Tomato is a round shaped vegetable that can be eaten cooked or uncooked. They are edible, pulpy berry of the herb Solanum lycoperscium. They are of many colors, like red, yellow, orange, and more. Tomatoes are of many varieties having different tastes and applications.
Access full Report @ https://www.databridgemarketresearch.com/reports/europe-tomatoes-market
Tomatoes have a wide application in the food and beverage industries. They are used to produce soups, sauces, purees, juices, and ketchup among others. They are also used as raw vegetables in burgers, sandwiches, salads, pizza, and many more.
Tomato is an essential source in food processing industries having wide applications and also contains essential components useful for the human body. They help maintain blood pressure and healthy skin and also have anti-inflammatory action.
Data Bridge Market Research analyses that the Europe Tomatoes Market is expected to grow at a CAGR of 3.4% in the forecast period of 2023 to 2030 and is expected to reach USD 63,081.70 million by 2030. Growing tomatoes with the help of artificial intelligence is creating new opportunity for the tomatoes market to grow in the upcoming years.
Key Findings of the Study
Government initiatives to boost tomato production and the agriculture sector is expected to drive the market
Developing and cultivating new plant varieties can help farmers grow more food and adapt to climate change. This also helps scientists learn more about how plants are affected by climate change and drought and can help refine and improve the plant breeding process in many ways. The rising healthcare expense increased life expectancy, and the desire of older people to improve their quality of life have all emphasized more scientific developments. Using bioactive substances at higher concentrations than usual is one of the tactics used in developing functional foods. Despite not being particularly abundant in vitamins and antioxidants, tomatoes have emerged as an intriguing antioxidant source due to their widespread consumption. Researchers are highly interested in the enzymatic properties of tomatoes because of their easy availability. For instance, tomatoes are the first dietary source of lycopene, the second source of vitamin C and carotene, and the third dietary source of vitamin E in Spain. The carotenoid content and its implications on health have received special attention from scientists.
To protect crops for food sources, groups of plant breeders, plant physiologists, agronomists, plant biotechnologists, and experts from the IAEA, Food and Agriculture Organization of the United Nations (FAO), ICAR, and various other organizations continuously work to improve and developing new varieties of tomato to overcome various problems related to tomato production and storage, which will ultimately help the tomato market to expand in the upcoming years.
For instance,
- In July 2022, Totam Seeds, which also operates in European market, presented a new variety, SH 9133, a cherry tomato with a bright yellow color and a strong, sweet flavor. This new variety will increase tomato consumption opportunities and can be used as a fundamental ingredient for adding flavor, freshness, and aesthetic appeal to many dishes.
- In July 2020, The International Atomic Energy Agency (IAEA), in collaboration with the Food and Agriculture Organization of the United Nations (FAO), assisted the National Food and Agricultural Research and Extension Institute (FAREI) in developing new tomato varieties by irradiation. The Indian Ocean nation of Mauritius turned to nuclear technology to create new tomato types that can flourish in the rising temperatures. Farmers are now using the new heat-tolerant, high-yielding tomato seeds. This sort of joint venture has helped European farmers as well. European countries who are the member of United Nations, such as France and Germany, gained a significant amount of benefits and knowledge from the same.
Thus, continuous development, research methodology, and advancements in the agriculture sector to improve the yield and quality of the agricultural commodity will ultimately be expected to boost the Europe tomatoes market.
Report Scope and Market Segmentation
Report Metric
|
Details
|
Forecast Period
|
2023 to 2030
|
Base Year
|
2022
|
Historic Year
|
2021 (Customizable to 2015-2020)
|
Quantitative Units
|
Revenue in Million, Pricing in USD, Volume in Units
|
Segments Covered
|
Type (Cherry Tomatoes, Grape Tomatoes, Roma Tomatoes, Tomatoes On The Vine, Beefsteak Tomatoes, Heirloom Tomatoes, Green Tomatoes, and Others), Product Type (Fresh, Frozen and Dried), Category (Conventional and Organic), End User (Food Service Industry and Household/ Retail Industry) Distribution Channel (Direct and Indirect)
|
Countries Covered
|
Turkey, Russia, Spain, Italy, France, Germany, Poland, U.K., Belgium, Netherlands, Sweden, Switzerland, Finland, Denmark, Norway, and the rest of Europe
|
Market Players Covered
|
CASALASCO - SOCIETÀ AGRICOLA S.p.A (Cremona, Italy), Duijvestijn Tomatoes (Pijnacker, Netherlands), R&L Holt Ltd. (Evesham, Europe), REDSTAR Sales BV (De Lier, Netherlands), and MASTRONARDI PRODUCE LTD (Ontario, Canada) among others
|
Data Points Covered in the Report
|
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
|
Segment Analysis:
The Europe tomatoes market is segmented into five notable segments based on type, product type, category, end user, and distribution channel.
