Global Canned Fruit Market Industry Trends, Estimation & Forecast, 2018 - 2025

Canning of food products is a food preservation technique that uses a mix of heating and storing procedures in airtight containers to significantly extend the shelf life of the foods by killing all the microorganisms that cause food spoilage. Virtually any variety of food products that is processed or harvested can be canned. The procedure has played a key role in provisioning armies with sufficient rations and has also been key in making available a variety of food products known or harvested in only certain geography to new regional markets. 
Although the consumer today has many options and can find food fresh for longer durations owing to technologically advanced storage and freezing methods, there was a time when a number of foods were only available in the canned form. Even now, canned foods remain a crucial part of any contemporary pantry. 

Canned fruits are favored by consumers in recent years due to that it is on par nutritionally with their fresh or frozen counterparts. For some products, the nutrition in canned foods is even greater. Fruits are sealed into air-tight cans or glass jars, thus preserving the original nutritional factors intact for more than 3 years. Most of the countries that import canned fruits do so because they are available throughout the year and not only during seasonal production. Also, they keep their fragrance and flavor for a long time.

Longer shelf-life of processed food like canned food offers the convenience factor which acts as the major growth driver for the industry. The changing consumer patterns in terms of dietary habits due to the influence of western culture have also fueled the demand for fruits and vegetable processing market. New product development, high investment in R&D and growing demand in the developing world are growth opportunities for the canned food industry.

The global Canned Fruits market is valued at 5010 million US$ in 2018 and will reach 7560 million US$ by the end of 2025, growing at a CAGR of 5.3% during 2019-2025.

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Representing the developed world, the United States will maintain a 3.9% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$69.7 Million to the region's size and clout in the next 5 to 6 years. Over US$58.4 Million worth of projected demand in the region will come from the Rest of Europe markets. In Japan, Canned Peaches will reach a market size of US$79.6 Million by the close of the analysis period. As the world's second-largest economy and the new game-changer in global markets, China exhibits the potential to grow at 7.9% over the next couple of years and add approximately US$582.7 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

The competitive landscape of the global canned fruit market had a largely consolidated nature in 2012, with the top three companies, namely Del Monte, Dole Food Company, Inc., and Seneca Foods Corporation, accounting for over 55% of the overall market. Other leading vendors operating in the global canned fruit market are Ardo NV; CHB Group; Conagra Brands, Inc.; Del Monte Foods, Inc.; Dole Packaged Foods LLC; Kronos SA; Musselman's; Rhodes Food Group Holdings Ltd.; Seneca Foods Corporation; Shandong Wanlilai Food Co., Ltd.; SunOpta, Inc.; The Kraft Heinz Company; Tropical Food Industries Co., Ltd.; Xiamen Gulong Canned Food Co., Ltd.

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