Canned Food Market Size, Share, Industry Trends and Forecast to 2033
This report provides a comprehensive analysis of the canned food market, covering market size forecasts, segmentation, regional insights, industry trends, and key players from 2023 to 2033.
Metric | Value |
---|---|
Study Period | 2023 - 2033 |
2023 Market Size | $100.00 Billion |
CAGR (2023-2033) | 5.2% |
2033 Market Size | $167.87 Billion |
Top Companies | SPC Ardmona, Del Monte Foods, Inc., Campbell Soup Company, B&G Foods, Dole Food Company |
Last Modified Date | 15 Nov 2024 |
Canned Food Market Report (2023 - 2033)
Canned Food Market Overview
What is the Market Size & CAGR of Canned Food market in 2023?
Canned Food Industry Analysis
Canned Food Market Segmentation and Scope
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Canned Food Market Analysis Report by Region
Europe Canned Food Market Report:
Europe's canned food market is positioned at $34.61 billion in 2023, with a forecasted growth to $58.10 billion by 2033. Key drivers include a health-conscious consumer base, a rising demand for gourmet canned options, and stringent food safety regulations fostering high-quality products.Asia Pacific Canned Food Market Report:
In 2023, the Asia Pacific canned food market is valued at $17.76 billion, estimated to grow to $29.81 billion by 2033. The growth is attributed to increasing urbanization, rising disposable incomes, and the growing preference for ready-to-eat meals, particularly among younger consumers.North America Canned Food Market Report:
North America holds a significant portion of the market, estimated at $34.06 billion in 2023 and projected to reach $57.17 billion by 2033. The region's growth is supported by busy lifestyles leading to increased demand for convenient meal solutions and a robust retail chain offering premium canned products.South America Canned Food Market Report:
The South American canned food market is valued at $7.13 billion in 2023, expected to rise to $11.97 billion by 2033. The region's growth is driven by a rich culinary tradition of preserved foods and an expanding retail network offering diverse canned options.Middle East & Africa Canned Food Market Report:
The Middle East and Africa market is currently worth $6.44 billion and is expected to grow to $10.81 billion by 2033. The increase is supported by changing dietary habits, population growth, and a developing retail infrastructure.Request a custom research report for industry.
Canned Food Market Analysis By Product
Global Canned Food Market, By Product Market Analysis (2023 - 2033)
In the product segment, canned vegetables dominate the market with a size of $61.01 billion in 2023, projected to grow to $102.41 billion by 2033. Canned fruits follow at $26.33 billion in 2023, expected to reach $44.20 billion. Canned meat and fish also contribute significantly, valued at $12.66 billion in 2023 with a forecasted increase to $21.25 billion.
Canned Food Market Analysis By Distribution Channel
Global Canned Food Market, By Distribution Channel Market Analysis (2023 - 2033)
For distribution channels, supermarkets currently account for $57.05 billion in 2023, growing to $95.77 billion. Online retail channels show significant growth potential from $20.89 billion in 2023 to $35.07 billion by 2033, illustrating the shift towards e-commerce and consumer convenience.
Canned Food Market Analysis By End User
Global Canned Food Market, By End-User Market Analysis (2023 - 2033)
Household consumers represent a large share, valued at $57.05 billion in 2023 and anticipated to hit $95.77 billion by 2033. The hospitality industry and food manufacturers also play a crucial role, with their markets valued at $10.80 billion and $11.26 billion, respectively, in 2023.
Canned Food Market Analysis By Packaging Type
Global Canned Food Market, By Packaging Type Market Analysis (2023 - 2033)
The packaging type analysis reveals tin cans dominate the market with a size of $61.01 billion in 2023, expected to grow to $102.41 billion. Glass jars and plastic containers are also notable, with forecasted increases from $26.33 billion to $44.20 billion and $12.66 billion to $21.25 billion, respectively.
Canned Food Market Trends and Future Forecast
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Global Market Leaders and Top Companies in Canned Food Industry
SPC Ardmona:
An Australian-based company known for its premium canned fruit and tomato products, SPC Ardmona has a strong commitment to sustainability and local sourcing.Del Monte Foods, Inc.:
A key player in the canned food market, Del Monte Foods is known for its innovative canned vegetable and fruit lines, focusing on health and quality.Campbell Soup Company:
A leading company with a diverse range of canned soups and quick meal solutions, Campbell promotes its strong heritage and commitment to quality.B&G Foods:
Recognized for a variety of canned goods brands, B&G Foods emphasizes broad distribution and innovation in packaging.Dole Food Company:
Specializing in canned fruits and vegetables, Dole focuses on global supply chain efficiency and sustainable practices.We're grateful to work with incredible clients.
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