PUBLISHER: KBV Research | PRODUCT CODE: 1548673
PUBLISHER: KBV Research | PRODUCT CODE: 1548673
The Asia Pacific Canned Fruits Market would witness market growth of 3.7% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Canned Fruits Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,051.6 million by 2031. The Japan market is registering a CAGR of 3.1% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 4.5% during (2024 - 2031).
These fruits provide an extended shelf life compared to fresh fruits, making them an attractive option for consumers looking to stock up on fruits without the worry of spoilage. The ability to store these fruits for months or years contributes to their widespread adoption. These fruits offer the benefit of year-round availability, regardless of seasonal variations. Consumers can enjoy fruits that may not be in season locally, broadening their options and increasing their usage throughout the year.
The growing awareness of health and nutrition has influenced the adoption of these fruits. These fruits are an appropriate option for health-conscious consumers, as they retain a significant amount of their vitamins and minerals. Consumers are increasingly interested in products that provide nutritional benefits. The taste and quality of these fruits have improved over the years thanks to advancements in canning technology. This has led to greater consumer satisfaction and increased adoption, as people enjoy the taste and texture of these fruits that closely resemble their fresh counterparts.
Higher production levels enable producers to offer a wider variety of these fruits, catering to diverse consumer preferences. This variety, along with improved quality standards, makes these fruits more appealing to Chinese consumers. The growth in fruit production and consumption drives investment in modern technology and infrastructure within the canned fruit industry. Advanced canning techniques and better storage facilities improve product quality and shelf life, meeting the expectations of the growing market. Chinese consumers are becoming more health-conscious and value convenience. Canned fruits, perceived as a healthy and convenient option, align with these trends, driving market growth. Thus, high production and consumption of fruits in the region is driving the growth of the market.
Based on Form, the market is segmented into Cut Fruits and Whole Fruits. Based on Type, the market is segmented into Canned Peaches, Canned Pears, Canned Pineapples, Canned Oranges, and Others. Based on Distribution Channel, the market is segmented into Hypermarket/Supermarket, Online Retail, Specialty Stores, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
Asia Pacific Canned Fruits Market Report Segmentation
By Form
By Type
By Distribution Channel
By Country