Report Scope & Overview:
Canned Meat Market Size was esteemed at USD 12.84 billion out of 2021 and is supposed to arrive at USD 15.68 billion by 2028, and develop at a CAGR of 2.9% over the forecast period 2022-2028.
Canned meat is new and prepared-to-eat meat, safeguarded in cold stockpiles. Canned meat contains proteins, omega-3 unsaturated fats, filaments, and other sustenance that are fundamental for a fair eating routine. The rising well-being cognizance of individuals has driven them to favor canned meat. Among the different assortments of meat, poultry meat has the most elevated piece of the pie. It tends to be stocked up for a more drawn-out period and is simple to store. Canned meat is given with all relevant information about the item’s fixings and expiry date.
The canned meat market comprises deals of canned meat by elements (associations, sole brokers, and organizations) that allude to the new and prepared to eat meat, safeguarded in cool capacity. Canned meat contains proteins, omega-3 unsaturated fats, strands, and different supplements that are fundamental for a fair eating regimen. Individuals pick canned meat since it tends to be put away for a more extended measure of time and is simpler to protect.
The principal sorts of items in canned meat are fish meats, poultry meats, red meat, and different items. Poultry meat alludes to canned meat of chicken, goose, duck, turkey, game birds, and hare which includes freezing the meat in time at explicit temperatures. It is appropriated through general stores and hypermarkets, specialty stores, on the web, and other dissemination diverts and is utilized in a few applications like confidential use, business, and modern use.
Bar Harbor Foods - While there are genuine individuals that eat whole sticks of margarine as a bite (or world record endeavor), spread-enhanced frozen yogurt doesn't seem like the typical kind of frozen yogurt somebody would attempt. Particularly while adding real lumps of lobster meat into said frozen yogurt.
Immediately made food options
Great wellspring of protein
Unfriendly well-being impacts caused because of incessant utilization
The dynamic and quick way of life of shoppers credited to the fast urbanization
The youthful age as well as the common populace request prepared to-eat food, yet in addition supplement one-of-a-kind taste.
Overconsumption of meat can cause heftiness and overweight, prompting specific illnesses.
Impact of Covid-19:
The worldwide canned meat market emphatically affects the market notwithstanding the COVID-19 pandemic. The meat utilization examples of purchasers have changed during the pandemic. With the rising contaminations and the limitations and the limitations forced on movement, the clients are searching for items with a longer period of usability. The interest in prepared-to-eat food items soars during the COVID-19 pandemic, particularly among the customers that are not attached to preparing food. Customers pursuing the direction of telecommuting or remaining at home favored prepared-to-eat food as it is not difficult to plan and takes negligible time. Also, the offer of canned items, especially canned fish, expanded as the long period of usability of such items spoke to purchasers who were exposed to home isolations, administrative measures confining simplicity of development and different effects of government lockdowns.
By Meat Type:
Given the type, the market is divided into hamburgers, pork, poultry, and others.
The utilization of hamburgers is high in South East Asian nations, North America, and South America. Besides, hamburger meat cost is nearly higher than poultry meat and pork meat, subsequently, the hamburger section overwhelms the piece of the pie. The rising interest in poultry items is one of the critical elements adding to the development of this fragment. Since chicken meat is reasonable and doesn't have social hindrances like pork and hamburger, the interest in these items increments altogether. Poultry items have top-notch protein and low-fat levels, which additionally add to the expanded utilization of poultry meat.
By Distribution Channel Analysis
Online Retail Channels Segment to Exhibit Fastest Growth. The general stores/hypermarkets portion holds a prevailing piece of the pie in the worldwide market. The main consideration adding to the section's development is the accessibility of numerous items that furnish the customers with the plentiful decision. Rack course of action of the item and higher accessibility of food items in these stores additionally support the portion's development.
The deals of canned food items through internet-based channels would rise altogether during the estimated time frame. Since online channel gives the accommodation to buy food items from the solace of home, the more youthful populace with a more occupied way of life would be the most elevated buyer utilizing these channels. Moreover, the key part is opening their internet business entries to contact clients.
