Global Canned Meat Market, By Meat Type (Pork, Poultry, Beef, Seafood and Others), Distribution Channel (Store-Based and Non-Store-Based) Application (Food and Beverage Industry, Retail Industry and Other), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights Global Canned Meat Market
Data Bridge Market Research analyses that the global canned meat market to account USD 19.45 billion by 2029 growing at a CAGR of 4.5% in the forecast period of 2022-2029. The market is primarily driven by the growing urban population's preference for quick and easy food, as well as the demand for healthy foods high in protein, functional fibres, vitamins, and omega-3 fatty acids.
Canned meat is prepared using a variety of safe food processing techniques, including thermal processing and sealing the meat in the container. This protects the meat from microbial decay and keeps it edible for a long time. As a result, the canned meat market is intertwined with numerous markets and allies in the food and beverage sectors. Canned meat is kept cold to extend its shelf life. While canned meat was once thought to be nutritionally deficient, the truth is that it is high in beneficial nutrients such as omega 3 fatty acids and proteins.
The increase in people's disposable income and the availability of high-quality products has accelerated its growth. Furthermore, the e-commerce zones prove to be a powerful tool for expansion. Mergers and acquisitions are being used by key market players to diversify their businesses. To some extent, growth has been driven by emerging technologies in canning processes.
Consumers willing to pay a little more for products with such properties, combined with the demand for small, easy-to-cook meat and seafood, and organic canned fruits and vegetables, are thus fuelling market sales. Furthermore, rising awareness of the ills of plastic packaging, the demand for a sustainable solution, and rising recycling rates globally have all contributed to the market's growth.
However, the growth of the obese population and obesity-related diseases are major restraints on the canned meat market. People are trying to reduce their meat consumption and stay fit as obesity rates rise. Consumption of canned meat is also reduced as a result of these factors. The major constraint in the market is the population's decision to eliminate meat from its diet due to obesity.
This canned meat market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on canned meat market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Canned Meat Market Scope and Market Size
Canned meat market is segmented into seven notable segments which are based on meat type, distribution channel and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of meat type, the canned meats market is segmented into pork, poultry, beef, seafood and others.
- On the basis of distribution channel, the canned meats market is segmented into store based and non-store based. Store based segment is sub-segmented into specialty store, supermarket/hypermarket and others. Non- store based segment is sub-segmented into e-commerce channels and company owned websites.
- On the basis of application, the canned meats market is segmented into food and beverage industry, retail industry and other
Canned Meat Market Country Level Analysis
The canned meat market is analyses and market size, volume information is provided by country, meat type, distribution channel and application as referenced above.
The countries covered in the canned meat market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
Asia-Pacific is the fastest-growing region for canned meat, particularly canned fish/seafood and fruits. Canned crab meat is heavily imported by countries such as Japan, Korea, and China. Furthermore, the food presence of major supermarkets such as 7-Eleven, E-mart, Big C, and others, as well as the increasing internet penetration, online market for the purchase of canned meat products, are driving market growth.
The country section of the canned meat market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Canned Meat Market Share Analysis
The canned meat market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to canned meat market.
Some of the major operating in the canned meat market are American Tuna, Inc. , Wild Planet Foods, Bumble Bee Seafoods, Maruha Nichiro Corporation., Vion Food Group, Hormel Foods Corporation, Bolton Group, Survival Cave Food, Mundella Foods, Xiamen Gulong Food, Meat Maniac, Bright Food, Key Food Stores Co-op, Inc., Crown Prince, Bar Harbor Foods, Zishan Group, Libby's Brand Holding, Radiant Farms, Guangdong Huanlejia Food, Dalian Lixiang Food, and Newport Jerky Company among others.
Customization Available : Global Canned Meat Market
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