Canned Meat Market by Meat Type (Pork, Poultry, Beef, Seafood, and Others), Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others): Global Market Size Estimates and Forecast (2022-2030)

Code: BMIRE00026645 | Pages: 100 | Industry: Food and Beverages | Date: Oct 2022 | Type: Global

The market crossed US$ 34.5 billion mark in 2022 and is expected to hit US$ 48.0 billion by 2030, recording a CAGR of 4.0% during the forecast period.

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Increasing demand for protein-rich canned meat to drive market growth 

Increasing demand for protein-rich seafood items is expected to drive market growth. In addition, increasing household income and their busy lifestyle are expected to ease the demand for ready-to-cook packed food items and favor the product demand. Besides, governmental support in building the food packaging manufacturing facilities is likely to increase the canned food products supply rate, thereby supporting the market growth.  

Within the report, the global canned meat market is segmented based on meat type, distribution channel, and geography. The global market is further segmented by meat type into pork, poultry, beef, seafood, and others. By distribution channel, the market is segmented into hypermarkets & supermarkets, speciality stores, online retail, and others. Geographically, the global market is sub-segmented into North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa.

Advancement in the canned meat products packaging to augment market growth

Increasing consumer preference for flavored and seasoned meat products is likely to offer newer market growth prospects. Manufacturers focus on utilizing food packaging cans that better support the meat foods’ shelf life. In addition, they use various plant-based extracts such as green tea, acerola extract, and rosemary to increase the products’ shelf life. These companies’ efforts are likely to offer new growth opportunities. Significant demand for poultry meat products results in the poultry segment generating considerable product revenues.

Significant consumption of meat food products results in the North America region dominating the market

Significant consumption of meat products among the population in the US and Canada mainly results in the North America region holding a significant market share. According to the data presented by Canada Beef Association, in 2020, per capita, beef consumption in Canada reached 18 kg. retail weight, 1.5% up over 2019. In addition, increasing demand for frozen and processed food items among Americans results in significant product revenues from the North America region.    

Recent strategic developments in the canned meat market

The canned meat market has undergone several significant developments, and a few of these have been mentioned below:

  • In September 2021, Lakeside Foods Inc., a canned food product processor, acquired CherMake Sausage Co. to expand its presence in the premium canned meat products business.
  • In August 2021, The Bolton Group, an Italian conglomerate products maker, acquired Wild Planet Foods Inc., a sustainable caught canned seafood maker, to expand its presence in the canned meat market.

The canned meat market is driven by several players implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. American Tuna, Inc., Wild Planet Foods, Bumble Bee Seafoods, Maruha Nichiro Corporation, and Vion Food Group are the prominent players operating in the market.

The target audience for the report:

  • Canned meat food manufacturers
  • Canned meat food suppliers
  • Canned meat food distributors and exporters
  • Food manufacturers and suppliers
  • Food & beverages industry-related associations, organizations, forums, and alliances
  • Government bodies, such as policymakers and regulating authorities
  • Venture capitalists, private equity firms, and start-up companies
  • Research institutes, organizations, and consulting companies

Scope of the report:

In this report, the global market has been segmented based on:

  • Meat Type:
    • Pork
    • Poultry
    • Beef
    • Seafood
    • Others
  • Distribution Channel:
    • Supermarkets & Hypermarkets
    • Specialty Stores
    • Online Retail
    • Others    
  • Region
    • North America
    • Europe
    • Asia Pacific (APAC)
    • South & Central America
    • Middle East & Africa
  • Companies profiled
  • American Tuna, Inc.
  • Wild Planet Foods
  • Bumble Bee Seafoods
  • Maruha Nichiro Corporation
  • Vion Food Group  

The List of Companies
- American Tuna, Inc.
- Wild Planet Foods
- Bumble Bee Seafoods
- Maruha Nichiro Corporation
- Vion Food Group

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