Global Canned Food Market size was valued at USD 124.2 Billion in 2021, and is projected to reach USD 172.44 Billion by 2028, growing at a CAGR of 4.8% from 2022 to 2028.
A market analysis on the global market for Canned Food covering the years 2022 to 2028 has been released. The global Canned Food market, with all of its ups and downs over the years, is examined in the report. Demand and supply on the market are influenced by a number of variables, such as macroeconomic characteristics, consumer purchasing trends, microeconomic parameters, the GDP growth rate, the inflation rate, and demand and supply scenarios.
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The component and request breakdowns, along with an inside-out objective analysis that gives a comprehensive view of the global Canned Food market, are all included in this study. The study also includes details on the end-user businesses, a brief evaluation of their product offerings, details about their distributors and suppliers, and an estimate of product demand. Strong points are emphasised, weaknesses are discovered, opportunities are found, and threats are identified as a result of the SWOT analysis, allowing for an effective and dependable compilation of the full report.
Key Prominent Players In The 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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Market segmentation
The Canned Food market is segmented by type and application. Growth between segments over the period 2022-2028 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.
Canned Food Market Segment by Types
- Canned Meat Products
- Canned Fish/Seafood
- Canned Vegetables
- Canned Fruits
Canned Food Market Segment by Applications
- Supermarkets/Hypermarkets
- Convenience Stores
- Online Retail Channels
Regional Analysis for COVID-19 Outbreak-Global Canned Food Market:
- APAC (Japan, China, South Korea, Australia, India, and Rest of APAC)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
- North America (U.S., Canada, and Mexico)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (Saudi Arabia, UAE, South Africa)
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Impact of COVID-19 on 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.
Key Topics Covered in the Report
- Industry Value Chain and Ecosystem Analysis
- Market size and Segmentation of the Global Canned Food Market
- Historic Growth of the Overall Global Canned Food Market and Segments
- Competition Scenario of the Market and Key Developments of Competitors
- Porter's 5 Forces Analysis of the Global Canned Food Market
- Overview, Product Offerings, and SWOT Analysis of Key Competitors
- COVID-19 Impact on the Overall Global Canned Food Market
- Future Market Forecast and Growth Rates of the Total Global Canned Food Market and by Segments
- Market Size of Product/End User Segments with Historical CAGR and Future Forecasts
- Analysis of the Canned Food Market in Major Regions
- Major Production/Consumption Hubs in the Major Regions
- Overview of Notable Emerging Competitor Companies within Each Major Country
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