Del Monte Corporation (NYSE:DMC), one of the world's leading vertically integrated producers, distributors and marketers of fresh and shelf-stable produce, today announced that its subsidiary, Del Monte Fresh Produce (HK) Ltd., has entered into a joint venture with Riverking (Shanghai) Agricultural Technology Development Co., Ltd., a leading integrated private fruit enterprise, to expand into the fresh-cut fruit segment in China.

The joint venture combines Del Monte's brand strength, differentiated packaging, and fresh-cut experience and technology with Riverking's local sourcing, distribution, and customer networks, positioning the partnership to establish a strong presence in China's rapidly growing fresh-cut fruit market. According to DataIntelo’s 2026 Fresh-cut Produce Market report, Asia is the fastest-growing region in the global fresh-cut produce market, with China expected to account for approximately 45% of the region's fresh-cut produce market by 2034, driven by rising consumer demand for convenient, high-quality, and safe produce options.