Publisher:             MarketsandMarkets
              # of Pages:           219
              Rating: 
              
1 User License $4,950
               Publication Date:  April, 2022 
              Price:       $4,950  / User License
             
        Buy Now
           
            RPT50598
            LIC503
             1 User $4,950
            
            
            
               
			   
			  
			  
		 
			       1	INTRODUCTION	20
1.1	OBJECTIVES OF THE STUDY	20
1.2	MARKET DEFINITION	20
1.3	STUDY SCOPE	21
FIGURE 1	MARKET SEGMENTATION	21
1.4	REGIONS COVERED	22
1.5	PERIODIZATION CONSIDERED	22
1.6	CURRENCY CONSIDERED	23
TABLE 1	USD EXCHANGE RATES CONSIDERED, 2019–2021	23
1.7	VOLUME UNIT CONSIDERED	23
1.8	STAKEHOLDERS	24
1.9	SUMMARY OF CHANGES	24
2	RESEARCH METHODOLOGY	26
2.1	RESEARCH DATA	26
FIGURE 2	MODIFIED STARCH MARKET: RESEARCH DESIGN	26
2.1.1	SECONDARY DATA	27
2.1.1.1	Key data from secondary sources	27
2.1.2	PRIMARY DATA	27
2.1.2.1	Key data from primary sources	28
2.1.2.2	Key industry insights	29
2.1.2.3	Breakdown of primary interviews	30
FIGURE 3	BREAKDOWN OF PRIMARY INTERVIEWS: BY VALUE CHAIN, DESIGNATION, AND REGION	30
2.2	FACTOR ANALYSIS	31
2.2.1	INTRODUCTION	31
2.2.2	DEMAND-SIDE ANALYSIS	31
FIGURE 4	KEY ECONOMIES BASED ON GDP, 2013–2018 (USD TRILLION)	31
2.2.3	SUPPLY-SIDE ANALYSIS	32
2.2.4	MARKET SIZE ESTIMATION	32
2.2.5	APPROACH ONE (BASED ON RAW MATERIAL, BY REGION)	33
2.2.6	APPROACH TWO (BASED ON THE GLOBAL MARKET)	34
2.3	DATA TRIANGULATION	35
FIGURE 5	DATA TRIANGULATION METHODOLOGY	35
2.4	ASSUMPTIONS FOR THE STUDY	36
2.5	LIMITATIONS OF THE STUDY	37
 
3	EXECUTIVE SUMMARY	38
FIGURE 6	IMPACT OF COVID-19 ON THE MODIFIED STARCH MARKET SIZE, 
BY SCENARIO, 2022 VS. 2021 (USD MILLION)	39
FIGURE 7	MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2022 VS. 2027 (USD MILLION)	40
FIGURE 8	MODIFIED STARCH MARKET SIZE, BY APPLICATION, 
2022 VS. 2027 (USD MILLION)	41
FIGURE 9	MODIFIED STARCH MARKET SIZE, BY FORM, 2022 VS. 2027 (USD MILLION)	41
FIGURE 10	MODIFIED STARCH MARKET SHARE (VALUE), BY REGION, 2022	42
4	PREMIUM INSIGHTS	43
4.1	ATTRACTIVE OPPORTUNITIES IN THE MODIFIED STARCH MARKET	43
FIGURE 11	RISE IN DEMAND FOR MODIFIED STARCH DUE TO CONSUMER DEMAND FOR CONVENIENT FOOD PACKAGING GLOBALLY	43
4.2	ASIA PACIFIC: MODIFIED STARCH MARKET, BY RAW MATERIAL & COUNTRY	44
FIGURE 12	MODIFIED CORN STARCH AND CHINA TO ACCOUNT FOR THE LARGEST RESPECTIVE MARKET SHARES IN THE ASIA PACIFIC MARKET IN 2022	44
4.3	MODIFIED STARCH MARKET, BY RAW MATERIAL	44
FIGURE 13	CORN-BASED MODIFIED STARCH TO DOMINATE THE MARKET 
DURING THE FORECAST PERIOD	44
4.4	MODIFIED STARCH MARKET, BY RAW MATERIAL & REGION	45
FIGURE 14	ASIA PACIFIC TO DOMINATE ACROSS RAW MATERIAL MARKETS 
DURING THE FORECAST PERIOD	45
4.5	MODIFIED STARCH MARKET, BY APPLICATION	46
FIGURE 15	FOOD & BEVERAGE APPLICATIONS TO DOMINATE THE MARKET 
DURING THE FORECAST PERIOD	46
4.6	MODIFIED STARCH MARKET, BY FORM	46
FIGURE 16	DRY MODIFIED STARCH TO DOMINATE THE MARKET 
DURING THE FORECAST PERIOD	46
FIGURE 17	COVID-19 IMPACT ON THE MODIFIED STARCH MARKET: COMPARISON OF PRE- AND POST-COVID-19 SCENARIOS	47
5	MARKET OVERVIEW	48
5.1	INTRODUCTION	48
5.2	MARKET DYNAMICS	49
FIGURE 18	MODIFIED STARCH MARKET DYNAMICS	49
5.2.1	DRIVERS	49
5.2.1.1	Rise in demand for convenience and processed food	49
FIGURE 19	CONSUMER PREFERENCE FOR FOOD PROCESSING	50
5.2.1.2	Functional properties of modified starch and their ease of incorporation in a wide range of food applications	51
TABLE 2	RESEARCH CONDUCTED ON THE PHYSICAL MODIFICATION OF STARCH	52
5.2.1.3	Growth in demand for adhesives in a range of industrial applications	53
5.2.2	RESTRAINTS	53
5.2.2.1	Limited sources and high cost of natural additives	53
FIGURE 20	US: CASSAVA PRICE TRENDS, 2013–2018 (USD/TONNE)	53
5.2.2.2	Higher demand for gum arabic	54
5.2.3	OPPORTUNITIES	54
5.2.3.1	Potential alternative sources of modified starch	54
5.2.3.2	Untapped applications of modified starch	55
5.2.4	CHALLENGES	55
5.2.4.1	Approval from the different regulatory bodies	55
5.2.4.2	Rise in cost of raw materials	55
5.3	COVID-19 IMPACT ON THE MODIFIED STARCH MARKET	56
6	INDUSTRY TRENDS	57
6.1	INTRODUCTION	57
6.2	IMPACT OF REVENUE SHIFT	57
FIGURE 21	YC-YCC: IMPACT OF REVENUE SHIFT ON THE MODIFIED STARCH MARKET	57
6.3	VALUE CHAIN	57
6.3.1	RESEARCH & DEVELOPMENT	58
6.3.2	SOURCING OF RAW MATERIALS	58
6.3.3	PRODUCTION AND PROCESSING	58
6.3.4	DISTRIBUTION, MARKETING, AND SALES	58
FIGURE 22	MODIFIED STARCH MARKET: VALUE CHAIN	58
6.4	TECHNOLOGY ANALYSIS	59
FIGURE 23	MODIFIED STARCH MARKET: TECHNOLOGY ANALYSIS	59
6.4.1	PHYSICAL METHODS	59
6.4.2	CHEMICAL METHODS	59
6.4.3	ENZYMATIC METHODS	59
6.5	PATENT ANALYSIS	60
TABLE 3	PATENTS PERTAINING TO MODIFIED STARCH, 2021	60
6.6	ECOSYSTEM MAP AND SUPPLY CHAIN	61
6.6.1	MODIFIED STARCH: MARKET MAP OF ECOSYSTEM	61
FIGURE 24	MODIFIED STARCH MARKET: SUPPLY CHAIN	62
FIGURE 25	ECOSYSTEM VIEW	63
6.7	PORTER’S FIVE FORCES ANALYSIS	63
TABLE 4	MODIFIED STARCH MARKET: PORTER’S FIVE FORCES ANALYSIS	64
6.7.1	BARGAINING POWER OF SUPPLIERS	64
6.7.2	BARGAINING POWER OF BUYERS	64
6.7.3	THREAT OF SUBSTITUTES	64
6.7.4	THREAT OF NEW ENTRANTS	65
6.7.5	INTENSITY OF COMPETITION RIVALRY	65
6.8	TRADE ANALYSIS	65
6.8.1	CORN STARCH	66
TABLE 5	TOP 10 EXPORTERS AND IMPORTERS OF CORN STARCH, 2019 (KT)	66
6.8.2	CASSAVA STARCH	66
TABLE 6	TOP 10 EXPORTERS AND IMPORTERS OF CASSAVA STARCH, 2019 (KT)	66
6.8.3	POTATO STARCH	67
TABLE 7	TOP 10 EXPORTERS AND IMPORTERS OF POTATO STARCH, 2019 (KT)	67
6.8.4	WHEAT STARCH	67
TABLE 8	TOP 10 EXPORTERS AND IMPORTERS OF WHEAT STARCH, 2019 (KT)	67
6.9	CASE STUDIES	68
6.9.1	ROQUETTE: BAKERY PRODUCTS WITH MODIFIED STARCH	68
6.9.2	INGREDION INCORPORATED: COMPANY USES MODIFIED POTATO STARCH TO MAINTAIN THE PULPY GOODNESS	68
6.10	KEY CONFERENCES & EVENTS	69
TABLE 9	MODIFIED STARCH MARKET: DETAILED LIST OF CONFERENCES & EVENTS, 2022–2023	69
6.11	KEY STAKEHOLDERS & BUYING CRITERIA	70
6.11.1	KEY STAKEHOLDERS IN BUYING PROCESS	70
FIGURE 26	INFLUENCE OF STAKEHOLDERS IN BUYING MODIFIED STARCH APPLICATIONS	70
TABLE 10	INFLUENCE OF STAKEHOLDERS IN BUYING FOR TOP 3 APPLICATIONS	70
6.11.2	BUYING CRITERIA	70
FIGURE 27	KEY BUYING CRITERIA FOR TOP APPLICATIONS	70
TABLE 11	KEY BUYING CRITERIA FOR MODIFIED STARCH APPLICATIONS	71
6.12	AVERAGE SELLING PRICES	71
6.12.1	AVERAGE SELLING PRICE TREND ANALYSIS	71
FIGURE 28	US: CORN PRICES, 2013–2019 (USD/BUSHELS)	71
TABLE 12	GLOBAL AVERAGE PRICES OF MODIFIED STARCH, BY RAW MATERIAL, 
2018 VS. 2019 (USD/TON)	71
FIGURE 29	PRICING TRENDS OF THE POTATO STARCH, 2017–2019 (USD/TON)	72
TABLE 13	AVERAGE PRICES OF MODIFIED STARCH, BY REGION, 
2020 VS. 2021 (USD/TON)	72
7	REGULATORY FRAMEWORK	73
7.1	INTRODUCTION	73
7.2	MODIFIED STARCH REGULATIONS IN NORTH AMERICA	73
7.2.1	US FOOD AND DRUG ADMINISTRATION	73
7.3	MODIFIED STARCH REGULATIONS IN EUROPE	76
7.4	MODIFIED STARCH REGULATIONS IN THE ASIA PACIFIC	76
8	MODIFIED STARCH MARKET, BY RAW MATERIAL	77
8.1	INTRODUCTION	78
TABLE 14	MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	78
TABLE 15	MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 2018–2027 (KT)	78
8.2	CORN	79
8.2.1	EASY PROCESSIBILITY MAKES CORN STARCH HIGHLY PREFERRED	79
TABLE 16	MODIFIED CORN STARCH MARKET SIZE, BY REGION, 
2018–2027 (USD MILLION)	79
TABLE 17	MODIFIED CORN STARCH MARKET SIZE, BY REGION, 2018–2027 (KT)	79
8.3	CASSAVA	80
8.3.1	CASSAVA MODIFIED STARCH MARKET DRIVEN BY FUNCTIONAL PROPERTIES	80
TABLE 18	MODIFIED CASSAVA STARCH MARKET SIZE, BY REGION, 
2018–2027 (USD MILLION)	80
TABLE 19	MODIFIED CASSAVA STARCH MARKET SIZE, BY REGION, 2018–2027 (KT)	81
8.4	POTATO	81
8.4.1	POTATO STARCH FINDS MAJOR APPLICATION IN THE EUROPEAN MARKET	81
TABLE 20	MODIFIED POTATO STARCH MARKET SIZE, BY REGION, 
2018–2027 (USD MILLION)	81
TABLE 21	MODIFIED POTATO STARCH MARKET SIZE, BY REGION, 2018–2027 (KT)	82
8.5	WHEAT	82
8.5.1	WHEAT MODIFIED STARCH GAINS POPULARITY OWING TO ITS THICKENING AND BLENDING PROPERTIES	82
TABLE 22	MODIFIED WHEAT STARCH MARKET SIZE, BY REGION, 
2018–2027 (USD MILLION)	82
TABLE 23	MODIFIED WHEAT STARCH MARKET SIZE, BY REGION, 2018–2027 (KT)	83
8.6	OTHER RAW MATERIALS	83
TABLE 24	OTHER RAW MATERIALS MARKET SIZE, BY REGION, 
2018–2027 (USD MILLION)	83
TABLE 25	OTHER RAW MATERIALS MARKET SIZE, BY REGION, 2018–2027 (KT)	84
9	MODIFIED STARCH MARKET, BY APPLICATION	85
9.1	INTRODUCTION	86
TABLE 26	MODIFIED STARCH MARKET SIZE, BY APPLICATION, 
2018–2027 (USD MILLION)	86
FIGURE 30	MODIFIED STARCH MARKET SIZE, BY APPLICATION, 
2022 VS. 2027 (USD MILLION)	87
9.2	COVID-19 IMPACT ON THE MODIFIED STARCH MARKET, BY APPLICATION	87
9.2.1	REALISTIC SCENARIO	88
TABLE 27	REALISTIC SCENARIO: MODIFIED STARCH MARKET SIZE, BY APPLICATION, 2019–2021 (USD MILLION)	88
9.2.2	OPTIMISTIC SCENARIO	88
TABLE 28	OPTIMISTIC SCENARIO: MODIFIED STARCH MARKET SIZE, BY APPLICATION, 2019–2021 (USD MILLION)	88
9.2.3	PESSIMISTIC SCENARIO	88
TABLE 29	PESSIMISTIC SCENARIO: MODIFIED STARCH MARKET SIZE, BY APPLICATION, 2019–2021 (USD MILLION)	88
9.3	FOOD & BEVERAGES	89
TABLE 30	MODIFIED STARCH MARKET SIZE IN FOOD & BEVERAGES, BY REGION, 2018–2027 (USD MILLION)	89
TABLE 31	MODIFIED STARCH MARKET SIZE IN FOOD & BEVERAGES, 
BY SUBAPPLICATION, 2018–2027 (USD MILLION)	89
9.3.1	BAKERY & CONFECTIONERY PRODUCTS	90
9.3.1.1	Modified starch improves the texture and quality of bakery products	90
TABLE 32	MODIFIED STARCH MARKET SIZE IN BAKERY & CONFECTIONERY PRODUCTS, BY REGION, 2018–2027 (USD MILLION)	90
9.3.2	PROCESSED FOODS	90
9.3.2.1	Modified starch functions as a stabilizer and provides freeze-thaw ability to processed foods	90
TABLE 33	MODIFIED STARCH MARKET SIZE IN PROCESSED FOODS, BY REGION, 
2018–2027 (USD MILLION)	91
9.3.3	BEVERAGES	91
9.3.3.1	Starches stabilize beverages and provide them with viscosity for desired mouthfeel	91
TABLE 34	MODIFIED STARCH MARKET SIZE IN BEVERAGES, BY REGION, 
2018–2027 (USD MILLION)	91
9.3.4	OTHER FOOD APPLICATIONS	92
TABLE 35	MODIFIED STARCH MARKET SIZE IN OTHER FOOD APPLICATIONS, 
BY REGION, 2018–2027 (USD MILLION)	92
9.4	FEED	92
TABLE 36	MODIFIED STARCH MARKET SIZE IN FEED, BY REGION, 
2018–2027 (USD MILLION)	92
TABLE 37	MODIFIED STARCH MARKET SIZE IN FEED, BY TYPE, 
2018–2027 (USD MILLION)	93
9.4.1	SWINE FEED	93
9.4.1.1	Starch improves digestibility in swine	93
9.4.2	RUMINANT FEED	93
9.4.2.1	Starch provides carbohydrates, helping ruminants gain weight	93
9.4.3	POULTRY FEED	93
9.4.3.1	Starch is an important nutrient source in poultry diets	93
9.4.4	OTHER FEED APPLICATIONS	94
9.5	INDUSTRIAL	94
TABLE 38	MODIFIED STARCH MARKET SIZE IN INDUSTRIAL APPLICATIONS, BY REGION, 2018–2027 (USD MILLION)	94
TABLE 39	MODIFIED STARCH MARKET SIZE IN INDUSTRIAL APPLICATIONS, 
BY SUBAPPLICATION, 2018–2027 (USD MILLION)	94
9.5.1	PAPERMAKING	95
9.5.1.1	Modified starch provides internal strength to paper	95
TABLE 40	MODIFIED STARCH MARKET SIZE IN PAPERMAKING, BY REGION, 
2018–2027 (USD MILLION)	95
9.5.2	WEAVING & TEXTILES	95
9.5.2.1	Starch improves the appearance of fabric	95
TABLE 41	MODIFIED STARCH MARKET SIZE IN WEAVING & TEXTILES, BY REGION, 2018–2027 (USD MILLION)	96
9.5.3	MEDICINES & PHARMACEUTICALS	96
9.5.3.1	Modified starch is important in various pharmaceutical applications	96
TABLE 42	MODIFIED STARCH MARKET SIZE IN MEDICINES & PHARMACEUTICALS, 
BY REGION, 2018–2027 (USD MILLION)	96
 
