Canned Food Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Canned Food Market
The canned food market size was valued at USD 91.90 billion in 2019, and the market is now projected to grow USD 111.13 billion in 2032 exhibiting a CAGR of 1.57% during the forecast period of 2020-2032.
The canned food market worldwide has been adversely affected due to COVID-19 restrictions like lock downs reduced production and increase in prices that have lowered the purchasing power. However, due to convenience and hygiene aspects of canned food, the demand has been able to persist as described herein below. The availability of canned foods has reduced because many plants are closed and have few employees, but the market is regaining ground as canned goods are still valuable. Canned food is easily and readily available in markets this is enhancing the market of canned foods.
Canning delays spoilage from outside influences such as air and light, retain the nutrients value of the food and increases its shelf life. Fast foods and quick service restaurants re relied on canned foods and beverages since they do not spoil easily. Canned fruits do not get in contact with the salad or drinks or smoothies in which they are used; they retain their nutrition value. The use of hygienic and convenient food products has escalated the market demand by consumers of canned foods.
The two major categories of food understood in both developed and developing fields are the organic and clean-label products as they are believed to have health benefits. The demand for organic food products has surged, which resulted from the need for products that have no chemical content. This made organic canned foods to grow because people prefer organically grown vegetables, fruits, and meat products. The market drivers of tinned foods include availability and consumption rates of extensively presented organic canned products.
Comprehensive Analysis of Canned Food Market
The canned food market growth is rising at an exponential rate due to its market segmentation. This market expansion rightly provides a thorough market breakdown near to the industry considering the leading supply and demand forces. These segmentations are methodically segregated by type analysis and by distribution channel analysis. By type analysis include canned seafood, canned vegetables and fruits, canned meat, and others. By distribution channel analysis include supermarkets/hypermarkets, specialty stores, and online retail.
The North America region lead the canned food market share by benefitting a market size of USD 35.93 billion in 2019 due to the rise in consumption of processed food products and beverages.
The top players in the markets have a central responsibility in the food & beverages industry to be sure of industrial prospectus development and to establish the market norms. These players include, The Kraft Heinz Company, Bolton Group S.r.l., Campbell Soup Company, Conagra Brands, Inc, Nestlé, Danish Crown AmbA, Del Monte Foods, Inc, JBS USA Holdings, Inc., Ayam Brand, Holyland Marketing Private Limited these market players provide a level-playing competitive landscape.
In May 2020, Ye Olde Oak Foods Ltd. launched a new online website with the help of Fablr Ltd. to enhance its web presence and showcase products.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2016-2027
Base Year 2019
Forecast Period 2020-2027
Historical Period 2016-2018
Unit Value (USD Billion)
SegmentationBy Type
Canned Seafood
Canned Vegetables and Fruits
Canned Meat
Others
By Distribution Channel
Supermarkets/Hypermarkets
Specialty Stores
Online Retail
By Region
North America (U.S., Canada, and Mexico)
Europe (U.K., France, Italy, Spain, Germany, Russia, and the Rest of Europe)
Asia-Pacific (China, India, Japan, Australia, and the Rest of Asia- Pacific)
South America (Brazil, Argentina, and the Rest of South America)
Middle East & Africa (South Africa, UAE, and the Rest of the MEA)
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- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 3.4. Emerging Trends
- 4. Key Insights
- 4.1. Overview of the Parent/Related Markets
- 4.2. Supply Chain & Regulatory Analysis
- 4.3. Industry SWOT Analysis
- 4.4. Recent Industry Developments - Policies, Partnerships, New Type Launches, and Mergers & Acquisitions
- 5. Global Canned Food Market Analysis, Insights and Forecast, 2016-2027
- 5.1. Key Findings / Summary
- 5.2. Market Size Estimates and Forecast
- 5.2.1. By Type
- 5.2.1.1. Canned Seafood
- 5.2.1.2. Canned Vegetables and Fruits
- 5.2.1.3. Canned Meat
- 5.2.1.4. Others
- 5.2.2. By Distribution Channel
- 5.2.2.1. Hypermarket/Supermarkets
- 5.2.2.2. Specialty Stores
- 5.2.2.3. Online Retail
- 5.2.3. By Region
- 5.2.3.1. North America
- 5.2.3.2. Europe
- 5.2.3.3. Asia Pacific
- 5.2.3.4. South America
- 5.2.3.5. Middle East & Africa
- 6. North America Canned Food Market Analysis, Insights and Forecast, 2016-2027
- 6.1. Key Findings / Summary
- 6.2. Market Size Estimates and Forecast
- 6.2.1. By Type
- 6.2.1.1. Canned Seafood
- 6.2.1.2. Canned Vegetables and Fruits
- 6.2.1.3. Canned Meat
- 6.2.1.4. Others
- 6.2.2. By Distribution Channel
- 6.2.2.1. Hypermarket/Supermarkets
- 6.2.2.2. Specialty Stores
- 6.2.2.3. Online Retail
- 6.2.3. By Country
- 6.2.3.1. U.S
- 6.2.3.2. Canada
- 6.2.3.3. Mexico
- 7. Europe Canned Food Market Analysis, Insights and Forecast, 2016-2027
- 7.1. Key Findings / Summary
- 7.2. Market Size Estimates and Forecast
- 7.2.1. By Type
- 7.2.1.1. Canned Seafood
- 7.2.1.2. Canned Vegetables and Fruits
- 7.2.1.3. Canned Meat
- 7.2.1.4. Others
- 7.2.2. By Distribution Channel
- 7.2.2.1. Hypermarket/Supermarkets
- 7.2.2.2. Specialty Stores
- 7.2.2.3. Online Retail
- 7.2.3. By Country
- 7.2.3.1. Germany
- 7.2.3.2. U.K.
