The Global Canned Food Market size is expected to reach $151.3 billion by 2031, rising at a market growth of 3.7% CAGR during the forecast period. In the year 2023, the market attained a volume of 8,654.2 Kilo Tonnes Quintal experiencing a growth of 14.1% (2020-2023).
Convenience stores offer quick and easy access to a variety of these food products, making them a convenient option for consumers with busy lifestyles or limited time for grocery shopping. Consequently, the convenience stores segment would acquire nearly 16% of the total market share by 2031. Also, the Russian convenience stores would register 98.12 kilo tonnes of volume by 2031. These stores are typically located in accessible locations, such as urban areas, gas stations, and transportation hubs, allowing consumers to purchase these foods on-the-go or during their daily commutes.
Modern lifestyles are becoming increasingly hectic, with many consumers juggling work, family, and social commitments. Also, ready-to-eat meals cater to the needs of consumers who are often on the go and require portable meal options. Thus, the increasing demand for ready-to-eat meals drives the market's growth. Additionally, this food stays safe for extended periods, often years on the shelf. This minimizes food wastage, both among consumers and within commercial operations. In addition, this food is a critical element in emergency preparedness. With a long shelf life and no refrigeration required, canned goods provide a safe and reliable food source during natural disasters or power outages. Therefore, the long shelf life of this food is driving the market's growth.
However, this food production involves using raw materials such as meat, vegetables, and grains, which can be expensive to source and procure. In addition, this food products require specialized packaging materials, such as cans, lids, and labels, which can add to the overall production cost. Hence, high production costs are impeding the growth of the market.
Type Outlook
On the basis of type, the market is segmented into organic and conventional. In 2023, the organic segment attained 13.4% revenue share in the market. In terms pof voule, the organic segment recorded 1,049.1 kilo tonnes in 2023. Consumers are becoming increasingly mindful of the health advantages linked to organic foods. Organic canned foods are perceived as free from fertilizers, synthetic pesticides, and genetically modified organisms (GMOs), appealing to those seeking healthier and more natural food options.
Distribution Channel Outlook
By distribution channel, the market is divided into hypermarkets & supermarkets, convenience stores, online, food service, and others. The food service segment procured 25% revenue share in the market in 2023. This food offer versatility in menu planning and recipe development. They serve as versatile ingredients, suitable for a broad spectrum of dishes, including soups, stews, salads, and desserts.
Product Outlook
Based on product, the market is divided into canned fruits & vegetables, canned meat products, canned fish & seafoods, canned ready meals, canned condiments, and others. The canned fish & seafoods segment attained 22% revenue share in the market in 2023. In terms of Volume, the canned fish & seafoods segment recorded 1,155.3 kilo tonnes in 2023. Canned fish and seafood are rich sources of vital nutrients such as vitamins, protein, and minerals. Health-conscious consumers increasingly recognize the benefits of including fish and seafood in their diets, driving demand for convenient canned options.
Regional Outlook
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Europe region witnessed 36% revenue share in the market in 2023. In Europe, where agricultural production is affected by seasonal variations and weather conditions, canned food provides a reliable source of nutrition year-round. Canning preserves food at peak freshness, allowing consumers to access a variety of fruits, vegetables, and other food items regardless of seasonal availability.
List of Key Companies Profiled
- F.C.F. Fishery Co., Ltd. (Bumble Bee Foods, LLC)
- Conagra Brands, Inc.
- The Kraft Heinz Company
- Hormel Foods Corporation (MegaMex Foods, LLC)
- Campbell Soup Company
- Del Monte Pacific Limited
- Thai Union Group PLC
- Dole Food Company, Inc.
- Bonduelle S.A.
- McCormick & Company, Inc.
