Canned Tomatoes Market : Organic canned tomatoes are gaining traction | DeMatteis, General Mills, Inc

Canned tomatoes are also stored in large quantities by these establishments as tomato is a very versatile ingredient in cooking and gastronomy and has use in a myriad of cuisines. Thus, high purchase quantity of canned tomatoes by the hospitality industry is boosting the canned tomatoes market significantly.

Canned Tomatoes Market by Type, End User and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2021-2030," the global canned tomatoes market size was valued at $11.7 billion in 2020, and is projected reach $19.5 billion by 2030, registering a CAGR of 5.3% from 2021 to 2030.

Request PDF Brochure: https://www.alliedmarketresearch.com/request-sample/14607

The canned tomatoes market was not impacted severely as tomatoes came under the essential goods category. The demand increased during the Covid-19 pandemic as people began storing their food for longer time due to uncertain conditions.
The demand from the commercial segment reduced considerably. However, the demand has been recovered by the significant increase in demand from the residential sector.
Surge in sales through omni-channel approach and the trend of in-house cooking is expected to impact the market positively post-lockdown.

The hospitality sector consists of establishments such as hotels, restaurants, cafes, food trucks, pop up restaurants, and many others. These establishments work on tight schedules and need to prepare and deliver food quickly to provide seamless customer experience. As a result, these establishments needs to keep significant level of inventory used for cooking in stock to avoid abrupt ceasing of operations. As a result, most of these establishments make use of canned and packaged food that have long shelf lives along with food that need to be stocked daily, thus boosting the canned tomatoes market growth.

The Interested Stakeholders can Enquire for the Purchase of the Report @ https://www.alliedmarketresearch.com/purchase-enquiry/14607

Canned food are very popular in many parts of the world. However, a new type of food packaging, called aseptic packaging is gaining more popularity in the market. Aseptic packaging is a process in which the food is sterilized outside the package using suitable processes and is then packed in a sterile and safe environment. It eliminates most of the bacteria in the food and helps increase the shelf life of the food, similar to the canning process. However, aseptic packaging is more environmentally friendly than canning. This is because aseptic packaging makes use of paper and cartons for packaging that are biodegradable and more environmentally sustainable than cans. Also, tomatoes are now available in aseptic packaging, which provides tough competition to canned tomatoes.

With increasing preference towards aseptic packaging the demand canned tomatoes industry is expected to be negatively impacted.

Buy Now : https://www.alliedmarketresearch.com/checkout-final/fc62c54dedfbf034fe7127ff1dd0ff1e

The global report is studied on the basis of type, end user, sales channel, and region. Based on type, the global market is classified into whole peeled tomatoes, diced tomatoes, stewed tomatoes, and others. Based on end user, it is bifurcated into residential and commercial. Based on sales channel the global market is studied across offline channels and online channels. The global market is also studied across North America, Europe, Asia Pacific and LAMEA.

Some of the major players profiled in the canned tomatoes market analysis include Conagra brands, Del Monte Foods Holding Limited and Subsidiaries, DeMatteis, General Mills, Inc., Kraft Heinz Company, Nestle S.A., Princes Limited, Red Gold, Sun-Brite Foods Inc., and Unilever Plc. Other prominent players analyzed in the report are The Morning Star Company, COFCO Tunhe Tomato Co., Ltd., Xinjiang Chalkis Company Ltd, Ingomar Packing Co, Olam International, Los Gatos Tomato Products, and China Haohan Group Limited.

Speak to Analyst: https://www.alliedmarketresearch.com/connect-to-analyst/14607

Key Findings Of The Study

By type, the diced canned tomatoes leads in terms of market share however, the others canned tomatoes are expected to grow with the highest CAGR during the canned tomatoes market forecast period.
By end user, the residential segment leads in terms of market share, however the commercial segment is poised to gain market share in the coming years.
Significant portion of canned tomato sales are attributed to offline channels. The online sales of canned tomatoes is now gaining traction and is poised to grow with highest CAGR during the forecast period.
The Europe region leads with more than half of the canned tomatoes market share; however, the Asia-Pacific region is expected to witness the highest growth during the forecast period.

Access Full Summary: https://www.alliedmarketresearch.com/canned-tomatoes-market-A14238

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.