Tomato Processing Market Size, Industry Overview, Trends, Latest Insights, Opportunity and Forecast 2023-2028

According to IMARC Group’s latest report, titled “Tomato Processing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, The global tomato processing market size reached 45.2 Million Tons in 2022. Looking forward, IMARC Group expects the market to reach 56.5 Million Tons by 2028, exhibiting a growth rate (CAGR) of 3.75% during 2023-2028.

Year Considered to Estimate the Market Size:

Base Year of the Analysis: 2022

Historical Period: 2017-2022

Forecast Period: 2023-2028

Tomato Processing Market Overview:

Tomato is an edible berry fruit that is a rich source of vitamins C and K, antioxidant lycopene, folate, and potassium. These elements offer several health benefits, including aiding digestion, maintaining blood glucose levels, preventing cancer, and protecting against sunburns. Tomato processing involves transforming fresh tomatoes into valuable products such as juice, paste, ketchup, sauce, and dehydrated and canned tomatoes. The end product is then used as an ingredient in various dishes, sauces, and condiments. There are two primary types of tomato processing: hot break and cold break. Currently, tomato processing is witnessing a massive demand in the food and beverage (F&B), cosmetics, and pharmaceutical sectors.

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Tomato Processing Market Trends:

The increasing application of processed tomatoes in the F&B industry, hotels, restaurants, and fast food retail chains is one of the primary factors accelerating the market growth. Additionally, the rapid westernization of food patterns due to the growing influence of social media is acting as another growth-inducing factor. Furthermore, the rising consumer awareness regarding the health benefits of the product and its various advantages, such as longer shelf life, has significantly increased its demand among the working populace, which, in turn, is driving the market growth. In line with this, key market players are investing heavily in state-of-the-art manufacturing facilities and advanced technology to produce unique packaging to keep the product fresh, which is bolstering the market growth. Apart from this, rapid urbanization and easy product availability in supermarkets, hypermarkets, and online retail stores are positively contributing to the market growth.

Tomato Processing Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the tomato processing market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• The Morning Star Company
• COFCO Tunhe Tomato Co., Ltd.
• Xinjiang Chalkis Company Ltd
• Ingomar Packing Co
• ConAgra Brands, Inc
• Olam International
• Los Gatos Tomato Products
• China Haohan Group Limited
• Campbell Soup Company
• Toma-Tek (Neil Jones Food Company)
• Stanislaus Food Products
• C.I.O. -Consorzio Interregionale Ortofrutticoli S.c.a.r.l.
• Sugal Group
• Pacific Coast Producers
• Kagome Co., Ltd.
• CONESA Group
• Tat Gida Sanayi A.S.
• Del Monte Foods, Inc
• Xinjiang Guannong Tomato Products Co. Ltd.
• Mutti SpA Industria

Key Market Segmentation:

The report has segmented the global tomato processing market on the basis of product type, distribution channel and region.

Breakup by Product Type:

• Sauces
  • Food Services Market
  • Home Users
• Paste
  • Food Services Market
  • Home Users
• Canned Tomatoes
  • Food Services Market
  • Home Users
• Ketchup
  • Food Services Market
  • Home Users
• Juice
  • Food Services Market
  • Home Users
• Others
  • Food Services Market
  • Home Users

Breakup by Distribution Channel:

• Business to Business
• Retail Market
  • Supermarkets/Hypermarkets
  • Specialty Stores
  • Convenience Stores
  • Online
  • Others

Breakup by Region:

• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Argentina, Colombia, Chile, Peru, Others)
• Middle East and Africa ( Turkey, Saudi Arabia, Iran, United Arab Emirates, Others)

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This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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