Canned Fruits Market Scope
Canned fruits are packed in tin cans with added sodium and sugar for providing good durability. It is done to destroy any microorganisms in the fruits and prevent them from contaminating. Fruits are a necessary part of getting proper nutrients they provide convenience to people in a busy life. The improving standard of living in the developing economy is demanding more of ready to eat products in their busy life. However, they are not as nutritional as freshly consumed fruits than the canned fruits.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Del Monte Foods Inc. (United States), ConAgra Foods (United States), Dole Food Co. (United States), H.J Heinz Co. (United States), Kronos (Greece), Acroyali (China), CHB Group (Greece), The Global Green Co. (India), Welch's Food Inc. (United States), Rhodes Food Group (South Africa) and SunOpta (United States) |
CAGR | % |
Food safety has always been and continues to be a primary responsibility for all businesses. In accordance with this, the major businesses claim to supply customers with the freshest, safest, and highest-quality fruit. The advent of high-tech machines, such as new optical color and laser sorters, custom-designed pitting and processing lines, high-speed packing lines, and on-site freezing and frozen storage, has made it even easier to process fruits more efficiently. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Canned Fruits market throughout the predicted period.
Del Monte Foods Inc. (United States), ConAgra Foods (United States), Dole Food Co. (United States), H.J Heinz Co. (United States), Kronos (Greece), Acroyali (China), CHB Group (Greece), The Global Green Co. (India), Welch's Food Inc. (United States), Rhodes Food Group (South Africa) and SunOpta (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Seneca Foods (United States) and Delicia Foods Pvt Ltd (India).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Canned Fruits market by Type and Region with country level break-up.
On the basis of geography, the market of Canned Fruits has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
"The Canadian Food Inspection Agency (CFIA) regulates PFV products imported into Canada. The CFIA verifies PFV ensuring it is safe, wholesome and graded according to established standards. The CFIA also verifies a PFV is labeled and packaged according to Canadian regulations and standards to avoid misleading consumers and facilitate orderly marketing. PFV is shelf-stable or frozen products and also include refrigerated products which have been processed to extend the shelf life beyond 90 days. Typically PFV is fruits or vegetables that have undergone processing such as canned, cooked, frozen, concentrated, pickled or otherwise prepared to assure preservation. They include products such as canned fruit, canned vegetables, frozen fruits, frozen vegetables, pickles, juices, jams & jellies, pie fillings."
Influencing Trend:
Rising Consumption of Canned Fruits Among Working Class people and The Emerging Availability of Frozen Canned Fruits
Market Growth Drivers:
Growing Standard of Living and Disposable Income in Developing Economies and Increasing Awareness about Consumption of Fruits and its Benefits
Challenges:
The Entry of Many Local Players in the Market with Inexpensive Canned Fruit Products
Restraints:
Health-Related Factors Associated with Canned Fruits and Regulatory Standards Regarding Canned Fruits
Opportunities:
Introduction of Varieties in Canned Fruits and Increasing Availability of Canned Fruits in Online Platform
Key Target Audience
Canned Fruits Providers, Canned Fruits Distributors and Suppliers, Canned Fruits International Traders, Research and Development Institutes, Financial Institutes and Venture Capital, Regulatory Bodies and Others