The global canned food market size was valued at USD 101.7 Billion in 2024 and is projected to reach USD 126.3 Billion by 2033, growing at a CAGR of 2.2% during the forecast period 2025-2033. The steady market growth is driven by increasing consumer demand for canned food, a rise in working individuals, growing consumption of ready-to-eat and convenient food products, and higher disposable incomes. North America leads the market, favored by consumers' preference for on-the-go meal solutions.The study provides a detailed analysis of the industry, including the canned food market growth, report, trends, size, and industry growth forecast.

Study Assumption Years

  • Base Year: 2024
  • Historical Year/Period: 2019-2024
  • Forecast Year/Period: 2025-2033

Canned Food Market Key Takeaways

  • Current Market Size: USD 101.7 Billion in 2024
  • CAGR: 2.2%
  • Forecast Period: 2025-2033
  • The market experiences robust growth from increasing demand for long-shelf life and convenient food products.
  • Rising consumer preference for ready-to-eat meals and busy lifestyles are key growth drivers.
  • Technological advancements in packaging and food processing shape market evolution.
  • North America holds the largest share due to a high adoption rate and preference for on-the-go meals.
  • The growing popularity of organic and premium canned products is a notable market trend.

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Market Growth Factors

The​‍​‌‍​‍‌​‍​‌‍​‍‌ market for canned food is expanding at a steady pace owing to a consumer base that is demanding more convenient and long shelf-life products. The increase in urbanization and the busy lifestyle of people have resulted in a rapid growth of the ready-to-eat (RTE) and easy-to-prepare food segments, thus, contributing significantly to the market's expansion. Besides, the positive attitude towards and the knowledge of food preservation methods have also been facilitating the market growth. 

The strategies to attract consumers with various innovations such as the new packaging solution, the improved canning method, and the better food processing technique have a very significant impact on the canned food market. These innovations make the product able to keep in the store for a long time, more hygienic, and nutrient-rich which attract consumers to buy more canned foods and extend the applications across retail, hospitality, and emergency supplies. 

One more contributing factor to the success of the canned food market is the announcement of organic and premium canned food versions. The demand for organic canned products is steadily increasing with the growing number of health-conscious consumers. The industry is also making a lot of effort in terms of sustainable packaging and product innovation to meet the changes in consumer tastes and the environment thus, growing the market even faster.

Market Segmentation

The canned food market is segmented as follows:

  • Product Type:
  • Canned Meat and Seafood: These products, including canned tuna, salmon, chicken, and beef, dominate the market due to their long shelf life, convenience, and nutritional benefits. They cater to a diverse consumer base and are key for both everyday consumption and emergency stockpiling.
  • Canned Fruit and Vegetables: This segment offers convenience and nutrition through preserved seasonal produce like peaches, tomatoes, beans, and corn. They provide ready-to-use ingredients that save cooking time and cater to health-conscious consumers.
  • Canned Ready Meals: Encompassing soups, stews, pasta, and international cuisines, this category responds to the demand for quick, flavorful meal options requiring minimal preparation. Innovation in recipes and healthier choices drive this segment.
  • Others: Not specifically detailed in the source.
  • Type:
  • Organic: Produced without synthetic pesticides, fertilizers, or GMOs, organic canned foods appeal to environmentally and health-conscious consumers, experiencing steady growth.
  • Conventional: Dominating the market due to affordability and variety, conventional canned foods are made using traditional farming methods and constitute the largest share.
  • Distribution Channel:
  • Supermarkets and Hypermarkets: The leading distribution channels offering extensive product variety, promotions, and bulk buying options.
  • Convenience Stores: Strategically located outlets providing immediate availability and catering to impulse and on-the-go purchases.
  • E-commerce: A rapidly growing channel offering convenience, wide product range including specialty and organic items, and price comparisons.
  • Others: Not specifically detailed in the source.
  • Region:
  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Regional Insights

At present, North America is the largest market holder for canned food. The main reasons for this supremacy are the high adoption rate of canned products, busy lifestyles, and a trendre of convenient on-the-go meals. The region is also enjoying the fruits of modern distribution networks, state-of-the-art canning technologies, and the vast array of product offerings, which are the drivers of its continuous growth.

Recent Developments & News

  • June 30, 2022: Bonduelle announced the sale of 65% of Bonduelle Americas Long Life to the Fonds de solidarité FTQ and CDPQ.
  • February 22, 2024: Campbell Soup Company and Parks Project unveiled the exclusive ‘Winter Warmth’ capsule collection.
  • January 11, 2023: CHB Group hosted its long and fruitful partner doTerra to its premises in Nafplio.

These strategic moves reflect major players' ongoing efforts to expand market presence and innovate in product offerings.

Key Players

  • Ayam Sarl
  • Bonduelle
  • Campbell Soup Company
  • CHB Group
  • Danish Crown AmbA
  • Del Monte Foods Inc.
  • JBS S.A.
  • Nestlé S.A
  • Princes Foods (Mitsubishi Corporation)
  • Thai Union Group PCL
  • The Bolton Group
  • The Kraft Heinz Company

Customization Note

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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