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Global Canned Meat Market Size, Share & COVID-19 Impact Analysis, By Type (Beef, Pig, Poultry Meat and Other Meats), By Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Online Channel and Others), and Regional Forecasts, 2023-2030

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The global canned meat market size was valued at USD 30.2 billion in 2022. The market is projected to grow from USD 30.2 billion in 2022 to USD 49.3 billion by 2030, exhibiting a CAGR of 8.50% during the forecast period.
 
The market is mostly driven by the expanding urban population, which favours quick and easy meals. Also, there is a growing market for nutritious foods that are high in protein, useful fibres, vitamins, and omega-3 fatty acids. The desire for meat and seafood that is simple to prepare and products with these qualities are further boosting market sales. Because consumers are more aware of the health benefits of fish, together with the flexibility it offers in use and the lengthy timeframe of practical use, the demand for canned fish and fresh fish has consistently increased. Furthermore, customers' preferences for healthier foods, such as canned meats that are high in protein, etc., are changing as a result of increased health concerns among consumers, which is driving the market growth.
 
RECESSION IMPACT

The recession will have a significant effect on the market for canned meat. Consumers typically reduce their spending during recessions, even on luxury goods like premium cuts of meat. As a result, tinned beef may gain popularity as a more practical and inexpensive choice for customers. Consumers who want to stock up on non-perishable food goods frequently choose canned meat since it is a product that can be stored for extended periods of time and is shelf-stable, such as canned chicken, tuna, and corned beef. Canned meat is a versatile component for consumers on a budget who want to stretch their food expenses because it can be used in a variety of recipes.
 
DRIVING FACTORS

Growing Consumer Demand for Convenient Food Items is Driving Market Growth

With canned meat, you can enjoy the ease of eating food without having to prepare it or defrost it. Because they are simple to use, these goods are appropriate for those who lead hectic lives. Furthermore, it allowed customers on a tight budget to conserve electricity and keep the goods on the shelves for a long time. As a result, the simplicity of consuming foods with high nutritional content and speedy delivery is the main driver of this items' rising demand. Nevertheless, because they lack the cooking skills, millennials prefer goods like canned beef because they also seek high-quality cuisine. Additionally, a number of canned goods are sold in stores and delivered via internet channels. These variables will boost market expansion.
 
RESTRAINING FACTORS

High Cost of Canned Meat to Limit Market Growth

Manufacturers of poultry confront a number of challenges, including poor storage, transportation, and product waste, all of which reduce the value of finished goods. The machinery used in the poultry industry, including high-pressure processing, chilling, massage, and injectors, improves the efficiency of food production by lowering wastage. Unfortunately, poultry processing facilities demand significant infrastructure investments and expensive capital expenditures. This includes pack houses, cold storage locations along the value chain, cutting-edge machinery for processing processed meats that keep their nutritional value, infrastructure at port gateways with phytosanitary facilitation, and multi-modal logistics.
 
SEGMENTATION

By Type

Canned Meat Market By Type
Based on type, the canned meat market is segmented into beef, pig, poultry meat and other meats. The poultry meat category dominated the market in 2022. One of the key reasons driving the expansion of this market is the rising demand for poultry products. The demand for these items develops dramatically because chicken meat is more inexpensive and does not face the same cultural restrictions as pork and beef. The rising consumption of poultry meat is also a result of the high-quality protein and low fat content of poultry products. Global production of chicken meat reached 100,026 thousand metric tonnes in 2020, up from 92,726 thousand metric tonnes in 2018. With a consumption of 20 million tonnes, China was the market that consumed the most poultry meat in 2019, followed by the United States with 19 million tonnes.
 
By Distribution Channel

Based on distribution channel, the canned meat market is segmented into supermarkets/hypermarkets, specialty stores, online channel and others. The supermarkets/hypermarkets category dominated the market in 2022. The availability of many products that give consumers a wide range of options is a key reason in the segment's growth. The product's shelf placement and the greater availability of food items in these stores both contribute to the segment's growth. Besides, throughout the anticipated period, internet sales of canned food goods will increase dramatically. Younger people with busier lifestyles are more likely to use online channels since they make it convenient to buy food products from the comfort of their homes. Major players are also starting their own e-commerce portals to connect with customers.
 
