The popularity of lamb has Increased, as meat is predicted to Increase demand for the canned lamb industry. This is Increasing demand for canned lamb products, as people seek easy and convenient ways to cook and prepare lamb. For instance, according to the Organization for Economic Cooperation and Development (OECD), the global consumption of lamb meat has Increased from 15.07K thousand tonnes in 2018 to 15.97K thousand tonnes in 2022. Some of the reasons for lamb meat's popularity Include its health benefits and dis Inct flavor. Such an Increase in lamb meat intake due to its benefits is likely to drive market demand even more.
The World Health Organization has classified processed meat as Group 1 carcinogenic which means there is con Incing evidence available that proves that consumption of processed meat can cause colorectal cancer. There is certain chemical such as haem present in red meat. Haem is further responsible for creating N-nitroso chemicals that are proven to damage the cells that line the bowel, causing bowel cancer. As a result, eating more than 700 grams of processed beef every week raises the risk of cancer. Rising consumer knowledge, rising health consciousness, and expanding demand for healthy food products are just a few of the variables that may encourage the health-conscious population to shun canned lamb intake. As a result, the carcinogenic qualities of processed meat may impede the worldwide canned lamb market's expansion throughout the forecast period.
The growing global desire for organic meat is projected to be the next trend in the canned lamb market. The global population's growing health consciousness and awareness of healthy eating practises is driving people to choose organic food items. Organic food assures that it is devoid of chemicals. Organic meat means that no growth hormones, medicines, or other additives were fed to the livestock. Animal feed must be grown in accordance with organic standards. There will be no use of chemical pesticides or fertilizers on feed crops or grasses grown to feed livestock animals. These guidelines ensure that organic beef is produced. Furthermore, demand for organic beef is Increasing in established areas such as Europe and North America as a result of improved consumer knowledge, adoption of healthy eating habits, and Increased health consciousness among the population. As a result, the use of organic beef in processed meat processing is projected to gain popularity in developed markets.
The canned lamb market is segmented on the basis of end-user, distribution channel, and region. On the basis of end-user, the canned lamb market is further segmented into human and animal. The animal segment is further segmented into dog and cat. On the basis of distribution channel, supermarkets/hypermarkets, convenience stores, independent retailers, and online. Region-wise the market is segmented into North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Russia, Spain, and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Singapore, and Rest of Asia-Pacific), and LAMEA (Brazil, Argentina, South Africa, Egypt, and Rest of LAMEA).
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the canned lamb market analysis from 2022 to 2032 to identify the prevailing canned lamb market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the canned lamb market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report Includes the analysis of the regional as well as global canned lamb market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By End-User
- Human
- Animal
- Sub Segment
- Dog
- Cat
By Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Independent Retailers
- Online
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Russia
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Argentina
- South Africa
- Egypt
- Rest of LAMEA
Key Market Players
- Calibra
- Earth Paws Private Limited
- Evangers Dog & Cat Food Company, Inc
- Fortan GmbH & Co. KG.
- FountainVest
- Fromm Family Foods, LLC.
- Hound & Gatos
- LemonSalt
- Leos Pet Her Hakk Sakldr
- MREdepot.com
- Muhubrands.com
- SmartHeart Malaysia
- Stahly Quality Foods
- Treats Unleashed
- Wellness Pet Company, Inc.
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Table of Contents
Executive Summary
According to a new report, titled, 'Canned Lamb Market,' The canned lamb market was valued at $1.6 billion in 2022, and is estimated to reach $2.4 billion by 2032, growing at a CAGR of 4.1% from 2023 to 2032.Canned lamb is meat that has been cooked, salted, and canned. To guarantee that the products are sterilized and suitable for long-term preservation, prepared lamb meat is often placed in a container with all other ingredients or spice flavorings before sealing and boiling at high temperatures. Cannellini is widely used as a convenience and shelf-stable protein source in locations where fresh lamb is not readily available, or as an emergency food supply. They are simple to utilize in a variety of meals, including stews, soups, sandwiches, and casseroles. Nonetheless, the texture and flavor of canned lamb do not appear to be particularly appealing to many individuals.
The popularity of lamb has increased, as meat is predicted to increase demand for the canned lamb industry. This is increasing demand for canned lamb products, as people seek easy and convenient ways to cook and prepare lamb. For instance, according to the Organization for Economic Cooperation and Development (OECD), the global consumption of lamb meat has increased from 15.07K thousand tonnes in 2018 to 15.97K thousand tonnes in 2022. Some of the reasons for lamb meat's popularity include its health benefits and distinct flavor. Such an increase in lamb meat intake due to its benefits is likely to drive market demand even more.
