Global Canned Fruits Market to Reach US$11.7 Billion by 2030
The global market for Canned Fruits estimated at US$9.9 Billion in the year 2023, is expected to reach US$11.7 Billion by 2030, growing at a CAGR of 2.4% over the analysis period 2023-2030. Canned Peaches, one of the segments analyzed in the report, is expected to record a 3.9% CAGR and reach US$3.4 Billion by the end of the analysis period. Growth in the Canned Mixed Fruit segment is estimated at 2.4% CAGR over the analysis period.
The U.S. Market is Estimated at US$2.9 Billion While China is Forecast to Grow at 5.4% CAGR
The Canned Fruits market in the U.S. is estimated at US$2.9 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.8 Billion by the year 2030 trailing a CAGR of 5.4% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.3% and 3.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 0.0% CAGR.
Global Canned Fruits Market - Key Trends & Drivers Summarized
Canned fruits have been a staple in global diets for decades, providing a convenient and long-lasting way to consume fruits out of season. The canning process involves placing fruits in airtight, sealed containers and then heating them to a temperature that destroys potentially harmful microorganisms and enzymes. This method not only preserves the fruit for extended periods without the need for refrigeration but also retains most of the nutrients, making canned fruits a reliable source of vitamins and minerals year-round. The variety of fruits available in canned form has grown substantially, from staples like peaches, pears, and pineapples to more exotic fruits like guava and lychees, catering to a diverse global palate. Canned fruits are particularly popular in regions where fresh produce may be less available due to seasonal changes or economic constraints.
In response to consumer demand for healthier and more natural products, the canned fruit industry has seen significant innovations in recent years. Many manufacturers are now offering products with reduced sugar, no added preservatives, or organic options, aligning with the broader trends toward health and wellness. The packaging of canned fruits has also evolved, with companies increasingly using BPA-free linings and recyclable materials to address environmental concerns. Furthermore, there is a growing segment of premium canned fruits that are marketed as gourmet items, often preserved in natural juices or light syrups instead of heavy syrups, appealing to health-conscious consumers. These developments reflect the industry’s adaptation to changing consumer preferences and the increasing importance of sustainability in food production and packaging.
The growth in the canned fruits market is driven by several factors, including the increasing global demand for convenience foods, changing dietary patterns, and technological advancements in canning processes. As lifestyles become busier, consumers are seeking quicker, simpler ways to incorporate fruits into their diets without the preparation and storage hassles associated with fresh produce. Canned fruits offer a practical solution by providing ready-to-eat options that are both nutritious and convenient. Additionally, the rising awareness of the importance of a balanced diet rich in fruits and vegetables has bolstered the demand for canned fruit products, which are often more affordable and accessible than their fresh counterparts. Technological improvements have also made the canning process more efficient and environmentally friendly, reducing waste and energy consumption and further enhancing the appeal of canned fruits. Moreover, the expansion of retail distribution channels in emerging markets presents significant opportunities for growth, as new consumer bases gain access to a variety of canned fruit products previously unavailable in their regions.
Select Competitors (Total 77 Featured) -Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook