Canned peeled tomatoes are tomatoes that have had their skins removed and are kept in a can, often with extra sauce or juice. The tomatoes will have a long shelf life while retaining their flavor, texture, and nutritional value thanks to this preservation method. In a number of culinary applications, including casseroles, soups, stews, and sauces, they are commonly employed in situations where fresh tomatoes are not always handy or easily accessible.
Global Canned Peeled Tomatoes Market Driving Factors and Challenges
Driving Factors- Several significant factors are driving the market expansion for canned peeled tomatoes. First, as customers search for time-saving kitchen solutions, there is a notable increase in demand for food goods that are ready to use and convenient. Canned peeled tomatoes are a popular option for busy households and foodservice operators because of their long shelf life and convenience of usage. Second, the COVID-19 epidemic has increased the trend of home cooking, which has led to a rise in the use of canned tomatoes as pantry essentials. Furthermore, the rising demand for prepared and processed foods, particularly in cities, contributes to the expansion of the market.
Challenges- Many factors may affect the canned peeled tomato industry's stability and growth. A primary barrier is the increasing competition from fresh and frozen goods, which some consumers consider to be healthier or more natural. Market share for canned tomatoes can occasionally be lost if customer preferences shift toward fresh or organic foods. Two climate change-related variables in raw tomato production are droughts and poor harvests. These disruptions in supply chains and price volatility can impact both production costs and product availability.
Impact of COVID-19 on Global Canned Peeled Tomatoes Market
The COVID-19 pandemic had a significant impact on the global market for canned peeled tomatoes, affecting both supply and demand. There was a noticeable increase in consumer interest on the demand side as consumers stocked up on pantry staples like canned tomatoes during lockdowns and limitations. This surge in demand for long-lasting, simple products, particularly in regions where home cooking grew more popular, led to a brief increase in sales. However, the pandemic also disrupted the supply chain, particularly in key tomato-growing regions where logistical challenges, travel restrictions, and labor shortages delayed harvests and processing. These delays and reduced manufacturing capacity due to a labor shortage resulted in higher prices for canned tomatoes.
Global Canned Peeled Tomatoes Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as: B&G Foods, Inc., Bianco DiNapoli, Cento Fine Foods, Inc., Conagra Brands, Inc., Del Monte Pacific Limited, General Mills, Inc., La Doria S.p.A., Mutti S.p.A., The Kraft Heinz Company, The Pastene Companies, Ltd., Others.
Global Canned Peeled Tomatoes Market Segmentation:
By Type: Based on the Type, Global Canned Peeled Tomatoes Market is segmented as; Whole peeled tomatoes, Diced tomatoes, Crushed tomatoes, Pureed tomatoes, Others.
By End User: Based on the End User, Global Canned Peeled Tomatoes Market is as: Residential, Commercial.
By Distribution Channel: Based on the Distribution Channel, Global Canned Peeled Tomatoes Market is as: Online, Offline.
By Region: This research also include data for North America, Europe, Asia-Pacific Middle East & Africa and South America.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.