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Food Certification Market by Type (ISO 22000, BRC, SQF, IFS, Halal, Kosher, Free-From Certification), Application (Meat, Poultry, and Seafood, Dairy, ...

by Type (ISO 22000, BRC, SQF, IFS, Halal, Kosher, Free-From Certification), Application (Meat, Poultry, and Seafood, Dairy, Infant Food, Beverages, Bakery & Confectionery), Risk Category, and Region

Publisher:        MarketsandMarkets

# of Pages:        239

Rating: 

1 User License $4,950

Publication Date:  November, 2020

Price:       $4,950 / User License




TABLE OF CONTENTS

 

1              INTRODUCTION                32

1.1          OBJECTIVES OF THE STUDY          32

1.2          MARKET DEFINITION      32

1.3          STUDY SCOPE    33

FIGURE 1             MARKET SEGMENTATION            33

FIGURE 2             REGIONAL SEGMENTATION        34

1.4          PERIODIZATION CONSIDERED    34

1.5          CURRENCY CONSIDERED               35

TABLE 1                USD EXCHANGE RATES, 2017–2019          35

1.6          STAKEHOLDERS 35

1.7          INCLUSIONS & EXCLUSIONS        36

1.8          SUMMARY OF CHANGES              37

2              RESEARCH METHODOLOGY         38

2.1          RESEARCH DATA               38

FIGURE 3             FOOD CERTIFICATION MARKET: RESEARCH DESIGN          38

2.1.1      SECONDARY DATA           39

2.1.1.1   Key Data from Secondary Sources            39

2.1.2      PRIMARY DATA 39

2.1.2.1   Key Data from Secondary Sources            40

2.1.2.2   Key Primary Insights       40

2.1.2.3   Breakdown of Primaries               41

2.2          MARKET SIZE ESTIMATION          42

2.2.1      BOTTOM-UP APPROACH              43

2.2.2      TOP-DOWN APPROACH                43

2.3          DATA TRIANGULATION 44

FIGURE 4             DATA TRIANGULATION METHODOLOGY               45

2.4          ASSUMPTIONS FOR THE STUDY 46

2.5          LIMITATIONS OF THE STUDY       47

2.6          MARKET SCENARIOS CONSIDERED FOR THE IMPACT OF COVID-19            48

2.6.1      SCENARIO-BASED MODELLING  48

2.7          COVID-19 HEALTH ASSESSMENT                49

FIGURE 5             COVID-19: GLOBAL PROPAGATION          49

FIGURE 6             COVID-19 PROPAGATION: SELECT COUNTRIES   50

2.8          COVID-19 ECONOMIC ASSESSMENT        51

FIGURE 7             REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020  51

2.8.1      COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT             52

FIGURE 8             CRITERIA IMPACTING THE GLOBAL ECONOMY    52

FIGURE 9             SCENARIOS IN TERMS OF RECOVERY OF THE GLOBAL ECONOMY                53

3              EXECUTIVE SUMMARY  55

FIGURE 10           FOOD CERTIFICATION MARKET SIZE, BY TYPE, 2020 VS. 2025 (USD MILLION)         56

FIGURE 11           THE ‘FREE-FROM’ FOODS SEGMENT IS PROJECTED TO BE THE FASTEST-GROWING FROM 2020 TO 2025    56

FIGURE 12           EUROPE IS ESTIMATED TO BE THE LARGEST MARKET IN 2020        57

FIGURE 13           EUROPE ACCOUNTED FOR THE LARGEST SHARE IN THE FOOD CERTIFICATION MARKET IN 2019   58

4              PREMIUM INSIGHTS       59

4.1          OPPORTUNITIES IN THE FOOD CERTIFICATION MARKET 59

FIGURE 14           INCREASE IN INSTANCES OF FOODBORNE OUTBREAKS AND FOOD RECALLS TO DRIVE THE GROWTH OF THE FOOD CERTIFICATION MARKET  59

4.2          FOOD CERTIFICATION MARKET: MAJOR REGIONAL SUBMARKETS             60

FIGURE 15           US IS ESTIMATED TO BE THE LARGEST MARKET GLOBALLY FOR FOOD CERTIFICATION IN 2020       60

4.3          EUROPE: FOOD CERTIFICATION MARKET, BY APPLICATION AND COUNTRY           61

FIGURE 16           GERMANY TO ACCOUNT FOR THE LARGEST SHARE IN THE EUROPEAN MARKET IN 2020  61

4.4          FOOD CERTIFICATION MARKET, BY TYPE AND REGION    61

FIGURE 17           ISO 22000 CERTIFICATION IS ESTIMATED TO DOMINATE THE FOOD CERTIFICATION MARKET IN 2020         61

4.5          FOOD CERTIFICATION MARKET, BY RISK CATEGORY         62

FIGURE 18           HIGH-RISK FOOD SEGMENT IS PROJECTED TO DOMINATE THE FOOD CERTIFICATION MARKET, 2020 VS. 2025                62

4.6          FOOD CERTIFICATION MARKET, BY APPLICATION              62

FIGURE 19           MEAT, POULTRY, AND SEAFOOD PRODUCTS SEGMENT IS PROJECTED TO DOMINATE THE FOOD CERTIFICATION MARKET, 2020 VS. 2025 62

5              MARKET OVERVIEW       63

5.1          INTRODUCTION                63

5.2          MARKET DYNAMICS       64

FIGURE 20           FOOD CERTIFICATION MARKET DYNAMICS          64

5.2.1      DRIVERS               64

5.2.1.1   Increase in instances of foodborne illnesses        64

TABLE 2                RECENT FOODBORNE OUTBREAKS IN THE US      65

5.2.1.1.1               Increase in the number of food recall cases         65

FIGURE 21           FOOD RECALLS COORDINATED BY FSANZ IN AUSTRALIA, 2010–2019         66

5.2.1.1.1.1           Food recalls in the US     66

TABLE 3                FDA FOOD RECALLS, 2020             66

5.2.1.1.2               Increase in trade restrictions due to food contamination in the European countries          69

FIGURE 22           BORDER REJECTION CASES AGAINST CONTAMINATED FOODS IN EUROPE, 2018–2019     69

5.2.1.2   Increased consumption of high-risk category of food products   70

FIGURE 23           HIGH-RISK CATEGORY OF FOODS ARE MOSTLY RESPONSIBLE FOR FOODBORNE OUTBREAKS, 2009-2016  70

5.2.1.2.1               Increase in the consumption of frozen foods across regions        70

5.2.1.2.2               Increase in the consumption of meat and meat products across regions significantly over the recent past                70

