Press release
Global Canned Food Market To Grow At A CAGR Of 3.04% During The Period 2016-2020
Canned food products refer to food items that are processed, preserved, and packed into airtight metal containers. Canned food products find high demand globally because they require less time to cook, less storage space, and have a longer shelf life than fresh food.
With consumer lifestyles becoming increasingly work-oriented and, consequently, hectic, people have less time to cook food. Therefore, they prefer the convenience of canned food products. Various drivers and distribution methods boost the sales of canned food products. The rise in demand for canned fish and seafood and canned meat coupled with the numerous options available in supermarkets is fueling market growth.
Technavios analysts forecast the global canned food market to grow at a CAGR of 3.04% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global canned food market for 2016-2020. To calculate the market size, the report considers the revenue generated through the sales of canned food, sold through retail stores such as supermarkets and hypermarkets, independent retailers, convenience stores, and specialist retailers.
The market is divided into the following segments based on geography:
Americas
APAC
Europe
ROW
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Technavio's report, Global Canned Food Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Bolton Group
ConAgra Foods
Del Monte Foods
Hormel Foods
Kraft Heinz
Other prominent vendors
Atria Group
AYAM SARL
Bonduelle
Campbell Soup
Danish Crown
Dole Food Company
Grupo Calvo
JBS
Nestl
Pinnacle Foods
Princes Limited
Shanghai Maling Aquarius
Zanlakol
Market driver
Demand for convenience
For a full, detailed list, view our report
Market challenge
Adverse impact on health
For a full, detailed list, view our report
Market trend
Product differentiation and innovation
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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