Time Efficiency Offered by Canned Preserved Food to Continue to Boost its Demand, Says TMR

Transparency Market
Research
Canned Preserved Food Market - Asia Pacific and Latin America
Industry Analysis, Size, Share, Growth, Trends and Forecast,
2015 – 2021
Published Date
10-11-2015
73 Page Report
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Press Release
Increasingly Hectic Lifestyles Contribute to Expected Rise of Asia Pacific
and Latin America Canned Preserved Food Market to US$38.1 bn by
2021
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Canned Preserved Food Market
REPORT DESCRIPTION
Although the competitive landscape of the canned preserved food market in Asia Pacific and Latin America
boasts of a large pool of local as well as international players, only a few companies, namely, DelMonte
Pacific Ltd., H.J. Heinz Co., ConAgra Foods, Pinnacle Foods, and MTR Foods have managed to establish their
brands in these regions, finds a study by Transparency Market Research.
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report :http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=7610
As of now, these players mostly rely on the introduction of new products in varied flavors or with extra
nutritional value to strengthen their presence. However, in the coming years, they will need to penetrate
developing economies, such as China, Brazil, India, and Japan, where the market share of canned
preserved food is low at present but the future growth potential is very high.
Time Crunch in Urban Areas Drives Demand for Canned Preserved Food
“The time efficiency offered by canned food, as it is mostly readymade and does not require cooking, has
boosted its demand significantly in the recent times,” an analyst at TMR states. The fast-paced routines of
people across the world do not leave room for cooking in their day-to-day lives, owing to which, their
reliance on canned food is increasing rapidly. Since canned food can be preserved for a longer period of
time, it is witnessing a remarkable rise in its popularity, leading to a predicted surge in its demand in the
next few years.
Apart from this, the substantial rise in disposable income of people and the growing impact of western
culture, thanks to globalization, are also fueling the demand for canned preserved food in Asia Pacific and
Latin America. All these factors point towards a rewarding future for the canned preserved food market in
both the regions.
Presence of Excess Salt and Sugar Hampers Adoption of Canned Food Products
Despite the convenience offered by canned and preserved food, consumers show some degree of
apprehensiveness about including canned food products in their daily diet due to the excessive amount of
salt and sugar in these products. In the long run, this factor is likely hamper the growth of this market to
some extent.
Alongside the factor, the risk of harmful substances, such as bisphenol, being transferred from the
container to the food and the usage of lead as a preservative are also projected to limit the adoption of
canned preserved food in these regions over the forthcoming years.
Consumption of Canned Preserved Food to Remain High in Asia Pacific
Asia Pacific and Latin America, together, presented an opportunity worth US$24.4 bn for canned preserved
food in 2014. Rising at a CAGR of 6.40% between 2015 and 2021, it is likely to increase to US$38.12 bn by
the end of the forecast period.
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Canned Preserved Food Market
Among the two, Asia Pacific emerged as the key consumer of canned food in 2014. Trends indicate the
region to remain leading throughout the forecast period with revenue increasing to US$27.11 bn by 2021.
Asia Pacific is also projected to experience a rise by 1.71 Kg billion in the production of canned preserved
food by the end of the forecast period.
Country-wise, China is expected to continue to top the chart with utmost demand for canned preserved
food in the near future. Canned fish will witness high demand in both Asia Pacific and Latin America over
the next few years, states TMR.
The analysis presented here is based on a report by Transparency Market Research (TMR) titled “Canned
Preserved Food Market - Asia Pacific and Latin America Industry Analysis, Size, Share, Growth, Trends and
Forecast, 2015 - 2021.”
