Good Growth Opportunities in Global Canned Fruits Market Till 2019

The global canned fruits market is highly concentrated with the top three players accounting for over 50% of the total market in 2012. Some of the players in the market include Dole Food Company, Inc., H.J. Heinz Company, ConAgra Foods, Seneca, and Del Monte. Most of the companies operating in canned fruits market own various brands, Transparency Market Research (TMR) finds in a new study. For instance, Del Monte has a wide range of brands such as Contadina, Del Monte, College Inn, S&W, and many others.

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Companies are entering into strategic partnerships and acquisitions in order to expand in the market. These partnerships and joint ventures help companies widen their product portfolio and expand their brand across the globe. A case in point would be Seneca Foods Corporation. The company has acquired Independent Foods, LLC. This acquisition has helped the company to add canned pears, apples, and cherries to its product portfolio.

Convenience and Nutritional Benefits Drive Demand for Canned Fruits

The steadily evolving food habits among the people due to urbanization, increasing disposable income, and emergence of nuclear families have led to an increase in the consumption of canned fruits. Other factors driving the demand for canned fruits include increase in the number of working women, busy lifestyles, and the availability of a wide range of fruits in different categories. As an increasing number of consumers seek convenience food, canned fruits have become an integral part of the grocery budget for many families. Canned fruits are convenient because they are available throughout the year, regardless of seasons. Moreover, they have no pits, peels, and stalks, making them ready to use as soon as the fruit can is opened. Canned fruits last for many months without the need for refrigerating.

Canned fruits are also appealing to the health conscious people as they do not contain preservatives and the nutritional value of these fruits are same as freshly picked fruits. As canned fruits are a good source of vitamin A, C, minerals, and fibers, their demand is high among consumers, including the health conscious people.

Rigorous Testing and Monitoring by USDA to Impede Growth of Canned Fruits Market

The additives and ingredients used in canned fruits are strictly regulated and monitored by the U.S. Department of Agriculture (USDA). The USDA has set certain standards and criteria for determining the safety of canned fruits. Rigorous testing is done to define the safety levels of different products. All canned fruits need to be U.S. Grade B and should be packed as per guidelines with a declaration of the proper content. The quality of the fruit, the strength of the syrup, the fruit mass in the container, and the possible existence of micro-biological decay are checked for. Products that do not conform to these strict regulations are rejected and not marketed.

Another factor affecting the demand for canned fruits is the availability of frozen fruits, says TMR. The frozen fruits market is on the ascent owing to the inclination of an increasing number of consumers towards hygienic and convenient options. A majority of nutrients in frozen fruits are locked and retained whereas canned fruits are blanched and flash frozen to remove bacteria, causing a loss of some vitamins in the process. Additionally, the availability of different fruit juices in innovative packaging makes them more convenient, portable and storable, which is also reducing the demand for canned fruits.

Increased Health Awareness Creates Demand for Organic Canned Fruits

“Canned fruits made from organic fruits presents a huge opportunity for players,” states a TMR analyst. The growing preference for organic and natural ingredients over their synthetic counterparts is driving the demand for organic canned fruits. Companies such as Eden Organic, Bionaturae, and Native Forest, provide organic canned fruits. Organic and natural ingredients are thus gaining momentum and will drive the consumption of organic canned fruits.

According to the report, the global market opportunity in canned fruits is expected to rise from US$9.45 bn in 2015 to over US$10.82 bn by 2019. Europe followed by North America is expected to lead in the global canned fruits market by 2019. Europe is expected to account for 45.6% of the global canned fruits market.

This information is based on the findings of a report published by Transparency Market Research titled “Canned Fruits Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2013 - 2019.”

The global canned fruits market is segmented as follows:

Geography

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

Canned Fruits Market: Evolving Food Habits of Global Consumers to Drive Growth

The global canned fruits market is highly concentrated with the top three players accounting for over 50% of the total market in 2012. Some of the players in the market include Dole Food Company, Inc., H.J. Heinz Company, ConAgra Foods, Seneca, and Del Monte. Most of the companies operating in canned fruits market own various brands, Transparency Market Research (TMR) finds in a new study. For instance, Del Monte has a wide range of brands such as Contadina, Del Monte, College Inn, S&W, and many others.

