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Global Canned Lychee Market Outlook to 2028

Publisher Ken Research
Published Dec 13, 2024
Length 88 Pages
SKU # AMPS19919862

Description

Global Canned Lychee Market Overview

The global canned lychee market is valued at USD 444 million based on recent analyses, with its growth fueled by multiple factors. One of the most significant drivers of the market is the increasing consumer demand for convenient, long-lasting fruit products. Canned lychee provides a ready-to-eat alternative for consumers who want tropical fruits available year-round, without the hassle of peeling or preparing fresh lychee.

China, Thailand, and Vietnam are key players in the global canned lychee market, dominating due to their favorable climates for lychee production and well-established agricultural infrastructures. These countries benefit from large-scale production and advanced processing technologies, which enable them to cater to global demand effectively.

The Chinese government has been supporting the export of lychee products through subsidies and incentives to improve canning and export capabilities. In 2024, China invested approximately $50 million in infrastructure development and export promotion programs, directly benefiting lychee producers and exporters. This initiative is expected to boost China's share of the global canned lychee market.

Global Canned Lychee Market Segmentation

By Application The market is segmented into three major categories Desserts, Drinks & Beverages, and Snacks. Among these, desserts hold the dominant share of the market. This is due to the widespread use of lychees in various desserts, such as cakes, ice creams, and custards. Lychee adds a unique flavor profile and texture, making it a favored ingredient. The rising consumer demand for exotic and tropical flavors, particularly in bakery and confectionary items, has fueled the growth of this segment.

By Distribution Channel: The distribution of canned lychee is categorized into Online and Offline channels. Offline distribution, particularly through Hypermarkets & Supermarkets, holds a dominant position due to the convenience and accessibility they offer to consumers. Consumers often prefer to purchase canned goods during their regular grocery shopping, contributing to the offline channels dominance. A

By Region: The market is divided into several regions, including North America, Europe, Asia- Pacific, Latin America, and Middle East & Africa. The Asia- Pacific region leads the market, driven by high production levels in China, Thailand, and Vietnam, which also act as major exporters. This region benefits from favorable growing conditions and a robust infrastructure for lychee cultivation and processing.

Global Canned Lychee Market Competitive Landscape

The market is dominated by several major players that employ various strategies such as product innovation, strategic partnerships, and leveraging digital marketing. These companies hold a significant influence on the market due to their extensive distribution networks, product diversity, and strong brand presence.

Company

Established

Headquarters

Number of Employees

Annual Revenue (2023)

Product Portfolio Focus

Strategic Initiatives

Market Share (2023)

Digital Presence

Sustainability Efforts

Dole

1851

Westlake Village, US

Del Monte Foods

1886

Walnut Creek, US

General Mills

1928

Minneapolis, US

Goya Foods

1936

New Jersey, US

Rhodes Food Group

1999

Groot Drakenstein, SA

Global Canned Lychee Market Analysis

Market Growth Drivers

Growing Demand for Convenient Fruit Consumption: The demand for convenient, ready-to-eat food products, including canned lychee, is rising globally. As consumers in key markets such as China, the United States, and Europe increasingly opt for canned fruit products, lychee remains a popular choice due to its exotic flavor and nutritional benefits. According to industry data from 2024, over 500 million cans of lychee were consumed globally, driven by increased demand for ready-to-eat fruit products.

Increasing Health Consciousness Among Consumers: Consumers are becoming more aware of the health benefits associated with lychee, such as its high vitamin C content, antioxidants, and fiber. This health consciousness has spurred demand for canned lychee, particularly in regions where fresh lychee is not readily available.

Expanding Export Opportunities: Key lychee-producing countries such as China, Thailand, and Vietnam are experiencing growing export opportunities for canned lychee in regions like Europe and North America. In 2024, China alone exported 300 million cans of lychee, with an increase in demand coming from the U.S. market.

Market Challenges

Supply Chain Disruptions and Export Regulations: The market faces challenges due to supply chain disruptions, especially concerning transportation and logistics. In 2024, multiple countries experienced shipment delays due to changing export-import regulations, causing delays in the export of nearly 150 million cans of lychee.

Climate Change Impacting Lychee Production: Lychee production is highly sensitive to climate conditions, and irregular weather patterns have negatively impacted yield in major producing countries. In 2024, unpredictable weather in China led to a reduction in lychee production by 30%, severely affecting the supply of canned lychee.