9.5.4	COSMETICS	97
9.5.4.1	Modified starch provides smoothness to cosmetics	97
TABLE 43	MODIFIED STARCH MARKET SIZE IN COSMETICS, BY REGION, 
2018–2027 (USD MILLION)	97
9.5.5	OTHER INDUSTRIAL APPLICATIONS	97
TABLE 44	MODIFIED STARCH MARKET SIZE IN OTHER INDUSTRIAL APPLICATIONS, 
BY REGION, 2018–2027 (USD MILLION)	97
10	MODIFIED STARCH MARKET, BY FORM	98
10.1	INTRODUCTION	99
TABLE 45	MODIFIED STARCH MARKET SIZE, BY FORM, 2018–2027 (USD MILLION)	99
FIGURE 31	MODIFIED STARCH MARKET SIZE, BY FORM, 2022 VS. 2027 (USD MILLION)	99
10.2	COVID-19 IMPACT ON THE MODIFIED STARCH MARKET, BY FORM	100
10.2.1	REALISTIC SCENARIO	100
TABLE 46	REALISTIC SCENARIO: MODIFIED STARCH MARKET SIZE, BY FORM, 
2019–2021 (USD MILLION)	100
10.2.2	OPTIMISTIC SCENARIO	100
TABLE 47	OPTIMISTIC SCENARIO: MODIFIED STARCH MARKET SIZE, BY FORM, 
2019–2021 (USD MILLION)	100
10.2.3	PESSIMISTIC SCENARIO	100
TABLE 48	PESSIMISTIC SCENARIO: MODIFIED STARCH MARKET SIZE, BY FORM, 
2019–2021 (USD MILLION)	100
10.3	DRY	101
10.3.1	DRY FORM OF MODIFIED STARCH IS CONVENIENT TO USE	101
TABLE 49	DRY MODIFIED STARCH MARKET SIZE, BY REGION, 
2018–2027 (USD MILLION)	101
10.4	LIQUID	101
10.4.1	LIQUID FORM OF MODIFIED STARCH REQUIRES MORE CARE	101
TABLE 50	LIQUID MODIFIED STARCH MARKET SIZE, BY REGION, 
2018–2027 (USD MILLION)	102
11	MODIFIED STARCH MARKET, BY FUNCTION	103
11.1	INTRODUCTION	103
11.2	THICKENERS	103
11.3	STABILIZERS	104
11.4	BINDERS	104
11.5	EMULSIFIERS	104
11.6	OTHER FUNCTIONS	105
12	MODIFIED STARCH MARKET, BY MODIFICATION TYPE	106
12.1	INTRODUCTION	106
12.2	PHYSICAL MODIFICATION	106
TABLE 51	RESEARCH ON THE PHYSICAL MODIFICATION OF STARCH	107
12.2.1	HYDROTHERMAL	108
12.2.2	NON-HYDROTHERMAL	108
12.3	CHEMICAL MODIFICATION	108
TABLE 52	CHEMICAL MODIFICATION OF STARCH	109
12.3.1	CATIONIC STARCH	110
12.3.2	ETHERIFIED STARCH	110
TABLE 53	ETHERIFIED STARCH IN FOOD APPLICATIONS	111
12.3.3	ESTERIFIED STARCH	112
12.4	ENZYMATIC MODIFICATION	112
13	MODIFIED STARCH MARKET, BY REGION	113
13.1	INTRODUCTION	114
FIGURE 32	REGIONAL SNAPSHOT: NEW HOTSPOTS TO EMERGE IN ASIA PACIFIC, 
2022–2027	115
TABLE 54	MODIFIED STARCH MARKET SIZE, BY REGION, 2018–2027 (USD MILLION)	115
TABLE 55	MODIFIED STARCH MARKET SIZE, BY REGION, 2018–2027 (KT)	116
13.2	COVID-19 IMPACT ON THE MODIFIED STARCH MARKET, BY REGION	116
13.2.1	OPTIMISTIC SCENARIO	116
TABLE 56	OPTIMISTIC SCENARIO: MODIFIED STARCH MARKET SIZE, BY REGION, 2019–2021 (USD MILLION)	116
13.2.2	REALISTIC SCENARIO	117
TABLE 57	REALISTIC SCENARIO: MODIFIED STARCH MARKET SIZE, BY REGION, 
2019–2021 (USD MILLION)	117
13.2.3	PESSIMISTIC SCENARIO	117
TABLE 58	PESSIMISTIC SCENARIO: MODIFIED STARCH MARKET SIZE, BY REGION, 2019–2021 (USD MILLION)	117
13.3	NORTH AMERICA	117
TABLE 59	NORTH AMERICA: MODIFIED STARCH MARKET SIZE, BY COUNTRY, 
2018–2027 (USD MILLION)	118
TABLE 60	NORTH AMERICA: MODIFIED STARCH MARKET SIZE, BY COUNTRY, 
2018–2027 (KT)	118
TABLE 61	NORTH AMERICA: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 2018–2027 (USD MILLION)	118
TABLE 62	NORTH AMERICA: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 2018–2027 (KT)	119
TABLE 63	NORTH AMERICA: MODIFIED STARCH MARKET SIZE, BY APPLICATION, 
2018–2027 (USD MILLION)	119
TABLE 64	NORTH AMERICA: MODIFIED STARCH MARKET SIZE, BY FORM, 
2018–2027 (USD MILLION)	119
13.3.1	US	120
13.3.1.1	Corn is an important raw material for modified starch in the US	120
TABLE 65	US: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	120
13.3.2	CANADA	120
13.3.2.1	Canadian government agencies work to incorporate modified starch in various industrial applications	120
TABLE 66	CANADA: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	121
13.3.3	MEXICO	121
13.3.3.1	Growth of the paper & packaging industry demands modified starch	121
TABLE 67	MEXICO: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	121
13.4	EUROPE	122
TABLE 68	EUROPE: MODIFIED STARCH MARKET SIZE, BY COUNTRY, 
2018–2027 (USD MILLION)	122
TABLE 69	EUROPE: MODIFIED STARCH MARKET SIZE, BY COUNTRY, 2018–2027 (KT)	123
TABLE 70	EUROPE: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	123
TABLE 71	EUROPE: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (KT)	123
TABLE 72	EUROPE: MODIFIED STARCH MARKET SIZE, BY APPLICATION, 
2018–2027 (USD MILLION)	124
TABLE 73	EUROPE: MODIFIED STARCH MARKET SIZE, BY FORM, 
2018–2027 (USD MILLION)	124
13.4.1	GERMANY	124
13.4.1.1	Increase in consumption of convenience food drives demand in Germany	124
TABLE 74	GERMANY: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	125
13.4.2	FRANCE	125
13.4.2.1	High consumption of dairy products fuels the demand for modified starch in France	125
TABLE 75	FRANCE: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	126
13.4.3	UK	126
13.4.3.1	Growth of the feed industry contributes to the market in the UK	126
TABLE 76	UK: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	126
13.4.4	SPAIN	127
13.4.4.1	Developed food processing industry propels growth in Spain	127
TABLE 77	SPAIN: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	127
13.4.5	ITALY	127
13.4.5.1	Widespread baker & confectionery industry in Italy to drive demand	127
TABLE 78	ITALY: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	128
13.4.6	REST OF EUROPE	128
TABLE 79	REST OF EUROPE: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 2018–2027 (USD MILLION)	128
 
13.5	ASIA PACIFIC	129
TABLE 80	ASIA PACIFIC: MODIFIED STARCH MARKET SIZE, BY COUNTRY, 
2018–2027 (USD MILLION)	129
TABLE 81	ASIA PACIFIC: MODIFIED STARCH MARKET SIZE, BY COUNTRY, 
2018–2027 (KT)	130
TABLE 82	ASIA PACIFIC: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	130
TABLE 83	ASIA PACIFIC: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (KT)	130
TABLE 84	ASIA PACIFIC: MODIFIED STARCH MARKET SIZE, BY APPLICATION, 
2018–2027 (USD MILLION)	131
TABLE 85	ASIA PACIFIC: MODIFIED STARCH MARKET SIZE, BY FORM, 
2018–2027 (USD MILLION)	131
13.5.1	CHINA	131
13.5.1.1	China dominates in Asia Pacific due to significant changes in lifestyle	131
TABLE 86	CHINA: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	132
13.5.2	JAPAN	132
13.5.2.1	Rise in the processed food industry in Japan drives the modified starch market	132
TABLE 87	JAPAN: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	132
13.5.3	INDIA	133
13.5.3.1	The modified starch market is highly fragmented in India	133
TABLE 88	INDIA: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	133
13.5.4	SOUTH KOREA	133
13.5.4.1	Growth in demand for packaged food drives demand for modified starch in South Korea	133
TABLE 89	SOUTH KOREA: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	134
13.5.5	THAILAND	134
13.5.5.1	Abundance of cassava as a raw material drives the Thai market	134
TABLE 90	THAILAND: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	134
13.5.6	REST OF ASIA PACIFIC	135
TABLE 91	REST OF ASIA PACIFIC: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 2018–2027 (USD MILLION)	135
13.6	SOUTH AMERICA	135
TABLE 92	SOUTH AMERICA: MODIFIED STARCH MARKET SIZE, BY COUNTRY, 
2018–2027 (USD MILLION)	136
TABLE 93	SOUTH AMERICA: MODIFIED STARCH MARKET SIZE, BY COUNTRY, 
2018–2027 (KT)	136
TABLE 94	SOUTH AMERICA: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 2018–2027 (USD MILLION)	136
TABLE 95	SOUTH AMERICA MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 2018–2027 (KT)	137
TABLE 96	SOUTH AMERICA: MODIFIED STARCH MARKET SIZE, BY APPLICATION, 
2018–2027 (USD MILLION)	137
TABLE 97	SOUTH AMERICA: MODIFIED STARCH MARKET SIZE, BY FORM, 
2018–2027 (USD MILLION)	137
13.6.1	BRAZIL	138
13.6.1.1	High meat consumption in Brazil to drive the market	138
TABLE 98	BRAZIL: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	138
13.6.2	ARGENTINA	138
13.6.2.1	Growing feed industry to increase the demand for modified starch in Argentina	138
TABLE 99	ARGENTINA: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	139
13.6.3	REST OF SOUTH AMERICA	139
TABLE 100	REST OF SOUTH AMERICA: MODIFIED STARCH MARKET SIZE, 
BY RAW MATERIAL, 2018–2027 (USD MILLION)	139
13.7	REST OF THE WORLD (ROW)	140
TABLE 101	ROW: MODIFIED STARCH MARKET SIZE, BY REGION, 
2018–2027 (USD MILLION)	140
TABLE 102	ROW: MODIFIED STARCH MARKET SIZE, BY REGION, 2018–2027 (KT)	140
TABLE 103	ROW: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	141
TABLE 104	ROW: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 2018–2027 (KT)	141
TABLE 105	ROW: MODIFIED STARCH MARKET SIZE, BY APPLICATION, 
2018–2027 (USD MILLION)	141
TABLE 106	ROW: MODIFIED STARCH MARKET SIZE, BY FORM, 
2018–2027 (USD MILLION)	142
13.7.1	AFRICA	142
13.7.1.1	Increased demand for food processing ingredients drives market in the region	142
TABLE 107	AFRICA: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	142
13.7.2	MIDDLE EAST	143
13.7.2.1	Consumers are witnessing an increased demand for clean-label food products in the Middle East	143
TABLE 108	MIDDLE EAST: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	143
14	COMPETITIVE LANDSCAPE	144
14.1	OVERVIEW	144
14.2	KEY PLAYER STRATEGIES	144
TABLE 109	KEY PLAYER STRATEGIES	144
14.3	MARKET SHARE ANALYSIS	145
FIGURE 33	MARKET SHARE ANALYSIS, 2020	146
14.4	REVENUE ANALYSIS OF MAJOR MARKET PLAYERS	146
FIGURE 34	REVENUE ANALYSIS OF MAJOR MARKET PLAYERS, 
2018–2020 (USD BILLION)	146
14.5	COMPETITIVE SCENARIO & TRENDS	147
14.5.1	NEW PRODUCT LAUNCHES	147
TABLE 110	NEW PRODUCT LAUNCHES, 2018–2020	147
14.5.2	DEALS	148
TABLE 111	DEALS, 2018–2020	148
14.5.3	OTHERS	149
TABLE 112	OTHERS, 2018–2020	149
14.6	COMPANY EVALUATION QUADRANT	150
14.6.1	STARS	150
14.6.2	EMERGING LEADERS	150
14.6.3	PERVASIVE PLAYERS	150
14.6.4	EMERGING COMPANIES	150
14.6.5	COMPETITIVE BENCHMARKING	151
TABLE 113	LIST OF KEY STARTUPS	151
TABLE 114	MODIFIED STARCH MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS	152
14.6.6	COMPANY EVALUATION MATRIX, 2020 (OVERALL MARKET)	153
FIGURE 35	MODIFIED STARCH MARKET COMPANY EVALUATION MATRIX, 
2020 (OVERALL MARKET)	153
14.6.7	MARKET EVALUATION FRAMEWORK	154
FIGURE 36	MARKET EVALUATION FRAMEWORK, 2018–2021	154
15	COMPANY PROFILES	155
(Business overview, Products offered, Recent Developments, MNM view)*
15.1	ARCHER DANIELS MIDLAND COMPANY	155
TABLE 115	ARCHER DANIELS MIDLAND COMPANY: COMPANY AT A GLANCE	155
FIGURE 37	ARCHER DANIELS MIDLAND COMPANY: COMPANY SNAPSHOT	156
TABLE 116	ARCHER DANIELS MIDLANDS COMPANY: DEALS	157
15.2	CARGILL	159
TABLE 117	CARGILL, INCORPORATED: COMPANY AT A GLANCE	159
FIGURE 38	CARGILL: COMPANY SNAPSHOT	159
TABLE 118	CARGILL: OTHERS	161
15.3	INGREDION INCORPORATED	162
TABLE 119	INGREDION INCORPORATED: COMPANY AT A GLANCE	162
FIGURE 39	INGREDION INCORPORATED: COMPANY SNAPSHOT	163
TABLE 120	INGREDION INCORPORATED: NEW PRODUCT LAUNCHES	166
TABLE 121	INGREDION INCORPORATED: DEALS	166
15.4	TATE & LYLE	168
TABLE 122	TATE & LYLE: COMPANY AT A GLANCE	168
FIGURE 40	TATE & LYLE: COMPANY SNAPSHOT	169
TABLE 123	TATE & LYLE: NEW PRODUCT LAUNCHES	170
TABLE 124	TATE & LYLE: OTHERS	171
 
15.5	ROQUETTE FRÈRES	172
TABLE 125	ROQUETTE FRÈRES: COMPANY AT A GLANCE	172
15.6	AVEBE U.A.	174
TABLE 126	AVEBE U.A.: COMPANY AT A GLANCE	174
FIGURE 41	AVEBE U.A.: COMPANY SNAPSHOT	175
TABLE 127	AVEBE U.A.: OTHERS	176
15.7	GRAIN PROCESSING CORPORATION	177
TABLE 128	GRAIN PROCESSING CORPORATION: COMPANY AT A GLANCE	177
15.8	EMSLAND GROUP	179
TABLE 129	EMSLAND GROUP: COMPANY AT A GLANCE	179
TABLE 130	EMSLAND GROUP: NEW PRODUCTS OFFERED	180
TABLE 131	EMSLAND GROUP: DEALS	180
15.9	AGRANA	181
TABLE 132	AGRANA BETEILIGUNGS-AG: COMPANY AT A GLANCE	181
FIGURE 42	AGRANA: COMPANY SNAPSHOT	182
TABLE 133	AGRANA: OTHERS	183
15.10	SMS CORPORATION	184
TABLE 134	SMS CORPORATION: COMPANY AT A GLANCE	184
TABLE 135	SMS CORPORATION: NEW PRODUCT LAUNCHES	186
15.11	GLOBAL BIO-CHEM TECHNOLOGY GROUP COMPANY LIMITED	187
TABLE 136	GLOBAL BIO-CHEM TECHNOLOGY GROUP COMPANY LIMITED: 
COMPANY AT A GLANCE	187
FIGURE 43	GLOBAL BIO-CHEM TECHNOLOGY GROUP COMPANY LIMITED: 
COMPANY SNAPSHOT	188
15.12	SPAC STARCH PRODUCTS (INDIA) LTD.	189
TABLE 137	SPAC STARCH PRODUCTS (INDIA) LTD.: COMPANY AT A GLANCE	189
15.13	QINGDAO CBH CO., LTD.	190
TABLE 138	QINGDAO CBH CO., LTD.: COMPANY AT A GLANCE	190
15.14	TEREOS	191
TABLE 139	TEREOS: COMPANY AT A GLANCE	191
FIGURE 44	TEREOS: COMPANY SNAPSHOT	192
15.15	KMC	193
TABLE 140	KMC: COMPANY AT A GLANCE	193
15.16	BENEO	194
TABLE 141	BENEO: COMPANY AT A GLANCE	194
TABLE 142	BENEO: NEW PRODUCT LAUNCHES	195
TABLE 143	BENEO: OTHERS	195
15.17	ANGEL STARCH & FOOD PVT. LTD.	196
TABLE 144	ANGEL STARCH & FOOD PVT. LTD.: COMPANY AT A GLANCE	196
 
15.18	SHUBHAM STARCH CHEM PVT. LTD.	197
TABLE 145	SHUBHAM STARCH CHEM PVT. LTD.: COMPANY AT A GLANCE	197
15.19	EVEREST STARCH (INDIA) PVT. LTD.	198
TABLE 146	EVEREST STARCH (INDIA) PVT. LTD.: COMPANY AT A GLANCE	198
15.20	SHEEKHARR STARCH PVT. LTD.	199
TABLE 147	SHEEKHARR STARCH PVT. LTD.: COMPANY AT A GLANCE	199
15.21	SANSTAR BIO-POLYMERS LTD.	200
TABLE 148	SANSTAR BIO-POLYMERS LTD.: COMPANY AT A GLANCE	200
15.22	UNIVERSAL BIOPOLYMERS	201
TABLE 149	UNIVERSAL BIOPOLYMERS: COMPANY AT A GLANCE	201
15.23	SONISH STARCH TECHNOLOGY CO. LTD.	202
TABLE 150	SONISH STARCH TECHNOLOGY CO. LTD.: COMPANY AT A GLANCE	202
15.24	VENUS STARCH SUPPLIERS	203
TABLE 151	VENUS STARCH SUPPLIERS: COMPANY AT A GLANCE	203
15.25	GROMOTECH AGROCHEM PVT. LTD.	204
TABLE 152	GROMOTECH AGROCHEM PVT. LTD.: COMPANY AT A GLANCE	204
*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
16	ADJACENT AND RELATED MARKETS	205
16.1	INTRODUCTION	205
TABLE 153	ADJACENT MARKETS TO MODIFIED STARCH	205
16.2	LIMITATIONS	205
16.3	POTATO STARCH MARKET	206
16.3.1	MARKET DEFINITION	206
16.3.2	MARKET OVERVIEW	206
TABLE 154	POTATO STARCH MARKET SIZE, BY TYPE, 2019–2027 (USD MILLION)	206
16.4	PEA STARCH MARKET	206
16.4.1	MARKET DEFINITION	206
16.4.2	MARKET OVERVIEW	207
TABLE 155	PEA STARCH MARKET SIZE, BY GRADE, 2019–2026 (USD BILLION)	207
17	APPENDIX	208
17.1	DISCUSSION GUIDE	208
17.2	KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL	214
17.3	AVAILABLE CUSTOMIZATIONS	216
17.4	RELATED REPORTS	216
17.5	AUTHOR DETAILS	217
			       1	INTRODUCTION	20
1.1	OBJECTIVES OF THE STUDY	20
1.2	MARKET DEFINITION	20
1.3	STUDY SCOPE	21
FIGURE 1	MARKET SEGMENTATION	21
1.4	REGIONS COVERED	22
1.5	PERIODIZATION CONSIDERED	22
1.6	CURRENCY CONSIDERED	23
TABLE 1	USD EXCHANGE RATES CONSIDERED, 2019–2021	23
1.7	VOLUME UNIT CONSIDERED	23
1.8	STAKEHOLDERS	24
1.9	SUMMARY OF CHANGES	24
2	RESEARCH METHODOLOGY	26
2.1	RESEARCH DATA	26
FIGURE 2	MODIFIED STARCH MARKET: RESEARCH DESIGN	26
2.1.1	SECONDARY DATA	27
2.1.1.1	Key data from secondary sources	27
2.1.2	PRIMARY DATA	27
2.1.2.1	Key data from primary sources	28
2.1.2.2	Key industry insights	29
2.1.2.3	Breakdown of primary interviews	30
FIGURE 3	BREAKDOWN OF PRIMARY INTERVIEWS: BY VALUE CHAIN, DESIGNATION, AND REGION	30
2.2	FACTOR ANALYSIS	31
2.2.1	INTRODUCTION	31
2.2.2	DEMAND-SIDE ANALYSIS	31
FIGURE 4	KEY ECONOMIES BASED ON GDP, 2013–2018 (USD TRILLION)	31
2.2.3	SUPPLY-SIDE ANALYSIS	32
2.2.4	MARKET SIZE ESTIMATION	32
2.2.5	APPROACH ONE (BASED ON RAW MATERIAL, BY REGION)	33
2.2.6	APPROACH TWO (BASED ON THE GLOBAL MARKET)	34
2.3	DATA TRIANGULATION	35
FIGURE 5	DATA TRIANGULATION METHODOLOGY	35
2.4	ASSUMPTIONS FOR THE STUDY	36
2.5	LIMITATIONS OF THE STUDY	37
 
