Processed & Frozen Vegetables Market Size, Share, Growth Analysis, By Distribution Channels(Dried, Canned) - Industry Forecast 2024-2031

Global Processed & Frozen Vegetables Market size was valued at USD 82.23 billion in 2022 and is poised to grow from USD 85.68 billion in 2023 to USD 119.08 billion by 2031, at a CAGR of 4.2% during the forecast period (2024-2031).

In the upcoming years, market growth is anticipated to be aided by the quickly expanding processed food industry, increased food product spending, and specifically packaged veggies. Also, the demand for processed vegetables in emerging nations is rising due to the ongoing development of novel products and appealing packaging. For the purpose of enhancing product quality and lowering operating costs, a number of manufacturers are investing in the integration of automation and robotics with processing equipment, which is anticipated to fuel market expansion in the years to come. FDA and the U.S. Department of Agriculture (USDA) have both issued numerous federal regulations and standards for the management of agriculture and microbial food safety in the U.S. Consumers around the world are becoming more and more aware of the advantages of processed veggies, which has been a major driving force in the market over the past few years. Additionally, it is projected that the increasing middle-class population, along with rising disposable income and urbanisation worldwide, will fuel the expansion of the global market.