While changes in demand for products manufactured by industry operators have varied, the Canned Fruit Vegetable Processing industry as a whole has declined over the past five years. Growing health consciousness and concerns over the safety of canned food products have caused many consumers to opt for alternative products, such as frozen food and fresh produce at retail stores. Furthermore, rising disposable income levels have exacerbated the decline in demand for industry goods, as consumers have turned to premium goods at grocery stores, including fresh produce and prepared meals. These trends are expected to continue in the upcoming years, albeit at a much slower rate.
Operators in this industry purchase fruits and vegetables and process them with other ingredients to create a variety of food products including canned fruit and vegetables, juices and drinks (except frozen), canned soups (except seafood), jams, baby food, sauces and dehydrated fruits and vegetables. The final products are then packaged and sold to consumers at various retail channels.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.