The global Evaporated Vegetable Market Comprehensive Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Type (Organic, Conventional), By Application (Food Manufacturer, Food Service, Retail)
In 2024, the Evaporated Vegetable market is witnessing robust growth, driven by the increasing demand for long-lasting and nutritious vegetable products. Evaporated vegetables, which retain most of their nutrients and flavor, are popular in convenience foods, meal kits, and emergency food supplies. The market benefits from advancements in dehydration and preservation technologies, the growing trend of healthy eating, and the expansion of the convenience food sector. Additionally, the rising popularity of plant-based diets and the increasing focus on food sustainability are contributing to market growth.
The market report analyses the leading companies in the industry including Archer Daniels Midland Company (ADM), BTSA Biotecnologías Aplicadas, Cayman Chemical Company, Chihon Biotechnology, Chr. Hansen Holding, Dumoco, DuPont de Nemours Inc, Galactic, Handary, Kalsec, Kemin Industries, Kerry Group Plc, MAYASAN Food Industries, Merck KGaA, Naturex, Royal DSM N.V., Siveele, Wiley Organics, Zhengzhou Bainafo Bioengineering, and Others.
The market for evaporated vegetables is experiencing a prominent trend towards the growing preference for shelf-stable and convenient food options. Consumers are seeking foods that offer longer shelf life, easy storage, and quick meal preparation without compromising on nutrition or flavor. Evaporated vegetables, processed to remove excess moisture while retaining nutrients and flavor, align with this trend by providing a convenient and versatile ingredient for various culinary applications. This trend is driven by busy lifestyles, the need for pantry staples, and the desire for healthy, ready-to-use ingredients in cooking and meal preparation.
A major driver for the evaporated vegetable market is the demand for nutrient-rich and sustainable food solutions. As consumers become more health-conscious and environmentally aware, there is an increased focus on incorporating nutritious foods into daily diets while minimizing food waste and environmental impact. Evaporated vegetables offer a sustainable solution by extending the shelf life of perishable produce, reducing food waste, and providing a convenient way to add vegetables to meals year-round. This consumer demand for nutrient-dense, sustainable, and convenient food options supports the growth of the evaporated vegetable market.
The evaporated vegetable market presents a significant opportunity for diversification and innovation in product offerings. Food manufacturers and processors can explore a wide range of vegetable varieties, blends, and formulations to meet diverse consumer preferences and culinary needs. This opportunity includes developing new flavors, seasonings, and packaging formats that enhance the versatility, convenience, and appeal of evaporated vegetables for consumers, restaurants, and foodservice providers. Additionally, expanding distribution channels, promoting the nutritional benefits, and educating consumers about the usage and benefits of evaporated vegetables can unlock new market segments, drive consumer adoption, and stimulate growth in the evolving market for evaporated vegetables.
The largest segment in the Evaporated Vegetable Market is the Conventional Type. Conventional evaporated vegetables refer to those produced using traditional farming methods that may involve the use of synthetic pesticides, fertilizers, and genetically modified organisms (GMOs). Despite the rising popularity of organic food products, the conventional segment still dominates the market due to various factors. Firstly, conventional farming methods often result in higher yields and lower production costs, making conventional evaporated vegetables more affordable for consumers on a budget. Additionally, conventional farming practices are well-established and widely adopted, leading to a larger supply chain and distribution network for conventional evaporated vegetables compared to their organic counterparts. Further, consumer preferences and purchasing habits also contribute to the dominance of the conventional segment, as some consumers prioritize cost and availability over organic certification. However, it's essential to note that consumer awareness about health and environmental concerns is increasing, leading to a gradual shift towards organic and sustainable food options. As a result, while the conventional segment remains the largest, the organic segment is experiencing faster growth driven by changing consumer preferences and market trends.
The fastest growing segment in the Evaporated Vegetable Market is the Food Manufacturer Application. This segment encompasses companies involved in food processing and manufacturing, such as packaged food companies, ready-to-eat meal manufacturers, and food ingredient suppliers. The growth of this segment is driven by several key factors. Firstly, there is a rising demand for convenience foods and processed ingredients due to changing consumer lifestyles and busy schedules, leading to an increased need for evaporated vegetables as ingredients in various food products. Additionally, food manufacturers are increasingly focusing on developing healthier and more nutritious products, leading them to incorporate more vegetables, including evaporated vegetables, into their formulations. Further, advancements in food processing technologies and packaging techniques have made it easier for food manufacturers to use evaporated vegetables without compromising on taste, texture, or nutritional value. Furthermore, evolving consumer preferences towards natural and clean-label products are also driving the demand for evaporated vegetables among food manufacturers seeking to offer healthier and more transparent food options to consumers. Overall, the Food Manufacturer Application segment is experiencing rapid growth and is expected to continue expanding significantly in the coming years due to these market dynamics and industry trends.