Global Canned Food Market Report Segmentation
By Type (Volume, Kilo Tonnes, USD Billion, 2020-31)
By Distribution Channel (Volume, Kilo Tonnes, USD Billion, 2020-31)
- Hypermarkets & Supermarkets
- Food Service
- Convenience Stores
- Online
- Others
By Product (Volume, Kilo Tonnes, USD Billion, 2020-31)
- Canned Fruits & Vegetables
- Canned Fish & Seafoods
- Canned Meat Products
- Canned Ready Meals
- Canned Condiments
- Others
By Geography (Volume, Kilo Tonnes, USD Billion, 2020-31)
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Global Canned Food Market, by Type
- 1.4.2 Global Canned Food Market, by Distribution Channel
- 1.4.3 Global Canned Food Market, by Product
- 1.4.4 Global Canned Food Market, by Geography
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter Five Forces Analysis
Chapter 4. Global Canned Food Market by Type
- 4.1 Global Conventional Market by Region
- 4.2 Global Organic Market by Region
Chapter 5. Global Canned Food Market by Distribution Channel
- 5.1 Global Hypermarkets & Supermarkets Market by Region
- 5.2 Global Food Service Market by Region
- 5.3 Global Convenience Stores Market by Region
- 5.4 Global Online Market by Region
- 5.5 Global Others Market by Region
Chapter 6. Global Canned Food Market by Product
- 6.1 Global Canned Fruits & Vegetables Market by Region
- 6.2 Global Canned Fish & Seafoods Market by Region
- 6.3 Global Canned Meat Products Market by Region
- 6.4 Global Canned Ready Meals Market by Region
- 6.5 Global Canned Condiments Market by Region
- 6.6 Global Others Market by Region
Chapter 7. Global Canned Food Market by Region
- 7.1 North America Canned Food Market
- 7.1.1 North America Canned Food Market by Type
- 7.1.1.1 North America Conventional Market by Country
- 7.1.1.2 North America Organic Market by Country
- 7.1.2 North America Canned Food Market by Distribution Channel
- 7.1.2.1 North America Hypermarkets & Supermarkets Market by Country
- 7.1.2.2 North America Food Service Market by Country
- 7.1.2.3 North America Convenience Stores Market by Country
- 7.1.2.4 North America Online Market by Country
- 7.1.2.5 North America Others Market by Country
- 7.1.3 North America Canned Food Market by Product
- 7.1.3.1 North America Canned Fruits & Vegetables Market by Country
- 7.1.3.2 North America Canned Fish & Seafoods Market by Country
- 7.1.3.3 North America Canned Meat Products Market by Country
- 7.1.3.4 North America Canned Ready Meals Market by Country
- 7.1.3.5 North America Canned Condiments Market by Country
- 7.1.3.6 North America Others Market by Country
- 7.1.4 North America Canned Food Market by Country
- 7.1.4.1 US Canned Food Market
- 7.1.4.1.1 US Canned Food Market by Type
- 7.1.4.1.2 US Canned Food Market by Distribution Channel
- 7.1.4.1.3 US Canned Food Market by Product
- 7.1.4.2 Canada Canned Food Market
- 7.1.4.2.1 Canada Canned Food Market by Type
- 7.1.4.2.2 Canada Canned Food Market by Distribution Channel
- 7.1.4.2.3 Canada Canned Food Market by Product
- 7.1.4.3 Mexico Canned Food Market
- 7.1.4.3.1 Mexico Canned Food Market by Type
- 7.1.4.3.2 Mexico Canned Food Market by Distribution Channel