FIGURE 24           SALES OF FULLY COOKED MEAT ALTERNATIVES IN THE UNITED STATES (GROWTH %) (03/20-04/20)           71

FIGURE 25           MEAT CONSUMPTION IN FINLAND (KG/CAPITA), 2010-2018        71

5.2.1.3   Increase in the global trade of food products      72

FIGURE 26           GLOBAL AGRI-FOOD EXPORT, 2016-2018 (USD BILLION) 72

5.2.1.4   Strict food industry standards and certification requirements      72

5.2.1.4.1               Increase in focus on gaining customer confidence            73

5.2.1.5   Consumer demand for food transparency and credibility              73

FIGURE 27           US: CONSUMERS CHECK FOR LABELING CLAIMS OF FOOD PRODUCTS

(% OF CONSUMERS), 2019           73

5.2.1.5.1               Voluntary adoption of certification programs by food manufacturers to gain consumer confidence           74

5.2.1.5.2               Focus on broadening product portfolio and improving brand value           74

5.2.1.6   Food quality certification scheme             74

5.2.1.7   Ease of certification and auditing to drive the market growth for outsourced certifications            75

5.2.2      RESTRAINTS       75

5.2.2.1   Lack of infrastructure and financial support for food safety and security in developing countries                75

5.2.2.2   Lack of harmonization in food certification standards and guidelines across the globe      76

5.2.3      OPPORTUNITIES               76

5.2.3.1   Popularity of multiple domestic foodservice and retail chains      76

5.2.3.2   Increase in budget allocation and expenditure to ensure food safety      76

FIGURE 28           FDA BUDGET BY PROGRAM, 2019             77

5.2.3.3   Adoption of Halal, organic, and ‘free-from’ food certifications    77

5.2.3.3.1               Organic certification        77

FIGURE 29           TOTAL ORGANIC SALES IN THE US, 2019 78

5.2.3.4   Increase in trend of outsourcing certification from third-parties 78

5.2.3.5   Food processing industry focuses on mandating food safety management           78

FIGURE 30           TREND OF FOOD PROCESSING PROJECTS IN THE US, 2011-2015   79

5.2.3.6   Emerging markets in Asian, African, and other developing countries        79

5.2.3.6.1               Increase in the number of small & medium scale companies        80

FIGURE 31           STRUCTURE OF THE INDIAN FOOD PROCESSING INDUSTRY, 2018               80

5.2.4      CHALLENGES      80

5.2.4.1   Instances of false labeling and certifications among companies  80

TABLE 4                SOME FRAUDULENT ORGANIC CERTIFICATIONS                81

5.2.4.1.1               False Halal certification  82

5.2.4.2   Lack of resources, awareness, and financial support among small-scale manufacturers   82

5.2.4.2.1               Low investment/financial capabilities of small-scale manufacturers          82

5.3          COVID-19 IMPACT ON MARKET DYNAMICS          83

5.3.1      INCREASE IN IMPORTANCE OF FOOD SAFETY THROUGHOUT THE

SUPPLY CHAIN  83

5.3.2      COVID-19 TO DRIVE THE DEMAND FOR ‘FREE-FROM’ CERTIFICATIONS    83

6              INDUSTRY TRENDS          84

6.1          INTRODUCTION                84

FIGURE 32           FOOD SAFETY MANAGEMENT SYSTEM (FSMS)   84

6.2          FOOD CERTIFICATION INDUSTRY              85

6.3          SUPPLY CHAIN ANALYSIS              85

FIGURE 33           FOOD CERTIFICATION MARKET SUPPLY CHAIN   85

6.4          CERTIFICATION TRENDS                86

6.4.1      INCREASE IN THE TREND OF OUTSOURCING CERTIFICATIONS FROM THIRD PARTY SERVICE PROVIDERS   86

6.5          UPCOMING TRENDS TO IMPACT THE GROWTH OF THE FOOD CERTIFICATION MARKET   86

6.5.1      FOOD SAFETY THROUGH TRACEABILITY SYSTEMS AND FOOD CERTIFICATIONS    86

6.5.2      REGULATORY IMPOSITIONS ON GM LABELS        87

6.5.3      INTRODUCTION OF GLOBAL FOOD SAFETY INITIATIVES (GFSI)    87

6.5.4      RAPID ALERT SYSTEMS FOR FOOD AND FEED (RASFF) TO REPORT FOOD SAFETY ISSUES   87

6.6          ECOSYSTEM MAP             88

6.6.1      FOOD SAFETY & TIC: ECOSYSTEM VIEW  88

6.6.2      FOOD SAFETY & TIC: MARKET MAP          88

6.7          YC-YCC SHIFT     89

FIGURE 34           FOOD CERTIFICATION MARKET: YC-YCC SHIFT     89

6.8          CASE STUDIES    89

6.8.1      MNM CASE STUDY 1       89

6.8.1.1   Title       89

6.8.1.2   Problem Statement        89

6.8.1.3   MnM Approach                89

6.8.1.4   Revenue Impact (RI)      89

6.8.2      MNM CASE STUDY 2       90

6.8.2.1   Title       90

6.8.2.2   Problem Statement        90

6.8.2.3   MnM Approach                90

6.8.2.4   Revenue Impact (RI)      90

 

