Food & Beverages
Food & Beverages

Fresh Vegetables Market (By Distribution Channel: Offline, Online; By Product: Tomato, Onion, Cabbage, Cucumber, Eggplant, Beans, Carrot, Others) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030

Report ID : 3072
Date : 2024-02-07
No of Pages : 150
Format : PDF

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Report Overview

The fresh vegetables market was valued at 618.35 billion in 2022 and expected to grow at CAGR of 4.3% over forecast period.

Increasing awareness of the importance of a healthy diet and the consumption of fresh, natural foods has led to a growing demand for fresh vegetables. Consumers are prioritizing fresh produce as part of their daily meals. In Addition, Health-conscious consumers are seeking nutrient-dense foods that provide essential vitamins, minerals, and fiber. Fresh vegetables are considered a vital component of a balanced and nutritious diet. Moreover, the growing adoption of vegetarian and vegan diets has boosted the demand for fresh vegetables as primary sources of nutrients and protein alternatives. Also, the demand for organic and non-genetically modified (GMO) vegetables is on the rise. These products are perceived as healthier and more environmentally friendly.

The fresh vegetables market continues to evolve as consumer preferences and awareness about health, sustainability, and food sources expand. Meeting these demands requires ongoing innovation and adaptability throughout the supply chain, from growers to retailers are fueling the growth of the fresh vegetables market these days.

Consumers are increasingly interested in purchasing locally grown and sustainably sourced vegetables. This trend supports local farmers and reduces the carbon footprint associated with food transportation.

Distribution Channel Outlook

Based on distribution channel, the fresh vegetables market is segmented into online and offline. Offline segment accounted for largest share in 2022. offline distribution channels play a pivotal role in driving the growth of the fresh vegetable market by offering accessibility, variety, trust, and a convenient shopping experience. These channels remain a preferred choice for many consumers, complementing the growth of online distribution options in the evolving retail landscape. Furthermore, offline retailers typically offer a wide variety of fresh vegetables, including seasonal, locally sourced, and exotic options. This variety caters to diverse consumer preferences and encourages exploration of different vegetables.

Thus, offline distribution channels enhance the growth of the fresh vegetables market by providing consumers with accessible, fresh, and diverse options. These channels also offer a personalized shopping experience, community engagement, and immediate access to products, making them integral to the overall success of the fresh vegetables market.

Regional Outlook

Asia-Pacific has emerged as leading market for fresh vegetables market in 2022. Asia-Pacific is the most populous region in the world, with a rapidly growing population. As more people need to be fed, the demand for fresh vegetables, a staple in Asian diets, continues to rise. Asia-Pacific's combination of population size, cultural importance of fresh vegetables, changing consumer preferences, and economic growth positions it as a major driver of the global fresh vegetable market. The region's influence on the market is expected to continue growing in the coming years.

Furthermore, the growth of modern retail formats, such as supermarkets and hypermarkets, has made fresh vegetables more accessible to urban and suburban consumers. These stores often offer a wide variety of fresh produce options. On the other hand, the rise of e-commerce platforms and online grocery shopping in the Asia-Pacific region has made it easier for consumers to purchase fresh vegetables online, contributing to market growth.

Fresh Vegetables Market Report Scope

Report Attribute Details
Market Value in 2022 USD 618.35 Billion
Forecast in 2030 USD 854.97 Billion
CAGR CAGR of 5.8% from 2023 to 2030
Base Year of Forecast 2022
Historical 2018-2021
Units Revenue in USD Billion and CAGR from 2023 to 2030
Report Coverage Revenue forecast, Industry outlook, competitive landscape, growth factors, and trends
Segments Scope By Distribution Channel, By Product
Regions Covered North America, Europe, Asia Pacific, CSA and MEA
Key Companies Profiled Dole Food Company, Fresh Del Monte Produce, Green Giant (B&G Foods), Grimmway Farms, Taylor Farms, Sun World International, NatureSweet, Mastronardi Produce (Sunset), Church Brothers Farms and Houweling's Group among others

Global Fresh Vegetables Market, Report Segmentation

Fresh Vegetables Market, By Distribution Channel

  • Offline
  • Online

Fresh Vegetables Market, By Product

  • Tomato
  • Onion
  • Cabbage
  • Cucumber
  • Eggplant
  • Beans
  • Carrot
  • Other

Fresh Vegetables Market, Regional Outlook

North America

  • U.S.
  • Canada
  • Mexico

Europe

  • Germany
  • UK
  • Spain
  • Russia
  • France
  • Italy

Asia Pacific

  • China
  • Japan
  • India
  • South Korea
  • Australia

CSA

  • Brazil
  • Argentina

MEA

  • UAE
  • Saudi Arabia
  • South Africa

TABLE OF CONTENTS

EXECUTIVE SUMMARY

1       Market Overview

2       Market Drivers

3       Market Restraints

4       Market Challenges

5       Market Opportunities

5.3        Porter’s Five Analysis

5.4        Covid-19 Impact

6       Fresh Vegetables Market, By Distribution Channel

6.1 Offline

6.3 Online

7 Fresh Vegetables Market, By Product

7.1   Tomato

7.2   Onion,

7.3   Cabbage

7.4   Cucumber

7.5   Eggplant

7.6   Beans

7.7.  Carrot

7.8   Other

7       Major Developments and Strategic Initiatives

8       Market Positioning

9       Market Share Analysis

10         North America

10.1      U.S.

10.2      Canada

10.3      Mexico

11         Europe

11.1      Germany

11.2      UK

11.3      Spain

11.4      Russia

11.5      France

11.6      Italy

12         Asia Pacific

12.1      China

12.2      Japan

12.3      India

12.4      South Korea

12.5      Australia

13         CSA

13.1      Brazil

13.2      Argentina

14         MEA

14.1      UAE

14.2      Saudi Arabia

14.3      South Africa

15         Company Profiles

15.1      Dole Food Company

15.1.1       Company Overview

15.1.2       Financial Performance

15.1.3       Product Portfolio

15.1.4       Strategic Initiatives

15.2      Fresh Del Monte Produce

15.1.1       Company Overview

15.1.2       Financial Performance

15.1.3       Product Portfolio

15.1.4  Strategic Initiatives

15.3   Green Giant (B&G Foods)

15.1.1       Company Overview

15.1.2       Financial Performance

15.1.3       Product Portfolio

15.1.4  Strategic Initiatives

15.4   Grimmway Farms

15.1.1       Company Overview

15.1.2       Financial Performance

15.1.3       Product Portfolio

15.1.4  Strategic Initiatives

  1. 5 Taylor Farms

15.1.1       Company Overview

15.1.2       Financial Performance

15.1.3       Product Portfolio

15.1.4  Strategic Initiatives

15.6 Sun World International

15.1.1       Company Overview

15.1.2       Financial Performance

15.1.3       Product Portfolio

15.1.4  Strategic Initiatives

15.7 NatureSweet

15.1.1       Company Overview

15.1.2       Financial Performance

15.1.3       Product Portfolio

15.1.4  Strategic Initiatives

15.8 Mastronardi Produce (Sunset)

15.1.1       Company Overview

15.1.2       Financial Performance

15.1.3       Product Portfolio

15.1.4  Strategic Initiatives

15.9 Church Brothers Farms

15.1.1       Company Overview

15.1.2       Financial Performance

15.1.3       Product Portfolio

15.1.4  Strategic Initiatives

15.10 Houweling's Group

15.1.1       Company Overview

15.1.2       Financial Performance

15.1.3       Product Portfolio

15.1.4  Strategic Initiatives

 

 

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