The new report by Expert Market Research titled, ‘Global Canned Food Market Size, Share, Price, Trends, Growth, Report and Forecast 2022-2027’, gives an in-depth analysis of the global canned food market, assessing the market based on its segments like product type, type, distribution channel, and major regions like Asia Pacific, Europe, North America, Middle East and Africa and Latin America. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/canned-food-market/requestsample
The key highlights of the report include:
Market Overview (2017-2027)
• Historical Market Size (2021): USD 102.72 billion
• Forecast CAGR (2022-2027): 3.97%
• Forecast Market Size (2027): USD 129.75 billion
The growth of the global market for canned food is driven by the growing demand for the organic, clean labelled, hygienic, and ready-to-cook food. The increasing health awareness among young population is further anticipated to propel the demand for canned fruits, vegetables, and other products over the forecast period. Additionally, the market is further aided by the increasing demand from consumers for the ready-to-eat products and ready-to-cook products from emerging nations. The factors such as hectic lifestyle and increasing inclination of consumers towards consumption of convenience foods are anticipated to bolster the market growth over the forecast period.
Canned food refers to the food products which are preserved using the canning method for extending the shelf life of fresh products. Canned foods are increasingly used for food storages due to its cost effectiveness and durable nature. Moreover, canned foods enhance the convenience while providing same nutrition value as fresh food.
Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/canned-food-market
The major product types of canned food are:
• Canned Fruits and Vegetables
• Canned Meat and Seafood
• Canned Ready Meals
The market can be broadly categorised on the basis of its types into:
Based on distribution channels, the market is divided into:
• Convenience Stores
The regional markets for canned food include:
• North America
• Asia Pacific
• Latin America
• Middle East and Africa
During the forecast period, North America is expected to lead the global canned food market. This is due to a large consumer base for canned food, established supply chain infrastructure, the growing popularity of convenience foods, and the presence of important businesses in the region. Because of the huge demand for canned fruits, vegetables, and other marine foods, North America is expected to be followed by Europe. Meanwhile, due to reasons such as a huge population base, increasing urbanisation, and rising acceptability of canned food consumption, Asia Pacific is predicted to develop at the quickest rate in the future years.
Key Market Players
The major players in the market are ConAgra Brands, Inc., The Kraft Heinz Company, Nestle S.A., Del Monte Foods, Inc., Princes Foods, CHB Group and a few others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
Company Name: Claight Corporation
Contact Person: Sophia Grace, Business Consultant
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA