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 Attribute | Details |
| No. of Pages | 397 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $9.8 Billion |
| Forecasted Market Value (USD) by 2030 | $11.7 Billion |
| Compound Annual Growth Rate | 2.2% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Food Canning: An Introduction
- Canned Fruits
- Canned Fruits Market: Current Scenario and Outlook
- Global Fruit Production (In Million Tons) for 2007, 2012, 2017, 2019 and 2022
- Global Fruit Production by Country (In Million Tons) for 2017 and 2019
- Europe and North America Lead the Global Canned Fruits Market
- Supermarkets: The Major Distribution Channel for Canned Fruits
- Canned Fruits - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Numerous Benefits of Canned Fruits Consumption Fuels Market Growth
- Rapidly Expanding Market for Fruits and Vegetables Processing Market Reflects High Potential for Canned Fruits Market
- Global Processed Fruits and Vegetables Market Size in US$ 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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