The global market for Canned Foods is estimated at US$130.0 Billion in 2023 and is projected to reach US$182.4 Billion by 2030, growing at a CAGR of 4.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the canned foods market is driven by several factors, including global urbanization, increased consumer awareness about waste reduction, and advancements in packaging technologies. Urban lifestyles often involve hectic schedules, leading consumers to seek convenient, quick meal solutions that do not require long preparation times - attributes that canned foods inherently possess. Furthermore, as awareness of environmental issues grows, more consumers are choosing canned foods due to their longer shelf life, which helps reduce food waste. Technological advancements in packaging, such as lightweight and recyclable materials, have made canned products more attractive by reducing the environmental impact and improving sustainability credentials. Additionally, economic factors such as rising disposable incomes in emerging markets are enabling more consumers to opt for the convenience of canned foods, thereby driving market expansion.
The growth in the canned foods market is driven by several factors, including global urbanization, increased consumer awareness about waste reduction, and advancements in packaging technologies. Urban lifestyles often involve hectic schedules, leading consumers to seek convenient, quick meal solutions that do not require long preparation times - attributes that canned foods inherently possess. Furthermore, as awareness of environmental issues grows, more consumers are choosing canned foods due to their longer shelf life, which helps reduce food waste. Technological advancements in packaging, such as lightweight and recyclable materials, have made canned products more attractive by reducing the environmental impact and improving sustainability credentials. Additionally, economic factors such as rising disposable incomes in emerging markets are enabling more consumers to opt for the convenience of canned foods, thereby driving market expansion.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Canned Fish & Seafood segment, which is expected to reach US$58.6 Billion by 2030 with a CAGR of a 5.1%. The Canned Ready Meals segment is also set to grow at 5.4% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $37.7 Billion in 2023, and China, forecasted to grow at an impressive 5.9% CAGR to reach $22.8 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Canned Foods Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Canned Foods Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Canned Foods Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Aurora Importing & Distributing Ltd, B&G Foods, Inc., Apluvia Cooking Srl, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 167 Featured):
- Aurora Importing & Distributing Ltd
- B&G Foods, Inc.
- Apluvia Cooking Srl
- Adinath Agro Procebed Foods Pvt Limited
- Agram S.A.
- A.B.W Foods Australia Pty Limited
- Amanda Seafoods A/S
- ARA Trading Ltd.
- Acroyali Jade Food Co., Ltd.
- Annie`s Farm Co., Ltd.
- Aconcagua Foods S.A.
- 4 Pines Beer
- Anacapri Foods, Inc.
- Anna`s Country Kitchen Limited
- American Restaurant Marketing Group, Inc.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- Aurora Importing & Distributing Ltd
- B&G Foods, Inc.
- Apluvia Cooking Srl
- Adinath Agro Procebed Foods Pvt Limited
- Agram S.A.
- A.B.W Foods Australia Pty Limited
- Amanda Seafoods A/S
- ARA Trading Ltd.
- Acroyali Jade Food Co., Ltd.
- Annie`s Farm Co., Ltd.
- Aconcagua Foods S.A.
- 4 Pines Beer
- Anacapri Foods, Inc.
- Anna`s Country Kitchen Limited
- American Restaurant Marketing Group, Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 518 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 130 Billion |
| Forecasted Market Value ( USD | $ 182.4 Billion |
| Compound Annual Growth Rate | 4.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
