The global canned meat market size is expected to grow from $14.55 billion in 2021 to $15.34 billion in 2022 at a compound annual growth rate (CAGR) of 5.4%. The global canned meats market size is expected to grow to $17.88 billion in 2026 at a CAGR of 3.9%.
What is the Global Canned Meat Market?
The canned meat market consists of sales of canned meat by entities (organizations, sole traders, and partnerships) that 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 a longer amount of time and is easier to preserve.
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What drives the Global Canned Meat Market?
The increasing demand for canned seafood is expected to propel the growth of the canned meat market going forward. Seafood refers to any type of sea life considered edible by humans, most notably fish and shellfish. People are preferring canned food because it is preserved at precise temperatures and is regarded as a high-protein, convenient food, as a result, the increasing demand for canned seafood increases the demand for the canned meat market. For instance, according to the ministry of foreign affairs in Europe, Canned tuna, the most popular canned fish in 2019, and the most important canned fish in Europe, saw an almost 12% increase in demand from January to May 2020 when compared to the same period in 2019. Therefore, the increase in demand for canned seafood drives the growth of the canned meat market.
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https://www.thebusinessresearchcompany.com/report/canned-meat-global-market-reportGlobal Canned Meat Market Segments
The global canned meat market is segmented:
By Product Type: Seafood Meats, Poultry Meats, Red Meat, Others
By Application: Private Use, Commercial and Industrial Use
By Distribution Channel: Supermarket and Hypermarket, Specialty Store, Online, Others
By Geography: The regions covered in the canned meat market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Canned Meat Global Market Report 2022provides market size and growth forecasts for the global canned meat market, global canned meat market share, canned meat market segments and geographies, canned meat market competitive landscape including leading competitors’ revenues, profiles and market shares. The canned meat market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Canned Meat Industry Playersinclude 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 Princ, Bar Harbor Foods, Zishan Group, Libby's Brand Holding, Radiant Farms, Dalian Lixiang Food, Hormel Foods Corporation, American Tuna Inc, Bumble Bee Seafoods, Maruha Nichiro Corporation, and Vion Food Group. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.