Latin America, Middle East & Africa Canned Meat Market Databank
The Canned Meat market was valued at $13,800.0 Million in 2020, and is projected to reach $24,114.3 Million by 2029 growing at a CAGR of 6.44% from 2021 to 2029. Poultry segment is expected to be the highest contributor to this market, with $5,950.2 Million in 2020, and is anticipated to reach $10,364.8 Million by 2029, registering a CAGR of 6.40%. Seafood segment is anticipated to reach $3,304.5 Million by 2029 with the highest CAGR of 9.63%. Poultry and Beef segments collectively expected to account for about 65.4% share of the Canned Meat market in 2020, with the former constituting around 43.1% share. Seafood and Pork segments are expected to witness significant growth rates at a CAGR of 9.63% and 6.59% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 29.2% in the overall Canned Meat market in 2020, and is anticipated to reach 32.7% by 2029.
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