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Evolving Food Habits of Global Consumers Drive Demand for Canned Fruits, Global Market to be worth US$10.8 bn by 2019

Posted on Nov 10, 2015

The report, titled “Canned Fruits Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”, published by the market intelligence firm Transparency Market Research, comprises a detailed and professional overview of the canned fruits market

 

Browse the full Canned Fruits Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 report at http://www.transparencymarketresearch.com/canned-fruits-market.html

The report analyzes the market for canned fruits, processed through a technique that enables preservation of a variety of exotic fruits and their transportation to distant lands, and makes them suitable for use through the year. The factors driving the market include the rising global demand for a variety of convenience foods, abundant production of fruits in certain locations, and environmentally viable raw materials used for preserving foods using canning. However, the market’s growth is restrained to a certain extent owing to factors such as the strict regulatory framework of food and beverage regulatory bodies in certain countries, and competition from substitute products. 

 

The report states that the global market for canned fruits, which had a valuation of US$8.6 bn in 2012, will grow at a 3.30% CAGR between 2013 and 2019 and rise to a valuation of US$10.8 bn by 2019. The steadily evolving food habits of today’s globalized population, rising urbanization, the presence of highly evolved transportation networks across distant corners of the globe, emergence of nuclear families, and rising disposable incomes are also some of the key factors leading to an increased demand for canned fruits. 

 

The report analyzes the global canned fruits market with a detailed segmentation of the market on the basis of product type and geography. The report also tracks important demand and supply trends in the market, evaluating their impact on the overall development of the global canned fruits market. The key regional markets studied in the report include Europe, North America, Asia Pacific, and the Rest of the World (RoW). Of these, Europe held nearly 40% of the overall market in 2012. North America followed Europe, acquiring a share of nearly 30% in the market. The report states that the market’s dynamics will change over the report’s forecast period and Asia Pacific will dominate the market owing to factors such as rising globalization, changing ethnicity-related trends, changing quality of life, and rising disposable incomes of the population in the region. 

 

In addition to statistics and important market figures, the report also presents detailed profiles of some of the key businesses operating in the market, along with their revenue details, business strategies, SWOT analysis, and recent developments. As such, the report gives the reader a thorough understanding of the competitive landscape of the global canned fruits market.  The report states that until 2012, nearly 54% of the market was under the dominance of the three top businesses. Small businesses, medium companies, and private retailers had a combined 30% share in the market. Some of the key businesses operating in the global canned fruit market include CHB Group, Dole Food Company, Inc., Princes Group, Coca Cola Amatil Limited, Pinnacle Foods Inc., Del Monte Corporation, H.J. Heinz Company, Rhodes Food Group, Seneca Foods Corporation, and ConAgra Foods Inc.
 

Major geographies analyzed under this research report are: 

  • EMEA
  • North America 
  • Asia-Pacific 
  • Rest of the World 

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. 

 

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

 

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