Canned Preserved Food Market Research Report and Forecast up to 2021 Canned Preserved Food Market - Asia Pacific and La

Canned Preserved Food Market - Asia Pacific
and Latin America Industry Analysis, Size,
Share, Growth, Trends and Forecast 2015 -
2021
The canned preserved food market has been flourishing at a magnificent rate,
especially in Asia Pacific and Latin America, due to several reasons. A recent news
analysis shows that the packaged food industry in India was expected to reach
about $20 bn by the end of 2014. This remarkable market size can be attributed to
the influx of several multinational food packaging companies in the industry,
increasing retail trade, technological advancements in packaging, and dramatic
changes in the urban lifestyle. The inflation in food prices is also encouraging
consumers to buy packaged food. These trends are also seen in other countries in
Asia Pacific and Latin America and have been thoroughly researched in the report.
View Report @ http://www.transparencymarketresearch.com/canned-
preserved-food-market.html
The canned and preserved food market in Asia Pacific and Latin America has been
studied using a SWOT analysis and Porter’s five forces analysis. The microscopic
scrutiny of the market helps in identifying the strengths, weaknesses, opportunities,
and threats of the market, along with pinpointing the threat of new entrants, the
threat of substitute products or services, the bargaining power of customers
(buyers), the bargaining power of suppliers, and the intensity of competitive rivalry.
The research report gives an exact understanding of the status of the market to
readers to help them make well-informed business decisions.
Overview
Countries in Latin America and Asia Pacific are witnessing a surge in the demand for
canned preserved food. The longer shelf-life of these food items, growing
urbanization, and the convenience of ready-to-eat items are propelling the demand
for canned preserved food in these regions. Furthermore, the busy lifestyles of
consumers in urban areas are also making consumers opt for these kinds of food
items. Improving per capita incomes are also one of the reasons for the positive
growth trend in the canned preserved food market in Asia Pacific and Latin America.
According to the research report, the canned preserved food market in Asia Pacific
and Latin America was worth US$24.4 bn in 2014 and is expected to reach US$38.1
bn by 2021, registering a whopping CAGR of 6.40% from 2015 to 2021. In terms of
volume, the canned preserved food market was worth at 6.28 bn kg in 2014 and is