Overview:

The global canned fruit market is valued for more than US$ XXX.X Mn in 2019 and expected to reach a value of US$ XXX.X Mn by 2029 with a significant CAGR of around XX.X% over the forecast period of 2019-2029. Canning is a technique followed for preservation of food items including fruits in a sealed air tight container post processing. This method is used to preserve the fruits for longer period of time and for consumption at any period of time.

Generally in fruit canning process the fruits are sliced, peeled, chopped and then are sealed in a specific container. After sealing, the containers are heated to kill unwanted bacteria and avoid the spoilage.

Market Dynamics:

Changing lifestyle pattern and eating habits are key factors driving growth of the global canned fruit market. The busy working schedules and growing working population is resulting in growing demand for easy to carry food and canned food. Also, growing popularity of canned food across the globe is another factor supporting growth of the target market.

In addition, rising non-seasonal demand for various type of fruits is another major factor propelling growth of the global market. Many consumers are demanding some type of fruit during the non-seasonal period. This is offering lucrative growth opportunity for the key players in the global market.

However, in some cases nutritional value of canned fruits vary from natural fruits which is a major factor may hamper growth of the global market to a certain extent.

Key Trends:

Growing focus on product launches among key players to tap the major consumer share is a key trend witnessed in the global canned fruit market. For instance, in April 2018, Del Monte Foods, Inc. has launched premium range of canned pineapple of gold variety. This includes two types of product offerings viz. Pineapple slices in juice and Pineapple chunks in juice.

Regional Analysis:

For detailed understanding of market dynamics, the global canned fruit market is analyzed across key regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Europe region is contributed major market share in the global market in 2019. High awareness about the product and strong presence of key market players in countries in the region are key factors supporting target market growth in the region.

The North America is expected to hold second largest market share holder position in the target market. However, Asia Pacific region is expected to witness strong growth in the target market during the forecast period. Rising product availability and advertising are key factors supporting growth of the canned fruit products in countries in the region.

Scope of the Report:

Detailed Segmentation:

Global Canned Fruit Market, By Product Type:

• Organic Canned Fruits
• Inorganic Canned Fruits

Global Canned Fruit Market, By Distribution Channel:

• Supermarkets/ Hypermarkets
• Specialty Stores
• Convenience Stores
• E-commerce/ Online

Key Players Covered:

Key players operating in the global canned fruit market includes Del Monte Foods, Inc., Conagra Brands, Inc., Dole Food Company, Inc., Kraft Heinz Company, RFG Holdings (Rhodes Food Group), Seneca Foods Corporation, CHB Group, Tropical Food Industries Co., Ltd., Ardo, and H. J. Heinz Company.

Key Features of the Study:

Foresight Market Research provides detailed analysis on global market in our report- Global Canned Fruit Market by product type, distribution channel, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global canned fruit market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, market expansion, and marketing tactics used overall the globe.