Rising Demand For Canned Seafood Fuels Growth In The Canned Meat Market Driver: A Major Catalyst in the Evolution of the Canned Meat Market in 2025

What combination of drivers is leading to accelerated growth in the canned meat market?
The burgeoning demand for canned fish and shellfish is anticipated to spur the expansion of the canned meat market. Seafood, encompassing edible sea life like fish and shellfish, is often canned because it can be kept at definite temperatures and is viewed as a high-protein, handy food option. Consequently, the amplified demand for canned seafood litres up the demand for the canned meat sector. For instance, as per the IRI Worldwide seafood update report, it was found that in May 2022, the sales of frozen seafood exceeded that of fresh seafood at $643 million and $618 million respectively. Only sales of shelf-stable seafood, which includes canned and pouched seafood, experienced an increase of 7.8%, as well as sales volume. Hence, the soaring demand for canned seafood propels the growth of the canned meat market.

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What is the projected compound annual growth rate (CAGR) of the canned meat market from 2025 to 2034, and what factors influence it?
The size of the canned meat market has seen significant expansion in the past few years. The market is projected to increase from $17.27 billion in 2024 to $18.25 billion in 2025, translating to a compound annual growth rate (CAGR) of 5.7%. This historical growth has been facilitated by factors such as its convenience and extended shelf life, utilization in military and emergency rations, preparedness for pandemics and crises, global travels and expeditions, and its affordability.

Prospects for the canned meat market growth appear promising over the next several years. It is projected to escalate to a value of $24.45 billion in 2029, expanding at a compound annual growth rate (CAGR) of 7.6%. The acceleration in the predicted period is associated with health-aware customers, a range of flavor options, deluxe and gourmet alternatives, responsible and ethical supply chains, online commerce, and direct-to-consumer transactions. Key trends expected in the future include the rise of clean label products, the specialty and artisanal offerings, the alternative and plant-derived proteins, exclusive and limited-edition varieties, and diversified meat types.

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How are the latest trends influencing the growth of the canned meat market?
Leading corporations in the canned meat market are zeroing in on creating newfangled offerings, such as vegan meat, to meet the demand from health-focused consumers. Vegan meat, a plant-based substitute for conventional meat, is created from components like soy, peas, beans, and grains. For instance, OTS Holdings, a Singapore-based firm manufacturing ready-to-eat and ready-to-cook meat products, unveiled a novel line of plant-based canned meat in August 2022. This original and handy alternative to customary meat products is created with a mixture of wheat, soy protein, vegetable juice, and Eucheuma seaweed. This ready-to-eat alternative brings together modern cooking methods with traditional tastes. After two years of research, the goal is to offer an appealing taste experience while meeting the escalating need for sustainable food options.

What are the major segments of the canned meat market and their role in driving growth?
The canned meat market covered in this report is segmented -

1) By Product Type: Seafood Meats, Poultry Meats, Red Meat, Other Products
2) By Application: Private Use, Commercial and Industrial Use
3) By Distribution Channel: Super market and Hyper market, Specialty Store, Online, Other Distribution Channels

Subsegments:
1) By Seafood Meats: Canned Tuna, Canned Salmon, Canned Sardines, Canned Shellfish
2) By Poultry Meats: Canned Chicken, Canned Turkey, Canned Duck
3) By Red Meat: Canned Beef, Canned Pork, Canned Lamb
4) By Other Products: Canned Mixed Meats, Canned Game Meats

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Which regions are key players in the growth of the canned meat market?
North America was the largest region in the canned meat market in 2024. Asia-pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the canned meat market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Who are the key firms paving the way for growth in the canned meat market?
Major companies operating in the canned meat market include Xiamen Gulong Canned Food Co. Ltd., Tyson Foods Inc., Wild Planet Foods Inc., Radiant Farms Inc., Survival Cave Food, JBS S.A., Key Food Stores Co-op Inc., Crown Prince Inc., Bar Harbor Foods Inc., Zishan Group Co. Ltd., Libby's Brand Holding Inc., Radiant Farms Ltd., Dalian Lixiang Food Co. Ltd., Hormel Foods Corporation, American Tuna Inc., Bumble Bee Seafoods LLC, Maruha Nichiro Corporation, Vion Food Group NV, Conagra Brands Inc., Thai Union Group, Trident Seafoods Corporation, JBS SA, Bolton Group Ltd., Princes Group Ltd., Cargill Meat Solutions Corp., Keystone Foods LLC, Nestle S.A., Campbell Soup Company, Pinnacle Foods Inc., BRF S.A.

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What Is Covered In The Canned Meat Global Market Report?

•Market Size Forecast: Examine the canned meat market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the canned meat market for a structured understanding.
•Key Players Overview: Analyze major players in the canned meat market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the canned meat market.
•Segment Contributions: Evaluate how different segments drive overall growth in the canned meat market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the canned meat market.
•Industry Challenges: Identify potential risks and obstacles affecting the canned meat market.
•Competitive Landscape: Review strategic developments in the canned meat market, including expansions, agreements, and new product launches.

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