The canned fruits market is currently dominated by Europe, followed by North America. However, the growth in these two regional canned fruits markets is expected to slow down as Asia-Pacific witnesses significant progress. Emerging economies such as China, Japan, India, and Australia have largely contributed towards the growth of the canned fruits market in Asia-Pacific.

The research report analyzes the global canned fruits market, providing a detailed segmentation of key regions and product types. Important demand and supply trends have been tracked closely, evaluating their impact on the global canned fruits market. In addition to this, growth drivers, restraints, and future opportunities have been highlighted and assessed at length. Historic, current, and future statistics in terms of canned fruits market size, volume, and industry share provided in the report enable clients to devise well-informed strategies.

The report states that the global canned fruits market was worth US$8,626.6 million in 2012 and, growing at a 3.3% CAGR from 2013 to 2019, is expected to be worth US$10,827.7 by 2019. Europe led the global canned fruits market, accounting for 45.2% of the industry share in 2012. North America followed next with 34.5% of the global demand for canned fruits. Factors such as increasing penetration of international food brands, changing lifestyle and food habits, and growing trade relations have greatly influenced the Asia-Pacific canned fruits market and the region is expected to register a 3.8% growth rate during the forecast period.

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The global canned fruits market is segmented on the basis of geography into North America, Asia Pacific, Europe, the Middle East and Africa, and Rest of the World. In terms of regions, Europe held a massive share of 40% in the global canned fruits market in 2012. North America followed this region with a share of 30%.

According to research analysts, Asia Pacific is expected to surpass the leading markets in terms of growth rate as this region’s canned fruit market is likely to rise at a CAGR of 3.8% from 2013 to 2019. Rising disposable incomes, shifting food preferences, and changing demographics will govern the canned fruits market in the coming years in Asia Pacific. The growing number of working women, hectic lifestyles, and changing purchasing patterns are all expected to have a huge impact on the shape of the global canned fruits market in the coming years.

Canned Fruits Market Strongly Driven by Rising Global Demand

Global Canned Fruit Market: Snapshot

Canning of food products is a food preservation technique that uses a mix of heating and storing procedures in airtight containers to significantly extend the shelf life of the foods by killing all the microorganisms that cause food spoilage. Virtually any variety of food product that is processed or harvested can be canned. The procedure has played a key role in provisioning armies with sufficient rations and has also been key in making available a variety of food products known or harvested in only a certain geography to new regional markets.

Although the consumer today has many options and can find food fresh for longer durations owing to technologically advanced storage and freezing methods, there was a time when a number of foods were only available in the canned form. Even now, canned foods remain a crucial part of any contemporary pantry.

This report on the global canned fruits market provides a comprehensive overview of the present growth dynamics of the global market for canned fruits. The report states that the market will exhibit a 3.3% CAGR over the period between 2013 and 2019, rising from a valuation of US$8,626.6 mn in 2012 to US$10,827.7 mn in 2019.

Evolving Food Habits of Global Consumers to Drive Growth

The steadily changing and evolving food habits of the global population have significantly increased the global consumption of canned fruits in the past few years. Factors such as high disposable incomes, rapid rate of urbanization, rising numbers of nuclear households, and busy lifestyles are driving the increased demand for convenience foods. These trends have made canned fruits an integral part of pantries of families across the globe. In addition, the easy availability of a wide range of canned fruits and the understanding that canned fruits deliver better nutritional value and economical costs as compared to fresh fruits are improving the demand for canned fruits.

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However, the steady rise in the demand for minimally processed or fresh produce is expected to gradually erode the market in the next few years. Moreover, the increased inclination on easting outside food and the significant reduction in home cooking practices also continue to have a negative impact on the overall demand for canned fruits.

Europe to Continue to Remain Leading Contributor of Revenue to Global Canned Fruit Market

Europe held the dominant share of nearly 45% in the global canned fruit market in 2012. North America followed with a 34.5% of the global market in the same year. Collectively, the markets for canned fruit Europe and North America clearly have a strong hold on the overall development of the global canned fruit market and are expected to remain at the helm of the market’s future development. These regional markets are driven due to factors such as the high preference to convenience foods, busy lifestyles, and high disposable incomes. However, these regions will observe slow to stagnant growth over the report’s forecast period owing to the rising demand for organic and fresh food products.

