USD 83.51 Billion
Canned Food Market Size, Share, Growth Analysis, By Product (Canned Meat & Seafood, Canned Ready Meals), By Distribution Channel (Retail, Online), By Type, By Region -Industry Forecast 2025-2032
Report ID:
SQMIG30C2157 |
Region:
Global |
Published Date: December, 2024
Pages:
177
|Tables:
89
|Figures:
66
Canned Food Market Insights
Canned Food Market size was valued at USD 83.51 Billion in 2023 and is poised to grow from USD 87.01 Billion in 2024 to USD 120.83 Billion by 2032, growing at a CAGR of 4.19% during the forecast period (2025-2032).
The increasing need for easy and preservative-rich food products is enhancing the canned food market growth. Busy individuals and families tend to appreciate canned food since it requires minimal effort, preparation, and has a long shelf life. Besides, canned food has gained popularity as it is useful in outdoor sports like camping and hiking where refrigeration and cooking facilities are either unavailable or very limited. The rise in interest of people around the world in hiking and camping is likely to boost the growth of the market for the forecast period.
The increasing trend of people going to work along with the family structure shifting to more working individuals has changed food habits which has also contributed to the growth of the ready-to-eat market. Moreover, the market demand is further impacted by the focus that is placed on being prepared for emergencies, a situation where convenience stores are critical in a crisis and when providing basic needs during natural disasters. Additionally, improved canning techniques and packaging have addressed the concerns of health-conscious consumers, making canned food products more appealing. There is also a shift towards sustainable packaging and manufacturing in line with the green wave.
Market snapshot - 2025-2032
Global Market Size
Largest Segment
Conventional
Fastest Growth
Organic
Growth Rate
4.19% CAGR
Global Canned Food Market ($ Bn)
Country Share for North America Region (%)
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Canned Food Market Segmental Analysis
The global canned food market is segmented into products, distribution channels, type, and region. Based on the product, the market is segmented into canned meat & seafood, canned fruit & vegetables, canned ready meals, and others. Based on distribution channel, the market is segmented into retail, foodservice, and online. Based on type, the market is segmented into organic and conventional. Based on region, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Analysis by Type
Based on type, the conventional canned food segment is dominating the market with the largest canned food market share. The production costs of conventional canned products are lower than those of organic products. Besides, the availability of conventional canned products is greater as they are more commonly found in supermarkets and grocery outlets. Often, the distribution reach of conventional canned foods is quite large as well and therefore, the accessibility of these products among consumers from different geographies is high, thereby, boosting the sales of conventional canned foods during the forecast period.
The organic segment is witnessing the fastest growth in the canned food market. Over the years, more and more consumers are raising awareness regarding their health and searching for food options which are healthier. With organic canned food being devoid of harmful synthetic pesticides and chemicals, it is consistent with this health-conscious trend which contributes to ever increasing demand. In addition, many manufacturers are adding to the consumption of organic canned food during this forecast period by innovating essentially ten different organic canned food products with dozens of flavors and ingredient combinations which are new.
Analysis by Distribution Channel
Based on distribution channel, the retail segment is dominating the canned food market. Canned food products are readily accessible through retail distribution channels such as supermarkets, grocery stores, and convenience stores. This makes shopping for consumers easy and convenient. Moreover, consumers do not need to go far as there are a lot of different brands of canned food products in retail outlets. This assortment of offerings satisfies the wants and needs of the consumers who are looking for alternatives. Furthermore, the presence of brands already on the store shelf plays a great role in the purchasing decision making of canned food products sold through various retail distribution channels around the world.
As per canned food market analysis, online distribution channel segment is experiencing tremendous growth and popularity in recent years. The ease and convenience offered by several online platforms has allowed consumers to extend their choice and purchase a variety of canned food products. The products can include seasonal and other unique products which may not be available in the local brick and mortar stores. The importance of online purchases of canned food has increased with the outbreak of the covid 19 virus and temporary or permanent closure of traditional channels of distribution. This has significantly highlighted that the sales of canned food products through the e-commerce websites and online supermarkets have increased immensely during and after the covid 19 pandemic.
Global Canned Food Market Analysis by Type
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Canned Food Market Regional Insights
North America is dominating with the largest canned food market share. The United States Department of Agriculture (USDA) indicated that the volume of canned vegetables consumed per capita in the US equaled roughly 16.6 pounds per head which was recorded in 2021. This therefore provides a great market opportunity to progress the expansion of canned food products. The strong presence of these dominant manufacturers plus the existence of effective distribution networks in the area of North America is fueling the market growth. Furthermore, the growing demand for ready-to-eat food in this region is also boosting the growth of the market. Moreover, strong distribution networks, advanced canning technologies, and a wide range of product offerings are also contributing to the continuous growth of the market in North America.
The Asia-Pacific market is witnessing the fastest growth in the canned food market. With the cities changing diet preferences and shift towards convenience and longer shelf-life products, the market is rapidly expanding in this region. Countries like China, Japan, and India are major contributors to the region’s markets for canned food products that link Asian countries through the sizeable and varied populations they serve. According to recent forecasts, China’s canned food market specifically is set to witness strong growth because of its constantly growing population as well as rising incomes. Canned food products also benefited from the emergence of modern retailing forms in the Asia-Pacific such as supermarkets and hypermarkets. Furthermore, the increasing middle-class population in this region coupled with western dietary influences are factors which have increased the consumption of canned foods in this region.