- 7.1.4.3.3 Mexico Canned Food Market by Product
- 7.1.4.4 Rest of North America Canned Food Market
- 7.1.4.4.1 Rest of North America Canned Food Market by Type
- 7.1.4.4.2 Rest of North America Canned Food Market by Distribution Channel
- 7.1.4.4.3 Rest of North America Canned Food Market by Product
- 7.2 Europe Canned Food Market
- 7.2.1 Europe Canned Food Market by Type
- 7.2.1.1 Europe Conventional Market by Country
- 7.2.1.2 Europe Organic Market by Country
- 7.2.2 Europe Canned Food Market by Distribution Channel
- 7.2.2.1 Europe Hypermarkets & Supermarkets Market by Country
- 7.2.2.2 Europe Food Service Market by Country
- 7.2.2.3 Europe Convenience Stores Market by Country
- 7.2.2.4 Europe Online Market by Country
- 7.2.2.5 Europe Others Market by Country
- 7.2.3 Europe Canned Food Market by Product
- 7.2.3.1 Europe Canned Fruits & Vegetables Market by Country
- 7.2.3.2 Europe Canned Fish & Seafoods Market by Country
- 7.2.3.3 Europe Canned Meat Products Market by Country
- 7.2.3.4 Europe Canned Ready Meals Market by Country
- 7.2.3.5 Europe Canned Condiments Market by Country
- 7.2.3.6 Europe Others Market by Country
- 7.2.4 Europe Canned Food Market by Country
- 7.2.4.1 Germany Canned Food Market
- 7.2.4.1.1 Germany Canned Food Market by Type
- 7.2.4.1.2 Germany Canned Food Market by Distribution Channel
- 7.2.4.1.3 Germany Canned Food Market by Product
- 7.2.4.2 UK Canned Food Market
- 7.2.4.2.1 UK Canned Food Market by Type
- 7.2.4.2.2 UK Canned Food Market by Distribution Channel
- 7.2.4.2.3 UK Canned Food Market by Product
- 7.2.4.3 France Canned Food Market
- 7.2.4.3.1 France Canned Food Market by Type
- 7.2.4.3.2 France Canned Food Market by Distribution Channel
- 7.2.4.3.3 France Canned Food Market by Product
- 7.2.4.4 Russia Canned Food Market
- 7.2.4.4.1 Russia Canned Food Market by Type
- 7.2.4.4.2 Russia Canned Food Market by Distribution Channel
- 7.2.4.4.3 Russia Canned Food Market by Product
- 7.2.4.5 Spain Canned Food Market
- 7.2.4.5.1 Spain Canned Food Market by Type
- 7.2.4.5.2 Spain Canned Food Market by Distribution Channel
- 7.2.4.5.3 Spain Canned Food Market by Product
- 7.2.4.6 Italy Canned Food Market
- 7.2.4.6.1 Italy Canned Food Market by Type
- 7.2.4.6.2 Italy Canned Food Market by Distribution Channel
- 7.2.4.6.3 Italy Canned Food Market by Product
- 7.2.4.7 Rest of Europe Canned Food Market
- 7.2.4.7.1 Rest of Europe Canned Food Market by Type
- 7.2.4.7.2 Rest of Europe Canned Food Market by Distribution Channel
- 7.2.4.7.3 Rest of Europe Canned Food Market by Product
- 7.3 Asia Pacific Canned Food Market
- 7.3.1 Asia Pacific Canned Food Market by Type
- 7.3.1.1 Asia Pacific Conventional Market by Country
- 7.3.1.2 Asia Pacific Organic Market by Country
- 7.3.2 Asia Pacific Canned Food Market by Distribution Channel
- 7.3.2.1 Asia Pacific Hypermarkets & Supermarkets Market by Country
- 7.3.2.2 Asia Pacific Food Service Market by Country
- 7.3.2.3 Asia Pacific Convenience Stores Market by Country
- 7.3.2.4 Asia Pacific Online Market by Country
- 7.3.2.5 Asia Pacific Others Market by Country
- 7.3.3 Asia Pacific Canned Food Market by Product
