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 Buy Now Request Sample 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 Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com [email protected] 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. View exclusive Global strategic Business 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. Transparency Market Research 2 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 Transparency Market Research 3 Canned Preserved Food Market 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) Transparency Market Research 4 Canned Preserved Food Market 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) Transparency Market Research 5 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 Transparency Market Research 6 Canned Preserved Food Market business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Contact Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com/ Transparency Market Research 7
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
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