Canned Fruits and Vegetables Market: By Product (Tomatoes, Mushrooms, Bulbs, Peas, Sweet Corn, Bean, Peaches, Strawberries, Raspberry), By Form (Peeled, Sliced, Chopped), By Application (Toppings and Dressings, Salad, Culinary) and Geography  

Canned Fruits And Vegetables Market size was valued at USD 103.7 billion in 2023 and is poised to grow at 2.7% CAGR over the forecast years to reach USD 125.0 billion by 2030. The canned fruits and vegetables market is driven by the rising demand for convenience food, growing urbanization, increasing disposable income, and health benefits. The hectic lifestyles of people these days are driving the demand for canned fruits and vegetables that offer a long shelf life and are readily available, making them a popular choice for busy consumers. and the increasing urbanization trend is leading to a rise in nuclear families working and this leaves less time for people to cook elaborate meals, and canned fruits and vegetables provide a quick and easy solution.

Additionally, rising disposable incomes in developing countries are allowing people to spend more on processed and packaged foods, including canned fruits and vegetables, which are good sources of vitamins, minerals, and fibre, also a low-fat and low-calorie option, which is appealing to health-conscious consumers. The canned fruits and vegetables market is expected to grow significantly in emerging markets such as China, India, and Brazil. Innovation, expansion into emerging markets, and e-commerce are the opportunities, and focus on organic and non-GMO, convenience packaging, and private label products are the trends in the canned fruits and vegetables market. The constraints of the canned fruits and vegetables market will hinder the market growth which are related to health concerns, price fluctuations, and seasonality.

Canned Fruits And Vegetables Market Key Developments:

• In January 2022, RFG Holdings Ltd, through its subsidiary Rhodes Food Group, acquired the frozen foods business from Pioneer Foods. The deal included well-known brands such as Today, Mama’s, Big Jack, and Man’s Meal.
• In August 2021, Bonduelle USA, Inc., announced an investment of at least $5 million to expand its operations at its Lebanon, PA plant. This expansion is expected to create 35 additional full-time positions.