The global canned and ambient food market size is expected to grow from $176.14 billion in 2021 to $191.98 billion in 2022 at a compound annual growth rate (CAGR) of 9.0%. The canned and ambient food market size is expected to grow to $258.05 billion in 2026 at a CAGR of 7.7%.
What is the Global Canned And Ambient Food Market?
The fruit and vegetable canning, pickling, and drying market consists of sales of canned, pickled, and dried vegetables, fruits, and specialty foods by entities (organizations, sole traders, and partnerships) that produce canned, pickled, and dried vegetables, fruits and specialty foods. These establishments may package the dried or dehydrated ingredients they make along with other purchased ingredients. The companies in the industry package and distribute their products through various distribution channels to both individual customers and commercial establishments.
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What drives the Global Canned And Ambient Food Market?
Many countries across the globe are experiencing falling prices of crops due to overcapacity; this is expected to result in low raw material costs for food and beverage companies. For example, the Indian government spent $873 million to subsidize the export of sugar as a result of the overproduction of sugarcane, thereby reducing prices. Thus, overproduction of certain crops is likely to result in higher profit margins for food and beverage companies. Higher profit margins will be canned and ambient food manufacturing companies to increase their productivity and drive the market going forward.
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Global Canned And Ambient Food Market Segments
The global canned and ambient food market is segmented:
By Type: Fruit and Vegetable Canning, Specialty Canning, Dried and Dehydrated Food
By Application: Food, Snacks, Intermediate Products, Condiments, Others
By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others
By Geography: The regions covered in the canned and ambient food market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Canned And Ambient Food Global Market Report 2022provides market size and growth forecasts for the global canned and ambient food market, global canned and ambient food market share, canned and ambient food market segments and geographies, canned and ambient food market competitive landscape including leading competitors’ revenues, profiles and market shares. The canned and ambient food market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Canned And Ambient Food Industry Playersinclude 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., and Associated British Foods plc. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