- On the basis of type, the Europe tomatoes market is segmented into cherry tomatoes, grape tomatoes, roma tomatoes, tomatoes on the vine, beefsteak tomatoes, heirloom tomatoes, green tomatoes, and others.
In 2023, the cherry tomatoes segment is expected to dominate the Europe tomatoes market
In 2023, cherry tomatoes segment is expected to dominate the Europe tomatoes market with a 22.75% market share as the cherry tomatoes segment is expected to dominate the Europe market because people are more aware of their health benefits and applicability in the food and beverage sector.
- On the basis of product type, the Europe tomatoes market is segmented into fresh, frozen, and dried.
In 2023, the fresh segment is anticipated to dominate the Europe tomatoes market
In 2023, the fresh segment is expected to dominate the Europe tomatoes market with a 51.87% market share as the fresh segment is anticipated to dominate the Europe tomatoes market due to rising awareness among consumers regarding the health benefits related to fresh produce.
- On the basis of category, the tomatoes market is segmented into conventional and organic. In 2023, the conventional segment is expected to dominate the tomatoes market with 80.20% market share.
- On the basis of end user, the tomatoes market is segmented into food service industry and household/ retail industry. In 2023, the food service industry segment is expected to dominate the Europe tomatoes market with a 69.68% market share.
- On the basis of distribution channel, the tomatoes market is segmented into direct and indirect. In 2023, the direct segment is expected to dominate the tomatoes market with a 66.37% market share.
Major Players
Data Bridge Market Research recognizes the following companies as the major market players in the Europe tomatoes market are CASALASCO - SOCIETÀ AGRICOLA S.p.A (Cremona, Italy), Duijvestijn Tomatoes (Pijnacker, Netherlands), R&L Holt Ltd. (Evesham, Europe), REDSTAR Sales BV (De Lier, Netherlands), and MASTRONARDI PRODUCE LTD (Ontario, Canada) among others among others.
Recent Developments
- In October 2022, MASTRONARDI PRODUCE LTD. is introducing new packaging for tomatoes. The packaging container is pint size which is reusable and recyclable. This package is for the company's grape tomatoes. This new packaging will benefit the company.
- In October 2022, R&L Holt Ltd. developed its nurseries on the La Serra site. The La Serra site has production features for tomatoes with a solar-powered system, which is beneficial for the company for production and sustainability.
- In June 2022, R&L Holt Ltd. introduced the new variety Xylora in their production. The variety is cherry on vine tomato with its soft texture and sweetness. This new variety will benefit the company by increasing its vine tomato offering and getting more revenue from the new variety in the market.
- In April 2022, CASALASCO - SOCIETÀ AGRICOLA S.p.A announced its partnership with the rosella brand of Australia. This partnership has led to the development of different types of new products, like tomato roasted bell pepper soup, delicious carrot & potato soup, and creamy pumpkin soup, which will definitely help in the growth of the market and company.
- In December 2021, MASTRONARDI PRODUCE LTD. is an agreement with AgriCapital Holdings Corp. This agreement will be beneficial for the company to develop the Agro Park in Panama. By this, the company can generate more revenue and invest in European business operations.
Regional Analysis
Geographically, the countries covered in the Europe tomatoes market are Turkey, Russia, Spain, Italy, France, Germany, Poland, U.K., Belgium, Netherlands, Sweden, Switzerland, Finland, Denmark, Norway, and the rest of Europe.
As per Data Bridge Market Research analysis:
Turkey is the dominant and fastest growing country in Europe tomatoes market during the forecast period 2023-2030
In 2023, Turkey is expected to dominate the Europe tomatoes market due to the presence of a large number of operating major players in the region and the increase in initiatives such as acquisitions, collaborations, and product launch by manufacturers to distribute their products efficiently to the consumer.
For more detailed information about the Europe tomatoes market report, click here – https://www.databridgemarketresearch.com/reports/europe-tomatoes-market