Canned Fruits Market to Grow at CAGR of 4 %: Global Market Opportunities, Threats Faced by the Key Vendors Analysis and Forecast 2017-2021

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Canned Fruits market report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The report provides actionable intelligence on major factors influencing the Canned Fruits market (drivers, opportunities, industry specific challenges, and other critical issues) along with the Canned Fruits market size of various segments.

Fresh foods, especially fruits and vegetables, usually have a shelf life of a few days, after which they are unfit for consumption. The canning process enables storage of such foods for longer periods. It involves heating food packed in containers to high temperatures to destroy the microbes that cause deterioration. This also locks in the nutrients and prolongs shelf life. Canned fruits can be transported to different regions where they are not grown. Consumers thus have the option of trying a wide assortment of fruits, which would not be possible if not for canning. Canned fruits are therefore gaining popularity despite being a more expensive alternative to fresh fruit.

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On the grounds of comprehensive, reliable data derived from extensive research of multiple sources (both primary and secondary) and in-depth market analysis with inputs from industry experts, Canned Fruits market projected to grow at a CAGR of 4% during the period 2017-2021.

Canned Fruits Market Drivers, Challenges and Trends: –

Market Driver: – Extensive scope through organized retailing will drive growth in the global canned fruits market. supermarkets and hypermarkets stock a wide array of products and brands in their stores and afford consumers the ease of quickly evaluating all options before making a purchase. consumers therefore increasingly prefer to shop at such stores. major canned fruit vendors therefore compete for shelf space in these large stores.

Market Challenge: – Intense competition from fresh fruits. fruits are best eaten fresh, in their natural form, without added sugars, salts, or preservatives. canning involves some processing of the fruits, which can potentially alter their nature. fruits lose much of their nutrients, especially vitamins, when heated or frozen. heating destroys about one-third to one-half of certain vitamins and minerals but once canned, the loss is minimal. heating also diminishes much of the antioxidant content in fruits.

Market trend: – One trend that will gain traction in the global canned fruits market is increase in demand for private label brands. Worldwide, the number of private-label brands for canned fruits has increased with the growth in organized retail. Private labels of retailers account for more than one-third of the market share. Grocery retailers realize greater profit margins with their private-label products than with the bigger national brands. Private labels therefore are more reasonably priced and affordable to consumers. Despite the cost advantage, consumers look for quality and safety in the private-label products

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Geographic Segmentation: – APAC, Europe, North America, ROW

To calculate the Canned Fruits market size the report considers the revenue generated from the retail sales of canned fruits. The report covers the market landscape and its growth prospects over the coming years.  Further it converses about key vendors operating in Canned Fruits market like CHB Group, Del Monte Foods, Dole Food Company, Kraft Heinz, Rhodes Food and many more.

Some of the Exhibits included in Canned Fruits Market report: –

Exhibit 01: Key countries in each region

Exhibit 02: Product offerings

Exhibit 03: Global canned food market by type 2015

Exhibit 04: Global canned food market by type 2020

Exhibit 05: Global canned food market 2015-2020 ($ billions)

 

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With geographic breakdown of the Canned Fruits market in terms of detailed analysis and impact, this report provides business dimensions with an eye on growth opportunities and contribution of upcoming market segments.

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