Rising Canned Fruits Market Fueled by Japan’s Organic Surge and China’s $12.01 Billion Projection by 2033. Key drivers include tech advancements, consumer convenience, and nutritional awareness, propelling the market growth.
The growing market for canned fruit is a result of both technology developments and consumer needs for convenience and nutrition. Customers’ preference for organic products is expected to drive up demand for canned fruit in Japan, with a compound annual growth rate (CAGR) of 2.18%. China is expected to play a significant role in the market’s projected $12.01 billion valuation by 2033, bolstered by Japan’s preference for clean-label and organic food products.
A number of important factors have contributed to the canned frui
t industry’s remarkable expansion in recent years. These include significant advancements in the realm of packaging technology, a growing inclination among consumers to seek quick and convenient meals that may be chilled, and an increasing awareness of the nutritional advantages of canned fruits. It is anticipated that this industry-wide improvement would be bolstered by the rising
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Future Market Insights (FMI) lists this as one of Japan’s most lucrative and rapidly expanding industries. Because more consumers are searching for organic and clean-label foods, the demand for canned fruits has increased dramatically in the nation recently. These variables are likely to fuel a 2.18% compound annual growth rate (CAGR) in fruit canning sales in Japan over the estimated period of 2023–2033.
China is expected to be crucial in reaching the US$ 12.01 billion valuation for canned fruit by the end of 2033, according to FMI’s prediction. In addition, Japan has seen a rise in the popularity of clean-label and organic food items, which has improved the industry’s environment.
Growing apprehensions regarding the possible health hazards linked to eating food that includes artificial additives and preservatives have led Japanese consumers to gravitate towards clean-label and organic canned fruit goods. During the projected timeframe, this will support the industry’s growth.
Natural ingredients are used in organic and clean-label canned fruit products instead of artificial colours, flavours, or preservatives. In comparison to their conventional equivalents, they also usually have lower amounts of calories, salt, and sugar. As a result, these goods allow customers to enjoy the convenience of canned fruits along with the advantages of a healthy diet.
In addition, organic and clean label canned fruits are also usually cheaper than other forms of canned fruits. This is because organic farms often produce large volumes of fruit at low costs than traditional farms. Furthermore, organic canned fruits are often grown in an eco-friendly manner. This further reduces the cost of production, making them more affordable to consumers.
Finally, organic and clean-label canned fruits tend to have a longer shelf life than traditional canned fruits. This is because they do not contain artificial preservatives. This makes them ideal for stocking up on for use throughout the year.
Key Takeaways from the Canned Fruits industry
- The global canned fruits demand is projected to expand at a sluggish CAGR of 9%during the projected period (2023-2033).
- Japan is expected to account for a sizable market share in the market of canned fruits over the forecast period.
- Overall demand for canned fruits industry in Japan is anticipated to surge at 18% CAGRthrough 2033.
- Rising demand for organic and clean-label food products will drive demand for canned fruits in Japan.
“Growing inclination towards organic and clean label food products in Japan will stimulate the demand for canned fruits. Hence, key companies are focusing on manufacturing healthy and organic products to gain profits.”– Says an FMI Analyst.
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Competition Landscape in the Canned Fruits Industry
Key players in Japan’s canned fruits industry are relying on strategies such as new product launches, collaborations, acquisitions, business expansions, and partnerships to expand their market share.
Itochu, Princes, and J Gerber and Company are key companies in Japan canned fruits industry
Recent Developments
- In May 2020, Fresh Del Monte started operations at its new fresh cut plant in Japan. The new plant has an annual production capacity of 10,000 tons of fruits and vegetables, and thus will help company to meet growing consumer demand.
- In August 2021, the Greek Canners Association announced that it is working to improve ties with Japan. Members of the group, which represents the biggest fruit-processing businesses in the nation, have been selling their goods to the Japanese market for many years.
- In March 2017,The UK-based food and beverage company Princes, which is a subsidiary of the Japanese conglomerate Mitsubishi Corp., revealed measures to cut the amount of sugar in its Fruit Fillings products and to replace part of its canned fruit syrup with juice.
Key Segments in the Canned Fruits Industry
Nature:
- Organic
- Conventional
Form:
- Whole Fruit
- Cut Fruit
Distribution Channel:
- Supermarkets/Hypermarkets
- Online Retail Stores
- Specialty Stores
- Others
Region:
- North America
- Latin America
- Asia Pacific
- MEA (Middle East and Africa)
- Europe
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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