The North America Canned Fruits Market would witness market growth of 3.2% CAGR during the forecast period (2024-2031).
The US market dominated the North America Canned Fruits Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3,161.1 million by 2031. The Canada market is experiencing a CAGR of 5.2% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 4.6% during (2024 - 2031).
These fruits are versatile products with a range of applications across various sectors. Their convenience, extended shelf life, and consistent quality make them valuable in domestic and commercial settings. These fruits are popular dessert ingredients, such as fruit pies, cobblers, crumbles, and tarts. Their sweet flavor and tender texture make them ideal for these dishes. They are used in making fruit salads, providing a quick and easy way to enjoy a mix of fruits. These fruits can be combined with fresh produce or other canned varieties to create flavorful salads.
In addition, these fruits are a convenient option for preparing smoothies and fruit-flavored beverages. They are blended with yogurt, milk, or juice to create nutritious and delicious drinks. In baking, these fruits can be used as a filling for cakes, muffins, and bread. Their consistency and flavor add moisture and sweetness to baked goods. These fruits are also used to make fruit sauces and preserves. These products are commonly used as toppings for pancakes, waffles, and ice cream or as ingredients in savory dishes.
The growth of Mexico’s food processing industry is associated with the development of an extensive retail network. Supermarkets, hypermarkets, and specialty stores are increasingly stocking canned fruits, improving their accessibility and availability to Mexican consumers. The rise of e-commerce in Mexico’s food industry facilitates online grocery shopping. Canned fruit manufacturers can capitalize on this trend by enhancing their online presence and offering convenient purchasing options through digital platforms. Hence, North America's growing food and beverage processing sector is expected to boost the demand for probiotics in the region.
Free Valuable Insights: The Canned Fruits Market is Predict to reach USD 15 Billion by 2031, at a CAGR of 3.5%
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 U.S., Mexico, Canada, and Rest of North America.
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