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The canned fruits market size is forecast to increase by USD 1.87 billion between 2023 and 2028. accelerating at a CAGR of 3.2%. Market expansion hinges on several key factors, including the burgeoning realm of online retailing, which continues to witness robust growth. Simultaneously, the global market is experiencing a surge in product launches, catering to evolving consumer preferences and demands. Additionally, the modern pace of life, characterized by hectic schedules, is fueling a rising demand for convenience foods. These factors collectively drive the market forward, with consumers gravitating towards convenient options that align with their busy lifestyles. As online shopping becomes increasingly prevalent and canned fruits diversify their offerings, the market's trajectory is shaped by the intersection of innovation, consumer needs, and convenience, marking a significant evolution in the food retail landscape.
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The market is thriving due to the efficiency of canning methods and the appeal of food products like canned fruits. This sector benefits from seasonality and the need for packaged fresh fruits that offer consistent nutritional value throughout the year. Sales of canned fruits are driven by their convenience, including their availability in air-tight cans and glass jars. These products are enriched with essential minerals, vitamins, and fiber, making them a healthy choice for diverse diets. The armed forces utilize canned fruits as part of their ration due to their long shelf life and durability. Regional markets see varied demand, influenced by factors such as frozen food options and the incorporation of animal food. The market growth and forecasting is also affected by the prevalence of microorganisms that can impact food safety.
Growth in online retailing is notably driving the canned fruits market growth. Rising internet penetration globally is leading to the growth of e-commerce businesses. E-commerce has provided new opportunities for companies in the canned fruits industry to boost their sales, extend their geographical presence, and enhance customer relations and profitability. Moreover, a rise in demand for convenient shopping, ease in searching for products, attractive deals, and tailored offers on products are expanding the demand for online shopping worldwide.
Moreover, in addition, the rising interest and choice for online shopping among consumers due to shopping convenience have led many manufacturers and distributors to emphasis more on sales through these online channels and e-commerce platforms. Further, such platforms help business-to-business (B2B) and business-to-consumer (B2C) operations. To support the hassle-free delivery of canned fruits to consumers, new businesses are improving supply chains and logistics. Such a trend is boosting companies to focus on the internet-savvy consumer segment and explore new online retail formats, which may drive the growth of the market during the forecast period.
In the realm of canned fruits, Del Monte Foods has been a prominent player, offering a diverse range of products including the enticing Premium Gold Range featuring options like pineapple chunks and pineapple slices. The market segmentation is driven by various factors such as new product launches, catering to customer inclination towards organic food and clean-label products.Minimally processed food options are gaining traction among health-conscious consumers, focusing on nutritional properties like fiber, vitamins, and minerals. This resonates well with the increasing awareness among the vegetarian population seeking convenient products that align with their lifestyle preferences. While premium prices are associated with high-quality food from niche companies, effective pricing strategies consider household income variations and seasonal variations impacting the availability of fresh food.
The Cut Fruit segment was the largest segment and valued at USD 7.79 billion in 2018. The primary stimulating aspects for the growth of the cut fruit segment of the market are rapid urbanization, changing food habits, rising income levels, and the rising significance of convenience food. Cans are specially made of aluminum and steel as they are non-toxic and can be recycled. Also, growing health concerns and the need to consume fruits as a part of a low-calorie diet are anticipated to drive segment growth.
Europe is estimated to contribute 42% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional market trends and analysis and drivers that shape the market during the forecast period. Another region offering significant growth opportunities to companies is APAC. In APAC, the huge popularity of canned fruits among youngsters has expanded the consumption of canned fruits. Companies are expanding their market in the developing countries in APAC. New companies operating in the region are growing and strengthening their presence by establishing new varieties of canned fruit products.
In addition, the increased economic development in the region has created job opportunities, which, in turn, has resulted in an affluent population base that is hard-pressed for time. Consumers majorly look for convenience in the region, even if it comes at an extra expense. There has been an increase in demand for canned fruits not only in Japan and South Korea but also in developing nations such as India and China which in turn drive the market growth in the region during the forecast period.
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The Market is fragmented in nature. Some significant players include Ayam Sarl, Bikaner Polymers Pvt. Ltd, Campbell Soup Co., CHB Group, Del Monte Foods Inc., Delicia Foods India Pvt. Ltd., Dole plc,
The market research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
Knouse Foods Inc: The company offers canned fruits such as Shredded young green jackfruit in brine, Dole tropical gold pineapple pizza wedges, Fancy pineapple chunks.
Kwality Foods, Mitsubishi Corp., Revant Foods Pvt. Ltd., RFG Holdings Ltd., Seneca Foods Corp., Shandong Lixing Tin Food Co. Ltd., SunOpta Inc., The Kraft Heinz Co., Tiger Brands Ltd., Tropical Food Machinery srl, World Finer Foods LLC, and Conagra Brands Inc.
The market research and growth report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD Billion" for the period 2024 to 2028, as well as historical data from 2018 to 2022 for the following segments.
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The market is expanding due to advancements in canning technology and growing consumer demand for convenient food products. Canning preserves the nutritional value of fresh produce, offering preserved fruits in air-tight cans and glass jars. The COVID-19 pandemic has increased reliance on packaged fresh fruits and frozen food as staples. Regional markets are witnessing varied growth, influenced by factors such as seasonality and local preferences. Sales of canned fruits are also driven by celebrity endorsements and social media promotions, which boost product visibility. Furthermore, women’s employment and armed forces rationing contribute to increased animal food and food adulteration concerns, highlighting the importance of safe, long-lasting food storage solutions.
In addition, the market is experiencing growth due to increased demand for ready-to-eat food products and portable storage methods. Juice-dipped canned fruits such as canned peaches, canned pineapples, canned mixed fruits, canned citrus fruits, canned pears, and canned oranges offer health benefits, especially for managing diabetes. These products are available in supermarkets/hypermarkets, convenience stores, specialty stores, and through independent retailers. Major industry players like Dole Foods Company, Rhodes Food Group, and Roland Foods are prominent in this sector. Regional markets, including Australia, Belgium, and the Netherlands, are expanding with variations in economic regions affecting price fluctuations and shelf life. The rise of working women and the need for convenient food options contribute to the increasing popularity of whole fruits and cut fruits.
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Market Scope |
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Report Coverage |
Details |
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Page number |
160 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 3.2% |
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Market growth 2024-2028 |
USD 1.87 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
3.06 |
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Regional analysis |
APAC, Europe, North America, Middle East and Africa, and South America |
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Performing market contribution |
Europe at 42% |
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Key countries |
China, US, Germany, Japan, and UK |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Ayam Sarl, Bikaner Polymers Pvt. Ltd, Campbell Soup Co., CHB Group, Conagra Brands Inc., Del Monte Foods Inc., Delicia Foods India Pvt. Ltd., Dole plc, Knouse Foods Inc., Kwality Foods, Mitsubishi Corp., Revant Foods Pvt. Ltd., RFG Holdings Ltd, Seneca Foods Corp., Shandong Lixing Tin Food Co. Ltd., SunOpta Inc., The Kraft Heinz Co., Tiger Brands Ltd., Tropical Food Machinery srl, and World Finer Foods LLC |
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Market dynamics |
Parent market growth analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the market forecast period. |
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Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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