Canned Food Production in China - Industry Market Research Report

The Canned Food Production industry in China has fluctuated over the five years through 2023. Increased working hours and busy lifestyles have led to increased demand for canned and bottled food. However, China's canning market gradually entered the period of industrial structure adjustment restrained market demand in recent years. Domestic demand alone has been decreasing an annualized 2.8% over the five years to 2023, to an estimated $19.5 billion. Industry revenue is expected to increase an annualized 1.0% to reach $33.6 billion in 2023. Revenue growth largely fluctuated in the five-year period and has slowed since 2018. Industry revenue is expected to grow 3.5% in the current year. Businesses in the Canned Food Production industry in China process raw food materials into canned, bottled and preserved foods. The main production methods include processing, sorting, shaping, cooking, filling, sealing, sterilizing, and cooling (or aseptic packaging). The products within this industry include canned food in rigid containers, like tin or glass, and food in flexible packages. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.