Global Canned Food Market (2020-2026) | companies, industry, Size, Share, Revenue, Forecast, Trends, Analysis, Growth, Value, Outlook & COVID-19 IMPACT

Latest 2023 Developments of the Global Canned Food Market

The Global Canned Food Market has been accomplishing growth owing to many factors as well as the latest developments going on in the market. Consumers across the world are becoming health-conscious and they look for healthier alternatives in canned food, and as a result, a number of players introduce products with less sugar, less sodium and fewer preservatives, and it is stimulating the Global Canned Food Market Share. There is a rising concern for environmental protection, and players in the market are using sustainable packaging materials like recycled materials in order to decrease their environmental impact.

With the increase in popularity of plant-based diets, a number of canned food companies introduce plant-based alternatives. Such products cater to vegans, vegetarians, and consumers look in order to decrease their meat intake. Some canned food players introduce premium offerings with high-quality ingredients like organic as well as non-GMO ingredients in order to cater to consumers' desire to pay for high-quality products, and it is aiding in the growth of the Global Canned Food Industry.

All these developments are going on in the market and they are allowing the market to grow faster. The sector is ready to achieve more growth in the near future.

Topics Covered in The Global Canned Food Market Report

Global Canned Food market report thoroughly covers the market by types, distribution channels, and Regions including North America, Latin America, Europe, the Middle East, Africa, and Asia Pacific. The Canned Food market outlook report provides an unbiased and detailed analysis of the ongoing 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.

Global Canned Food Market Synopsis

The global canned food market is expected to grow during the forecast period on the back of the growing consumption of packed food and beverages owing to their convenience. The growing working population coupled with a busy lifestyle is driving the Canned Food Market Growth. Moreover, rising penetration towards extending the shelf life of food is also adding to the development of the market. As indicated by the ongoing assessments of FAO, China and Korea were the biggest merchants of crab meat, after the United States, in 2017. The outbreak of the COVID-19 pandemic in the world has increased the demand for the global canned food market.

According to 6Wresearch, Global Canned Food Market is anticipated to witness growth during the forecast period 2020-2026. The rise in disposable income in emerging economies such as China, India, and Brazil has led to increased expenditure on time-saving and labour-saving canned food products. Redefinition of sexual orientation jobs in families, with additional working ladies in the business, further enhancements the demand for microwavable foods. However, a few of the factors restraining the market include the dependence of the market on raw materials for packaging purposes or region-specific bans or limitations.

The global canned food market is projected to secure tremendous growth in the years ahead with the growing consumption of canned seafood, especially in the Europe region due to its long shelf life and convenient food.  Additionally, the covid 19 outbreak has no doubt is leaving a positive impact by generating high product sales in the market owing to the increased awareness and health concerns where canned food attributed as fresh and more hygienic compared to local food is estimated to bring in lucrative opportunities for them to be investors and is estimated to bolster the growth of the global canned food market in the coming timeframe.

Market Analysis By Region

Based on the region, Europe was the prominent market in 2018 and represented the maximum share of the worldwide canned food market. This is ascribed to the increase in the utilization of canned food items in most of the European nations including Germany, France, Italy, and the UK. Purchasers in this area are pulled in by canned food items with new flavors, surfaces, and higher dietary benefits, which prompts the canned food showcase development of the market in the district. The Asia-Pacific region is the fastest-growing region in the global market of canned foods, especially canned meat, fish/seafood, and fruits.

Market Analysis By Product Type

Based on product type, the canned meat & seafood segment accounted for the maximum share in the global market in 2018. Canned meat & seafood has been the most preferred choice of canned food among consumers due to the growing demand for meat and seafood products globally, coupled with a rise in demand for high-protein foods in the market.

Canned Food Consumption by Countries

United States: The United States is among the leading consumers of canned food across the globe, with a large variety of canned goods available in grocery stores and supermarkets.

Japan: In Japan, canned food is a very common staple owing to the nation’s high population density as well as limited space for farming. Meat, canned fish, and vegetables are commonly consumed in the country.

United Kingdom: Canned food is very popular in the UK, especially canned beans, soup, and vegetables. Numerous British households keep a supply of canned goods in their pantry for convenience as well as a backup option.

Spain: In Spain, canned food is a crucial part of the nation's cuisine, with canned vegetables, fish and seafood being popular. In the nation, canned goods are often used in conventional Spanish dishes, like paella.

Key Highlights of The Reports

• Global Canned Food Market Outlook
• Global Canned Food Market Overview
• Global Canned Food Market Forecast
• Historical Data for the period 2016-2019 and Market Forecast of Global Canned Food Market Revenues until 2026
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Types
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Distribution Channels
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Regions
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for North America Canned Food Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Latin America Canned Food Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Europe Canned Food Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for the Middle East Canned Food Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Africa Canned Food Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for the Asia Pacific Canned Food Market
• Market Drivers and Restraints
• Global Canned Food Market Trends
• Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• North America Paint Rollers Market Share, By Players
• Competitive Benchmarking

Markets Covered

The report provides a detailed analysis of the following market segments:

By Types:

• Pet Food
• Meat
• Seafood
• Convenience Foods
• Fruits & Vegetables
• Sports & Energy Drinks
• Alcoholic Drinks
• Others

By Distribution Channels:

• Supermarkets
• Hypermarkets
• Independent Retailers
• Convenience Stores
• Specialist Retailers
• Others

By Regions:

• North America
• Latin America
• Europe
• Africa
• Middle East
• Asia Pacific

Global Canned Food Market: FAQs