6.8.3      MNM CASE STUDY 3       90

6.8.3.1   Title       90

6.8.3.2   Problem Statement        90

6.8.3.3   MnM Approach                91

6.8.3.4   Revenue Impact (RI)      91

7              FOOD CERTIFICATION MARKET, BY TYPE                92

7.1          INTRODUCTION                93

FIGURE 35           FOOD CERTIFICATION MARKET SIZE, BY TYPE, 2020 VS. 2025 (USD MILLION)         93

TABLE 5                FOOD CERTIFICATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)               94

TABLE 6                ‘FREE-FROM’ FOOD CERTIFICATION MARKET SIZE, BY SUBTYPE,

2018–2025 (USD MILLION)           94

7.1.1      COVID-19 IMPACT ON THE FOOD CERTIFICATION MARKET, BY TYPE

(2018–2021)       95

7.1.1.1   Realistic Scenario             95

TABLE 7                REALISTIC SCENARIO: COVID-19 IMPACT ON THE FOOD CERTIFICATION MARKET SIZE, BY TYPE, 2018–2021 (USD MILLION) 95

7.1.1.2   Optimistic Scenario         95

TABLE 8                OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE FOOD CERTIFICATION MARKET SIZE, BY TYPE, 2018–2021 (USD MILLION) 95

7.1.1.3   Pessimistic Scenario        96

TABLE 9                PESSIMISTIC SCENARIO: COVID-19 IMPACT ON FOOD CERTIFICATION MARKET SIZE, BY TYPE, 2018–2021 (USD MILLION) 96

7.2          ISO 22000            96

7.2.1      INCREASE IN ADOPTION OF ISO 22000 CERTIFICATIONS TO ENSURE COMPLIANCE WITH INTERNATIONAL SAFETY AND QUALITY STANDARDS          96

TABLE 10              ISO 22000: FOOD CERTIFICATION MARKET SIZE, BY REGION,

2018–2025 (USD MILLION)           97

7.3          BRC        97

7.3.1      BRC CERTIFICATION IS CONSIDERED AS A BENCHMARK FOR BEST FOOD SAFETY PRACTICES          97

TABLE 11              BRC: FOOD CERTIFICATION MARKET SIZE, BY REGION,

2018–2025 (USD MILLION)           98

7.4          SQF        98

7.4.1      DEMAND FOR SQF CERTIFICATION PROGRAM REMAINS HIGH TO MEET THE REGULATORY COMMERCIAL FOOD QUALITY CRITERIA           98

TABLE 12              SQF: FOOD CERTIFICATION MARKET SIZE, BY REGION,

2018–2025 (USD MILLION)           98

7.5          IFS          99

7.5.1      HIGH ADOPTION OF IFS CERTIFICATIONS RECORDED IN EUROPEAN COUNTRIES 99

TABLE 13              IFS FOOD CERTIFICATION MARKET SIZE, BY REGION,

2018–2025 (USD MILLION)           99

7.6          HALAL   99

7.6.1      GROWTH OF THE HALAL CERTIFICATION MARKET REMAINS HIGH AS HALAL PRODUCTS ARE CONSIDERED SAFE AND HYGIENIC            99

TABLE 14              HALAL FOOD CERTIFICATION MARKET SIZE, BY REGION,

2018–2025 (USD MILLION)           100

7.7          KOSHER                100

7.7.1      KOSHER CERTIFICATIONS TO WITNESS HIGH ADOPTION IN THE COMING YEARS WITH THE INCREASE IN DEMAND FOR TRANSPARENCY OF INGREDIENTS   100

TABLE 15              KOSHER FOOD CERTIFICATION MARKET SIZE, BY REGION,

2018–2025 (USD MILLION)           101

7.8          ‘FREE-FROM’ CERTIFICATIONS   101

7.8.1      INCREASE IN CONSUMER INCLINATION TOWARD ORGANIC AND NATURAL PRODUCTS TO DRIVE THE DEMAND FOR ‘FREE-FROM’ CERTIFICATIONS   101

TABLE 16              ‘FREE-FROM’ FOOD CERTIFICATION MARKET SIZE, BY REGION,

2018–2025 (USD MILLION)           101

7.8.2      ORGANIC            102

7.8.3      GLUTEN-FREE    102

7.8.4      ALLERGEN-FREE                102

7.8.5      VEGAN 102

7.8.6      NON-GMO         103

7.8.7      OTHER ‘FREE-FROM’ CERTIFICATIONS    103

7.9          OTHER TYPES     103

7.9.1      GROWING DEMAND FOR GFSI-BASED CERTIFICATIONS TO ENSURE SUPPLY OF SAFE FOOD          103

TABLE 17              OTHER FOOD CERTIFICATIONS MARKET SIZE, BY REGION,

2018–2025 (USD MILLION)           103

8              FOOD CERTIFICATION MARKET, BY RISK CATEGORY         104

8.1          INTRODUCTION                105

FIGURE 36           FOOD CERTIFICATION MARKET SHARE, BY RISK CATEGORY, 2020 VS. 2025             105

TABLE 18              FOOD CERTIFICATION MARKET SIZE, BY RISK CATEGORY,

2018–2025 (USD MILLION)           105

8.2          COVID-19 IMPACT ON THE FOOD CERTIFICATION MARKET, BY RISK CATEGORY   106

8.2.1      REALISTIC SCENARIO      106

TABLE 19              REALISTIC SCENARIO: COVID-19 IMPACT ON THE FOOD CERTIFICATION MARKET SIZE, BY RISK CATEGORY, 2018–2021 (USD MILLION)           106

8.2.2      OPTIMISTIC SCENARIO  106

TABLE 20              OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE FOOD CERTIFICATION MARKET SIZE, BY RISK CATEGORY, 2018–2021 (USD MILLION)           106

8.2.3      PESSIMISTIC SCENARIO 106

TABLE 21              PESSIMISTIC SCENARIO: COVID-19 IMPACT ON FOOD CERTIFICATION MARKET SIZE, BY RISK CATEGORY, 2018–2021 (USD MILLION)           106

