Canned Fruits and Vegetables Market size was estimated at USD billion in 2020 and is expected to reach USD billion by 2027.
Fruits and vegetables are highly perishable in nature and it could get spoiled easily within short period of time. Canning of fruits of vegetables with some kind of preservatives could increase the shelf life of these fruits and vegetables and have some added nutrition value and also increase in demand for easy to use products, vegan diet, and natural food products add to the factors influencing the growth in consumption and demand of such products. Due to this, canned fruits and vegetables market gained popularity among consumers worldwide and number of manufacturing industries has also been increased. Companies and Industries of canned fruits and vegetables have a flourishing market in upcoming years too. The demand and consumption of these products due to convenient use can be seen to be increased progressively.
Canned fruits and vegetables are unpeeled, preserved and convenient to use. Its shelf life is also very long when compared to raw fruits and vegetables. Canned fruits and vegetables gained popularity among consumers globally due to rising demand for healthy and natural foods, gluten-free foods, vegan diet and fast lifestyle.
Fruits and vegetables of different varieties could easily be transported and imported among different countries as it is having a longer shelf life than the raw vegetables and fruits and preferably consumers could also have access to exotic varieties of fruits and vegetables world-wide even where they are not cultivated and grown originally, thus people could have a variety of fruits and vegetables to taste and use and also consumers could have access to the fruits and vegetables that are not in season locally or globally. It is easy to use and handle and also have increased nutritional properties packed within.
Expected growth estimation for canned fruits and vegetables market for forecast period of 2020 to 2027 is at the CAGR of 5.20%.
It has been witnessed a progressive growth in International trade of canned fruits and vegetables in last few years and possess estimated probability for further increase in market growth in coming future.
Restraint and Opportunity
The market for canned fruits and vegetables can be affected due to its comparatively high production cost and high-end product cost. Additionally, implementation of strict rules and regulation over the usage and addition of ingredients, several additives and high packaging cost for canning fruits and vegetables can restrict the growth of the canned fruits and vegetable market.
Lack of popularity of canned fruits and vegetables can be observed in developing countries where raw fruits vegetables are most widely consumed due to low cost, easy availability and local farming.
Considering the vegetables, in United States, United Kingdom and Germany it can be seen a decline in canned vegetables consumption which is being substituted by frozen and fresh raw vegetables.
However, there are R&D in the development of new and efficient technology of machines in the field of canning products to reduce the production cost significantly. Also, there is an observation in progressive change analytically in population sector and financial sector in forthcoming years which could lead to comprehensive rise in growth of such product market.
More implementation of marketing strategies like increase in advertisements, more supply of products, lowering of product cost and many more may increase the opportunity for the growth and production of canned fruits and vegetables product market.
The major canned fruits and vegetables market share is anticipated to held by Europe due to the high demand for packed food items in the region and required safety measures associated with these, rise in awareness regarding the benefits of such products. The market growth could also be seen to rise in forthcoming years in Asia Pacific countries due to increasing demand for easy to use products.
With a combined share of about 66.4% of the market, Europe, United States and China displayed a wide range market globally. Accounting a CAGR of 4.4% China also spare heading this market which is a result of consumer’s preference which has been clearly shifted towards the imported exotic fruits majorly for Vietnamese dragon fruit, Philippine bananas, Thai durians, Thai mangosteens, Mexican avocados and Chilean cherries.
Names of some leading companies of canned fruits and vegetables are Conagra Brands, Del Monte Pacific, Kraft Heinz, B&G Food, Bonduelle, Ayam Brand, General Mill, Dongwon Industries, Food Group, Shanghai Maling Aquarius Co., Ltd., Gulong, Zishan group, LEASUN FOOD company, Huanlejia, Cansi Fruit Group Co., Ltd., Ganzhu.
These companies have been observed to gain progressive growth in their market and brand values. Their promising marketing strategies and controlled production cost had made these brands to become successively popular and widespread.
• Market Revenue Estimation and Forecast (2020 – 2027)
• Market Production Estimation and Forecast (2020 – 2027)
• Market Sales/Consumption Volume Estimation and Forecast (2020 – 2027)
• Breakdown of Revenue by Segments (2020 – 2027)
• Breakdown of Production by Segments (2020 – 2027)
• Breakdown of Sales Volume by Segments (2020 – 2027)
• Gross Margin and Profitability Analysis of Companies
• Business Trend and Expansion Analysis
• Import and Export Analysis
• Regional Analysis and Market Data Breakdown
By Product Type
• Toppings & Dressings
• Other Applications
• United States
• United Kingdom
• Rest of Europe
• Rest of Asia Pacific
Middle East and Africa
• South Africa
• Rest of MEA
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