- 7.3.3.1 Asia Pacific Canned Fruits & Vegetables Market by Country
- 7.3.3.2 Asia Pacific Canned Fish & Seafoods Market by Country
- 7.3.3.3 Asia Pacific Canned Meat Products Market by Country
- 7.3.3.4 Asia Pacific Canned Ready Meals Market by Country
- 7.3.3.5 Asia Pacific Canned Condiments Market by Country
- 7.3.3.6 Asia Pacific Others Market by Country
- 7.3.4 Asia Pacific Canned Food Market by Country
- 7.3.4.1 China Canned Food Market
- 7.3.4.1.1 China Canned Food Market by Type
- 7.3.4.1.2 China Canned Food Market by Distribution Channel
- 7.3.4.1.3 China Canned Food Market by Product
- 7.3.4.2 Japan Canned Food Market
- 7.3.4.2.1 Japan Canned Food Market by Type
- 7.3.4.2.2 Japan Canned Food Market by Distribution Channel
- 7.3.4.2.3 Japan Canned Food Market by Product
- 7.3.4.3 India Canned Food Market
- 7.3.4.3.1 India Canned Food Market by Type
- 7.3.4.3.2 India Canned Food Market by Distribution Channel
- 7.3.4.3.3 India Canned Food Market by Product
- 7.3.4.4 South Korea Canned Food Market
- 7.3.4.4.1 South Korea Canned Food Market by Type
- 7.3.4.4.2 South Korea Canned Food Market by Distribution Channel
- 7.3.4.4.3 South Korea Canned Food Market by Product
- 7.3.4.5 Australia Canned Food Market
- 7.3.4.5.1 Australia Canned Food Market by Type
- 7.3.4.5.2 Australia Canned Food Market by Distribution Channel
- 7.3.4.5.3 Australia Canned Food Market by Product
- 7.3.4.6 Malaysia Canned Food Market
- 7.3.4.6.1 Malaysia Canned Food Market by Type
- 7.3.4.6.2 Malaysia Canned Food Market by Distribution Channel
- 7.3.4.6.3 Malaysia Canned Food Market by Product
- 7.3.4.7 Rest of Asia Pacific Canned Food Market
- 7.3.4.7.1 Rest of Asia Pacific Canned Food Market by Type
- 7.3.4.7.2 Rest of Asia Pacific Canned Food Market by Distribution Channel
- 7.3.4.7.3 Rest of Asia Pacific Canned Food Market by Product
- 7.4 LAMEA Canned Food Market
- 7.4.1 LAMEA Canned Food Market by Type
- 7.4.1.1 LAMEA Conventional Market by Country
- 7.4.1.2 LAMEA Organic Market by Country
- 7.4.2 LAMEA Canned Food Market by Distribution Channel
- 7.4.2.1 LAMEA Hypermarkets & Supermarkets Market by Country
- 7.4.2.2 LAMEA Food Service Market by Country
- 7.4.2.3 LAMEA Convenience Stores Market by Country
- 7.4.2.4 LAMEA Online Market by Country
- 7.4.2.5 LAMEA Others Market by Country
- 7.4.3 LAMEA Canned Food Market by Product
- 7.4.3.1 LAMEA Canned Fruits & Vegetables Market by Country
- 7.4.3.2 LAMEA Canned Fish & Seafoods Market by Country
- 7.4.3.3 LAMEA Canned Meat Products Market by Country
- 7.4.3.4 LAMEA Canned Ready Meals Market by Country
- 7.4.3.5 LAMEA Canned Condiments Market by Country
- 7.4.3.6 LAMEA Others Market by Country
- 7.4.4 LAMEA Canned Food Market by Country
- 7.4.4.1 Brazil Canned Food Market
- 7.4.4.1.1 Brazil Canned Food Market by Type
- 7.4.4.1.2 Brazil Canned Food Market by Distribution Channel
- 7.4.4.1.3 Brazil Canned Food Market by Product
- 7.4.4.2 Argentina Canned Food Market
- 7.4.4.2.1 Argentina Canned Food Market by Type
- 7.4.4.2.2 Argentina Canned Food Market by Distribution Channel
- 7.4.4.2.3 Argentina Canned Food Market by Product
- 7.4.4.3 UAE Canned Food Market
