https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/
In recent years, Europe's fruit and vegetable processing industry has been challenged by sticky inflation, shifting consumer behaviour and emerging tech innovations. Swelling demand for organic produce, stemming from a hike in health-conscious consumers, has pushed processors towards more sustainable sourcing and processing methods. The change bolstered profit as processors passed higher organic costs down to consumers. Still, many consumers in countries like France and Germany have been forced to cut back on these high-margin items, switching to cheaper, locally sourced fresh food. Over the five years through 2024, revenue is projected to slump at a compound annual rate of 3.6%, reaching an estimated €113 billion in 2024. In 2024 alone, revenue is anticipated to fall by 2.7% as inflation will continue to stifle demand. In recent years, European fruit and vegetable processors have felt the pinch from Spain's dropping citrus output, currently the EU's largest source. Extreme weather conditions and rising production costs have markedly curbed revenues for Spanish farmers, causing a domino effect across Europe. The drop in citrus supply has ramped up prices for processed fruits, squeezing demand and sales. Amid surging input costs, processors have turned to technology. The industry has invested in advanced automation and AI, enhancing productivity and overall operational efficiency, reducing labour costs and bolstering product quality control. Looking ahead, processors will lean on sustainable sourcing, production methods and product innovation. Climate policies will pressure processors to prioritise local sourcing and sustainable farming, cutting down on transport emissions. The anticipated easing of inflation over the coming years will stabilise raw material costs, easing some financial pressures on processors and sparking consumer demand for high-margin processed products. Additionally, the rise of plant-based alternatives may cause industry players to diversify product lines and innovate processing techniques. Over the next five years, revenue is projected to expand at a compound annual rate of 3.7%, reaching an estimated €135.3 billion in 2029.
https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/
In recent years, Europe's fruit and vegetable processing industry has been challenged by sticky inflation, shifting consumer behaviour and emerging tech innovations. Swelling demand for organic produce, stemming from a hike in health-conscious consumers, has pushed processors towards more sustainable sourcing and processing methods. The change bolstered profit as processors passed higher organic costs down to consumers. Still, many consumers in countries like France and Germany have been forced to cut back on these high-margin items, switching to cheaper, locally sourced fresh food. Over the five years through 2024, revenue is projected to slump at a compound annual rate of 3.6%, reaching an estimated €113 billion in 2024. In 2024 alone, revenue is anticipated to fall by 2.7% as inflation will continue to stifle demand. In recent years, European fruit and vegetable processors have felt the pinch from Spain's dropping citrus output, currently the EU's largest source. Extreme weather conditions and rising production costs have markedly curbed revenues for Spanish farmers, causing a domino effect across Europe. The drop in citrus supply has ramped up prices for processed fruits, squeezing demand and sales. Amid surging input costs, processors have turned to technology. The industry has invested in advanced automation and AI, enhancing productivity and overall operational efficiency, reducing labour costs and bolstering product quality control. Looking ahead, processors will lean on sustainable sourcing, production methods and product innovation. Climate policies will pressure processors to prioritise local sourcing and sustainable farming, cutting down on transport emissions. The anticipated easing of inflation over the coming years will stabilise raw material costs, easing some financial pressures on processors and sparking consumer demand for high-margin processed products. Additionally, the rise of plant-based alternatives may cause industry players to diversify product lines and innovate processing techniques. Over the next five years, revenue is projected to expand at a compound annual rate of 3.7%, reaching an estimated €135.3 billion in 2029.