8.3          HIGH-RISK FOOD              107

8.3.1      STRINGENT QUALITY STANDARDS ARE MAINTAINED THROUGHOUT THE SUPPLY CHAIN OF HIGH-RISK FOODS    107

TABLE 22              HIGH-RISK FOOD CERTIFICATION MARKET SIZE, BY REGION,

 2018–2025 (USD MILLION)          107

 

8.4          LOW-RISK FOOD               108

8.4.1      VOLUNTARY FOOD CERTIFICATION OF LOW-RISK FOODS TO INCREASE CONSUMER TRUST AND DRIVE THE MARKET GROWTH             108

TABLE 23              LOW-RISK FOOD CERTIFICATION MARKET SIZE, BY REGION,

2018–2025 (USD MILLION)           108

9              FOOD CERTIFICATION MARKET, BY APPLICATION              109

9.1          INTRODUCTION                110

FIGURE 37           FOOD CERTIFICATION MARKET SIZE, BY APPLICATION,

2020 VS. 2025 (USD MILLION)     110

TABLE 24              FOOD CERTIFICATION MARKET, BY APPLICATION, 2018–2025 (USD MILLION)      111

9.1.1      COVID-19 IMPACT ON THE FOOD CERTIFICATION MARKET, BY APPLICATION, 2018–2021 (USD MILLION)                111

9.1.1.1   REALISTIC SCENARIO      111

TABLE 25              REALISTIC SCENARIO: COVID-19 IMPACT ON THE FOOD CERTIFICATION MARKET SIZE, BY APPLICATION, 2018–2021 (USD MILLION)           111

9.1.1.2   OPTIMISTIC SCENARIO  112

TABLE 26              OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE FOOD CERTIFICATION MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)           112

9.1.1.3   PESSIMISTIC SCENARIO 112

TABLE 27              PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE FOOD CERTIFICATION MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)           112

9.2          MEAT, POULTRY, AND SEAFOOD PRODUCTS       113

9.2.1      INCREASE IN CONSUMPTION OF PROCESSED MEAT PRODUCTS TO DRIVE THE GROWTH OF THE FOOD CERTIFICATION MARKET               113

FIGURE 38           PORK MEAT CONSUMPTION IN KILOGRAM PER CAPITA, 2018     113

TABLE 28              FOOD CERTIFICATION MARKET SIZE IN MEAT, POULTRY, AND SEAFOOD PRODUCTS, BY REGION, 2018–2025 (USD MILLION) 114

9.3          DAIRY PRODUCTS            114

9.3.1      STRINGENT CERTIFICATION REQUIREMENTS REGARDING THE EXPORT OF DAIRY PRODUCTS TO DRIVE THE MARKET GROWTH             114

TABLE 29              FOOD CERTIFICATION MARKET SIZE IN DAIRY PRODUCTS, BY REGION,

2018–2025 (USD MILLION)           114

9.4          INFANT FOOD PRODUCTS            115

9.4.1      REGULATORY CHANGES REGARDING SAFETY STANDARDS OF INFANT FOOD PRODUCTS TO DRIVE THE GROWTH OF THE FOOD CERTIFICATION MARKET         115

TABLE 30              FOOD CERTIFICATION MARKET SIZE IN INFANT FOOD, BY REGION, 2018–2025 (USD MILLION)     115

9.5          BAKERY & CONFECTIONERY PRODUCTS 115

9.5.1      GLOBALIZATION OF FAST FOOD PRODUCTS TO DRIVE THE GROWTH OF THE FOOD CERTIFICATION MARKET         115

TABLE 31              FOOD CERTIFICATION MARKET SIZE IN BAKERY & CONFECTIONERY,

BY REGION, 2018–2025 (USD MILLION)  116

9.6          BEVERAGES        116

9.6.1      INCREASE IN BEVERAGE CERTIFICATION FOR ENCOURAGING CONSUMER CONFIDENCE TO DRIVE THE GROWTH OF THE MARKET      116

TABLE 32              FOOD CERTIFICATION MARKET SIZE IN BEVERAGES, BY REGION,

2018–2025 (USD MILLION)           116

9.7          ‘FREE-FROM’ FOODS      117

9.7.1      HIGH DEMAND FOR FOOD CERTIFICATIONS IN THE ‘FREE-FROM’ CATEGORY IN ECONOMICALLY DEVELOPED COUNTRIES TO DRIVE THE MARKET GROWTH     117

TABLE 33              FOOD CERTIFICATION MARKET SIZE IN ‘FREE-FROM’ FOODS, BY REGION, 2018–2025 (USD MILLION)        117

9.8          OTHER APPLICATIONS   118

9.8.1      INCREASE IN DEMAND FOR FOOD CERTIFICATIONS TO ENSURE SAFETY

OF CROPS            118

TABLE 34              FOOD CERTIFICATION MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2018–2025 (USD MILLION)     118

10           FOOD CERTIFICATION MARKET, BY SUPPLY CHAIN            119

10.1        INTRODUCTION                119

10.1.1    VALUE CHAIN OF THE EU FOOD & DRINK INDUSTRY         119

FIGURE 39           VALUE CHAIN OF THE EUROPEAN FOOD & DRINK INDUSTRY        119

FIGURE 40           FOOD CERTIFICATION MARKET, BY SUPPLY CHAIN, 2019

(MARKET SHARE PERCENTAGE) 120

10.2        GROWERS           120

TABLE 35              GLOBALLY RECOGNIZED CERTIFICATIONS FOR FARMERS AND GROWERS               121

10.3        MANUFACTURERS          122

10.4        RETAILERS           122

10.5        OTHER SUPPLIERS            123

11           FOOD CERTIFICATION MARKET, BY REGION         124

11.1        INTRODUCTION                125

FIGURE 41           CANADA IS PROJECTED TO RECORD THE HIGHEST CAGR IN THE

FOOD CERTIFICATION MARKET FROM 2020 TO 2025         125

TABLE 36              FOOD CERTIFICATION MARKET SIZE, BY REGION, 2018–2025(USD MILLION)         126

11.2        COVID-19 IMPACT ON THE FOOD CERTIFICATION MARKET, BY REGION   126

11.2.1    REALISTIC SCENARIO      126

TABLE 37              REALISTIC SCENARIO: COVID-19 IMPACT ON THE NATURAL FOOD FLAVORS MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)           126

