GVR Report cover Canned Lychee Market Size, Share & Trends Report

Canned Lychee Market Size, Share & Trends Analysis Report By Application (Desserts, Drinks & Beverages, Snacks), By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2024 - 2030

  • Report ID: GVR-4-68040-404-4
  • Number of Report Pages: 100
  • Format: PDF, Horizon Databook
  • Historical Range: 2018 - 2023
  • Forecast Period: 2024 - 2030 
  • Industry: Consumer Goods

Canned Lychee Market Size & Trends

The global canned lychee market size was valued at USD 443.4 million in 2023 and is expected to grow at a CAGR of 5.7% from 2024 to 2030. The growth can be attributed to the rising demand for convenience food, increasing health consciousness, and consumer preferences for exotic and tropical flavors.

Canned Lychee Market Size by Application, 2020 – 2030 (USD Million)

The increasing consumer preference for ready-to-eat fruits is a significant driver. Canned lychees offer convenience, requiring no preparation and having a long shelf life, making them an attractive option for busy consumers. According to the Centers for Disease Control and Prevention, only 10% of adults consume sufficient fruits or vegetables, primarily due to factors such as high costs, limited availability, and perceived lack of preparation time. However, canned fruits such as lychee offer a more affordable, nutritious, flavorful, and convenient option. The increasing consumer awareness regarding the benefits of canned fruit may significantly contribute to its growing popularity. Moreover, unlike fresh lychees, canned lychees can be enjoyed year-round, independent of the fruit’s natural growing season. This consistent availability supports steady demand.

Moreover, there is a rising preference for healthier snacking alternatives over processed snacks high in sugar and unhealthy fats. According to Healthy Snacking Trends for 2024 by Glanbia plc, a rising number of consumers are actively seeking healthier snack alternatives, with 60% of the global consumer base indicating a heightened awareness of mindful snacking-a 4% hike from the previous year. Furthermore, 61% of respondents express a consistent preference for healthier snack options, marking a notable 7% point uptick. Canned lychee serves as a natural, low-calorie option that satisfies sweet cravings while providing nutritional benefits. This perception aligns with the broader trend toward clean eating and healthier lifestyle choices. Additionally, canned lychees are rich in essential vitamins and minerals, particularly vitamin C, manganese, and dietary fiber. These nutrients are crucial for maintaining overall health, boosting immunity, and aiding digestion. As consumers become more aware of the nutritional value of their food choices, the demand for canned lychee as a healthy snack or ingredient has increased.

The canned lychee market is significantly influenced by evolving consumer preferences that increasingly favor exotic and tropical flavors, driven by a growing interest in global cuisines and health-conscious eating habits. As consumers become more adventurous in their culinary choices, they seek out products that offer unique taste experiences, with canned lychee emerging as a convenient option to incorporate the sweet, tangy flavor of this tropical fruit into various dishes. Additionally, the perception of canned fruits as a practical alternative to fresh produce, due to their longer shelf life and ease of use, has further propelled demand.

 Application Insights

Canned lychee for drinks & beverages accounted for a revenue share of 37.7% in 2023. This can be attributed to the rising popularity of tropical flavors among consumers. Lychee, with its sweet and tangy profile, has become a favored ingredient in various beverage applications from alcoholic drinks such as piña coladas to non-alcoholic options such as juices and flavored waters. Its versatility makes it an appealing choice for beverage manufacturers looking to innovate or expand their product offerings. Additionally, canned lychee can be blended easily into smoothies or used as a garnish, further enhancing its utility in various drink formulations, and leading to an increase in its demand.

The desserts segment is expected to grow at the highest CAGR from 2024 to 2030. The versatility of canned lychee, which can be incorporated into a wide range of dessert recipes, from tarts to ice creams, is anticipated to contribute to its increasing popularity. Health-conscious consumers are drawn to lychee for its nutritional benefits, including high vitamin C, potassium, and antioxidants, promoting its use in healthier dessert options. Furthermore, global culinary trends embracing Asian and tropical ingredients have further fueled the demand for canned lychee in desserts, aligning with the broader trend of globalization in the food industry.

Distribution Channel Insights

Sales of canned lychee through offline channels accounted for a revenue share of 75.7% in 2023. This can be primarily attributed to consumer preference for physically inspecting food products before purchase, the immediate availability facilitated by retail stores, and the strong distribution networks of supermarkets and grocery stores.

Canned Lychee Market Share by Distribution Channel, 2023 (%)

Sales through online channel is expected to grow at a CAGR of 6.3% from 2024 to 2030. The expansion and enhancement of e-commerce platforms is expected to play a crucial role in facilitating online sales. Major retailers such as Amazon, Walmart, and specialized grocery delivery services have improved their logistics and user interfaces, allowing customers to browse, compare, and purchase canned lychee from the comfort of their homes. This accessibility is likely to drive higher sales volumes as more consumers turn to these platforms for their grocery needs.

