PUBLISHER: KBV Research | PRODUCT CODE: 1548674
PUBLISHER: KBV Research | PRODUCT CODE: 1548674
The Latin America, Middle East and Africa Canned Fruits Market would witness market growth of 5.4% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Canned Fruits Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $300.5 million by 2031. The Argentina market is showcasing a CAGR of 6.6% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 5.1% during (2024 - 2031).
These fruits market is experiencing several dynamic trends that reflect changing consumer preferences, technological advancements, and evolving industry standards. These trends shape the market's growth and direction, influencing product offerings and consumer behavior. There is a growing demand for healthier food options, including these fruits with reduced sugar content. Consumers are increasingly aware of sugar's health impacts and seek products offering lower sugar alternatives without compromising taste.
In response to the rising health consciousness, manufacturers are fortifying these fruits with additional vitamins and minerals. Products enriched with vitamins C, fiber, and antioxidants are gaining popularity as they align with the consumer focus on wellness and balanced diets. The demand for natural and organic fruits is on the rise. Consumers are seeking products free from artificial additives, preservatives, and pesticides. Organic these fruits are perceived as healthier and more environmentally friendly, contributing to their growing market presence.
These fruits enhance the appeal of traditional Emirati and Middle Eastern dishes, such as sweets and beverages. They also create fusion dishes that combine local and international flavors. The UAE's food service industry is heavily influenced by international cuisine. These fruits allow chefs to replicate global dishes accurately, contributing to the authenticity and variety of culinary offerings. Thus, the growing food industry in LAMEA will help these fruits market grow.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
LAMEA Canned Fruits Market Report Segmentation
By Form
By Type
By Distribution Channel
By Country