Report

Vietnam fruit & vegetable processing market is expected to grow at a significant rate during the forecast period. The market growth can be attributed to the increasing consumption of fruits and vegetables and the growing dependency on prepared food products. Besides, diverse agro-climatic zones and an increase in the number of distribution channels are expected to fuel the growth of the Vietnam fruit & vegetable processing market. Advances in technology and the increased need for reducing waste in food processing are also supporting the growth of Vietnam fruit & vegetable processing market. Rising demands for processed produce due to their benefits such as prolonged shelf life, ease of storage, etc., coupled with the growing trade from countries, are also contributing to the growth of Vietnam fruit & vegetable processing market. Changing consumer patterns in terms of dietary habits and the increasing influence of western culture in Vietnam are supporting the country's growth of fruit & vegetable processing market. Owing to the rising trend of plant-based consumption, companies are developing many products such as cold-pressed fruits & vegetable juices to meet the growing needs of consumers. Many manufacturers are developing innovative food processors to preserve the food color, flavor, texture, and nutrition, which is expected to propel the growth of Vietnam fruit & vegetable processing market in the forecast period. A growing number of the health-conscious population are contributing to the greater consumption of dried fruits, canned fruits, syrup preserved fruits, which are high in potassium, dietary fiber, vitamin C, antioxidants, etc., which are expected to support the growth of Vietnam fruit & vegetable processing market. The growing presence of e-commerce channels and increased consumer demand for high-quality products without compromising nutritional value is supporting the growth of Vietnam fruit & vegetable processing market. However, strict regulations for consumer safety and a lack of cold storage and transportation facilities might hinder the growth of Vietnam fruit & vegetable processing market.
Vietnam fruit & vegetable processing market is segmented based on processing type, type, operation type, product type, and region. Based on processing type, the vegetables segment registered the highest growth in the Vietnam fruit & vegetable processing market in the forecast period. Based on type, the market is fragmented into pre-processing equipment, Peeling/Inspection/Slicing, Washing and Dewatering, Fillers, Seasoning Systems, Packaging and Handling & Other Systems. The packaging & handling segment is anticipated to hold the largest share in the Vietnam fruit & vegetable processing market due to the rising technological innovations in the packaging equipment industry.
Major players operating in the Vietnam fruit & vegetable processing market include Bosch Packaging Technology, Buhler Group, Campbell Soup Company, H. J. Heinz Company, JBT Corporation, Krones AG, Maxwell Chase Technologies, McCain Foods Ltd., Nestle S.A., Safeway Inc., The Kroger Company & Others.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F�2027F
Objective of the Study:
� To analyze and forecast the market size of the Vietnam fruit & vegetable processing market, in terms of values & volume.
� To define, classify and forecast the Vietnam fruit & vegetable processing market on the basis of type, operation type, product type, processing type & region.
� To identify tailwinds and headwinds for the Vietnam Fruit & Vegetable Processing market.
� To examine competitive developments such as expansions, new launches, and mergers & acquisitions in the Vietnam Fruit & Vegetable Processing market.
� To strategically profile the leading players in the Vietnam Fruit & Vegetable Processing Market.
TechSci Research performed primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of fruit & vegetable processing companies in Vietnam. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include companies that could not be identified due to the limitations of secondary research. TechSci Research analysed type, operation type, product type, processing type and regional presence of all major fruit & vegetable processing companies across the country.
TechSci Research calculated the market size for the Vietnam fruit & vegetable processing market using a bottom-up approach, wherein data for end user segments was recorded as well as forecast for the future years was made. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective companies to arrive at the overall market size. Various secondary sources such as all Vietnam fruit & vegetable processing companies, association, company annual reports, white papers, investor presentations and financial reports were also used by the TechSci Research.
Key Target Audience:
� Vietnam fruit & vegetable processing companies
� Research organizations and consulting companies
� Associations, organizations and alliances related to fruit & vegetable processing
� Government bodies such as regulating authorities and policy makers
� Industry associations
� Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as fruit & vegetable processing companies, policy makers, and which market segments should be targeted over the coming years (next five years) in order to strategize investments and capitalize on growth of the market.
Report Scope:
In this report, Vietnam fruit & vegetable processing market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
� Vietnam Fruit & Vegetable Processing Market, By Processing Type:
? Fruit
? Vegetables
� Vietnam Fruit & Vegetable Processing Market, By Type:
? Pre-Processing Equipment
? Peeling/Inspection/Slicing
? Washing and Dewatering
? Fillers
? Seasoning Systems
? Packaging and Handling
? Other Systems
� Vietnam Fruit & Vegetable Processing Market, By Operation Type:
? Automatic
? Semi-Automatic
� Vietnam Fruit & Vegetable Processing Market, By Product Type:
? Fresh
? Fresh-Cut
? Canned
? Frozen
? Dried and Dehydrated
? Convenience
� Vietnam Fruit & Vegetable Processing Market, By Region:
? Central Vietnam
? Southern Vietnam
? Northern Vietnam
Competitive Landscape
Competition Benchmarking: Benchmarking of leading 10 players
Company Profiles: Detailed analysis of the major companies present in the Vietnam fruit & vegetable processing market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to the company�s specific needs. The following customization options are available for the report:
Channel Partner Analysis
� Detailed list of companies and distributors across the country.
Company Information
� Detailed analysis and profiling of additional market players (up to five).
Product Information
� Detailed analysis of new products in the market and their driving forces in the market.