3	EXECUTIVE SUMMARY	38
FIGURE 6	IMPACT OF COVID-19 ON THE MODIFIED STARCH MARKET SIZE, 
BY SCENARIO, 2022 VS. 2021 (USD MILLION)	39
FIGURE 7	MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2022 VS. 2027 (USD MILLION)	40
FIGURE 8	MODIFIED STARCH MARKET SIZE, BY APPLICATION, 
2022 VS. 2027 (USD MILLION)	41
FIGURE 9	MODIFIED STARCH MARKET SIZE, BY FORM, 2022 VS. 2027 (USD MILLION)	41
FIGURE 10	MODIFIED STARCH MARKET SHARE (VALUE), BY REGION, 2022	42
4	PREMIUM INSIGHTS	43
4.1	ATTRACTIVE OPPORTUNITIES IN THE MODIFIED STARCH MARKET	43
FIGURE 11	RISE IN DEMAND FOR MODIFIED STARCH DUE TO CONSUMER DEMAND FOR CONVENIENT FOOD PACKAGING GLOBALLY	43
4.2	ASIA PACIFIC: MODIFIED STARCH MARKET, BY RAW MATERIAL & COUNTRY	44
FIGURE 12	MODIFIED CORN STARCH AND CHINA TO ACCOUNT FOR THE LARGEST RESPECTIVE MARKET SHARES IN THE ASIA PACIFIC MARKET IN 2022	44
4.3	MODIFIED STARCH MARKET, BY RAW MATERIAL	44
FIGURE 13	CORN-BASED MODIFIED STARCH TO DOMINATE THE MARKET 
DURING THE FORECAST PERIOD	44
4.4	MODIFIED STARCH MARKET, BY RAW MATERIAL & REGION	45
FIGURE 14	ASIA PACIFIC TO DOMINATE ACROSS RAW MATERIAL MARKETS 
DURING THE FORECAST PERIOD	45
4.5	MODIFIED STARCH MARKET, BY APPLICATION	46
FIGURE 15	FOOD & BEVERAGE APPLICATIONS TO DOMINATE THE MARKET 
DURING THE FORECAST PERIOD	46
4.6	MODIFIED STARCH MARKET, BY FORM	46
FIGURE 16	DRY MODIFIED STARCH TO DOMINATE THE MARKET 
DURING THE FORECAST PERIOD	46
FIGURE 17	COVID-19 IMPACT ON THE MODIFIED STARCH MARKET: COMPARISON OF PRE- AND POST-COVID-19 SCENARIOS	47
5	MARKET OVERVIEW	48
5.1	INTRODUCTION	48
5.2	MARKET DYNAMICS	49
FIGURE 18	MODIFIED STARCH MARKET DYNAMICS	49
5.2.1	DRIVERS	49
5.2.1.1	Rise in demand for convenience and processed food	49
FIGURE 19	CONSUMER PREFERENCE FOR FOOD PROCESSING	50
5.2.1.2	Functional properties of modified starch and their ease of incorporation in a wide range of food applications	51
TABLE 2	RESEARCH CONDUCTED ON THE PHYSICAL MODIFICATION OF STARCH	52
5.2.1.3	Growth in demand for adhesives in a range of industrial applications	53
5.2.2	RESTRAINTS	53
5.2.2.1	Limited sources and high cost of natural additives	53
FIGURE 20	US: CASSAVA PRICE TRENDS, 2013–2018 (USD/TONNE)	53
5.2.2.2	Higher demand for gum arabic	54
5.2.3	OPPORTUNITIES	54
5.2.3.1	Potential alternative sources of modified starch	54
5.2.3.2	Untapped applications of modified starch	55
5.2.4	CHALLENGES	55
5.2.4.1	Approval from the different regulatory bodies	55
5.2.4.2	Rise in cost of raw materials	55
5.3	COVID-19 IMPACT ON THE MODIFIED STARCH MARKET	56
6	INDUSTRY TRENDS	57
6.1	INTRODUCTION	57
6.2	IMPACT OF REVENUE SHIFT	57
FIGURE 21	YC-YCC: IMPACT OF REVENUE SHIFT ON THE MODIFIED STARCH MARKET	57
6.3	VALUE CHAIN	57
6.3.1	RESEARCH & DEVELOPMENT	58
6.3.2	SOURCING OF RAW MATERIALS	58
6.3.3	PRODUCTION AND PROCESSING	58
6.3.4	DISTRIBUTION, MARKETING, AND SALES	58
FIGURE 22	MODIFIED STARCH MARKET: VALUE CHAIN	58
6.4	TECHNOLOGY ANALYSIS	59
FIGURE 23	MODIFIED STARCH MARKET: TECHNOLOGY ANALYSIS	59
6.4.1	PHYSICAL METHODS	59
6.4.2	CHEMICAL METHODS	59
6.4.3	ENZYMATIC METHODS	59
6.5	PATENT ANALYSIS	60
TABLE 3	PATENTS PERTAINING TO MODIFIED STARCH, 2021	60
6.6	ECOSYSTEM MAP AND SUPPLY CHAIN	61
6.6.1	MODIFIED STARCH: MARKET MAP OF ECOSYSTEM	61
FIGURE 24	MODIFIED STARCH MARKET: SUPPLY CHAIN	62
FIGURE 25	ECOSYSTEM VIEW	63
6.7	PORTER’S FIVE FORCES ANALYSIS	63
TABLE 4	MODIFIED STARCH MARKET: PORTER’S FIVE FORCES ANALYSIS	64
6.7.1	BARGAINING POWER OF SUPPLIERS	64
6.7.2	BARGAINING POWER OF BUYERS	64
6.7.3	THREAT OF SUBSTITUTES	64
6.7.4	THREAT OF NEW ENTRANTS	65
6.7.5	INTENSITY OF COMPETITION RIVALRY	65
6.8	TRADE ANALYSIS	65
6.8.1	CORN STARCH	66
TABLE 5	TOP 10 EXPORTERS AND IMPORTERS OF CORN STARCH, 2019 (KT)	66
6.8.2	CASSAVA STARCH	66
TABLE 6	TOP 10 EXPORTERS AND IMPORTERS OF CASSAVA STARCH, 2019 (KT)	66
6.8.3	POTATO STARCH	67
TABLE 7	TOP 10 EXPORTERS AND IMPORTERS OF POTATO STARCH, 2019 (KT)	67
6.8.4	WHEAT STARCH	67
TABLE 8	TOP 10 EXPORTERS AND IMPORTERS OF WHEAT STARCH, 2019 (KT)	67
6.9	CASE STUDIES	68
6.9.1	ROQUETTE: BAKERY PRODUCTS WITH MODIFIED STARCH	68
6.9.2	INGREDION INCORPORATED: COMPANY USES MODIFIED POTATO STARCH TO MAINTAIN THE PULPY GOODNESS	68
6.10	KEY CONFERENCES & EVENTS	69
TABLE 9	MODIFIED STARCH MARKET: DETAILED LIST OF CONFERENCES & EVENTS, 2022–2023	69
6.11	KEY STAKEHOLDERS & BUYING CRITERIA	70
6.11.1	KEY STAKEHOLDERS IN BUYING PROCESS	70
FIGURE 26	INFLUENCE OF STAKEHOLDERS IN BUYING MODIFIED STARCH APPLICATIONS	70
TABLE 10	INFLUENCE OF STAKEHOLDERS IN BUYING FOR TOP 3 APPLICATIONS	70
6.11.2	BUYING CRITERIA	70
FIGURE 27	KEY BUYING CRITERIA FOR TOP APPLICATIONS	70
TABLE 11	KEY BUYING CRITERIA FOR MODIFIED STARCH APPLICATIONS	71
6.12	AVERAGE SELLING PRICES	71
6.12.1	AVERAGE SELLING PRICE TREND ANALYSIS	71
FIGURE 28	US: CORN PRICES, 2013–2019 (USD/BUSHELS)	71
TABLE 12	GLOBAL AVERAGE PRICES OF MODIFIED STARCH, BY RAW MATERIAL, 
2018 VS. 2019 (USD/TON)	71
FIGURE 29	PRICING TRENDS OF THE POTATO STARCH, 2017–2019 (USD/TON)	72
TABLE 13	AVERAGE PRICES OF MODIFIED STARCH, BY REGION, 
2020 VS. 2021 (USD/TON)	72
7	REGULATORY FRAMEWORK	73
7.1	INTRODUCTION	73
7.2	MODIFIED STARCH REGULATIONS IN NORTH AMERICA	73
7.2.1	US FOOD AND DRUG ADMINISTRATION	73
7.3	MODIFIED STARCH REGULATIONS IN EUROPE	76
7.4	MODIFIED STARCH REGULATIONS IN THE ASIA PACIFIC	76
8	MODIFIED STARCH MARKET, BY RAW MATERIAL	77
8.1	INTRODUCTION	78
TABLE 14	MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	78
TABLE 15	MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 2018–2027 (KT)	78
8.2	CORN	79
8.2.1	EASY PROCESSIBILITY MAKES CORN STARCH HIGHLY PREFERRED	79
TABLE 16	MODIFIED CORN STARCH MARKET SIZE, BY REGION, 
2018–2027 (USD MILLION)	79
TABLE 17	MODIFIED CORN STARCH MARKET SIZE, BY REGION, 2018–2027 (KT)	79
8.3	CASSAVA	80
8.3.1	CASSAVA MODIFIED STARCH MARKET DRIVEN BY FUNCTIONAL PROPERTIES	80
TABLE 18	MODIFIED CASSAVA STARCH MARKET SIZE, BY REGION, 
2018–2027 (USD MILLION)	80
TABLE 19	MODIFIED CASSAVA STARCH MARKET SIZE, BY REGION, 2018–2027 (KT)	81
8.4	POTATO	81
8.4.1	POTATO STARCH FINDS MAJOR APPLICATION IN THE EUROPEAN MARKET	81
TABLE 20	MODIFIED POTATO STARCH MARKET SIZE, BY REGION, 
2018–2027 (USD MILLION)	81
TABLE 21	MODIFIED POTATO STARCH MARKET SIZE, BY REGION, 2018–2027 (KT)	82
8.5	WHEAT	82
8.5.1	WHEAT MODIFIED STARCH GAINS POPULARITY OWING TO ITS THICKENING AND BLENDING PROPERTIES	82
TABLE 22	MODIFIED WHEAT STARCH MARKET SIZE, BY REGION, 
2018–2027 (USD MILLION)	82
TABLE 23	MODIFIED WHEAT STARCH MARKET SIZE, BY REGION, 2018–2027 (KT)	83
8.6	OTHER RAW MATERIALS	83
TABLE 24	OTHER RAW MATERIALS MARKET SIZE, BY REGION, 
2018–2027 (USD MILLION)	83
TABLE 25	OTHER RAW MATERIALS MARKET SIZE, BY REGION, 2018–2027 (KT)	84
9	MODIFIED STARCH MARKET, BY APPLICATION	85
9.1	INTRODUCTION	86
TABLE 26	MODIFIED STARCH MARKET SIZE, BY APPLICATION, 
2018–2027 (USD MILLION)	86
FIGURE 30	MODIFIED STARCH MARKET SIZE, BY APPLICATION, 
2022 VS. 2027 (USD MILLION)	87
9.2	COVID-19 IMPACT ON THE MODIFIED STARCH MARKET, BY APPLICATION	87
9.2.1	REALISTIC SCENARIO	88
TABLE 27	REALISTIC SCENARIO: MODIFIED STARCH MARKET SIZE, BY APPLICATION, 2019–2021 (USD MILLION)	88
9.2.2	OPTIMISTIC SCENARIO	88
TABLE 28	OPTIMISTIC SCENARIO: MODIFIED STARCH MARKET SIZE, BY APPLICATION, 2019–2021 (USD MILLION)	88
9.2.3	PESSIMISTIC SCENARIO	88
TABLE 29	PESSIMISTIC SCENARIO: MODIFIED STARCH MARKET SIZE, BY APPLICATION, 2019–2021 (USD MILLION)	88
9.3	FOOD & BEVERAGES	89
TABLE 30	MODIFIED STARCH MARKET SIZE IN FOOD & BEVERAGES, BY REGION, 2018–2027 (USD MILLION)	89
TABLE 31	MODIFIED STARCH MARKET SIZE IN FOOD & BEVERAGES, 
BY SUBAPPLICATION, 2018–2027 (USD MILLION)	89
9.3.1	BAKERY & CONFECTIONERY PRODUCTS	90
9.3.1.1	Modified starch improves the texture and quality of bakery products	90
TABLE 32	MODIFIED STARCH MARKET SIZE IN BAKERY & CONFECTIONERY PRODUCTS, BY REGION, 2018–2027 (USD MILLION)	90
9.3.2	PROCESSED FOODS	90
9.3.2.1	Modified starch functions as a stabilizer and provides freeze-thaw ability to processed foods	90
TABLE 33	MODIFIED STARCH MARKET SIZE IN PROCESSED FOODS, BY REGION, 
2018–2027 (USD MILLION)	91
9.3.3	BEVERAGES	91
9.3.3.1	Starches stabilize beverages and provide them with viscosity for desired mouthfeel	91
TABLE 34	MODIFIED STARCH MARKET SIZE IN BEVERAGES, BY REGION, 
2018–2027 (USD MILLION)	91
9.3.4	OTHER FOOD APPLICATIONS	92
TABLE 35	MODIFIED STARCH MARKET SIZE IN OTHER FOOD APPLICATIONS, 
BY REGION, 2018–2027 (USD MILLION)	92
9.4	FEED	92
TABLE 36	MODIFIED STARCH MARKET SIZE IN FEED, BY REGION, 
2018–2027 (USD MILLION)	92
TABLE 37	MODIFIED STARCH MARKET SIZE IN FEED, BY TYPE, 
2018–2027 (USD MILLION)	93
9.4.1	SWINE FEED	93
9.4.1.1	Starch improves digestibility in swine	93
9.4.2	RUMINANT FEED	93
9.4.2.1	Starch provides carbohydrates, helping ruminants gain weight	93
9.4.3	POULTRY FEED	93
9.4.3.1	Starch is an important nutrient source in poultry diets	93
9.4.4	OTHER FEED APPLICATIONS	94
9.5	INDUSTRIAL	94
TABLE 38	MODIFIED STARCH MARKET SIZE IN INDUSTRIAL APPLICATIONS, BY REGION, 2018–2027 (USD MILLION)	94
TABLE 39	MODIFIED STARCH MARKET SIZE IN INDUSTRIAL APPLICATIONS, 
BY SUBAPPLICATION, 2018–2027 (USD MILLION)	94
9.5.1	PAPERMAKING	95
9.5.1.1	Modified starch provides internal strength to paper	95
TABLE 40	MODIFIED STARCH MARKET SIZE IN PAPERMAKING, BY REGION, 
2018–2027 (USD MILLION)	95
9.5.2	WEAVING & TEXTILES	95
9.5.2.1	Starch improves the appearance of fabric	95
TABLE 41	MODIFIED STARCH MARKET SIZE IN WEAVING & TEXTILES, BY REGION, 2018–2027 (USD MILLION)	96
9.5.3	MEDICINES & PHARMACEUTICALS	96
9.5.3.1	Modified starch is important in various pharmaceutical applications	96
TABLE 42	MODIFIED STARCH MARKET SIZE IN MEDICINES & PHARMACEUTICALS, 
BY REGION, 2018–2027 (USD MILLION)	96
 
