Global Canned Preserved Food Market Size To Exceed USD 160.95 Billion By 2035 | CAGR of 4.47%

Global Canned Preserved Food Market Size To Exceed USD 160.95 Billion By 2035 

According to a research report published by Spherical Insights & Consulting, the Global Canned Preserved Food Market Size is Expected to Grow from USD 99.49 Billion in 2024 to USD 160.95 Billion by 2035, at a CAGR of 4.47% during the forecast period 2025-2035.

Browse key industry insights spread across 234 pages with 95 Market data tables and figures & charts from the report on the “Global Canned Preserved Food Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Canned Vegetables, Canned Fruits, Canned Soups and Broths, Canned Meat and Seafood, Canned Legumes, and Canned Ready Meals), By Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retailers, Specialty Stores, and Wholesale Distributors), By End User(Household, Food Service Industry, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035." Get Detailed Report Description Here:https://www.sphericalinsights.com/reports/canned-preserved-food-market

The canned preserved foods market is the business engaged in the manufacture, distribution, and sale of food items preserved and packaged in sealed metal cans. Canned preserved foods provide ready-to-eat or simple-to-cook meal solutions for time-conscious consumers. Their convenience and short meal preparation time meet today's fast-paced lifestyles, making eating simpler. This aspect is a major driver as an increasing number of individuals look for easy, healthy food options, providing a lift in demand worldwide. Moreover, canning keeps food intact for months or even years, minimizing spoilage and food wastage. The extended shelf life is attractive to consumers and retailers alike by assuring the availability of food during emergencies or restricted shopping excursions. Increased food security provided by canned food is a key driver of growth, particularly in developing countries. However, most canned foods include preservatives, excessive sodium, and additives to provide shelf life extension. Growing consumer knowledge regarding the ill health effects of these foods, including high blood pressure and cardiovascular disease, has promoted the trend towards fresher and less processed foods. This health trend restricts the expansion of canned preserved foods.

The canned vegetables segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.

Based on the product type, the canned preserved food market is divided into canned vegetables, canned fruits, canned soups and broths, canned meat and seafood, canned legumes, and canned ready meals. Among these, the canned vegetables segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The segmental growth is due to canning conserving vegetables' nutrients without increasing shelf life drastically. Canned vegetables are thus convenient to be consumed by consumers who look for healthy options that have extended shelf lives without spoiledness, thereby increasing their popularity and market share.

The supermarkets and hypermarkets segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.

Based on the distribution channel, the canned preserved food market is divided into supermarkets and hypermarkets, convenience stores, online retailers, specialty stores, and wholesale distributors. Among these, the supermarkets and hypermarkets segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. The growth is attributed to supermarkets and hypermarkets that tend to provide discounts, promotions, and loyalty cards on preserved foods in cans, reducing the price of products. Such attractive pricing strategies enhance consumers' purchasing power and loyalty, leading to increased sales volumes by this channel.

The household segment accounted for a significant share in 2024 and is anticipated to grow at the fastest CAGR during the forecast period.

Based on the end user, the canned preserved food market is divided into household, food service industry, and others. Among these, the household segment accounted for a significant share in 2024 and is anticipated to grow at the fastest CAGR during the forecast period. The segmental growth is due to households prefer canned foods since they are convenient and easily utilized, with little preparation. Busy lifestyles and limited cooking time make canned preserved foods ideal for ready meals and ingredients, helping families prepare nutritious dishes without much effort or time.

North America is expected to hold the majority share of the global canned preserved food market during the forecast period.

North America is expected to hold the majority share of the global canned preserved food market during the forecast period. North American consumers value convenience because of their hectic work schedules and speedy lifestyles. Canned foods provide extended shelf life, convenient preparation, and year-round supply, hence a pantry staple. The prevalent culture of eating ready-to-consume and processed foods fuels constant demand. Consumers also have faith in traditional canned food brands, which are considered consistent, affordable, and time-efficient meal options, also largely contributing to North America's market dominance.

Asia Pacific is anticipated to grow at the fastest pace in the global canned preserved food market during the forecast period. Increasing incomes in Asia Pacific are allowing an increasing number of consumers to purchase packaged and processed food items. With growing disposable incomes, consumers are ready to pay for convenience and branded foods, such as canned vegetables, fruits, meat, and seafood. This economic transition is particularly widespread in emerging countries like India, Indonesia, and Vietnam, where evolving food preferences and purchasing power are driving sales of canned preserved foods at a rapid rate.

Europe is predicted to hold a significant share of the canned preserved food market throughout the estimated period. Europe boasts a sophisticated and mature food processing industry with highly advanced canning technologies. This guarantees safe, nutritious, and high-quality canned foods. European producers spend a lot of money on innovation and quality assurance, ensuring consumer confidence. European consumers have access to a wide variety of canned foods, which cater to various tastes and dietary needs, making the region capture a large percentage of the world market.

Major vendors in the global canned preserved food market are NestlA© S.A., The Kraft Heinz Company, Del Monte Foods, Inc., Conagra Brands, Inc., Campbell Soup Company, General Mills, Inc., Hormel Foods Corporation, Dole Food Company, Inc., Ayam Brand, Bonduelle Group, Greenyard NV, JBS S.A., Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In September 2024, Nespresso launched its first-ever ready-to-drink canned coffee, following the increasing need for on-the-go drinks.

• In January 2024, Tonnino launched six new canned items, such as tuna with vegetables and tuna dips with flavors, for purposes of convenience and snacking.

Market Segment

This study forecasts revenue at the global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the canned preserved food market based on the below-mentioned segments:

Global Canned Preserved Food Market, By Product Type

• Canned Vegetables
• Canned Fruits
• Canned Soups and Broths
• Canned Meat and Seafood
• Canned Legumes
• Canned Ready Meals

Global Canned Preserved Food Market, By Distribution Channel

• Supermarkets and Hypermarkets
• Convenience Stores
• Online Retailers
• Specialty Stores
• Wholesale Distributors

Global Canned Preserved Food Market, By End User

• Household
• Food Service Industry
• Others

Global Canned Preserved Food Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

CONTACT US:

For More Information on Your Target Market, Please Contact Us Below:    

Phone: +1 303 800 4326 (the U.S.)

Phone: +91 90289 24100 (APAC)

Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com

Contact Us: https://www.sphericalinsights.com/contact-us

Follow Us: LinkedIn | Facebook | Twitter