PUBLISHER: Grand View Research | PRODUCT CODE: 1474984
PUBLISHER: Grand View Research | PRODUCT CODE: 1474984
The global fruits & vegetables market size is anticipated to reach at USD 1,018.12 billion by 2030 and is projected to grow at a CAGR of 5.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is primarily fueled by heightened health consciousness, enhanced nutritional awareness, and significant lifestyle changes among consumers globally. An expanding body of research underscoring the health advantages of fruits and vegetables, such as their role in mitigating the risk of chronic diseases and bolstering immune health, has significantly influenced dietary choices. This shift is further propelled by global health crises, which have spotlighted the importance of immune system support through diet.
Moreover, governmental and non-governmental initiatives have played a crucial role in educating the public about the nutritional benefits of these foods and improving their accessibility through various retail and online platforms. Vegetarians & vegans primarily rely on the consumption of fruits and vegetables to meet their nutritional requirements. The trend towards plant-based diets, motivated by health, ethical, and environmental considerations, has also led to an increased consumption of fruits and vegetables.
According to an article in Modern Restaurant Management in April 2022, the popularity of plant-based foods is rising. This is mainly due to the increase in the vegan population, which totals around 10% in the U.S. Furthermore, due to climate change and due to the aftermath of the COVID-19 pandemic, the popularity of plant-based foods is further expected to rise. In addition, the published report also states that the total sales of around 17 restaurants that switched to a plant-based menu, increased from 10% to 1,000%. This indicates a significant increase in demand for fresh fruits & vegetables in the U.S.
For the working class, whose lifestyle is characterized by time constraints, the market has adapted by offering convenient consumption options such as pre-cut, ready-to-eat fruits and vegetables and innovative products that incorporate these healthy ingredients into easy-to-consume formats. Meal kits and delivery services focusing on fresh ingredients have become particularly popular among those seeking to maintain a healthy diet without dedicating time to meal preparation. This evolution in the food industry, towards making fruits and vegetables more accessible and convenient, caters to the growing demand for healthier dietary options, reflecting a collective move towards wellness and nutrition-conscious living amidst busy modern lifestyles.
In December 2022, Fresh Del Monte Produce, Inc. launched the Del Monte Zero pineapple, its first carbon-neutral certified pineapple. The product is available in North American and selective European markets. It is a product line extension from the Del Monte Gold, HoneyGlow, and Del Monte pineapple varieties.