Rise In Contract Manufacturing in Fruit and Vegetable Canning

The global fruit and vegetable canning, pickling, and drying market, a part of the food and beverage industry, grew at a compound annual growth rate (CAGR) of around 3%...

The global fruit and vegetable canning, pickling, and drying market, a part of the food and beverage industry, grew at a compound annual growth rate (CAGR) of around 3% during the historic period. The food and beverage industry showed a steady growth. This market has registered steady growth rate in the historic period due to increasing urban population, rising disposable income in many countries in Asia, and busy lifestyles, thus driving the demand for canned fruits and vegetables, especially from households. The increased availability of fresh and frozen foods out of season fruits and vegetables reduced the market for pickled and canned fruits and vegetable products.

 

In the forecast period, the global fruit and vegetable canning, pickling, and drying market size is expected to be over $200 billion by 2021, growing at a CAGR of nearly 4.5%. This is expected due to the expected increase in demand for canned and pickled foods due to rapid urbanization, rising disposable income and growing number of restaurants globally. Furthermore, rising population, increase in dispensable income, and increasing per capita incomes are expected to drive the global fruit and vegetable canning, pickling, and drying market in the future.

 

Find TBRC’s report on the fruit and vegetable canning, pickling, and drying market: https://www.thebusinessresearchcompany.com/report/fruit-and-vegetable-canning-pickling-and-drying-global-market-report-2018

 

To focus on marketing and other core operations, fruit and vegetable canning companies are increasingly outsourcing manufacturing operations to contract manufacturing companies. Contract manufacturing outsourcers perform operations such as raw material procurement, product development, manufacturing and packaging.

 

Major companies in the fruit and vegetable canning, pickling, and drying market, offering new technology include Campbell’s, Seneca Foods, La Doria SpA, REMA FOODS, INC., Del Monte, Amy’s Kitchen, Inc, Rhodes Food Group, Bush’s, Faribault Foods.

 

Download a sample report: https://www.thebusinessresearchcompany.com/sample.aspx?id=243&type=smp

 

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