Global Canned Food Market 2024-2028
The canned food market is forecasted to grow by USD 31138.9 mn during 2023-2028, accelerating at a CAGR of 4.36% during the forecast period. The report on the canned food market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by new product launches, growing need for convenience foods owing to hectic lifestyles, and growth in online retailing.
Technavio's canned food market is segmented as below:
By Product
- Canned fish and seafood
- Canned vegetables
- Canned meat
- Canned ready meals
- Others
By Distribution Channel
By Geographical Landscape
- Europe
- North America
- APAC
- Middle East and Africa
- South America
This study identifies packaging-related innovations as one of the prime reasons driving the canned food market growth during the next few years. Also, growing household spending on food and growing demand for canned food for adventure activities will lead to sizable demand in the market.
The report on the canned food market covers the following areas:
- Canned food market sizing
- Canned food market forecast
- Canned food market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading canned food market vendors that include Atria PLC, Ayam Sarl, Bolton Group Srl, BONDUELLE SA, Campbell Soup Co., CHB Group, Conagra Brands Inc., Danish Crown AS, Del Monte Pacific Ltd., Eureden Co operative Group, General Mills Inc., Hormel Foods Corp., JBS SA, Jutai Foods Group Ltd., LA DORIA S.P.A., Nestle SA, Princes Ltd., Thai Union Group PCL, The Hain Celestial Group Inc., and The J.M Smucker Co.. Also, the canned food market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. IT presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.