Account holders will only be able to invest in company farming projects when they select this option.

How it work

Group Investment

Investor will be able to enter the market via group investment . what group investment does it gives like minded investors the opportunity to take advantage of the market. We Trade ltd will pool investors funds together and invest it in a ( active tomato farmer portfolio ) to increase productivity of tomato's and profit returns. The group investment is mostly for small investors who wants to be apart of market but only can invest a small amount of there capital.

Standalone Investment

Is mostly for large Investors who wants to invest in the tomato sector. We trade ltd will provide the option for large investor's to invest in a ( specific tomato farmer portfolio ) which meet their investment goals and profits return.

Independent Farmers

Introduction

Market Overview

The tomato market is projected to register a CAGR of 5.6% over the forecast period (2022-2027). The repeated imposition of lockdown across the world hampered the prices of tomatoes. The closed markets have resulted in a price crash in a few markets, while in others, there was an increase in prices. However, the interest in wellness and immunity has spiked as a result of the COVID-19 pandemic, leading to a higher demand for fruits and vegetables, including tomatoes.

Tomatoes in industries, such as home, food processing, and snack foods, are driving the tomato market. They're also popular in the foodservice industry and used in hotels, restaurants, and fast-food outlets. The fast-food business is growing across the world, propelling the market forward. The expanding organized retail sector is also contributing to market expansion.

Further, government initiatives with extensive financial and political support for enhanced agricultural production in the countries through technological innovation are anticipated to raise the production level of tomatoes during the forecast period. In 2021, the Government of Ghana commissioned the Weddi Africa Tomato Processing Factory in the town of Domfete under the 1-District-1-Factory initiative. The government facilitated a loan of USD 16 million to support the establishment and operations of the factory. As Domfete is a major center for the cultivation of fresh tomatoes, the factory is anticipated to process 40,000 metric tons of fresh tomatoes annually.

Major exporting countries for tomatoes are Mexico, the Netherlands, and Spain, followed by Morocco and Canada. The United States is the leading importer of tomatoes from Mexico. According to a United States Department of Agriculture report, tomato production in Mexico is highly concentrated, with six states producing 53% of the total production in 2020. Sinaloa is the largest tomato-producing state in Mexico.

Key Market Trends

The increasing awareness regarding the high nutritional value of vegetables increased the consumption of vegetables, including tomatoes, in order to meet diverse dietary and nutritional needs. These factors have resulted in increased demand for tomatoes. Thus, alongside the growing demand and attractive price, production and acreage have also been growing to satiate the demand.

The production of tomatoes globally increased from177.3 million metric ton in 2016 to 186.8 million metric ton in 2020. Moreover, there is a significant increase in the area of tomato cultivation across the globe. For instance, the global area under tomato cultivation has increased from 4,854.4 thousand hectares to 5,051.9 thousand hectares between 2016 and 2020.

The consumers' preference for fresh tomatoes along with the latest technology, such as indoor farming, has boosted the domestic production of tomatoes. The climate changes, resistance developed by pests, poor infrastructure, and post-harvest loss led to the need for developing the new high-yielding and hybrid seeds to help the farmers increase the yield. The increased yield will help in meeting the increasing demand for tomatoes.

The emergence of greenhouse tomato production is boosting the US fresh-market tomato industry. Greenhouse tomato production allows producers to grow fresh tomatoes in structures, sometimes using methods of climate control and alternative soil. It has helped in achieving increased yields per acre and enhanced grower capability to sustain year-round production.

Market Forecast

The global tomato processing market is also aided by the increasing production of tomatoes, globally. In 2022, their global production attained a volume of 79.52 million tons. Their production is projected to grow at a CAGR of 3.8% between 2023-2028 to reach 99.46 million tons in 2028.

The Asia Pacific is the largest producer of tomatoes accounting for over half their global production. Middle East and Africa followed Asia Pacific as their leading 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 represented 70% of the total processing vegetables in the United States with 22, 011.7 million pounds selected for processing. They were also the leading crops in the United States in terms of processing-vegetable farm value, being worth USD 912 million in 2017. Italy and China were also significant markets in the industry along with Turkey and Iran.