11.2.2    OPTIMISTIC SCENARIO  127

TABLE 38              OPTIMISTIC SCENARIO: COVID-19 IMPACT ON THE NATURAL FOOD FLAVORS MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)           127

11.3        PESSIMISTIC SCENARIO 127

TABLE 39              PESSIMISTIC SCENARIO: COVID-19 IMPACT ON THE NATURAL FOOD FLAVORS MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)           127

11.4        NORTH AMERICA             127

FIGURE 42           NORTH AMERICA: MARKET SNAPSHOT  128

TABLE 40              NORTH AMERICA: FOOD CERTIFICATION MARKET SIZE, BY COUNTRY,

2018–2025 (USD MILLION)           129

TABLE 41              NORTH AMERICA: FOOD CERTIFICATION MARKET SIZE, BY TYPE,

2018–2025 (USD MILLION)           129

TABLE 42              NORTH AMERICA: ISO22000 FOOD CERTIFICATION MARKET SIZE,

BY COUNTRY, 2018–2025 (USD MILLION)               129

TABLE 43              NORTH AMERICA: BRC FOOD CERTIFICATION MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)      130

TABLE 44              NORTH AMERICA: SQF FOOD CERTIFICATION MARKET SIZE, BY COUNTRY, 2018–2025(USD MILLION)       130

TABLE 45              NORTH AMERICA: IFS FOOD CERTIFICATION MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)        130

TABLE 46              NORTH AMERICA: HALAL FOOD CERTIFICATION MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION) 131

TABLE 47              NORTH AMERICA: KOSHER FOOD CERTIFICATION MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)                131

TABLE 48              NORTH AMERICA: ‘FREE-FROM’ FOOD CERTIFICATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)                131

TABLE 49              NORTH AMERICA: OTHER FOOD CERTIFICATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)           132

TABLE 50              NORTH AMERICA: FOOD CERTIFICATION MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)        132

TABLE 51              NORTH AMERICA: FOOD CERTIFICATION MARKET SIZE, BY RISK CATEGORY, 2018–2025 (USD MILLION)   132

11.4.1    US          133

11.4.1.1                Initiatives taken by the US government to drive the growth of the food certification market        133

TABLE 52              US: FOOD CERTIFICATION MARKET SIZE, BY TYPE,

2018–2025 (USD MILLION)           134

TABLE 53              US: FOOD CERTIFICATION MARKET SIZE, BY APPLICATION,

2018–2025 (USD MILLION)           134

11.4.2    CANADA              135

11.4.2.1                Food safety and nutrition quality standards are the major concerns for Canadian consumers that impact the market growth  135

TABLE 54              CANADA: FOOD CERTIFICATION MARKET SIZE, BY TYPE,

2018–2025 (USD MILLION)           135

TABLE 55              CANADA: FOOD CERTIFICATION MARKET SIZE, BY APPLICATION,

2018–2025 (USD MILLION)           136

11.4.3    MEXICO               136

11.4.3.1                Increase in instances of foodborne illness to drive the market growth for food certification          136

TABLE 56              MEXICO: FOOD CERTIFICATION MARKET SIZE, BY TYPE,

2018–2025 (USD MILLION)           137

TABLE 57              MEXICO: FOOD CERTIFICATION MARKET SIZE, BY APPLICATION,

2018–2025 (USD MILLION)           137

11.5        EUROPE               138

FIGURE 43           EUROPE: MARKET SNAPSHOT    139

TABLE 58              EUROPE: FOOD CERTIFICATION MARKET SIZE, BY COUNTRY,

2018–2025 (USD MILLION)           140

TABLE 59              EUROPE: FOOD CERTIFICATION MARKET SIZE, BY TYPE,

2018–2025 (USD MILLION)           140

TABLE 60              EUROPE: ISO22000 FOOD CERTIFICATION MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)              141

TABLE 61              EUROPE: BRC FOOD CERTIFICATION MARKET SIZE, BY COUNTRY,

2018–2025(USD MILLION)            141

TABLE 62              EUROPE: SQF FOOD CERTIFICATION MARKET SIZE, BY COUNTRY,

2018–2025 (USD MILLION)           142

TABLE 63              EUROPE: IFS FOOD CERTIFICATION MARKET SIZE, BY COUNTRY,

2018–2025 (USD MILLION)           142

TABLE 64              EUROPE: HALAL FOOD CERTIFICATION MARKET SIZE, BY COUNTRY,

2018–2025 (USD MILLION)           143

TABLE 65              EUROPE: KOSHER FOOD CERTIFICATION MARKET SIZE, BY COUNTRY,

2018–2025 (USD MILLION)           143

TABLE 66              EUROPE: ‘FREE-FROM’ FOOD CERTIFICATION MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)      144

TABLE 67              EUROPE: OTHER FOOD CERTIFICATION MARKET SIZE, BY COUNTRY,

2018-2025 (USD MILLION)            144

TABLE 68              EUROPE: FOOD CERTIFICATION MARKET SIZE, BY APPLICATION,

2018–2025 (USD MILLION)           145

TABLE 69              EUROPE: FOOD CERTIFICATION MARKET SIZE, BY RISK CATEGORY,

2018–2025 (USD MILLION)           145

11.5.1    UK          145

11.5.1.1                Growth of the market remains high as consumers are opting for premium products due to the increase in contamination in food products                145

TABLE 70              UK: FOOD CERTIFICATION MARKET SIZE, BY TYPE,

2018–2025 (USD MILLION)           146

TABLE 71              UK: FOOD CERTIFICATION MARKET SIZE, BY APPLICATION,

2018–2025 (USD MILLION)           146

11.5.2    GERMANY           147

11.5.2.1                Growth of the market remains high in the country due to high purchasing power among consumers enabling them to opt for high-quality food products        147

