Canned Peeled Tomatoes Market Growing at 5.6% CAGR to Hit USD 6.8 Billion by 2032

According to a new report published by Allied Market Research, titled, "Canned Peeled Tomatoes Market," The canned peeled tomatoes market size was valued at $4 billion in 2022, and is estimated to reach $6.8 billion by 2032, growing at a CAGR of 5.6% from 2023 to 2032.

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Some of the key players profiled in the canned peeled tomatoes market analysis include B&G Foods, Bianco DiNapoli, Cento Fine Foods, Conagra Brands, Inc., Del Monte Pacific Limited, General Mills, Inc., La Doria S.p.A., Mutti S.p.A., The Kraft Heinz Company, and The Pastene Companies, Ltd.

Canned peeled tomatoes are a type of convenience food that provides a quick & easy way to add the flavor & nutrients of fresh tomatoes to a dish. Canned peeled tomatoes are an excellent convenience food alternative for home cooks who want to add the flavor & nutrients of fresh tomatoes to their dishes without the hassle of preparing them from scratch. Canned tomatoes are easily available at most grocery stores and can be used in a wide variety of recipes, from pasta sauces & soups to chili and casseroles. The year-round availability makes canned peeled tomatoes an attractive option for consumers who value convenience and want to incorporate tomatoes into their meals consistently which is expected to boost the growth of canned peeled tomatoes industry in the upcoming year.

The demand for processed food products has been steadily increasing over the past few years. This trend is due to several factors, including a rise in urbanization, a change in lifestyles, and an increase in the number of working women. Further, to capitalize on the market opportunities, manufacturers can focus on developing canned peeled tomato products that cater to the evolving preferences & tastes of consumers. This can include offering different types of canned peeled tomatoes, such as diced, whole, or crushed, to cater to different culinary needs. Moreover, they can develop innovative packaging solutions, such as resealable pouches or easy-open cans, to enhance convenience for consumers which is expected to propel canned peeled tomatoes market growth

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With the increasing demand for ready-to-use ingredients and the growing popularity of homemade meals, the canned peeled tomatoes market presents a lucrative opportunity for manufacturers to cater to the needs of consumers seeking convenience without compromising on taste and nutrition which is expected to fuel the canned peeled tomatoes market demand. The market opportunity for canned peeled tomatoes is significant owing to their versatility and wide-ranging applications in the food industry. Canned peeled tomatoes offer convenience, extended shelf life, and consistent quality, making them a preferred choice for various culinary purposes which is expected to create more canned peeled tomatoes market opportunities.

Food waste has become a global concern, and consumers are increasingly conscious of minimizing waste and making sustainable choices. Canned peeled tomatoes offer a longer shelf life compared to fresh tomatoes, reducing the likelihood of spoilage and thus, food waste. This aspect has driven the demand for canned peeled tomatoes among environmentally conscious consumers. Moreover, manufacturers emphasize the sustainability aspect of their canned peeled tomatoes by highlighting their extended shelf life and the reduction of food waste. Further, they can incorporate eco-friendly packaging materials and communicate their commitment to sustainable practices, appealing to consumers who prioritize environmental responsibility. With the canned peeled tomatoes market trends, the manufacturers are offering innovative products to gain a consumer base in developing countries.

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Key findings of the study

Depending on the type, the pureed tomatoes segment is projected to witness the highest CAGR of 7.1% during the forecast period.
By end user, the commercial segment is expected to grow at a significant CAGR during the forecast period.
As per sales channel, the online segment is projected to witness the highest CAGR of 6.3% during the forecast period.
Based on country, the U.S. recorded the highest revenue generation in 2023 for the canned peeled tomatoes market.
According to region, Asia-Pacific is anticipated to witness the highest growth rate, registering a CAGR of 7.8% from 2023 to 2032.

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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 domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. 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.

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