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
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.
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