Global Canned Fruits Market to Rise at Cagr of 3.3% from 2013 to 2019

Transparency Market
Research

Canned Fruits Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2013 - 2019

Published Date
19-11-2013

52 Page Report

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Press Release
Global Canned Fruits Market to Rise at CAGR of 3.3% from 2013 to 2019
as Demand for Convenience Food Increases

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Canned Fruits Market

REPORT DESCRIPTION

Transparency Market Research has launched a new market report titled “Canned Fruits Market - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”. According to the report the
market was valued at USD 8,626.6 million in 2012 and is expected to reach USD 10,827.7 million by 2019
estimated to grow at a CAGR of 3.3% from 2013 to 2019.
The global market for canned fruits witnessed growth in recent years due to rising demand for convenient
food. In addition, availability of variety of products and cheap and environment friendly raw materials are
some of the other factors contributing towards market growth. Stringent government regulations and
availability of different alternatives in the market for canned fruits are the major growth barriers to the
market.
Europe dominated this market and accounted for over 40% share of the global demand in 2012 followed
by North America which accounted for over 30% share for the same year. In the future, Asia Pacific is
expected to be the most promising market and is expected to exhibit the fastest growth, with an estimated
CAGR of 3.8% from 2013 to 2019. Growing demand for increasing spending habits, life quality, and
changing trends in ethnicity are the major factors contributing to the growth of canned fruits in this region.
The global market for canned fruits in 2012 was highly concentrated among the top three players which...