Canned Food Market

 Report Overview:

 “Global Canned Food Market: Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2023-2028” provides a deep and thorough evaluation of the global Canned Food market.Canning represents one of the commonly used methods of food preservation to elongate the shelf-life of pasta, fruits, vegetables, grains, and meat and dairy products. These products undergo cleaning and blanching in hot water, processing, sealing and high heat to kill microorganisms and inactivate enzymes for maintaining the safety and quality. Canned food products retain the same color, flavor and nutritional value as their fresh and frozen counterparts. At present, the expanding number of hypermarkets and supermarkets is catalyzing the demand for canned food products across the globe.

With the hectic lifestyles of individuals, there is an increase in the consumption of convenience food products due to their ease of preparation and short cooking time. This represents one of the key factors impelling the growth of the market. Moreover, the large-scale availability of canned food products, along with the growing millennial population, is acting as another crucial factor in positively influencing sales. Besides this, there is a rise in the consumption of these food products on account of rapid urbanization. In addition, canned food products have more antioxidants than fresh and frozen tomatoes, carrots, apricots, sweet corn and pumpkin. This, coupled with the rising health consciousness among the masses on account of the increasing prevalence of lifestyle and chronic diseases, is strengthening the growth of the market. Furthermore, key market players are introducing organic canned food variants to expand their product portfolio and overall profitability. They are also investing in promotional campaigns to generate brand awareness and recyclable aluminium cans as a part of their corporate social responsibility (CSR). Apart from this, there is a rise in the need for affordable and convenient food products in quick service restaurant (QSR) to prepare smoothies, salads, sandwiches, soups and gravies. This, in confluence with the burgeoning food and beverage (F&B) industry, is contributing to the market growth.

Beginning with a global overview, the report explores the dynamics that have a strong influence on the canned food market and can also impact its future growth. Taking 2022 as the base year, the report covers the historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth-inducing factors, market restraints and recent developments have also been analysed in the report in order to provide deeper knowledge about the industry. On a regional basis, the report examines the canned food market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. For each of these regions, the report studies the canned food market in detail for the latest trends, outlook and opportunities.

The report analyses the competitive structure of the canned food Industry and provides the profiles of major players operating in the market. The price margins for the products, along with the various success and risk factors for manufacturers, have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the canned food Industry along the parameters of Porter’s Five Forces model. This model examines the degree of competition in the canned food Industry by analysing the threat posed by new entrants and substitutes and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report, which highlights the strengths, weaknesses, opportunities and threats pertaining to the canned food Industry. Furthermore, the value chain analysis of the canned food Industry has also been covered in the report. This comprises all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

Key Segments and Highlights of the Global Canned Food Market

• Historical and current scenario
• Trends and developments
• Market forecast
• Price analysis and forecast
• Porter’s five forces analysis
• SWOT analysis
• Value chain analysis
• Market Breakup by Type
• Market Breakup by End-Use
• Market Breakup by Region
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

• Key players

The report is a result of exhaustive primary and secondary research undertaken by analysts having years of experience in the Canned Food industry. All the qualitative and quantitative aspects of the industry have been covered and the collected data has been analysed and presented in the form of easily comprehensible charts, graphs and tables.