- 7.2.3.3. France
- 7.2.3.4. Spain
- 7.2.3.5. Italy
- 7.2.3.6. Russia
- 7.2.3.7. Rest of Europe
- 8. Asia Pacific Canned Food Market Analysis, Insights and Forecast, 2016-2027
- 8.1. Key Findings / Summary
- 8.2. Market Size Estimates and Forecast
- 8.2.1. By Type
- 8.2.1.1. Canned Seafood
- 8.2.1.2. Canned Vegetables and Fruits
- 8.2.1.3. Canned Meat
- 8.2.1.4. Others
- 8.2.2. By Distribution Channel
- 8.2.2.1. Hypermarket/Supermarkets
- 8.2.2.2. Specialty Stores
- 8.2.2.3. Online Retail
- 8.2.3. By Country
- 8.2.3.1. China
- 8.2.3.2. Japan
- 8.2.3.3. India
- 8.2.3.4. Australia
- 8.2.3.5. Rest of Asia Pacific
- 9. South America Canned Food Market Analysis, Insights and Forecast, 2016-2027
- 9.1. Key Findings / Summary
- 9.2. Market Size Estimates and Forecast
- 9.2.1. By Type
- 9.2.1.1. Canned Seafood
- 9.2.1.2. Canned Vegetables and Fruits
- 9.2.1.3. Canned Meat
- 9.2.1.4. Others
- 9.2.2. By Distribution Channel
- 9.2.2.1. Hypermarket/Supermarkets
- 9.2.2.2. Specialty Stores
- 9.2.2.3. Online Retail
- 9.2.3. By Country
- 9.2.3.1. Brazil
- 9.2.3.2. Argentina
- 9.2.3.3. Rest of South America
- 10. Middle East & Africa Canned Food Market Analysis, Insights and Forecast, 2016-2027
- 10.1. Key Findings / Summary
- 10.2. Market Size Estimates and Forecast
- 10.2.1. By Type
- 10.2.1.1. Canned Seafood
- 10.2.1.2. Canned Vegetables and Fruits
- 10.2.1.3. Canned Meat
- 10.2.1.4. Others
- 10.2.2. By Distribution Channel
- 10.2.2.1. Hypermarket/Supermarkets
- 10.2.2.2. Specialty Stores
- 10.2.2.3. Online Retail
- 10.2.3. By Country
- 10.2.3.1. UAE
- 10.2.3.2. South Africa
- 10.2.3.3. Rest of Middle East & Africa
- 11. Competitive Matrix
- 11.1. Business Strategies Adopted by Leading Players
- 11.2. Global Canned Food Market Revenue Share/Ranking Analysis, By Key Manufacturer
- 12. Company Profiles
- 12.1. Conagra Brands, Inc.
- 12.1.1. Overview
- 12.1.2. Description
- 12.1.3. Type Portfolio
- 12.1.4. Financials (Data as available in public domain and/or on paid databases)
- 12.1.5. Recent Developments
- 12.2. Bolton Group S.r.l.
- 12.2.1. Overview
- 12.2.2. Description
- 12.2.3. Type Portfolio
- 12.2.4. Financials (Data as available in public domain and/or on paid databases)
- 12.2.5. Recent Developments
- 12.3. Campbell Soup Company
- 12.3.1. Overview
- 12.3.2. Description
- 12.3.3. Type Portfolio
- 12.3.4. Financials (Data as available in public domain and/or on paid databases)
- 12.3.5. Recent Developments
- 12.4. Nestlé S. A.
- 12.4.1. Overview
- 12.4.2. Description
- 12.4.3. Type Portfolio
- 12.4.4. Financials (Data as available in public domain and/or on paid databases)
- 12.4.5. Recent Developments
- 12.5. The Kraft Heinz Company
- 12.5.1. Overview
- 12.5.2. Description
- 12.5.3. Type Portfolio
- 12.5.4. Financials (Data as available in public domain and/or on paid databases)
- 12.5.5. Recent Developments
- 12.6. Danish Crown AmbA
- 12.6.1. Overview
- 12.6.2. Description
- 12.6.3. Type Portfolio
- 12.6.4. Financials (Data as available in public domain and/or on paid databases)
- 12.6.5. Recent Developments
- 12.7. Del Monte Foods, Inc
- 12.7.1. Overview
- 12.7.2. Description
- 12.7.3. Type Portfolio
- 12.7.4. Financials (Data as available in public domain and/or on paid databases)
- 12.7.5. Recent Developments
- 12.8. JBS USA Holdings, Inc
- 12.8.1. Overview
- 12.8.2. Description
- 12.8.3. Type Portfolio
- 12.8.4. Financials (Data as available in public domain and/or on paid databases)
- 12.8.5. Recent Developments
- 12.9. Ayam Brand
- 12.9.1. Overview
- 12.9.2. Description
- 12.9.3. Type Portfolio
- 12.9.4. Financials (Data as available in public domain and/or on paid databases)
- 12.9.5. Recent Developments
- 12.10. Holyland Marketing Private Limited
- 12.10.1. Overview
- 12.10.2. Description
- 12.10.3. Type Portfolio
- 12.10.4. Financials (Data as available in public domain and/or on paid databases)
- 12.10.5. Recent Developments
- 13. Strategic Recommendations
- 14. Appendix
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