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Canned Fruits Market Trends

  • Report ID: GMI11607
  • Published Date: Sep 2024
  • Report Format: PDF

Canned Fruits Market Trends

The canned fruits industry is experiencing significant growth, driven by several key trends. According to the United States Department of Agriculture (USDA), the per capita consumption of canned fruits in the United States reached 12.8 pounds in 2020. The demand for organic products is rising, with the Organic Trade Association reporting that organic fruit sales increased by 11% in 2020, reaching USD 2.2 billion.
 

The convenience factor is also crucial, as the U.S. Bureau of Labor Statistics reports that the average American spends only 37 minutes per day on food preparation and cleanup. E-commerce is playing an increasingly important role, with the U.S. Census Bureau noting that food and beverage online sales grew by 74% in 2020. Additionally, the USDA's Economic Research Service reports that fruit imports, including exotic varieties, have been steadily increasing, reaching USD 18.9 billion in 2020, indicating a growing consumer interest in diverse fruit options.
 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of canned fruits reached USD 10.1 billion in 2023 and is projected to grow at a CAGR of over 5.3% from 2024 to 2032, driven by the demand for convenient and nutritious food options.

The market share for metal cans in the canned fruits sector is expected to grow at around 5% CAGR, reaching a size of USD 7.7 billion by 2032.

Supermarkets and hypermarkets are crucial distribution channels for the market, projected to grow at a CAGR of around 4.9%, reaching a market size of USD 6.1 billion by 2032.

Europe's market is set to achieve a size of approximately USD 4.5 billion, growing at a CAGR of 4.8% from 2024 to 2032 driven by a demand for convenience and quality, with a rising interest in organic and natural products.

A. Clouet & Co. (KL) Sdn. Bhd., CHB Group, Del Monte Foods, Inc., Dole plc, Golden Circle, Kangfa Food Co., Ltd., RFG Foods, The Kraft Heinz Company.

Canned Fruits Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 8
  • Tables & Figures: 172
  • Countries covered: 18
  • Pages: 200
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