Canned Pineapple Market to Grow with a CAGR of 4.60% through 2029
The global canned pineapple market is
driven by increasing demand for convenient, ready-to-eat food products,
expanding distribution channels, and rising consumer preference for tropical
fruits.
According to
TechSci Research report, “Canned Pineapple Market – Global Industry Size,
Share, Trends, Competition Forecast & Opportunities, 2029F”, the global
Canned Pineapple market stood at USD 1.90 billion in 2023 and is expected to
grow USD 2.48 billion by 2029 with a CAGR of 4.60% during the forecast period. The global canned pineapple market has
seen significant growth recently, driven by rising consumer demand for
convenient, nutritious, and versatile food options. Canned pineapple, renowned
for its long shelf life and availability throughout the year, has become a
staple in households and foodservice operations worldwide. This market
expansion is supported by several key factors, including shifting dietary
preferences, evolving retail environments, and advancements in food processing
technology.
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"Global Canned Pineapple Market”
A
major factor fueling the global canned pineapple market is the increasing
consumer focus on health and nutrition. Pineapples are rich in essential
vitamins and minerals, notably Vitamin C and manganese, which are valued for
their antioxidant properties and immune system benefits. This trend towards
healthier eating has boosted the demand for canned pineapple as an easy way to
incorporate these nutrients into daily diets. Canned pineapple provides the
same health advantages as fresh pineapple, with the added benefits of extended
shelf life and convenience in various culinary applications.
Technological
advancements in food processing and packaging have significantly influenced the
global canned pineapple market. Innovations in canning technology have improved
the quality and safety of canned pineapple products, while also extending their
shelf life. Additionally, improvements in packaging materials and designs have
enhanced the product's appeal and convenience, making canned pineapple more
attractive to consumers.
However,
the global canned pineapple market faces several challenges. Fluctuations in
raw material prices, such as pineapples, can affect production costs and
pricing strategies. Additionally, growing concerns about environmental
sustainability and packaging waste are driving companies to seek eco-friendly
packaging solutions and adopt sustainable sourcing practices. Addressing these
challenges is crucial for maintaining long-term growth and ensuring the
sustainability of the canned pineapple market.
The global canned
pineapple market is segmented into product type, application, sales channel,
and region.
Based on sales
channel, the online segment is the fastest-growing sector in the global canned
pineapple market. The surge in e-commerce, driven by increased internet
penetration and consumer preference for convenience, has significantly boosted
online sales of canned pineapples. Consumers appreciate the ease of purchasing
products from home and the ability to compare prices and access a wider range
of brands and options. Online platforms provide robust distribution channels
and detailed product information, enhancing consumer confidence and driving
purchases.
Digital
marketing strategies and promotions have further accelerated growth in this
segment. Retailers and manufacturers are investing in improving their online
presence and logistics to meet the rising demand. This trend reflects a broader
shift towards digital shopping and is expected to continue driving market
expansion in the coming years, as more consumers opt for the convenience and
accessibility of online grocery shopping.
Major companies
operating in global Canned Pineapple market are:
- Dole
plc
- The Kraft Heinz Company
- Tropicana Brands Group, Inc.
- V & K Pineapple Canning Co., Ltd
- Del Monte Foods Inc.
- Goya Foods, Inc.
- Siam Pineapple Ltd.
- Winz International Ltd.
- Annie’s Farm Company Limited
- Sure Harvest Foodstuff (Nantong) Co.,
Ltd.
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“The market's growth is also driven by
the rising popularity of international cuisines, where canned pineapple is a
common ingredient. Whether in tropical and Asian dishes or Western-style pizzas
and salads, canned pineapple offers a distinctive flavor and texture that
appeals to a diverse range of tastes. This versatility has made it a preferred
choice among home cooks and professional chefs alike, further stimulating
market growth.” said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based management consulting firm.
Canned Pineapple Market
– Global Industry Size, Share, Trends, Opportunity and Forecast, Segmented By
Product Type (Chunks, Slices, Tidbits), By Application (Beverages & Drinks,
Bakery & Snacks), By Sales Channel (Hypermarkets/Supermarkets, Departmental
Stores, Online, Others), By Region & Competition, 2019-2029F”,
has evaluated the future growth potential of global Canned Pineapple market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the global Canned Pineapple market.
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