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Euromonitor 2023 report on the Processed Tomato Market (Part 1)

12/06/2024

2024 WPTC congress
François-Xavier Branthôme
California,
Antartica
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As a follow-up to the presentation "Latest trends in the global market for tomato products" presented by Mr. Javier Muñoz (Euromonitor International) during the October 2023 Cibustec, and following on from the articles already published regarding a number of regional markets and product categories, TomatoNews presents the situation as it stood in 2022 and the development prospects for the eight major consumption regions and for the nine product families derived from tomatoes, or which may contain tomatoes, as identified by Euromonitor.
 
Product categories
Evolution of "product" components (total volumes and retail sales value) of the worldwide market.
 
For each of the products analyzed, the graphs show, in sequence:
  The evolution of total annual sales volumes (t) broken down by region, from 2017 to 2027 (projected figures for the last five years).
  The "region-specific" components in volumes (t) for the entire market in 2022.
  Comparison of the evolution of sales recorded according to region from 2017 to 2027.
  The evolution of prices by region from July 2019 to July 2023.
  Average annual growth rates (CAGR%) by region, recorded over the 2017/2022 period and forecast for the 2022/2027 period. In these diagrams, the size of the "bubbles" corresponds to the size of the market in 2022.
  Breakdown of sales volumes between retail distribution channels and the food service sector for the 2017/2022 period, for each region.
 
For information: The "Tomato Paste" section includes data on both pastes and purees. The "Liquid recipe sauces" section presents results for liquid sauces, excluding pasta sauces, which are presented separately. All product definitions can be found below and at the end of the articles published on our website www.tomatonews.com. 
 
Ketchup
 
Pasta Sauce
 
Canned Tomatoes
 
Tomato paste
 
Pizza
 
Liquid Recipe Sauce
 
Soup
 
Ready Meals
 
Dry Recipe Sauce
 
This article is published in the 2024 Processing Tomato Yearbook published by Tomato News and distributed free of charge to participants of the Congress organized by the Hungarian tomato processing industry, in Budapest, from June 9 to 12, 2024.
Source: Euromonitor International
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