Regional Insights

North America canned lychee market accounted for a revenue share of 15.9% in 2023. The health-conscious consumer base, which appreciates the nutritional benefits of lychees, such as high vitamin C and manganese content, plays a critical role in propelling market growth. Furthermore, North America's well-established retail networks and online platforms facilitate easy access to canned lychee products, sustaining its market share. The market is primarily driven by increasing consumer demand for convenient and shelf-stable food products, alongside a growing trend towards healthy eating that emphasizes the nutritional benefits of fruits. Additionally, the rise of e-commerce and online grocery shopping has facilitated easier access to canned goods, further boosting sales.

U.S. Canned Lychee Market Trends

The canned lychee market in the U.S. is expected to grow at a significant CAGR from 2024 to 2030. The growth in the U.S. market is driven by increasing consumer preferences for ready-to-eat and conveniently packaged foods amidst busy lifestyles. Additionally, innovations in packaging, aimed at preserving taste and extending shelf life, along with marketing strategies that highlight the health benefits of lychees are anticipated to fuel demand.

Asia Pacific Canned Lychee Market Trends

The canned lychee market in Asia Pacific is expected to grow at a CAGR of 5.7% from 2024 to 2030. The Asia Pacific region is a significant producer of lychees leading to the expected robust growth rates. The region benefits from favorable climatic conditions for lychee cultivation, leading to wide availability and lower prices. Furthermore, the integration of lychees in local cuisines and an increase in export activities due to improvements in logistics and trade agreements could drive market growth.

Europe Canned Lychee Market Trends

The canned lychee market in Europe is expected to grow at a CAGR of 5.6% from 2024 to 2030, owing to the increasing preference for tropical fruits, including canned lychees, which are perceived as both a convenient and healthy food option. The rising vegetarian and vegan population, seeking fruit-based alternatives and exotic flavors, may also contribute to market expansion.

Key Canned Lychee Company Insights

The global canned lychee industry is characterized by numerous well-established and emerging players. The canned lychee market features a competitive landscape where key players are continuously working to enhance their market share through various strategies. These strategies often include product innovation, focusing on flavor diversification, and expanding their product lines to cater to a broader audience.

Key Canned Lychee Companies:

The following are the leading companies in the canned lychee market. These companies collectively hold the largest market share and dictate industry trends.

  • Dole
  • Del Monte Foods
  • General Mills
  • Goya Foods
  • Ayam Brand
  • Bolton Group
  • Conagra Brands
  • B&G Foods
  • Dongwon Industries
  • Rhodes Food Group

Recent Developments

  • In November 2022, Del Monte, a leading canned fruit brand in the U.K., announced its collaboration with cookery author and television personality Lisa Faulkner. This partnership aims to promote the health benefits of consuming canned fruit and emphasize the importance of incorporating Del Monte’s nutritious canned products into daily meals.

  • In May 2024, Del Monte announced its partnership for 2024 with emerging tennis star Jodie Burrage. Ranked as the third-best British woman in tennis, Burrage will advocate for the advantages of including canned fruit in a healthy diet and active lifestyle. 

Canned Lychee Market Report Scope

Report Attribute

Details

Market size value in 2024

USD 467.9 million

Revenue forecast in 2030

USD 652.2 million

Growth Rate (Revenue)

CAGR of 5.7% from 2024 to 2030

Actuals

2018 - 2023

Forecast period

2024 - 2030

Quantitative units

Revenue in USD million/billion and CAGR from 2024 to 2030

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Application, distribution channel, region

Regional scope

North America; Europe; Asia Pacific; Central & South America; Middle East & Africa

Country scope

U.S; Canada; Mexico; Germany; U.K.; France; Italy; Spain; China; Japan; India; Australia & New Zealand; South Korea; Brazil; South Africa

Key companies profiled

Dole; Del Monte Foods; General Mills; Goya Foods; Ayam Brand; Bolton Group; Conagra Brands; B&G Foods; Dongwon Industries; Rhodes Food Group

Customization scope

Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

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Global Canned Lychee Market Report Segmentation

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global canned lychee market report on the basis of application, distribution channel, and region.

Canned Lychee Market Report Segmentation

  • Application Outlook (Revenue, USD Million, 2018 - 2030)

    • Desserts

    • Drinks & Beverages

    • Snacks

    • Others

  • Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

    • Online

    • Offline

      • Hypermarkets & Supermarkets

      • Convenience Stores

      • Others

  • Regional Outlook (Revenue, USD Million, 2018 - 2030)

    • North America

      • U.S.

      • Canada

      • Mexico

    • Europe

      • Germany

      • UK

      • France

      • Italy

      • Spain

    • Asia Pacific

      • China

      • Japan

      • India

      • Australia & New Zealand

      • South Korea

    • Central & South America

      • Brazil

    • Middle East & Africa

      • South Africa

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