The competitive landscape of the global canned fruit market had a largely consolidated nature in 2012, with the top three companies, namely Del Monte, Dole Food Company, Inc., and Seneca Foods Corporation, accounting for over 55% of the overall market. Other leading vendors operating in the global canned fruit market are Coca Cola Amatil Limited, H.J. Heinz Company, ConAgra Foods Inc., Rhodes Food Group, Pinnacle Foods Inc., and Princes Group.

Canned Fruits Market is likely to Reach US$10.83 bn by 2019, Surging at a CAGR of 3.3% from 2013 to 2019

Canning is a method of preserving food in an air tight container. Canned food has a fairly long shelf life, as long as it is stored properly. To store fruits for long time period, all spoilage causing bacteria have to be killed and prevented from reaching the food later. The global market for canned fruits was worth USD 8,626.6 million in 2012 and is expected to reach USD 10,827.7 million in 2019, growing at a CAGR of 3.3% from 2013 to 2019.

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One of the major trends driving growth in the canned fruits industry is the steadily evolving and changing food habits. Rapid urbanization, higher disposable income, emergence of nuclear families and many other factors drive consumers to seek convenience in almost every aspect of life and food is no exception. Canned fruits which are a form of convenience food are now an integral part of most families’ monthly grocery budget. In addition, surging number of working women, busy lifestyles, change in consumer purchasing patterns, availability of wide range of canned fruits products in different categories and the fact that canned fruits deliver better value for money than fresh fruits are compelling more and more consumers to use canned fruits.

Canned fruit cans are made from either aluminum or steel depending on the method followed by the container manufacture. The raw materials for both these alloys (aluminum & steel) are available naturally in large quantities across the globe and help in reducing the manufacturing cost of cans. Steel is supplied either as tin plates or as tin free steel. Both aluminum and steel are non-toxic materials and are easy to recycle after use which helps in saving energy, raw materials and managing waste. Steel cans are 100% recyclable. Recycling aluminum saves enormous amount of energy. For instance, producing 20 cans from recycled material uses the same power as making one can from raw materials.

A steady growth in minimally processed and fresh fruit consumption is gradually eroding the market for canned fruits. Moreover, the trend of reduced home cooking has also impacted the demand for canned fruits, which are traditionally purchased by consumers who cook food at home. Canned fruits have lost their market share to other products over the past few years.

Europe and North America were the market leaders of the global canned fruits market and accounted for more than 75% of the market in 2012. In 2012, Europe occupied the largest market share of 45.2% followed by North America, which occupied 34.5% share of the market. Factors driving the growth of the market are increasing preference for convenience foods, food safety concerns, and busy lifestyles. But, by 2019, North America is expected to lose its market share, while growth in the European market is expected to remain stagnant over the next six years. In future, Asia Pacific is expected to be the most promising market occupying 15.8% share of the total market with economies such as India, Japan, Australia and China being the chief contributors. Growing demand for canned fruits, changes in lifestyle, improving trade scenario and increasing local-foreign joint ventures are the major factors contributing to the growth of the market.

Del Monte with its wide range of brands such as Del Monte, Contadina, College Inn, S&W and many others was the clear leader of the market with a share of 29.0% in 2012 followed by Dole which accounted for 24.0% share of the market. Dole Food Company, Inc. is a manufacturer, distributor, and marketer of fresh vegetables and fresh fruits. Other companies such as Pinnacle, H.J. Heinz and many others accounted for a combined share of 12.0% in 2012. 

Organic Canned Fruits Present Multimillion-dollar Opportunity for Industry Players, reports TMR

The global canned fruits market is highly concentrated with the top three players accounting for over 50% of the total market in 2012. Some of the players in the market include Dole Food Company, Inc., H.J. Heinz Company, ConAgra Foods, Seneca, and Del Monte. Most of the companies operating in canned fruits market own various brands, Transparency Market Research (TMR) finds in a new study. For instance, Del Monte has a wide range of brands such as Contadina, Del Monte, College Inn, S&W, and many others.

Companies are entering into strategic partnerships and acquisitions in order to expand in the market. These partnerships and joint ventures help companies widen their product portfolio and expand their brand across the globe. A case in point would be Seneca Foods Corporation. The company has acquired Independent Foods, LLC. This acquisition has helped the company to add canned pears, apples, and cherries to its product portfolio.

