Canned Peeled Tomatoes Market By Type (Whole peeled tomatoes, Diced tomatoes, Crushed tomatoes, Pureed tomatoes, Others), By End User (Residential, Commercial), By Sales Channel (Online, Offline): Global Opportunity Analysis and Industry Forecast, 2023-2032
The global canned peeled tomatoes market size was valued at $3,952.1 million in 2022 and is projected to reach $6,779.5 million by 2032, registering a CAGR of 5.6% from 2023 to 2032.
Canned peeled tomatoes are a versatile ingredient that can be used in a wide variety of recipes to add flavor, nutrition, and color. They are a versatile ingredient that can be used in a wide variety of recipes from soups and stews to casseroles and pasta sauces, to add flavor, nutrition, and color. Canned tomatoes are also an excellent source of vitamins A and C, potassium, and fiber, making them a healthy addition to any diet.
Canned peeled tomatoes significantly reduce the preparation time required for various recipes, including pasta sauces, soups, stews, and curries. By using canned tomatoes, consumers skip the process of peeling and deseeding fresh tomatoes, which can be exhausting and time-consuming. This time-saving factor appeals to consumers who want to prepare meals efficiently, especially during weekdays when they have limited time for cooking. Manufacturers can leverage this versatility by developing new & innovative recipes that showcase the different culinary applications of canned peeled tomatoes. They can simultaneously work with chefs and culinary experts to create recipe ideas and cooking tutorials that inspire consumers to experiment with different cuisines and culinary techniques. Moreover, canned peeled tomato manufacturers can cater to the growing trend of ethnic and regional cuisines by offering canned peeled tomato products that are specifically formulated for these cuisines. This can include products that are spiced or flavored to suit the different culinary preferences of consumers in different regions.
Food waste has become a global concern, and consumers are increasingly conscious of minimizing waste and making sustainable choices. Canned peeled tomatoes offer a longer shelf life compared to fresh tomatoes, reducing the likelihood of spoilage and thus, food waste. This aspect has driven the demand for canned peeled tomatoes among environmentally conscious consumers. Moreover, manufacturers emphasize the sustainability aspect of their canned peeled tomato by highlighting their extended shelf life and the reduction of food waste. Further, they can incorporate eco-friendly packaging materials and communicate their commitment to sustainable practices, appealing to consumers who prioritize environmental responsibility.
Hypermarkets & supermarkets are the primary and the most important sales channel for canned peeled tomatoes, owing to their higher penetration. There are other retail channels such as specialty stores and online stores that serve as popular retail channels for canned peeled tomatoes. Further, top players are investing in improving their digital presence across the online channels and are rapidly gaining popularity. The rapid emergence of the modern online retail sales channel is expected to propel the growth of the canned peeled tomatoes market in the upcoming years.
There is a growing trend toward healthy & organic food products, which presents an opportunity for canned peeled tomato manufacturers to tap into organic segment. Consumers are becoming more health-conscious and are looking for food products that are free from harmful additives and preservatives. Manufacturers can leverage this opportunity by offering organic & natural canned peeled tomato products. This can include products that are certified organic, non-GMO, and free from artificial preservatives, colors, and flavors. Further, manufacturers can promote the health benefits of tomatoes, such as their high nutrient content and antioxidant properties, to attract health-conscious consumers
The canned peeled tomatoes market has seen significant growth in recent years, and rise in preference for private label products is one of the key factors driving this trend. One of the main reasons is that private label products are typically priced lower than branded products. This is due to the fact that the retailer does not have to pay for advertising or marketing costs associated with promoting a branded product. As a result, private label products are often seen as a more affordable option for consumers, particularly in times of economic uncertainty. In addition, private label products offer retailers greater control over the products they sell. By developing their own private label products, retailers can ensure that the products meet the needs and preferences of their customers, such as packaging, taste, and nutritional content. By offering products that are tailored to their customers' needs, retailers can build stronger relationships with their customers and increase customer loyalty.
The global canned peeled tomatoes market is segmented on the basis of type, end user, sales channel, and region. By type, it is divided into whole peeled tomatoes, diced tomatoes, crushed tomatoes, pureed tomatoes, and others. Depending on end user, it is divided into residential and commercial. As per sales channel, it is divided into online and offline. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, Italy, Spain, the UK, Russia, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, UAE, Argentina, and rest of LAMEA).
The players in the canned peeled tomatoes market have adopted acquisition, business expansion, partnership, collaboration, and product launch as their key development strategies to increase profitability and improve their position in the market.
Some of the key players profiled in the canned peeled tomatoes market analysis include B&G Foods, Bianco DiNapoli, Cento Fine Foods, Conagra Brands, Inc., Del Monte Pacific Limited, General Mills, Inc., La Doria S.p.A., Mutti S.p.A., The Kraft Heinz Company, and The Pastene Companies, Ltd.
Key Benefits For StakeholdersThis report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the canned peeled tomatoes market analysis from 2022 to 2032 to identify the prevailing canned peeled tomatoes market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the canned peeled tomatoes market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global canned peeled tomatoes market trends, key players, market segments, application areas, and market growth strategies.
Key Market SegmentsBy TypeWhole peeled tomatoes
Diced tomatoes
Crushed tomatoes
Pureed tomatoes
Others
By End UserResidential
Commercial
By Sales ChannelOnline
Offline
By RegionNorth America
U.S.
Canada
Mexico
Europe
Germany
France
Italy
Spain
UK
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Thailand
Malaysia
Indonesia
Rest of Asia-Pacific
LAMEA
Brazil
South Africa,
Saudi Arabia
UAE
Argentina
Rest of LAMEA
Key Market Players
B&G Foods, Inc.
Bianco DiNapoli
Cento Fine Foods, Inc.
Conagra Brands, Inc.
Del Monte Pacific Limited
General Mills, Inc.
La Doria S.p.A.
Mutti S.p.A.
The Kraft Heinz Company
The Pastene Companies, Ltd.
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