The size of the market industry for tomato paste is so big. Due to its one of the essential canned food in the world, it has many customers globally. The increased production of tomatoes globally also supports the global tomato processing market. In 2020, their global production reached 186 million tons. Their production is expected to grow at a CAGR of 3.2% between 2022-2027 to reach 223 million tonnes in 2026. The Asia-Pacific region is the largest producer of tomatoes, accounting for more than half of the world's tomato production. The Middle East and Africa followed the Asia Pacific as the top producer. The United States, on the other hand, is the largest tomato processing country, with a global market share of over 35%. In 2017, tomatoes accounted for 70% of all processed vegetables in the United States, and 22,011.7 million pounds were harvested for processing. They were also the leading crops in the United States by farm value for vegetable processing, worth US$912 million in 2017. Italy and China were significant markets in the industry, as were Turkey and Iran. Imports of processed tomatoes from Ukraine to the EU increased significantly by 17% in 2017 compared to 2016 due to a competitive market and a sharp decrease in imports from China. Exports of processed tomatoes to the European Union will continue to grow, increasing by 15% in 2018 compared to 2017. Imports of fresh tomatoes from the European Union increased by 8%, supported by a 42% increase in imports from Turkey in 2017, for comparison. to the previous year. Tomatoes, originally eaten by Mexicans, spread throughout the world due to the colonization of America by the Spanish. Their processing began in 1847 with manual canning. Today, tomato processing is well organized and generates sales worth billions of dollars. Only about a fifth of the tomatoes produced worldwide are processed, and the majority are consumed fresh. Processed tomatoes find their maximum application in sauces, accounting for almost 30% of their global application. In 2018, around 12 million tons of sauces were consumed worldwide. Adhesives are another application segment that is leading the market. The global tomato processing market is driven by the extensive applications of processed tomatoes in sectors such as home food, food processing, and snacks. They are also widely used in hotels, restaurants, and fast food chains in the food service industry. As the fast food industry booms worldwide, the market is under pressure. The growing organized retail sector also provides an additional impetus to the market's growth and added health benefits of processed tomatoes, along with their long shelf life driver. Tomato paste is an essential processed product as it is widely used in various value-added products such as tomato juice, ketchup, pasta, pressed tomato paste, pickles, pasta, pizza sauces, salsa, and sauces, ready-to-eat curries, and powdered tomato-based products. Global production of processed tomatoes declined in 2018, falling sharply in key markets such as China. However, markets like California are still thriving, with a 13% increase in 2018 compared to the previous year. In the European Union, with Europe accounting for 11% of global tomato production, their production for processing increased by 6% in 2017 compared to 2016. About 11.5 million tons of vegetables were processed in 2017. in the EU. Global tomato market revenue was $190.4 billion in 2018, up 6.5% from the previous year. This figure represents the total revenue of manufacturers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Market value increased at an average annual rate of +3.1% from 2007 to 2018; the trend pattern shows that some years have seen significant fluctuations. The growth rate was most significant in 2011 when the market value increased by 9.6% year on year. During the period under review, the global tomato market peaked at $196.1 billion in 2014; from 2015 to 2018, consumption remained at a lower value. In 2018, the number of tomatoes produced worldwide amounted to 188 million tons, increasing by 3.5% compared to the previous year. Total production grew at an average annual rate of +2.9% from 2007 to 2018; the trend pattern remains consistent, with some years showing significant fluctuations. The growth rate was fastest in 2009, with an increase of 9.8% over the previous year. Global tomato production peaked in 2018 and will likely see steady growth shortly. The overall positive trend in tomato production is largely due to moderate growth in harvested areas and a slight yield increase. Global exports amounted to 7.3 million tonnes in 2018, thus remaining relatively stable compared to the previous year. Total export volume increased at an average annual rate of +1.6% from 2007 to 2018; the trend pattern remains consistent, with only minor changes occurring in some years. In terms of value, tomato exports amounted to 9.7 billion dollars (estimated) in 2018. In 2018, Mexico (1.8 million tons), abroad and the Netherlands (1.1 million tons), Spain (797 thousand tons), Morocco (550 thousand tons), and Turkey (364 thousand tons) were the largest exporters of tomatoes, representing 63% of total exports. France (287 thousand tons), Belgium (220 thousand tons), the USA (216 thousand tons), Canada (191 thousand tons), Azerbaijan (172 thousand tons), Lithuania (157 thousand tons), and China (143 thousand tons) are far behind the leaders. From 2007 to 2018, Azerbaijan achieved the most significant growth rate in reports among the major exporting countries, while the rest of the world leaders had slower growth rates. In terms of value, the countries with the highest levels of exports in 2018 were Mexico ($2.3 billion), the Netherlands ($1.9 billion), and Spain ($1.3 billion), accounting for 57% of global exports combined. Morocco, Canada, France, Turkey, USA, Belgium, Lithuania, Azerbaijan, and China are a little behind, together m an additional 32%. The average tomato export price was $1,326 per ton in 2018, up 4.7% from the previous year. Over the past eleven years, it has increased at an average annual rate of +1.3%. The growth rate was fastest in 2010, when the average export price increased by 18% year-on-year. During the year on year review, average tomato export prices reached their maximum rate in 2018 and are expected to maintain their growth in the near future. There were significant differences in average export prices between the main exporting countries. In 2018, Canada had the highest export price ($2,159 per ton), while Turkey ($894 per ton) was among the lowest. From 2007 to 2018, Azerbaijan achieved the most significant growth rate in terms of export, although the other global though had more moderate growth rates. In 2018, the number of tomatoes imported worldwide amounted to 6.8 million tons, increasing by 4.7% compared to the previous year. Total import volume increased at an average annual rate of +1.5% from 2007 to 2018; the trend remains constant, with only minor fluctuations registered during the period under review. The growth rate was fastest in 2009 with an increase of 9.7% over the previous year. During the period under review, global tomato imports peaked at 7.2 million tonnes in 2014; however, from 2015 to 2018, imports remained at a lower value. In terms of value, tomato imports stood at $9 billion (estimated) in 2018. The total value of imports increased at an average annual rate of +2.1% from 2007 to 2001 from remains consistent, with only minor fluctuations recorded during the analysis period. The fastest growth rate was in 2010, when imports increased by 12% over the previous year. During the period under review, global tomato imports peaked at $9.3 billion in 2014,; this was only a brief history of the tomato paste market; it is worth mentioning that the size of the tomato paste market is growing daily.
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