9.5.4	COSMETICS	97
9.5.4.1	Modified starch provides smoothness to cosmetics	97
TABLE 43	MODIFIED STARCH MARKET SIZE IN COSMETICS, BY REGION, 
2018–2027 (USD MILLION)	97
9.5.5	OTHER INDUSTRIAL APPLICATIONS	97
TABLE 44	MODIFIED STARCH MARKET SIZE IN OTHER INDUSTRIAL APPLICATIONS, 
BY REGION, 2018–2027 (USD MILLION)	97
10	MODIFIED STARCH MARKET, BY FORM	98
10.1	INTRODUCTION	99
TABLE 45	MODIFIED STARCH MARKET SIZE, BY FORM, 2018–2027 (USD MILLION)	99
FIGURE 31	MODIFIED STARCH MARKET SIZE, BY FORM, 2022 VS. 2027 (USD MILLION)	99
10.2	COVID-19 IMPACT ON THE MODIFIED STARCH MARKET, BY FORM	100
10.2.1	REALISTIC SCENARIO	100
TABLE 46	REALISTIC SCENARIO: MODIFIED STARCH MARKET SIZE, BY FORM, 
2019–2021 (USD MILLION)	100
10.2.2	OPTIMISTIC SCENARIO	100
TABLE 47	OPTIMISTIC SCENARIO: MODIFIED STARCH MARKET SIZE, BY FORM, 
2019–2021 (USD MILLION)	100
10.2.3	PESSIMISTIC SCENARIO	100
TABLE 48	PESSIMISTIC SCENARIO: MODIFIED STARCH MARKET SIZE, BY FORM, 
2019–2021 (USD MILLION)	100
10.3	DRY	101
10.3.1	DRY FORM OF MODIFIED STARCH IS CONVENIENT TO USE	101
TABLE 49	DRY MODIFIED STARCH MARKET SIZE, BY REGION, 
2018–2027 (USD MILLION)	101
10.4	LIQUID	101
10.4.1	LIQUID FORM OF MODIFIED STARCH REQUIRES MORE CARE	101
TABLE 50	LIQUID MODIFIED STARCH MARKET SIZE, BY REGION, 
2018–2027 (USD MILLION)	102
11	MODIFIED STARCH MARKET, BY FUNCTION	103
11.1	INTRODUCTION	103
11.2	THICKENERS	103
11.3	STABILIZERS	104
11.4	BINDERS	104
11.5	EMULSIFIERS	104
11.6	OTHER FUNCTIONS	105
12	MODIFIED STARCH MARKET, BY MODIFICATION TYPE	106
12.1	INTRODUCTION	106
12.2	PHYSICAL MODIFICATION	106
TABLE 51	RESEARCH ON THE PHYSICAL MODIFICATION OF STARCH	107
12.2.1	HYDROTHERMAL	108
12.2.2	NON-HYDROTHERMAL	108
12.3	CHEMICAL MODIFICATION	108
TABLE 52	CHEMICAL MODIFICATION OF STARCH	109
12.3.1	CATIONIC STARCH	110
12.3.2	ETHERIFIED STARCH	110
TABLE 53	ETHERIFIED STARCH IN FOOD APPLICATIONS	111
12.3.3	ESTERIFIED STARCH	112
12.4	ENZYMATIC MODIFICATION	112
13	MODIFIED STARCH MARKET, BY REGION	113
13.1	INTRODUCTION	114
FIGURE 32	REGIONAL SNAPSHOT: NEW HOTSPOTS TO EMERGE IN ASIA PACIFIC, 
2022–2027	115
TABLE 54	MODIFIED STARCH MARKET SIZE, BY REGION, 2018–2027 (USD MILLION)	115
TABLE 55	MODIFIED STARCH MARKET SIZE, BY REGION, 2018–2027 (KT)	116
13.2	COVID-19 IMPACT ON THE MODIFIED STARCH MARKET, BY REGION	116
13.2.1	OPTIMISTIC SCENARIO	116
TABLE 56	OPTIMISTIC SCENARIO: MODIFIED STARCH MARKET SIZE, BY REGION, 2019–2021 (USD MILLION)	116
13.2.2	REALISTIC SCENARIO	117
TABLE 57	REALISTIC SCENARIO: MODIFIED STARCH MARKET SIZE, BY REGION, 
2019–2021 (USD MILLION)	117
13.2.3	PESSIMISTIC SCENARIO	117
TABLE 58	PESSIMISTIC SCENARIO: MODIFIED STARCH MARKET SIZE, BY REGION, 2019–2021 (USD MILLION)	117
13.3	NORTH AMERICA	117
TABLE 59	NORTH AMERICA: MODIFIED STARCH MARKET SIZE, BY COUNTRY, 
2018–2027 (USD MILLION)	118
TABLE 60	NORTH AMERICA: MODIFIED STARCH MARKET SIZE, BY COUNTRY, 
2018–2027 (KT)	118
TABLE 61	NORTH AMERICA: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 2018–2027 (USD MILLION)	118
TABLE 62	NORTH AMERICA: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 2018–2027 (KT)	119
TABLE 63	NORTH AMERICA: MODIFIED STARCH MARKET SIZE, BY APPLICATION, 
2018–2027 (USD MILLION)	119
TABLE 64	NORTH AMERICA: MODIFIED STARCH MARKET SIZE, BY FORM, 
2018–2027 (USD MILLION)	119
13.3.1	US	120
13.3.1.1	Corn is an important raw material for modified starch in the US	120
TABLE 65	US: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	120
13.3.2	CANADA	120
13.3.2.1	Canadian government agencies work to incorporate modified starch in various industrial applications	120
TABLE 66	CANADA: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	121
13.3.3	MEXICO	121
13.3.3.1	Growth of the paper & packaging industry demands modified starch	121
TABLE 67	MEXICO: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	121
13.4	EUROPE	122
TABLE 68	EUROPE: MODIFIED STARCH MARKET SIZE, BY COUNTRY, 
2018–2027 (USD MILLION)	122
TABLE 69	EUROPE: MODIFIED STARCH MARKET SIZE, BY COUNTRY, 2018–2027 (KT)	123
TABLE 70	EUROPE: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	123
TABLE 71	EUROPE: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (KT)	123
TABLE 72	EUROPE: MODIFIED STARCH MARKET SIZE, BY APPLICATION, 
2018–2027 (USD MILLION)	124
TABLE 73	EUROPE: MODIFIED STARCH MARKET SIZE, BY FORM, 
2018–2027 (USD MILLION)	124
13.4.1	GERMANY	124
13.4.1.1	Increase in consumption of convenience food drives demand in Germany	124
TABLE 74	GERMANY: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	125
13.4.2	FRANCE	125
13.4.2.1	High consumption of dairy products fuels the demand for modified starch in France	125
TABLE 75	FRANCE: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	126
13.4.3	UK	126
13.4.3.1	Growth of the feed industry contributes to the market in the UK	126
TABLE 76	UK: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	126
13.4.4	SPAIN	127
13.4.4.1	Developed food processing industry propels growth in Spain	127
TABLE 77	SPAIN: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	127
13.4.5	ITALY	127
13.4.5.1	Widespread baker & confectionery industry in Italy to drive demand	127
TABLE 78	ITALY: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	128
13.4.6	REST OF EUROPE	128
TABLE 79	REST OF EUROPE: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 2018–2027 (USD MILLION)	128
 
13.5	ASIA PACIFIC	129
TABLE 80	ASIA PACIFIC: MODIFIED STARCH MARKET SIZE, BY COUNTRY, 
2018–2027 (USD MILLION)	129
TABLE 81	ASIA PACIFIC: MODIFIED STARCH MARKET SIZE, BY COUNTRY, 
2018–2027 (KT)	130
TABLE 82	ASIA PACIFIC: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	130
TABLE 83	ASIA PACIFIC: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (KT)	130
TABLE 84	ASIA PACIFIC: MODIFIED STARCH MARKET SIZE, BY APPLICATION, 
2018–2027 (USD MILLION)	131
TABLE 85	ASIA PACIFIC: MODIFIED STARCH MARKET SIZE, BY FORM, 
2018–2027 (USD MILLION)	131
13.5.1	CHINA	131
13.5.1.1	China dominates in Asia Pacific due to significant changes in lifestyle	131
TABLE 86	CHINA: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	132
13.5.2	JAPAN	132
13.5.2.1	Rise in the processed food industry in Japan drives the modified starch market	132
TABLE 87	JAPAN: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	132
13.5.3	INDIA	133
13.5.3.1	The modified starch market is highly fragmented in India	133
TABLE 88	INDIA: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	133
13.5.4	SOUTH KOREA	133
13.5.4.1	Growth in demand for packaged food drives demand for modified starch in South Korea	133
TABLE 89	SOUTH KOREA: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	134
13.5.5	THAILAND	134
13.5.5.1	Abundance of cassava as a raw material drives the Thai market	134
TABLE 90	THAILAND: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	134
13.5.6	REST OF ASIA PACIFIC	135
TABLE 91	REST OF ASIA PACIFIC: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 2018–2027 (USD MILLION)	135
13.6	SOUTH AMERICA	135
TABLE 92	SOUTH AMERICA: MODIFIED STARCH MARKET SIZE, BY COUNTRY, 
2018–2027 (USD MILLION)	136
TABLE 93	SOUTH AMERICA: MODIFIED STARCH MARKET SIZE, BY COUNTRY, 
2018–2027 (KT)	136
TABLE 94	SOUTH AMERICA: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 2018–2027 (USD MILLION)	136
TABLE 95	SOUTH AMERICA MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 2018–2027 (KT)	137
TABLE 96	SOUTH AMERICA: MODIFIED STARCH MARKET SIZE, BY APPLICATION, 
2018–2027 (USD MILLION)	137
TABLE 97	SOUTH AMERICA: MODIFIED STARCH MARKET SIZE, BY FORM, 
2018–2027 (USD MILLION)	137
13.6.1	BRAZIL	138
13.6.1.1	High meat consumption in Brazil to drive the market	138
TABLE 98	BRAZIL: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	138
13.6.2	ARGENTINA	138
13.6.2.1	Growing feed industry to increase the demand for modified starch in Argentina	138
TABLE 99	ARGENTINA: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	139
13.6.3	REST OF SOUTH AMERICA	139
TABLE 100	REST OF SOUTH AMERICA: MODIFIED STARCH MARKET SIZE, 
BY RAW MATERIAL, 2018–2027 (USD MILLION)	139
13.7	REST OF THE WORLD (ROW)	140
TABLE 101	ROW: MODIFIED STARCH MARKET SIZE, BY REGION, 
2018–2027 (USD MILLION)	140
TABLE 102	ROW: MODIFIED STARCH MARKET SIZE, BY REGION, 2018–2027 (KT)	140
TABLE 103	ROW: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	141
TABLE 104	ROW: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 2018–2027 (KT)	141
TABLE 105	ROW: MODIFIED STARCH MARKET SIZE, BY APPLICATION, 
2018–2027 (USD MILLION)	141
TABLE 106	ROW: MODIFIED STARCH MARKET SIZE, BY FORM, 
2018–2027 (USD MILLION)	142
13.7.1	AFRICA	142
13.7.1.1	Increased demand for food processing ingredients drives market in the region	142
TABLE 107	AFRICA: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	142
13.7.2	MIDDLE EAST	143
13.7.2.1	Consumers are witnessing an increased demand for clean-label food products in the Middle East	143
TABLE 108	MIDDLE EAST: MODIFIED STARCH MARKET SIZE, BY RAW MATERIAL, 
2018–2027 (USD MILLION)	143
14	COMPETITIVE LANDSCAPE	144
14.1	OVERVIEW	144
14.2	KEY PLAYER STRATEGIES	144
TABLE 109	KEY PLAYER STRATEGIES	144
14.3	MARKET SHARE ANALYSIS	145
FIGURE 33	MARKET SHARE ANALYSIS, 2020	146
14.4	REVENUE ANALYSIS OF MAJOR MARKET PLAYERS	146
FIGURE 34	REVENUE ANALYSIS OF MAJOR MARKET PLAYERS, 
2018–2020 (USD BILLION)	146
14.5	COMPETITIVE SCENARIO & TRENDS	147
14.5.1	NEW PRODUCT LAUNCHES	147
TABLE 110	NEW PRODUCT LAUNCHES, 2018–2020	147
14.5.2	DEALS	148
TABLE 111	DEALS, 2018–2020	148
14.5.3	OTHERS	149
TABLE 112	OTHERS, 2018–2020	149
14.6	COMPANY EVALUATION QUADRANT	150
14.6.1	STARS	150
14.6.2	EMERGING LEADERS	150
14.6.3	PERVASIVE PLAYERS	150
14.6.4	EMERGING COMPANIES	150
14.6.5	COMPETITIVE BENCHMARKING	151
TABLE 113	LIST OF KEY STARTUPS	151
TABLE 114	MODIFIED STARCH MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS	152
14.6.6	COMPANY EVALUATION MATRIX, 2020 (OVERALL MARKET)	153
FIGURE 35	MODIFIED STARCH MARKET COMPANY EVALUATION MATRIX, 
2020 (OVERALL MARKET)	153
14.6.7	MARKET EVALUATION FRAMEWORK	154
FIGURE 36	MARKET EVALUATION FRAMEWORK, 2018–2021	154
15	COMPANY PROFILES	155
(Business overview, Products offered, Recent Developments, MNM view)*
15.1	ARCHER DANIELS MIDLAND COMPANY	155
TABLE 115	ARCHER DANIELS MIDLAND COMPANY: COMPANY AT A GLANCE	155
FIGURE 37	ARCHER DANIELS MIDLAND COMPANY: COMPANY SNAPSHOT	156
TABLE 116	ARCHER DANIELS MIDLANDS COMPANY: DEALS	157
15.2	CARGILL	159
TABLE 117	CARGILL, INCORPORATED: COMPANY AT A GLANCE	159
FIGURE 38	CARGILL: COMPANY SNAPSHOT	159
TABLE 118	CARGILL: OTHERS	161
15.3	INGREDION INCORPORATED	162
TABLE 119	INGREDION INCORPORATED: COMPANY AT A GLANCE	162
FIGURE 39	INGREDION INCORPORATED: COMPANY SNAPSHOT	163
TABLE 120	INGREDION INCORPORATED: NEW PRODUCT LAUNCHES	166
TABLE 121	INGREDION INCORPORATED: DEALS	166
15.4	TATE & LYLE	168
TABLE 122	TATE & LYLE: COMPANY AT A GLANCE	168
FIGURE 40	TATE & LYLE: COMPANY SNAPSHOT	169
TABLE 123	TATE & LYLE: NEW PRODUCT LAUNCHES	170
TABLE 124	TATE & LYLE: OTHERS	171
 
15.5	ROQUETTE FRÈRES	172
TABLE 125	ROQUETTE FRÈRES: COMPANY AT A GLANCE	172
15.6	AVEBE U.A.	174
TABLE 126	AVEBE U.A.: COMPANY AT A GLANCE	174
FIGURE 41	AVEBE U.A.: COMPANY SNAPSHOT	175
TABLE 127	AVEBE U.A.: OTHERS	176
15.7	GRAIN PROCESSING CORPORATION	177
TABLE 128	GRAIN PROCESSING CORPORATION: COMPANY AT A GLANCE	177
15.8	EMSLAND GROUP	179
TABLE 129	EMSLAND GROUP: COMPANY AT A GLANCE	179
TABLE 130	EMSLAND GROUP: NEW PRODUCTS OFFERED	180
TABLE 131	EMSLAND GROUP: DEALS	180
15.9	AGRANA	181
TABLE 132	AGRANA BETEILIGUNGS-AG: COMPANY AT A GLANCE	181
FIGURE 42	AGRANA: COMPANY SNAPSHOT	182
TABLE 133	AGRANA: OTHERS	183
15.10	SMS CORPORATION	184
TABLE 134	SMS CORPORATION: COMPANY AT A GLANCE	184
TABLE 135	SMS CORPORATION: NEW PRODUCT LAUNCHES	186
15.11	GLOBAL BIO-CHEM TECHNOLOGY GROUP COMPANY LIMITED	187
TABLE 136	GLOBAL BIO-CHEM TECHNOLOGY GROUP COMPANY LIMITED: 
COMPANY AT A GLANCE	187
FIGURE 43	GLOBAL BIO-CHEM TECHNOLOGY GROUP COMPANY LIMITED: 
COMPANY SNAPSHOT	188
15.12	SPAC STARCH PRODUCTS (INDIA) LTD.	189
TABLE 137	SPAC STARCH PRODUCTS (INDIA) LTD.: COMPANY AT A GLANCE	189
15.13	QINGDAO CBH CO., LTD.	190
TABLE 138	QINGDAO CBH CO., LTD.: COMPANY AT A GLANCE	190
15.14	TEREOS	191
TABLE 139	TEREOS: COMPANY AT A GLANCE	191
FIGURE 44	TEREOS: COMPANY SNAPSHOT	192
15.15	KMC	193
TABLE 140	KMC: COMPANY AT A GLANCE	193
15.16	BENEO	194
TABLE 141	BENEO: COMPANY AT A GLANCE	194
TABLE 142	BENEO: NEW PRODUCT LAUNCHES	195
TABLE 143	BENEO: OTHERS	195
15.17	ANGEL STARCH & FOOD PVT. LTD.	196
TABLE 144	ANGEL STARCH & FOOD PVT. LTD.: COMPANY AT A GLANCE	196
 
15.18	SHUBHAM STARCH CHEM PVT. LTD.	197
TABLE 145	SHUBHAM STARCH CHEM PVT. LTD.: COMPANY AT A GLANCE	197
15.19	EVEREST STARCH (INDIA) PVT. LTD.	198
TABLE 146	EVEREST STARCH (INDIA) PVT. LTD.: COMPANY AT A GLANCE	198
15.20	SHEEKHARR STARCH PVT. LTD.	199
TABLE 147	SHEEKHARR STARCH PVT. LTD.: COMPANY AT A GLANCE	199
15.21	SANSTAR BIO-POLYMERS LTD.	200
TABLE 148	SANSTAR BIO-POLYMERS LTD.: COMPANY AT A GLANCE	200
15.22	UNIVERSAL BIOPOLYMERS	201
TABLE 149	UNIVERSAL BIOPOLYMERS: COMPANY AT A GLANCE	201
15.23	SONISH STARCH TECHNOLOGY CO. LTD.	202
TABLE 150	SONISH STARCH TECHNOLOGY CO. LTD.: COMPANY AT A GLANCE	202
15.24	VENUS STARCH SUPPLIERS	203
TABLE 151	VENUS STARCH SUPPLIERS: COMPANY AT A GLANCE	203
15.25	GROMOTECH AGROCHEM PVT. LTD.	204
TABLE 152	GROMOTECH AGROCHEM PVT. LTD.: COMPANY AT A GLANCE	204
*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
16	ADJACENT AND RELATED MARKETS	205
16.1	INTRODUCTION	205
TABLE 153	ADJACENT MARKETS TO MODIFIED STARCH	205
16.2	LIMITATIONS	205
16.3	POTATO STARCH MARKET	206
16.3.1	MARKET DEFINITION	206
16.3.2	MARKET OVERVIEW	206
TABLE 154	POTATO STARCH MARKET SIZE, BY TYPE, 2019–2027 (USD MILLION)	206
16.4	PEA STARCH MARKET	206
16.4.1	MARKET DEFINITION	206
16.4.2	MARKET OVERVIEW	207
TABLE 155	PEA STARCH MARKET SIZE, BY GRADE, 2019–2026 (USD BILLION)	207
17	APPENDIX	208
17.1	DISCUSSION GUIDE	208
17.2	KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL	214
17.3	AVAILABLE CUSTOMIZATIONS	216
17.4	RELATED REPORTS	216
17.5	AUTHOR DETAILS	217
			        MarketsandMarkets
			  
               
                 
    
        
            
          
              
               
                        
                        
          
               Publisher:             MarketsandMarkets
              # of Pages:           424
              Rating: 
              
1 User License $4,950
               Publication Date:  April, 2022 
              Price:       $4,950  / User License
             
        Buy Now
           
            RPT50605
            LIC503
             1 User $4,950
            
            
            
               
			   
			  
			  
