Latest 2023 Development of the Africa Canned Food Market

Africa Canned Food Market is expected to register significant growth, driven by changing dietary habits, increasing population, and rising demand for convenience food products. For instance, several international food processing companies have been investing in local production facilities in Africa to meet the proliferating demand for canned food products. Also, the diversification in the product offerings to cater to the changing dietary habits of consumers is one of the major developments of the market. Moreover, many canned food manufacturers in Africa are expanding into new markets to tap into new opportunities.

The Africa canned food market is experiencing steady growth, driven by increasing urbanization as there is a growing demand for convenient food products in urban areas. Also, the rising disposable income is also contributing to the demand for canned food products. Several partnerships and collaborations have been formed between local and international canned food manufacturers in Africa to produce a range of canned food products. Thus, these factors are driving the overall Africa Canned Food Market size in the upcoming years. 

Africa Canned Food Market Synopsis

Africa Canned Food market report is a part of the Global Canned Food Market Report thoroughly covers the market by types, distribution channels, Products, and key countries including Nigeria, Kenya, South Africa, and the Rest of Africa region The Africa Canned Food market outlook report provide an unbiased and detailed analysis of the on-going Africa Canned Food market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

According to 6Wresearch, the Africa Canned Food Market size is anticipated to register growth during 2020-2026. The rising disposable income of the natives coupled with a change in food preferences and shift towards healthy lifestyles are among the major driving factors, expected to fuel the growth of the Africa canned food market in the upcoming six years. Further, growing interest and investments by international players are further expected to trigger the market growth of the Africa canned food market in the near future.

Africa Canned food market is projected to gain popularity during the forecast period 2020-26F on the back of the rising use of coconut milk in jars and bottles since the freshly prepared coconut milk is a task for many chefs as it to use in distinctive African recipes like curry, sauces, and desserts this reflects a significant demand for the canned counterpart is high in the African country and simultaneously is expected to be of great sales recording numbers in the impending period. demand for the canned counterpart is high in the African country. Additionally, South Africa export canned packed sweet corn which is another driver contributing to the growth of the Africa Canned food market.

Increasing environmental concern owing to the non-biodegradability property of cans is restraining the growth of the market. Moreover, when the cans are exposed to biotic or abiotic factors, they tend to release harmful gases that further decline the growth of the industry. 

Africa canned food market is anticipated to gain popularity in the upcoming six years on the back of the rising growth of working women across the region. Further, the increase in the growth of the middle-class population especially in south Africa, Nigeria, and Kenya is leading to spent high on canned food Coupled canned food consist long shelf life which is more Convenience for the dual working family, therefore, is estimated to augment the demand for canned food and is expected to act as a catalyst for the growth of the Africa canned food market in the coming years. 

Market Analysis by Distribution Channel

On the basis of distribution channels, hypermarkets/supermarkets are expected to register the highest growth rate in the overall Africa canned food market during the projected period owing to ease of shopping along with discounts and better product offerings provided by hyper stores. Further, on the basis of types, canned meat and fish are anticipated to dominate the revenues in the overall Africa canned food market in the coming years owing to enhanced product offerings in the segment.

COVID-19 Impact on Africa Canned Food Market

The spread of COVID-19 is expected to hamper the growth of Africa Canned Food in the coming years owing to acute food shortage and supply chain disruptions due to complete lockdown and suspension of production activities during the lockdown period across the region. However, as the spread of the virus marks a slowdown, Africa's canned food market is expected to gain momentum in the latter part of the year 2020.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2016 to 2019.
• Base Year: 2019
• Forecast Data until 2026.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Africa Canned Food Market Overview
• Africa Canned Food Market Outlook
• Africa Canned Food Market Forecast
• Historical Data of Africa Canned Food Market Revenues & Volume for the Period 2016-2019
• Africa Canned Food Market Size and Africa Canned Food Market Forecast of Revenues & Volume, Until 2026
• Historical Data of Africa Canned Food Market Revenues & Volume, By Types, for the Period 2016-2019
• Market Size & Forecast of Africa Canned Food Market Revenues & Volume, By Types, Until 2026
• Historical Data of Africa Canned Food Market Revenues & Volume, By Product, for the Period 2016-2019
• Market Size & Forecast of Africa Canned Food Market Revenues & Volume, By Product, Until 2026
• Historical Data of Africa Canned Food Market Revenues & Volume, By Distribution Channels, for the Period 2016-2019
• Market Size & Forecast of Africa Canned Food Market Revenues & Volume, By Distribution Channels, Until 2026
• Historical Data of Nigeria Canned Food Market Revenues & Volume, for the Period 2016-2019
• Market Size & Forecast of Nigeria Canned Food Market Revenues & Volume, Until 2026
• Historical Data of Kenya Canned Food Market Revenues & Volume, for the Period 2016-2019
• Market Size & Forecast of Kenya Canned Food Market Revenues & Volume, Until 2026
• Historical Data of South Africa Canned Food Market Revenues & Volume, for the Period 2016-2019
• Market Size & Forecast of South Africa Canned Food Market Revenues & Volume, Until 2026
• Historical Data of rest of Africa Canned Food Market Revenues & Volume, for the Period 2016-2019
• Market Size & Forecast of rest of Africa Canned Food Market Revenues & Volume, Until 2026
• Market Drivers and Restraints
• Africa Canned Food Market Price Trends
• Africa Canned Food Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Africa Canned Food Market Share, By Players
• Africa Canned Food Market Share, By Regions
• Africa Canned Food Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The Africa Canned Food Market report provides a detailed analysis of the following market segments:

By Product

• Canned Meat and Seafood
• Canned Fruits and Vegetables
• Canned Ready Meals
• Others

By Type:

• Organic
• Conventional

By Distribution Channels:

• Hypermarkets/Supermarkets
• Online Retail Stores
• Convenience Stores
• Others

By Countries:

• Nigeria
• Kenya
• South Africa
• Rest of Africa

Africa Canned Food Market: FAQs