"Market Intelligence that Adds Flavour to Your Success"
The global canned pineapple market is anticipated to depict substantial expansion over the coming years, owing to extensively use in both the HoReCa and household sectors for preparing fruit salads, smoothies, and desserts. Canned pineapple is a processed fruit item produced by processing fresh pineapple, which is either diced or crushed, and later sealed in cans with juice/syrup. Similar to fresh fruit, the product provides a tropical flavor and natural sweetness, with the added benefit of easy storage and a long shelf life. A few of the common forms include crushed pineapple, tidbits, chunks, and rings. Moreover, the canning process retains the majority of the fruit’s nutrients and is a rich source of manganese and Vitamin C. With respect to production, India, the Philippines, and Brazil are recognized as the key producers of pineapple, while the biggest importers include China, France, and the U.S.
Growing Demand for Ready-to-Eat Products to Boost the Market Potential
The rising demand for ready-to-eat items is a pivotal driver supporting the market expansion. In today’s fast-paced lifestyle, the majority of consumers are inclined toward convenience items, which eliminate the need for cutting and peeling. This inclination favors the utilization of canned pineapples. Compared to fresh fruits, canned fruits have an extended shelf life, allowing individuals to store them for a long time. Moreover, it is recognized as a versatile component and can be used in an array of savory meals, desserts, and dishes. Additionally, as individuals become aware of the potential health advantages of pineapple, they are increasingly looking to it as a healthy ingredient/snack. As a result, such factors bolster the growth of the market.
Surging Health Ailments and Competition from Alternatives to Hamper the Market Momentum
The increasing prevalence of health concerns is a key obstacle hindering the market growth. Although canned pineapple is less susceptible to some of the common irritations linked with fresh pineapple, ailments associated with pre-existing health conditions and high sugar intake can still occur. Canned fruits are mostly preserved in sugar syrups, which can cause spikes in blood sugar levels. Moreover, moderate fiber content and high acidity, especially when consumed in large amounts, can result in heartburn, diarrhea, and nausea. As a result, the above-mentioned factors impede the market’s potential. Another challenge in the market is the growing competition from alternative products. The global market faces tough competition from ready-to-eat pineapple cups, as well as fresh and frozen pineapple, which further impede the industry’s growth.
Technological Advancements in the Pineapple Market to Offer Growth Opportunities
The adoption of modern technologies in the market creates lucrative growth chances. To enhance the texture, companies should use advanced thermal processing methods to minimize Vitamin C degradation while retaining the natural texture and sweetness. Moreover, technologies such as ultrasound and spectroscopy can be utilized to monitor the external and internal quality of pineapples before processing. Additionally, the use of automated and manually assisted equipment for transporting and harvesting helps minimize labor intensity and reduce damage to the fruit. In addition, pulsed electric fields should be used in the pineapple sector, which results in softer and juicier pineapple slices.
|
By Product Type |
By Packaging |
By Distribution Channel |
By Region |
|
· Slices · Chunks · Tidbits · Crushed Pineapple · Others |
· Metal Cans · Glass Jars |
· Supermarkets/ Hypermarkets · Convenience Stores · Specialty Stores · Online Retail · Others |
· North America (U.S., Canada, and Mexico) · Europe (Germany, France, Italy, U.K., Spain, Russia, and the Rest of Europe) · Asia Pacific (China, Japan, India, Australia, and the Rest of Asia Pacific) · South America (Brazil, Argentina, and the Rest of South America) · Middle East & Africa (UAE, South Africa, and the Rest of the Middle East & Africa) |
The report covers the following key insights:
Based on product type, the market is segmented into slices, chunks, tidbits, crushed pineapple, and others.
The slices segment is anticipated to dominate the market. In comparison to other products, slices are widely utilized in the foodservice and retail sectors as most individuals use them as a topping on desserts, smoothies, and salads. Moreover, it is recognized as a preferred format for exports, which adds value to the growth. Additionally, it has a firmer texture that easily withstands heat, further bolstering the market’s potential.
The crushed pineapple segment is expected to witness a high CAGR over the forecast period. The strong adoption in the dairy and bakery sectors, along with new product launches, is likely to fuel the segment’s growth.
Depending on packaging, the market is segmented into metal cans and glass jars.
The metal cans segment is projected to lead the market. Metal cans are considerably more resistant to breakage and pressure as compared to glass jars. This factor makes them less susceptible to damage during storage, transportation, and handling. Moreover, tin cans are light in weight compared to jars, which minimizes shipping prices. Additionally, they have better recycling rates than jars, which appeals to consumers. In addition, it is cost-effective compared to glass jars, which supports the overall price.
The glass jars segment is projected to grow at a high CAGR during the forecast period. The eco-friendly and temperature-resistant nature is likely to bolster the segment’s potential.
Based on distribution channel, the market is segmented into supermarkets/hypermarkets, convenience stores, specialty stores, online retail, and others.
The supermarkets/hypermarkets segment is expected to dominate the market. Supermarkets and hypermarkets are recognized as the go-to option for consumers seeking items at competitive prices. The option of physical inspection of products, along with no service/shipping fees, is another factor that captivates consumers' attention. Additionally, the option of bulk purchasing and discount coupons during festivals further drives the segment’s momentum.
The online retail segment is anticipated to hold the highest CAGR over the analysis period. The ease of ordering and a wide range of product options can fuel the growth.
Request for Customization to gain extensive market insights.
Based on region, the market is segmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
North America is projected to lead the global market. In comparison to other regions, North America has the highest consumption rates of processed-fruit-based snacks and canned tropical fruits. Moreover, the well-built retail infrastructure and strong penetration of packaged, convenient fruits attract a wide consumer base. Additionally, the established presence of key players and new product launches are additional factors that support market expansion.
Asia Pacific is expected to witness the highest CAGR over the forecast period. The growing trend of home baking and ready-to-eat fruit culture is likely to strengthen the regional growth.
The report includes the profiles of the following key players:
Get 30-60 hrs Free Customization
Expand Regional and Country Coverage, Segments Analysis, Company Profiles, Competitive Benchmarking, and End-user Insights.
Get In Touch With Us
US +1 833 909 2966 ( Toll Free )