Canning is a method of preserving food in which the food contents are processed and sealed in an airtight container. It increases the shelf life of food products by elimination of microorganisms that cause the food spoilage. Addition of preservatives further prolongs the shelf life and keeps food fresh for longer time.
The steadily changing and evolving food habits of the global population have significantly increased the global consumption of canned fruits in the past few years. Factors such as high disposable incomes, rapid rate of urbanization, rising numbers of nuclear households, and busy lifestyles are driving the increased demand for convenience foods. The increased inclination on easting outside food and the significant reduction in home cooking practices also continue to have a negative impact on the overall demand for canned fruits.
Canned Fruits Market Forecast Report (2018-2023)
Canned Fruits market size was around USD 10.15 billion in 2018. It is expected to grow at a CAGR of 3.3% to reach USD 11.94 billion by 2023. Canned Fruits have a longer shelf life compared to normal ones.
The Global market for Canned Fruits is segmented based on Type and Distribution Channel. Based on Type it is divided into Organic Fruits and Inorganic Fruits. Based on Distribution Channel it is divided into Supermarkets, Convenience stores, Specialist Retailers, Online Retails and Others.
By geography, the market is divided into regions of North America, Latin America, Europe, Middle East and Africa and Asia Pacific. Europe holds the major share in the market due to presence of market leaders as well as extensive use of Canned Fruits as a part of daily diet. Asia Pacific is the fastest growing region due to increasing disposable income, growing awareness and increasing adoption rate.
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