Global Canned Meat Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Canned Meat Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

The canned meat is sealed and sterilized, so that the food in the can is isolated from the outside world and no longer contaminated by microorganisms. At the same time, most of the microorganisms in the can (that is, spoilage bacteria and pathogenic bacteria that can grow in the environment of the can) are killed and the enzyme is lost. Live, thereby eliminating the main cause of food deterioration, and obtain a preservation method for long-term storage at room temperature. Canned meat has the following characteristics.

Market Overview:

The latest research study on the global Canned Meat market finds that the global Canned Meat market reached a value of USD 17728.83 million in 2022. It’s expected that the market will achieve USD 21666.12 million by 2028, exhibiting a CAGR of 3.4% during the forecast period.

Rapid development of logistics industry and E-commerce

With the rapid development of logistics industry, as well as the rising popularity of E-commerce and cross-border E-commerce, the way people buy canned meat also become diversified. For both export and domestic sales, buyers on the basis of offline entity to buy can also choose to purchase through various network platform. A quick way of distribution, also has greatly increased the purchase of comfort.

High Performance of Canned food

Canned food requires less preparation time and is considered easy to use, making it popular in the global market. Sealed and tamper-proof steel containers are in high demand because they protect food from harmful bacteria. In addition, canned food is expected to become increasingly important due to consumers' busy and busy lifestyles. The canning process helps to preserve food quality and prevent spoilage, thus extending its shelf life.

Region Overview:

In 2022, the share of the Canned Meat market in Europe stood at 34.94%.

Company Overview:

Hormel is one of the major players operating in the Canned Meat market, holding a share of 8.52% in 2023.

Hormel

Hormel Foods Corporation manufactures and markets consumer-branded meat and food products. The Company processes meat and poultry products and produces a variety of prepared foods. Hormel markets its products around the world under a variety of branded names.

Thai Union Group

Thai Union Group Public Company Limited produces and exports frozen and canned seafood products including frozen tuna loin, shrimp and cephalopod. The Company also produces canned pet foods from byproducts of its seafood process. Additionally, the Company produces fish snack and canned tuna which are marketed locally.

Segmentation Overview:

As for product types, the Seafood Meats segment held the largest market share in 2022.

Application Overview:

By application, the Retail Industry segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Canned Meat market covered in Chapter 3:

Crown Prince
Zishan Group
Hormel
Dalian Leasun Food Co., Ltd.
Guangdong Huanlejia Food
Thai Union Group
Crider Foods
Bright Food
Look's Gourmet Food Company, Inc.
Xiamen Gulong Food
Wild Planet
Survival Cave Food
Libby's Brand Holding

In Chapter 4 and Chapter 14.2, on the basis of types, the Canned Meat market from 2018 to 2029 is primarily split into:

Live Meats
Poultry Meats
Seafood Meats
Other

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Canned Meat market from 2018 to 2029 covers:

Food and Beverage Industry
Retail Industry

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)