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Published Date: 2015-11-10Number of Pages: 73

Canned Preserved Food Market - Asia Pacific and Latin America Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2021

The canned preserved food market has been flourishing at a magnificent rate, especially in Asia Pacific and Latin America, due to several reasons. A recent news analysis shows that the packaged food industry in India was expected to reach about $20 bn by the end of 2014. This remarkable market size can be attributed to the influx of several multinational food packaging companies in the industry, increasing retail trade, technological advancements in packaging, and dramatic changes in the urban lifestyle. The inflation in food prices is also encouraging consumers to buy packaged food. These trends are also seen in other countries in Asia Pacific and Latin America and have been thoroughly researched in the report.

The canned and preserved food market in Asia Pacific and Latin America has been studied using a SWOT analysis and Porter’s five forces analysis. The microscopic scrutiny of the market helps in identifying the strengths, weaknesses, opportunities, and threats of the market, along with pinpointing the threat of new entrants, the threat of substitute products or services, the bargaining power of customers (buyers), the bargaining power of suppliers, and the intensity of competitive rivalry. The research report gives an exact understanding of the status of the market to readers to help them make well-informed business decisions.

Overview

Countries in Latin America and Asia Pacific are witnessing a surge in the demand for canned preserved food. The longer shelf-life of these food items, growing urbanization, and the convenience of ready-to-eat items are propelling the demand for canned preserved food in these regions. Furthermore, the busy lifestyles of consumers in urban areas are also making consumers opt for these kinds of food items. Improving per capita incomes are also one of the reasons for the positive growth trend in the canned preserved food market in Asia Pacific and Latin America.

According to the research report, the canned preserved food market in Asia Pacific and Latin America was worth US$24.4 bn in 2014 and is expected to reach US$38.1 bn by 2021, registering a whopping CAGR of 6.40% from 2015 to 2021. In terms of volume, the canned preserved food market was worth at 6.28 bn kg in 2014 and is expected to rise to 8.55 bn kg by 2021, moving forward at a CAGR 4.40% over the forecast period.

The canned preserved food market in Asia Pacific and Latin America has been segmented on the basis of product and region. The types of products sold in the Asia Pacific market are canned meat, canned fish, canned fruits, canned vegetables, and others. The countries scrutinized within the regional segment of Asia Pacific are India, China, and Rest of Asia Pacific, while the Latin American markets examined in the report are Chile, Argentina, Brazil, and Rest of Latin America.

Companies Mentioned in the Canned Preserved Food Market to Asia Pacific and Latin America are:

Some of the important players profiled in the canned preserved food market are Pinnacle Foods Inc, DelMonte Pacific Ltd., MTR Foods Pvt Ltd., H.J. Heinz Company, and ConAgra Foods Inc.

Asia Pacific and Latin America Canned Preserved Food Market by Geography:

  • Asia Pacific
    • India
    • China
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Argentina
    • Chile
    • Rest of Latin America

This report gives you access to decisive data such as:

  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for the coming years

Key highlights of this report

  • Overview of key market forces propelling and restraining market growth
  • Up-to-date analyses of market trends and technological improvements
  • Pin-point analyses of market competition dynamics to offer you a competitive edge
  • An analysis of strategies of major competitors
  • An array of graphics and SWOT analysis of major industry segments
  • Detailed analyses of industry trends
  • A well-defined technological growth map with an impact-analysis
  • Offers a clear understanding of the competitive landscape and key product segments


Chapter 1Asia Pacific and Latin America Canned Preserved Food Market: Preface
1.1.Report Description
1.2.Market Segmentation
1.3.Research Scope
1.4.Research Methodology

Chapter 2Asia Pacific and Latin America Canned Preserved Food Market:  Executive Summary

Chapter 3Asia Pacific and Latin America Canned Preserved Food Market: Market Overview:
3.1.Introduction
3.2.Market Drivers and Restraints
     3.2.1. Market Drivers
            Convenient and appealing to the consumers
            Influence of Western Culture in Developing Countries
            Growing Urbanization Driving the Consumption of Canned Food
     3.2.2. Market Restraints
            Migration of Canned Components and Botulism Affecting the Canned Preserved Food Market
            Excess Salt and Sugar Content in Canned Food Products
     3.2.3. Market Opportunities
3.3.Key Trends Analysis
3.4.Market Attractiveness Analysis

