The global Canned Lychee Market size is estimated to reach USD 652.2 million in 2030, expanding at a CAGR of 5.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. The convenience factor significantly contributes to market growth as canned lychee provides consumers with an easy and quick way to enjoy this fruit without having to deal with peeling. This appeals particularly to the busy lifestyles of urban consumers who seek nutritious, ready-to-eat food options. Furthermore, canned lychee offers a longer shelf life than fresh lychee, making it a popular choice for consumers who wish to have tropical fruits available in their pantry all year round.
Furthermore, there is a burgeoning demand for
healthy and natural food products. Lychees contain bromelain, vitamin C, and other essential nutrients, which have been linked to
various health benefits, including improved digestion and immunity. As
awareness of these benefits increases, health-conscious consumers are more
inclined to incorporate such nutrient-rich fruits into their diets. This health
trend, coupled with the global reach of canned lychee, which is accessible even
in regions where fresh lychee cannot be grown, further propels the market
growth.
Additionally, advancements in packaging and
preservation technologies have significantly contributed to the growth of the
canned lychee market. Innovative packaging solutions not only extend the shelf
life of the products but also improve their safety and quality by preventing
contamination. Moreover, expanding distribution channels, including online
retail, continues to drive consumer interest and market expansion for canned
lychee globally.
Major players in the canned lychee market include
Dole; Del Monte Foods; General Mills; Goya Foods; Ayam Brand; Bolton Group;
Conagra Brands; B&G Foods; Dongwon Industries; and Rhodes Food Group. The
players in the market employ various strategies to enhance their competitive
edge and attract customers. These strategies include introducing new flavor
varieties and leveraging social media platforms for targeted advertising,
forming strategic partnerships with offline stores and expanding their product
lines to cater to a broader audience.
List of Key Players in Canned Lychee Market
- Dole
- Del Monte Foods
- General Mills
- Goya Foods
- Ayam Brand
- Bolton Group
- Conagra Brands
- B&G Foods
- Dongwon Industries
- Rhodes Food Group
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Canned Lychee Market Report Highlights
- North America is expected to grow with a CAGR of 6.4% over the
forecast period from 2024 to 2030 due to increasing consumer preferences
for convenient and healthy packaged foods
- Based on application, canned lychee for desserts is expected to grow
at a CAGR of 4.7% from 2024 to 2030. The demand is anticipated to increase
as it offers a consistent and ready-to-use ingredient for various recipes,
enhancing flavor texture, and appearance
- Based on distribution channels, the sales of canned lychee through
online channels are expected to grow at a CAGR of 6.3% from 2024 to 2030,
owing to the rising trend in online shopping, offering wider access and
convenience to consumers
Canned Lychee Market Report
Scope
|
Report Attribute |
Details |
|
Market
size value in 2024 |
USD 467.9
million |
|
Revenue
forecast in 2030 |
USD 652.2
million |
|
Growth
Rate (Revenue) |
CAGR of
5.7% from 2024 to 2030 |
|
Actuals |
2018 -
2023 |
|
Forecast period |
2024 - 2030 |
Related Press Release@ Canned
Lychee Market Report
Canned Lychee Market Segmentation
Grand View Research has segmented the global canned
lychee market on the basis of application, distribution channel and region:
Canned Lychee Application Outlook (Revenue, USD
Million, 2018 - 2030)
- Desserts
- Drinks & Beverages
- Snacks
- Others
Canned Lychee Distribution channel Outlook (Revenue,
USD Million, 2018 - 2030)
- Online
- Offline
- Hypermarkets & Supermarkets
- Convenience Stores
- Others
Canned Lychee Regional Outlook (Revenue, USD
Million, 2018 - 2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Asia Pacific
- China
- Japan
- India
- Australia & New Zealand
- South Korea
- Central & South America
- Brazil
- Middle East & Africa
- South Africa
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Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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