		 
			       1	INTRODUCTION	54
1.1	OBJECTIVES OF THE STUDY	54
1.2	MARKET DEFINITION	54
1.3	MARKET SEGMENTATION	55
FIGURE 1	FRUIT & VEGETABLE PROCESSING MARKET SEGMENTATION	55
1.3.1	INCLUSIONS AND EXCLUSIONS	55
1.3.2	REGIONS COVERED	56
1.4	YEARS CONSIDERED	57
1.5	CURRENCY CONSIDERED	57
TABLE 1	USD EXCHANGE RATES CONSIDERED, 2017–2021	58
1.6	VOLUME UNIT CONSIDERED	58
1.7	STAKEHOLDERS	58
1.8	SUMMARY OF CHANGES	59
2	RESEARCH METHODOLOGY	60
2.1	RESEARCH DATA	60
FIGURE 2	FRUIT & VEGETABLE PROCESSING MARKET: RESEARCH METHODOLOGY	60
2.1.1	SECONDARY DATA	61
2.1.1.1	Key data from secondary sources	61
2.1.2	PRIMARY DATA	61
2.1.2.1	Breakdown of primary interviews	62
FIGURE 3	BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION	62
2.2	DATA TRIANGULATION	63
2.3	MARKET SIZE ESTIMATION	64
FIGURE 4	FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH	65
FIGURE 5	FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH	66
FIGURE 6	PROCESSED FRUITS & VEGETABLES MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH	67
FIGURE 7	PROCESSED FRUITS & VEGETABLES MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH	68
2.4	RESEARCH ASSUMPTIONS & LIMITATIONS	69
2.4.1	ASSUMPTIONS	69
2.4.2	LIMITATIONS	70
2.5	MARKET SCENARIOS CONSIDERED FOR THE IMPACT OF COVID-19	70
2.6	SCENARIO-BASED MODELLING	71
2.7	COVID-19 HEALTH ASSESSMENT	71
FIGURE 8	COVID-19: GLOBAL PROPAGATION	71
FIGURE 9	COVID-19 PROPAGATION: SELECT COUNTRIES	72
2.8	COVID-19 ECONOMIC ASSESSMENT	73
FIGURE 10	REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020	73
2.8.1	COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT	74
FIGURE 11	CRITERIA IMPACTING THE GLOBAL ECONOMY	74
FIGURE 12	SCENARIOS IN TERMS OF RECOVERY OF THE GLOBAL ECONOMY	75
3	EXECUTIVE SUMMARY	77
FIGURE 13	PROCESSED VEGETABLES SEGMENT TO DOMINATE THE MARKET (USD MILLION)	78
FIGURE 14	PROCESSED FRUITS & VEGETABLES MARKET, BY PRODUCT TYPE, 2017 VS. 2022 (USD MILLION)	79
FIGURE 15	PROCESSED FRUITS & VEGETABLES MARKET SHARE (VALUE): GEOGRAPHICAL OVERVIEW, 2021	80
FIGURE 16	FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY OPERATION TYPE, 2022 VS. 2027 (USD MILLION)	81
4	PREMIUM INSIGHTS	82
4.1	ATTRACTIVE GROWTH OPPORTUNITIES IN THE FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET	82
FIGURE 17	EMERGING ECONOMIES OFFER OPPORTUNITIES FOR MARKET GROWTH	82
4.2	NORTH AMERICA: FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET, BY EQUIPMENT TYPE & COUNTRY	83
FIGURE 18	FILLERS FORMED THE EQUIPMENT TYPE AND NORTH AMERICA WAS THE LARGEST FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET	83
4.3	FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET, BY OPERATION TYPE	83
FIGURE 19	AUTOMATIC EQUIPMENT TO DOMINATE THE MARKET DURING THE FORECAST PERIOD (USD MILLION)	83
4.4	PROCESSED FRUITS & VEGETABLES MARKET, BY PRODUCT TYPE & REGION	84
FIGURE 20	NORTH AMERICA TO LEAD THE PROCESSED FRUITS & VEGETABLES MARKET SHARE (VALUE)	84
4.5	FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET, BY EQUIPMENT TYPE	85
FIGURE 21	FILLERS TO DOMINATE DURING THE FORECAST PERIOD (USD MILLION)	85
4.6	FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET, BY REGION	86
FIGURE 22	THE US ACCOUNTED FOR THE LARGEST SHARE (VALUE) OF THE GLOBAL FRUIT & VEGETABLE PROCESSING EQUIPMENT IN 2021	86
5	MARKET OVERVIEW	87
5.1	FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET	87
5.1.1	INTRODUCTION	87
5.1.2	MARKET DYNAMICS	88
FIGURE 23	MARKET DYNAMICS: FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET	88
5.1.2.1	Drivers	88
5.1.2.1.1	Increase in fruit & vegetable processing and QSRs in the Indian foodservice industry	88
FIGURE 24	EXPENDITURE FOR FOOD AT HOME AND AWAY FROM HOME, 2011–2020 (USD BILLION)	89
5.1.2.1.2	Rise in demand for health and innovations leads to the advancement of fruit & vegetable processing machinery	89
5.1.2.1.3	Rise in focus on production and operational efficiency demand new technologies for fruit & vegetable processing	90
5.1.2.1.4	Demand for hygienic food packaging is on rise	90
5.1.2.1.5	Automation and robotics in processing equipment	91
5.1.2.2	Restraints	91
5.1.2.2.1	Increase in cost of production due to rise in energy, labor and maintenance costs	91
5.1.2.2.2	Stringent government regulations in Europe	92
5.1.2.3	Opportunities	92
5.1.2.3.1	Government initiatives and investments to expand the processed food sector in developing regions	92
5.1.2.3.2	Post-sales service contracts	93
5.1.2.4	Challenges	93
5.1.2.4.1	Lack of Infrastructural support in developing countries	93
5.2	PROCESSED FRUITS & VEGETABLES MARKET	93
5.2.1	INTRODUCTION	93
5.2.2	MARKET DYNAMICS	94
FIGURE 25	MARKET DYNAMICS: PROCESSED FRUITS AND VEGETABLES MARKET	94
5.2.2.1	Drivers	94
5.2.2.1.1	Growth in demand for exotic fruits and vegetables due to a boom in the hospitality industry	94
FIGURE 26	IMPORT VALUE OF FRUITS AND VEGETABLES IN KEY COUNTRIES, 2020 (USD THOUSAND)	95
5.2.2.1.2	Growth in demand for convenience food products	95
FIGURE 27	SALES OF CONVENIENCE FOODS, 2020 (CHANGE IN SALES)	96
5.2.2.1.3	Increased presence of modern retail outlets	97
5.2.2.1.4	Higher prevalence of chronic diseases	97
FIGURE 28	LEADING GLOBAL CAUSES OF DEATH	97
5.2.2.2	Restraints	98
5.2.2.2.1	Incidences of food recall	98
TABLE 2	FOOD RECALL INCIDENCES FOR PROCESSED FRUITS & VEGETABLES, 2022	98
5.2.2.2.2	Complex supply chain and high inventory carrying cost	98
5.2.2.3	Opportunities	99
5.2.2.3.1	Growth in demand for vegan food products	99
5.2.2.3.2	International trade of crops impacting food safety standards	99
FIGURE 29	KEY GLOBAL IMPORTER SHARE (VALUE), BY PRODUCE TYPE, 2020	100
5.2.2.3.3	Development of emerging economies	100
FIGURE 30	ASIA: GDP GROWTH RATE, BY KEY COUNTRY, 2020–2021	101
5.2.2.4	Challenges	101
5.2.2.4.1	Physiological deterioration and infections	101
5.2.2.4.2	Volatility in market prices of fresh produce	101
5.3	IMPACT OF COVID-19 ON MARKET DYNAMICS	102
5.3.1	COVID-19 NEGATIVELY IMPACTED SUPPLY CHAIN DYNAMICS OF THE FRUIT & VEGETABLE PROCESSING MARKET	102
6	INDUSTRY TRENDS	103
6.1	FRUIT AND VEGETABLE EQUIPMENT MARKET	103
6.1.1	INTRODUCTION	103
6.1.2	VALUE CHAIN ANALYSIS	103
FIGURE 31	FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET: VALUE CHAIN ANALYSIS	103
6.1.2.1	Raw material providers/suppliers	104
6.1.2.2	Component manufacturers	104
6.1.2.3	Fruit & vegetable processing equipment manufacturers/assemblers	104
6.1.2.4	Distributors (buyers)/end users and post-sales services	104
6.1.3	SUPPLY CHAIN	104
FIGURE 32	ENSURING PROPER HANDLING OF MACHINERY IS AN IMPORTANT ASPECT OF THE SUPPLY CHAIN	105
6.1.4	TECHNOLOGY ANALYSIS	105
6.1.5	PATENT ANALYSIS	107
FIGURE 33	FRUIT & VEGETABLE PROCESSING EQUIPMENT PATENTS, BY REGION, 2011–2021	107
TABLE 3	LIST OF IMPORTANT PATENTS FOR FRUIT & VEGETABLE PROCESSING EQUIPMENT, 2021	107
6.1.6	MARKET MAP	109
FIGURE 34	FRUIT & VEGETABLE PROCESSING MARKET: MARKET MAP	109
TABLE 4	FRUIT & VEGETABLE PROCESSING MARKET: ECOSYSTEM	109
6.1.7	PORTER’S FIVE FORCES ANALYSIS	110
TABLE 5	FRUIT & VEGETABLE PROCESSING QUIPMENT MARKET: PORTER’S FIVE FORCES ANALYSIS	110
6.1.7.1	Threat of new entrants	110
6.1.7.2	Threat of substitutes	110
6.1.7.3	Bargaining power of suppliers	111
6.1.7.4	Bargaining power of buyers	111
6.1.7.5	Intensity of competitive rivalry	111
6.1.8	KEY EXPORT-IMPORT MARKETS	112
FIGURE 35	IMPORT VALUE OF MACHINERY USED IN FRUIT & VEGETABLE PROCESSING, 2016–2020 (USD THOUSAND)	112
FIGURE 36	EXPORT VALUE OF MACHINERY USED IN FRUIT & VEGETABLE PROCESSING, 2016–2020 (USD THOUSAND)	112
6.1.9	KEY CONFERENCES & EVENTS	113
TABLE 6	FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET: DETAILED LIST OF CONFERENCES & EVENTS, 2022–2023	113
6.1.10	TARIFF & REGULATORY LANDSCAPE	114
6.1.10.1	Regulatory bodies, government agencies, and other organizations	114
TABLE 7	US: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	114
TABLE 8	LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS: EUROPE	115
TABLE 9	LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS: ASIA PACIFIC	116
TABLE 10	LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS: ROW	116
6.1.11	REVENUE SHIFT AND NEW REVENUE POCKETS FOR FRUIT & VEGETABLE PROCESSING EQUIPMENT MANUFACTURERS	117
FIGURE 37	REVENUE SHIFT FOR FRUIT & VEGETABLE PROCESSING EQUIPMENT	117
6.1.12	KEY STAKEHOLDERS & BUYING CRITERIA	118
6.1.12.1	Key stakeholders in buying process	118
TABLE 11	INFLUENCE OF STAKEHOLDERS ON THE BUYING PROCESS FOR THE TOP 3 TYPES	118
6.1.12.2	Buying criteria	118
FIGURE 38	KEY BUYING CRITERIA FOR TOP 3 PRODUCT TYPES	118
TABLE 12	KEY BUYING CRITERIA FOR TOP 3 PRODUCT TYPES	119
6.1.13	CASE STUDY ANALYSIS	119
6.1.13.1	Optimal maintenance costs and higher juice production reliability	119
TABLE 13	GROWING DEMAND FOR QUALITY WITHIN THE PRODUCTION LINE OF AN AFRICAN PRODUCER OF JUICES, NECTAR, AND STILL DRINKS	119
6.1.13.2	High-quality produce reaches grocery store shelves	120
TABLE 14	TO AVOID LOSSES DUE TO FALSE INSPECTION, MATROX IMAGING LIBRARY FOUND A SOLUTION USING AUTOMATIC MACHINERY	120
6.1.13.3	Compact potato flakes production line	120
TABLE 15	KIRON FOOD PROCESSING TECHNOLOGIES CATERED TO A GROWING DEMAND FOR POTATO FLAKES BECAUSE OF WIDE APPLICATION IN THE FOOD INDUSTRY	120
6.2	PROCESSED FRUITS & VEGETABLES MARKET	121
6.2.1	INTRODUCTION	121
6.2.2	VALUE CHAIN ANALYSIS	121
FIGURE 39	PROCESSED FRUITS & VEGETABLES MARKET: VALUE CHAIN ANALYSIS	122
6.2.3	MARKET ECOSYSTEM & SUPPLY CHAIN	122
FIGURE 40	PROCESSED FRUIT AND VEGETABLES: SUPPLY CHAIN ANALYSIS	123
6.2.3.1	Research & development	123
6.2.3.2	Inputs	123
6.2.3.3	Production	123
6.2.3.4	Logistics & distribution	124
6.2.3.5	Marketing & sales	124
6.2.3.6	End-user industry	124
TABLE 16	PROCESSED FRUIT & VEGETABLE MARKET: SUPPLY CHAIN (ECOSYSTEM)	124
FIGURE 41	PROCESSED FRUIT & VEGETABLE PRODUCTS: MARKET MAP	125
6.2.4	PRICING ANALYSIS: PROCESSED FRUITS & VEGETABLES MARKET	125
TABLE 17	PRICING RANGE OF PROCESSED FRUITS & VEGETABLES, 2017–2022 (USD/KG)	125
FIGURE 42	PRICING TREND OF PROCESSED FRUIT & VEGETABLES, 2017–2022 (USD/KG)	126
6.2.5	TECHNOLOGY ANALYSIS	126
6.2.6	PATENT ANALYSIS	128
FIGURE 43	PATENTS GRANTED FOR PROCESSED FRUIT & VEGETABLES MARKET, 2011–2021	128
FIGURE 44	REGIONAL ANALYSIS OF PATENT GRANTED FOR PROCESSED FRUITS & VEGETABLES, 2011–2021	129
TABLE 18	LIST OF IMPORTANT PATENTS FOR PROCESSED FRUITS & VEGETABLES, 2021	129
6.2.7	MARKET MAP	130
FIGURE 45	PROCESSED FRUIT & VEGETABLE MARKET: MARKET MAP	130
TABLE 19	PROCESSED FRUIT & VEGETABLE MARKET: ECOSYSTEM	131
6.2.8	PORTER’S FIVE FORCES ANALYSIS	131
TABLE 20	PROCESSED FRUITS & VEGETABLES MARKET: PORTER’S FIVE FORCES ANALYSIS	131
6.2.8.1	Threat of new entrants	132
6.2.8.2	Threat of substitutes	132
6.2.8.3	Bargaining power of suppliers	132
6.2.8.4	Bargaining power of buyers	133
6.2.8.5	Intensity of competitive rivalry	133
6.2.9	KEY EXPORT-IMPORT MARKETS	133
FIGURE 46	VEGETABLE IMPORT VALUE, BY KEY COUNTRY, 2O16–2020 (USD THOUSAND)	133
FIGURE 47	VEGETABLE EXPORT VALUE, BY KEY COUNTRY, 2O16–2020 (USD THOUSAND)	134
FIGURE 48	FRUIT IMPORT VALUE, BY KEY COUNTRY, 2O16–2020 (USD THOUSAND)	134
FIGURE 49	FRUIT EXPORT VALUE, BY KEY COUNTRY, 2O16–2020 (USD THOUSAND)	134
6.2.10	TARIFF AND REGULATORY LANDSCAPE	135
6.2.10.1	Regulatory bodies, government agencies, and other organizations	135
TABLE 21	NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	135
TABLE 22	EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	136
TABLE 23	ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	137
TABLE 24	ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	138
6.2.11	REVENUE SHIFT AND NEW REVENUE POCKETS FOR PROCESSED FRUIT & VEGETABLE MANUFACTURERS	139
FIGURE 50	REVENUE SHIFT FOR PROCESSED FRUIT & VEGETABLE MANUFACTURERS	139
6.2.12	CASE STUDY ANALYSIS	140
TABLE 25	PROCESSED FRUIT & VEGETABLE MARKET: CASE STUDY ANALYSIS	140
7	FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET, 
BY EQUIPMENT TYPE	141
7.1	INTRODUCTION	142
TABLE 26	KEY OPERATIONS CONDUCTED IN PROCESSING PLANTS	142
FIGURE 51	FILLERS ARE PROJECTED TO DOMINATE THE PROCESSING EQUIPMENT MARKET THROUGH 2027 (USD MILLION)	144
TABLE 27	FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY EQUIPMENT TYPE, 2017–2021 (USD MILLION)	145
TABLE 28	FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY EQUIPMENT TYPE, 2022–2027 (USD MILLION)	145
7.2	COVID-19 IMPACT ON THE FRUIT & VEGETABLE PROCESSING MARKET, BY TYPE	146
TABLE 29	OPTIMISTIC SCENARIO: FRUIT & VEGETABLE EQUIPMENT PROCESSING MARKET SIZE, BY EQUIPMENT TYPE, 2018–2021 (USD MILLION)	146
TABLE 30	REALISTIC SCENARIO: FRUIT & VEGETABLE EQUIPMENT PROCESSING MARKET SIZE, BY EQUIPMENT TYPE, 2018–2021 (USD MILLION)	147
TABLE 31	PESSIMISTIC SCENARIO: FRUIT & VEGETABLE EQUIPMENT PROCESSING MARKET SIZE, BY EQUIPMENT TYPE, 2018–2021 (USD MILLION)	147
7.3	PRE-PROCESSING EQUIPMENT	148
7.3.1	INCREASE IN USAGE OF SORTING AND GRADING EQUIPMENT TO MAINTAIN QUALITY STANDARDS AND SAVE TIME	148
TABLE 32	FRUIT & VEGETABLE PRE-PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	148
TABLE 33	FRUIT & VEGETABLE PRE-PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	149
TABLE 34	NORTH AMERICA: FRUIT & VEGETABLE PRE-PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	149
TABLE 35	NORTH AMERICA: FRUIT & VEGETABLE PRE-PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	149
TABLE 36	EUROPE: FRUIT & VEGETABLE PRE-PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	150
TABLE 37	EUROPE: FRUIT & VEGETABLE PRE-PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	150
TABLE 38	ASIA PACIFIC: FRUIT & VEGETABLE PRE-PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY/REGION, 2017–2021 (USD MILLION)	151
TABLE 39	ASIA PACIFIC: FRUIT & VEGETABLE PRE-PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY/REGION, 2022–2027 (USD MILLION)	151
TABLE 40	SOUTH AMERICA: FRUIT & VEGETABLE PRE-PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	151
TABLE 41	SOUTH AMERICA: FRUIT & VEGETABLE PRE-PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	152
TABLE 42	ROW: FRUIT & VEGETABLE PRE-PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	152
TABLE 43	ROW: FRUIT & VEGETABLE PRE-PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	152
7.4	PEELING/INSPECTION/SLICING	153
7.4.1	YIELD OPTIMIZATION AND WASTE ELIMINATION FOR PROFIT MAXIMIZATION TO DRIVE SEGMENT GROWTH	153
TABLE 44	FRUIT & VEGETABLE PEELING/INSPECTION/SLICING EQUIPMENT MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	153
TABLE 45	FRUIT & VEGETABLE PEELING/INSPECTION/SLICING EQUIPMENT MARKET SIZE, BY TYPE, 2022–2027 (USD MILLION)	154
TABLE 46	NORTH AMERICA: FRUIT & VEGETABLE PEELING/INSPECTION/SLICING EQUIPMENT MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	154
TABLE 47	NORTH AMERICA: FRUIT & VEGETABLE PEELING/INSPECTION/SLICING EQUIPMENT MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	154
TABLE 48	EUROPE: FRUIT & VEGETABLE PEELING/INSPECTION/SLICING EQUIPMENT MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	155
TABLE 49	EUROPE: FRUIT & VEGETABLE PEELING/INSPECTION/SLICING EQUIPMENT MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	155
TABLE 50	ASIA PACIFIC: FRUIT & VEGETABLE PEELING/INSPECTION/SLICING EQUIPMENT MARKET SIZE, BY COUNTRY/REGION, 2017–2021 (USD MILLION)	156
TABLE 51	ASIA PACIFIC: FRUIT & VEGETABLE PEELING/INSPECTION/SLICING EQUIPMENT MARKET SIZE, BY COUNTRY/REGION, 2022–2027 (USD MILLION)	156
TABLE 52	SOUTH AMERICA: FRUIT & VEGETABLE PEELING/INSPECTION/SLICING EQUIPMENT MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	156
TABLE 53	SOUTH AMERICA: FRUIT & VEGETABLE PEELING/INSPECTION/SLICING EQUIPMENT MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	157
TABLE 54	ROW: FRUIT & VEGETABLE PEELING/INSPECTION/SLICING EQUIPMENT MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	157
TABLE 55	ROW: FRUIT & VEGETABLE PEELING/INSPECTION/SLICING EQUIPMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	157
7.5	WASHING & DEWATERING	158
7.5.1	RISING FOOD SAFETY CONCERNS INCREASE IMPORTANCE OF WASHERS	158
TABLE 56	FRUIT & VEGETABLE WASHING & DEWATERING EQUIPMENT MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	158
TABLE 57	FRUIT & VEGETABLE WASHING & DEWATERING EQUIPMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	159
