Global Canned Meat Market is valued at around USD 12.8 billion in 2022 and is expected to reach USD 24.2 billion by 2030, registering a CAGR of 6.6% over the forecast period.
To sterilise the food and package it in a can or jar, canned meat is heated through a process called pasteurisation. Seafood meats, poultry meats, and live animal meats are the three main types of canned meats. The other group consists of refined animal components like offal, which is sometimes found in canned meats. A well-known source of proteins, vitamins, and minerals that promote healthy living is canned meat.
Meat that has been kept in cans or tins is referred to as canned meat. Meat is typically cut and processed into cans for long-term preservation, whether it is cooked or raw. It is a great source of nutrients when fresh meat is not an option because it is packed with critical elements including proteins, omega-3 fatty acids, fibre, and others.
The demand for protein-rich and convenient foods has significantly increased over the past few years due to rising health consciousness among consumers, and the trend is expected to continue throughout the course of the forecast period. As a result, the producers of canned meat will have lucrative chances.
Meat is sealed in the can and thermally processed as part of the safe food processing techniques used to create canned meat. This prolongs the meat’s shelf life and protects it from microbial deterioration. As a result, there are several connections between the canned meat industry and other industries for foods and beverages. In order to extend its shelf life, canned meat is kept in cold storage. The truth is that canned meat is full of healthy nutrients like Omega 3 fatty acids and proteins, contrary to earlier beliefs that it was nutritionally deficient.
The Canned Meat Market – Market Trends
• The industry for meat processing and canning is seeing an increase in investments and partnerships as a result of the expanding demand for various meat products. Numerous investors employ a variety of strategies, including joint ventures, acquisitions, the launch of new products, and acquisitions, among others.
• for investments in the industry for canning meat. Many meat businesses decide to analyse from a sustainability standpoint, taking the future scenario into account. Many businesses compute their environmental and carbon footprints to guide their investment choices.
• Due to the rising demand for meat products that are a nutritious source of protein, businesses are investing in the meat sector.
The Canned Meat Market – Segmentation
The Canned Meat Market fragrance concentrates market has been sub-classified into input meat type, distribution channel.
On the basis of meat type, the Canned Meat Market is bifurcated into:
On the basis of distribution channel, the market is segmented into:
• supermarket and hypermarket
• specialty store
The Canned Meat Market –Regional Analysis
North America dominated the global Canned Meat Market, to rule the canned meat business globally in terms of both market revenue and market share. It is anticipated that it will keep its dominance over the projection period as a result of the expanding increase in demand for canned meat across numerous industries and rising end-user demand.
The Canned Meat Market – Key Market players
Global key players of Canned Meat Market include JBS Foods, Tyson Food Inc., Danish Crown A.M.B.A., Hormel Foods Corporation, Oceans Secret, China Kuyu, Industrial Co. Ltd., Pronas, Bejing Yuanyoung Hongxing Food Co. Ltd., Keystone Meats, Wild Planted Foods, Conagra Brands, Inc., Zwanenberg Food Group, and others.