Canned Preserved Food Market Is Expected to Reach Us$38.12 Bn by 2021

Transparency Market
Research
Canned Preserved Food Market - Asia Pacific and Latin America
Industry Analysis, Size, Share, Growth, Trends and Forecast,
2015 – 2021
Published Date
10-11-2015

73 Page Report

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Press Release
Canned Preserved Food Market in Asia Pacific and Latin America to
Breach US$38 bn Mark by 2021

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Canned Preserved Food Market

REPORT DESCRIPTION

According to a new market report published by Transparency Market Research “Canned Preserved Food
Market - Asia Pacific and Latin America Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 2021,” overall market in terms of revenue was valued at US$24.40 bn in 2014, and is expected to reach
US$38.12 bn by 2021, at a CAGR of 6.4% from 2015 to 2021. However, in terms of volume, the canned
preserved food market was valued at 6.28 bn kg in 2014 which is expected to increase to 8.55 bn kg by
2021, at a CAGR 4.4% over the forecast period.
The demand for canned preserved food market in Asia Pacific and Latin America is fuelled by the
increasing demand of instant ingredients or products in their daily use. Canned food including vegetables,
soups, fish, and meat are primarily ready-to-eat items. Foods in such type of packaging have longer shelf
life and can be consumed directly or by minimum heating. Growing urbanization is also fuelling the
demand for canned preserved food market in Asia Pacific and Latin America.
Migration of can components leading to botulism is one of the major factors restraining the canned
preserved food market in Asia Pacific and Latin America. The contaminated foodstuffs stored in canned
food items lead to botulism which leads to paralysis that originates in the facial muscles and later spreads
towards the limbs.
DelMonte Pacific Ltd.,...