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Market players are expanding their online and e-commerce presence to capitalise on the rise in online food delivery and the shift towards ready-to-eat canned meals
ConAgra Brands, Inc. is a leading food company that operates in the Nebraska, United States and internationally. Founded in 1919, the company offers a diverse portfolio of consumer and commercial food brands, including Marie Callender's, Healthy Choice, and Orville Redenbacher's.
The Kraft Heinz Company is a multinational food and beverage corporation formed by the merger of Kraft Foods Group and H.J. Heinz Holding Corporation in 2015. The company is headquartered in Illinois and Pennsylvania, United States. It has a portfolio of well-known brands such as Kraft, Heinz, and Oscar Mayer.
Nestle S.A. is a multinational food and beverage corporation that operates globally. Founded in 1866, its headquarters are in Vaud, Switzerland. The company is one of the largest food companies in the world, with a diverse portfolio of brands including Nescafe, Gerber, and Purina.
Del Monte Foods, Inc. is a leading producer of consumer and commercial food products. Founded in 1886, its headquarters are in California, United States. The company's portfolio includes brands such as Del Monte, Contadina, and College Inn, among others.
Other key players in the global canned food market include Princes Foods, and CHB Group, among others.
Canned Food Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the canned food market reached an approximate value of USD 111.04 billion.
The market is expected to grow at a CAGR of 4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to USD 157.63 billion by 2032.
The major drivers of the market include the growing health-consciousness, the increasing use of canned food in the foodservice industry, and the rising demand for non-perishable food.
Key trends aiding market expansion include the increasing focus to reduce food wastage, the rising use of eco-friendly packaging materials for canned food, and the surging availability of clean-label food products.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The different product types of canned food considered in the market are canned fruits and vegetables, canned meat and seafood, and canned ready meals, among others.
The various types of canned food are organic and conventional.
The significant distribution channels in the market are supermarket/hypermarket, convenience stores, and e-commerce, among others.
Key players in the market are ConAgra Brands, Inc., The Kraft Heinz Company, Nestle S.A., Del Monte Foods, Inc., Princes Foods, and CHB Group, among others.
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