Canning is a method of preserving foods for longer period of time by packing them in different airtight containers. The canned food serves enriched nutrients to the health-conscious consumers. The market is mainly driven by the rising urban population that prefers healthy food rich in protein, fibers, vitamins, and omega-3 fatty acids. Consumers who are ready to spend a little more for the small, easy, ready-to-cook meat and seafood as well as organic canned fruits and vegetables are thus boosting the market sales. The rise in the trend of busy life and working population especially among millennials, consumer inclination toward the consumption of convenience food products has increased rapidly during the recent years. Due to retention of high amount of nutrients, color and flavor, canned foods have become one of the most preferred choices of preserved foods among consumers.
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The global Canned Food market report provides comprehensive market information, including classifications, definitions, and market analysis. This also helps with the awareness of various item specifics, the manufacturing cycle, the supply chain, and the cost structure. Along these lines, the understanding of the project's structural squares and key drivers of development is enhanced. To estimate the market size, boundaries such as import and fare, rules in various nations, inflation, legal and political variables, financial elements, and other minor aspects inside organizations have been broken down. The research examines the competitive landscape as well as the most current positions of major rivals in the Canned Food industry.
Leading Key Players Covered Canned Food Market: -
- Bolton Group Srl (Italy)
- Campbell Soup Co (US)
- ConAgra Brands Inc (US)
- Del Monte Pacific Ltd (California)
- General Mills Inc. (Minnesota, US)
- Nestle SA (Switzerland)
- Princes Ltd (UK)
- The Hain Celestial Group Inc (New York)
- The J.M. Smucker Co (Ohio, US)
- The Kraft Heinz Co (Chicago, US)
- Danish Crown (Denmark)
- CHB Group (Cheltenham, UK)
- AYAM SARL. (Singapore)
- JBS S.A (Greeley, US), and other major players.
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Segmentation of Canned Food Market: -
By Product Type
- Canned Meat Products
- Canned Fish/Seafood
- Canned Vegetables
- Canned Fruits
By Distribution Channel
- Supermarkets/Hypermarkets
- Convenience Stores
- Online Retail Channels
By Nature
- Organic
- Conventional
By Region
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
- Middle East Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of SA)
Effect of COVID-19 on the Canned Food Market: -
The COVID-19 pandemic has caused a positive trend within the consumption of canned foods as more people preferred home cooking and retail purchases. Retail is one in every of the most points of sale for foodstuff, for which the demand has gradually increased, during the period of lockdown. The sales of canned products increased during the lockdown because of their long period of time, which appealed to consumers who were subjected to home quarantines and other impacts of lockdowns.
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Report includes Competitor's Landscape:
- Major trends and growth projections by region and country
- Key winning strategies followed by the competitors
- Who are the key competitors in this industry?
- What shall be the potential of this industry over the forecast tenure?
- What are the factors propelling the demand for the Action Figures and Statues?
- What are the opportunities that shall aid in significant proliferation of the market growth?
- What are the regional and country wise regulations that shall either hamper or boost the demand for Action Figures and Statues?
- How has the covid-19 impacted the growth of the market?
- Has the supply chain disruption caused changes in the entire value chain?
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