TABLE 72              GERMANY: FOOD CERTIFICATION MARKET SIZE, BY TYPE,

2018–2025(USD MILLION)            147

TABLE 73              GERMANY: FOOD CERTIFICATION MARKET SIZE, BY APPLICATION,

2018–2025 (USD MILLION)           148

11.5.3    FRANCE                148

11.5.3.1                High quality standards preference among consumers leading to food safety concerns drives the market growth 148

TABLE 74              FRANCE: FOOD CERTIFICATION MARKET SIZE, BY TYPE,

2018–2025 (USD MILLION)           149

TABLE 75              FRANCE: FOOD CERTIFICATION MARKET SIZE, BY APPLICATION,

2018–2025 (USD MILLION)           149

11.5.4    ITALY     150

11.5.4.1                High consumption of bakery and dairy products drives the adoption of food safety measures     150

TABLE 76              ITALY: FOOD CERTIFICATION MARKET SIZE, BY TYPE,

2018–2025 (USD MILLION)           150

TABLE 77              ITALY: FOOD CERTIFICATION MARKET SIZE, BY APPLICATION,

2018–2025 (USD MILLION)           151

 

11.5.5    SPAIN   151

11.5.5.1                Increase in demand for products such as olives oils and premium wines offers a high scope for companies to invest in food safety 151

TABLE 78              SPAIN: FOOD CERTIFICATION MARKET SIZE, BY TYPE,

2018–2025 (USD MILLION)           152

TABLE 79              SPAIN: FOOD CERTIFICATION MARKET SIZE, BY APPLICATION,

2018–2025 (USD MILLION)           152

11.5.6    POLAND               153

11.5.6.1                Rise in processed food consumption to drive the growth of the food certification market              153

TABLE 80              POLAND: FOOD CERTIFICATION MARKET SIZE, BY TYPE,

2018–2025 (USD MILLION)           153

TABLE 81              POLAND: FOOD CERTIFICATION MARKET SIZE, BY APPLICATION,

2018–2025 (USD MILLION)           154

11.5.7    REST OF EUROPE              154

11.5.7.1                Instances of people with foodborne illness encourages the need to strengthen the food safety control measures            154

TABLE 82              REST OF EUROPE: FOOD CERTIFICATION MARKET SIZE, BY TYPE,

2018–2025 (USD MILLION)           155

TABLE 83              REST OF EUROPE: FOOD CERTIFICATION MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)         155

11.6        ASIA PACIFIC     156

FIGURE 44           ASIA PACIFIC: MARKET SNAPSHOT          157

TABLE 84              ASIA PACIFIC: FOOD CERTIFICATION MARKET SIZE, BY COUNTRY,

2018–2025 (USD MILLION)           158

TABLE 85              ASIA PACIFIC: FOOD CERTIFICATION MARKET SIZE, BY TYPE,

2018–2025 (USD MILLION)           158

TABLE 86              ASIA PACIFIC: ISO22000 FOOD CERTIFICATION MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)    159

TABLE 87              ASIA PACIFIC: BRC FOOD CERTIFICATION MARKET SIZE, BY COUNTRY,

2018–2025 (USD MILLION)           159

TABLE 88              ASIA PACIFIC: SQF FOOD CERTIFICATION MARKET SIZE, BY COUNTRY,

2018–2025 (USD MILLION)           160

TABLE 89              ASIA PACIFIC: IFS FOOD CERTIFICATION MARKET SIZE, BY COUNTRY,

2018–2025 (USD MILLION)           160

TABLE 90              ASIA PACIFIC: HALAL FOOD CERTIFICATION MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)          161

TABLE 91              ASIA PACIFIC: KOSHER FOOD CERTIFICATION MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)      161

TABLE 92              ASIA PACIFIC: ‘FREE-FROM’ FOOD CERTIFICATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)      162

TABLE 93              ASIA PACIFIC: OTHER FOOD CERTIFICATION MARKET SIZE, BY TYPE,

2018–2025(USD MILLION)            162

TABLE 94              ASIA PACIFIC: FOOD CERTIFICATION MARKET SIZE, BY APPLICATION,

2018–2025 (USD MILLION)           163

TABLE 95              ASIA PACIFIC: FOOD CERTIFICATION MARKET SIZE, BY RISK CATEGORY, 2018–2025 (USD MILLION)            163

 

11.6.1    CHINA   163

11.6.1.1                Contamination in non-vegetarian products is driving the growth of the market for food certification        163

TABLE 96              CHINA: FOOD CERTIFICATION MARKET SIZE, BY TYPE,

2018–2025 (USD MILLION)           164

TABLE 97              CHINA: FOOD CERTIFICATION MARKET SIZE, BY APPLICATION,

2018–2025 (USD MILLION)           164

11.6.2    INDIA    165

11.6.2.1                Increase in the need to meet the international standards for food products encourages stakeholders to adopt food safety measures       165

TABLE 98              INDIA: FOOD CERTIFICATION MARKET SIZE, BY TYPE,

2018–2025 (USD MILLION)           165

TABLE 99              INDIA: FOOD CERTIFICATION MARKET SIZE, BY APPLICATION,

2018–2025 (USD MILLION)           166

11.6.3    JAPAN  166

11.6.3.1                Consumers are willing to adopt food safety measures due to the health benefits associated with them 166

TABLE 100            JAPAN: FOOD CERTIFICATION MARKET SIZE, BY TYPE,

2018–2025 (USD MILLION)           167

TABLE 101            JAPAN: FOOD CERTIFICATION MARKET SIZE, BY APPLICATION,

2018–2025 (USD MILLION)           167

11.6.4    SOUTH KOREA   168

11.6.4.1                Increase in control over imported food safety hazards has led to the need for food certifications              168

