India Canned Food Market (2020-2026) | companies, Size, Share, Industry, Analysis, Forecast, Revenue, Growth, Outlook & COVID-19 IMPACT

Latest 2023 Development of India Canned Food Market

India Canned Food Market is forecast to grow significantly with a wide range of products available in the market. The major factor driving the growth of the market is the increasing number of working professionals. These consumers are looking for convenience food options and easy-to-prepare food. However, the negative perception of canned food being unhealthy and the lack of awareness about the benefits of canned food hinders the growth of this market. To overcome these challenges, companies are focusing on introducing healthier and more nutritious canned food products and educating consumers about the benefits of canned food.

The market for canned food is growing promptly and is expected to continue to do so in years to come on account of increasing demand for convenient and easy-to-prepare food options. Moreover. with a growing economy and rising income levels, consumers in India have more disposable income to spend on convenience food products. The trend of urbanization has led to an increase in demand for ready-to-eat meals, which has driven the canned food market growth. Furthermore, the busy lifestyle of people in urban areas has increased the demand for easy-to-prepare food which has resulted in an augmented market share. The growth of the tourism industry in India has led to an increase in demand for canned food products in restaurants, hotels, and other food service establishments.

India Canned Food Market Synopsis

India Canned Food market is expected to register growth during the forecast period 2020-26F owing to the rising middle-class population coupled with the increasing preference of consumers towards buying premium food staples. However, the spread of the COVID-19 virus is likely to contribute towards the slow growth of the Canned Food industry in the country on the back of a decline in consumer spending in the near term and a complete lockdown across the country which would restrain the growth of India Canned Food market during 2020. However, owing to rising health and hygiene concerns, canned food is anticipated to register substantial sales volume during and in the later part of 2020 on the back of the shelf-piling of dry food in the country.

According to 6Wresearch, India Canned Food Market is anticipated to witness growth during the forecast period 2020-2026F. Factors such as the rising number of working women, higher costs of hiring domestic help, and the need for convenient cooking are further expected to trigger India's canned food market growth in the coming years. Also, several canned food brands are initiating efforts to cater to changing consumer habits along with the introduction of nutritiously valuable and affordable canned food products which would further boost the market demand for canned food in India in the upcoming six years.

On the basis of distribution channels, hypermarkets/supermarkets are expected to register the highest growth in the overall India canned food market during the forecast period 2020-26F owing to changing consumer behaviour towards premium store shopping coupled with easy and convenient shopping methods provided by hypermarkets and supermarkets. Also, online retailers are anticipated to be the second-highest growth-achieving domain of the India canned food market owing to increasing penetration of e-commerce coupled with rising interest towards online shopping along with ease of delivery provided by the online vendors.

The India Canned Food report thoroughly covers the market by Types, Products, and Distribution Channels. India Canned Food outlook report provides an unbiased and detailed analysis of the ongoing India Canned Food 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.

Key Highlights of the Report:

• India Canned Food Market Overview
• India Canned Food Market Outlook
• India Canned Food Market Forecast
• India Canned Food Market Size and India Canned Food Market Forecast until 2025
• India Canned Food Market Share, By Types
• India Canned Food Market Share, By Product
• India Canned Food Market Share, By Distribution Channels
• India Canned Food Market Share, By Region
• Historical Data of India Canned Food Market Revenues and Volume for the period, 2015-2018
• Market size and Forecast of India Canned Food Market Revenues and Volume until 2025
• Historical Data of India Canned Food Market Revenues and Volume, By Types, for the Period 2015-2018
• Market size and Forecast of India Canned Food Market Revenues and Volume, By Types, until 2025
• Historical Data of India Canned Food Market Revenues and Volume, By Product, for the Period 2015-2018
• Market size and Forecast of India Canned Food Market Revenues and Volume, By Product, until 2025
• Historical Data of India Canned Food Market Revenues and Volume, By Distribution Channels, for the Period 2015-2018
• Market size and Forecast of India Canned Food Market Revenues and Volume, By Distribution Channels, until 2025
• Historical Data of India Canned Food Market Revenues and Volume, By Region, for the Period 2015-2018
• Market size and Forecast of India Canned Food Market Revenues and Volume, By Region, until 2025
• India Canned Food Market Drivers and Restraints
• India Canned Food Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis
• India Canned Food Market Opportunity Assessment
• India Canned Food Market Revenue Share, By Company
• India Canned Food Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Markets Covered

The India 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

India Canned Food Market: FAQs