Global Canned Food Market By Geography
- Largest
- Fastest
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Canned Food Market Dynamics
Drivers
Increasing Urbanization and Busy Lifestyles
- The increase in the population of cities and growing economic activity is one of the notable factors of the growth of the worldwide canned food market. Urbanization necessitates more hours at work which means that convenient and ready-made food has an expanding demand. In such situations, canned foods provide the best solution because they are quick and require minimal preparation time while being healthy at the same time.
Rising Consumer Awareness towards Hygienic Food Products
- Canning is a technique which is useful for storing food products and, at the same time, makes them last longer. Canning maintains the vitamins of the food and prevents spoilage by such external agents as sunlight and air. Fast-food outlets and restaurants make use of canned food products because they are easier to prepare and have a longer shelf life in which they are free of any elements that may cause spoilage. Since the canned fruits are devoid of any foreign materials and most importantly, they preserve all the health factors they are used in salads, smoothies, drinks or taken plainly.
Restraints
Growing in Awareness on Preservatives and Added Chemicals
- The rising consumer concerns on the safety of canned foods have continually limited the growth of the global canned food market and gradually modified consumer preferences towards a more health-conscious direction. Fast food has been highlighted in studies as being a precursor for obesity and other ailments, thus, causing change towards a more health-oriented alternative, fast casual restaurants. This transition majority is due to the health cautious consumers who are against processing chemicals and preservatives which are latent in most canned foods.
Concerns Regarding Environmental Pollution
- The canned food items are packed in containers which are made of aluminium and tin metal that cannot be decomposed by organic means. The cans after use are thrown away into the garbage where they stay in the environment for over 10 years which has caused major environmental problems. The cans even in the absence of living organisms release gases and poisonous substances when treated with any abiotic or biotic factors. Moreover, many governments are also recommending the avoidance of these products, and this has also registered a negative growth in the market as well.
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Canned Food Market Competitive Landscape
The canned food industry exhibits a medium to high degree of competitiveness. Innovation is rapidly increasing in the market. Canning processes, packaging designs, and product diversifications are some of the innovations that can be observed globally. Companies are implementing advanced technology in the canning process such as, hepatization and vacuum sealing. These procedures go a long way in ensuring the quality of the food is the best possible. In addition, vitamins and dietary elements are implemented in canned foods to add onto the quality of the foods thus offering more health and functional foods to the consumers. The degree of mergers and acquisitions in the market is low to medium.
Top Player’s Company Profile
- Conagra Brands, Inc.
- Kraft Heinz Company
- Campbell Soup Company
- The Kraft Heinz Company
- Del Monte Foods, Inc.
- Hormel Foods Corporation
- Thai Union Group PCL
- Dole Food Company, Inc.
- Bonduelle SA
- Bumble Bee Foods
Recent Developments
- In June 2024, Bull Brand debuted three new mince meals in cans that are ready to eat: Bolognaise Mince, Chilli Mince and Savoury Mince.
- Bisto released a concentrated beefy gravy for sausages in March 2024 which is the first of its kind. This thicker format offers a savoury sweet undertone that highlights the meaty flavour of the sausage making sausage dishes more delicious.
- In June 2022, Bonduelle officially announced that 65% of Bonduelle Americas Long Life has been sold to Fonds de solidarité FTQ and CDPQ.
Canned Food Key Market Trends
- Growing Product innovation and Technology Advancements: Advancements in canning technology and continuous product innovation are also crucial drivers of the global canned food market. Modern canning techniques have significantly improved the quality, taste, and nutritional value of canned foods, making them more attractive to health-conscious consumers. Innovations such as BPA-free cans, reduced sodium content, and the incorporation of organic and non-GMO ingredients have broadened the market appeal.
- Increasing Preference for Sustainable and Eco-Friendly Packaging: The heightened sense of consumer responsibility towards the environment is a huge opportunity for canned food and beverage products worldwide. We are witnessing an increased emphasis on the need to physically reduce plastic waste and create less harmful packaging solutions that can be removed. Canned food manufacturers need to take advantage of this opportunity by employing sustainable packaging products and practices.
Canned Food Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the steady development of the canned food industry can be explained by a number of vital factors such as the rising living standards of the majority of consumers induced the need for easy and cheap ready to eat meals especially in the convenience foods, specifically canned vegetables, fruits, juices, syrup, jelly, and canned sauce. There have been considerable improvements in canning technology, especially in the areas of sugar solutions and syrup cans which have improved the quality and marketability of the products. But there is competition from other types of food products such as fresh fruits and vegetables, and frozen foods that limit the growth of this market. This is a result of a growing number of consumers who prefer organic, non-GMO products and hence why most manufacturers produce canned foods that are made from natural ingredients and can promote sustainability.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 83.51 Billion |
| Market size value in 2032 | USD 120.83 Billion |
| Growth Rate | 4.19% |
| Base year | 2024 |
| Forecast period | 2025-2032 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Canned Food Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Canned Food Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Canned Food Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Canned Food Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Canned Food Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Canned Food Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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