What Has Been the Historic and Current Growth in the Canned Meat Market Size?
The canned meat market has observed a vigorous growth over the past years. For instance:
• The market size expanded from $17.27 billion in 2024 to $18.25 billion in 2025, achieving a Compound Annual Growth Rate (CAGR) of 5.7%.
Factors such as convenience and a long shelf life, utility in military and emergency rations, pandemic and crisis preparedness, affordability and usage in global exploration and expeditions have steered the growth during the historical period.
What Is the Expected Growth Forecast for the Canned Meat Market?
The canned meat market is projected to witness substantial growth in the next few years.
• The market size is anticipated to reach $24.45 billion in 2029 with a CAGR of 7.6%.
This growth can be attributed to health-conscious consumers, diverse flavor profiles, premium and gourmet options, sustainable and ethical sourcing, and trends towards e-commerce and direct-to-consumer sales. Clean label products, gourmet and artisanal offerings, plant-based and alternative proteins, premium and limited editions, and diverse meat sources are some of the leading trends in the forecast period.
What Are the Key Drivers Propelling the Growth of the Canned Meat Market?
An escalating demand for canned seafood is expected to catalyse the growth of the canned meat market. Seafood is regarded as a high-protein, easy-to-prepare food, making canned food increasingly popular. For instance, according to the IRI Worldwide seafood update report, frozen seafood sales in May 2022 outpaced fresh seafood sales, with $643 million versus $618 million, respectively. Shelf-stable seafood (canned and pouched) also experienced an uplift of 7.8%, as did volume sales. This surging demand for canned seafood is seen as a significant impetus for the growth of the canned meat market.
How Is the Canned Meat Market Segmented?
The canned meat market is segmented as –
1) By Product Type: Seafood Meats, Poultry Meats, Red Meat, Other Products
2) By Application: Private Use, Commercial and Industrial Use
3) By Distribution Channel: Supermarket and Hypermarket, Specialty Store, Online, Other Distribution Channels
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What Are the Trends Shaping the Canned Meat Market?
Major companies operating in the canned meat industry are focusing on innovative products such as vegan meats that cater to health-conscious consumers. For instance, in August 2022, Singapore-based manufacturer OTS Holdings developed a new line of plant-based canned meats, combining modern culinary techniques with traditional flavors, to cater to the growing market demand for sustainable food choices.
Who Are the Major Players In the Canned Meat Market?
The key 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.
• Crown Prince Inc.
• Bar Harbor Foods Inc.
• Zishan Group Co. Ltd.
What Are the Key Regional Insights in the Canned Meat Market?
North America held the largest share in the canned meat market in 2024. However, Asia-Pacific is projected to record the fastest growth for the forecast period. The regions examined in the canned meat market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
