Market Size of Europe Canned Fruits Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.10 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Canned Fruits Market Analysis
Europe Canned Fruits Market is projected to register a CAGR of 4.1% during the forecast period, 2022-2027.
The increasing popularity of prepared food products, grab-on-go foods, and healthy snacking trends are fueling the demand for the canned fruits market. Additionally, advancements in canning technology, new product launches, and expanding distribution platforms are expected to support the growth of the market during the forecast period. Also, according to the Centre for the Promotion of Imports from developing countries (CBI), Europe is by far the largest importing region of canned fruits and vegetables, accounting for a share of over 70% of the world's total imports. European imports of canned fruits and vegetables have increased in value by 2.4% on average per year over the period 2015-2019. Almost 90% of imports from outside Europe come from developing countries.
Moreover, innovations that lead to the improvement of canning technology increased expenditure in research and development related to healthier food launches, better 'Nutri-score' labeling, and availability of more varieties of fruits are expected to support the growth of the market. Also, the expanding distribution network for canned food items in Europe is expected to contribute to market growth. Both online and offline shops dedicated to a specific category or regional products, such as Asian stores, vegan stores, organic stores, etc are expected to attract new consumer bases in the region. The long shelf life of canned fruits and vegetables remains an important factor supporting the canned fruits market.
However, the most frequent problems that have the potential to hamper the growth of the market are corrosion of packaging, excessive content of preservatives and coloring, as well as migration of materials from the packaging into the fruit such as tin or cadmium. These rejections and other food safety issues are handled directly by the trade without the government intervening in the region.
