Increasingly Hectic Lifestyles Contribute to Expected Rise of Asia Pacific and Latin America Canned Preserved Food Market to Us$38.1 Bn by 2021

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 Asia Pacific and Latin America canned preserved food market is expected to reach US$38.1 bn by the

end of 2021. This market was valued at US$24.4 bn in 2014 and is expected to progress at a CAGR of

6.40% within a forecast period of 2015 to 2021. The forecast period of this market is discussed in a new

research report released by Transparency Market Research, titled “Canned Preserved Food Market - Asia

Pacific and Latin America Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2021.” The

report provides details on how the current socioeconomic trends are affecting the sales of canned

preserved goods in these two major developing regions.

According to the report, the key driver of the Asia Pacific and Latin America canned preserved food market

is the extended shelf life of perishable foods. This allows consumers to store the foods for longer durations

and use them whenever required. The economic situation in developing economies is drastically changing

as rapid urbanization and industrialization are allowing a high number of citizens to lead a modern lifestyle

with high disposable incomes and hectic schedules. Therefore, a larger number of consumers are

preferring to purchase canned foods over fresh foods.

On the other hand, the use of excessive amounts of salt, sugar, and other preservatives are...