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World - Vegetable - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

World - Vegetable - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Jan 23, 2023

Vegetable Market is Driven by Population Growth and Rising Health Consciousness among Middle-Class Consumers

Vegetable Market Overview

The global vegetable market is expected to reach $1.7 trillion in 2030, growing with a CAGR of +3.1% from 2022 to 2030. The market is driven by the growing health consciousness among consumers, the increasing preference for plant-based diets and an increased demand for processed and packaged foods.

The demand for organic vegetables is also on the rise, as consumers are becoming more aware of the benefits of consuming products that are free from pesticides and other harmful chemicals. This trend is especially strong in developed countries, where consumers are willing to pay premium prices for organic products.

The Asia-Pacific region is expected to be the fastest-growing market for vegetables, due to the rapidly expanding population and urbanization in countries such as China and India. The increasing disposable incomes of consumers in these countries are also driving the growth of the vegetable market.

Some of the key players operating in this market include Dole Food Company, Inc., Nestlé S.A., General Mills, Inc., Conagra Brands, Inc., Kraft Heinz Company, Kellogg Company, Campbell Soup Company, and Unilever plc.

Vegetable Market Challenges

The global vegetable market is currently in a state of flux. A number of factors, including weather conditions, economic conditions, and political instability, have led to a situation where the supply of vegetables is not meeting the demand. This has resulted in higher prices for many types of vegetables, and has created a challenge for consumers who are trying to eat healthy on a budget.

In addition, the vegetable industry is also facing some challenges. For example, there has been a decrease in the amount of farmland available for cultivation, and an increase in the amount of water needed to grow crops. This decrease is a result of many factors, including urbanization, deforestation, and climate change and has had a number of consequences, like an increase in food prices and a drop in the availability of fresh produce. These factors have also led to a situation where vegetable growers are struggling to produce enough vegetables to meet the demand.

Another challenge facing the global vegetable market is stringent regulation on the use of fertilizers. In many countries, there are restrictions on the types and amounts of fertilizer that can be used on crops. These regulations are designed to protect the environment from the potential negative effects of fertilizer runoff, such as water pollution and eutrophication. However, they can also make it more difficult and expensive for farmers to produce vegetables.

Despite these challenges, there are still some bright spots in the global vegetable market. For example, new technologies are being developed that could help farmers increase their yields. In addition, some countries are beginning to see an increase in their domestic production of vegetables. This is providing hope that the global vegetable market will eventually stabilize and begin to recover from its current challenges.

Top-5 Vegetable Producers

With a vegetable production output of about 660 million metric tons in 2022, China is by far the world's top vegetable producer. The country's massive population and high demand for vegetables make it a key player in the global vegetable market.

India is the second largest producer of vegetables in the world, with an output of around 179 million metric tons in 2022. The country has a large and growing population, which is one of the main drivers of demand for vegetables.

The United States is the third largest producer of vegetables in the world, with an output of just over 48 million metric tons in 2022. The country has a large and diverse population, with a significant number of people from all over the world who have made their home in the United States. This diversity is reflected in the types of vegetables that are consumed in the country.

Russia is the fourth largest producer of vegetables in the world, with an output of just over 34 million metric tons in 2022. Turkey has a large and growing population, which is one of the main drivers behind the country's strong demand for vegetables.

Turkey rounds out the top five countries for vegetable production, with an output of just over 30 million metric tons in 2022. Turkey has a large population and a high demand for vegetables, due to cultural preferences.

Climate Change Impact on Vegetable Market

Climate change is already having a significant impact on the global vegetable market and is expected to continue doing so in the coming years. Extreme weather events are becoming more frequent and intense, and this is impacting both the production and distribution of vegetables.

In terms of production, climate change is causing an increase in pests and diseases, which are decimating crops. Droughts are also becoming more common, leading to lower yields. All of these factors are driving up the cost of vegetables, as farmers struggle to maintain their operations.

Distribution is also being impacted by climate change. Extreme weather events are disrupting transportation networks, making it difficult to get vegetables from farmers to consumers. Additionally, changing patterns in precipitation are resulting in shortages of certain vegetables in certain regions.

All of these impacts are expected to continue in the future as climate change worsens. This will likely lead to even higher prices for vegetables, as well as disruptions in supply.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global vegetable 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 116 - Potatoes
  • FCL 388 - Tomatoes, fresh
  • FCL 402 - Onions, shallots (green)
  • FCL 403 - Onions, dry
  • FCL 406 - Garlic
  • FCL 407 - Leeks and other alliaceous vegetables
  • FCL 393 - Cauliflowers and broccoli
  • FCL 372 - Lettuce and chicory
  • FCL 426 - Carrot
  • FCL 397 - Cucumbers and gherkins
  • FCL 417 - Peas, green
  • FCL 414 - Beans, green
  • FCL 423 - String Beans
  • FCL 367 - Asparagus
  • FCL 399 - Eggplants
  • FCL 401 - Chillies and peppers (green)
  • FCL 373 - Spinach
  • FCL 260 - Olives
  • FCL 394 - Pumpkins, squash and gourds
  • FCL 463 - Vegetables, Fresh n.e.s.
  • FCL 446 - Green Corn (Maize)
  • FCL 430 - Okra
  • FCL 394 - Pumpkins, squash and gourds
  • FCL 378 - Cassava leaves
  • FCL 366 - Artichokes
  • FCL 260 - Olives
  • FCL 358 - Cabbages
  • FCL 449 - Mushrooms
  • FCL 366 - Artichokes

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ 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

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 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. 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

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023

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