Canned Food Market Research Report

 

Global Canned Food Market

The GMI Research forecasts that the Canned Food Market is witnessing an upsurge in demand over the forecast period. This is mainly due to the rapid urbanization, expanding realization about numerous exception advantages offered by fish, and strong demand for healthy food that are rich in protein and vitamins.

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Introduction of the Canned Food Market:

The canned food product conserves the nutrition of the food products and removes the possibility of spoilage. Canning is a method of maintaining food products for a longer duration of time by packaging them in airtight containers. These food products are an essential component in an individual’s diet and have year-round availability.

Key Players of the Global Canned Food Market:

·        Del Monte Foods, Inc.

·        AYAM

·        JBS

·        Danish Crown Amba

·        Conagra Brands, Inc.

·        Bolton Group

·        Holyland Marketing Private Limited

·        NESTLE

·        CSC Brands, L.P.

·        The Kraft Heinz Company

Canned Food Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

The global canned market is experiencing significant growth in demand. This increasing inclination of the urban population towards convenient food items as compared to home-cooked food is regarded as one of the major drivers responsible for the market growth. Also, the robust demand for nutritional food products with high protein, vitamins, omega-3 fatty acids, and functional fibers strengthens the canned market size. Moreover, individuals are ready to spend more on ready-to-cook meals, meat, and seafood food items owing to their busy and hectic lifestyle and to save their time. This factor further stimulates market growth. The augmenting consciousness about the remarkable benefits proffered by fish and fish products has prompted individuals towards canned fish and seafood.

Additionally, these food products are progressively used across various food chains and restaurants led by their expediency of cooking along with the less possibility of spoilage. This is mainly because they are free from contaminants and preserve all the nutritional content of food items such as drinks, salads, and smoothies. Prominent market players are choosing for new strategic measures, which include the launch of new products and enlargement of their production capacity to serve the broad consumer base. Del Monte Foods Inc., one of the leading processed food manufacturing organizations, in 2018, initiated a "premium and stylish" tinned Gold pineapple fruit range, which mainly targeted young consumers. In addition, the surging implementation of natural and clean-label products, especially in emerging nations, is persuading consumers to choose canned organic food. The altering preference of individuals towards consuming chemical-free natural food due to their escalating awareness about the harmful effects of chemicals is projected to propel the canned market share.

However, as per the canned market analysis, the increasing apprehension towards the environmental pollution resulted from the disposal of canned food will hinder the market growth. Furthermore, these products are manufactured using tin and aluminum, which are non-biodegradable in nature and release harmful gases and toxic material when exposed to abiotic or biotic factors..

Canned Food Market Segmentation:

Segmentation by Shielding

·        EMI Shielding

·        Heat Shielding

Segmentation by Material

·        Metallic

·        Non-Metallic

Segmentation by Heat Application

·        Engine Compartment

·        Exhaust System

·        Turbocharger

·        Under Bonnet

·        Under Chassis

·        Fuel Tank

·        Battery Management

Segmentation by EMI Application

·        Adaptive Cruise Control (ACC)

·        Electric Motor

·        Engine Control Module (ECM)

·        Forward Collision Warning (FCW)

·        Intelligent Park Assist (IPA)

·        Lane Departure Warning (LDW)

·        Infotainment

·        Blind Spot Detection (BSD)

·        Night Vision System (NVS)

·        Driver Monitoring System (DMS)

·        Automatic Emergency Braking (AEB)

Segmentation by Region:

·        North America

o   United States of America

o   Canada

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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