Chapter 4:  Asia Pacific and Latin America Canned Preserved Food Market; by Type, 2014-2021
4.1.Overview
4.2.Asia Pacific and Latin America Canned Meat Market, Revenue and Volume Forecast, 2014-2021 (USD Billion/Kg Billion)
4.3.Asia Pacific and Latin America Canned Fish Market, Revenue and Volume Forecast, 2014-2021 (USD Billion and Kg/Billion)
4.4.Asia Pacific and Latin America Canned Fruits Market, Revenue and Volume Forecast, 2014-2021 (USD Billion/Kg Billion)
4.5.Asia Pacific and Latin America Canned Vegetables Market, Revenue and Volume Forecast, 2014-2021 (USD Billion/Kg Billion)
4.6.Asia Pacific and Latin America Others Market, Revenue and Volume Forecast, 2014-2021 (USD Billion/Kg Billion)

Chapter 5: Asia Pacific and Latin America Canned Preserved Food Market, By Region, 2014-2021
5.1.Overview 
5.2.Asia Pacific Canned Preserved Food Market, Revenue and Volume Forecast, 2014-2021 (USD Billion/Kg Billion)
     5.2.1.India Canned Preserved Food Market, Revenue and Volume Forecast, 2014-2021 (USD Billion/Kg Billion)
     5.2.2.China Canned Preserved Food Market , Revenue and Volume Forecast, 2014-2021 (USD Billion/Kg Billion)
     5.2.3.Rest of Asia Pacific Canned Preserved Food Market, Revenue and Volume Forecast, 2014-2021 (USD Billion/Kg Billion)
5.3.Latin America Canned Preserved Food Market, Revenue and Volume Forecast, 2014-2021 (USD Billion/Kg Billion)
     5.3.1.Brazil Canned Preserved Food Market, Revenue and Volume Forecast, 2014-2021 (USD Billion/Kg Billion)
     5.3.2. Argentina Canned Preserved Food Market, Revenue and Volume Forecast, 2014-2021 (USD Billion/Kg Billion)
     5.3.3.Chile Canned Preserved Food Market, Revenue and Volume Forecast, 2014-2021 (USD Billion/Kg Billion)
     5.3.4.Rest of Latin America Canned Preserved Market, Revenue and Volume, 2014-2021 (USD Billion/Kg Billion)

Chapter 6: Company Profiles
6.1.DelMonte Pacific Ltd.
6.2.H.J. Heinz Company
6.3.MTR Foods Pvt Ltd.
6.4.B&G Food Holdings Corporation
6.5.ConAgra Foods Inc.
6.6.Campbell Soup Company
6.7.Maple Leaf Foods Inc.
6.8.Pinnacle Foods Inc.
6.9.BRF S.A.
6.10.Dole Food Company Inc.

List of Figures 

FIG 1: Asia Pacific and Latin America Canned Preserved Food Market, Revenue and Volume Forecast, 2014-2021 (USD Billion/Kg Billion)
FIG 2: Market Attractiveness Analysis of Asia Pacific and Latin America Canned Preserved Food Market 
FIG 3: Asia Pacific and Latin America Canned Preserved Food Market, Revenue Share by Types
FIG 4: Asia Pacific and Latin America Canned Meat Market, Revenue and Volume Forecast, 2014-2021 (USD Billion/Kg Billion)
FIG 5: Asia Pacific and Latin America Canned Fish Market, Revenue and Volume Forecast, 2014-2021 (USD Billion/Kg Billion)
FIG 6: Asia Pacific and Latin America Canned Fruits Market, Revenue and Volume Forecast, 2014-2021 (USD Billion/Kg Billion)
FIG 7: Asia Pacific and Latin America Canned Vegetables Market, Revenue and Volume Forecast, 2014-2021
FIG 8: Asia Pacific and Latin America Others Market, Revenue and Volume Forecast, 2014-2021(USD Billion/Kg Billion)
FIG 9: Asia Pacific and Latin America Canned Preserved Food Market, Revenue Share by region 2014-2021 
FIG10: Asia Pacific Canned Preserved Food Market, Revenue and Volume Forecast, 2014-2021 (USD Billion/Kg Billion)
FIG 11: India Canned Preserved Food Market, Revenue and Volume Forecast, 2014-2021 (USD Billion/Kg Billion)
FIG 12: China Canned Preserved Food Market, Revenue and Volume Forecast, 2014-2021 (USD Billion/Kg Billion)
FIG 13: Rest of Asia Pacific Canned Preserved Food Market, Revenue and Volume Forecast, 2014-2021 (USD Billion/Kg Billion)
FIG 14: Latin America Canned Preserved Food Market, Revenue and Volume Forecast, 2014-2021 (USD Billion/Kg Billion)
FIG 15: Brazil Canned Preserved Food Market, Revenue and Volume Forecast, 2014-2021 (USD Billion/Kg Billion)
FIG 16: Argentina Canned Preserved Food Market, Revenue and Volume Forecast, 2014-2021 (USD Billion/Kg Billion)
FIG 17; Chile Canned Preserved Food Market, Revenue and Volume Forecast, 2014-2021 (USD Billion/Kg Billion)
FIG 18: Rest of Latin America Canned Preserved Food Market, Revenue and Volume Forecast, 2014-2021 (USD Billion/Kg Billion)