REGIONAL INSIGHTS

Canned Meat Market BY Region 
North America is projected to hold the largest share of the canned meat market over the forecast period. The demand for packaged beef products increased as customers shifted to goods with longer shelf lives. During the COVID-19 pandemic, the supply of fresh meat products also decreased, which increased demand for canned meat products. The demand for meat products is rather strong in the area because people are growing more concerned about maintaining wellness and since meat is one of the best sources of iron, zinc, and other crucial nutrients. On the other hand, the Asia Pacific canned meat market is anticipated to grow significantly. The demand for packaged beef products is being driven by consumers' growing need for processed foods with longer shelf lives. Food processing has advanced as a result of the rapidly growing food industries in nations like China, India, Japan, Indonesia, Vietnam, and Bangladesh. This has increased product demand in the region.
 
LIST OF KEY COMPANIES PROFILED:
  • Hormel Foods Corporation (U.S.)
  • Bolton Group (Italy)
  • Bumble Bee Foods, LLC. (U.S.)
  • Crown Prince, Inc. (U.S.)
  • Danish Crown Foods (Denmark)
  • Ayam Sarl (Singapore)
  • JBS (U.S.)
  • Wild Planet Foods (U.S.)
  • American Tuna Inc. (U.S.)
  • Survivalcavefood (U.S.)
Recent Development:
  • In December 2021, to improve automation in meat operations over the next three years, Tyson Foods Inc. planned to spend more than $1.3 billion. The company will benefit from this as it expands and can produce more.
REPORT SCOPE AND SEGMENTATION
 
Attributes Details
Market Size in 2022 USD 30.2 Billion
Market Forecast in 2030 USD 49.3 Billion
Compound Annual Growth Rate 8.50 %
Unit Revenue (USD Million) and Volume (Kilo Tons)
Segmentation By Type, By Distribution Channel and By Geography
By Type
  • Beef
  • Pig
  • Poultry Meat
  • Other Meats
By Distribution Channel
  • Supermarkets/Hypermarkets
  • Specialty Stores
  • Online Channel
  • Others
By Region
  • North America: U.S and Canada
  • Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe
  • APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific
  • Latin America: Brazil, Argentina, Chile
  • The Middle East And Africa: South Africa, GCC, Rest of MEA
Base Year 2022
Historical Year 2016-2021
Forecast Year 2023-2030
Chapter 1    Preface

    1.1    Report Scope and Description
        1.1.1    Study Purpose
        1.1.2    Target Audience
        1.1.3    USP and Key Offerings
    1.2    Key Benefits for Stakeholders
    1.3    Report Scope

Chapter 2    Report Summary

    2.1    Key Findings
        2.1.1    Top Investment Pockets
    2.2    Market Snapshot: Global Canned Meat Market
    2.3    Global Canned Meat Market, 2018 – 2028 (US$ Mn)

Chapter 3    COVID 19 Impact Analysis

    3.1    Impact Assessment of COVID-19 Pandemic, By Region
        3.1.1    North America: Impact of COVID-19 Pandemic
        3.1.2    Europe: Impact of COVID-19 Pandemic
        3.1.3    Asia pacific: Impact of COVID-19 Pandemic
        3.1.4    Latin America: Impact of COVID-19 Pandemic
        3.1.5    Middle-East and Africa: Impact of COVID-19 Pandemic
    3.2    Key Strategies Undertaken by Companies to Tackle COVID-19
    3.3    Quarterly Market Revenue by Region 2021 & 2022
    3.4    Pre COVID-19 Market Revenue, By Region, 2016-2019        (USD Million)
    3.5    Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
    3.6    Short Term Dynamics
    3.7    Long Term Dynamics

