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North America Vegetables and Fruits Market – Industry Trends and Forecast to 2031

Agriculture And Animal Feed | Upcoming Report | Apr 2024 | North America | 350 Pages | No of Tables: 220 | No of Figures: 60

COVID-19 Impact on Vegetables and Fruits in Food and Beverages Industry

Report Description

North America Vegetables and Fruits Market, By Type (Vegetable Type, Fruit Type), Product Type (Fresh, Canned, Frozen, Dried & Dehydrated, Purees And Paste, Concentrates, Others), Category (Vegetables, Fruits), Packaging (Pouches, Tray, Bags, Cans, Jar, Boxes, And Others), End User (Retail/Household And Food Service), Distribution Channel (Store Based Retailers And Non-Store Based Retailers) – Industry Trends and Forecast to 2031.

North America Vegetables and Fruits Market Analysis and Size

Vegetables and fruits are an important part of a healthy diet as they contain important vitamins, minerals, and plant chemicals. Owing to several advantages associated with consumption of fruits and vegetables, the demand for the product will be raising in the coming years. Growing urbanization and increased adoption of healthy lifestyle, growing demand for organic vegetables and fruits over conventional ones, and increasing consumption of canned and frozen food are expected to drive the market growth in the coming years.

Data Bridge Market Research analyzes that the North America vegetables and fruits market which was USD 134,065.57 million in 2023, is expected to reach USD 1,78,770.68 million by 2031, growing at a CAGR of 8.2% during the forecast period of 2024 to 2031. 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.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

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

Segments Covered

By Type (Vegetable Type And Fruit Type), Product Type (Fresh, Canned, Frozen, Dried & Dehydrated, Purees And Paste, Concentrates, And Others), Category (Vegetables And Fruits), Packaging (Pouches, Tray, Bags, Cans, Jar, Boxes, And Others), End User (Retail/Household And Food Service), Distribution Channel (Store Based Retailers And Non-Store Based Retailers)

Countries Covered

U.S., Canada, Mexico

Market Players Covered

Total Produce (Ireland), Fresh Del Monte Produce Inc (U.S.), Nationwide Produce Plc (U.K.), STIRFRESH (Kenya), Kühne + Heitz (U.S.), Wealmoor Ltd (U.K.), Abbey View Produce (U.K.), Agrial (France), Burgess Farms (U.S.), Kiril Mischeff (U.K.), Kettle Produce Ltd (U.K.), Fruktana (Serbia), IQF Foods Private Ltd. (India), Fresh Fruits Company (U.A.E.), DGM Growers (U.S.), RBOrganic Ltd (U.K.)

Market Opportunities

  • Growing healthy eating trends
  • Increasing organic and locally sourced produce

Market Definition

Vegetables and fruits are an important part of a healthy diet as they contain important vitamins, minerals, and plant chemicals. They also contain good amount of fiber and various micronutrients. They are naturally good and contain vitamins and minerals such as vitamins A (beta-carotene), C and E, magnesium, zinc, phosphorous, and folic acid that can help to keep one healthy. Daily consumption of vegetables and fruits can also help protect against various diseases. Vegetables and fruits offer various health benefits since they contain phytochemicals or plant chemicals.

North America Vegetables and Fruits Market Dynamics

Drivers

  • Rising Demand for Organic and Locally Sourced Produce

The growing preference for organic and locally sourced vegetables and fruits is driven by consumers' desire for fresher, environmentally friendly, and sustainably produced food.

  • Growing Functional Foods and Superfoods

Consumer interest in functional foods and superfoods has led to the incorporation of nutrient-dense vegetables and fruits in products designed to provide specific health benefits and boost nutritional content.

Opportunity

  • Growing Healthy Eating Trends

Growing awareness of the health benefits of a diet rich in vegetables and fruits provides an opportunity for market growth, as consumers seek nutritious and wholesome food options.

  • Increasing Organic and Locally Sourced Produce

The demand for organic and locally sourced vegetables and fruits is on the rise. Opportunities exist for producers and retailers to cater to this growing market segment.

Restraints

  • Supply Chain Complexity

The vegetables and fruits supply chain can be complex, involving multiple stages from production to retail. Challenges in logistics, distribution, and coordination can impact the efficiency of the supply chain.

This vegetables and fruits market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the vegetables and fruits market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.Recent Development

  • In May, Alexia, a Foods, announced that all of the brand's offerings will be non-GMO by the end of 2016. This will help the company to meet the consumer's preferences
  • In January 2021, Mother Dairy Fruit & Vegetable Private Limited announced the launch of frozen drumsticks vegetables, and frozen cut okra with the objective of offering superior quality, hygienically packed, and convenient options to consumers

North America Vegetables and Fruits Market Scope

The vegetables and fruits market is segmented the based on type, product type, category, packaging, end user, and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Vegetable Type
  • Fruit Type

Product type

  • Fresh
  • Canned
  • Frozen
  • Dried & Dehydrated
  • Purees and Paste
  • Concentrates
  • Others

Category

  • Vegetables
  • Fruits

Packaging

  • Vegetables
  • Fruits

End user

  • Retail/Household
  • Food Service Sector

Distribution channel

  • Store Based Retailers
  • Non-Store Based Retailers

North America Vegetables and Fruits Market Country level Analysis/Insights

The vegetables and fruits market is segmented the based on type, product type, category, nature, flavor, form, packaging, end user, and distribution channel.

The countries covered in the market report are the U.S., Canada, and Mexico,

U.S. is expected to dominate the market and also be the fastest growing country due to increased consumption of vegetables and fruits to maintain a healthier diet, and growing trends towards frozen and canned food is again driving the growth for market.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of North America brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.

Competitive Landscape and North America Vegetables and Fruits Market Share Analysis

The vegetables and fruits market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to vegetables and fruits market.

Some of the major players operating in the vegetables and fruits market are:

  • Total Produce (Ireland)
  • Fresh Del Monte Produce Inc (U.S.)
  • Nationwide Produce Plc (U.K.)
  • STIRFRESH (Kenya)
  • Kühne + Heitz (U.S.)
  • Wealmoor Ltd (U.K.)
  • Abbey View Produce (U.K.)
  • Agrial (France)
  • Burgess Farms (U.S.)
  • Kiril Mischeff (U.K.)
  • Kettle Produce Ltd (U.K.)
  • Fruktana (Serbia)
  • IQF Foods Private Ltd. (India)
  • Fresh Fruits Company (U.A.E.)
  • DGM Growers (U.S.)
  • RBOrganic Ltd (U.K.)


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