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    Canned Tomatoes Market

    ID: MRFR/F-B & N/10791-CR
    128 Pages
    Pradeep Nandi
    October 2023

    Canned Tomatoes Market Research Report Information By Type (Whole Peeled Tomatoes, Diced Tomatoes, Stewed Tomatoes And Others), By End-User (Residential And Commercial), By Sales Channel (Offline Channels And Online Channels), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2035

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    Canned Tomatoes Market Infographic
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    Canned Tomatoes Market Summary

    As per Market Research Future Analysis, the Global Canned Tomatoes Market was valued at USD 12 Billion in 2022 and is projected to grow from USD 12.6 Billion in 2023 to USD 19.5 Billion by 2032, with a CAGR of 5.60% during the forecast period. The growth is driven by increasing consumer demand for ready-to-eat food products and the nutritional benefits of canned tomatoes, which are high in vitamins and antioxidants. The market is segmented by type, with diced tomatoes leading in market share, and by end-user, where the residential segment dominates. North America holds the largest market share due to high consumption rates and a robust distribution network.

    Key Market Trends & Highlights

    Key trends driving the Canned Tomatoes Market include consumer preferences for health-conscious options and convenience.

    • Canned Tomatoes Market Size in 2022: USD 12 Billion.
    • Projected Market Size by 2032: USD 19.5 Billion.
    • Diced tomatoes accounted for about two-fifths of the market share in 2022.
    • Residential segment expected to maintain over two-thirds market share in 2022.

    Market Size & Forecast

    2022 Market Size USD 12 Billion
    2023 Projected Market Size USD 12.6 Billion
    2032 Projected Market Size USD 19.5 Billion
    CAGR 5.60%

    Major Players

    Key players include Red Gold, General Mills, Inc., Kraft Heinz Company, Sun-Brite Foods Inc., Del Monte Foods Holding Limited, Unilever Plc, Nestle S.A., and Conagra Brands.

    Canned Tomatoes Market Trends

    Consumer preference for healthy and natural food options is driving market Growth

    Market CAGR for canned tomatoes is being driven by the increased consumer preference for natural and healthy food options. As more people become aware of the dangers of artificial additives, preservatives, and genetically engineered components, there is a growing desire for food items that are devoid of these substances. Canned tomatoes are a practical and accessible alternative for consumers who wish to incorporate the goodness of tomatoes into their meals while consuming a natural and healthful product. To meet the increased demand for healthier options, several canned tomato brands now offer organic and non-GMO selections.

    Additionally, tinned tomatoes are known for their great nutritional content. They are high in vital vitamins, minerals, and antioxidants like as vitamin C, vitamin A, and lycopene. These nutrients have been related to a number of health advantages, including as heart health, immune system support, and a reduced risk of several cancers.

    Growing consumer awareness of tomatoes' health benefits and demand for wholesome, natural foods are major factors in the market expansion for canned tomatoes. Consumers are actively seeking items that correspond with their health-conscious lifestyles, and canned tomatoes provide a quick and healthy option that meets their needs.

    Another factor driving the growth of the Canned Tomatoes Market is rising customer desire for easy and ready-to-eat food products. Canned tomatoes provide a handy solution for consumers who want to enjoy the flavour and nutritional advantages of tomatoes without having to peel, slice, and prepare fresh tomatoes. Canned tomatoes are popular in many cuisines, including Italian, Mexican, and Mediterranean, making them a flexible element in a variety of meals. They are a quick and easy way to add flavour, colour, and texture to soups, sauces, stews, and pasta dishes.

    Furthermore, canned tomatoes have a longer shelf life than fresh tomatoes, making them a convenient option for consumers looking to stock up on pantry items. The year-round availability of canned tomatoes allows consumers to experience the taste of tomatoes even during off-seasons when fresh tomatoes may not be readily available or economical.

    In addition to convenience, canned tomatoes provide constant quality and flavour since they are processed and sealed at their height of ripeness. This means that consumers can enjoy the flavour of ripe tomatoes regardless of the season.

    The global canned tomatoes market appears to be experiencing a steady growth trajectory, driven by increasing consumer demand for convenient and long-shelf-life food products, alongside a rising trend towards plant-based diets.

    United States Department of Agriculture (USDA)

    Canned Tomatoes Market Drivers

    Market Growth Projections

    The Global Canned Tomatoes Market Industry is projected to experience substantial growth over the coming years. With a market value anticipated to reach 13.2 USD Billion in 2024 and further increase to 23.0 USD Billion by 2035, the industry is on a promising trajectory. This growth is supported by a compound annual growth rate (CAGR) of 5.16% from 2025 to 2035, indicating a robust demand for canned tomatoes. Factors such as rising health consciousness, convenience, and innovative product offerings are likely to drive this growth, positioning the canned tomatoes market as a key player in the global food industry.

