Global Canned Preserved Foods Market By Type ( Canned Meat, Canned Fish, Canned Fruits, Canned Vegetable ), By Application( Supermarket, Convenience Store, Online Stores ), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2023-2033
- 03 Jan 2023
The Global Canned Preserved Foods Market is expected to grow at 4.3% per year over 2023-2033. Canning is a method for preserving many food items. It involves canning food items in jars or cans and heating them to the right temperature. Fruits and vegetables are picked at their best and can be packed right away. Cans are a popular way to get food year-round in developed countries.
High heat is used to kill germs and inactivate enzymes. Some examples of canned preserved food products sold in specialty stores, supermarkets/hypermarkets, and online retail are canned fruits and vegetables, canned seafood, and canned meat. Canned Preserved Food is expected to grow due to increased consumption worldwide.
Increasing consumer inclination to organic and clean-label foods will drive market growth
Due to the health benefits that organic products offer, more people are choosing to use organic and clean-label brands. The market has seen a dramatic increase in organic and clean-label product consumption in many developing countries. The market has seen a rise in demand for chemical-free natural foods products, and the growing knowledge of the labels about these products has helped.
Organically grown produce, such as fruits and vegetables, is preferred by consumers. They are more nutritious than those grown in conventional settings. This is due to the increased availability and consumption of organic canned foods.
Canned Preserved Foods Market Scope:
By Type, the market is segmented into Canned Meat, Canned Fish, Canned Fruits, and Canned vegetables. By Application, the market is divided into supermarkets, Convenience Stores, and Online Stores.
Based on geography, the market is analyzed across North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. Major players profiled in the report include BRF S.A., Maple Leaf Foods Inc., Dole Food Company Inc., Campbell Soup Co., Pinnacle Foods Inc., B&G Food Holdings Corp., MTR Foods Pvt. Ltd., H.J. Heinz Co., DelMonte Pacific Ltd., and ConAgra Foods Inc.
Key Market Segments
Key Market Players included in the report:
Maple Leaf Foods Inc.
Dole Food Company Inc.
Campbell Soup Co.
Pinnacle Foods Inc.
B&G Food Holdings Corp.
MTR Foods Pvt. Ltd.
H.J. Heinz Co.
DelMonte Pacific Ltd.
ConAgra Foods Inc.
Canned Preserved Food Market Drivers:
Due to the availability of canneries, the widespread use of canned food items around the world:
Canning is an increasingly popular way to consume canned fish products. This is due to a large number of canneries in India and the availability of aquaculture raw materials. According to the Marine Products Export Development Authority, India exported 13.6 million metric tons of seafood in 2022. This figure is expected to rise by 12.6% by 2032. The market is also driven by rising demand for canned fish, which can be used in emerging countries. Canned preserved food is a key market in Europe due to its high consumption of canned foods.
Better Distribution Infrastructure:
The canned preserved food industry is growing due to the increasing popularity of ready-to-eat canned foods. Improvements in distribution infrastructure are responsible for this growth. Because of the increasing number of convenience stores, grocery shops, supermarkets, hypermarkets, and grocery stores, canned preserved food distribution has increased significantly.
According to Supermarket News, in February 2021 convenience stores were the main consumers of canned fish. However, the retail industry controlled 48% of the market. The increase in food services is also a sign that canned seafood sales are expanding through the food service channel. According to the U.S. Census Bureau, the number of chain restaurants in the US increased by 1.6% between 2021 and 2022. This increased distribution channel is driving market expansion.
Canned Preserved Food Market Challenge:
High sodium concentrations in canned food can lead to hypertension
To preserve food, most canned foods have sodium added by manufacturers. It is also added to enhance flavor. Commercial canned soups can be heated for extended periods of time at high temperatures to kill potentially harmful bacteria. This can cause some of the natural flavors to disappear. The Centers for Disease Control (CDC) reports that 47% of Americans, or 116,000,000 people, have high blood pressure.
This is also known as hypertension. In 2020, hypertension was responsible for more than 670,000 deaths in the United States. Hypertension is a condition that affects only 25% of the population. Market growth is being hampered by the high sodium content of canned foods.
Important Canned Preserved Foods Trend:
The market’s main trend is packaging-related innovations. With a growing demand for chemical-free canned food, manufacturers are investing in innovations in packaging. Conagra Brands, The Hain Celestial Group Inc. (Hain Celestial), have begun offering products in BPA-free containers. These brands offer a selection of canned foods in BPA-free containers. The cans are usually coated with polyester-based substances.
New technologies have emerged to replace BPA-containing cans. Soy-PK Reactive Oligomer Cross Linker, a new coating technology for cans, is able to replace BPA. It was developed by Ohio Soybean Council researchers. This new technology uses a soy-based resin to protect food products, particularly those that are acidic, from corrosion in aluminum cans and steel cans. These innovations may help manufacturers adapt to regulations. These innovations will be a big trend as a result of the increasing stringency in regulations and growing concerns about consumer health.
