Canned Food Market

Introduction:

Canning is a method of food preservation in hermetically sealed containers. The process differs with each product; however, it can be summarized for most foods in handling, sealing, and heating the cans to destroy harmful bacteria and prevent spoilage. Commonly canned foods are fruits, vegetables, beans, soups, meat, and seafood. The largest advantages of canned goods are their inexpensiveness, convenient transportation, and longer shelf life. Lately, canned goods have become more in demand especially to working people, as canned foods take lesser time for preparation and give a nutritious diet, and are more durable. Urbanization and alteration of the way of life made them shift towards convenient foodstuffs.

Canned Food Market

Size, by Product, - (USD Billion)

Fruits

Vegetables

Meat and Poultry

Soups and Broths

Other Products

The Market will Grow

At the CAGR of:

4.04%

The Forecast Market

Size for in USD:

$108.40 Billion

Global Canned Food Market Size was valued at USD 89.04 Billion in 2024 and is expected to reach USD 108.40 Billion by 2032, growing at a CAGR of 4.04% during the forecast period from 2024 to 2032.

Nowadays, people seek convenient foods more and more, where canned foods become prominent as a convenient way out. The food offers people a simple, fast solution that saves them from the trouble of preparing or cooking a meal, which might be hard for busy persons to do. Basically, changed lifestyles, improved disposable incomes, and a preference for convenience foods drive the demand of the business in canned goods in India. Due to some high-profile cases related to the issue of food contamination, there is increased awareness about food safety in the Indian population over recent years. Canned food materials are safer because they are handled and sealed in a sterile environment with minimum chance of contamination.

Market Overview:

By employing similar promotional strategies as well as by educating the consumers about benefits of consuming canned food products, consumption will further rise which in would lead to surge in demand for canning product. Canning is a method of preserving food in which the food contents are processed and sealed in an airtight container (widely canned glass jars, tin cans accompanied by steel can that has been soldered tightly shut). This is also referred to as "putting food by." One might look into home canning. Canning typically extends the shelf life of food from one to five years, though under specific circumstances it can be much longer.

A product like this, lyophilized first and then canned afterwards, still remains for 30 years while fully retaining the property of its consumption. The National food Processors Association tested canned foods recovered from the wreck of the Bertrand, which sank in 1865 off what is now Nebraska.

Market Trends:

Convenience and shelf life

The key driving forces for the canned food market include the intrinsic conveniences and extended shelf life related to such products. Canned foods are quick, ready, and prepared in a minimum amount of time; this has been one of the greatest advantages of such foods. The sealed and airtight packaging allows longer shelf life by preserving the nutritious content within the food and reducing food wastage. This convenience agrees with the busy lifestyle characterizing consumers nowadays; hence, buying of canned foods will be popular among people who intend to prepare fast and quick meals. Stocking up with non-perishable canned goods for emergency preparedness and long-term storage will be a deal that will please the consumers.

Changing consumer lifestyle

The changing consumers' lifestyles, exemplified by an increasingly hectic schedule, rapid urbanization, and a surge in eating on the go, drive growth in the canned food market. The growing demand factors include the fact that it can offer convenience meals which are easy to access without, at times, much cooking and preparation involved. Canned foods answer this need because they offer a wide array of products-from soups through vegetables, fruits, and proteins-aligned with evolving dietary habits and tastes of the ever-increasingly fast-paced society.

Product offering innovation

Ongoing innovation within the canned food product segment acts as the main driving force for market growth. Several producers are changing their products to adapt to the consumer's tastes and preferences by coming out with new flavors, new formulations, and new packaging. The development of organic and premium canned goods opens a wide range of options to respond to the growing demand for healthy and quality foods. Technological development about the processes of canning, like improved preservation and eco-friendly packaging, also adds dynamism to this market segment. As tastes continue to evolve, and consumers become more say about all things sustainable, the industry's commitment to innovation cements the can as a relevant, agile choice for the broadest range of consumers.

Key Players:

• Ayam Sarl - Europe (France)
• Bonduelle - Europe (France)
• Campbell Soup Company - North America (USA)
• CHB Group - Europe (Greece)
• Danish Crown AmbA - Europe (Denmark)
• Del Monte Foods Inc. - North America (USA)
• JBS S.A. - South America (Brazil)
• Nestlé S.A. - Europe (Switzerland)
• Princes Foods (Mitsubishi Corporation) - Europe (UK), Asia (Japan - Mitsubishi Corporation)
• Thai Union Group PCL - Asia (Thailand)
• The Bolton Group - Europe (Italy)
• The Kraft Heinz Company - North America (USA)

Recent Developments:

• In January 2023, Dole Food Company, Inc. announced that some of its subsidiaries had entered into an agreement to sell Dole’s Fresh Vegetables Division to an affiliate of Fresh Express Incorporated, a wholly owned subsidiary of Chiquita Holdings. The division comprises operations related to the processing and sale of whole produce like iceberg, romaine, leaf lettuces, cauliflower, broccoli, celery, asparagus, artichokes, green onions, sprouts, radishes, and cabbage, as well as salads
• In July 2024, Fresh Del Monte Produce, Inc. collaborated with Stord-a cloud supply chain company-to utilize the latter’s cloud supply chain solution and Del Monte’s cold storage infrastructure. This collaboration will satisfy the company’s requirement for temperature and humidity-controlled logistics in the market
• In May 2024, Maldives Industrial Fisheries Company Limited (MIFCO) introduced a new canned tuna product called Drained Tuna Chunks with reduced amount of oil and cheaper than its Chunks in Oil tuna cans
• In 2023, AgriTech North, a company based in Dryden, Ontario, focused on locally-grown food, received CAD 100,000 in federal funding from FedNor to improve its energy efficiency and increase production.
• In 2023, The Cook Government in Western Australia introduced Agrifood and Beverage Vouchers to support food and beverage businesses. These vouchers provide financial assistance of up to $20,000 per business. The primary aim is to help these businesses scale up and create job opportunities across the state.