Chapter 4    Global Canned Meat Market, By Type Segment Analysis

    4.1    Canned Meat Market Overview, By Type Segment
        4.1.1    Global Canned Meat Market Revenue Share, By Type, 2022 & 2028 (Value, %)
    4.2    Beef
        4.2.1    Canned Meat Market Share Forecast, By Region (USD Million)
        4.2.2    Comparative Revenue Analysis, By Country, 2021 & 2028
        4.2.3    Key Market Trends, Growth Factors, & Opportunities
    4.3    Pig
        4.3.1    Canned Meat Market Share Forecast, By Region (USD Million)
        4.3.2    Comparative Revenue Analysis, By Country, 2021 & 2028
        4.3.3    Key Market Trends, Growth Factors, & Opportunities
    4.4    Poultry Meat
        4.4.1    Canned Meat Market Share Forecast, By Region (USD Million)
        4.4.2    Comparative Revenue Analysis, By Country, 2021 & 2028
        4.4.3    Key Market Trends, Growth Factors, & Opportunities    
    4.5    Other Meats
        4.5.1    Canned Meat Market Share Forecast, By Region (USD Million)
        4.5.2    Comparative Revenue Analysis, By Country, 2021 & 2028
        4.5.3    Key Market Trends, Growth Factors, & Opportunities    
        
Chapter 5    Global Canned Meat Market, By Distribution Channel Segment Analysis

    5.1    Canned Meat Market Overview, By Distribution Channel Segment
        5.1.1    Global Canned Meat Market Revenue Share, By Distribution Channel, 2022 & 2028 (Value, %)
    5.2    Supermarkets/Hypermarkets
        5.2.1    Canned Meat Market Share Forecast, By Region (USD Million)
        5.2.2    Comparative Revenue Analysis, By Country, 2022 & 2028
        5.2.3    Key Market Trends, Growth Factors, & Opportunities
    5.3    Specialty Stores
        5.3.1    Canned Meat Market Share Forecast, By Region (USD Million)
        5.3.2    Comparative Revenue Analysis, By Country, 2022 & 2028
        5.3.3    Key Market Trends, Growth Factors, & Opportunities
    5.4    Online Channel
        5.4.1    Canned Meat Market Share Forecast, By Region (USD Million)
        5.4.2    Comparative Revenue Analysis, By Country, 2022 & 2028
        5.4.3    Key Market Trends, Growth Factors, & Opportunities
    5.5    Others
        5.5.1    Canned Meat Market Share Forecast, By Region (USD Million)
        5.5.2    Comparative Revenue Analysis, By Country, 2022 & 2028
        5.5.3    Key Market Trends, Growth Factors, & Opportunities
        