    Innovative Product Development

    Innovation plays a crucial role in the Global Canned Tomatoes Market Industry, as manufacturers continuously seek to introduce new and improved products. This includes the development of organic, low-sodium, and flavored canned tomato varieties that cater to diverse consumer preferences. By responding to market demands for healthier and more unique options, companies can attract a wider audience and enhance their market share. The emphasis on product innovation not only meets consumer expectations but also stimulates market growth. As the industry evolves, the introduction of innovative canned tomato products is expected to contribute significantly to the overall market expansion.

    Expansion of Distribution Channels

    The Global Canned Tomatoes Market Industry benefits from the expansion of distribution channels, which enhances product accessibility for consumers. Retailers are increasingly diversifying their offerings, with supermarkets, online platforms, and specialty stores providing a wider range of canned tomato products. This increased availability caters to varying consumer preferences and purchasing habits, ultimately driving sales. The rise of e-commerce platforms, in particular, allows consumers to conveniently purchase canned tomatoes from the comfort of their homes. As distribution channels continue to expand, the market is likely to experience sustained growth, supported by the projected CAGR of 5.16% from 2025 to 2035.

    Rising Demand for Convenience Foods

    The Global Canned Tomatoes Market Industry experiences a notable surge in demand for convenience foods, driven by changing consumer lifestyles. As urbanization continues to rise, more individuals seek quick meal solutions that do not compromise on nutrition. Canned tomatoes, being a versatile ingredient, fit seamlessly into various cuisines and meal preparations. This trend is reflected in the projected market value, which is expected to reach 13.2 USD Billion in 2024. The convenience factor, coupled with the growing preference for ready-to-eat meals, positions canned tomatoes as a staple in households, further propelling the market's growth.

    Sustainability and Eco-Friendly Packaging

    Sustainability trends are increasingly shaping the Global Canned Tomatoes Market Industry, as consumers become more environmentally conscious. The demand for eco-friendly packaging solutions is on the rise, prompting manufacturers to adopt sustainable practices in their production processes. This shift not only addresses consumer preferences but also aligns with global efforts to reduce plastic waste. Companies that prioritize sustainability may gain a competitive edge, attracting a broader customer base. As the market evolves, the integration of sustainable practices is likely to enhance brand loyalty and contribute to the overall growth of the canned tomatoes sector.

    Health Consciousness and Nutritional Benefits

    In recent years, there has been a marked increase in health consciousness among consumers, which significantly influences the Global Canned Tomatoes Market Industry. Canned tomatoes are rich in vitamins, minerals, and antioxidants, particularly lycopene, which is linked to various health benefits. This growing awareness of nutritional value encourages consumers to incorporate canned tomatoes into their diets, thereby boosting market demand. Furthermore, the convenience of canned tomatoes allows for easy integration into healthy recipes, appealing to health-focused consumers. As a result, the market is poised for growth, with expectations of reaching 23.0 USD Billion by 2035.

    Market Segment Insights

    Canned Tomatoes Type Insights

    The Canned Tomatoes Market segmentation, based on type includes whole peeled tomatoes, diced tomatoes, stewed tomatoes and others. The diced tomatoes segment had the greatest market share in 2022, accounting for about two-fifths of the canned peeled tomatoes market, and is expected to maintain its position as the market leader during the forecast period. Diced canned tomatoes are a versatile ingredient that may be used in a wide range of dishes, including pasta sauces, soups, stews, chili, and salsa. When compared to diced fresh tomatoes, diced canned tomatoes save time and labour while providing consistent flavour and texture. 

    Canned Tomatoes End-User Insights

    The Canned Tomatoes Market segmentation, based on end-user, includes residential and commercial.  The residential segment is expected to maintain its lead throughout the forecast period, accounting for more than two-thirds of the worldwide canned peeled tomatoes market in 2022. With an increase in the proclivity for home cooked cuisine, particularly in developed nations, demand for canned tomatoes is likely to gain pace in the residential segment. Furthermore, the introduction of new types and flavours of canned peeled tomatoes boosts demand from the residential market. 

    Canned Tomatoes Sales Channel Insights

    The Canned Tomatoes Market segmentation, based on sales channel includes offline channels and online channels. The offline channels is expected to dominate the roost by 2032, accounting for more than four-fifths of the worldwide canned peeled tomatoes market revenue in 2022. This is owing to increased urbanization, an increase in working-class population, and competitive pricing, which raise the appeal of hypermarkets and supermarkets in both established and developing nations. Furthermore, these retailers offer a variety of brands in a specific product area, giving customers more possibilities for purchasing canned peeled tomatoes of their choosing.