Global Canned Lychee Market Future Outlook

Over the next five years, the global canned lychee industry is expected to witness continued growth. This will be driven by the rising demand for convenient and exotic food products, advancements in packaging technologies, and increasing health consciousness among consumers.

Future Market Opportunities

Expansion of E-commerce and Direct-to- Consumer Sales: E-commerce and direct-to-consumer sales will continue to be a major growth channel for canned lychee producers. In the next five years, it is estimated that 100 million cans will be sold annually through e-commerce platforms, with companies increasingly investing in digital marketing strategies to tap into this growing segment.

Product Innovation and Diversification: The market is expected to see increased product innovation, with companies introducing new flavors, packaging sizes, and lychee-infused products, such as canned lychee cocktails or lychee-flavored desserts. By 2029, such product diversifications are estimated to account for 20 million additional cans annually, catering to a broader range of consumer preferences.
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Table of Contents

88 Pages
Global Canned Lychee Market Overview
Definition and Scope
Market Taxonomy
Market Growth Rate
Market Segmentation Overview
Global Canned Lychee Market Size (In USD Million)
Historical Market Size
Year-on-Year Growth Analysis
Key Market Developments and Milestones
Global Canned Lychee Market Analysis
Growth Drivers (Demand for convenient tropical fruits, Expansion of distribution channels, Health-conscious consumer trends, Innovations in packaging and preservation)
Market Challenges (Supply chain disruptions, Regulatory hurdles in food preservation, Fluctuating raw material prices, Seasonal production challenges)
Opportunities (Rising demand in emerging markets, Product innovations in flavor and packaging, Expansion into plant-based and natural food segments, Growing e-commerce sales channels)
Trends (Increased demand for plant-based ingredients, Growing consumer preference for organic and non-GMO products, Expansion of private-label offerings, Customization of flavor and packaging)
Government Regulations (Food safety standards, Import-export tariffs, Environmental packaging laws, Trade agreements affecting the market)
SWOT Analysis
Stakeholder Ecosystem
Porters Five Forces
Competition Ecosystem
Global Canned Lychee Market Segmentation
By Application (Desserts, Drinks & Beverages, Snacks, Others)
By Distribution Channel (Online, OfflineHypermarkets & Supermarkets, Convenience Stores, Specialty Stores)
By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa)
By Type of Processing (Preserved in Syrup, Preserved in Juice, Organic vs. Conventional)
By Product Form (Whole, Sliced, Pitted)
Global Canned Lychee Market Competitive Analysis
Detailed Profiles of Major Companies
Dole
Del Monte Foods
General Mills
Goya Foods
Ayam Brand
Bolton Group
Conagra Brands
B&G Foods
Dongwon Industries
Rhodes Food Group
Smart Taste Distribution P/L
Hagimex Joint Stock Company
G.O.C Food Processing Export JSC
Thongkingkaew (1994) Co. Ltd.
Jeed Jard Co. Ltd.
Cross Comparison Parameters (Revenue, Headquarters, Number of Employees, Inception Year, Product Portfolio, Market Share)
Market Share Analysis
Strategic Initiatives (Partnerships, New Product Launches, Digital Marketing Strategies)
Mergers and Acquisitions
Investment Analysis (Private Equity, Venture Capital Funding)
Government Grants and Subsidies
Packaging Innovation and Sustainability Initiatives
Global Canned Lychee Market Regulatory Framework
Environmental and Sustainability Standards
Import-Export Regulations
Compliance with Food Safety Standards (FDA, EU Standards)
Packaging Regulations
Global Canned Lychee Future Market Size (In USD Million)
Future Market Size Projections
Key Factors Driving Future Market Growth
Global Canned Lychee Future Market Segmentation
By Application (Desserts, Drinks & Beverages, Snacks)
By Distribution Channel (Online, Offline)
By Region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa)
By Processing Type (Preserved in Syrup, Organic, Conventional)
By Product Form (Whole, Sliced, Pitted)
Global Canned Lychee Market Analysts Recommendations
TAM/SAM/SOM Analysis
Marketing Initiatives
White Space Opportunity Analysis
Consumer Trend Analysis
Disclaimer
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