May 17, 2022

The new report by Expert Market Research titled, ‘North America Tomato Processing Market Report and Forecast 2022-2027’, gives an in-depth analysis of the North America tomato processing market, assessing the market based on its segments like product type, distribution channel and major countries. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2017-2027)

  • Historical Market Size (2020): 11,209 KMT
  • Forecast CAGR (2022-2027): 2.7%
  • Forecast Market Size (2026): 13,623 KMT

The extensive applications of processed tomatoes in industries such as home, food processing, and snacks are expected to drive market growth in the forecast period. The increasing awareness about the health benefits of consuming tomatoes has fueled market demand further. Tomato juice contains lycopene, which is helpful in reducing inflammation. It also decreases the risk of heart diseases, along with some cancers. Rising disposable incomes, increasing population, rising production as well as consumption of tomatoes is anticipated to boost the market growth for North American tomato processing industry as tomato puree is a crucial processed product, utilised in a wide range of value-added products, including tomato juice, ketchup, sauces, and multiple other products. The market is also expected to see and uptrend due to the expanding organized retail sector and the fast-food industry booming.

Industry Definition and Major Segments

Tomato processing refers to separation of the skins and seeds and conversion of tomatoes into various end-use products like tomato paste, sauce or juice. Concentrating and drying the tomatoes to fruit or powder are traditional tomato processing methods.

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On the basis of product type, the market is segmented into:

The market is divided into the following, based on distribution channel:

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

On the basis of country, the market is divided into:

  • United States of America
  • Canada
  • Mexico

Market Trends

The continent’s thriving food and beverage industry drives the tomato processing industry. The increase in popularity of multiple snacks that involve tomato sauces or ketchup to enhance the taste of food item is assisting the industry growth, particularly in the United States. Moreover, rising demand for tomato-based foods such as tomato juice, tomato beef stew, and others, as a consequence of enhanced awareness about the benefits of these products, such as their high vitamin B, C and potassium content, is anticipated to further drive the growth of the market.

The excellent yield of tomato crop yields in the United States and Canada is strengthening the North American tomato processing industry. The elevated tomato yield has accelerated the rate of canned tomatoes, a traditional dish item in the United States. The industry has profited greatly from enhanced tomato processing capacity, as well as the availability of greenhouses in Ontario and California. Over the projected timeframe, the market is expected to be propelled by rising snacking and the expansion of fast-food chains in the region.

Key Market Players

The major players in the market are The Morning Star Company, Olam Group, Campbell Soup Company, Neil Jones Food Company, J.G. Boswell Tomato Company, Conagra Brands, Inc., Del Monte Foods Inc., CONESA Group, Stanislaus Food Products, Los Gatos Tomato Products, among others.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

Media Contact

Company Name: EMR Inc.
Contact Person: Sofia Williams, Corporate Sales Specialist – U.S.A.
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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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