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World - Tomatoes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGlobal Tomato Market: Increasing Popularity of Western-Style Fast Food in Asia to Buoy Market Growth
IndexBox has just published a new report "World - Tomato - Market Analysis, Forecast, Size, Trends and Insights". Here is a summary of the report's key findings.
The global tomato market revenue amounted to $X in 2017, surging by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +X% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2011, with an increase of X% y-o-y. Global tomato consumption peaked in 2017, and is expected to retain its growth in the near future.
Tomatoes can be classed as one of the most important crops in the world, as a result of robust demand. Tomatoes are consumed in two main segments, in their fresh form and in their processed form, as tomato paste and other canned tomato products. Despite the fact that these two segments shape the demand for tomatoes as a product overall, each sector is developing in different ways: consumer segment growth is being generated by the requirements or demand in the processing segment; demand for tomato paste is set to be a tangible driving force on the tomato market.
In 2017, the global consumption of tomatoes amounted to X tons (IndexBox estimate), increasing by X% against the previous year. The total consumption volume increased at an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed over the period under review. The pace of growth appeared the most rapid in 2009, with an increase of X% from the previous year. Over the period under review, global tomato consumption attained its maximum volume in 2017, and is likely to continue its growth in the near future.
The U.S., China and India Remain The Largest Tomato Consumers Worldwide
The country with the largest volume of tomato consumption was China (X tons), accounting for X% of total consumption. Moreover, tomato consumption in China exceeded the figures recorded by the world's second largest consumer, India (X tons), threefold. The third position in this ranking was occupied by the U.S. (X tons), with a X% share.
From 2007 to 2017, the average annual rate of growth in terms of the volume of tomato consumption in China stood at +X%. The remaining consuming countries recorded the following average annual rates of consumption: India (+X% per year) and the U.S. (-X% per year).
As forecasted by IndexBox, China, India and the USA remain key consumers of tomatoes. Per capita incomes are expected to grow by around X% in China with an increasing middle class. Given the ongoing process of urbanization, the above mentioned trend of the increasing popularity of western-type fast-food is particularly substantial for food market in China, thereby to a large extent sharpening the demand for tomatoes. In India, this is also a factor, along with a large and growing population and their incomes.
In the U.S., tomatoes remain a very popular product, with the main drivers of market growth being the popularity of tomato sauces and barbecues within the American cuisine, and the growing consumption of fast food, where tomato paste and ketchup are used widely. On the other hand, the increased attention to health and the environment is also generating interest in organically produced tomatoes. The tomato processing industry in the U.S. also will remain strong, driven by not only domestic, but also global demand. Thus, tomato consumption in the U.S. is to be shaped by population growth, not to mention a surge of new immigrants who eat vegetable-intensive diets.
Global Tomato Consumption Is To Continue Robust Growth
Since tomatoes are an established and popular product, there are currently no evident prerequisites for a change in consumer preferences. In this case, population growth and increases in household income are set to be key impetus factors with regard to the further expansion of the global tomato market. In addition, improvements in tomato harvesting and storage technology, combined with the establishment of more effective distribution networks will reduce crop losses and increase consumption.
Moreover, the processing segment will also continue to make a significant contribution to the further expansion of the tomato market. Tomato sauces remain a staple of global cuisine. It is forecast, therefore, that demand for tomato paste will remain steady, thereby supporting the tomato processing sector. Demand for processed tomatoes will increase in the traditional regions and countries of consumption, such as the USA, Canada and Europe, as well as in Asia. As a result of the rapid urbanisation process and the increasing popularity of Western-style cuisine and fast food in Asia, the ongoing use of both fresh and processed tomatoes for sandwiches, pizza and other products in "fast food" establishments should promote the growth of the tomato market.
Driven by increasing demand for tomatoes worldwide, the market is expected to continue an upward consumption trend over the next eight year period. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +X% for the eight-year period from 2017 to 2025, which is projected to bring the market volume to X tons by the end of 2025.
Do you want to know more about global tomato market? Get the latest trends and insight from our report. It includes a wide range of statistics on:
- tomato market share
- tomato prices
- tomato industry
- tomato sales
- tomato import
- tomato export
- tomato market forecast
- tomato price forecast
- key tomato producers
All data provided in this article covers the following product: HS X - Tomatoes.
This report provides an in-depth analysis of the global tomato market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 388 - Tomatoes, fresh
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Company coverage:
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023