Key Takeaways
• Among a large pool of participants, only a few could establish their brands in the canned preserved
food market in Asia Pacific and Latin America
• Protracted preservation time adds significantly to the popularity of canned food products
• A rise by 1.71 Kg billion in the production of canned preserved food is likely to be witnessed in Asia
Pacific by 2021
The canned preserved food market in Asia Pacific and Latin America has been segmented as
follows:
By Product Type
• Canned Meat
• Canned Fish
• Canned Fruits
• Canned Vegetables
• Others
By Region
Asia Pacific
• India
• China
• Rest of Asia Pacific
Latin America
• Brazil
• Argentina
• Chile
• Rest of Latin America
TABLE OF CONTENT
Chapter 1 Asia Pacific and Latin America Canned Preserved Food Market: Preface
1.1.Report Description
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1.2.Market Segmentation
1.3.Research Scope
1.4.Research Methodology
Chapter 2 Asia Pacific and Latin America Canned Preserved Food Market: Executive Summary
Chapter 3 Asia Pacific and Latin America Canned Preserved Food Market: Market Overview:
3.1.Introduction
3.2.Market Drivers and Restraints
3.2.1. Market Drivers
Convenient and appealing to the consumers
Influence of Western Culture in Developing Countries
Growing Urbanization Driving the Consumption of Canned Food
3.2.2. Market Restraints
Migration of Canned Components and Botulism Affecting the Canned Preserved Food Market
Excess Salt and Sugar Content in Canned Food Products
3.2.3. Market Opportunities
3.3.Key Trends Analysis
3.4.Market Attractiveness Analysis
Chapter 4: Asia Pacific and Latin America Canned Preserved Food Market; by Type, 2014-2021
4.1.Overview
4.2.Asia Pacific and Latin America Canned Meat Market, Revenue and Volume Forecast, 2014-2021 (USD
Billion/Kg Billion)
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4.3.Asia Pacific and Latin America Canned Fish Market, Revenue and Volume Forecast, 2014-2021 (USD
Billion and Kg/Billion)
4.4.Asia Pacific and Latin America Canned Fruits Market, Revenue and Volume Forecast, 2014-2021 (USD
Billion/Kg Billion)
4.5.Asia Pacific and Latin America Canned Vegetables Market, Revenue and Volume Forecast, 2014-2021
(USD Billion/Kg Billion)
4.6.Asia Pacific and Latin America Others Market, Revenue and Volume Forecast, 2014-2021 (USD
Billion/Kg Billion)
Chapter 5: Asia Pacific and Latin America Canned Preserved Food Market, By Region, 20142021
5.1.Overview
5.2.Asia Pacific Canned Preserved Food Market, Revenue and Volume Forecast, 2014-2021 (USD Billion/Kg
Billion)
5.2.1.India Canned Preserved Food Market, Revenue and Volume Forecast, 2014-2021 (USD Billion/Kg
Billion)
5.2.2.China Canned Preserved Food Market , Revenue and Volume Forecast, 2014-2021 (USD Billion/Kg
Billion)
5.2.3.Rest of Asia Pacific Canned Preserved Food Market, Revenue and Volume Forecast, 2014-2021
(USD Billion/Kg Billion)
5.3.Latin America Canned Preserved Food Market, Revenue and Volume Forecast, 2014-2021 (USD
Billion/Kg Billion)
5.3.1.Brazil Canned Preserved Food Market, Revenue and Volume Forecast, 2014-2021 (USD Billion/Kg
Billion)
5.3.2. Argentina Canned Preserved Food Market, Revenue and Volume Forecast, 2014-2021 (USD
Billion/Kg Billion)
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Canned Preserved Food Market
5.3.3.Chile Canned Preserved Food Market, Revenue and Volume Forecast, 2014-2021 (USD Billion/Kg
Billion)
5.3.4.Rest of Latin America Canned Preserved Market, Revenue and Volume, 2014-2021 (USD Billion/Kg
Billion)
Chapter 6: Company Profiles
6.1.DelMonte Pacific Ltd.
6.2.H.J. Heinz Company
6.3.MTR Foods Pvt Ltd.
6.4.B&G Food Holdings Corporation
6.5.ConAgra Foods Inc.
6.6.Campbell Soup Company
6.7.Maple Leaf Foods Inc.
6.8.Pinnacle Foods Inc.
6.9.BRF S.A.
6.10.Dole Food Company Inc.
About Us
Transparency Market Research is a market intelligence company providing global business information
reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers.
We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use
proprietary data sources and various tools and techniques to gather, and analyze information. Our
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Canned Preserved Food Market
business offerings represent the latest and the most reliable information indispensable for businesses to
sustain a competitive edge.
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Although the competitive landscape of the canned preserved food market in Asia Pacific and Latin America boasts of a large pool of local as well as international players, only a few companies, namely, DelMonte Pacific Ltd., H.J. Heinz Co., ConAgra Foods, Pinnacle Foods, and MTR Foods have managed to establish their brands in these regions, finds a study by Transparency Market Research. View exclusive Global strategic Business report :http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=7610