The World Health Organization has classified processed meat as Group 1 carcinogenic which means there is convincing evidence available that proves that consumption of processed meat can cause colorectal cancer. There is certain chemical such as haem present in red meat. Haem is further responsible for creating N-nitroso chemicals that are proven to damage the cells that line the bowel, causing bowel cancer. As a result, eating more than 700 grams of processed beef every week raises the risk of cancer. Rising consumer knowledge, rising health consciousness, and expanding demand for healthy food products are just a few of the variables that may encourage the health-conscious population to shun canned lamb intake. As a result, the carcinogenic qualities of processed meat may impede the worldwide canned lamb market's expansion throughout the forecast period.
The growing global desire for organic meat is projected to be the next trend in the canned lamb market. The global population's growing health consciousness and awareness of healthy eating practices are driving people to choose organic food items. Organic food ensures that it is devoid of chemicals. Organic meat means that no growth hormones, medicines, or other additives were fed to the livestock. Animal feed must be grown in accordance with organic standards. There will be no use of chemical pesticides or fertilizers on feed crops or grasses grown to feed livestock animals. These guidelines ensure that organic beef is produced. Furthermore, demand for organic beef is increasing in established areas such as Europe and North America as a result of improved consumer knowledge, adoption of healthy eating habits, and increased health consciousness among the population. As a result, the use of organic beef in processed meat processing is projected to gain popularity in developed markets.
The canned lamb market is segmented on the basis of end-user, distribution channel, and region. On the basis of end-user, the canned lamb market is further segmented into human and animal. The animal segment is further segmented into dog and cat. On the basis of distribution channel, supermarkets/hypermarkets, convenience stores, independent retailers, and online. Region-wise the market is segmented into North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Russia, Spain, and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Singapore, and Rest of Asia-Pacific), and LAMEA (Brazil, Argentina, South Africa, Egypt, and Rest of LAMEA).
- On the basis of end-user, the market is segmented into human and animal. The animal segment is expected to grow at the highest CAGR during the forecast period owing to its various advantages for animals as it is a great source of iron, is a great source of protein, and contains omega-3 fatty acids. Moreover, it is made with the correct amount of dietary fat and zinc to boost your dog's immune system. Additionally, the rising pet humanization rate is also expected to boost the growth of the segment as pet owners are treating pets as family members and want the best for the pet.
- On the basis of distribution channel, supermarkets/hypermarkets, convenience stores, independent retailers, and online. The online segment is expected to grow at a significant rate owing to various advantages being provided by it such as convenience, a wide range of products, and competitive pricing. Furthermore, it saves time and provides reviews from consumers which helps in the selection of the best product. Furthermore, the rising penetration of the internet coupled with the rising number of smartphone users is expected to further boost the growth of the segment.
- On the basis of the region, the market is further segmented into North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Russia, Spain, and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Singapore, and Rest of Asia-Pacific), and LAMEA (Brazil, Argentina, South Africa, Egypt, and Rest of LAMEA). Asia-Pacific is expected to grow at the highest CAGR during the forecast period owing to rapid industrial expansion that is being accompanied by an increase in consumers' hectic lifestyles. Furthermore, the employment rate of women in the country is increasing quicker, resulting in increased demand for handy items. Furthermore, increased pet adoption is projected to drive the market.
Key findings of the study
- By end user, the animal segment was the highest revenue contributor to the market, with $1,003.2 million in 2022, and is estimated to reach $1,550.2 million by 2032, with a CAGR of 4.5%.
- By distribution channel, the supermarkets and hypermarkets segment was the highest revenue contributor to the market, with $683.1 million in 2022, and is estimated to reach $974.9 million by 2032, with a CAGR of 3.7%.
- By region, North America was the highest revenue contributor, accounting for $610.7 million in 2022, and is estimated to reach $842.8 million by 2032, with a CAGR of 3.3%.
Companies Mentioned
- Calibra
- Earth Paws Private Limited
- Evangers Dog & Cat Food Company, Inc
- Fortan GmbH & Co. KG.
- FountainVest
- Fromm Family Foods, LLC.
- Hound & Gatos
- LemonSalt
- Leos Pet Her Hakk Sakldr
- MREdepot.com
- Muhubrands.com
- SmartHeart Malaysia
- Stahly Quality Foods
- Treats Unleashed
- Wellness Pet Company, Inc.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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