Canned Fruits Global Market 2023: Sector to Reach $11.7 Billion by 2030 at a CAGR of 2.3%


Dublin, Feb. 24, 2023 (GLOBE NEWSWIRE) -- The "Canned Fruits: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Canned Fruits estimated at US$9.8 Billion in the year 2022, is projected to reach a revised size of US$11.7 Billion by 2030, growing at a CAGR of 2.3% over the analysis period 2022-2030.

Canned Peaches, one of the segments analyzed in the report, is projected to record a 3.8% CAGR and reach US$3.4 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Canned Mixed Fruit segment is readjusted to a revised 2.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $2.9 Billion, While China is Forecast to Grow at 5.4% CAGR

The Canned Fruits market in the U.S. is estimated at US$2.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.8 Billion by the year 2030 trailing a CAGR of 5.4% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 3.5% respectively over the 2022-2030 period.

Within Europe, Germany is forecast to grow at approximately -0.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.3 Billion by the year 2030.

Select Competitors (Total 77 Featured) -

  • A. CLOUET & CO (KL) SDN. BHD
  • CHB Group
  • Del Monte Food, Inc.
  • Delicia Foods India Pvt. Ltd.
  • Dole Packaged Foods LLC
  • Golden Circle
  • Princes Limited
  • Rhodes Food Group Holdings Ltd
  • Seneca Foods Corporation
  • Tiger Brands Limited

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Report Metrics:

Report AttributeDetails
No. of Pages397
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$9.8 Billion
Forecasted Market Value (USD) by 2030$11.7 Billion
Compound Annual Growth Rate2.2%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Food Canning: An Introduction
  • Canned Fruits
  • Canned Fruits Market: Current Scenario and Outlook
  • Global Fruit Production (In Million Tons) for 2007, 2012, 2017, 2019 and 2022
  • Global Fruit Production by Country (In Million Tons) for 2017 and 2019
  • Europe and North America Lead the Global Canned Fruits Market
  • Supermarkets: The Major Distribution Channel for Canned Fruits
  • Canned Fruits - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Numerous Benefits of Canned Fruits Consumption Fuels Market Growth
  • Rapidly Expanding Market for Fruits and Vegetables Processing Market Reflects High Potential for Canned Fruits Market
  • Global Processed Fruits and Vegetables Market Size in US$ Billion for the Years 2019, 2021, 2023 and 2025
  • Evolving and Changing Food Habits Influence Demand Dynamics of Canned Fruits Market
  • Growing Demand for Convenience Foods with High Nutritional Value Drives Consumption of Canned Fruits
  • Organic Canned Fruits: A Growth Opportunity
  • Increase in Organic Farming Presents Opportunity for Organic Canned Fruits Market: Global Organic Agricultural Land in Million Hectares for the Years 2010, 2012, 2014, 2016 and 2018
  • Canned Pineapple Market Exhibits STable Growth
  • Canned Pineapple Exports in Asia: Percentage Volume Breakdown by Country for 2018
  • Promise of High Nutrient Content and Freshness of Frozen Fruits Presents a Challenge for Canned Fruits Market
  • World Market for Processed Fruits and Vegetables: Breakdown of Revenue by Segment (in %) for 2019
  • Strict Testing and Monitoring Regulations for Canned Fruits Hamper Growth Prospects
  • Rising Demand for Fresh Produce and Minimally Processed Foods Impacts Market Outlook
  • Impact of Climate Change on Fruit Production and Processing: A Major Challenge
  • Significant Role of Canned Fruits in Reducing Food Wastage
  • Industry Participants Opt for Innovative Strategies to Boost Demand for Canned Fruits
  • Megatrends Impact Canned Fruits Market Prospects
  • Expanding Global Population
  • World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
  • Top Countries Worldwide in Terms of Population in Millions for the Years 1990, 2019 and 2050
  • Urbanization Trend
  • World Urban Population in Millions: 1950-2050P
  • Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030 and 2050
  • Percentage of Urban Population in Select Countries for 2018, 2020, 2030, 2040 and 2050
  • Burgeoning Middle Class Population and Improving Standards of Living
  • Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030
  • Global Middle Class Spending (US$ Trillion) by Region for the Years 2020, 2025, 2030

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/segeqs-fruits?w=12

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Global Market for Canned Fruits

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