    Figure1: Canned Tomatoes Market, by Sales Channel, 2022&2032(USD Billion)

    Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

    Get more detailed insights about Canned Tomatoes Market Research Report – Forecast till 2032

    Regional Insights

    By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. North America is the dominant region in the Canned Tomatoes Market due to factors such as high consumption of canned food items, a robust distribution network, and a well-established food manufacturing industry. Furthermore, the region's demand for convenience and ready-to-eat food goods contributes to North America's market supremacy.

    Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

    Figure2: CANNED TOMATOES MARKET SHARE BY REGION 2022 (USD Billion)

    CANNED TOMATOES MARKET SHARE BY REGION 2022

    Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

    Europe Canned Tomatoes Market accounts for the second-largest market share. This is because Europe is one of the most popular tourist destinations in the world, with the number of visitors increasing year after year. Full-service restaurants, quick-service restaurants, cloud kitchens, and individual small kitchens are rapidly expanding, driving up demand for canned peeled tomatoes in the region. Tomatoes are the primary source of acidity in food, particularly in traditional Italian pasta meals. Further, the German Canned Tomatoes Market held the largest market share, and the UK Canned Tomatoes Market was the fastest growing market in the European region

    The Asia-Pacific Canned Tomatoes Market is expected to grow at the fastest CAGR from 2023 to 2032. This region is a profitable market for canned peeled tomatoes attributable to the increased popularity of ready to eat goods. Because Asia-Pacific is a developing region, many countries welcome foreign investment in their marketplaces, which will assist market participants in expanding their enterprises in this region. Moreover, China’s Canned Tomatoes Market held the largest market share, and the Indian Canned Tomatoes Market was the fastest growing market in the Asia-Pacific region.

    Key Players and Competitive Insights

    Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Canned Tomatoes Market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Canned Tomatoesindustry must offer cost-effective items.

    Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Canned Tomatoes industry to benefit clients and increase the market sector. In recent years, the Canned Tomatoes industry has offered some of the most significant advantages to medicine. Major players in the Canned Tomatoes Market, including Red Gold, General Mills, Inc., Kraft Heinz Company, Sun-Brite Foods Inc., Dematteis, Del Monte Foods Holding Limited And Subsidiaries, Unilever Plc, Nestle S.A., Conagra Brands., Princes Limited and others, are attempting to increase market demand by investing in research and development operations.

    The Kraft Heinz Company (KHC), also known simply as Kraft Heinz, is an American food corporation founded through the merging of Kraft Foods and the H.J. Heinz Company, which is headquartered in Chicago and Pittsburgh. As of 2021, Kraft Heinz has annual revenues of around $26.0 billion, ranking third in North America and sixth overall in terms of food and beverage corporations. October 2021, Kraft Heinz acquired Assan Foods, a rapidly developing sauces-focused company. The goal of this transaction was to increase Kraft Heinz's position in important growing markets.

    The product portfolio of Assan Foods would complement Kraft's International Zone's growth strategy of Taste Elevation and expansion, which represents a significant long-term opportunity for the company.  

    Nestlé S.A. is a worldwide company in the food and beverage sector with headquarters in Vevey, Vaud, Switzerland. In terms of sales and other metrics, it has surpassed all other publicly traded food companies since 2014 in the world. In 2017 the Fortune 500 ranked it at number 64, while in 2016 the Forbes 2000 list of the largest public firms in the world ranked it at number 33. In October 2020, Nestlé acquired Freshly, a meal-delivery service based in the United States.

    This acquisition was made to strengthen Nestlé's portfolio and increase its potential to capitalize on new realities in the US food market.

    October 2023- Publix Super Markets will begin carrying products from Pastene, an importer of authentic Italian specialty foods, in over 1,300 of their stores. This launch with Publix represents an exciting opportunity for Pastene to introduce their rich, flavourful products to Publix customers. Pastene will initially offer a wide variety of canned tomato items at Publix locations. Pastene's signature product is made with sun-ripened tomatoes from California that are harvested at peak ripeness just once a year and canned within five hours of picking. The sweet, juicy chunks of tomato give a hearty texture to sauces, casseroles, and soups.

    A hint of fresh basil enhances the flavour to create a rich sauce with the taste of long simmering. Packed with basil for extra flavour, authentic San Marzano Tomatoes are individually numbered and marked with the official D.O.P. designation on each can, verifying that the tomatoes come from the Sarnese-Nocerino region of Italy where true San Marzano tomatoes are grown.

