Canned Preserved Food Market - Asia Pacific and Latin America
Industry Analysis, Size, Share, Growth, Trends and Forecast,
2015 – 2021
73 Page Report
Increasingly Hectic Lifestyles Contribute to Expected Rise of Asia Pacific
and Latin America Canned Preserved Food Market to US$38.1 bn by
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Canned Preserved Food Market
The Asia Pacific and Latin America canned preserved food market is expected to reach US$38.1 bn by the
end of 2021. This market was valued at US$24.4 bn in 2014 and is expected to progress at a CAGR of
6.40% within a forecast period of 2015 to 2021. The forecast period of this market is discussed in a new
research report released by Transparency Market Research, titled “Canned Preserved Food Market - Asia
Pacific and Latin America Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2021.” The
report provides details on how the current socioeconomic trends are affecting the sales of canned
preserved goods in these two major developing regions.
According to the report, the key driver of the Asia Pacific and Latin America canned preserved food market
is the extended shelf life of perishable foods. This allows consumers to store the foods for longer durations
and use them whenever required. The economic situation in developing economies is drastically changing
as rapid urbanization and industrialization are allowing a high number of citizens to lead a modern lifestyle
with high disposable incomes and hectic schedules. Therefore, a larger number of consumers are
preferring to purchase canned foods over fresh foods.
On the other hand, the use of excessive amounts of salt, sugar, and other preservatives...