TABLE 58	NORTH AMERICA: FRUIT & VEGETABLE WASHING & DEWATERING EQUIPMENT MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	159
TABLE 59	NORTH AMERICA: FRUIT & VEGETABLE WASHING & DEWATERING EQUIPMENT MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	159
TABLE 60	EUROPE: FRUIT & VEGETABLE WASHING & DEWATERING EQUIPMENT MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	160
TABLE 61	EUROPE: FRUIT & VEGETABLE WASHING & DEWATERING EQUIPMENT MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	160
TABLE 62	ASIA PACIFIC: FRUIT & VEGETABLE WASHING & DEWATERING EQUIPMENT MARKET SIZE, BY COUNTRY/REGION, 2017–2021 (USD MILLION)	161
TABLE 63	ASIA PACIFIC: FRUIT & VEGETABLE WASHING & DEWATERING EQUIPMENT MARKET SIZE, BY COUNTRY/REGION, 2022–2027 (USD MILLION)	161
TABLE 64	SOUTH AMERICA: FRUIT & VEGETABLE WASHING & DEWATERING EQUIPMENT MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	161
TABLE 65	SOUTH AMERICA: FRUIT & VEGETABLE WASHING & DEWATERING EQUIPMENT MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	162
TABLE 66	ROW: FRUIT & VEGETABLE WASHING & DEWATERING EQUIPMENT MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	162
TABLE 67	ROW: FRUIT & VEGETABLE WASHING & DEWATERING EQUIPMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	162
7.6	FILLERS	163
7.6.1	RISE IN PROCESSED FOOD CONSUMPTION TO DRIVE SEGMENT GROWTH	163
TABLE 68	TYPES OF FILLING EQUIPMENT	163
TABLE 69	FRUIT & VEGETABLE FILLERS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	164
TABLE 70	FRUIT & VEGETABLE FILLERS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	164
TABLE 71	NORTH AMERICA: FRUIT & VEGETABLE FILLERS MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	164
TABLE 72	NORTH AMERICA: FRUIT & VEGETABLE FILLERS MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	165
TABLE 73	EUROPE: FRUIT & VEGETABLE FILLERS MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	165
TABLE 74	EUROPE: FRUIT & VEGETABLE FILLERS MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	166
TABLE 75	ASIA PACIFIC: FRUIT & VEGETABLE FILLERS MARKET SIZE, BY COUNTRY/REGION, 2017–2021 (USD MILLION)	166
TABLE 76	ASIA PACIFIC: FRUIT & VEGETABLE FILLERS MARKET SIZE, BY COUNTRY/REGION, 2022–2027 (USD MILLION)	167
TABLE 77	SOUTH AMERICA: FRUIT & VEGETABLE FILLERS MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	167
TABLE 78	SOUTH AMERICA: FRUIT & VEGETABLE FILLERS MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	167
TABLE 79	ROW: FRUIT & VEGETABLE FILLERS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	168
TABLE 80	ROW: FRUIT & VEGETABLE FILLERS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	168
7.7	SEASONING SYSTEMS	168
7.7.1	INNOVATIONS IN SEASONING FOR MULTIPLE PRODUCT OPTIONS TO ALSO IMPROVE SHELF LIFE OF FRESH PRODUCE	168
TABLE 81	FRUIT & VEGETABLE SEASONING SYSTEMS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	169
TABLE 82	FRUIT & VEGETABLE SEASONING SYSTEMS MARKET SIZE, BY TYPE, 2022–2027 (USD MILLION)	169
TABLE 83	NORTH AMERICA: FRUIT & VEGETABLE SEASONING SYSTEMS MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	169
TABLE 84	NORTH AMERICA: FRUIT & VEGETABLE SEASONING SYSTEMS MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	170
TABLE 85	EUROPE: FRUIT & VEGETABLE SEASONING SYSTEMS MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	170
TABLE 86	EUROPE: FRUIT & VEGETABLE SEASONING SYSTEMS MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	170
TABLE 87	ASIA PACIFIC: FRUIT & VEGETABLE SEASONING SYSTEMS MARKET SIZE, BY COUNTRY/REGION, 2017–2021 (USD MILLION)	171
TABLE 88	ASIA PACIFIC: FRUIT & VEGETABLE SEASONING SYSTEMS MARKET SIZE, BY COUNTRY/REGION, 2022–2027 (USD MILLION)	171
TABLE 89	SOUTH AMERICA: FRUIT & VEGETABLE SEASONING SYSTEMS MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	171
TABLE 90	SOUTH AMERICA: FRUIT & VEGETABLE SEASONING SYSTEMS MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	172
TABLE 91	ROW: FRUIT & VEGETABLE SEASONING SYSTEMS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	172
TABLE 92	ROW: FRUIT & VEGETABLE SEASONING SYSTEMS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	172
7.8	PACKAGING & HANDLING	173
7.8.1	STEEP GROWTH IN URBANIZATION AND INCREASING QSRS TO DRIVE SEGMENT GROWTH	173
TABLE 93	FRUIT & VEGETABLE PACKAGING & HANDLING EQUIPMENT MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	173
TABLE 94	FRUIT & VEGETABLE PACKAGING & HANDLING EQUIPMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	174
TABLE 95	NORTH AMERICA: FRUIT & VEGETABLE PACKAGING & HANDLING EQUIPMENT MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	174
TABLE 96	NORTH AMERICA: FRUIT & VEGETABLE PACKAGING & HANDLING EQUIPMENT MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	174
TABLE 97	EUROPE: FRUIT & VEGETABLE PACKAGING & HANDLING EQUIPMENT MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	175
TABLE 98	EUROPE: FRUIT & VEGETABLE PACKAGING & HANDLING EQUIPMENT MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	175
TABLE 99	ASIA PACIFIC: FRUIT & VEGETABLE PACKAGING & HANDLING EQUIPMENT MARKET SIZE, BY COUNTRY/REGION, 2017–2021 (USD MILLION)	176
TABLE 100	ASIA PACIFIC: FRUIT & VEGETABLE PACKAGING & HANDLING EQUIPMENT MARKET SIZE, BY COUNTRY/REGION, 2022–2027 (USD MILLION)	176
TABLE 101	SOUTH AMERICA: FRUIT & VEGETABLE PACKAGING & HANDLING EQUIPMENT MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	176
TABLE 102	SOUTH AMERICA: FRUIT & VEGETABLE PACKAGING & HANDLING EQUIPMENT MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	177
TABLE 103	ROW: FRUIT & VEGETABLE PACKAGING & HANDLING EQUIPMENT MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	177
TABLE 104	ROW: FRUIT & VEGETABLE PACKAGING & HANDLING EQUIPMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	177
7.9	OTHER EQUIPMENT	178
TABLE 105	OTHER FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	178
TABLE 106	OTHER FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	179
TABLE 107	NORTH AMERICA: OTHER FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	179
TABLE 108	NORTH AMERICA: OTHER FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	179
TABLE 109	EUROPE: OTHER FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	180
TABLE 110	EUROPE: OTHER FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	180
TABLE 111	ASIA PACIFIC: OTHER FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY/REGION, 2017–2021 (USD MILLION)	181
TABLE 112	ASIA PACIFIC: OTHER FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY/REGION, 2022–2027 (USD MILLION)	181
TABLE 113	SOUTH AMERICA: OTHER FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	181
TABLE 114	SOUTH AMERICA: OTHER FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	182
TABLE 115	ROW: OTHER FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	182
TABLE 116	ROW: OTHER FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	182
8	FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET, BY OPERATION TYPE	183
8.1	INTRODUCTION	184
FIGURE 52	AUTOMATIC EQUIPMENT IS PROJECTED TO GROW AT A HIGHER CAGR BETWEEN 2022 & 2027 (USD MILLION)	184
TABLE 117	FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY OPERATION TYPE, 2017–2021 (USD MILLION)	185
TABLE 118	FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY OPERATION TYPE, 2022–2027 (USD MILLION)	185
8.2	COVID-19 IMPACT ON THE FRUIT & VEGETABLE PROCESSING MARKET, BY OPERATION TYPE	185
TABLE 119	OPTIMISTIC SCENARIO: FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY OPERATION TYPE, 2018–2021 (USD MILLION)	185
TABLE 120	REALISTIC SCENARIO: FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY OPERATION TYPE, 2018–2021 (USD MILLION)	185
TABLE 121	PESSIMISTIC SCENARIO: FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY OPERATION TYPE, 2018–2021 (USD MILLION)	186
8.3	AUTOMATIC	186
8.3.1	ACCURACY, TIME-SAVING, AND EFFICIENCY TO DRIVE AUTOMATION	186
TABLE 122	AUTOMATIC FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY EQUIPMENT TYPE, 2017–2021 (USD MILLION)	187
TABLE 123	AUTOMATIC FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY EQUIPMENT TYPE, 2022–2027 (USD MILLION)	187
TABLE 124	AUTOMATIC FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	188
TABLE 125	AUTOMATIC FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	188
8.4	SEMI-AUTOMATIC	188
8.4.1	LOWER INSTALLATION AND MAINTENANCE COSTS FUEL THE MARKET IN DEVELOPING COUNTRIES	188
TABLE 126	SEMI-AUTOMATIC FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY EQUIPMENT TYPE, 2017–2021 (USD MILLION)	189
TABLE 127	SEMI-AUTOMATIC FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY EQUIPMENT TYPE, 2022–2027 (USD MILLION)	189
TABLE 128	SEMI-AUTOMATIC FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	190
TABLE 129	SEMI-AUTOMATIC FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	190
9	PROCESSED FRUITS & VEGETABLES MARKET, BY TYPE	191
9.1	INTRODUCTION	192
FIGURE 53	PROCESSED VEGETABLES ARE PROJECTED TO DOMINATE THE MARKET THROUGH 2027 (USD MILLION)	193
TABLE 130	PROCESSED FRUITS & VEGETABLES MARKET SIZE, BY TYPE, 2017–2021 (USD MILLION)	193
TABLE 131	PROCESSED FRUITS & VEGETABLES MARKET SIZE, BY TYPE, 2022–2027 (USD MILLION)	193
TABLE 132	PROCESSED FRUITS MARKET SIZE, BY SUBTYPE, 2017–2021 (USD MILLION)	194
TABLE 133	PROCESSED FRUITS MARKET SIZE, BY SUBTYPE, 2022–2027 (USD MILLION)	194
TABLE 134	PROCESSED FRUITS & VEGETABLES MARKET SIZE, BY TYPE, 2017–2021 (MT)	194
TABLE 135	PROCESSED FRUITS & VEGETABLES MARKET SIZE, BY TYPE, 2022–2027 (MT)	195
9.2	COVID-19 IMPACT ON THE PROCESSED FRUITS & VEGETABLES MARKET, BY TYPE	195
TABLE 136	OPTIMISTIC SCENARIO: PROCESSED FRUITS & VEGETABLES MARKET SIZE, BY TYPE, 2018–2022 (USD MILLION)	195
TABLE 137	REALISTIC SCENARIO: PROCESSED FRUITS & VEGETABLES MARKET SIZE, BY TYPE, 2018–2022 (USD MILLION)	195
TABLE 138	PESSIMISTIC SCENARIO: PROCESSED FRUITS & VEGETABLES MARKET SIZE, BY TYPE, 2018–2022 (USD MILLION)	196
9.3	FRUITS	196
9.3.1	HEALTH BENEFITS AND COMPETITIVE PRICES OF PROCESSED PRODUCTS TO BE KEY MARKET INFLUENCERS	196
TABLE 139	PROCESSED FRUITS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	197
TABLE 140	PROCESSED FRUITS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	197
TABLE 141	PROCESSED FRUITS MARKET SIZE, BY REGION, 2017–2021 (MT)	197
TABLE 142	PROCESSED FRUITS MARKET SIZE, BY REGION, 2022–2027 (MT)	198
9.3.2	BERRIES	198
9.3.2.1	Versatility of use ranging from salads to convenience food keeps berries in demand	198
TABLE 143	PROCESSED BERRIES MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	198
TABLE 144	PROCESSED BERRIES MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	199
9.3.3	PITS	199
9.3.3.1	Increase in parental preference for pits as healthy snacking option for kids	199
TABLE 145	PROCESSED PITS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	199
TABLE 146	PROCESSED PITS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	200
9.3.4	CORE FRUITS	200
9.3.4.1	Asia Pacific to drive demand for core fruits in the future	200
TABLE 147	PROCESSED CORE FRUITS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	200
TABLE 148	PROCESSED CORE FRUITS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	201
9.3.5	CITRUS	201
9.3.5.1	Increased demand for vitamin C-rich fruits due to COVID-19	201
TABLE 149	PROCESSED CITRUS FRUITS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	202
TABLE 150	PROCESSED CITRUS FRUITS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	202
9.3.6	MELONS	202
9.3.6.1	Year-round availability and added health benefits to drive segment	202
TABLE 151	PROCESSED MELONS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	203
TABLE 152	PROCESSED MELONS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	203
9.3.7	TROPICAL FRUITS	203
9.3.7.1	Immunity-building fruits in demand after COVID-19 outbreak	203
TABLE 153	PROCESSED TROPICAL FRUITS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	204
TABLE 154	PROCESSED TROPICAL FRUITS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	204
9.4	VEGETABLES	205
9.4.1	HEALTH CONSCIOUSNESS & GROWING VEGAN POPULATION DRIVE VEGETABLE DEMAND	205
TABLE 155	PROCESSED VEGETABLES MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	205
TABLE 156	PROCESSED VEGETABLES MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	206
TABLE 157	PROCESSED VEGETABLES MARKET SIZE, BY REGION, 2017–2021 (MT)	206
TABLE 158	PROCESSED VEGETABLES MARKET SIZE, BY REGION, 2022–2027 (MT)	206
9.5	OTHER TYPES	207
TABLE 159	OTHER PROCESSED FRUIT & VEGETABLE TYPES MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	207
TABLE 160	OTHER PROCESSED FRUIT & VEGETABLE TYPES MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	207
TABLE 161	OTHER PROCESSED FRUIT & VEGETABLE TYPES MARKET SIZE, BY REGION, 2017–2021 (MT)	208
TABLE 162	OTHER PROCESSED FRUIT & VEGETABLE TYPES MARKET SIZE, BY REGION, 2022–2027 (MT)	208
10	PROCESSED FRUITS & VEGETABLES MARKET, BY PRODUCT TYPE	209
10.1	INTRODUCTION	210
FIGURE 54	FRESH FRUITS & VEGETABLES TO DOMINATE THE PROCESSED MARKET THROUGH 2027 (USD MILLION)	210
TABLE 163	PROCESSED FRUITS & VEGETABLES MARKET SIZE, BY PRODUCT TYPE, 2017–2021 (USD MILLION)	211
TABLE 164	PROCESSED FRUITS & VEGETABLES MARKET SIZE, BY PRODUCT TYPE, 2022–2027 (USD MILLION)	211
TABLE 165	PROCESSED FRUITS & VEGETABLES MARKET SIZE, BY PRODUCT TYPE, 2017–2021 (MT)	211
TABLE 166	PROCESSED FRUITS & VEGETABLES MARKET SIZE, BY PRODUCT TYPE, 2022–2027 (MT)	212
10.2	COVID-19 IMPACT ON THE PROCESSED FRUITS & VEGETABLES MARKET, BY PRODUCT TYPE	212
TABLE 167	OPTIMISTIC SCENARIO: PROCESSED FRUITS & VEGETABLES MARKET SIZE, BY PRODUCT TYPE, 2018–2022 (USD MILLION)	212
TABLE 168	REALISTIC SCENARIO: PROCESSED FRUITS & VEGETABLES MARKET SIZE, BY PRODUCT TYPE, 2018–2022 (USD MILLION)	213
TABLE 169	PESSIMISTIC SCENARIO: PROCESSED FRUITS & VEGETABLES MARKET SIZE, BY PRODUCT TYPE, 2018–2022 (USD MILLION)	213
10.3	FRESH	213
10.3.1	INCREASED CONSUMPTION OF FRESH PRODUCE DUE TO DIETARY CHANGES INDUCED BY COVID-19	213
TABLE 170	FRESH FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	214
TABLE 171	FRESH FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	214
TABLE 172	FRESH FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2017–2021 (MT)	214
TABLE 173	FRESH FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2022–2027 (MT)	215
10.4	FRESH-CUT	215
10.4.1	SINGLE-SERVE FRESH-CUT PRODUCE TO BE PREFERRED MORE	215
TABLE 174	FRESH-CUT FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	216
TABLE 175	FRESH-CUT FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	216
TABLE 176	FRESH-CUT FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2017–2021 (MT)	216
TABLE 177	FRESH-CUT FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2022–2027 (MT)	217
10.5	CANNED	217
10.5.1	CANNED FRUITS DIPPED IN NATURAL JUICE INSTEAD OF SUGAR SYRUP TO GAIN CONSUMER PREFERENCE	217
TABLE 178	CANNED FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	218
TABLE 179	CANNED FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	218
TABLE 180	CANNED FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2017–2021 (MT)	218
TABLE 181	CANNED FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2022–2027 (MT)	219
10.6	FROZEN	219
10.6.1	ALL-SEASON AVAILABILITY AND LACK OF PRESERVATIVE USE TO INCREASE DEMAND FOR FROZEN FOODS	219
TABLE 182	FROZEN FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	220
TABLE 183	FROZEN FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	220
TABLE 184	FROZEN FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2017–2021 (MT)	220
TABLE 185	FROZEN FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2022–2027 (MT)	221
10.7	DRIED & DEHYDRATED	221
10.7.1	NEED FOR BETTER SHELF-LIFE WILL INCREASE DEMAND IN DEVELOPING COUNTRIES	221
TABLE 186	DRIED & DEHYDRATED FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	222
TABLE 187	DRIED & DEHYDRATED FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	222
TABLE 188	DRIED & DEHYDRATED FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2017–2021 (MT)	222
TABLE 189	DRIED & DEHYDRATED FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2022–2027 (MT)	223
			       1	INTRODUCTION	54
1.1	OBJECTIVES OF THE STUDY	54