Ye Olde Oak Foods Ltd., a canned hot dog and meat brand, launched its new online website in May 2020 with digital marketing agency Fablr Ltd. This new site will allow them to showcase their products and have a vibrant online presence.
Napolina, an Italian brand of cooking, launched canned drained quinoa in April 2020 as part of its new convenience food range. Other products include chickpeas and red kidney beans.
Table Of Content
1. Canned Preserved Foods Market Introduction
1.3. Research Scope
2. Executive Summary
2.1. Key Findings by Major Segments
2.2. Top strategies by Major Players
3. Global Canned Preserved Foods Market Overview
3.1. Canned Preserved Foods Market Dynamics
3.2. PESTLE Analysis
3.3. Opportunity Map Analysis
3.4. PORTER’S Five Forces Analysis
3.5. Market Competition Scenario Analysis
3.6. Product Life Cycle Analysis
3.7. Opportunity Orbits
3.8. Production Analysis by Region/Company
3.9. Industry chain Analysis
3.10. Marketing Strategy
4. Global Canned Preserved Foods Market Value & Volume ((US$ Mn & ‘000 Units)), Share (%), and Growth Rate (%) Comparison by Type, 2012-2028
4.1. Global Canned Preserved Foods Market Analysis by Type: Introduction
4.2. Market Size and Forecast by Region
4.3. Canned Meat
4.4. Canned Fish
4.5. Canned Fruits
4.6. Canned Vegetable
5. Global Canned Preserved Foods Market Value & Volume ((US$ Mn & ‘000 Units)), Share (%), and Growth Rate (%) Comparison by Application, 2012-2028
5.1. Global Canned Preserved Foods Market Analysis by Application: Introduction
5.2. Market Size and Forecast by Region
5.4. Convenience Store
5.5. Online Stores
6. Global Canned Preserved Foods Market Value & Volume ((US$ Mn & ‘000 Units)), Share (%), and Growth Rate (%) Comparison by Region, 2012-2028
6.1. North America
6.1.1. North America Canned Preserved Foods Market: Regional Trend Analysis
6.2.1. Europe Canned Preserved Foods Market: Regional Trend Analysis
18.104.22.168. Rest of Europe
6.3.1. Asia-Pacific Canned Preserved Foods Market: Regional Trend Analysis
22.214.171.124. Rest of Asia-Pacific
6.4. Latin America
6.4.1. Latin America Canned Preserved Foods Market: Regional Trend Analysis
126.96.36.199. Rest of Latin America
6.5. Middle East and Africa
6.5.1. Middle East and Africa Canned Preserved Foods Market: Regional Trend Analysis
188.8.131.52. South Africa
184.108.40.206. Rest of MEA
7. Global Canned Preserved Foods Market Competitive Landscape, Market Share Analysis, and Company Profiles
7.1. Market Share Analysis
7.2. Company Profiles
7.3. BRF S.A.
7.3.1. Company Overview
7.3.2. Financial Highlights
7.3.3. Product Portfolio
7.3.4. SWOT Analysis
7.3.5. Key Strategies and Developments
7.4. Maple Leaf Foods Inc.
7.4.1. Company Overview
7.4.2. Financial Highlights
7.4.3. Product Portfolio
7.4.4. SWOT Analysis
7.4.5. Key Strategies and Developments
7.5. Dole Food Company Inc.
7.5.1. Company Overview
7.5.2. Financial Highlights
7.5.3. Product Portfolio
7.5.4. SWOT Analysis
7.5.5. Key Strategies and Developments
7.6. Campbell Soup Co.
7.6.1. Company Overview
7.6.2. Financial Highlights
7.6.3. Product Portfolio
7.6.4. SWOT Analysis
7.6.5. Key Strategies and Developments
7.7. Pinnacle Foods Inc.
7.7.1. Company Overview
7.7.2. Financial Highlights
7.7.3. Product Portfolio
7.7.4. SWOT Analysis
7.7.5. Key Strategies and Developments
7.8. B&G Food Holdings Corp.
7.8.1. Company Overview
7.8.2. Financial Highlights
7.8.3. Product Portfolio
7.8.4. SWOT Analysis
7.8.5. Key Strategies and Developments
7.9. MTR Foods Pvt. Ltd.
7.9.1. Company Overview
7.9.2. Financial Highlights
7.9.3. Product Portfolio
7.9.4. SWOT Analysis
7.9.5. Key Strategies and Developments
7.10. H.J. Heinz Co.
7.10.1. Company Overview
7.10.2. Financial Highlights
7.10.3. Product Portfolio
7.10.4. SWOT Analysis
7.10.5. Key Strategies and Developments
7.11. DelMonte Pacific Ltd.
7.11.1. Company Overview
7.11.2. Financial Highlights
7.11.3. Product Portfolio
7.11.4. SWOT Analysis
7.11.5. Key Strategies and Developments
7.12. ConAgra Foods Inc.
7.12.1. Company Overview
7.12.2. Financial Highlights
7.12.3. Product Portfolio
7.12.4. SWOT Analysis
7.12.5. Key Strategies and Developments
8. Assumptions and Acronyms
9. Research Methodology
Inquiry Before Buying