The global canned food market size was USD 91.90 billion in 2019 and is projected to reach USD 100.92 billion by 2027, exhibiting a CAGR of 1.30% during the Forecast Period.
More over a third of the market share for This was held by the canned meat and seafood segment. Food preservation techniques like canning involve sterilising and sealing food goods in airtight containers. Seafood, meat, fruits, vegetables, dinners, candies & desserts, soups & sauces, beans, lentils, and pastas are just a few of the many canned food items available in the market. Since many vital nutrients are maintained throughout the canning process, This products have become one of the most popular preserved food options on the market.
Because of their busy lifestyles, consumers have recently shown a greater propensity to consume convenience food items. Can meals retain a significant quantity of nutrients, colour, and flavour, making them one of the most popular options for foodstuffs preserved by customers.
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The dependency of consumers on convenience foods and ready meals has increased as more women enter the workforce. This has increased consumer demand for wholesome, shelf-stable food, which in turn drives the market for this upward. The demand for canned food goods is also fueled by the rapid increase in the number of major retail formats around the world, such as hypermarkets/supermarkets and e-commerce channels. Consumers are spending more money on organic food due to rising health concerns, which presents chances for manufacturers to concentrate on organic canned food goods. To be competitive in the market, producers prioritise offering a variety of canned food products that are also of the highest quality, taste, and nutritional content.
The market is divided into segments based on product type, distribution channel, type, and geography, according to the canned food market analysis. It is divided into canned meat and seafood, tinned fruit and vegetables, canned ready meals, and other product types. It is broken down into supermarkets/hypermarts, convenience stores, e-commerce, and other channels of distribution. It is divided into organic and conventional varieties based on kind. It is examined regionally in North America (the United States, Canada, and Mexico), Europe (Germany, France, the United Kingdom, Italy, Spain, and the Rest of Europe), Asia-Pacific (China, Japan, Australia, South Korea, and the Rest of Asia-Pacific), and LAMEA ( Latin America, the Middle East, and Africa).
Market Segmentation
Global Canned Food Market: Major Players
Dole Food
AYAM
Goya Foods
LDH (La Doria) Ltd
Pinnacle Foods
General Mills
Canyon Creek Food
ConAgra Foods
SPT Foods
Grupo Calvo
Rhodes Food Group
AhiGüven
Kraft Heinz
Bonduelle Group
Del Monte Foods
C&D Foods
Hormel Foods
Bolton Group
Global Canned Food Market: Types
Canned Meat & Seafood
Canned Fruit & Vegetables
Canned Ready Meals
Others
Global Canned Food Market: Applications
Supermarket/Hypermarket
Convenience stores
E-commerce
Others
Global Canned Food Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Canned Food market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Key Points:
Define, describe and forecast Canned Food product market by type, application, end user and region.
Provide enterprise external environment analysis and PEST analysis.
Provide strategies for company to deal with the impact of COVID-19.
Provide market dynamic analysis, including market driving factors, market development constraints.
Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.