Canned Food Market

Share, by end user, (USD Billion)

89.04 Billion %

Retail

Foodservice

Industrial use

Commercial Use

Other End-Users

108.40 Billion

Total Market Size

USD (Billion),

4.04%

CAGR

-

Market Driving Factors:

• Convenience and Accessibility
• Extended Shelf Life
• Nutritional Value
• Affordability
• Versatility in Cooking
• Sustainability and Food Security
• Global Market Expansion

Market Constraining Forces:

Perceptions and stereotypes are considered one of the prime reasons constraining the canned goods market. It has generally been perceived by consumers that canned foods are of lesser quality, taste, and nutrition value as compared to their fresh or homemade counterparts. This perception and educating consumers about the plus points of canned food is usually an uphill task for their manufacturers and retailers.

Health Concerns: Besides the nutritional benefits related to canned goods, there is also, on the consumer level, concern over the health implications of canned goods additives, preservatives, and BPA in cans. Most manufacturing companies did their best to please these consumers by offering BPA-free alternatives and clean labels. Still, health-conscious people might be very skeptical about consuming canned goods.

Environmental impacts: The canning of food has also been in question due to the aspect of environmental impacts, considering the huge amounts of packaging material involved and product manufacturing processes. Although cans are recyclable, extracting and processing their key components, which are aluminum and steel, may pose high levels of ecological destruction through means such as resource depletion, use of energy, and greenhouse gas emission. The pressure on processing manufacturers is also being intensified to further improve sustainability practices and decrease carbon footprint levels right from the value chain.

Fresh and frozen foods competition: The competition for the slot in the marketplace is fresh and frozen foods. This is pitting pressure on both the manufacturer and the retailer to be more effective. Fresh produce is often perceived as healthier and more natural, while frozen produce is offering convenience with fewer additives than canned varieties of the same produce. Because of these reasons, differentiation for canned foods needs to occur via innovation, quality, and value for them to be effective competitors at the marketplace.

Canned Food Market

Size, by Product, - (USD Billion)

The Market will Grow

At the CAGR of:

4.04%

The Forecast Market

Size for in USD:

$108.40 Billion

Key Market Opportunities:

• Innovative Packaging Solutions
• Health and Wellness Trends
• Flavor Innovation and Culinary Trends
• Convenience and Meal Solutions
• Snacking and On-the-Go Consumption
• E-commerce and Direct-to-Consumer Sales
• Global Expansion and Market Penetration
• Partnerships and Collaborations

Market Segmentation:

1. By Product Type:

• Canned Fruits
• Canned Vegetables
• Canned Meat
• Canned Seafood
• Canned Ready Meals
• Canned Desserts
• Canned Soups
• Canned Beverages

2. By Distribution Channel:

• Supermarkets/Hypermarkets
• Convenience Stores
• Specialty Stores
• Online Retail
• Others (e.g., direct sales, wholesale)

3. By End-User:

• Households
• Food Service Industry 
• Institutions 

4. By Packaging Type:

• Cans
• Jars
• Pouches
• Others (e.g., cartons, trays)

5. By Geography:

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa

6. By Ingredients:

• Organic
• Conventional

7. By Processing Technique:

• Thermal Processing

• Non-Thermal Processing

  Canned Food Market TO (USD BN)

  

  CAGR OF

  4.04%

  Canned Food Market

  

  108.40 Billion%

Stakeholders in the Canned Food Market can include:

• Consumers
• Manufacturers
• Retailers
• Foodservice Providers
• Suppliers and Distributors
• Industry Associations
• Regulatory Agencie
• Non-Government Organizations

Frequently Asked Questions for Canned Food Market:

1. What is the current size of the global canned food market?

Ans: The global canned food market is valued at billions of dollars, with steady growth driven by consumer demand for convenient and long-lasting food options. Specific market size figures can vary by source and year.

2. What are the major trends influencing the canned food market?

Ans: Key trends include the increasing demand for organic and natural canned foods, innovations in packaging technology, and the rise of sustainable and eco-friendly packaging solutions.

4. What are the main challenges faced by the canned food industry?

Ans: Challenges include concerns over the health effects of preservatives and additives in canned foods, competition from fresh and frozen alternatives, and fluctuating raw material costs.

5. Which regions are the largest consumers of canned food?

Ans: North America and Europe are the largest consumers of canned food, driven by high consumer demand for convenience. However, the Asia-Pacific region is experiencing rapid growth due to increasing urbanization and changing dietary habits.