Asia Pacific Jams and Preserves Market is worth USD 2.06 billion in 2024 and is estimated to be growing at a CAGR of 5.46%, to reach USD 2.69 billion by 2029.
Jams and preserves are both made from fruit mixed with sugar and pectin. Pectin is an indigestible carbohydrate and is found in the cell walls of many fruits. Jam contains the fruit in the form of a pulp or in the crushed form whereas, preserves come in the form of chunks. Due to the rising disposable incomes, consumers are ready to spend on gourmet food which involves the use of jams and preserves. Jams help in producing a versatile range of food products. Due to the rising urbanization, the demand for ready-to-eat food products has risen, causing the growth of the market. However, the high cost of raw materials and various government regulations on processed food and food additives are slowing down the growth of the market. Moreover, there are a lot of products in the market causing competition between various players.
Asia Pacific Jams and Preserves Market By Product Type
Jam products account for a major share of the global market.
Asia Pacific Jams and Preserves Market By Flavor
Asia Pacific Jams and Preserves Market By Pricing
Asia Pacific Jams and Preserves Market By Distribution Channel
Asia Pacific Jams and Preserves Market By Region
The Asia Pacific Jams and Preserves Market is expected to grow at the highest CAGR during the forecast period.
Some of the major Jams and Preserves Market leaders are J.M Smucker, Kraft Foods, Unilever Group, ConAgra Foods Inc, B&G Foods Inc, Ferrero Group, Hershey Co., Nestle, Sioux Honey Association and National Grape Co-operative Association Inc.
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