Global Fresh Vegetables Market Size & Outlook, 2020-2028

The fresh vegetables industry worldwide is expected to reach a projected revenue of US$ 769,898.4 million by 2028. A compound annual growth rate of 2.7% is expected of the worldwide fresh vegetables industry from 2021 to 2028.
Revenue, 2020 (US$M)
$623,188.9
Forecast, 2028 (US$M)
$769,898.4
CAGR, 2021 - 2028
2.7%
Report Coverage
Worldwide

Global fresh vegetables market highlights

  • The global fresh vegetables market generated a revenue of USD 623,188.9 million in 2020 and is expected to reach USD 769,898.4 million by 2028.
  • The market is expected to grow at a CAGR (2021 - 2028) of 2.7% by 2028.
  • In terms of segment, tomato accounted for a revenue of USD 117,100.9 million in 2020.
  • Onion is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2020.
  • Country-wise, South Africa is expected to register the highest CAGR from 2021 to 2028.

Global data book summary

Market revenue in 2020USD 623,188.9 million
Market revenue in 2028USD 769,898.4 million
Growth rate2.7% (CAGR from 2020 to 2028)
Largest segmentTomato
Fastest growing segmentOnion
Historical data covered2017 - 2019
Base year for estimation2020
Forecast period covered2021 - 2028
Quantitative unitsRevenue in USD million
Market segmentationTomato, Onion, Cabbage, Cucumber, Eggplant, Beans, Carrot

Other key industry trends

  • In terms of revenue, the North America accounted for 10.5% of the global fresh vegetables market in 2020.
  • By country, the China is projected to lead the global market in terms of revenue in 2028.
  • By country, South Africa is the fastest growing regional market and is projected to reach USD 3,904.4 million by 2028.

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Fresh Vegetables Market Companies

Name Profile # Employees HQ Website

Global fresh vegetables market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fresh vegetables market will help companies and investors design strategic landscapes.


Tomato was the largest segment with a revenue share of 18.79% in 2020. Horizon Databook has segmented the Global fresh vegetables market based on tomato, onion, cabbage, cucumber, eggplant, beans, carrot covering the revenue growth of each sub-segment from 2017 to 2028.


  • Global Fresh Vegetables Product Outlook (Revenue, USD Million, 2017-2028)
    • Tomato
    • Onion
    • Cabbage
    • Cucumber
    • Eggplant
    • Beans
    • Carrot
    • Others
  • Global Fresh Vegetables Distribution Channel Outlook (Revenue, USD Million, 2017-2028)
    • Offline
    • Online

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Target buyers of Global fresh vegetables market databook

  • Our clientele includes a mix of fresh vegetables market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global fresh vegetables market , including forecasts for subscribers. This global databook contains high-level insights into Global fresh vegetables market from 2017 to 2028, including revenue numbers, major trends, and company profiles.

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Global fresh vegetables market size, by regions, 2017-2028 (US$M)

Top 10 countries: Fresh vegetables market size, 2020 (US$M)

Global fresh vegetables market share, by product, 2020 & 2028 (%, US$M)

Fresh vegetables market: Opportunity assessment by country

Global fresh vegetables market, by region, 2020 (US$M)

Global fresh vegetables market size, by regions, 2017-2028 (US$M)

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