DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Canned Food Market - Growth, Trends, and Forecasts (2016 - 2021)" report to their offering.
The global canned food industry is expected to reach USD 105 billion by 2021, growing at a CAGR growth of 3.8%. Brand image and customer loyalty are considered important for the continuous growth of the global canned food industry. Innovative product offerings with a focus on convenience, quality and eco-friendliness are expected to drive the market growth.
The long shelf-life of canned food products and the convenience offered by them act as the major growth drivers for the industry. The changing consumer patterns in terms of food habits due to the influence of western culture have also fueled the demand for canned food in the Asia-Pacific and South American regions. The excess sugar and salt content in food items may lead to significant health issues that can create hurdles for market growth. New product development, high investment in R&D and growing demand in the developing world are growth opportunities for the canned food industry.
The global canned food market is segmented on the basis of product type into meat products, fish/seafood, vegetables, fruit, ready to eat meals, desserts, pasta/noodles, cooking sauces and soups. The fish and seafood segment is reported to be the fastest growing, given the high demand, sustainably sourced products and proper value additions within the sector.
Some of the major players in the market include:
- Atria Group
- Bolton Group International
- ConAgra Foods Inc.
- Del Monte Foods
- H.J. Heinz Company
- Pinnacle Foods
Key Topics Covered:
2. Research Approach & Methodology
3. Market Overview
4. Market Segmentation
5. Competitive Landscape
6. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/zccsvm/global_canned