Canned Food Market 2020-2026

Global Canned Food Market Size, Share & Trends Analysis Report by Type of Food (Canned Meat Products, Canned Fish/Seafood, Canned Vegetables, Canned Fruits, and Others), By Distribution Channel (Retail & Convenience Stores and Online Platform), and Forecast 2020-2026.

The global canned food market is projected to grow at a steady CAGR during the forecast period. The market growth is attributed to the increasing demand for ready-to-eat food products coupled with the affordability of canned foods. In addition, the increasing urban population is leading to a change in the lifestyle of the consumers which further impacts the market growth. Further, the players in the market are acquiring other firms which further gives a boost to the growth of the market. For instance, in July 2019, Bolton Group acquired Bellevue, a US-based tuna firm Tri Marine. While in July 2018, Bonduelle completely acquired Del Monte’s processed fruit and vegetable business segment in Canada to increase its portfolio to canned snacks.

The global canned food market is segmented on the basis of types of food and distribution channels. Based on the type of food segment, the market is segmented into canned meat products, canned fish/seafood, canned vegetables, canned fruits, and others such as canned milk and sauces. The increasing demand for canned fish and seafood tends to drive the growth of the global canned food market during the forecast period. Based on the distribution channel, the market is bifurcated into retail & convenience stores that include supermarkets & hypermarkets and online platforms. The online platform is estimated to exhibit considerable growth during the forecast period.

Moreover, the study of the global canned food market report covers the analysis of four major regions including North America (the US and Canada), Europe (UK, Germany, Italy, Spain, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and the Rest of the World. Asia-Pacific is estimated to exhibit significant growth in the market owing to the contribution from the countries, such as Japan, Korea, and China that import canned crab meat in high quantities.

Further, the study of the report covers the analysis of various players operating in the market. Some of the major players covered in the report include Conagra Brands, Nestle SA, The Kraft Heinz Co., Campbell Soup Co., The J.M. Smucker Co., Bolton Group Srl, Bonduelle Group, and others. These companies adopting several organic and inorganic growth strategies to strengthen their product portfolios and maintain a competitive position in the global canned food market.

Research Methodology:

The market study of the global canned food market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of the reports.

Secondary Sources Include:

• Financial reports of companies involved in the market
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalog

The report is intended for food & beverage manufacturing companies, canned food providers, food cans manufacturing companies, packaging companies, contract manufacturers, importers & exporters, industry associations & experts, research institutes, government organizations, regulatory bodies, and other market participants for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.

Market Segmentation:

1. Global Canned Food Market Research and Analysis by Type of Food
2. Global Canned Food Market Research and Analysis by Distribution Channel

The Report Covers:

• Comprehensive research methodology of the global canned food market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global canned food market.
• Insights about market determinants which are stimulating the global canned food market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of the market players.