Press Release

Jul, 04 2023

Tomatoes: A Global Market with Many Drivers

In 2021, the global production of tomatoes was estimated to be 189.1 million metric tons. China was the leading producer of tomatoes, accounting for 34.67% of the world's total production. Other major producers of tomatoes include India, the United States, Turkey, and Spain. In 2021, the global consumption of tomatoes was estimated to be 206.5 million metric tons. The highest per capita consumption of tomatoes was in Italy, with 100.4 kilograms per person. Other countries with high per capita consumption of tomatoes include Spain, Portugal, and Greece. In 2021, the global exports of tomatoes were estimated to be 19.7 million metric tons. The leading exporters of tomatoes were the Netherlands, Spain, and the United States. In 2021, the global imports of tomatoes were estimated to be 20.5 million metric tons. The leading importers of tomatoes were Germany, the United Kingdom, and France.

Access Full Report @ https://www.databridgemarketresearch.com/reports/global-tomatoes-market

Data Bridge Market Research analyses that the Tomatoes Market was valued at USD 203,552.72 million in 2022 and is expected to reach the value of USD 261,237.53 million by 2030, at a CAGR of 3.20% during the forecast period of 2023 to 2030. The growth of the market is attributed to the increasing demand for tomatoes in processed foods, growing popularity of tomato-based beverages, and increasing demand for fresh tomatoes. The increasing demand for tomatoes in processed foods is due to the fact that tomatoes are a versatile ingredient that can be used in a variety of dishes. Tomatoes are also a good source of vitamins, minerals, and antioxidants, which makes them a healthy choice for consumers. The growing popularity of tomato-based beverages is due to the fact that these beverages are rich in vitamins, minerals, and antioxidants. Tomato-based beverages have been shown to improve heart health, reduce the risk of cancer, and boost the immune system.

Tomatoes Market

Growing demand for processed food is expected to drive the market's growth rate

Tomatoes are a popular ingredient in a variety of processed foods, such as ketchup, tomato sauce, and salsa. The increasing demand for these products is driving the growth of the global tomatoes market. Tomato-based beverages, such as tomato juice and tomato smoothies, are gaining popularity due to their health benefits. These beverages are rich in vitamins, minerals, and antioxidants, and they have been shown to improve heart health, reduce the risk of cancer, and boost the immune system. Fresh tomatoes are a popular ingredient in salads, sandwiches, and other dishes. The increasing demand for fresh tomatoes is driving the growth of the global tomatoes market.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015- 2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Type (Cherry Tomatoes, Grape Tomatoes, Roma Tomatoes, Beefsteak Tomatoes, Heirloom Tomatoes, Tomatoes On The Vine, Green Tomatoes, and Others), Product Type (Fresh, Frozen, and Dried), Category (Conventional and Organic), End User (Food Service Industry and Household/Retail Industry), Distribution Channel (Direct and Indirect)

Countries Covered

U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)

Market Players Covered

Houwelings (Canada), Ontario Processing Vegetable Growers (Canada), CASALASCO - SOCIETÀ AGRICOLA S.p.A. (Italy), Tomato Growers Supply Company (U.S.), Magic Sun (U.S.), Sahyadri Farms Post Harvest Care Ltd. (India), PACIFIC RIM PRODUCE (U.S.), Duijvestijn Tomaten (Netherlands), West Coast Tomato, LLC (U.S.), and MASTRONARDI PRODUCE LTD. (Canada)

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand

Segment Analysis:

The global tomatoes market is segmented into five notable segments based on type, product type, category, end user and distribution channel.

  • Based on type, the market is segmented into cherry tomatoes, grape tomatoes, roma tomatoes, tomatoes on the vine, beefsteak tomatoes, heirloom tomatoes, green tomatoes, and others. Cherry tomatoes segment is expected to dominate the market with a market share of 22.20% because people are more aware of cherry tomatoes health benefits and their applicability in the food and beverage sector.
  • Based on product type, the market is segmented into fresh, frozen, and dried. Fresh segment is expected to dominate the market with a market share of 51.25% due to their various health benefits, as tomatoes are rich in anti-oxidants in nature and are rich in vitamin c.
  • Based on category, the market is segmented into conventional and organic. Conventional segment is expected to dominate the market with a market share of 80.82% due to easy available and affordable price to common people.
  • Based on end user, the market is segmented into food service industry and household/retail industry. Food service industry segment is expected to dominate the market with a market share of 69.11% due to the growing applicability of tomatoes in food and beverages.

The food service industry segment will dominate the end user segment of the tomatoes market

The food service industry segment will emerge as the dominating segment end user segment. This is because of the growing number of food & beverages processing industries in the market especially in the developing economies. Further, growth and expansion of research development services on a global scale will further bolster the growth of this segment.

  • Based on distribution channel, the market is segmented into direct and indirect. Direct segment is expected to dominate the market with a market share of 65.74% due to products being very fresh and directly coming from farming land.

The direct segment will dominate the distribution channel segment of the tomatoes market

The direct segment will emerge as the dominating segment under distribution channel. This is because of the growing number of infrastructural development activities in the market especially in the developing economies. Further, growth and expansion of the food and beverages industry all around the globe will further bolster the growth of this segment.

Major Players

Data Bridge Market Research recognizes the following companies as the major market players: Houwelings (Canada), Ontario Processing Vegetable Growers (Canada), CASALASCO - SOCIETÀ AGRICOLA S.p.A. (Italy), Tomato Growers Supply Company (U.S.), Magic Sun (U.S.), Sahyadri Farms Post Harvest Care Ltd. (India), PACIFIC RIM PRODUCE (U.S.), Duijvestijn Tomaten (Netherlands), West Coast Tomato, LLC (U.S.), and MASTRONARDI PRODUCE LTD. (Canada).

Tomatoes Market

Market Development

  • In 2022, NEC Corporation signed into a strategic collaboration agreement with Kagome Co., Ltd in 2020 to provide agricultural management support services for leading tomato processing industries using artificial intelligence (AI). Based on sensor data and satellite photos, the alliance will use NEC's AI-enabled agricultural ICT platform, CropScope, to predict tomato growth and soil conditions and deliver farming management advice.
  • In 2020, the International Atomic Energy Agency (IAEA) aided the national Food and Agricultural Research and Extension Institute (FAREI) in producing new tomato varieties by irradiation in partnership with the Food and Agriculture Organisation of the United Nations (FAO). Mauritius, an Indian Ocean nation, used nuclear technology to develop novel tomato varieties that can thrive in rising temperatures.

Regional Analysis

Geographically, the countries covered in the market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

As per Data Bridge Market Research analysis:

Asia-Pacific is the dominant region in the tomatoes market during the forecast period 2023-2030

In terms of market share and revenue, Asia-Pacific is predicted to lead the tomato industry. Given the presence of strong market participants and increasing demand for tomato products in Asia-Pacific, it is expected to maintain its dominance during the projection period. 

North America is estimated to be the fastest growing region in the tomatoes market in the forecast period 2023-2030

Given the increase in tomato agriculture, North America will thrive during the projection period. Given its strong agricultural infrastructure, the United States will emerge as the dominant country in this region.    

For more detailed information about the tomatoes market report, click here – https://www.databridgemarketresearch.com/reports/global-tomatoes-market


Client Testimonials