Convenience and Nutritional Benefits Drive Demand for Canned Fruits

The steadily evolving food habits among the people due to urbanization, increasing disposable income, and emergence of nuclear families have led to an increase in the consumption of canned fruits. Other factors driving the demand for canned fruits include increase in the number of working women, busy lifestyles, and the availability of a wide range of fruits in different categories. As an increasing number of consumers seek convenience food, canned fruits have become an integral part of the grocery budget for many families. Canned fruits are convenient because they are available throughout the year, regardless of seasons. Moreover, they have no pits, peels, and stalks, making them ready to use as soon as the fruit can is opened. Canned fruits last for many months without the need for refrigerating.

Canned fruits are also appealing to the health conscious people as they do not contain preservatives and the nutritional value of these fruits are same as freshly picked fruits. As canned fruits are a good source of vitamin A, C, minerals, and fibers, their demand is high among consumers, including the health conscious people.

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Rigorous Testing and Monitoring by USDA to Impede Growth of Canned Fruits Market

The additives and ingredients used in canned fruits are strictly regulated and monitored by the U.S. Department of Agriculture (USDA). The USDA has set certain standards and criteria for determining the safety of canned fruits. Rigorous testing is done to define the safety levels of different products. All canned fruits need to be U.S. Grade B and should be packed as per guidelines with a declaration of the proper content. The quality of the fruit, the strength of the syrup, the fruit mass in the container, and the possible existence of micro-biological decay are checked for. Products that do not conform to these strict regulations are rejected and not marketed.

Another factor affecting the demand for canned fruits is the availability of frozen fruits, says TMR. The frozen fruits market is on the ascent owing to the inclination of an increasing number of consumers towards hygienic and convenient options. A majority of nutrients in frozen fruits are locked and retained whereas canned fruits are blanched and flash frozen to remove bacteria, causing a loss of some vitamins in the process. Additionally, the availability of different fruit juices in innovative packaging makes them more convenient, portable and storable, which is also reducing the demand for canned fruits.

Increased Health Awareness Creates Demand for Organic Canned Fruits

“Canned fruits made from organic fruits presents a huge opportunity for players,” states a TMR analyst. The growing preference for organic and natural ingredients over their synthetic counterparts is driving the demand for organic canned fruits. Companies such as Eden Organic, Bionaturae, and Native Forest, provide organic canned fruits. Organic and natural ingredients are thus gaining momentum and will drive the consumption of organic canned fruits.

According to the report, the global market opportunity in canned fruits is expected to rise from US$9.45 bn in 2015 to over US$10.82 bn by 2019. Europe followed by North America is expected to lead in the global canned fruits market by 2019. Europe is expected to account for 45.6% of the global canned fruits market.

This information is based on the findings of a report published by Transparency Market Research titled “Canned Fruits Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2013 - 2019.”

The global canned fruits market is segmented as follows:

Geography

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

Global Canned Fruits Market Is Expected To Reach USD 10,827.7 Million by 2019: Transparency Market Research

Transparency Market Research has launched a new market report titled “Canned Fruits Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”. According to the report the market was valued at USD 8,626.6 million in 2012 and is expected to reach USD 10,827.7 million by 2019 estimated to grow at a CAGR of 3.3% from 2013 to 2019.

The global market for canned fruits witnessed growth in recent years due to rising demand for convenient food. In addition, availability of variety of products and cheap and environment friendly raw materials are some of the other factors contributing towards market growth. Stringent government regulations and availability of different alternatives in the market for canned fruits are the major growth barriers to the market.

Europe dominated this market and accounted for over 40% share of the global demand in 2012 followed by North America which accounted for over 30% share for the same year. In the future, Asia Pacific is expected to be the most promising market and is expected to exhibit the fastest growth, with an estimated CAGR of 3.8% from 2013 to 2019. Growing demand for increasing spending habits, life quality, and changing trends in ethnicity are the major factors contributing to the growth of canned fruits in this region.

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The global market for canned fruits in 2012 was highly concentrated among the top three players which accounted for 54% share of the market. There are also many small and medium size players participating in the market. Private labels of retailers also accounted for more than 30% share of the market. Canned fruits either reach the producers directly through the industry participants by distribution of their own brands, or through integrated producers. In most of the cases, a wholesaler is involved. The wholesaler buys products from several different manufacturers and delivers those to retailers. Key players of the market are Del Monte, Dole, Seneca, and Rhodes Food Group among others.

