Fruit Cans and Cups Market Report Overview
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The global fruit cans and cups market size is expanded rapidly in 2022 and market is expected to generate substantial revenue by 2031, exhibiting a high compound annual growth rate (CAGR) from 2022 to 2031.
Fruits that have been sterilized and placed in airtight containers—with or without syrup, water, or another liquid—are known as canned fruits. The majority of canned fruits have the same nutrients as fresh and frozen fruits. Some canned fruits actually have more vitamins and minerals than fresh fruit. Fruits that come in cans can be used to make meals, are ready to eat, and have a longer shelf life.
A fruit cup is a mixture of chopped fruits that is typically served as a dessert and are better snacks than chips or cookies, which only provide empty calories, because they contain vitamins and minerals. Fruit cups that don't contain any chemicals or added sugar can be a good way to get in a serving of fruit for a quick snack or a meal. Changing food habits of consumers, growing urbanization, busy lifestyle and rapid technological advancements are driving the fruit cans and cups market forward.
COVID-19 Impact: Pandemic Increased health concerns among the humans, boosting the demand for the product
The market benefited from the Covid-19 pandemic. The pandemic may have changed the bad reputation of canned fruits. In the short term, no one in the industry was spared. Among the many challenges affecting day-to-day operations as a result of nationwide lockdowns, making time for "contingency planning" was the most significant change to their daily routines. There was disruption of supply chains. However, due to a lack of fresh foods during COVID19, fruit cans and cups saw a surge in demand as people stockpiled them. In spite of the outbreak, Del Monte Foods saw a 200% increase in sales in March 2020 over the previous year.
Latest Trends
"Rising Trend of On-The-Go Consumption of juice to occupy major market growth"
Due to consumers' increased demand for healthy food and their busier lifestyles, they are more likely to buy nutritious foods like fruits on their way to work. Canned fruits are in high demand due to consumers' increased purchasing power and willingness to spend more on convenience, premium, and organic foods. Product launches by key players furthers accelerating product demand. For Instance, Dole Essentials fruit cups were the name of a new functional fruit-based product line that was introduced in July 2021 by Dole Packaged Foods, LLC. In April 2021, the Bonduelle Group acquired the Del Monte brand in Canada. Del Monte's strategy was to ensure that Canadian families got the nutrients and vitamins they needed by providing them with high-quality fruits and vegetables throughout the year through its canned fruits and on-the-go fruit cups.
Fruit Cans and Cups Market Segmentation
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- By Type Analysis
According to type, the market can be segmented into mandarin, orange, grapefruit, peach, pineapple, pear, mango, banana, kiwi and others.
- By Application Analysis
Based on service, the market can be divided into Offline Sales and Online Sales.
Driving Factors
"Changing Lifestyle of Consumers to Fuel Market Growth"
The market's expansion is being driven by factors such as the longer shelf life of fruits as a result of better food preservation techniques, the rapid rate of urbanization, the increasing demand for convenient meals, and so on. Consumers' propensity to consume ready-to-eat fruits has increased as a result of their busy lives. Convenient meals are becoming increasingly popular as a result of the rise in the number of nuclear families and households with more money to spend, which would eventually augment the demand for fruit cans and cups in the global market.
"Easy availability of the product to bolster market expansion"
The easy availability of a wide range of canned fruits and the rise in the number of working women worldwide are two additional factors boosting market expansion. These fruits are readily available year-round and do not require the pits, peels, or stalks to be removed, making them even more convenient. Market expansion is anticipated to be aided by accessibility and awareness of fruit cans' nutritional value. Further, increase in disposable income of consumers will boost fruit cans and cups market growth.
Restraining Factors
"Increasing Demand for Fresh Fruits to Impede Market Expansion"
The fruit cans and cups industry is expected to suffer as a result of the ongoing rise in demand for fresh and minimally processed fruits. In addition, a rise in outside food consumption and a decline in home cooking practices are both contributing to the market's gradual decline.
Fruit Cans and Cups Market Regional Insights
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"Changing Lifestyle in North America is Anticipated to Boost Market Development"
North America holds the leading position in fruit cans and cups market share as a result of advancements in canning technology. Consumers' food consumption habits have changed as a result of an increase in nuclear households and households' rising disposable incomes. These cans and cups now have a major preference among consumers. The market for canned fruits is expanding in North America due to the necessity of fruit consumption as part of a daily diet and the rise in the number of working women in the region.
Key Industry Players
"Market Expansion Is Being Driven By Key Players' Adoption of Innovative Strategies"
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio.
The top key players in the market are Del Monte, Dole, Princes, Langeberg and Ashton Foods, CHB Group, Rhodes, Tropical Food Industries, Seneca Foods, SPC, Kraft Heinz, Sainsbury's, Roland Foods and others. The strategies to develop new technologies, capital investment in R&D, improve product quality, acquisitions, mergers, and compete for the market competition help them to perpetuate their position and value in the market. Besides, collaboration with other companies & extensive possession over fruit cans and cups market shares by the key players stimulates market demand.
List of Market Players Profiled
- Del Monte
- Dole
- Princes
- Langeberg and Ashton Foods
- CHB Group
- Rhodes
- Tropical Food Industries
- Seneca Foods
- SPC
- Kraft Heinz
- Sainsbury's
- Roland Foods
- Kroger
- Kirkland Signature
- Huanlejia
- Leasun Food
- Three Squirrels
Report Coverage
This report examines an understanding of the fruit cans and cups market size, share, and growth rate, segmentation by type, application, key players, and previous and current market scenarios. The report also collects the market’s precise data and forecasts by market experts. Also, it describes the study of this industry’s financial performance, investments, growth, innovation marks, and new product launches by the top companies and offers deep insights into the current market structure, competitive analysis based on key players, key driving forces, and restraints that affect the demand for growth, opportunities, and risks.
Furthermore, the post-COVID-19 pandemic’s effects on international market restrictions and a deep understanding of how the industry will recover, and strategies are also stated in the report. The competitive landscape has also been examined in detail to provide clarification of the competitive landscape.
This report also discloses the research based on methodologies that define price trend analysis of target companies, collection of data, statistics, target competitors, import-export, information, and previous years’ records based on market sales. Moreover, all the significant factors which influence the market such as small or medium business industry, macro-economic indicators, value chain analysis, and demand-side dynamics, with all the major business players have been explained in detail. This analysis is subject to modification if the key players and feasible analysis of fruit cans and cups market dynamics change.
Frequently Asked Questions
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What is the leading region in fruit cans and cups market?
North America is the leading region in fruit cans and cups market.
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Which are the driving factors of the fruit cans and cups market?
Changing food habits of consumers, growing urbanization, busy lifestyle are the driving factors of the fruit cans and cups market.
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Which are the top companies operating in the fruit cans and cups market?
Del Monte, Dole, Princes, Langeberg and Ashton Foods, CHB Group, Rhodes, Tropical Food Industries, Seneca Foods, SPC, Kraft Heinz, Sainsburys, Roland Foods are the top companies operating in the fruit cans and cups market.
