Global Tomato Processing Market Report and Forecast 2024-2032

Global Tomato Processing Market Outlook

The global tomato processing market is aided by the rising production as well as consumption of processed tomatoes. In 2023, 82.54 million tons of processed tomatoes were consumed globally. Their consumption is expected to grow further, growing at a CAGR of 3.8% in the forecast period of 2024-2032 to attain 115.46 million tons in 2032.

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The global tomato processing market is also aided by the increasing production of tomatoes, globally. In 2023, their global production attained a volume of 79.52 million tons. Their production is projected to grow at a CAGR of 3.8% between 2024-2032 to reach 99.46 million tons in 2032.

The Asia Pacific is the largest producer of tomatoes accounting for over half their global production. Middle East and Africa followed Asia Pacific as their leading producer. The United States, on the other hand, is the largest tomato processing country with a global market share of over 35%. In 2017, tomatoes represented 70% of the total processing vegetables in the United States with 22, 011.7 million pounds selected for processing. They were also the leading crops in the United States in terms of processing-vegetable farm value, being worth USD 912 million in 2017.  Italy and China were also significant markets in the industry along with Turkey and Iran.

The imports of processed tomatoes from Ukraine to the EU saw a significant increase of 17% in 2017, as compared to 2016, due to be a competitive market, and due to a sharp decrease in imports from China. The Ukraine exports to the European Union of processed tomatoes will continue growing, rising by 15% in 2018, from 2017. European Union imports of fresh tomatoes saw an 8% increase supported by the 42% growth in imports from Turkey in 2017, as compared to the previous year.

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Market Segmentation

Tomatoes, initially consumed by Mexicans, spread across the globe due to the colonisation of the Americas by the Spanish. Their processing started in 1847 with manual canning. Today, tomato processing is highly organised and generates sales worth billions of dollars.

Processed tomatoes find their end-use in products like:

• Sauces
• Paste
• Canned Tomatoes
• Ketchup
• Juice
• Others

Based on distribution channels, the market can be divided into:

• Supermarkets and Hypermarkets
• Convenience Stores
• Specialty Stores
• Online Stores
• Others

The EMR report analyses the regional markets like North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

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Market Analysis

Only around one-fifth of the tomatoes produced globally are processed with the majority of them being consumed fresh. Processed tomatoes find their maximum application in sauces, which accounts for nearly 30% of their total global application. In 2018, about 12 million tons of sauces were consumed globally. Pastes are another application segment that dominated the market.

The global tomato processing market is being driven by the extensive applications of processed tomatoes in sectors like household, food processing, and snack foods. They are also used widely in the foodservice industry in hotels, restaurants, and fast food retail chains. With the fast food industry thriving globally, the market is being propelled forward. The growing organised retail sector is also providing further impetus to the market growth. The additional health benefits of processed tomatoes along with their longer shelf life is driving their demand. Tomato puree is an especially significant processed product as it finds expansive use across various value-added products like tomato juice, ketchup, paste, strained tomato pulp, pickles, pasta, pizza sauces, salsa, gravies, ready-to-eat curries, and tomato-based powder products.

The global production of processed tomatoes saw a decrease in 2018 with key markets like China experiencing a sharp decline in production. However, markets like California were still thriving with a 13% increase in 2018, as compared to the previous year. In the European Union, with Europe accounting for 11% of the global tomato production, their production for processing increased by 6% in 2017, as compared to 2016. Around 11.5 million tons of the vegetable were processed in 2017 in the EU.

Competitive Landscape

The report gives a detailed analysis of the following key players in the global tomato processing market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Campbell Soup Company (NYSE:CPB)
• J.G. Boswell Tomato Company
• Chumak Company
• Morning Star Company
• CONESA Group
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report