Canned Food Market: Global Opportunity Analysis and Industry Forecast, 2022-2028

Global Canned Food Market size was valued at USD 124.2 Billion in 2021, and is projected to reach USD 172.44 Billion by 2028, growing at a CAGR of 4.8% from 2022 to 2028.

Canning of food products is a preservation method, which includes sealing and sterilizing of food products in airtight containers. Various canned food products offered in the market include seafood, meat, fruits, vegetables, meals, sweets & desserts, soups & sauces, beans, lentils, and pastas. Canning process retains many essential nutrients; hence, canned food products have been one of the preferred choices of the preserved food products in the market.

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The Major Players In The Canned Food Market Include:
• Bolton Group Srl (Italy)
• Campbell Soup Co (US)
• ConAgra Brands Inc (US)
• Del Monte Pacific Ltd (California)
• General Mills Inc. (Minnesota, US)
• Nestle SA (Switzerland)
• Princes Ltd (UK)
• The Hain Celestial Group Inc (New York)
• The J.M. Smucker Co (Ohio, US)
• The Kraft Heinz Co (Chicago, US)
• Danish Crown (Denmark)
• CHB Group (Cheltenham, UK)
• AYAM SARL. (Singapore)
• JBS S.A (Greeley, US), and other major players.

Market has segmented the global Canned Food market on the basis of type, application, and region:
The Canned Food market is segmented by type and application. Growth between segments over the period 2022-2028 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.

By Type:
• Canned Meat Products
• Canned Fish/Seafood
• Canned Vegetables
• Canned Fruits

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By Application:
• Supermarkets/Hypermarkets
• Convenience Stores
• Online Retail Channels

By Regional Outlook (Revenue, USD Billion, 2017 - 2028)
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
• Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of South America)

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Covid-19 Impact and Recovery Analysis on Industry:
The COVID-19 pandemic has had devastating effects on several industry verticals globally. To constrain the number of cases sales@introspectivemarketresearch.com and slow the coronavirus spread, various public health guidelines were implemented in different countries across the globe. COVID-19 protocols ranging from declaring national emergency states, enforcing stay-at-home orders, closing nonessential business operations and schools, banning public gatherings, imposing curfews, distributing digital passes, and allowing police to restrict citizen movements within a country, as well as closing international borders. With the growing vaccination rate, governments are uplifting the protocols to give a boost to the stagnant economy. Like other industries, Canned Food Market have experienced slowdown the growth, however market is expected bounce back as restrictions are being lifted up by governments across the globe.

Report covered the major key points:
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• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 7years, along with 5 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

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