Chapter 6    Canned Meat Market – Regional Analysis, 2022 – 2028

    6.1    Canned Meat market Overview, by Region Segment
        6.1.1    Global Canned Meat market Revenue Share, By Region, 2022 & 2028
        6.1.2    Global Canned Meat Market Revenue, By Region, 2017 – 2028 (US$ Mn)
        6.1.3    Global Canned Meat market Revenue, By Type, 2017 – 2028 (US$ Mn)
        6.1.4    Global Canned Meat market Revenue, By Distribution Channel, 2017 – 2028 (US$ Mn)
    6.2    North America
        6.2.1    North America Canned Meat Market Revenue, By Country, 2018 – 2028 (US$ Mn)
        6.2.2    North America Canned Meat Market Revenue, By Type, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        6.2.3    North America Canned Meat Market Revenue, By Distribution Channel, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        6.2.4    U.S. Canned Meat Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.2.5    Canada Canned Meat Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.2.6    Mexico Canned Meat Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
    6.3    Europe
        6.3.1    Europe Canned Meat Market Revenue, By Country, 2018 – 2028 (US$ Mn)
        6.3.2    Europe Canned Meat Market Revenue, By Type, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        6.3.3    Europe Canned Meat Market Revenue, By Distribution Channel, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        6.3.4    Germany Canned Meat Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.3.5    France Canned Meat Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.3.6    U.K. Canned Meat Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.3.7    Italy Canned Meat Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.3.8    Spain Canned Meat Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.3.9    Rest of Europe Canned Meat Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
    6.4    Asia Pacific
        6.4.1    Asia Pacific Canned Meat Market Revenue, By Country, 2018 – 2028 (US$ Mn)
        6.4.2    Asia Pacific Canned Meat Market Revenue, By Type, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        6.4.3    Asia Pacific Canned Meat Market Revenue, By Distribution Channel, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        6.4.4    China Canned Meat Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.4.5    Japan Canned Meat Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.4.6    India Canned Meat Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.4.7    South Korea Canned Meat Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.4.8    South-East Asia Canned Meat Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.4.9    Rest of Asia Pacific Canned Meat Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
    6.5    Latin America
        6.5.1    Latin America Canned Meat Market Revenue, By Country, 2018 – 2028 (US$ Mn)
        6.5.2    Latin America Canned Meat Market Revenue, By Type, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        6.5.3    Latin America Canned Meat Market Revenue, By Distribution Channel, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        6.5.4    Brazil Canned Meat Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.5.5    Argentina Canned Meat Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.5.6    Rest of Latin America Canned Meat Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
    6.6    The Middle-East and Africa
        6.6.1    The Middle-East and Africa Canned Meat Market Revenue, By Country, 2018 – 2028 (US$ Mn)
        6.6.2    The Middle-East and Africa Canned Meat Market Revenue, By Type, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        6.6.3    The Middle-East and Africa Canned Meat Market Revenue, By Distribution Channel, 2018 – 2028 (US$ Mn)/(Kilo Tons)
        6.6.4    GCC Countries Canned Meat Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.6.5    South Africa Canned Meat Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)
        6.6.6    Rest of Middle-East Africa Canned Meat Market Revenue, 2018 - 2028 (US$ Mn)/ (Kilo Tons)

Chapter 7    Canned Meat Market – Industry Analysis

    7.1    Introduction
    7.2    Market Drivers
        7.2.1    Driving Factor 1 Analysis
        7.2.2    Driving Factor 2 Analysis
    7.3    Market Restraints
        7.3.1    Restraining Factor Analysis
    7.4    Market Opportunities
        7.4.1    Market Opportunity Analysis
    7.5    Porter’s Five Forces Analysis
    7.6    PEST Analysis
    7.7    Regulatory Landscape
    7.8    Technology Landscape
    7.9    Value Chain Analysis

Chapter 8    Competitive Landscape

    8.1    Company Market Share Analysis – 2022
        8.1.1    Global Canned Meat market: Company Market Share, 2022
        8.1.2    Global Canned Meat Market: Company Market Share, 2022
    8.2    Strategic Developments
        8.2.1    Acquisitions & Mergers
        8.2.2    New Product Launch
        8.2.3    Regional Expansion
    8.3    Company Strategic Developments – Heat Map Analysis

Chapter 9    Company Profiles

    9.1    Hormel Foods Corporation (U.S.)
        9.1.1    Company Overview
        9.1.2    Key Executives
        9.1.3    Product Portfolio
        9.1.4    Financial Overview
        9.1.5    Operating Business Segments
        9.1.6    Business Segment Performance
        9.1.7    Recent Developments
    9.2    Bolton Group (Italy)
    9.3    Bumble Bee Foods, LLC. (U.S.)
    9.4    Crown Prince, Inc. (U.S.)
    9.5    Danish Crown Foods (Denmark)
    9.6    Ayam Sarl (Singapore)
    9.7    JBS (U.S.)
    9.8    Wild Planet Foods (U.S.)
    9.9    American Tuna Inc. (U.S.)
    9.10    Survivalcavefood (U.S.)

Chapter 10    Research Methodology

    10.1    Research Methodology
    10.2    Phase I – Secondary Research
    10.3    Phase II - Data Modeling
        10.3.1    Company Share Analysis Model
        10.3.2    Revenue Based Modelling
    10.4    Phase III – Primary Research
    10.5    Research Limitations
        10.5.1    Assumptions
No Methodology
No Available