- 7.4.4.3.1 UAE Canned Food Market by Type
- 7.4.4.3.2 UAE Canned Food Market by Distribution Channel
- 7.4.4.3.3 UAE Canned Food Market by Product
- 7.4.4.4 Saudi Arabia Canned Food Market
- 7.4.4.4.1 Saudi Arabia Canned Food Market by Type
- 7.4.4.4.2 Saudi Arabia Canned Food Market by Distribution Channel
- 7.4.4.4.3 Saudi Arabia Canned Food Market by Product
- 7.4.4.5 South Africa Canned Food Market
- 7.4.4.5.1 South Africa Canned Food Market by Type
- 7.4.4.5.2 South Africa Canned Food Market by Distribution Channel
- 7.4.4.5.3 South Africa Canned Food Market by Product
- 7.4.4.6 Nigeria Canned Food Market
- 7.4.4.6.1 Nigeria Canned Food Market by Type
- 7.4.4.6.2 Nigeria Canned Food Market by Distribution Channel
- 7.4.4.6.3 Nigeria Canned Food Market by Product
- 7.4.4.7 Rest of LAMEA Canned Food Market
- 7.4.4.7.1 Rest of LAMEA Canned Food Market by Type
- 7.4.4.7.2 Rest of LAMEA Canned Food Market by Distribution Channel
- 7.4.4.7.3 Rest of LAMEA Canned Food Market by Product
Chapter 8. Company Profiles
- 8.1 F.C.F. Fishery Co., Ltd (Bumble Bee Foods, LLC)
- 8.2 Conagra Brands, Inc.
- 8.2.1 Company Overview
- 8.2.2 Financial Analysis
- 8.2.3 Segmental Analysis
- 8.2.4 Research & Development Expenses
- 8.2.5 Recent strategies and developments:
- 8.2.5.1 Partnerships, Collaborations, and Agreements:
- 8.2.6 SWOT Analysis
- 8.3 The Kraft Heinz Company
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Regional Analysis
- 8.3.4 Research & Development Expense
- 8.3.5 Recent strategies and developments:
- 8.3.5.1 Acquisition and Mergers:
- 8.3.6 SWOT Analysis
- 8.4 Hormel Foods Corporation
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Segmental and Regional Analysis
- 8.4.4 Research & Development Expenses
- 8.4.4.1 Acquisition and Mergers:
- 8.4.5 SWOT Analysis
- 8.5 Campbell Soup Company
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Segmental Analysis
- 8.5.4 Research & Development Expenses
- 8.5.5 Recent strategies and developments:
- 8.5.5.1 Acquisition and Mergers:
- 8.5.6 SWOT Analysis
- 8.6 Del Monte Pacific Limited
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Segmental and Regional Analysis
- 8.6.4 Research & Development Expense
- 8.6.5 Recent strategies and developments:
- 8.6.5.1 Acquisition and Mergers:
- 8.6.6 SWOT Analysis
- 8.7 Thai Union Group PLC
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Segmental and Regional Analysis
- 8.7.4 Research & Development Expense
- 8.7.5 SWOT Analysis
- 8.8 Dole plc
- 8.8.1 Company Overview
- 8.8.2 Financial Analysis
- 8.8.3 Segmental and Regional Analysis
- 8.8.4 Research & Development Expenses
- 8.8.5 Recent strategies and developments:
- 8.8.5.1 Acquisition and Mergers:
- 8.8.6 SWOT Analysis
- 8.9 Bonduelle S.A.
- 8.9.1 Company Overview
- 8.9.2 Financial Analysis
- 8.9.3 Segmental and Regional Analysis
- 8.10. McCormick & Company, Inc.
- 8.10.1 Company Overview
- 8.10.2 Financial Analysis
- 8.10.3 Segmental and Regional Analysis
- 8.10.4 Research & Development Expense
- 8.10.5 Recent strategies and developments:
- 8.10.5.1 Acquisition and Mergers:
- 8.10.6 SWOT Analysis
Chapter 9. Winning Imperatives of Canned Food Market