According to a new report, published by KBV research, The Global Canned Fruits Market size is expected to reach $15 billion by 2031, rising at a market growth of 3.5% CAGR during the forecast period.
The Cut Fruits segment is registering a CAGR of 3.1 % during the forecast period. Cut fruits are ready to eat, saving consumers the time and effort to wash, peel, and slice fresh fruits. This convenience appeals to busy individuals and families looking for quick, easy food options.
The Canned Peaches segment led the Global Canned Fruits Market by Type in 2023; thereby, achieving a market value of $4.7 billion by 2031. Peaches have a naturally sweet and juicy flavor that is highly appealing to consumers. Canning preserves this taste, making canned peaches a popular choice for those seeking a delicious fruit. Peaches are a good source of vitamins (such as vitamins A and C), minerals, and antioxidants.
The Hypermarket/Supermarket segment is growing at a CAGR of 3.2 % during the forecast period. Supermarkets and hypermarkets offer a broad range of canned fruits, providing consumers with numerous options in terms of types, brands, and packaging sizes. This variety attracts a diverse customer base with varying preferences.
Full Report: https://www.kbvresearch.com/canned-fruits-market/
The Europe region dominated the Global Canned Fruits Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $5.6 Billion by 2031. The North America region is anticipated to grow at a CAGR of 3.2% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 3.7% during (2024 - 2031).
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