The canned fruits market was valued at US$9.674 billion in 2019 and is expected to grow at a CAGR of 3.18% over the forecast period to reach a total market size of US$12.044 billion by 2026.
Food canning is a technique for storing food at a standard temperature by preserving food in firmly closed vacuum-sealed containers and properly heat processing. Washing, sorting/grading, preparation, container filling, exhausting, container sealing, heat sterilization, chilling, labeling/casing, and shipping storage are all part of the canning process. Fruit canning has seen a transition in equipment utilization from batch units to continuous units, where cans are passed through an airlock and then rotated in a pressurized heat compartment before being chilled in a cold-water cooler compartment.
According to an article published by The Academy of Nutrition and Dietetics: Eat right on April 8, 2020, Canned foods can play an important role in an overall balanced diet. Since canning retains many nutrients, it can be just as healthy as fresh and frozen foods. Individuals who consume more canned foods have a greater intake of fruits and vegetables as well as a higher intake of nutrients than individuals who consume fewer canned fruits and vegetables. Canned foods are a handy and cost-effective method to increase the intake of fruits and vegetables. The canning method provides a long shelf life of at least one to five years. This might be useful for people who frequently toss away fresh fruit due to spoilage.
While canned foods are convenient and easy to prepare, many varieties of fruit are packaged in light or heavy syrup, which equals additional sugars. Diabetes cases are increasing globally, making canned food an unpopular source of nutrition. Diabetes was directly responsible for an estimated 1.5 million deaths in 2019, according to the WHO. Similarly, International Diabetes Federation (IDF) reported that in 2020, 463 million people worldwide suffered from diabetes. Furthermore, any damage to the can may enable air to enter, producing an ideal environment for Clostridium botulinum to thrive.
The canned fruits market in the Asia Pacific region is expanding rapidly. The demand for processed meals is increasing as society transforms in the Asia Pacific region. The fast-paced lifestyle and ever-increasing population are the major drivers of the increased demand for ready-to-eat foods. Furthermore, with the growing demand for processed meals, there is a need to find healthier alternatives with a longer shelf life. Due to their ease of handling and ready-to-use capability, canned fruits prove to be the ideal solution for all applications needing fruit pieces. With the development of China's food sector, the demand for canned fruits for a variety of uses is increasing.
Factors such as the extended shelf life of fruits due to better food preservation technologies, rapid urbanization rates, busy lifestyles, and rising demand for convenience meals, among others, are driving the market growth. The surge in nuclear families and growing disposable incomes of households have resulted in shifts in consumer food consumption patterns, with convenient meals gaining popularity. Other factors encouraging market expansion include an increase in the number of working women throughout the world and the easier availability of a wide range of canned fruits. Canned fruits are available throughout the year and do not require the removal of stalks, peels, or pits, which adds to their convenience.
The persistent increase in demand for fresh and minimally processed foods is expected to have a detrimental influence on the canned food sector. Furthermore, the market is gradually shrinking due to an increase in outside food consumption and a decrease in home cooking practices.
the Covid-19 pandemic had a positive influence on the Canned fruits market. Canned fruits and vegetables had a bad reputation, but the pandemic may have changed that. No one in the industry was spared in the short run. Taking time for “contingency planning” was the most significant adjustment to their daily routines among the numerous difficulties affecting day-to-day operations due to nationwide lockdowns. Supply chains were disrupted. During COVID19, however, canned fruits witnessed a surge in demand as individuals stockpiled them due to a lack of fresh foods. Despite the outbreak, Del Monte Foods witnessed a 200 % year-over-year increase in sales in March 2020.
|Market size value in 2019||US$9.674 billion|
|Market size value in 2026||US$12.044 billion|
|Growth Rate||CAGR of 3.18% from 2019 to 2026|
|Forecast Unit (Value)||USD Billion|
|Segments covered||Type, Distribution Channel, And Geography|
|Regions covered||North America, South America, Europe, Middle East and Africa, Asia Pacific|
|Companies covered||CHB Group, Del Monte Food Inc., Princes Limited, Rhodes Food Group, Tropical Food Industries Co., Ltd., Delicia Foods India Pvt. Ltd., Langeberg & Ashton Foods, Dole Packaged Foods LLC, Vidya Sagar Food Pvt Ltd., Jutai Foods Group Ltd.|
|Customization scope||Free report customization with purchase|
Frequently Asked Questions (FAQs)
Q1. What are the growth prospects for the canned fruits market?
A1. The canned fruits market is expected to grow at a CAGR of 3.18% during the forecast period.
Q2. What will be the canned fruits market size by 2026?
A2. The global canned fruits market is expected to reach a market size of US$12.044 billion by 2026.
Q3. What is the size of the global canned fruits market?
A3. Canned Fruits Market was valued at US$9.674 billion in 2019.
Q4. Which region holds the maximum market share in the canned fruits market?
A4. The Asia-Pacific region is projected to dominate the canned fruits market due to the demand for processed meals is increasing as society transforms in the region.
Q5. What factors are anticipated to drive the canned fruits market growth?
A5. Factors such as the extended shelf life of fruits due to better food preservation technologies, rapid urbanization rates, busy lifestyles, and rising demand for convenience meals, among others, are driving the canned fruits market growth.
1.1. Market Definition
1.2. Market Segmentation
2. Research Methodology
2.1. Research Data
3. Executive Summary
3.1. Research Highlights
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. The threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. Canned Fruits Market Analysis, By Product Type
5.2. Canned peaches
5.3. Canned cherries
5.4. Canned pineapples
5.5. Canned Mandarin Oranges
6. Canned Fruits Market Analysis, By Distribution Channel
6.2. Grocery Stores
7. Canned Fruits Market Analysis, By Geography
7.2. North America
7.2.1. United States
7.3. South America
7.5. Middle East and Africa
7.5.1. Saudi Arabia
7.6. Asia Pacific
8. Competitive Environment and Analysis
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix
9. Company Profiles
9.1. CHB Group
9.2. Del Monte Food Inc.
9.3. Princes Limited
9.4. Rhodes Food Group
9.5. Tropical Food Industries Co., Ltd.
9.6. Delicia Foods India Pvt. Ltd.
9.7. Langeberg & Ashton Foods
9.8. Dole Packaged Foods LLC
9.9. Vidya Sagar Food Pvt Ltd.
9.10. Jutai Foods Group Ltd.
Rhodes Food Group
Tropical Food Industries Co., Ltd.
Delicia Foods India Pvt. Ltd.
Langeberg & Ashton Foods
Dole Packaged Foods LLC
Vidya Sagar Food Pvt Ltd.
Jutai Foods Group Ltd.
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