Tomato canned foods market poised to capitalize on growing demand for convenience foods
canned tomato market The canned tomato market is anticipated to witness growth owing to rising demand for convenience foods. Tomatoes are a rich source of antioxidants like lycopene and vitamins which make them a popular ingredient used in sauces, soups, and other food items. Canned tomatoes offer various advantages like longer shelf life without refrigeration, accessibility during off-seasons, and versatility of usages. Their ease of preparation and storage benefit busy consumers leading to higher product adoption. The global canned tomato market is estimated to be valued at US$ 13.6 Bn in 2024 and is expected to exhibit a CAGR of 8.0% over the forecast period of 2024 to 2031. Canned Tomato Market Demand are used in various ways like making pasta sauces, pizzas or directly as a side dish and the on-the-go convenience factor has led to increased demand. Key Takeaways Key players operating in the canned tomato market are Honeywell International Inc., United Technologies C...