Canned Fruits Market Size & Growth Analysis to 2030

The global canned fruits market size was valued at over USD 10 billion in 2020 and projected to grow at a significant CAGR of around 5% during the forecast period 2021 to 2027. The increasing demand for convenience food coupled with high nutritional value is a primary factor to drive the market growth. The rising awareness of consumers regarding health and increasing disposable income per capita is further expected to fuel the market. The increasing number of working women and the easy availability of a wide range of fruits is projected to propel the market growth over the forecast period.

Market Drivers:

Convenience and Longer Shelf Life: Canned fruits offer convenience as they are readily available, require no preparation, and have a longer shelf life compared to fresh fruits. The convenience factor appeals to consumers seeking quick and easy-to-consume fruit options, especially in busy lifestyles. The longer shelf life of canned fruits allows for easy storage and reduces food waste.

Seasonal Availability: Canned fruits provide a solution for consumers to enjoy their favorite fruits all year round, regardless of seasonal availability. Canning allows fruits to be preserved at their peak freshness and flavor, making them available even during off-season periods when fresh fruits may be scarce or expensive.

Preservation of Nutritional Value: Canned fruits are processed and sealed immediately after harvest, preserving their nutritional value. While some heat treatment is involved during the canning process, many essential nutrients are retained, including vitamins, minerals, and antioxidants. This appeals to consumers who prioritize the nutritional content of their food.

Accessibility and Availability: Canned fruits are widely available in grocery stores, supermarkets, and convenience stores, making them easily accessible to consumers. They are also available in various packaging sizes, catering to different consumer preferences and consumption needs.

Food Safety and Quality Assurance: The canning process involves heat treatment, which effectively kills bacteria and microorganisms, ensuring the safety and quality of the fruits. Canned fruits undergo strict quality control measures to meet food safety standards, providing consumers with confidence in the product’s safety and hygiene.

Extended Shelf Life for Retailers: Canned fruits have a longer shelf life, allowing retailers to stock and sell fruits without concerns of spoilage or wastage. This benefits retailers by reducing losses due to perishability and allows for a wider range of fruit options to be offered to consumers.

Food Industry Applications: Canned fruits are used as ingredients in various food applications, including bakery products, desserts, jams, and fillings. They provide a convenient and consistent source of fruits for food manufacturers and foodservice providers, ensuring consistent flavor and quality in their products.

Export and International Trade: Canned fruits facilitate international trade and export of fruits by providing a long-lasting and transportable product. This enables countries to export their fruit produce to distant markets, contributing to the growth of the canned fruits market globally.

Increasing Consumer Awareness of Health and Nutrition: With the growing emphasis on health and nutrition, consumers are seeking ways to incorporate more fruits into their diet. Canned fruits offer a convenient and accessible option for consumers to meet their daily fruit intake requirements, particularly when fresh fruits may not be readily available or affordable.

Emergence of Innovative Product Varieties: The canned fruits market has seen the emergence of innovative product varieties and flavor combinations, such as fruit cocktail mixes, tropical fruit blends, and exotic fruit options. These innovative offerings cater to consumer preferences for unique and diverse fruit experiences, driving market growth.

Market Outlook:

Market Insights:

The global canned fruits market is bifurcated into fruit, form, distribution channel, and geography. On the basis of fruits, the market is further segmented into peaches, pineapple, mandarin oranges, pears, and others. The peaches segment dominated the global market in 2020 and accounted to hold the largest revenue share of around one-third percent of the market. The segment is also expected to maintain its dominance over the forecast period. The pineapple segment is considered to have the second-largest market share and is expected to hold more than 20% market share by 2027.

On the basis of distribution channels, the global canned fruits market is bifurcated into supermarkets/hypermarkets, convenience stores, online retail, and others. The supermarkets/hypermarket held a significant market due to the increasing consumer shift toward supermarkets and hypermarkets for shopping. Hypermarkets and supermarkets are consumer’s preferred choices for shopping due to the availability of a wide range of products, brands, and better-discounted prices. The online retail segment is anticipated to grow at a substantial growth rate due to better service provided by resellers and the availability of good discounts along with home delivery.

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The canned fruits comprehensive study offers an in-depth analysis of industry trends, market size, competitive analysis, and market forecast – 2021 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market, and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The canned fruits market research report presents the analysis of each segment from 2018 to 2027 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

• 2018-19 – Historical Year
• 2020 – Base Year
• 2021-2027 – Forecast Period

Market Segmentation:

By Fruit:

• Peaches
• Pineapple
• Mandarin Oranges
• Pears
• Others

By Form:

• Whole Fruits
• Cut Fruits

By Distribution Channel:

• Supermarkets/Hypermarkets
• Convenience Stores
• Online Retail
• Others

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Geographic Coverage:

Geographically, North America dominated the global canned fruits market in 2020 and estimated to hold the largest revenue share of over one-third of the market share. The consumer shift towards convenience food and the increasing number of working women are some factors to drive the market growth in the region. Furthermore, the busy lifestyle and the increasing number of nuclear families are further anticipated to drive the market in North America. In contrast, the Asia Pacific region is expected to grow at a considerable growth rate over the forecast period. The rapid growth in population and the increasing demand for ready-to-eat food are expected to fuel the market in APAC.

Competition Assessment:

Some of the major players operating in the global canned fruits market are Dole Food Company, Del Monte Food Inc., Rhodes Food Group, Kraft Heinz Company, and CHB Group. Companies are exploring markets through expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Key Companies:

• Dole Food Company
• Del Monte Food Inc.
• Rhodes Food Group
• Kraft Heinz Company
• CHB Group
• Delicia Foods India Pvt. Ltd.
• Golden Circle
• Princes Limited
• Seneca Foods Corporation
• Tiger Brands Limited

Key Questions Answered by Canned Fruits Market Report

• Global canned fruits market forecasts from 2021-2027
• Regional canned fruits market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
• Country-level forecasts from 2021-2027 covering 15 major countries from the aforementioned regions
• Canned fruits submarket forecasts from 2021-2027 covering the market by fruit, by form, by distribution channel, and geography
• Various industry models such as SWOT analysis, Value Chain Analysis pertaining to the canned fruits market
• Analysis of the key factors driving and restraining the growth of the global, regional, and country-level canned fruits markets from 2021-2027
• Competitive Landscape and market positioning of the top 10 players operating in the canned fruits market