The canned food market is expected to grow by USD 19.52 billion, progressing at a CAGR of almost 4% during the forecast period.
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Technavio has announced its latest market research report titled Global Canned Food Market 2020-2024 (Graphic: Business Wire)
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The new product launches is one of the major factors propelling market growth. However, factors such as product recalls will hamper the market growth.
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Canned Food Market: Product Landscape
Factors such as the increased demand for canned fish and seafood products in countries such as China, India, and Brazil and a substantial rise in the population will contribute to the growth of this industry segment. Market growth in this segment will be faster than the growth of the market in the canned vegetables, canned meat, and canned ready meals segment.
Canned Food Market: Geographic Landscape
North America was the largest canned food market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. Factors such as the presence of a wide range of products will significantly drive canned food market growth in this region over the forecast period. 32% of the market's growth will originate from North America during the forecast period. The US is the key market for canned food in North America. Market growth in this region will be slower than the growth of the market in APAC and MEA.
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Companies Covered:
- Bolton Group Srl
- Campbell Soup Co.
- Conagra Brands Inc.
- Del Monte Pacific Ltd.
- General Mills Inc.
- Nestle SA
- Princes Ltd.
- The Hain Celestial Group Inc.
- The J.M. Smucker Co.
- The Kraft Heinz Co.
What our reports offer:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers market data for 2019, 2020, until 2024
- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Canned fish and seafood Market size and forecast 2019-2024
- Canned vegetables Market size and forecast 2019-2024
- Canned meat Market size and forecast 2019-2024
- Canned ready meals Market size and forecast 2019-2024
- Others Market size and forecast 2019-2024
- Market opportunity by Product
Market Segmentation by Distribution channel
- Market segments
- Comparison by Distribution channel
- Offline Market size and forecast 2019-2024
- Online Market size and forecast 2019-2024
- Market opportunity by Distribution channel
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- Europe Market size and forecast 2019-2024
- North America Market size and forecast 2019-2024
- APAC Market size and forecast 2019-2024
- MEA Market size and forecast 2019-2024
- South America Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Bolton Group Srl
- Campbell Soup Co.
- Conagra Brands Inc.
- Del Monte Pacific Ltd.
- General Mills Inc.
- Nestle SA
- Princes Ltd.
- The Hain Celestial Group Inc.
- The J.M. Smucker Co.
- The Kraft Heinz Co.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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