1.2	MARKET DEFINITION	54
1.3	MARKET SEGMENTATION	55
FIGURE 1	FRUIT & VEGETABLE PROCESSING MARKET SEGMENTATION	55
1.3.1	INCLUSIONS AND EXCLUSIONS	55
1.3.2	REGIONS COVERED	56
1.4	YEARS CONSIDERED	57
1.5	CURRENCY CONSIDERED	57
TABLE 1	USD EXCHANGE RATES CONSIDERED, 2017–2021	58
1.6	VOLUME UNIT CONSIDERED	58
1.7	STAKEHOLDERS	58
1.8	SUMMARY OF CHANGES	59
2	RESEARCH METHODOLOGY	60
2.1	RESEARCH DATA	60
FIGURE 2	FRUIT & VEGETABLE PROCESSING MARKET: RESEARCH METHODOLOGY	60
2.1.1	SECONDARY DATA	61
2.1.1.1	Key data from secondary sources	61
2.1.2	PRIMARY DATA	61
2.1.2.1	Breakdown of primary interviews	62
FIGURE 3	BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION	62
2.2	DATA TRIANGULATION	63
2.3	MARKET SIZE ESTIMATION	64
FIGURE 4	FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH	65
FIGURE 5	FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH	66
FIGURE 6	PROCESSED FRUITS & VEGETABLES MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH	67
FIGURE 7	PROCESSED FRUITS & VEGETABLES MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH	68
2.4	RESEARCH ASSUMPTIONS & LIMITATIONS	69
2.4.1	ASSUMPTIONS	69
2.4.2	LIMITATIONS	70
2.5	MARKET SCENARIOS CONSIDERED FOR THE IMPACT OF COVID-19	70
2.6	SCENARIO-BASED MODELLING	71
2.7	COVID-19 HEALTH ASSESSMENT	71
FIGURE 8	COVID-19: GLOBAL PROPAGATION	71
FIGURE 9	COVID-19 PROPAGATION: SELECT COUNTRIES	72
2.8	COVID-19 ECONOMIC ASSESSMENT	73
FIGURE 10	REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020	73
2.8.1	COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT	74
FIGURE 11	CRITERIA IMPACTING THE GLOBAL ECONOMY	74
FIGURE 12	SCENARIOS IN TERMS OF RECOVERY OF THE GLOBAL ECONOMY	75
3	EXECUTIVE SUMMARY	77
FIGURE 13	PROCESSED VEGETABLES SEGMENT TO DOMINATE THE MARKET (USD MILLION)	78
FIGURE 14	PROCESSED FRUITS & VEGETABLES MARKET, BY PRODUCT TYPE, 2017 VS. 2022 (USD MILLION)	79
FIGURE 15	PROCESSED FRUITS & VEGETABLES MARKET SHARE (VALUE): GEOGRAPHICAL OVERVIEW, 2021	80
FIGURE 16	FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY OPERATION TYPE, 2022 VS. 2027 (USD MILLION)	81
4	PREMIUM INSIGHTS	82
4.1	ATTRACTIVE GROWTH OPPORTUNITIES IN THE FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET	82
FIGURE 17	EMERGING ECONOMIES OFFER OPPORTUNITIES FOR MARKET GROWTH	82
4.2	NORTH AMERICA: FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET, BY EQUIPMENT TYPE & COUNTRY	83
FIGURE 18	FILLERS FORMED THE EQUIPMENT TYPE AND NORTH AMERICA WAS THE LARGEST FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET	83
4.3	FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET, BY OPERATION TYPE	83
FIGURE 19	AUTOMATIC EQUIPMENT TO DOMINATE THE MARKET DURING THE FORECAST PERIOD (USD MILLION)	83
4.4	PROCESSED FRUITS & VEGETABLES MARKET, BY PRODUCT TYPE & REGION	84
FIGURE 20	NORTH AMERICA TO LEAD THE PROCESSED FRUITS & VEGETABLES MARKET SHARE (VALUE)	84
4.5	FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET, BY EQUIPMENT TYPE	85
FIGURE 21	FILLERS TO DOMINATE DURING THE FORECAST PERIOD (USD MILLION)	85
4.6	FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET, BY REGION	86
FIGURE 22	THE US ACCOUNTED FOR THE LARGEST SHARE (VALUE) OF THE GLOBAL FRUIT & VEGETABLE PROCESSING EQUIPMENT IN 2021	86
5	MARKET OVERVIEW	87
5.1	FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET	87
5.1.1	INTRODUCTION	87
5.1.2	MARKET DYNAMICS	88
FIGURE 23	MARKET DYNAMICS: FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET	88
5.1.2.1	Drivers	88
5.1.2.1.1	Increase in fruit & vegetable processing and QSRs in the Indian foodservice industry	88
FIGURE 24	EXPENDITURE FOR FOOD AT HOME AND AWAY FROM HOME, 2011–2020 (USD BILLION)	89
5.1.2.1.2	Rise in demand for health and innovations leads to the advancement of fruit & vegetable processing machinery	89
5.1.2.1.3	Rise in focus on production and operational efficiency demand new technologies for fruit & vegetable processing	90
5.1.2.1.4	Demand for hygienic food packaging is on rise	90
5.1.2.1.5	Automation and robotics in processing equipment	91
5.1.2.2	Restraints	91
5.1.2.2.1	Increase in cost of production due to rise in energy, labor and maintenance costs	91
5.1.2.2.2	Stringent government regulations in Europe	92
5.1.2.3	Opportunities	92
5.1.2.3.1	Government initiatives and investments to expand the processed food sector in developing regions	92
5.1.2.3.2	Post-sales service contracts	93
5.1.2.4	Challenges	93
5.1.2.4.1	Lack of Infrastructural support in developing countries	93
5.2	PROCESSED FRUITS & VEGETABLES MARKET	93
5.2.1	INTRODUCTION	93
5.2.2	MARKET DYNAMICS	94
FIGURE 25	MARKET DYNAMICS: PROCESSED FRUITS AND VEGETABLES MARKET	94
5.2.2.1	Drivers	94
5.2.2.1.1	Growth in demand for exotic fruits and vegetables due to a boom in the hospitality industry	94
FIGURE 26	IMPORT VALUE OF FRUITS AND VEGETABLES IN KEY COUNTRIES, 2020 (USD THOUSAND)	95
5.2.2.1.2	Growth in demand for convenience food products	95
FIGURE 27	SALES OF CONVENIENCE FOODS, 2020 (CHANGE IN SALES)	96
5.2.2.1.3	Increased presence of modern retail outlets	97
5.2.2.1.4	Higher prevalence of chronic diseases	97
FIGURE 28	LEADING GLOBAL CAUSES OF DEATH	97
5.2.2.2	Restraints	98
5.2.2.2.1	Incidences of food recall	98
TABLE 2	FOOD RECALL INCIDENCES FOR PROCESSED FRUITS & VEGETABLES, 2022	98
5.2.2.2.2	Complex supply chain and high inventory carrying cost	98
5.2.2.3	Opportunities	99
5.2.2.3.1	Growth in demand for vegan food products	99
5.2.2.3.2	International trade of crops impacting food safety standards	99
FIGURE 29	KEY GLOBAL IMPORTER SHARE (VALUE), BY PRODUCE TYPE, 2020	100
5.2.2.3.3	Development of emerging economies	100
FIGURE 30	ASIA: GDP GROWTH RATE, BY KEY COUNTRY, 2020–2021	101
5.2.2.4	Challenges	101
5.2.2.4.1	Physiological deterioration and infections	101
5.2.2.4.2	Volatility in market prices of fresh produce	101
5.3	IMPACT OF COVID-19 ON MARKET DYNAMICS	102
5.3.1	COVID-19 NEGATIVELY IMPACTED SUPPLY CHAIN DYNAMICS OF THE FRUIT & VEGETABLE PROCESSING MARKET	102
6	INDUSTRY TRENDS	103
6.1	FRUIT AND VEGETABLE EQUIPMENT MARKET	103
6.1.1	INTRODUCTION	103
6.1.2	VALUE CHAIN ANALYSIS	103
FIGURE 31	FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET: VALUE CHAIN ANALYSIS	103
6.1.2.1	Raw material providers/suppliers	104
6.1.2.2	Component manufacturers	104
6.1.2.3	Fruit & vegetable processing equipment manufacturers/assemblers	104
6.1.2.4	Distributors (buyers)/end users and post-sales services	104
6.1.3	SUPPLY CHAIN	104
FIGURE 32	ENSURING PROPER HANDLING OF MACHINERY IS AN IMPORTANT ASPECT OF THE SUPPLY CHAIN	105
6.1.4	TECHNOLOGY ANALYSIS	105
6.1.5	PATENT ANALYSIS	107
FIGURE 33	FRUIT & VEGETABLE PROCESSING EQUIPMENT PATENTS, BY REGION, 2011–2021	107
TABLE 3	LIST OF IMPORTANT PATENTS FOR FRUIT & VEGETABLE PROCESSING EQUIPMENT, 2021	107
6.1.6	MARKET MAP	109
FIGURE 34	FRUIT & VEGETABLE PROCESSING MARKET: MARKET MAP	109
TABLE 4	FRUIT & VEGETABLE PROCESSING MARKET: ECOSYSTEM	109
6.1.7	PORTER’S FIVE FORCES ANALYSIS	110
TABLE 5	FRUIT & VEGETABLE PROCESSING QUIPMENT MARKET: PORTER’S FIVE FORCES ANALYSIS	110
6.1.7.1	Threat of new entrants	110
6.1.7.2	Threat of substitutes	110
6.1.7.3	Bargaining power of suppliers	111
6.1.7.4	Bargaining power of buyers	111
6.1.7.5	Intensity of competitive rivalry	111
6.1.8	KEY EXPORT-IMPORT MARKETS	112
FIGURE 35	IMPORT VALUE OF MACHINERY USED IN FRUIT & VEGETABLE PROCESSING, 2016–2020 (USD THOUSAND)	112
FIGURE 36	EXPORT VALUE OF MACHINERY USED IN FRUIT & VEGETABLE PROCESSING, 2016–2020 (USD THOUSAND)	112
6.1.9	KEY CONFERENCES & EVENTS	113
TABLE 6	FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET: DETAILED LIST OF CONFERENCES & EVENTS, 2022–2023	113
6.1.10	TARIFF & REGULATORY LANDSCAPE	114
6.1.10.1	Regulatory bodies, government agencies, and other organizations	114
TABLE 7	US: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	114
TABLE 8	LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS: EUROPE	115
TABLE 9	LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS: ASIA PACIFIC	116
TABLE 10	LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS: ROW	116
6.1.11	REVENUE SHIFT AND NEW REVENUE POCKETS FOR FRUIT & VEGETABLE PROCESSING EQUIPMENT MANUFACTURERS	117
FIGURE 37	REVENUE SHIFT FOR FRUIT & VEGETABLE PROCESSING EQUIPMENT	117
6.1.12	KEY STAKEHOLDERS & BUYING CRITERIA	118
6.1.12.1	Key stakeholders in buying process	118
TABLE 11	INFLUENCE OF STAKEHOLDERS ON THE BUYING PROCESS FOR THE TOP 3 TYPES	118
6.1.12.2	Buying criteria	118
FIGURE 38	KEY BUYING CRITERIA FOR TOP 3 PRODUCT TYPES	118
TABLE 12	KEY BUYING CRITERIA FOR TOP 3 PRODUCT TYPES	119
6.1.13	CASE STUDY ANALYSIS	119
6.1.13.1	Optimal maintenance costs and higher juice production reliability	119
TABLE 13	GROWING DEMAND FOR QUALITY WITHIN THE PRODUCTION LINE OF AN AFRICAN PRODUCER OF JUICES, NECTAR, AND STILL DRINKS	119
6.1.13.2	High-quality produce reaches grocery store shelves	120
TABLE 14	TO AVOID LOSSES DUE TO FALSE INSPECTION, MATROX IMAGING LIBRARY FOUND A SOLUTION USING AUTOMATIC MACHINERY	120
6.1.13.3	Compact potato flakes production line	120
TABLE 15	KIRON FOOD PROCESSING TECHNOLOGIES CATERED TO A GROWING DEMAND FOR POTATO FLAKES BECAUSE OF WIDE APPLICATION IN THE FOOD INDUSTRY	120
6.2	PROCESSED FRUITS & VEGETABLES MARKET	121
6.2.1	INTRODUCTION	121
6.2.2	VALUE CHAIN ANALYSIS	121
FIGURE 39	PROCESSED FRUITS & VEGETABLES MARKET: VALUE CHAIN ANALYSIS	122
6.2.3	MARKET ECOSYSTEM & SUPPLY CHAIN	122
FIGURE 40	PROCESSED FRUIT AND VEGETABLES: SUPPLY CHAIN ANALYSIS	123
6.2.3.1	Research & development	123
6.2.3.2	Inputs	123
6.2.3.3	Production	123
6.2.3.4	Logistics & distribution	124
6.2.3.5	Marketing & sales	124
6.2.3.6	End-user industry	124
TABLE 16	PROCESSED FRUIT & VEGETABLE MARKET: SUPPLY CHAIN (ECOSYSTEM)	124
FIGURE 41	PROCESSED FRUIT & VEGETABLE PRODUCTS: MARKET MAP	125
6.2.4	PRICING ANALYSIS: PROCESSED FRUITS & VEGETABLES MARKET	125
TABLE 17	PRICING RANGE OF PROCESSED FRUITS & VEGETABLES, 2017–2022 (USD/KG)	125
FIGURE 42	PRICING TREND OF PROCESSED FRUIT & VEGETABLES, 2017–2022 (USD/KG)	126
6.2.5	TECHNOLOGY ANALYSIS	126
6.2.6	PATENT ANALYSIS	128
FIGURE 43	PATENTS GRANTED FOR PROCESSED FRUIT & VEGETABLES MARKET, 2011–2021	128
FIGURE 44	REGIONAL ANALYSIS OF PATENT GRANTED FOR PROCESSED FRUITS & VEGETABLES, 2011–2021	129
TABLE 18	LIST OF IMPORTANT PATENTS FOR PROCESSED FRUITS & VEGETABLES, 2021	129
6.2.7	MARKET MAP	130
FIGURE 45	PROCESSED FRUIT & VEGETABLE MARKET: MARKET MAP	130
TABLE 19	PROCESSED FRUIT & VEGETABLE MARKET: ECOSYSTEM	131
6.2.8	PORTER’S FIVE FORCES ANALYSIS	131
TABLE 20	PROCESSED FRUITS & VEGETABLES MARKET: PORTER’S FIVE FORCES ANALYSIS	131
6.2.8.1	Threat of new entrants	132
6.2.8.2	Threat of substitutes	132
6.2.8.3	Bargaining power of suppliers	132
6.2.8.4	Bargaining power of buyers	133
6.2.8.5	Intensity of competitive rivalry	133
6.2.9	KEY EXPORT-IMPORT MARKETS	133
FIGURE 46	VEGETABLE IMPORT VALUE, BY KEY COUNTRY, 2O16–2020 (USD THOUSAND)	133
FIGURE 47	VEGETABLE EXPORT VALUE, BY KEY COUNTRY, 2O16–2020 (USD THOUSAND)	134
FIGURE 48	FRUIT IMPORT VALUE, BY KEY COUNTRY, 2O16–2020 (USD THOUSAND)	134
FIGURE 49	FRUIT EXPORT VALUE, BY KEY COUNTRY, 2O16–2020 (USD THOUSAND)	134
6.2.10	TARIFF AND REGULATORY LANDSCAPE	135
6.2.10.1	Regulatory bodies, government agencies, and other organizations	135
TABLE 21	NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	135
TABLE 22	EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	136
TABLE 23	ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	137
TABLE 24	ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	138
6.2.11	REVENUE SHIFT AND NEW REVENUE POCKETS FOR PROCESSED FRUIT & VEGETABLE MANUFACTURERS	139
FIGURE 50	REVENUE SHIFT FOR PROCESSED FRUIT & VEGETABLE MANUFACTURERS	139
6.2.12	CASE STUDY ANALYSIS	140
TABLE 25	PROCESSED FRUIT & VEGETABLE MARKET: CASE STUDY ANALYSIS	140
7	FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET, 
BY EQUIPMENT TYPE	141
7.1	INTRODUCTION	142
TABLE 26	KEY OPERATIONS CONDUCTED IN PROCESSING PLANTS	142
FIGURE 51	FILLERS ARE PROJECTED TO DOMINATE THE PROCESSING EQUIPMENT MARKET THROUGH 2027 (USD MILLION)	144
TABLE 27	FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY EQUIPMENT TYPE, 2017–2021 (USD MILLION)	145
TABLE 28	FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY EQUIPMENT TYPE, 2022–2027 (USD MILLION)	145
7.2	COVID-19 IMPACT ON THE FRUIT & VEGETABLE PROCESSING MARKET, BY TYPE	146
TABLE 29	OPTIMISTIC SCENARIO: FRUIT & VEGETABLE EQUIPMENT PROCESSING MARKET SIZE, BY EQUIPMENT TYPE, 2018–2021 (USD MILLION)	146
TABLE 30	REALISTIC SCENARIO: FRUIT & VEGETABLE EQUIPMENT PROCESSING MARKET SIZE, BY EQUIPMENT TYPE, 2018–2021 (USD MILLION)	147
TABLE 31	PESSIMISTIC SCENARIO: FRUIT & VEGETABLE EQUIPMENT PROCESSING MARKET SIZE, BY EQUIPMENT TYPE, 2018–2021 (USD MILLION)	147
7.3	PRE-PROCESSING EQUIPMENT	148
7.3.1	INCREASE IN USAGE OF SORTING AND GRADING EQUIPMENT TO MAINTAIN QUALITY STANDARDS AND SAVE TIME	148
TABLE 32	FRUIT & VEGETABLE PRE-PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	148
TABLE 33	FRUIT & VEGETABLE PRE-PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	149
TABLE 34	NORTH AMERICA: FRUIT & VEGETABLE PRE-PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	149
TABLE 35	NORTH AMERICA: FRUIT & VEGETABLE PRE-PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	149
TABLE 36	EUROPE: FRUIT & VEGETABLE PRE-PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	150
TABLE 37	EUROPE: FRUIT & VEGETABLE PRE-PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	150
TABLE 38	ASIA PACIFIC: FRUIT & VEGETABLE PRE-PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY/REGION, 2017–2021 (USD MILLION)	151
TABLE 39	ASIA PACIFIC: FRUIT & VEGETABLE PRE-PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY/REGION, 2022–2027 (USD MILLION)	151
TABLE 40	SOUTH AMERICA: FRUIT & VEGETABLE PRE-PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	151
TABLE 41	SOUTH AMERICA: FRUIT & VEGETABLE PRE-PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	152
TABLE 42	ROW: FRUIT & VEGETABLE PRE-PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	152
TABLE 43	ROW: FRUIT & VEGETABLE PRE-PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	152
7.4	PEELING/INSPECTION/SLICING	153
7.4.1	YIELD OPTIMIZATION AND WASTE ELIMINATION FOR PROFIT MAXIMIZATION TO DRIVE SEGMENT GROWTH	153
TABLE 44	FRUIT & VEGETABLE PEELING/INSPECTION/SLICING EQUIPMENT MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	153
TABLE 45	FRUIT & VEGETABLE PEELING/INSPECTION/SLICING EQUIPMENT MARKET SIZE, BY TYPE, 2022–2027 (USD MILLION)	154
TABLE 46	NORTH AMERICA: FRUIT & VEGETABLE PEELING/INSPECTION/SLICING EQUIPMENT MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	154
TABLE 47	NORTH AMERICA: FRUIT & VEGETABLE PEELING/INSPECTION/SLICING EQUIPMENT MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	154
TABLE 48	EUROPE: FRUIT & VEGETABLE PEELING/INSPECTION/SLICING EQUIPMENT MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	155
TABLE 49	EUROPE: FRUIT & VEGETABLE PEELING/INSPECTION/SLICING EQUIPMENT MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	155
TABLE 50	ASIA PACIFIC: FRUIT & VEGETABLE PEELING/INSPECTION/SLICING EQUIPMENT MARKET SIZE, BY COUNTRY/REGION, 2017–2021 (USD MILLION)	156
TABLE 51	ASIA PACIFIC: FRUIT & VEGETABLE PEELING/INSPECTION/SLICING EQUIPMENT MARKET SIZE, BY COUNTRY/REGION, 2022–2027 (USD MILLION)	156
TABLE 52	SOUTH AMERICA: FRUIT & VEGETABLE PEELING/INSPECTION/SLICING EQUIPMENT MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	156
TABLE 53	SOUTH AMERICA: FRUIT & VEGETABLE PEELING/INSPECTION/SLICING EQUIPMENT MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	157
TABLE 54	ROW: FRUIT & VEGETABLE PEELING/INSPECTION/SLICING EQUIPMENT MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	157
TABLE 55	ROW: FRUIT & VEGETABLE PEELING/INSPECTION/SLICING EQUIPMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	157
7.5	WASHING & DEWATERING	158
7.5.1	RISING FOOD SAFETY CONCERNS INCREASE IMPORTANCE OF WASHERS	158
TABLE 56	FRUIT & VEGETABLE WASHING & DEWATERING EQUIPMENT MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	158
TABLE 57	FRUIT & VEGETABLE WASHING & DEWATERING EQUIPMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	159
