Canned Fruits Market

Canned Fruits Market Size (2024 to 2029)

Canned Fruits Market size is estimated to be USD 11.97 billion in the year 2024 and this value is expected to reach USD 14.10 billion by the year 2029, growing at a CAGR of 3.33% between 2024 and 2029.

MARKET OVERVIEW

Canning of food products is a preservation technique using a combination of heating and storing procedures in airtight containers to extend the shelf life of the foods significantly by killing all the microorganisms responsible for the food spoilage. Virtually any type of food product that is harvested or processed can be canned. This procedure has played an important role in provisioning armed forces of any nation with sufficient ration and has also been key in making available some varieties of food product which can be harvested only in a particular region or geography to new regional markets.

Although the consumer today has many options and can find fresh food for comparatively longer durations owing to technological advancements and freezing options, there was a time when some food varieties were only available in canned form. Even now owing to all these advancements canned food remains a crucial part of any pantry across the world.

Canning is a food preservation method that involves uses of heating and storing procedures in airtight containers, which increases the shelf life of food products by the elimination of microorganisms that cause the food spoilage. The addition of preservatives further prolongs the shelf life and keeps food fresh for a longer time.

Factors fuelling the growth of the market are a rapid rate of urbanization, an increasing number of nuclear households, busy lifestyles and increasing demand for portable storage methods for food products as well as growing popularity for convenience foods. However, factors like the presence of alternative economic packaging methods and high prices of canned fruits are the factors hindering the growth of the market.

Owing to busy lifestyles, consumer inclination toward consumption of processed and ready to eat food products has increased during the recent times, and also due to the retention of a high amount of nutrients and flavor canned food has become one of the preferred choices of preserved food among consumers, Also increase in the percentage of working women has increased the dependency of consumers on packed foods which in turn has led to the growth in demand for food with longer shelf life, which ultimately fuels the growth of Canned Food Market.

MARKET DRIVERS

The steadily changing food habits of the global population have contributed significantly to increasing the global consumption of canned fruits in the past few years. Factors such as the rapid rate of urbanization, high disposable incomes, and busy lifestyles are the major drivers in the growth of the global Canned Fruits Market. The mentioned trends have made canned fruits an integral part of the pantries of people across the world. In addition to this, the easy availability of canned fruits and awareness that canned fruits can deliver better nutritional value, and their economic prices as compared to fresh fruits are improving the demand for Canned Fruit Market. Canned fruits can be shipped to different regions where some of them cannot be grown owing to the environmental conditions, in such areas consumers thus have the option of trying a wide assortment of fruits which would not be possible without the canned fruit market, this also led to an exceptional rise of the global canned fruits market.

MARKET DRIVERS

The steady rise in the demand for fresh and minimally processed produce is expected to have a huge negative impact on the market of canned fruits. Moreover, the increase in consuming outside food and reduction in home cooking practice is also expected to gradually erode the market.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Canned Fruits Market Analysis By Type                  

• Organic Fruits         
• Inorganic Fruits     

Global Canned Fruits Market Analysis By Distribution Channel                    

• Supermarkets/Hypermarkets         
• Convenience Stores            
• Specialist Retailers               
• Online Retails         
• Others      

By Type, the canned fruit market is mainly divided into two types namely Organics and Inorganics. Organics are the canned fruits produced without using synthetics like pesticides and chemical fertilizers, whereas Inorganics are produced by using these synthetics to protect the crop from some pests and other insects capable of causing some harm to the crop. However the organic segment is expected to grow at a considerable rate, owing to the increase in the inclination of consumers towards organic products due to the ill effects of synthetic chemicals on health, consumers have become more conscious about the food they consume.

REGIONAL ANALYSIS

Europe holds the dominant share of nearly 40% in the global canned fruit market worldwide followed by North America in second place. Collectively, the markets for canned fruits in Europe and North America have a stronghold on the development of the global Canned fruit market and they are estimated to remain at the helm of Canned fruit market development in the future. These regional markets are growing mainly due to factors such as busy lifestyles, high preference for convenience foods and, high disposable incomes. However, these regions are expected to observe stagnant growth in the future because of an increase in demand for fresh and organic fruits. On the other hand, the Canned fruit market in the region of Asia-pacific is growing steadily owing to the increase in urbanization of some countries in this region.

Food safety always remains a top priority for every food processing or manufacturing company. Abiding with this, the leading players in this market promise to provide consumers with the safest, freshest, and high- quality fruit. The introduction of highly advanced machines, including new optical color and laser sorts, high-speed packaging lines, and On-site freezing storage has made it convenient to process canned fruit in a better manner.

KEY PLAYERS IN CANNED FRUITS MARKET

The key players in the market are Del Monte, ConAgra Foods, Dole Food Company, The Kraft Heinz Company, Seneca Foods, CHB Group, Rhodes Food Group, Conserve, Tropical Food Industries, Kangfa Foods, H.J Heinz, Ardo, and others.

RECENT HAPPENINGS IN THE MARKET

During March of 2017 Del Monte which is one of the largest producers, distributors, and marketers of premium quality and branded food products, announced their plans for conversion to non-BPA packaging and an incline in their non-GMO offerings.

DETAILED SEGMENTATION OF GLOBAL CANNED FRUITS MARKET INCLUDED IN THIS REPORT    

This research report on the global Canned Fruits Market has been segmented and sub-segmented based on Type, Distribution channel, & region.         

By Type                  

• Organic Fruits         
• Inorganic Fruits     

By Distribution Channel                    

• Supermarkets/Hypermarkets         
• Convenience Stores            
• Specialist Retailers               
• Online Retails         
• Others      

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa