Global Canned Meat Market Forecast
Food And Beverages

Global Canned Meat Market Size, Drivers, Trends, Opportunities And Strategies – Includes Canned Meat Market Forecast

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

 

The increasing demand for canned seafood are expected to drive innovation in canned meat manufacturing, thus driving the market during the forecast period.

 

The global canned meat market is expected to grow from $15.47 billion in 2022 to $16.42 billion in 2023 at a compound annual growth rate (CAGR) of 6.1%. The canned meat market size is expected to grow to $20.14 billion in 2027 at a CAGR of 5.2%.

 

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Global Canned Meat Market Segments Include:

  • By Product Type: Seafood Meats, Poultry Meats, Red Meat, Other Products
  • By Application: Private Use, Commercial and Industrial Use
  • By Distribution Channel: Supermarket and Hypermarket, Specialty Store, Online, Other Distribution Channels
  • By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global canned meat market in 2021.

 

Major Market Players in the canned meat market include Xiamen Gulong Canned Food Co. Ltd., Tyson Foods Inc., Wild Planet Foods Inc., Radiant Farms Inc., Survival Cave Food, JBS S.A., Key Food Stores Co-op Inc.

 

Strategic partnerships have emerged as a key trend gaining popularity in the canned meat market. Major companies operating in the canned meat sector are focused on partnerships to strengthen their position. For instance, in October 2021, Hormel Foods Corporation, a US-based manufacturer of canned meat, partnered with The Better Meat Co, a US-based food processing company. Through this partnership, the two companies will work together to develop the next generation of great-tasting, wholesome, and sustainable alternative protein products with The Better Meat Co.’s innovative Rhiza mycoprotein ingredient. Further, in May 2021, Dada Group, a China-based on-demand delivery, and retail platform, partnered with Tyson Foods, a US-based processor and marketer of canned meat. Through this partnership, Data Group will lead the trend of the fresh meat category in the field of on-demand retail in China.

 

The Canned Meat Global Market Report 2023  provides a canned meat market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The canned meat market forecast analyzes canned meat market size, canned meat market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

 

The canned meat refers to the fresh and ready-to-eat meat preserved in cold storage. Canned meat contains proteins, omega-3 fatty acids, fibers, and other nutrients that are essential for a balanced diet. People choose canned meat because it can be stored for longer and is easier to preserve.

 

Explore Similar Reports From The Business Research Company:

Cultured Meat Global Market Report 2023

Meat Products Global Market Report 2023

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