Canned Lamb Market Analysis, Growth, Trend, Demand And Forecast To 2033

The new report published by The Business Research Company, titled "Canned Lamb Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the canned lamb market size has grown strongly in recent years. It will grow from $1.48 billion in 2023 to $1.55 billion in 2024 at a compound annual growth rate (CAGR) of 5.0%. The canned lamb market size is expected to see strong growth in the next few years. It will grow to $1.89 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%.

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Rising Meat Consumption Drives Growth In The Canned Lamb Market
The rising consumption of meat is expected to propel the growth of the canned lamb market going forward. The increasing consumption of meat is linked to rising incomes, urbanization, and changing dietary preferences globally. Canned lamb is contributing to the rising consumption of meat by offering a convenient, long-lasting option for consumers, thereby increasing accessibility and availability. For instance, in July 2023, according to the Food and Agriculture Organization, an Italy-based specialized agency for nutrition and food security, global meat production reached up to 365 million metric tons (carcass weight equivalent) in 2022, showing around 0.8% growth in global meat production compared to 2021. Therefore, the rising consumption of meat will drive the growth of the canned lamb market. 

Lab-Cultivated Options Enhanced Canned Lamb Market
Major companies operating in the canned lamb market are focused on developing innovative canned lamb products, such as organic canned lamb, to meet rising consumer demand for healthier and more sustainable food options. Organic canned lamb refers to lamb meat that is raised without synthetic pesticides, hormones, or antibiotics and is processed and preserved in a can while adhering to organic farming standards. For instance, in October 2022, Future Meat Technologies, an Israel-based biotechnology company that manufactures cultured meat, developed lab-cultivated lamb meat by using non-GMO technology. The tapping proprietary technology was used to cultivate these meat lambs that can be used as an alternative for application in burgers and kababs.

The canned lamb market covered in this report is segmented -

1) By Type: Fresh, Frozen
2) By Application: Ready Meals, Restaurants, Catering, Emergency Food Supply
3) By Distribution Channel: Supermarkets And Hypermarkets, Convenience Stores, Independent Retailers, Online
4) By End-User: Human, Animal

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Major companies operating in the canned lamb market are Tyson Foods Inc., Hormel Foods Corp., Perdue Farms Inc., Alliance Group Limited, AFFCO Holdings Limited, Stahly Quality Foods Ltd., Treats Unleashed Inc., Evanger's Dog And Cat Food Co., Tuffy's Pet Foods Inc., Muhubrands.com, New Zealand Lamb Company, AlexMeat & Provision Inc., Calibra Inc., Hound & Gatos Company, Wellness Pet Company Inc., Perfect Companion Group (PCG), Fortan GmbH & Co. KG., SmartHeart Pro, Caledonian Kitchen Limited, Leos Pet Her Hakk Sakldr

Contents of the report:
1. Executive Summary
2. Canned Lamb Market Report Structure
3. Canned Lamb Market Trends And Strategies
4. Canned Lamb Market - Macro Economic Scenario
5. Canned Lamb Market Size And Growth
…..
27. Canned Lamb Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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