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

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...