TABLE 102            SOUTH KOREA: FOOD CERTIFICATION MARKET SIZE, BY TYPE,

2018–2025 (USD MILLION)           168

TABLE 103            SOUTH KOREA: FOOD CERTIFICATION MARKET SIZE, BY APPLICATION,

2018–2025 (USD MILLION)           169

11.6.5    AUSTRALIA & NEW ZEALAND      169

11.6.5.1                Stringent regulations enforced by the government are encouraging companies to adopt food safety measures            169

TABLE 104            AUSTRALIA & NEW ZEALAND: FOOD CERTIFICATION MARKET SIZE,

BY TYPE, 2018–2025 (USD MILLION)         170

TABLE 105            AUSTRALIA & NEW ZEALAND: FOOD CERTIFICATION MARKET SIZE,

BY APPLICATION, 2018–2025 (USD MILLION)       170

11.6.6    REST OF ASIA PACIFIC    171

11.6.6.1                Food certification programs are being conducted to reduce adulteration of food products            171

TABLE 106            REST OF ASIA PACIFIC: FOOD CERTIFICATION MARKET SIZE, BY TYPE,

2018–2025 (USD MILLION)           171

TABLE 107            REST OF ASIA PACIFIC: FOOD CERTIFICATION MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)                172

11.7        SOUTH AMERICA             172

TABLE 108            SOUTH AMERICA: FOOD CERTIFICATION MARKET SIZE, BY COUNTRY,

2018–2025 (USD MILLION)           173

TABLE 109            SOUTH AMERICA: FOOD CERTIFICATION MARKET SIZE, BY TYPE,

2018–2025 (USD MILLION)           173

TABLE 110            SOUTH AMERICA: ISO22000 FOOD CERTIFICATION MARKET SIZE,

BY COUNTRY, 2018–2025 (USD MILLION)               173

TABLE 111            SOUTH AMERICA: BRC FOOD CERTIFICATION MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)       174

TABLE 112            SOUTH AMERICA: SQF FOOD CERTIFICATION MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)       174

TABLE 113            SOUTH AMERICA: IFS FOOD CERTIFICATION MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)         174

TABLE 114            SOUTH AMERICA: HALAL FOOD CERTIFICATION MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)  175

TABLE 115            SOUTH AMERICA: KOSHER FOOD CERTIFICATION MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)                175

TABLE 116            SOUTH AMERICA: ‘FREE-FROM’ FOOD CERTIFICATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)                175

TABLE 117            SOUTH AMERICA: OTHER FOOD CERTIFICATIONS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)         176

TABLE 118            SOUTH AMERICA: FOOD CERTIFICATION MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)        176

TABLE 119            SOUTH AMERICA: FOOD CERTIFICATION MARKET SIZE, BY RISK CATEGORY, 2018–2025(USD MILLION)     176

11.7.1    BRAZIL  177

11.7.1.1                Adoption of sanitary measure to align with the global standards for exporting food and agricultural products                177

TABLE 120            BRAZIL: FOOD CERTIFICATION MARKET SIZE, BY TYPE,

2018–2025 (USD MILLION)           177

TABLE 121            BRAZIL: FOOD CERTIFICATION MARKET SIZE, BY APPLICATION,

2018–2025 (USD MILLION)           178

11.7.2    ARGENTINA       178

11.7.2.1                Organic certification is gaining importance with the change in food consumption trends 178

TABLE 122            ARGENTINA: FOOD CERTIFICATION MARKET SIZE, BY TYPE,

2018–2025 (USD MILLION)           179

TABLE 123            ARGENTINA: FOOD CERTIFICATION MARKET SIZE, BY APPLICATION,

2018–2025 (USD MILLION)           179

11.7.3    REST OF SOUTH AMERICA            180

11.7.3.1                Improved administrative measures and sanitary surveillance to drive the market growth for food certification        180

TABLE 124            REST OF SOUTH AMERICA: FOOD CERTIFICATION MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)         180

TABLE 125            REST OF SOUTH AMERICA: FOOD CERTIFICATION MARKET SIZE,

BY APPLICATION, 2018–2025 (USD MILLION)       181

11.8        REST OF THE WORLD (ROW)        181

TABLE 126            ROW: FOOD CERTIFICATION MARKET SIZE, BY COUNTRY,

2018–2025(USD MILLION)            181

TABLE 127            ROW: FOOD CERTIFICATION MARKET SIZE, BY TYPE,

2018–2025 (USD MILLION)           182

TABLE 128            ROW: ISO22000 FOOD CERTIFICATION MARKET SIZE, BY COUNTRY,

2018–2025 (USD MILLION)           182

TABLE 129            ROW: BRC FOOD CERTIFICATION MARKET SIZE, BY COUNTRY,

2018–2025 (USD MILLION)           182

TABLE 130            ROW: SQF FOOD CERTIFICATION MARKET SIZE, BY COUNTRY,

2018–2025 (USD MILLION)           183

TABLE 131            ROW: IFS FOOD CERTIFICATION MARKET SIZE, BY COUNTRY,

2018–2025 (USD MILLION)           183

TABLE 132            ROW: HALAL FOOD CERTIFICATION MARKET SIZE, BY COUNTRY,

2018–2025 (USD MILLION)           183

TABLE 133            ROW: KOSHER FOOD CERTIFICATION MARKET SIZE, BY COUNTRY,

2018–2025 (USD MILLION)           184

TABLE 134            ROW: ‘FREE-FROM’ FOOD CERTIFICATION MARKET SIZE, BY COUNTRY,

2018–2025 (USD MILLION)           184

TABLE 135            ROW: OTHER FOOD CERTIFICATIONS MARKET SIZE, BY COUNTRY,

2018–2025 (USD MILLION)           184

TABLE 136            ROW: FOOD CERTIFICATION MARKET SIZE, BY APPLICATION,

2018–2025 (USD MILLION)           185

TABLE 137            ROW: FOOD CERTIFICATION MARKET SIZE, BY RISK CATEGORY,

2018–2025 (USD MILLION)           185

11.8.1    SOUTH AFRICA  185

11.8.1.1                Increase in the trend of consuming organic products to drive the growth of the food certifications market                185