Key Market Segmentation:
By Meat Type:
By Distribution Channel:
Supermarket & Hypermarket
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
Asia-Pacific is the quickest developing area for canned meat, especially canned fish/fish and organic products. Canned crab meat is vigorously imported by nations like Japan, Korea, and China. Besides, the food presence of significant general stores like 7-Eleven, E-shop, Big C, and others, as well as the rising web infiltration, and online market for the acquisition of canned meat items, are driving the business sector development. The nation part of the canned meat market report additionally gives individual market affecting elements and changes in the guideline in the market locally that influences the current and future patterns of the market. The information focuses, for example, on utilization volumes, creation locales and volumes, import sends out an investigation, cost pattern examination, cost of unrefined components, downstream and upstream worth chain examination are a portion of the significant pointers used to conjecture the market situation for individual nations. Furthermore, the presence and availability of overall brands and their moves looked on account of tremendous or insufficient contention from neighboring and local brands, the impact of local charges and shipping lanes are considered while giving figure investigation of the nation information.
JBS, Hormel Foods Corp., Tyson Foods, Inc., Wild Planet Foods, Bolton Group, Vion Food Group, Mundella Foods, Campbell Soup Company, Smithfield Foods, Valleyfresh Global
|Market Size in 2021||US$ 12.84 Billion|
|Market Size by 2028||US$ 15.68 Billion|
|CAGR||CAGR 2.9% From 2022 to 2028|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• by Product Type (Seafood Meats, Poultry Meats, Red Meat, and Other Product Types)
• by Distribution Channel (Off-Trade and On-Trade)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, +D11UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||JBS, Hormel Foods Corp., Tyson Foods, Inc., Wild Planet Foods, Bolton Group, Vion Food Group, Mundella Foods, Campbell Soup Company, Smithfield Foods, Valleyfresh Global|
|Key Drivers||•Immediately made food options.
•Great wellspring of protein.
|Market Challenges||•Overconsumption of meat can cause heftiness and overweight, prompting specific illnesses.|
Frequently Asked Questions (FAQ) :
Ans: The Online segment is projected to make a foothold in the worldwide Canned Meat Market.
Ans: Immediately made food options and the dynamic and quick way of life of shoppers credited to the fast urbanization are the elements driving and resulting in opportunities for the Canned Meat Market.
Ans: Meat Type and Distribution Channel Analysis segments are covered in the Canned Meat Market.
Ans: Manufacturers, Research Institutes, university libraries, suppliers, and distributors of the product.
Ans: The Global Canned Meat Market Size was esteemed at USD 12.84 billion out of 2021
Table of Contents:
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 Covid 19 Impact Analysis
4.2 Impact of the Ukraine and Russia war
5. Value chain analysis
6. Porter’s 5 forces model
7. PEST analysis
8. Global Canned Meat Market segmentation, by Meat Type
9. Global Canned Meat Market segmentation, by Distribution Channel
9.1 Supermarket & Hypermarket
9.2 Specialty Store
10. Global Canned Meat Market, by region/ country
10.2 North America
10.3.6 The Netherlands
10.3.7 Rest of Europe
10.4.2 South Korea
10.4.6 Rest of Asia-Pacific
10.5 The Middle East & Africa
10.5.3 South Africa
10.6 Latin America
10.6.3 Rest of Latin America
11. Company profiles
11.1.2 Products/ Services Offered
11.1.3 Swot Analysis
11.1.4 The SNS View
11.2 Hormel Foods Corp.
11.3 Tyson Foods, Inc.
11.4 Wild Planet Foods
11.5 Bolton Group
11.6 Vion Food Group
11.7 Mundella Foods
11.8 Campbell Soup Company
11.9 Smithfield Foods
11.10 Valleyfresh Global
12. Competitive Landscape
12.1 Competitive Bench Marking
12.2 Market Share Analysis
12.3 Recent Developments
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