By Type
Organic
Conventional
By Application
Food Manufacturer
Food Service
Retail
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Archer Daniels Midland Company (ADM)
BTSA Biotecnologías Aplicadas
Cayman Chemical Company
Chihon Biotechnology
Chr. Hansen Holding
Dumoco
DuPont de Nemours Inc
Galactic
Handary
Kalsec
Kemin Industries
Kerry Group Plc
MAYASAN Food Industries
Merck KGaA
Naturex
Royal DSM N.V.
Siveele
Wiley Organics
Zhengzhou Bainafo Bioengineering
*- List Not Exhaustive
Chapter 1. TABLE OF CONTENTS
Chapter 2. Introduction to Evaporated Vegetable Market
2.1. Market Overview
2.2. Key Statistics and Report Highlights
2.3. Scope of the Comprehensive Study
2.3.1. Market Definition
2.3.2 Countries and Regions Covered
2.3.3 Research Objective
2.3.4 Units, Currency, and Conversions
2.3.5 Industry Value Chain
2.4. Key Market Segments
2.5. Key Companies
2.6. Study Period
Chapter 3. Strategic Analysis Review
3.1. Evaporated Vegetable Pricing Analysis and Forecast
3.2. Porter’s Five Forces
3.3. Market Ecosystem
3.4. SWOT Analysis
3.5. Regulatory Scenario
3.3. Effects of Inflation, Russia-Ukraine War, moderating economic growth, and other macroeconomic factors
Chapter 4. Competitive Landscape
4.1. Market Share Analysis
4.1.1. Global Evaporated Vegetable Market Share by Company, 2023
4.1.2. Product Offerings of Leading Evaporated Vegetable Companies
4.2. Market Entropy
4.2.1. New Product Launches in the Industry
4.2.2. Mergers, Acquisitions, Joint ventures, and Partnerships
4.3. Key Strategies and Best Practices
Chapter 5. Global Market Projections: Best, Reference, and Low Case Scenarios
5.1. Growth Analysis- Case Scenario Definitions
5.2. Low Growth Case Scenario Forecasts
5.3. Reference Growth Case Scenario Forecasts
5.4. High Growth Case Scenario Forecasts
Chapter 6. Market Dynamics
6.1. Evaporated Vegetable Market Drivers
6.2. Evaporated Vegetable Market Challenges
6.6. Evaporated Vegetable Market Opportunities
6.4. Evaporated Vegetable Market Trends
Chapter 7. Global Evaporated Vegetable Market Outlook Trends
7.1. Global Evaporated Vegetable Revenue (USD Million) and CAGR (%) by Type (2021-2032)
7.2. Global Evaporated Vegetable Revenue (USD Million) and CAGR (%) by Application (2021-2032)
7.3. Global Evaporated Vegetable Revenue (USD Million) and CAGR (%) by Product (2021-2032)
By Type
Organic
Conventional
By Application
Food Manufacturer
Food Service
Retail
Chapter 8. Global Evaporated Vegetable Regional Analysis and Outlook
8.1. Global Evaporated Vegetable Revenue (USD Million) By Regions (2021- 2032)
8.2. North America Evaporated Vegetable Revenue (USD Million) by Country (2021-2032)
8.2.1. United States Evaporated Vegetable Regional Analysis and Outlook
8.2.2. Canada Evaporated Vegetable Regional Analysis and Outlook
8.2.3. Mexico Evaporated Vegetable Regional Analysis and Outlook
8.3. Europe Evaporated Vegetable Revenue (USD Million), by Country (2021-2032)
8.3.1. Germany Evaporated Vegetable Regional Analysis and Outlook
8.3.2. France Evaporated Vegetable Regional Analysis and Outlook
8.3.3. United Kingdom Evaporated Vegetable Regional Analysis and Outlook
8.3.4. Spain Evaporated Vegetable Regional Analysis and Outlook
8.3.5. Italy Evaporated Vegetable Regional Analysis and Outlook
8.3.6. Russia Evaporated Vegetable Regional Analysis and Outlook
8.3.7. Rest of Europe Evaporated Vegetable Regional Analysis and Outlook
8.4. Asia Pacific Evaporated Vegetable Revenue (USD Million) by Country (2021-2032)
8.4.1. China Evaporated Vegetable Regional Analysis and Outlook
8.4.2. Japan Evaporated Vegetable Regional Analysis and Outlook
8.4.3. India Evaporated Vegetable Regional Analysis and Outlook
8.4.4. South Korea Evaporated Vegetable Regional Analysis and Outlook