TABLE 138            SOUTH AFRICA: FOOD CERTIFICATION MARKET SIZE, BY TYPE,

2018–2025 (USD MILLION)           186

TABLE 139            SOUTH AFRICA: FOOD CERTIFICATION MARKET SIZE, BY APPLICATION,

2018–2025 (USD MILLION)           186

11.8.2    MIDDLE EAST     187

11.8.2.1                High demand for HALAL food products due to religious factors associated with the Muslim and Jewish communities      187

TABLE 140            MIDDLE EAST: FOOD CERTIFICATION MARKET SIZE, BY TYPE,

2018–2025 (USD MILLION)           187

TABLE 141            MIDDLE EAST: FOOD CERTIFICATION MARKET SIZE, BY APPLICATION,

2018–2025 (USD MILLION)           188

11.8.3    REST OF AFRICA                188

11.8.3.1                Increase in instances of food poisoning in African countries encourages consumers to opt for food safety standards            188

TABLE 142            REST OF AFRICA: FOOD CERTIFICATION MARKET SIZE, BY TYPE,

2018–2025 (USD MILLION)           189

TABLE 143            REST OF AFRICA: FOOD CERTIFICATION MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)          189

12           COMPETITIVE LANDSCAPE           190

12.1        MARKET EVALUATION FRAMEWORK      191

FIGURE 45           MARKET EVALUATION FRAMEWORK, 2017-2019               191

12.2        MARKET SHARE ANALYSIS OF KEY PLAYERS, 2019               192

FIGURE 46           SGS DOMINATED THE FOOD CERTIFICATION MARKET IN 2019     192

12.3        COVID-19 SPECIFIC COMPANY RESPONSE             192

 

12.4        KEY MARKET DEVELOPMENTS    193

12.4.1    EXPANSIONS     193

TABLE 144            EXPANSIONS, 2018–2020              193

12.4.2    MERGERS & ACQUISITIONS         194

TABLE 145            MERGERS & ACQUISITIONS, 2018–2020 194

12.4.3    NEW SERVICE LAUNCHES             195

TABLE 146            NEW SERVICE LAUNCHES, 2018–2020      195

12.4.4    AGREEMENTS, COLLABORATIONS, AND PARTNERSHIPS 195

TABLE 147            AGREEMENT, COLLABORATIONS, AND PARTNERSHIPS, 2018–2020           195

13           COMPANY EVALUATION MATRIX AND PROFILES               196

13.1        OVERVIEW          196

13.2        COMPANY EVALUATION MATRIX: DEFINITIONS AND METHODOLOGY    196

13.2.1    STARS   196

13.2.2    EMERGING LEADERS      197

13.2.3    PERVASIVE PLAYERS       197

13.2.4    EMERGING COMPANIES               197

13.3        COMPANY EVALUATION MATRIX, 2019 (OVERALL MARKET)        198

FIGURE 47           GLOBAL FOOD CERTIFICATION MARKET COMPANY EVALUATION MATRIX, 2019 (OVERALL MARKET)        198

13.4        COMPANY PROFILES      199

(Business overview, Products offered, Recent Developments, SWOT analysis, MNM view)*

13.4.1    DEKRA  199

FIGURE 48           DEKRA: COMPANY SNAPSHOT   199

13.4.2    SGS        202

FIGURE 49           SGS: COMPANY SNAPSHOT         202

13.4.3    INTERTEK             205

FIGURE 50           INTERTEK: COMPANY SNAPSHOT             205

13.4.4    ASUREQUALITY 208

FIGURE 51           ASUREQUALITY: COMPANY SNAPSHOT 208

13.4.5    BUREAU VERITAS             211

FIGURE 52           BUREAU VERITAS: COMPANY SNAPSHOT             211

13.4.6    LLOYD’S REGISTER           214

FIGURE 53           LLOYD’S REGISTER: COMPANY SNAPSHOT            214

13.4.7    DNV       216

FIGURE 54           DNV: COMPANY SNAPSHOT       216

13.4.8    TÜV SÜD              218

FIGURE 55           TÜV SÜD: COMPANY SNAPSHOT              218

13.4.9    KIWA SVERIGE  220

FIGURE 56           KIWA SVERIGE: COMPANY SNAPSHOT   220

13.4.10  ALS         222

FIGURE 57           ALS: COMPANY SNAPSHOT         222

13.4.11  UL LLC   224

13.4.12  EAGLE CERTIFICATION GROUP   225

13.4.13  ASPIRATA            226

13.4.14  INTERNATIONAL CERTIFICATIONS LTD.  227

13.4.15  CONTROL UNION CERTIFICATIONS          228

13.4.16  INDOCERT           230

13.4.17  TQ CERT               231

13.4.18  MS CERTIFICATION SERVICES     232

13.4.19  EUROFINS           233

FIGURE 58           EUROFINS: COMPANY SNAPSHOT            233

13.4.20  SOCOTEC             235

*Details on Business overview, Products offered, Recent Developments, SWOT analysis, MNM view might not be captured in case of unlisted companies.

14           APPENDIX           236

14.1        DISCUSSION GUIDE        236

14.2        KEY PRIMARY INSIGHTS                241

14.3        KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL   242

14.4        AVAILABLE CUSTOMIZATION     244

14.5        RELATED REPORTS           244

14.6        AUTHOR DETAILS             245

 

 

 

Modified Starch Market by Raw Material (Corn, Cassava, Potato, Wheat), End-User (Food & Beverages, Feed, and Industrial), Form (Dry and Liquid), and R...

Publisher:        MarketsandMarkets

# of Pages:        219

Rating: 

1 User License $4,950

Publication Date:  April, 2022

Price:       $4,950 / User License




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

Fruit and Vegetable Processing Market by Product Type (Fresh, Fresh-cut, Canned, Frozen, Dried & Dehydrated, Convenience), Equipment Type, Operation (...

Publisher:        MarketsandMarkets

# of Pages:        424

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Publication Date:  April, 2022

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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