Global Canned Foods Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global canned foods market in its upcoming report titled, “Global Canned Foods Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027”. The global canned foods market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the global canned foods market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the global canned foods market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global canned foods market report has been segmented on the basis of product type, distribution channel, and region.
Canning is a way of preserving food. Food stored in cans is sterilized by heat and then packed in closed & airtight containers. These containers are primarily made of flexible aluminum foils. Canning vastly improves shelf life of food products and also helps to maintain vitamin and protein content in food products. Canning is mostly used to preserve meat and meat products for longer durations of time.
Changing lifestyles coupled with increasing preference for canned foods by individuals in developed countries are key factors boosting growth of the global canned foods market. In addition, increasing health consciousness among individuals, and innovative product offerings from key players are major factors expected to fuel growth of the global canned foods market over the forecast period.
Moreover, brand image and customer loyalty are important factors which are expected to contribute towards continuous growth of the global canned foods market.
Use of high amount of preservatives in certain canned foods, that can cause severe health issues in individuals when consumed in high quantities is a major restraining factor for growth of the global canned foods market.
However, high investments in R&D, and development of new products that contain less amount of preservatives or that use natural preservatives are expected to be high potential opportunities for key players in the global canned foods market to expand their revenue share and market presence.
The market in Europe dominates the global canned foods market in terms of revenue, followed by the market in North America. This can be attributed to high consumption of canned foods by individuals in countries in the region. The market in North America is expected to register second-highest revenue, owing to its high adoption rate due to its convenience while using & serving, and high preference for canned foods in countries in the region. The canned foods market in Asia-Pacific is expected to witness growth with highest CAGR, owing to changing food habits along with high use of cans for storage of fish and meat products in emerging economies such as Japan and China in the region.
Global Canned Foods Market Segmentation:
Segmentation of the global canned foods market, by product type:
- Canned fish and seafood
- Canned vegetables and fruits
- Canned meat products
- Canned ready meals
Segmentation of the global canned foods market, by distribution channel:
- Independent retailers
- Convenience stores
Segmentation of the global canned foods market, by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Bolton Group B.V.,
- Conagra Brands, Inc.,
- Del Monte Foods, Inc.
- The Kraft Heinz Company
- J. Heinz Company, L.P.
- Pinnacle Foods, Inc.,
- Hormel Foods Corporation.
- General Mills, Inc.
- Kellogg Co.
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