Strong Prospects for the Tomato Processing Industry
Driven by the growth of the fast food industry and convenient snacking, the demand of processed tomato products has been growing rapidly throughout the world. This is providing tremendous scope for anyone who plans to venture into setting up a tomato processing plant.
Tomato currently represents the world’s largest vegetable crop after potato and sweet potato and tops the list of canned vegetables. It originated in the region extending from Ecuador to Chile in the western coastal plain of South America and was first domesticated in Mexico. Today, tomato is not only sold fresh but also as a processed product such as paste, soup, juice, sauce, powder and concentrate. Earlier, Europe and the Americas represented the most important producers, but today it is produced in more than 144 countries, with China being the biggest producer. Tomato processing began in 1847, when Harrison Woodhull Crosby, the chief gardener at Lafayette College developed a crude method of canning tomatoes. Prior to 1890 all tomato canning was done manually. Industry techniques improved canning process and tomato juice came on the market with the development of the juice extractor in the 1920s. In the late 1960s, mechanical harvesting became a reality and this drove the industry to develop better techniques for bulk handling and processing. A worldwide tomato processing industry has since evolved. In 2014, an estimated 34 Million Tons of tomatoes were processed globally with the United States being the biggest producer, followed by Italy. Their position, however, is now being threatened by China where the tomato processing industry is currently growing rapidly. Currently the top 10 global tomato processing firms account for around 40% of the total global production. Of these firms, 6 are headquartered in the United States, 3 in China and 1 in Singapore. California based Morning Star currently represents the world’s biggest tomato processing company accounting for around 10% of the total global production.
In most cases, the industrial processing of tomatoes into different end-products includes several temperature treatment steps, such as drying, heating, pasteurizing, etc. These treatments have various purposes, such as to deactivate microorganisms or enzymes, to decrease the moisture content and concentrate the product or to soften the tissue in order to separate fruit from skin. During such treatments, several additional changes can occur to affect the appearance, composition, nutritional value and sensory properties in terms of colour, texture and flavour of the product. Processed tomato products have wide applications in household consumption, food processing industry, snack foods, hotels, restaurants and fast food joints. The main factors that drive the processed tomato products industry is the growth in the fast food industry and convenient snacking. This, in turn, is fuelled by several factors, such as an increase in the number of teenagers and youngsters with higher spending power, increase in the working population especially women, change in food consumption patterns, etc.
Processed tomato products are very popular throughout the world, providing tremendous scope for anyone who ventures into setting up a plant for manufacturing processed tomato products. Experts at IMARC Group have identified this opportunity and released their latest report titled, “Tomato Processing Plant Project Report: Industry Trends, Manufacturing Process, Machinery, Raw Materials, Cost and Revenue”. This report gives a comprehensive insight into all the aspects of setting up a tomato processing plant, including: •
Market size and region wise trend
•
Key players
•
Key risk and success factors
•
Process flow for production of tomato paste and sauce
•
Various types of unit operations involved
•
Land, location and site development requirements
•
Plant layout
•
Plant machinery requirements
•
Raw materials, utilities and manpower requirements
•
Capital investments
•
Operating costs
•
Incomes and expenditures of the plant
•
Profits
•
Cash flows
To buy the complete report and know more about the feasibility of setting-up a tomato processing plant, please visit: http://www.imarcgroup.com/tomato-processing-plant
About IMARC Group The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results. To know more about our company Please visit website: http://www.imarcgroup.com/ Contact Email: sales@imarcgroup.com