Global Tomato Processing Market Share, Size, Growth, Trends and Forecast 2018-2023

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Global Tomato Processing Market to Reach 48
Million Tons by 2023

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Report Description and Highlights
Report Description
Global Tomato Processing Market to Reach 48
Million Tons by 2023 The global tomato
processing market has experienced a healthy
growth over the past several years. This can be
accredited to the changing lifestyle and
increasing spending power of the consumers
coupled with the innovative product
packaging. Tomatoes are rich source of
potassium, minerals, vitamin A, vitamin C and
fibres owing to which they are considered as a
vital food crop. The majority of tomatoes are
freshly consumed while the leftover is used by
the tomato processing industry. Tomatoes are
extensively used in households, fast food joints,
hotels, restaurants and food processing
industries to prepare purees, soups, ketchups,
pickles, juices, sauces, etc. A new research
report by IMARC Group, titled Tomato Processing
Market Global Industry Trends, Share, Size,
Growth, Opportunity and Forecast 2018-2023,
estimates that the market crossed the volume of
38.9 Million Tons in 2017. The report further
anticipates the market to reach a volume of 48
Million Tons by 2023, at a projected CAGR of 3.7
over the forecast period.
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Report Description and Highlights
Report Description

• Global Tomato Processing Market
  Drivers/Constraints
• The growing preference for fast food, especially
  by the young generation, has resulted in the
  increasing demand for processed tomato products
  such as ketchup and sauces. This is further
  expected to spur the growth of the tomato
  processing market across the globe.
• The unique packaging techniques offered by the
  manufacturers have resulted in safe distribution
  and a longer shelf-life of tomato-based products.
  This has positively influenced the growth of
  global tomato processing market.
• Some of the other factors contributing to the
  growth of global tomato processing market are
  changing dietary habits, rapid urbanisation,
  population growth, rising disposable income and
  the accelerated demand from the emerging market.
• However, tomato contains lycopene compounds which
  can also aggravate the symptoms of stomach ulcers
  and other health issues if consumed in high
  amounts. This is anticipated to hamper the growth
  of the tomato processing industry.
•  
• Read full report _at_ https//www.imarcgroup.com/to
  mato-processing-plant

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Report Description and Highlights
Report Description
Product Type Insights On the basis of product
type, the market is segmented into sauces,
pastes, canned tomatoes, ketchups and juices.
Currently, sauces account for nearly a third of
the total processed tomato consumption,
representing the most popular product
type. Regional Insights On the basis of
geography, the United States currently represents
the largest market for tomato processing industry
due to the high consumption of processed tomatoes
in the form of sauces, juice and tomato paste.
Other major countries include Italy, China,
Turkey, Iran, Spain and Brazil. Request Sample
Of The Report https//www.imarcgroup.com/request?
typereportid637flagB  
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Report Description and Highlights
Report Description

• Competitive Landscape
• The market is highly fragmented with the presence
  of numerous small and large manufacturers who
  compete in terms of price, quality, production
  and geographical reach. Some of the leading
  players operating in the market are
• Morning Star
• Tunhe
• Chalkis
• Ingomar Packing
• JG Boswell.
•  
• Browse more related reports
• Cocoa Processing Market https//www.imarcgroup.co
  m/cocoa-processing-plant
• Cassava Processing Market https//www.imarcgroup.
  com/cassava-processing-plant

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Report Description and Highlights
Report Description

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