The Global Canned Food Market size is expected to grow from USD 130.53 billion in 2022 to USD 194.33 billion by 2030, at a CAGR of 5.1% during the forecast period (2023-2030).
Foods can be preserved for extended periods of time through canning, which involves putting them in various airtight jars. For consumers who are concerned about their health, tinned food offers enhanced nutrients. The growing urban population, which favors wholesome foods high in protein, fiber, vitamins, and omega-3 fatty acids, is the primary driver of the industry. Sales of compact, convenient, ready-to-cook meat and seafood as well as organic canned fruits and vegetables are increasing because consumers are willing to pay a little bit extra for these products. Convenience food product consumption has grown significantly in recent years due to the growing trend of busy lives and working populations, particularly among millennials.
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Top Key Players Covered In 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 Analysis of The 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
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Regional Analysis of Canned Food Market
In the anticipated years, the Asia Pacific area is anticipated to have a dominant position in the worldwide canned food industry. The Asia Pacific area is continuing to maintain its dominant position in large part due to rising disposable income and consumers' busy lifestyles brought on by higher employment rates. The increase in the consumption of packaged and processed foods and drinks is the main driver of growth in this area. This region's large working professional population and broad customer base are predicted to fuel market growth throughout the anticipated period. In addition, the market for canned food is expected to rise significantly due to the fast urbanization and widespread acceptance of westernized culture.
By Region
- North America (US, Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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