DUBLIN--(BUSINESS WIRE)--The "Global Canned Food Market, By Product Type, By Distribution Channel, By Type, Estimation & Forecast, 2017 - 2030" report has been added to ResearchAndMarkets.com's offering.
The global canned food market held a market value of USD 100,887.9 Million in 2021 and is projected to reach USD 146,720.8 Million by the year 2030. The market is anticipated to grow at a CAGR of 4.2% from 2022 to 2030.
Companies Mentioned
- Campbell Soup Company
- Ayam Sarl
- Danish Crown
- CHB Group
- JBS
- Conagra Brands, Inc.
- The Kraft Heinz Company
- Del Monte Foods, Inc
- Princes Foods
- Nestle S.A.
Canned foods are foods which are preserved using the process of canning. The market is expected to be driven by the increasing demand from emerging markets, rising awareness among consumers, and growth in organized retailing are also estimated to fuel the market growth. Inclination of consumers for consuming food which are conveniently available, are expected to provide lucrative opportunities for the market growth.
Despite the driving factors, food contamination & disease and growing health awareness regarding preservatives & chemicals are anticipated to hinder the market growth. During the COVID-19 pandemic, the market was negatively impacted due to global lockdowns and lessened availability of food products. These lockdowns also increased the product prices, which decreased consumer's bargaining power. Hence, the pandemic resulted in declining revenues.
Growth Influencers:
Growing awareness among consumers
Canned food help in preserving nutrients, just like the fresh foods. Studies have found that the amount of proteins, carbohydrates, and fats, among other nutrients in canned food products relatively remain same. Furthermore, some of the canned food products contain more minerals and vitamins, as compared to the fresh products. These products also have longer shelf lives and are also ready to eat as well as easy to use while meal preparation. Awareness regarding benefits of canned food among consumers are expected to fuel the market growth.
The global Canned food market report answers questions such as:
- What is the market size and forecast of the Global Canned food Market?
- What are the inhibiting factors and impact of COVID-19 on the Global Canned food Market during the assessment period?
- Which are the products/segments/applications/areas to invest in over the assessment period in the Global Canned food Market?
- What is the competitive strategic window for opportunities in the Global Canned food Market?
- What are the technology trends and regulatory frameworks in the Global Canned food Market?
- What is the market share of the leading players in the Global Canned food Market?
- What modes and strategic moves are considered favorable for entering the Global Canned food Market?
Key Topics Covered:
Chapter 1. Research Frameworks
Chapter 2. Executive Summary: Global Canned Food Market
Chapter 3. Global Canned Food Market Overview
3.1. Industry Value Chain Analysis
3.2. PESTLE Analysis
3.3. Porter's Five Forces Analysis
3.3.1. Bargaining Power of Suppliers
3.3.2. Bargaining Power of Buyers
3.3.3. Threat of Substitutes
3.3.4. Threat of New Entrants
3.3.5. Degree of Competition
3.4. Market Dynamics and Trends
3.4.1. Growth Drivers
3.4.2. Restraints
3.4.3. Challenges
3.4.4. Key Trends
3.5. Covid-19 Impact Assessment on Market Growth Trend
3.6. Market Growth and Outlook
3.6.1. Market Revenue Estimates and Forecast (US$ Mn), 2017-2030
3.7. Competition Dashboard
3.7.1. Market Concentration Rate
3.7.2. Company Market Share Analysis (Value %), 2020
3.7.3. Competitor Mapping
Chapter 4. Global Canned Food Market Analysis, By Product Type
Chapter 5. Global Canned Food Market Analysis, By Distribution Channel
Chapter 6. Global Canned Food Market Analysis, By Type
Chapter 7. Global Canned Food Market Analysis, By Region/ Country
Chapter 8. North America Canned Food Market Analysis
Chapter 9. Europe Canned Food Market Analysis
Chapter 10. Asia Pacific Canned Food Market Analysis
Chapter 11. Middle East & Africa Canned Food Market Analysis
Chapter 12. South America Canned Food Market Analysis
Chapter 13. Company Profile (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Business Strategy Outlook)
For more information about this report visit https://www.researchandmarkets.com/r/l6qdz0