List of Tables

TABLE 1: Asia Pacific Canned Preserved Food Market, Revenue Forecast, 2014-2021,(USD Billion)
TABLE 2: Asia Pacific Canned Preserved Food Market, Volume Forecast, 2014-2021 (Kg Billion)
TABLE 3: Asia Pacific Canned Preserved Food Market, Average Selling Price Forecast, 2014-2021 (USD)
TABLE 4: Latin America Canned Preserved Food Market, Revenue Forecast, 2014-2021 (USD Billion)
TABLE 5: Latin America Canned Preserved Food Market, Volume Forecast, 2014-2021 Kg Billion)
TABLE 6: Latin America Canned Preserved Food Market, Average Selling Price Forecast, 2014-2021 (USD)

Canned preserved food market in Asia Pacific and Latin America has significant potential for growth. This is attributed to the low market penetration rate for canned preserved food due to which, the manufacturers operating in the canned preserved food market are looking to penetrate Asia Pacific and Latin America. 

The long shelf life of canned preserved food items compared to their fresh counterparts is one of the major factors fuelling the demand for canned preserved food market in Asia Pacific and Latin America. In addition, changing consumer pattern in terms of feeding habits due to the influence of the Western culture is also driving the demand for canned preserved food market in Asia Pacific and Latin America. Due to the increasing number of the working population in the developing countries such as India, China ,Brazil, Argentina and others, the consumers are shifting towards the consumption of canned preserved food as they are time efficient and they can be stored for a longer period of time. 

Excess salt and sugar content in canned preserved food items is restraining the canned preserved food market. The canning process involves dissolution of salt in water due to which canned food is a rich source of salt in diet. Excessive consumption of salt is known to have adverse effect on human health such as high blood pressure which leads to water retention and increased loss of calcium content in a human body. According to the Centers for Disease Control and Prevention, excess consumption of sodium chloride (salt) can lead to heart diseases and stroke. In addition to the dissolved salt contained in canned food, a fair amount of sugar content is also present. For example, canned fruits contain syrups to make them more dessert-like and palatable. Excessive addition of syrup in others and similar food items leads to increased amount of carbohydrates and high calorie count in the end product.

Due to the low market penetration, the manufacturers operating in the canned preserved food market are looking to explore the untapped regions for significant expansion opportunities. This factor is expected to serve as a suitable opportunity for the canned preserved food market.
Canned fish dominated the canned preserved food market in Asia Pacific and Latin America followed by canned meat. Asia Pacific dominated the Asia Pacific and Latin America Canned preserved food market and is expected to dominate the market throughout the forecast period. India and China are the major contributors for canned preserved food market in Asia Pacific capturing majority of the market share. The high market share is attributed to the influence of the western culture on the consumers in terms of feeding habits. This has been further fuelled by the increasing busy lifestyle, where the consumers are looking toward consuming canned food in order to save time that is consumed while preparing food. Argentina and Brazil are the major contributors to the canned preserved food market in Latin America.

The canned preserved food market in Asia Pacific and Latin America is marked by some intense competition from the major players operating in this market. Product innovations through extensive research and development, joint ventures, partnerships, mergers and acquisitions are some of the major strategies undertaken by these players to sustain and increase their presence in the canned preserved food market in Asia Pacific and Latin America. ConAgra Foods Inc., MTR Foods Pvt Ltd., B&G Food Holdings Corporation, DelMonte Pacific Ltd., H.J. Heinz Company are some of the major players operating in the Asia Pacific and Latin America canned preserved food market.

 

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