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Processed tomatoes are utilized in the preparation of numerous ready-to-eat (RTE) food products. The escalating demand for these products on account of hectic schedules, rapid urbanization and increasing per capita income levels represent one of the key factors impelling the market growth.
Consistent development in the packaging of processed tomato products ensures safe distribution and longer shelf life. This represents one of the significant trends in the industry.
Due to the spread of the coronavirus disease (COVID-19), there is a rise in demand for processed tomato products as they are easy to use and store.
The global tomato processing market reached a volume of 43.4 Million Tons in 2021.
According to the estimates by IMARC Group, the global tomato processing market is expected to exhibit a CAGR of 3.8% during 2022-2027.
On the basis of the product type, the market has been divided into sauces, paste, canned tomatoes, ketchup, juice and others.
Based on the distribution channel, the market has been bifurcated into business-to-business (B2B) and retail market (supermarkets/hypermarkets, specialty stores, convenience stores, online and others).
Region-wise, the market has been segmented into North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others); Europe (the United Kingdom, Germany, France, Italy, Spain, Russia and others); Latin America (Brazil, Mexico and others); and Middle East and Africa (Turkey, Iran and others).
Leading industry players are The Morning Star Company, COFCO Tunhe Tomato Co., Ltd., Xinjiang Chalkis Co., Ltd, Ingomar Packing Company, LLC, Conagra Brands, Inc., Olam International Limited, Los Gatos Tomato Products, China Haohan Group Limited, CSC BRANDS, L.P, Neil Jones Food Company, Stanislaus Food Products, CIO Interregional Fruit and Vegetable Consortium Scarl, Sugal Group, Pacific Coast Producers, Kagome Inc., CONESA Group, Tat G?da Sanayi A.?, Del Monte Foods Inc., Xinjiang Guannong Tomato Products Co., Ltd., and Mutti S.p.A. Industria.
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