8.4.5. Australia Evaporated Vegetable Regional Analysis and Outlook
8.4.6. South East Asia Evaporated Vegetable Regional Analysis and Outlook
8.4.7. Rest of Asia Pacific Evaporated Vegetable Regional Analysis and Outlook
8.5. South America Evaporated Vegetable Revenue (USD Million), by Country (2021-2032)
8.5.1. Brazil Evaporated Vegetable Regional Analysis and Outlook
8.5.2. Argentina Evaporated Vegetable Regional Analysis and Outlook
8.5.3. Rest of South America Evaporated Vegetable Regional Analysis and Outlook
8.6. Middle East and Africa Evaporated Vegetable Revenue (USD Million) by Country (2021-2032)
8.6.1. Middle East Evaporated Vegetable Regional Analysis and Outlook
8.6.2. Africa Evaporated Vegetable Regional Analysis and Outlook
Chapter 9. North America Evaporated Vegetable Analysis and Outlook
9.1. North America Evaporated Vegetable Revenue (USD Million) by Segments (2021-2032)
9.1.1. North America Evaporated Vegetable Revenue (USD Million) by Type (2021-2032)
9.1.2. North America Evaporated Vegetable Revenue (USD Million) by Application (2021-2032)
9.1.3. North America Evaporated Vegetable Revenue (USD Million) by Product (2021-2032)
By Type
Organic
Conventional
By Application
Food Manufacturer
Food Service
Retail
Chapter 10. Europe Evaporated Vegetable Analysis and Outlook
10.1. Europe Evaporated Vegetable Revenue (USD Million), by Segments (USD Million) (2021-2032)
10.1.1. Europe Evaporated Vegetable Revenue (USD Million) by Type (2021-2032)
10.1.2. Europe Evaporated Vegetable Revenue (USD Million) by Application (2021-2032)
10.1.3. Europe Evaporated Vegetable Revenue (USD Million) by Product (2021-2032)
By Type
Organic
Conventional
By Application
Food Manufacturer
Food Service
Retail
Chapter 11. Asia Pacific Evaporated Vegetable Analysis and Outlook
11.1. Asia Pacific Evaporated Vegetable Revenue (USD Million), and Revenue (USD Million) by Segments (2021-2032)
11.1.1. Asia Pacific Evaporated Vegetable Revenue (USD Million) by Type (2021-2032)
11.1.2. Asia Pacific Evaporated Vegetable Revenue (USD Million) by Application (2021-2032)
11.1.3. Asia Pacific Evaporated Vegetable Revenue (USD Million) by Product (2021-2032)
By Type
Organic
Conventional
By Application
Food Manufacturer
Food Service
Retail
Chapter 12. South America Evaporated Vegetable Analysis and Outlook
12.1. South America Evaporated Vegetable Revenue (USD Million), by Segments (2021-2032)
12.1.1. South America Evaporated Vegetable Revenue (USD Million) by Type (2021-2032)
12.1.2. South America Evaporated Vegetable Revenue (USD Million) by Application (2021-2032)
12.1.3. South America Evaporated Vegetable Revenue (USD Million) by Product (2021-2032)
By Type
Organic
Conventional
By Application
Food Manufacturer
Food Service
Retail
Chapter 13. Middle East and Africa Evaporated Vegetable Analysis and Outlook
13.1. Middle East and Africa Evaporated Vegetable Revenue (USD Million), by Segments (2021-2032)
13.1.1. Middle East and Africa Evaporated Vegetable Revenue (USD Million) by Type (2021-2032)
13.1.2. Middle East and Africa Evaporated Vegetable Revenue (USD Million) by Application (2021-2032)
13.1.3. Middle East and Africa Evaporated Vegetable Revenue (USD Million) by Product (2021-2032)
By Type
Organic
Conventional
By Application
Food Manufacturer
Food Service
Retail
Chapter 14. Evaporated Vegetable Company Profiles
14.1 Business Overview
14.2 Product Profiles
14.3 SWOT Profiles
14.5 Recent Developments
14.6 Financial Profile
List of Companies
Archer Daniels Midland Company (ADM)
BTSA Biotecnologías Aplicadas
Cayman Chemical Company
Chihon Biotechnology
Chr. Hansen Holding
Dumoco
DuPont de Nemours Inc
Galactic
Handary
Kalsec
Kemin Industries
Kerry Group Plc
MAYASAN Food Industries
Merck KGaA
Naturex
Royal DSM N.V.
