The global canned fruits market to grow at a CAGR of 4% during the period 2016-2020.
Global Canned Fruits Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend that will gain traction in the global canned fruits market is increase in demand for private label brands. Worldwide, the number of private-label brands for canned fruits has increased with the growth in organized retail. Private labels of retailers account for more than one-third of the market share. Grocery retailers realize greater profit margins with their private-label products than with the bigger national brands. Private labels therefore are more reasonably priced and affordable to consumers. Despite the cost advantage, consumers look for quality and safety in the private-label products.
According to the report, extensive scope through organized retailing will drive growth in the global canned fruits market. Supermarkets and hypermarkets stock a wide array of products and brands in their stores and afford consumers the ease of quickly evaluating all options before making a purchase. Consumers therefore increasingly prefer to shop at such stores. Major canned fruit vendors therefore compete for shelf space in these large stores.
Further, the report states that Intense competition from fresh fruits. Fruits are best eaten fresh, in their natural form, without added sugars, salts, or preservatives. Canning involves some processing of the fruits, which can potentially alter their nature. Fruits lose much of their nutrients, especially vitamins, when heated or frozen. Heating destroys about one-third to one-half of certain vitamins and minerals but once canned, the loss is minimal. Heating also diminishes much of the antioxidant content in fruits.
Del Monte Foods
Dole Food Company
Other prominent vendors
Langeberg and Ashton Foods
Shanghai Maling Aquarius
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Geographical segmentation
Part 07: Market segmentation by distribution channel