PUBLISHER: Grand View Research | PRODUCT CODE: 1553453
PUBLISHER: Grand View Research | PRODUCT CODE: 1553453
The global canned lychee market size is estimated to reach USD 652.2 million in 2030, expanding at a CAGR of 5.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. The convenience factor significantly contributes to market growth as canned lychee provides consumers with an easy and quick way to enjoy this fruit without having to deal with peeling. This appeals particularly to the busy lifestyles of urban consumers who seek nutritious, ready-to-eat food options. Furthermore, canned lychee offers a longer shelf life than fresh lychee, making it a popular choice for consumers who wish to have tropical fruits available in their pantry all year round.
Furthermore, there is a burgeoning demand for healthy and natural food products. Lychees contain bromelain, vitamin C, and other essential nutrients, which have been linked to various health benefits, including improved digestion and immunity. As awareness of these benefits increases, health-conscious consumers are more inclined to incorporate such nutrient-rich fruits into their diets. This health trend, coupled with the global reach of canned lychee, which is accessible even in regions where fresh lychee cannot be grown, further propels the market growth.
Additionally, advancements in packaging and preservation technologies have significantly contributed to the growth of the canned lychee market. Innovative packaging solutions not only extend the shelf life of the products but also improve their safety and quality by preventing contamination. Moreover, expanding distribution channels, including online retail, continues to drive consumer interest and market expansion for canned lychee globally.
Major players in the canned lychee market include Dole; Del Monte Foods; General Mills; Goya Foods; Ayam Brand; Bolton Group; Conagra Brands; B&G Foods; Dongwon Industries; and Rhodes Food Group. The players in the market employ various strategies to enhance their competitive edge and attract customers. These strategies include introducing new flavor varieties and leveraging social media platforms for targeted advertising, forming strategic partnerships with offline stores and expanding their product lines to cater to a broader audience.