Siveele
Wiley Organics
Zhengzhou Bainafo Bioengineering
15. Methodology and Data Sources
15.1 Customization Offerings
15.2 Subscription Services
15.3 Related Reports
15.4 Publisher Expertise
LIST OF TABLES
Table 1 Market Segmentation Analysis
Table 2 Global Evaporated Vegetable Market Share of Leading Companies, 2023
Table 3 Product Offerings of Leading Companies
Table 4 Low Growth Scenario Forecasts
Table 5 Reference Case Growth Scenario
Table 6 High Growth Case Scenario
Table 7 Global Evaporated Vegetable Revenue (USD Million) And CAGR (%) By Type (2021-2032)
Table 8 Global Evaporated Vegetable Revenue (USD Million) And CAGR (%) By Application (2021-2032)
Table 9 Global Evaporated Vegetable Revenue (USD Million) And CAGR (%) By Product (2021-2032)
Table 10 Global Evaporated Vegetable Market Revenue (USD Million) By Regions (2021-2032)
Table 11 Global Evaporated Vegetable Market Share (%) By Regions (2021-2032)
Table 12 North America Evaporated Vegetable Revenue (USD Million) By Country (2021-2032)
Table 13 Europe Evaporated Vegetable Revenue (USD Million) By Country (2021-2032)
Table 14 Asia Pacific Evaporated Vegetable Revenue (USD Million) By Country (2021-2032)
Table 15 South America Evaporated Vegetable Revenue (USD Million) By Country (2021-2032)
Table 16 Middle East and Africa Evaporated Vegetable Revenue (USD Million) By Region (2021-2032)
Table 17 North America Evaporated Vegetable Revenue (USD Million) By Type (2021-2032)
Table 18 North America Evaporated Vegetable Revenue (USD Million) By Application (2021-2032)
Table 19 North America Evaporated Vegetable Revenue (USD Million) By Product (2021-2032)
Table 20 Europe Evaporated Vegetable Revenue (USD Million) By Type (2021-2032)
Table 21 Europe Evaporated Vegetable Revenue (USD Million) By Application (2021-2032)
Table 22 Europe Evaporated Vegetable Revenue (USD Million) By Product (2021-2032)
Table 23 Asia Pacific Evaporated Vegetable Revenue (USD Million) By Type (2021-2032)
Table 24 Asia Pacific Evaporated Vegetable Revenue (USD Million) By Application (2021-2032)
Table 25 Asia Pacific Evaporated Vegetable Revenue (USD Million) By Product (2021-2032)
Table 26 South America Evaporated Vegetable Revenue (USD Million) By Type (2021-2032)
Table 27 South America Evaporated Vegetable Revenue (USD Million) By Application (2021-2032)
Table 28 South America Evaporated Vegetable Revenue (USD Million) By Product (2021-2032)
Table 29 Middle East and Africa Evaporated Vegetable Revenue (USD Million) By Type (2021-2032)
Table 30 Middle East and Africa Evaporated Vegetable Revenue (USD Million) By Application (2021-2032)
Table 31 Middle East and Africa Evaporated Vegetable Revenue (USD Million) By Product (2021-2032)
LIST OF FIGURES
Figure 1. Market Scope
Figure 2. Pricing Forecasts Per Unit, 2023- 2032
Figure 3. Porter’s Five Forces
Figure 4. Global Evaporated Vegetable Market Revenue (USD Million) By Regions (2021-2032)
Figure 5. Global Evaporated Vegetable Market Share (%) By Regions (2023)
Figure 6. North America Evaporated Vegetable Revenue (USD Million) By Country (2021-2032)
Figure 7. United States Evaporated Vegetable Revenue (USD Million) By Country (2021-2032)
Figure 8. Canada Evaporated Vegetable Revenue (USD Million) By Country (2021-2032)
Figure 9. Mexico Evaporated Vegetable Revenue (USD Million) By Country (2021-2032)
Figure 10. Europe Evaporated Vegetable Revenue (USD Million) By Country (2021-2032)
Figure 11. Germany Evaporated Vegetable Revenue (USD Million) By Country (2021-2032)
Figure 12. France Evaporated Vegetable Revenue (USD Million) By Country (2021-2032)
Figure 13. United Kingdom Evaporated Vegetable Revenue (USD Million) By Country (2021-2032)
Figure 14. Spain Evaporated Vegetable Revenue (USD Million) By Country (2021-2032)
Figure 15. Italy Evaporated Vegetable Revenue (USD Million) By Country (2021-2032)
