Canned Tomato Market, by Product Type (Whole Peeled Tomato, Diced Tomato, Stewed Tomato, Tomato Pureé, Sauces, Tomato Sauce, Tomato Juice, and Others), by Distribution Channel (Hypermarkets & Supermarkets, Retail Stores, Convenience Stores, and Online), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028
The global canned tomato market has witnessed a surge in growth in the recent past, owing to shifting consumer preference towards easy and convenient food products coupled with rising awareness about harmful effects of plastic-based food packaging. Moreover, consumers are now willing to spend more on ready-to-cook meals and canned food products such as fruits, seafood, organic vegetables, and others. These factors are expected to fuel the market growth during the forecast period.
Market Dynamics
Among regions, Asia Pacific accounted for substantial market share in terms of both, revenue and volume, in the recent past, owing to rising urbanization and increasing affinity of consumers towards western fast-food cuisines. Furthermore, rising population in the region is expected to drive demand for canned tomato during the forecast period.