What Has Been the Growth of the Canned And Ambient Food Market So Far?
The canned and ambient food market has seen considerable growth due to a variety of factors.
• In recent years, significant growth has been observed in the market size of canned and ambient food. The projection is an expansion from $245.64 billion in 2024 to $261.82 billion in 2025, corresponding to a compound annual growth rate (CAGR) of 6.6%.
Factors such as long-lasting shelf life, technological advancements in food preservation, convenience and portability, use in military and emergency supplies, and worldwide food distribution have contributed to this growth during the historic period.
What Are the Future Growth Projections for the Canned And Ambient Food Market in the Coming Years?
The canned and ambient food market is expected to maintain its strong growth trajectory in upcoming years.
• The market size for canned and ambient food is forecasted to surge dramatically in the coming years, reaching $335.07 billion in 2029 with an annual growth rate (CAGR) of 6.4%.
Factors contributing to this growth during the projected period include health and nutritional advantages, sustainable packaging that is also environmentally friendly, a wide variety of food choices, digital advertising, and online shopping, as well as functional and convenient food types. The forecast period will also see trends like plant-based and vegan alternatives, international and ethnic tastes, products with unambiguous labels, portion-controlled and single-serve items, along with ready-to-eat and microwaveable meals.
Which Key Drivers Are Propelling The Canned And Ambient Food Market's Growth?
The global trend of plummeting crop prices due to overproduction has been observed in numerous countries. This scenario is likely to lead to a decrease in raw material expenses for firms in the food and beverage sector. A notable example is the event in November 2022, as reported by Frontline magazine based in India, when the Cabinet Committee on Economic Affairs declared a relief fund of Rs 7000 crore for those engaged in the sugar industry. This step was taken to establish a minimum sale price for refined sugar at Rs 29 per kilogram (with prices recently falling to Rs 23-24 due to surplus production) and to set up a reserve of 3 million tonnes of sugar for a year's duration. Therefore, the excess production of certain crops could potentially result in increased profit margins for companies in the food and beverage industry. Such profit augmentation could be achieved if companies involved in ambient food production enhance their efficiency and consequently propel market growth.
What Are The Major Segments Within The Global Canned And Ambient Food Market?
The canned and ambient food market covered in this report is segmented –
1) By Type: Fruit And Vegetable Canning, Specialty Canning, Dried And Dehydrated Food
2) By Application: Food, Snacks, Intermediate Products, Condiments, Other Applications
3) By Distribution Channel: Super markets Or Hyper markets, Convenience Stores, E-Commerce, Other Distribution Channels
Subsegments:
1) By Fruit And Vegetable Canning: Canned Fruits, Canned Vegetables, Canned Juices, Other Canned Fruits And Vegetables,
2) By Specialty Canning: Canned Meat And Poultry, Canned Seafood, Canned Ready-To-Eat Meals, Canned Soups And Stews, Canned Beans And Legumes, Other Specialty Canning Products
3) By Dried And Dehydrated Food: Dried Fruits, Dried Vegetables, Dried Meats, Dehydrated Soups And Broths, Instant Dried Meals, Other Dried And Dehydrated Foods
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Which Trends Are Expected To Transform The Canned And Ambient Food Market?
Several producers of canned and ambient foods are incorporating organic fruits and vegetables in their products to align with the shifting consumer demand for organic fruits and vegetables that are free from pesticides. Organic canned fruits and vegetables are nearly devoid of pesticides and fertilizers, making them relatively safer and healthier compared to traditionally grown foods. A few companies that specialize in organic canned food products comprise of Simpletruth, Native Forest, and Naturz Organics.
Who Are the Key Players In The Canned And Ambient Food Market?
Major companies operating in the canned and ambient food market include:
• Nestle S.A.
• Abbott Laboratories
• The Campbell Soup Company
• Unilever plc
• The Kraft Heinz Company
• Del Monte Pacific Limited
• Bonduelle Group
• Seneca Foods Corporation
• La Doria S.p.A.
• Associated British Foods plc.
• The Agropur diary Co-operative
• Ayam Brand
• B&G Foods Inc.
• Baxters Food Group Limited
• Blair's Sauces and Snacks
• Casa Sanchez Foods
• Century Pacific Food Inc.
• Charles Chips
• Conagra Brands Inc.
• Cott Corporation
• Dole Food Company
• Elmer's Fine Foods Inc.
• General Mills Inc.
• Golden Flake
• The Calvo Group
• Hain Celestial Group
• J & J Snack Foods Corporation
• JBS S.A.
• Kellogg's Co.
• Mike-sell's potato chip company
• Premier Foods Group Limited
• Thai Union Group PCL.
What Is The Most Dominant Region In The Canned And Ambient Food Market?
Western Europe was the largest region in the canned and ambient food market in 2023. North America was the second-largest region in the canned and ambient food market. The regions covered in the canned and ambient food market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
