The Global Canned Fruits Market size is expected to reach $15 billion by 2031, rising at a market growth of 3.5% CAGR during the forecast period.
Rapid urbanization in the Asia-Pacific region has led to busier lifestyles, with many consumers seeking convenient food options. These fruits offer a quick and easy solution for those with hectic schedules. Consequently, the Asia Pacific region would acquire nearly, 26% of the total market share by 2031.
Modern lifestyles are increasingly fast paced, with many consumers juggling busy work schedules, family responsibilities, and other commitments. As a result, there is a growing demand for convenient food options that require minimal preparation time. In addition, due to the preservation techniques used in canning, these fruits have a significantly longer shelf life than fresh fruits. Thus, rising consumer demand for convenient and ready-to-eat food products drives the market's growth.
Additionally, expanding distribution channels and retail networks enables these fruits to reach a broader audience. Expanding retail networks allows for strategically placing canned fruits in high-traffic areas within stores. Therefore, the expansion of distribution channels and retail networks is propelling the market's growth.
However, these fruits are often perceived as less fresh compared to their fresh counterparts. This perception arises because fresh fruits are associated with immediate consumption and peak ripeness, while these fruits undergo a preservation process that can alter their texture and taste. Thus, the perception of lower freshness and nutritional value hamper the market's growth.
Rapid urbanization in the Asia-Pacific region has led to busier lifestyles, with many consumers seeking convenient food options. These fruits offer a quick and easy solution for those with hectic schedules. Consequently, the Asia Pacific region would acquire nearly, 26% of the total market share by 2031.
Modern lifestyles are increasingly fast paced, with many consumers juggling busy work schedules, family responsibilities, and other commitments. As a result, there is a growing demand for convenient food options that require minimal preparation time. In addition, due to the preservation techniques used in canning, these fruits have a significantly longer shelf life than fresh fruits. Thus, rising consumer demand for convenient and ready-to-eat food products drives the market's growth.
Additionally, expanding distribution channels and retail networks enables these fruits to reach a broader audience. Expanding retail networks allows for strategically placing canned fruits in high-traffic areas within stores. Therefore, the expansion of distribution channels and retail networks is propelling the market's growth.
However, these fruits are often perceived as less fresh compared to their fresh counterparts. This perception arises because fresh fruits are associated with immediate consumption and peak ripeness, while these fruits undergo a preservation process that can alter their texture and taste. Thus, the perception of lower freshness and nutritional value hamper the market's growth.
Driving and Restraining Factors
Drivers
- Rising consumer demand for convenient and ready-to-eat food products
- Expansion of distribution channels and retail networks
- Increasing horticulture production worldwide
Restraints
- Perception of lower freshness and nutritional value
- Concerns over added sugars and preservatives in canned fruit products
Opportunities
- Increased interest in international cuisine and exotic fruits
- Disaster preparedness and emergency supplies
Challenges
- High production costs due to advanced canning technologies
- Competition from fresh and frozen fruit alternatives
Form Outlook
On the basis of form, the market is segmented into whole fruits and cut fruits. In 2023, the whole fruits segment attained 31% revenue share in the market. Whole fruits maintain their natural shape and appearance, which appeals to consumers looking for more authentic and visually appealing fruit options.Type Outlook
Based on type, the market is divided into canned peaches, canned pears, canned pineapples, canned oranges, and others. The canned pineapples segment attained 27% revenue share in the market in 2023. Pineapples are a favored ingredient in various culinary applications, such as salads, desserts, and savory dishes, due to their unique tangy, sweet flavor, which is highly alluring and adaptable.
Distribution Channel Outlook
By distribution channel, the market is divided into supermarkets/hypermarkets, specialty stores, online retail, and others. The online retail segment procured 18% revenue share in the market in 2023. Online retail offers the convenience of home delivery, allowing consumers to purchase these fruits without visiting physical stores.Regional Outlook
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Europe region witnessed 38% revenue share in the market in 2023. European consumers often lead busy lifestyles, making the convenience of these fruits highly appealing. The ready-to-eat nature of these fruits saves time on food preparation and provides an easy option for quick snacks and meals.List of Key Companies Profiled
- Del Monte Pacific Limited
- Dole Packaged Foods, LLC (Dole International Holdings, Inc.)
- The Kraft Heinz Company
- CHB Group
- RFG Holdings Limited
- Roland Foods LLC (Vestar Capital Partners)
- Delicia Foods India Pvt. Ltd.
- Greenyard NV
- Oregon Fruit Products LLC
- The Kroger Co.
Market Report Segmentation
By Form
- Cut Fruits
- Whole Fruits
By Type
- Canned Peaches
- Canned Pears
- Canned Pineapples
- Canned Oranges
- Others
By Distribution Channel
- Hypermarket/Supermarket
- Online Retail
- Specialty Stores
- Others
By Geography
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Global Canned Fruits Market by Form
Chapter 5. Global Canned Fruits Market by Type
Chapter 6. Global Canned Fruits Market by Distribution Channel
Chapter 7. Global Canned Fruits Market by Region
Chapter 8. Company Profiles
Companies Mentioned
- Del Monte Pacific Limited
- Dole Packaged Foods, LLC (Dole International Holdings, Inc.)
- The Kraft Heinz Company
- CHB Group
- RFG Holdings Limited
- Roland Foods LLC (Vestar Capital Partners)
- Delicia Foods India Pvt. Ltd.
- Greenyard NV
- Oregon Fruit Products LLC
- The Kroger Co.
Methodology
LOADING...