https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/
In recent years, Europe's fruit and vegetable processing industry has been challenged by sticky inflation, shifting consumer behaviour and emerging tech innovations. Swelling demand for organic produce, stemming from a hike in health-conscious consumers, has pushed processors towards more sustainable sourcing and processing methods. The change bolstered profit as processors passed higher organic costs down to consumers. Still, many consumers in countries like France and Germany have been forced to cut back on these high-margin items, switching to cheaper, locally sourced fresh food. Over the five years through 2024, revenue is projected to slump at a compound annual rate of 3.6%, reaching an estimated €113 billion in 2024. In 2024 alone, revenue is anticipated to fall by 2.7% as inflation will continue to stifle demand. In recent years, European fruit and vegetable processors have felt the pinch from Spain's dropping citrus output, currently the EU's largest source. Extreme weather conditions and rising production costs have markedly curbed revenues for Spanish farmers, causing a domino effect across Europe. The drop in citrus supply has ramped up prices for processed fruits, squeezing demand and sales. Amid surging input costs, processors have turned to technology. The industry has invested in advanced automation and AI, enhancing productivity and overall operational efficiency, reducing labour costs and bolstering product quality control. Looking ahead, processors will lean on sustainable sourcing, production methods and product innovation. Climate policies will pressure processors to prioritise local sourcing and sustainable farming, cutting down on transport emissions. The anticipated easing of inflation over the coming years will stabilise raw material costs, easing some financial pressures on processors and sparking consumer demand for high-margin processed products. Additionally, the rise of plant-based alternatives may cause industry players to diversify product lines and innovate processing techniques. Over the next five years, revenue is projected to expand at a compound annual rate of 3.7%, reaching an estimated €135.3 billion in 2029.
https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/
In recent years, Europe's fruit and vegetable processing industry has been challenged by sticky inflation, shifting consumer behaviour and emerging tech innovations. Swelling demand for organic produce, stemming from a hike in health-conscious consumers, has pushed processors towards more sustainable sourcing and processing methods. The change bolstered profit as processors passed higher organic costs down to consumers. Still, many consumers in countries like France and Germany have been forced to cut back on these high-margin items, switching to cheaper, locally sourced fresh food. Over the five years through 2024, revenue is projected to slump at a compound annual rate of 3.6%, reaching an estimated €113 billion in 2024. In 2024 alone, revenue is anticipated to fall by 2.7% as inflation will continue to stifle demand. In recent years, European fruit and vegetable processors have felt the pinch from Spain's dropping citrus output, currently the EU's largest source. Extreme weather conditions and rising production costs have markedly curbed revenues for Spanish farmers, causing a domino effect across Europe. The drop in citrus supply has ramped up prices for processed fruits, squeezing demand and sales. Amid surging input costs, processors have turned to technology. The industry has invested in advanced automation and AI, enhancing productivity and overall operational efficiency, reducing labour costs and bolstering product quality control. Looking ahead, processors will lean on sustainable sourcing, production methods and product innovation. Climate policies will pressure processors to prioritise local sourcing and sustainable farming, cutting down on transport emissions. The anticipated easing of inflation over the coming years will stabilise raw material costs, easing some financial pressures on processors and sparking consumer demand for high-margin processed products. Additionally, the rise of plant-based alternatives may cause industry players to diversify product lines and innovate processing techniques. Over the next five years, revenue is projected to expand at a compound annual rate of 3.7%, reaching an estimated €135.3 billion in 2029.
https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/
In recent years, Europe's fruit and vegetable processing industry has been challenged by sticky inflation, shifting consumer behaviour and emerging tech innovations. Swelling demand for organic produce, stemming from a hike in health-conscious consumers, has pushed processors towards more sustainable sourcing and processing methods. The change bolstered profit as processors passed higher organic costs down to consumers. Still, many consumers in countries like France and Germany have been forced to cut back on these high-margin items, switching to cheaper, locally sourced fresh food. Over the five years through 2024, revenue is projected to slump at a compound annual rate of 3.6%, reaching an estimated €113 billion in 2024. In 2024 alone, revenue is anticipated to fall by 2.7% as inflation will continue to stifle demand. In recent years, European fruit and vegetable processors have felt the pinch from Spain's dropping citrus output, currently the EU's largest source. Extreme weather conditions and rising production costs have markedly curbed revenues for Spanish farmers, causing a domino effect across Europe. The drop in citrus supply has ramped up prices for processed fruits, squeezing demand and sales. Amid surging input costs, processors have turned to technology. The industry has invested in advanced automation and AI, enhancing productivity and overall operational efficiency, reducing labour costs and bolstering product quality control. Looking ahead, processors will lean on sustainable sourcing, production methods and product innovation. Climate policies will pressure processors to prioritise local sourcing and sustainable farming, cutting down on transport emissions. The anticipated easing of inflation over the coming years will stabilise raw material costs, easing some financial pressures on processors and sparking consumer demand for high-margin processed products. Additionally, the rise of plant-based alternatives may cause industry players to diversify product lines and innovate processing techniques. Over the next five years, revenue is projected to expand at a compound annual rate of 3.7%, reaching an estimated €135.3 billion in 2029.
https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/
In recent years, Europe's fruit and vegetable processing industry has been challenged by sticky inflation, shifting consumer behaviour and emerging tech innovations. Swelling demand for organic produce, stemming from a hike in health-conscious consumers, has pushed processors towards more sustainable sourcing and processing methods. The change bolstered profit as processors passed higher organic costs down to consumers. Still, many consumers in countries like France and Germany have been forced to cut back on these high-margin items, switching to cheaper, locally sourced fresh food. Over the five years through 2024, revenue is projected to slump at a compound annual rate of 3.6%, reaching an estimated €113 billion in 2024. In 2024 alone, revenue is anticipated to fall by 2.7% as inflation will continue to stifle demand. In recent years, European fruit and vegetable processors have felt the pinch from Spain's dropping citrus output, currently the EU's largest source. Extreme weather conditions and rising production costs have markedly curbed revenues for Spanish farmers, causing a domino effect across Europe. The drop in citrus supply has ramped up prices for processed fruits, squeezing demand and sales. Amid surging input costs, processors have turned to technology. The industry has invested in advanced automation and AI, enhancing productivity and overall operational efficiency, reducing labour costs and bolstering product quality control. Looking ahead, processors will lean on sustainable sourcing, production methods and product innovation. Climate policies will pressure processors to prioritise local sourcing and sustainable farming, cutting down on transport emissions. The anticipated easing of inflation over the coming years will stabilise raw material costs, easing some financial pressures on processors and sparking consumer demand for high-margin processed products. Additionally, the rise of plant-based alternatives may cause industry players to diversify product lines and innovate processing techniques. Over the next five years, revenue is projected to expand at a compound annual rate of 3.7%, reaching an estimated €135.3 billion in 2029.
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https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/
In recent years, Europe's fruit and vegetable processing industry has been challenged by sticky inflation, shifting consumer behaviour and emerging tech innovations. Swelling demand for organic produce, stemming from a hike in health-conscious consumers, has pushed processors towards more sustainable sourcing and processing methods. The change bolstered profit as processors passed higher organic costs down to consumers. Still, many consumers in countries like France and Germany have been forced to cut back on these high-margin items, switching to cheaper, locally sourced fresh food. Over the five years through 2024, revenue is projected to slump at a compound annual rate of 3.6%, reaching an estimated €113 billion in 2024. In 2024 alone, revenue is anticipated to fall by 2.7% as inflation will continue to stifle demand. In recent years, European fruit and vegetable processors have felt the pinch from Spain's dropping citrus output, currently the EU's largest source. Extreme weather conditions and rising production costs have markedly curbed revenues for Spanish farmers, causing a domino effect across Europe. The drop in citrus supply has ramped up prices for processed fruits, squeezing demand and sales. Amid surging input costs, processors have turned to technology. The industry has invested in advanced automation and AI, enhancing productivity and overall operational efficiency, reducing labour costs and bolstering product quality control. Looking ahead, processors will lean on sustainable sourcing, production methods and product innovation. Climate policies will pressure processors to prioritise local sourcing and sustainable farming, cutting down on transport emissions. The anticipated easing of inflation over the coming years will stabilise raw material costs, easing some financial pressures on processors and sparking consumer demand for high-margin processed products. Additionally, the rise of plant-based alternatives may cause industry players to diversify product lines and innovate processing techniques. Over the next five years, revenue is projected to expand at a compound annual rate of 3.7%, reaching an estimated €135.3 billion in 2029.