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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Canned Food Market Size
The global canned food market attained a value of about USD 111.04 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 4% to reach nearly USD 157.63 billion by 2032.
Canned Food Market Outlook
- Canned foods are the most recycled food package, with a recycling rate more than 2.5 times higher than most other packaging options.
- Canned fruits and vegetables have similar nutrient levels to fresh and frozen options, and in some cases are even more nutritious.
- Major players in the market include Campbell's, Del Monte, and Nestlé.
Canned Food Market Report Snapshots
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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Key Questions Answered in the Report
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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