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Canned Preserved Food Market Is Expected to Reach Us$38.1 Bn by 2021 Expanding at a Cagr of 6.40%

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Transparency Market
Research
Canned Preserved Food Market - Asia Pacific and Latin America
Industry Analysis, Size, Share, Growth, Trends and Forecast,
2015 – 2021
Published Date
10-11-2015

73 Page Report

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Press Release
Increasingly Hectic Lifestyles Contribute to Expected Rise of Asia Pacific
and Latin America Canned Preserved Food Market to US$38.1 bn by
2021

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Canned Preserved Food Market

REPORT DESCRIPTION

The rapid increase in working population in emerging economies has fueled the demand for readymade
food products in Asia Pacific and Latin America considerably. People, nowadays, have no time to cook,
which has resulted in an increased reliance on canned preserved food, as they are rich in nutrients and do
not require cooking. The escalating disposable income of consumers is also adding significantly to the
rising demand for canned preserved food in these regions.
The canned preserved food market in Asia Pacific and Latin America, stood at US$24.4 bn in 2014.
Expanding at a CAGR of 6.40% during the period from 2015 to 2021, it is expected to reach US$38.1 bn by
the end of the forecast period.
Canned Fish to Witness Strongest Demand in Overall Market
Canned meat, canned fish, canned fruits, and canned vegetables are the key canned food products
available in Asia pacific and Latin America. With a share of more than 30%, canned fish led the overall
market in 2014. However, in Asia Pacific the demand for canned meat was higher than other while in Latin
America, canned fish registered the strongest demand in the same year.
Over the coming years, the canned fish segment is likely to retain its position in the overall market. The
health benefits associated with the consumption of canned fish, such as increased protein...

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