TABLE 58	NORTH AMERICA: FRUIT & VEGETABLE WASHING & DEWATERING EQUIPMENT MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	159
TABLE 59	NORTH AMERICA: FRUIT & VEGETABLE WASHING & DEWATERING EQUIPMENT MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	159
TABLE 60	EUROPE: FRUIT & VEGETABLE WASHING & DEWATERING EQUIPMENT MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	160
TABLE 61	EUROPE: FRUIT & VEGETABLE WASHING & DEWATERING EQUIPMENT MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	160
TABLE 62	ASIA PACIFIC: FRUIT & VEGETABLE WASHING & DEWATERING EQUIPMENT MARKET SIZE, BY COUNTRY/REGION, 2017–2021 (USD MILLION)	161
TABLE 63	ASIA PACIFIC: FRUIT & VEGETABLE WASHING & DEWATERING EQUIPMENT MARKET SIZE, BY COUNTRY/REGION, 2022–2027 (USD MILLION)	161
TABLE 64	SOUTH AMERICA: FRUIT & VEGETABLE WASHING & DEWATERING EQUIPMENT MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	161
TABLE 65	SOUTH AMERICA: FRUIT & VEGETABLE WASHING & DEWATERING EQUIPMENT MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	162
TABLE 66	ROW: FRUIT & VEGETABLE WASHING & DEWATERING EQUIPMENT MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	162
TABLE 67	ROW: FRUIT & VEGETABLE WASHING & DEWATERING EQUIPMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	162
7.6	FILLERS	163
7.6.1	RISE IN PROCESSED FOOD CONSUMPTION TO DRIVE SEGMENT GROWTH	163
TABLE 68	TYPES OF FILLING EQUIPMENT	163
TABLE 69	FRUIT & VEGETABLE FILLERS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	164
TABLE 70	FRUIT & VEGETABLE FILLERS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	164
TABLE 71	NORTH AMERICA: FRUIT & VEGETABLE FILLERS MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	164
TABLE 72	NORTH AMERICA: FRUIT & VEGETABLE FILLERS MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	165
TABLE 73	EUROPE: FRUIT & VEGETABLE FILLERS MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	165
TABLE 74	EUROPE: FRUIT & VEGETABLE FILLERS MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	166
TABLE 75	ASIA PACIFIC: FRUIT & VEGETABLE FILLERS MARKET SIZE, BY COUNTRY/REGION, 2017–2021 (USD MILLION)	166
TABLE 76	ASIA PACIFIC: FRUIT & VEGETABLE FILLERS MARKET SIZE, BY COUNTRY/REGION, 2022–2027 (USD MILLION)	167
TABLE 77	SOUTH AMERICA: FRUIT & VEGETABLE FILLERS MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	167
TABLE 78	SOUTH AMERICA: FRUIT & VEGETABLE FILLERS MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	167
TABLE 79	ROW: FRUIT & VEGETABLE FILLERS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	168
TABLE 80	ROW: FRUIT & VEGETABLE FILLERS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	168
7.7	SEASONING SYSTEMS	168
7.7.1	INNOVATIONS IN SEASONING FOR MULTIPLE PRODUCT OPTIONS TO ALSO IMPROVE SHELF LIFE OF FRESH PRODUCE	168
TABLE 81	FRUIT & VEGETABLE SEASONING SYSTEMS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	169
TABLE 82	FRUIT & VEGETABLE SEASONING SYSTEMS MARKET SIZE, BY TYPE, 2022–2027 (USD MILLION)	169
TABLE 83	NORTH AMERICA: FRUIT & VEGETABLE SEASONING SYSTEMS MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	169
TABLE 84	NORTH AMERICA: FRUIT & VEGETABLE SEASONING SYSTEMS MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	170
TABLE 85	EUROPE: FRUIT & VEGETABLE SEASONING SYSTEMS MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	170
TABLE 86	EUROPE: FRUIT & VEGETABLE SEASONING SYSTEMS MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	170
TABLE 87	ASIA PACIFIC: FRUIT & VEGETABLE SEASONING SYSTEMS MARKET SIZE, BY COUNTRY/REGION, 2017–2021 (USD MILLION)	171
TABLE 88	ASIA PACIFIC: FRUIT & VEGETABLE SEASONING SYSTEMS MARKET SIZE, BY COUNTRY/REGION, 2022–2027 (USD MILLION)	171
TABLE 89	SOUTH AMERICA: FRUIT & VEGETABLE SEASONING SYSTEMS MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	171
TABLE 90	SOUTH AMERICA: FRUIT & VEGETABLE SEASONING SYSTEMS MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	172
TABLE 91	ROW: FRUIT & VEGETABLE SEASONING SYSTEMS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	172
TABLE 92	ROW: FRUIT & VEGETABLE SEASONING SYSTEMS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	172
7.8	PACKAGING & HANDLING	173
7.8.1	STEEP GROWTH IN URBANIZATION AND INCREASING QSRS TO DRIVE SEGMENT GROWTH	173
TABLE 93	FRUIT & VEGETABLE PACKAGING & HANDLING EQUIPMENT MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	173
TABLE 94	FRUIT & VEGETABLE PACKAGING & HANDLING EQUIPMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	174
TABLE 95	NORTH AMERICA: FRUIT & VEGETABLE PACKAGING & HANDLING EQUIPMENT MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	174
TABLE 96	NORTH AMERICA: FRUIT & VEGETABLE PACKAGING & HANDLING EQUIPMENT MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	174
TABLE 97	EUROPE: FRUIT & VEGETABLE PACKAGING & HANDLING EQUIPMENT MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	175
TABLE 98	EUROPE: FRUIT & VEGETABLE PACKAGING & HANDLING EQUIPMENT MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	175
TABLE 99	ASIA PACIFIC: FRUIT & VEGETABLE PACKAGING & HANDLING EQUIPMENT MARKET SIZE, BY COUNTRY/REGION, 2017–2021 (USD MILLION)	176
TABLE 100	ASIA PACIFIC: FRUIT & VEGETABLE PACKAGING & HANDLING EQUIPMENT MARKET SIZE, BY COUNTRY/REGION, 2022–2027 (USD MILLION)	176
TABLE 101	SOUTH AMERICA: FRUIT & VEGETABLE PACKAGING & HANDLING EQUIPMENT MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	176
TABLE 102	SOUTH AMERICA: FRUIT & VEGETABLE PACKAGING & HANDLING EQUIPMENT MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	177
TABLE 103	ROW: FRUIT & VEGETABLE PACKAGING & HANDLING EQUIPMENT MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	177
TABLE 104	ROW: FRUIT & VEGETABLE PACKAGING & HANDLING EQUIPMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	177
7.9	OTHER EQUIPMENT	178
TABLE 105	OTHER FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	178
TABLE 106	OTHER FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	179
TABLE 107	NORTH AMERICA: OTHER FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	179
TABLE 108	NORTH AMERICA: OTHER FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	179
TABLE 109	EUROPE: OTHER FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	180
TABLE 110	EUROPE: OTHER FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	180
TABLE 111	ASIA PACIFIC: OTHER FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY/REGION, 2017–2021 (USD MILLION)	181
TABLE 112	ASIA PACIFIC: OTHER FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY/REGION, 2022–2027 (USD MILLION)	181
TABLE 113	SOUTH AMERICA: OTHER FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2017–2021 (USD MILLION)	181
TABLE 114	SOUTH AMERICA: OTHER FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)	182
TABLE 115	ROW: OTHER FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	182
TABLE 116	ROW: OTHER FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	182
8	FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET, BY OPERATION TYPE	183
8.1	INTRODUCTION	184
FIGURE 52	AUTOMATIC EQUIPMENT IS PROJECTED TO GROW AT A HIGHER CAGR BETWEEN 2022 & 2027 (USD MILLION)	184
TABLE 117	FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY OPERATION TYPE, 2017–2021 (USD MILLION)	185
TABLE 118	FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY OPERATION TYPE, 2022–2027 (USD MILLION)	185
8.2	COVID-19 IMPACT ON THE FRUIT & VEGETABLE PROCESSING MARKET, BY OPERATION TYPE	185
TABLE 119	OPTIMISTIC SCENARIO: FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY OPERATION TYPE, 2018–2021 (USD MILLION)	185
TABLE 120	REALISTIC SCENARIO: FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY OPERATION TYPE, 2018–2021 (USD MILLION)	185
TABLE 121	PESSIMISTIC SCENARIO: FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY OPERATION TYPE, 2018–2021 (USD MILLION)	186
8.3	AUTOMATIC	186
8.3.1	ACCURACY, TIME-SAVING, AND EFFICIENCY TO DRIVE AUTOMATION	186
TABLE 122	AUTOMATIC FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY EQUIPMENT TYPE, 2017–2021 (USD MILLION)	187
TABLE 123	AUTOMATIC FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY EQUIPMENT TYPE, 2022–2027 (USD MILLION)	187
TABLE 124	AUTOMATIC FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	188
TABLE 125	AUTOMATIC FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	188
8.4	SEMI-AUTOMATIC	188
8.4.1	LOWER INSTALLATION AND MAINTENANCE COSTS FUEL THE MARKET IN DEVELOPING COUNTRIES	188
TABLE 126	SEMI-AUTOMATIC FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY EQUIPMENT TYPE, 2017–2021 (USD MILLION)	189
TABLE 127	SEMI-AUTOMATIC FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY EQUIPMENT TYPE, 2022–2027 (USD MILLION)	189
TABLE 128	SEMI-AUTOMATIC FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	190
TABLE 129	SEMI-AUTOMATIC FRUIT & VEGETABLE PROCESSING EQUIPMENT MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	190
9	PROCESSED FRUITS & VEGETABLES MARKET, BY TYPE	191
9.1	INTRODUCTION	192
FIGURE 53	PROCESSED VEGETABLES ARE PROJECTED TO DOMINATE THE MARKET THROUGH 2027 (USD MILLION)	193
TABLE 130	PROCESSED FRUITS & VEGETABLES MARKET SIZE, BY TYPE, 2017–2021 (USD MILLION)	193
TABLE 131	PROCESSED FRUITS & VEGETABLES MARKET SIZE, BY TYPE, 2022–2027 (USD MILLION)	193
TABLE 132	PROCESSED FRUITS MARKET SIZE, BY SUBTYPE, 2017–2021 (USD MILLION)	194
TABLE 133	PROCESSED FRUITS MARKET SIZE, BY SUBTYPE, 2022–2027 (USD MILLION)	194
TABLE 134	PROCESSED FRUITS & VEGETABLES MARKET SIZE, BY TYPE, 2017–2021 (MT)	194
TABLE 135	PROCESSED FRUITS & VEGETABLES MARKET SIZE, BY TYPE, 2022–2027 (MT)	195
9.2	COVID-19 IMPACT ON THE PROCESSED FRUITS & VEGETABLES MARKET, BY TYPE	195
TABLE 136	OPTIMISTIC SCENARIO: PROCESSED FRUITS & VEGETABLES MARKET SIZE, BY TYPE, 2018–2022 (USD MILLION)	195
TABLE 137	REALISTIC SCENARIO: PROCESSED FRUITS & VEGETABLES MARKET SIZE, BY TYPE, 2018–2022 (USD MILLION)	195
TABLE 138	PESSIMISTIC SCENARIO: PROCESSED FRUITS & VEGETABLES MARKET SIZE, BY TYPE, 2018–2022 (USD MILLION)	196
9.3	FRUITS	196
9.3.1	HEALTH BENEFITS AND COMPETITIVE PRICES OF PROCESSED PRODUCTS TO BE KEY MARKET INFLUENCERS	196
TABLE 139	PROCESSED FRUITS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	197
TABLE 140	PROCESSED FRUITS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	197
TABLE 141	PROCESSED FRUITS MARKET SIZE, BY REGION, 2017–2021 (MT)	197
TABLE 142	PROCESSED FRUITS MARKET SIZE, BY REGION, 2022–2027 (MT)	198
9.3.2	BERRIES	198
9.3.2.1	Versatility of use ranging from salads to convenience food keeps berries in demand	198
TABLE 143	PROCESSED BERRIES MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	198
TABLE 144	PROCESSED BERRIES MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	199
9.3.3	PITS	199
9.3.3.1	Increase in parental preference for pits as healthy snacking option for kids	199
TABLE 145	PROCESSED PITS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	199
TABLE 146	PROCESSED PITS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	200
9.3.4	CORE FRUITS	200
9.3.4.1	Asia Pacific to drive demand for core fruits in the future	200
TABLE 147	PROCESSED CORE FRUITS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	200
TABLE 148	PROCESSED CORE FRUITS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	201
9.3.5	CITRUS	201
9.3.5.1	Increased demand for vitamin C-rich fruits due to COVID-19	201
TABLE 149	PROCESSED CITRUS FRUITS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	202
TABLE 150	PROCESSED CITRUS FRUITS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	202
9.3.6	MELONS	202
9.3.6.1	Year-round availability and added health benefits to drive segment	202
TABLE 151	PROCESSED MELONS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	203
TABLE 152	PROCESSED MELONS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	203
9.3.7	TROPICAL FRUITS	203
9.3.7.1	Immunity-building fruits in demand after COVID-19 outbreak	203
TABLE 153	PROCESSED TROPICAL FRUITS MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	204
TABLE 154	PROCESSED TROPICAL FRUITS MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	204
9.4	VEGETABLES	205
9.4.1	HEALTH CONSCIOUSNESS & GROWING VEGAN POPULATION DRIVE VEGETABLE DEMAND	205
TABLE 155	PROCESSED VEGETABLES MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	205
TABLE 156	PROCESSED VEGETABLES MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	206
TABLE 157	PROCESSED VEGETABLES MARKET SIZE, BY REGION, 2017–2021 (MT)	206
TABLE 158	PROCESSED VEGETABLES MARKET SIZE, BY REGION, 2022–2027 (MT)	206
9.5	OTHER TYPES	207
TABLE 159	OTHER PROCESSED FRUIT & VEGETABLE TYPES MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	207
TABLE 160	OTHER PROCESSED FRUIT & VEGETABLE TYPES MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	207
TABLE 161	OTHER PROCESSED FRUIT & VEGETABLE TYPES MARKET SIZE, BY REGION, 2017–2021 (MT)	208
TABLE 162	OTHER PROCESSED FRUIT & VEGETABLE TYPES MARKET SIZE, BY REGION, 2022–2027 (MT)	208
10	PROCESSED FRUITS & VEGETABLES MARKET, BY PRODUCT TYPE	209
10.1	INTRODUCTION	210
FIGURE 54	FRESH FRUITS & VEGETABLES TO DOMINATE THE PROCESSED MARKET THROUGH 2027 (USD MILLION)	210
TABLE 163	PROCESSED FRUITS & VEGETABLES MARKET SIZE, BY PRODUCT TYPE, 2017–2021 (USD MILLION)	211
TABLE 164	PROCESSED FRUITS & VEGETABLES MARKET SIZE, BY PRODUCT TYPE, 2022–2027 (USD MILLION)	211
TABLE 165	PROCESSED FRUITS & VEGETABLES MARKET SIZE, BY PRODUCT TYPE, 2017–2021 (MT)	211
TABLE 166	PROCESSED FRUITS & VEGETABLES MARKET SIZE, BY PRODUCT TYPE, 2022–2027 (MT)	212
10.2	COVID-19 IMPACT ON THE PROCESSED FRUITS & VEGETABLES MARKET, BY PRODUCT TYPE	212
TABLE 167	OPTIMISTIC SCENARIO: PROCESSED FRUITS & VEGETABLES MARKET SIZE, BY PRODUCT TYPE, 2018–2022 (USD MILLION)	212
TABLE 168	REALISTIC SCENARIO: PROCESSED FRUITS & VEGETABLES MARKET SIZE, BY PRODUCT TYPE, 2018–2022 (USD MILLION)	213
TABLE 169	PESSIMISTIC SCENARIO: PROCESSED FRUITS & VEGETABLES MARKET SIZE, BY PRODUCT TYPE, 2018–2022 (USD MILLION)	213
10.3	FRESH	213
10.3.1	INCREASED CONSUMPTION OF FRESH PRODUCE DUE TO DIETARY CHANGES INDUCED BY COVID-19	213
TABLE 170	FRESH FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	214
TABLE 171	FRESH FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	214
TABLE 172	FRESH FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2017–2021 (MT)	214
TABLE 173	FRESH FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2022–2027 (MT)	215
10.4	FRESH-CUT	215
10.4.1	SINGLE-SERVE FRESH-CUT PRODUCE TO BE PREFERRED MORE	215
TABLE 174	FRESH-CUT FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	216
TABLE 175	FRESH-CUT FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	216
TABLE 176	FRESH-CUT FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2017–2021 (MT)	216
TABLE 177	FRESH-CUT FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2022–2027 (MT)	217
10.5	CANNED	217
10.5.1	CANNED FRUITS DIPPED IN NATURAL JUICE INSTEAD OF SUGAR SYRUP TO GAIN CONSUMER PREFERENCE	217
TABLE 178	CANNED FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	218
TABLE 179	CANNED FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	218
TABLE 180	CANNED FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2017–2021 (MT)	218
TABLE 181	CANNED FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2022–2027 (MT)	219
10.6	FROZEN	219
10.6.1	ALL-SEASON AVAILABILITY AND LACK OF PRESERVATIVE USE TO INCREASE DEMAND FOR FROZEN FOODS	219
TABLE 182	FROZEN FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	220
TABLE 183	FROZEN FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	220
TABLE 184	FROZEN FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2017–2021 (MT)	220
TABLE 185	FROZEN FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2022–2027 (MT)	221
10.7	DRIED & DEHYDRATED	221
10.7.1	NEED FOR BETTER SHELF-LIFE WILL INCREASE DEMAND IN DEVELOPING COUNTRIES	221
TABLE 186	DRIED & DEHYDRATED FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2017–2021 (USD MILLION)	222
TABLE 187	DRIED & DEHYDRATED FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)	222
TABLE 188	DRIED & DEHYDRATED FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2017–2021 (MT)	222
TABLE 189	DRIED & DEHYDRATED FRUITS & VEGETABLES MARKET SIZE, BY REGION, 2022–2027 (MT)	223
			        MarketsandMarkets