Canned Tomatoes Market Size, Share, Industry Trends and Forecast to 2033
This report provides an in-depth analysis of the canned tomatoes market, exploring market size, trends, and forecasts from 2023 to 2033. It offers insights into industry dynamics, regional performances, and key market players operating in this sector.
| Metric | Value |
|---|---|
| Study Period | 2023 - 2033 |
| 2023 Market Size | $4.70 Billion |
| CAGR (2023-2033) | 6.2% |
| 2033 Market Size | $8.71 Billion |
| Top Companies | Del Monte Foods, Inc., ConAgra Brands, Inc., Campbell Soup Company, Hormel Foods Corporation |
| Last Modified Date | 15 Nov 2024 |
Canned Tomatoes Market Report (2023 - 2033)
Canned Tomatoes Market Overview
What is the Market Size & CAGR of Canned Tomatoes market in 2023?
Canned Tomatoes Industry Analysis
Canned Tomatoes Market Segmentation and Scope
Request a custom research report for industry.
Canned Tomatoes Market Analysis Report by Region
Europe Canned Tomatoes Market Report:
The European canned tomatoes market is anticipated to increase from $1.25 billion in 2023 to $2.32 billion by 2033. The demand for canned tomatoes is driven by their use in traditional cuisines, along with growing organic food preferences. Italy, Spain, and Germany are the leading markets, showcasing high per capita consumption.Asia Pacific Canned Tomatoes Market Report:
In the Asia Pacific region, the canned tomatoes market is growing steadily, projected to increase from $0.95 billion in 2023 to $1.76 billion by 2033. This growth is driven by rising urban population, increasing disposable income, and a shift towards convenience foods. Countries like China and India are significant contributors due to their large foodservice industries and changing dietary patterns.North America Canned Tomatoes Market Report:
In North America, the market size is projected to expand from $1.77 billion in 2023 to $3.28 billion by 2033. The rise of health-conscious consumers, coupled with the popularity of organic canned products, significantly contributes to market growth. The United States is the dominant market, supported by a robust foodservice sector and extensive retail channels.South America Canned Tomatoes Market Report:
The South American market for canned tomatoes is expected to grow from $0.38 billion in 2023 to $0.71 billion by 2033. Factors such as an increasing preference for healthy, ready-to-eat meals and the growing influence of Italian cuisine are driving demand. Brazil and Argentina are the largest consumers in this region.Middle East & Africa Canned Tomatoes Market Report:
In the Middle East and Africa, the market is expected to grow from $0.35 billion in 2023 to $0.64 billion by 2033. Increasing urbanization and changing consumer lifestyles are leading to greater reliance on convenient food products. Key countries like South Africa and the UAE are witnessing increased demand due to expanding retail infrastructure.Request a custom research report for industry.
Canned Tomatoes Market Analysis By Product Type
Global Canned Tomatoes Market, By Product Type Market Analysis (2023 - 2033)
In 2023, diced tomatoes hold a significant market size of $2.62 billion, comprising about 55.76% of the market share. Whole tomatoes and tomato purée follow, with market sizes of $1.16 billion and $0.46 billion, respectively. By 2033, diced tomatoes are expected to grow to $4.86 billion, maintaining the largest market share, while whole tomatoes are projected to reach $2.15 billion. This trend reflects the versatility and popularity of diced tomatoes in various culinary applications.
Canned Tomatoes Market Analysis By Usage
Global Canned Tomatoes Market, By Usage Market Analysis (2023 - 2033)
Household usage dominates the canned tomatoes market, projected to grow from $3.22 billion in 2023 to $5.96 billion by 2033, representing a market share of 68.45%. The foodservice industry is also seeing growth, increasing from $1.35 billion to $2.51 billion. Industrial usage remains a minor segment, anticipating growth from $0.13 billion to $0.24 billion. This segmentation highlights the diverse applications of canned tomatoes across different sectors.
Canned Tomatoes Market Analysis By Distribution Channel
Global Canned Tomatoes Market, By Distribution Channel Market Analysis (2023 - 2033)
The retail channel dominates the distribution of canned tomatoes, with a market size of $3.85 billion in 2023, expected to reach $7.14 billion by 2033, accounting for 81.95% of the market share. Wholesale and e-commerce channels are experiencing growth, with market sizes of $0.85 billion and emerging growth in online sales. This trend underscores the importance of retail presence and increasing online purchasing preferences among consumers.
Canned Tomatoes Market Analysis By Packaging
Global Canned Tomatoes Market, By Packaging Type Market Analysis (2023 - 2033)
The canned tomatoes market is primarily packaged in tin cans, holding a size of $3.22 billion in 2023, expected to grow to $5.96 billion by 2033. Glass jars, with a market size of $1.35 billion, reflect the growing trend towards premium packaging. PET bottles account for a smaller share, projected to grow from $0.13 billion to $0.24 billion. The choice of packaging is vital for maintaining product quality and attracting health-conscious consumers.
Canned Tomatoes Market Trends and Future Forecast
Request a custom research report for industry.
Global Market Leaders and Top Companies in Canned Tomatoes Industry
Del Monte Foods, Inc.:
A leading global producer of canned tomatoes, Del Monte is known for its wide range of tomato products and high-quality standards, catering to both retail and foodservice markets.ConAgra Brands, Inc.:
ConAgra is renowned for its brands like Hunt's and Orville Redenbacher’s, focusing on innovation and sustainable practices within the canned tomatoes segment.Campbell Soup Company:
Campbell's offers a diverse portfolio in the canned tomato market, emphasizing quality and culinary customization, cementing its position as a market leader.Hormel Foods Corporation:
Hormel Foods specializes in high-quality canned foods, including their popular tomato product lines which focus on convenience and flavor.We're grateful to work with incredible clients.
