Tomato Processing Market Outlook:
The IMARC Group's latest research report, titled “Tomato Processing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032″, The global tomato processing market size reached 46.9 Million Tons in 2023. Looking forward, IMARC Group expects the market to reach 63.3 Million Tons by 2032, exhibiting a growth rate (CAGR) of 3.3% during 2024-2032.
Tomato processing includes converting tomatoes into a variety of products such as sauce, paste, juice, ketchup, canned tomatoes. Common stages in the process include sorting, washing, peeling, chopping, heating, packaging. Tomatoes are also graded by size and ripeness once harvested. From that point, the pieces are washed and may then begin a peeling process with steam or chemical treatment. The tomatoes are chopped or crushed after peeling as well, depending on what the final product is that needed done with them. The tomatoes are then processed in different forms to be packaged in cans or bottles or Tetra Packs and sold in stores. Tomato processing is widely utilized in the form of various culinary uses, from pasta sauces, soups and pizzas to industrial applications and cosmetics and pharmaceutical production. Value addition through processing of tomatoes increases their shelf life which in turn results in less food wastage and makes them available year-round.
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Tomato Processing Growth and Development:
The tomato segment of the processing market shows several levels of consistent leadership, through both brand-forward strategies and broad market-capture strategies. Some of the well-known companies including The Kraft Heinz Company, Conagra Brands, Inc., Del Monte Foods, Inc., and Campbell Soup Company. These companies consistently put money into research and development (R&D) to support their products, targeting the customers perspective on taste, nutrient content and customer preference. For instance, The Kraft Heinz Company is one of the prominent players in the market with a growing portfolio of tomato-based products, offering new flavors, packaging formats, and healthier alternatives in line with evolving consumer tastes. The Trading Company had also been developing more sustainable tomato sourcing and processing to meet increasing consumer interest in responsibly sourced and greener products. Additionally, companies in the tomato processing market are actively engaging in strategic partnerships and acquisitions to strengthen their market position and expand their global footprint. For instance, Conagra Brands, Inc. acquired Pinnacle Foods Inc. in 2018, which not only broadened its product portfolio but also provided access to new distribution channels and markets. Such acquisitions allow companies to leverage synergies, optimize production processes, and capture a larger share of the market.
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List of Top Tomato Processing Companies Worldwide:
• COFCO Tunhe Tomato Co., Ltd.
• Xinjiang Chalkis Company Ltd.
• Ingomar Packing Co.
• ConAgra Brands, Inc.
• Olam International
• Los Gatos Tomato Products
• Campbell Soup Company
• Toma-Tek (Neil Jones Food Company)
• Stanislaus Food Products
• C.I.O. – Consorzio Interregionale Ortofrutticoli S.c.a.r.l.
• Sugal Group
• Pacific Coast Producers
• Kagome Co., Ltd.
• CONESA Group
• Tat Gida Sanayi A.S.
• Del Monte Foods, Inc.
• Xinjiang Guannong Tomato Products Co. Ltd.
• Mutti S.p.A.
• The Morning Star Company
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