Figure 16. Russia Evaporated Vegetable Revenue (USD Million) By Country (2021-2032)
Figure 17. Rest of Europe Evaporated Vegetable Revenue (USD Million) By Country (2021-2032)
Figure 11. Asia Pacific Evaporated Vegetable Revenue (USD Million) By Country (2021-2032)
Figure 12. China Evaporated Vegetable Revenue (USD Million) By Country (2021-2032)
Figure 13. Japan Evaporated Vegetable Revenue (USD Million) By Country (2021-2032)
Figure 14. India Evaporated Vegetable Revenue (USD Million) By Country (2021-2032)
Figure 15. South Korea Evaporated Vegetable Revenue (USD Million) By Country (2021-2032)
Figure 16. Australia Evaporated Vegetable Revenue (USD Million) By Country (2021-2032)
Figure 17. South East Asia Evaporated Vegetable Revenue (USD Million) By Country (2021-2032)
Figure 18. South America Evaporated Vegetable Revenue (USD Million) By Country (2021-2032)
Figure 19. Brazil Evaporated Vegetable Revenue (USD Million) By Country (2021-2032)
Figure 20. Argentina Evaporated Vegetable Revenue (USD Million) By Country (2021-2032)
Figure 21. Rest of Asia Pacific Evaporated Vegetable Revenue (USD Million) By Country (2021-2032)
Figure 22. Middle East and Africa Evaporated Vegetable Revenue (USD Million) By Region (2021-2032)
Figure 23. Saudi Arabia Evaporated Vegetable Revenue (USD Million) By Region (2021-2032)
Figure 24. The UAE Evaporated Vegetable Revenue (USD Million) By Region (2021-2032)
Figure 25. Rest of Middle East Evaporated Vegetable Revenue (USD Million) By Region (2021-2032)
Figure 26. South Africa Evaporated Vegetable Revenue (USD Million) By Region (2021-2032)
Figure 27. Africa Evaporated Vegetable Revenue (USD Million) By Region (2021-2032)
Figure 28. North America Evaporated Vegetable Revenue (USD Million) By Type (2021-2032)
Figure 29. North America Evaporated Vegetable Revenue (USD Million) By Application (2021-2032)
Figure 30. North America Evaporated Vegetable Revenue (USD Million) By Product (2021-2032)
Figure 31. Europe Evaporated Vegetable Revenue (USD Million) By Type (2021-2032)
Figure 32. Europe Evaporated Vegetable Revenue (USD Million) By Application (2021-2032)
Figure 33. Europe Evaporated Vegetable Revenue (USD Million) By Product (2021-2032)
Figure 34. Asia Pacific Evaporated Vegetable Revenue (USD Million) By Type (2021-2032)
Figure 35. Asia Pacific Evaporated Vegetable Revenue (USD Million) By Application (2021-2032)
Figure 36. Asia Pacific Evaporated Vegetable Revenue (USD Million) By Product (2021-2032)
Figure 37. South America Evaporated Vegetable Revenue (USD Million) By Type (2021-2032)
Figure 38. South America Evaporated Vegetable Revenue (USD Million) By Application (2021-2032)
Figure 39. South America Evaporated Vegetable Revenue (USD Million) By Product (2021-2032)
Figure 40. Middle East and Africa Evaporated Vegetable Revenue (USD Million) By Type (2021-2032)
Figure 41. Middle East and Africa Evaporated Vegetable Revenue (USD Million) By Application (2021-2032)
Figure 42. Middle East and Africa Evaporated Vegetable Revenue (USD Million) By Product (2021-2032)
By Type
Organic
Conventional
By Application
Food Manufacturer
Food Service
Retail
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Global Evaporated Vegetable Market Size is valued at $XX Million in 2024 and is forecast to register a growth rate (CAGR) of 4.4% to reach $XX Million by 2032.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
Archer Daniels Midland Company (ADM), BTSA BiotecnologÃas Aplicadas, Cayman Chemical Company, Chihon Biotechnology, Chr. Hansen Holding, Dumoco, DuPont de Nemours Inc, Galactic, Handary, Kalsec, Kemin Industries, Kerry Group Plc, MAYASAN Food Industries, Merck KGaA, Naturex, Royal DSM N.V., Siveele, Wiley Organics, Zhengzhou Bainafo Bioengineering
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2032; Currency: Revenue (USD); Volume