Canned Fruits Market: Regional Analysis

• North America
• Europe
• Asia Pacific
• RoW

Global Canned Fruits Market to Rise at CAGR of 3.3% from 2013 to 2019 as Demand for Convenience Food Increases

Transparency Market Research has recently published a new research report that examines the various components of the global canned fruits market and the several trends and dynamics governing it. The research report, titled “Canned Fruits Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019,” explains canning as an important part of preserving food to ship or sell it in distant locations across the globe, all year round.

The evolution in techniques of canning fruits has opened up a whole new opportunity for growth for the overall food and beverages industry. These processes not only enhance the life of the fruits and other ingredients but also allow the consumer to enjoy fruits beyond their seasonal expiry dates. To understand the microscopic details of the global canned fruits market, the research report has used Porter’s five forces analysis. This market measurement tool highlights the intensity of competitive rivalry, the threat of new entrants, the threat of substitute products or services, the bargaining power of suppliers, and the bargaining power of customers.

According to the research report, the global canned fruits market was valued at US$8.62 bn in 2012 and is likely to reach US$10.83 bn by 2019, surging at a CAGR of 3.3% from 2013 to 2019. The growth of the global canned fruits market will be attributable to the increasing demand for convenience food items, rising yield of fruits, and environment-friendly raw materials. However, the global canned fruits market does face certain challenges such as tough regulatory frameworks and increasing competition from substitute items.

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The global canned fruits market is segmented on the basis of geography into North America, Asia Pacific, Europe, the Middle East and Africa, and Rest of the World. In terms of regions, Europe held a massive share of 40% in the global canned fruits market in 2012. North America followed this region with a share of 30%.

According to research analysts, Asia Pacific is expected to surpass the leading markets in terms of growth rate as this region’s canned fruit market is likely to rise at a CAGR of 3.8% from 2013 to 2019. Rising disposable incomes, shifting food preferences, and changing demographics will govern the canned fruits market in the coming years in Asia Pacific. The growing number of working women, hectic lifestyles, and changing purchasing patterns are all expected to have a huge impact on the shape of the global canned fruits market in the coming years.

Some of the key participants in the global canned fruits market are CHB Group, Dole Food Company, Inc., Del Monte Corporation, Coca Cola Amatil Limited, ConAgra Foods Inc., Pinnacle Foods Inc., H.J. Heinz Company, Princes Group, Seneca Foods Corporation, and Rhodes Food Group. The research report profiles these players and provides a clear explanation of the competitive landscape of the global canned fruits market. Furthermore, the research report also explains research and development activities, financial overview, investment outlook, strategic mergers and acquisitions, and business and marketing plans of these top players operating in the global canned fruits market in the coming years.

Major geographies analyzed under this research report are:

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

Canned Fruits Market to Be Driven by Changing Food Habits: Transparency Market Research

The chief objective of canning fruits is to preserve its nutritional values in a stable form so that it can be used, stored, or shipped to different places throughout the year. When fruits picked fresh from the farms or domestic markets are canned they do not lose their nutritional forms. This is because canning is a method of preserving food contents in a processed and sealed container that is airtight by nature. Canning fruits halt the decomposition process until the metal container is opened again. This means, if fruits are packaged immediately after picking up from the markets, they can contain higher levels of vitamins and nutrients that could maintain a shelf life ranging from one to five years from the date of manufacturing.

Browse: Canned Fruits Market

Canned Fruits Market – Industry Insights and Benefits

Canned fruits are extremely convenient to use because they last for several months in a row and are available throughout the year, irrespective of the season. Canned fruits do not require refrigeration and can be stocked in your kitchen in case of emergency. Some fruits preserved in metal cans have added syrup or sugar content, while others are extremely high in sugar and sodium – all of which can affect your health in certain ways. Hence, it is recommended if you are purchasing canned fruits then seek for brands offering low sugar or sodium content. Canned fruits are regarded a good alternative if you cannot get fresh fruits from the market for any reason.

The market for canned food is driven by the increase in demand for canned food and their environmental benefits. The availability of various products and environment friendly raw materials are significant factors contributing towards the growth of this market.

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However, in recent times, with the introduction of PET (Polyethylene Terephthalate) bottles and HDPE (High Density Polyethylene) materials in the packaging industry, the market for metal cans has lost its significance in terms of market shares, especially in the food and beverages segment. This market is stagnated due to growing health concerns among various consumers. The rising incidences such as diabetes have shunned the use of canned foods in favor of fresh food content. In addition, accessibility to alternative methods and stringent government regulations in the market for canned fruits act as major growth barriers to this market.

Canned Fruits Market: Regional Analysis

Geographically, North America and Europe were dominant leaders in the global canned fruits market in 2012. Together they accounted for more than 75% of the market shares. Europe dominated this market with nearly 45.2% share of the global demand in 2012, followed by North America with 34.5% shares for the same year. The factors driving these two markets are food safety concerns, preference for easy-packaged foods, and mundane lifestyles. While the European market will retain its position over the next six years, growth in North America is expected to slope down by 2019.

Furthermore, the Asia-Pacific region is growing up to be the next promising market consuming 15.8% of the total shares in the canned fruits market. Asia-Pacific that comprises economies such as, India, Australia, Japan, and China have rising demands for canned fruits due to changes in their lifestyles, surging number of working women, expansion of foreign joint ventures, and improvements in trade scenario. All these are major factors contributing to the growth of this market.

Global & Future Prospect

In most cases, canned fruits reach the producers through integrated manufacturers or directly through distribution of leading brands. A gradual growth in fresh fruit consumption is steadily eroding the market for canned fruits. This market has now become an integral part for most consumers and their monthly grocery budget. Even though, canned fruits have ceded its market shares to various other food products in the past few years, this market is expected to hit $10,827.7 million by 2019 from a figure of $8,626.6 million in 2012, further growing at a CAGR of 3.3% from 2013 to 2019.

Global Canned Fruits Market: APAC to Expand at 3.80% CAGR till 2019

A new research study, titled “Canned Fruits Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”, by Transparency Market Research (TMR) provides a 360-degree view of the market. According to the report, the global canned fruits market is poised to reach US$10.82 bn by the end of 2019.

Browse full Canned Fruits Market report at:http://www.transparencymarketresearch.com/canned-fruits-market.html

Canning allows to preserve and ship food to distant markets around the year. Using this process on fruits has resulted in the opening of a great number of markets for different fruit types across nations. The global canned fruits market will benefit from the growing demand for convenience food. Hectic lifestyles, more working women, and increasing urbanization are some of the factors driving demand for convenience foods, including canned fruits. The global canned fruits market will also benefit from the abundant produce of different types of fruits found around the world. In addition to this, the global canned fruits market will be propelled by the development of innovative and new products.

However, the global canned fruits market will be restrained by stringent and lengthy government guidelines. Moreover, the threat from substitutes is projected to suppress the global canned fruits market in the coming few years. Nevertheless, the global canned fruits market will greatly benefit from the growing preference of consumers towards organic alternatives.

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Generally, depending on the manufacturer’s choice, aluminum or steel is used to make containers for storing fruits. Raw materials for both these alloys are available in large quantities around the world, thus reducing the manufacturing cost of these containers. Furthermore, steel is 100% recyclable adding to its popularity among consumers. Moreover, recycling aluminum saves a massive amount of energy. These factors of canned fruit containers appeal to discerning consumers, consequently driving the overall canned fruits market.

Region-wise, the global canned fruits market is segmented into North America, Asia Pacific, Rest of the World, and Europe, the Middle East, and Africa (EMEA). Europe represented approximately 40% of the global canned fruits market in 2012, followed by North America at 30%. Nevertheless, in the coming few years, these figures are projected to change due to the rising demand from Asia Pacific for canned fruits. The Asia Pacific market for canned fruits holds good growth potential and is expected to expand at a 3.80% CAGR during the forecast period from 2013 to 2019. The demand for canned fruits in the APAC region is growing due to the increasing disposable incomes, changing culinary trends, and improving quality of life of consumers.

In 2012, approximately 54% of the global canned fruits market was dominated by the top three companies. On the other hand, small players, medium players, and private retailers represented 30% of the global canned fruits market. The research study profiles around 10 key companies operating in the global canned fruits market. These companies are Princes Group, CHB Group, Pinnacle Foods, Seneca Foods Corporation, Rhodes Food Group, Del Monte Corporation, H.J. Heinz Company, Dole Food Company, ConAgra Foods, and Coca-Cola Amatil. Producers typically source canned fruits from integrated producers. Wholesalers in the market buy products from several manufacturers and deliver them to retailers.

Major geographies analyzed under this research report are:

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

Browse the full Press Release:http://www.transparencymarketresearch.com/pressrelease/global-canned-fruits-market.htm

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