    Key Companies in the Canned Tomatoes Market market include

    Industry Developments

    March 2023- True Salt, a leading producer of all-natural sea salt, is excited to launch a new division focused on serving tomato canneries nationwide. With a commitment to providing high-quality salt, reliable supply chains, and exceptional customer service, True Salt aims to become the go-to partner for tomato canning businesses across the country. As an essential ingredient in canning, salt plays a critical role in guaranteeing the quality and flavour of canned tomatoes and sauces.

    Leveraging its expertise in supplying top-notch, all-natural sea salt for food manufacturing, True Salt is well-positioned to deliver unparalleled product and service to the tomato sector.

    April 2021, Kainos Capital, a private equity firm, sold Olde Thompson to Olam International. This acquisition was made to support OFI's growth plan of becoming a leader in natural, sustainable, value-added food and beverage ingredients and solutions.

    November 2019, Hunt's, a Conagra Brands brand, has introduced new San Marzano Style tomatoes. These tomatoes are ideal as a starter for homemade pasta sauces and Italian cuisine. Hunt's San Marzano Style would also offer excellent, all-natural flavour from California's tomato crops.

    October 2018, Pinnacle Foods, a packaged foods firm, was bought by Conagra Brands. This acquisition would provide a significant potential for Pinnacle to further use its proven innovation approach, brand-building capabilities, and extensive customer relationships in the frozen foods and snacking sectors.

    Future Outlook

    Canned Tomatoes Market Future Outlook

    The Global Canned Tomatoes Market is projected to grow at a 5.16% CAGR from 2024 to 2035, driven by increasing demand for convenience foods and health-conscious consumer trends.

    New opportunities lie in:

    • Develop organic canned tomato lines to cater to health-focused consumers.
    • Invest in sustainable packaging solutions to enhance brand loyalty.
    • Leverage e-commerce platforms for direct-to-consumer sales expansion.

    By 2035, the market is expected to demonstrate robust growth, reflecting evolving consumer preferences and innovative product offerings.

    Market Segmentation

    Canned Tomatoes Regional Outlook

    • US
    • Canada
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
    • Middle East
    • Africa
    • Latin America

    Canned Tomatoes Market By Type Outlook

    • Whole peeled tomatoes
    • Diced tomatoes
    • Stewed tomatoes
    • Others

    Canned Tomatoes Market By End-User Outlook

    • Residential
    • Commercial

    Canned Tomatoes Market By Sales Channel Outlook

    • Offline Channels
    • Online Channels

    Report Scope

    Report Attribute/Metric Details
    Market Size2022 USD 12 Billion
    Market Size 2023 USD 12.6 Billion
    Market Size2032 USD 19.5 Billion
    Compound Annual Growth Rate (CAGR) 5.60% (2023-2032)
    Base Year 2022
    Market Forecast Period 2023-2032
    Historical Data 2018- 2022
    Market Forecast Units Value (USD Billion)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Type, End-User, Sales Channel and Region
    Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
    Countries Covered The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled Red Gold, General Mills, Inc., Kraft Heinz Company, Sun-Brite Foods Inc., Dematteis, Del Monte Foods Holding Limited And Subsidiaries, Unilever Plc, Nestle S.A., Conagra Brands., Princes Limited
    Key Market Opportunities The prospect for market expansion in emerging economies.
    Key Market Dynamics Growing customer demand for healthy and natural food options

    Market Highlights

    Author
    Pradeep Nandi
    Senior Research Analyst

    I have a bachelor's degree in mechanical engineering and an MBA. I have more than two years of expertise in the retail, food, and beverage, chemical, and material industries, and hence have developed a sound cross-domain expertise. A firm believer in lifelong learning and sharing of knowledge. Having a proclivity for hatching ideas and trying to absorb as much information as possible in a short amount of time. Introducing corporates to the data and insight, which enables them to move from probability to possibility, has been my key areas of interest. 

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    FAQs

    How much is the Canned Tomatoes Market?

    The Canned Tomatoes Market size was valued at USD 12Billion in 2022.

    What is the growth rate of the Canned Tomatoes Market?

    The market is projected to grow at a CAGR of 5.60% during the forecast period, 2023-2032.

    Which region held the largest market share in the Canned Tomatoes Market?

    North America had the largest share in the market

    Who are the key players in the Canned Tomatoes Market?

    The key players in the market are Red Gold, General Mills, Inc., Kraft Heinz Company, Sun-Brite Foods Inc., Dematteis, Del Monte Foods Holding Limited And Subsidiaries.

    Which sales channel led the Canned Tomatoes Market?

    The offline category dominated the market in 2022.

    Which type had the largest market share in the Canned Tomatoes Market?

    The diced tomatoes had the largest share in the market.

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