Global Canned Food Market Expected to Reach USD 126.3 Billion by 2033 - IMARC Group

Global Canned Food Market Statistics, Outlook and Regional Analysis 2025-2033

The global canned food market size was valued at USD 101.7 Billion in 2024, and it is expected to reach USD 126.3 Billion by 2033, exhibiting a growth rate (CAGR) of 2.2% from 2025 to 2033.

Ownership structure changes are altering the canned food business, with companies reorganizing to maximize regional emphasis and strategic growth. Such improvements have an impact on market dynamics, improving operational efficiency and facilitating focused market expansion attempts. For example, in June 2022, Bonduelle announced the sale of 65% of Bonduelle Americas Long Life to the Fonds de solidarité FTQ and CDPQ. This strategy shift enables Bonduelle to better manage resources, focusing on its fresh and plant-based product categories. The collaboration with Fonds de solidarité FTQ and CDPQ promotes long-term growth and regional market expansion.

Moreover, collaborative partnerships throughout the sector are building stronger alliances and shared growth prospects. Companies are deepening their relationships with important partners to maximize mutual advantages, support corporate objectives, and drive market innovation. For example, in January 2023, CHB Group welcomed its long-standing partner doTerra to its premises in Nafplio, highlighting their strong collaboration. This visit emphasized their shared commitment to quality, innovation, and sustainable business practices. Furthermore, to comply with worldwide health and environmental requirements, canned food producers prioritize sustainability and exceptional quality. This approach is consistent with rising consumer preferences for nutritious and environmentally sustainable food alternatives. Consumers prefer high-quality and convenient products. Thus the aftermarket for premium and specialized canned foods offers tremendous income possibilities for manufacturers. Canned food is popular in places with fast-paced lives or limited availability of fresh produce due to its lengthy shelf life and convenience of storing. For example, in Europe, the industry is expanding rapidly, owing to firms such as Bonduelle and Princes Foods, which are pioneering the use of organic ingredients and recycled packaging. This method appeals to environmentally concerned consumers who prefer healthier and sustainable options.

Global Canned Food Market Statistics, By Region

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest canned food market share on account of the high adoption rate of canned products, busy lifestyles, and a strong preference for on-the-go meal solutions.

North America Canned Food Market Trends:

Robust distribution networks, innovative canning technology, and a varied variety of product offers contribute to the market's long-term growth in North America. For example, Del Monte Foods Inc. exemplifies this with its extensive range of canned fruits and vegetables, leveraging cutting-edge canning processes to preserve nutritional value.

Europe Canned Food Market Trends:

Europe prioritizes sustainability in the tinned food business, with firms such as Bonduelle investing in recyclable and environmentally friendly packaging. This decision is consistent with the region's stringent environmental rules and customer preferences for sustainable food packaging solutions.

Asia Pacific Canned Food Market Trends:

In Asia-Pacific, urbanization promotes the need for easy meals, resulting in a growth in canned food manufacturing. For instance, Thai Union Group has extended its canned seafood offerings to meet rising consumer demand for fast, ready-to-eat meals.

Latin America Canned Food Market Trends:

In Latin America, the industry benefits from locally available agricultural resources. Princes Foods capitalizes on this by purchasing regional fruits and vegetables for its canned goods, supporting local farmers, and bringing fresh and canned produce to market.

Middle East and Africa Canned Food Market Trends:

International alliances are driving expansion in the Middle East and Africa, increasing the availability of canned foods. For example, UAE distributors work with global food manufacturers to increase product diversity and availability of canned products in the region, serving a broad consumer base.

Top Companies Leading in the Canned Food Industry

Some of the leading canned food market companies include Ayam Sarl, Bonduelle, Campbell Soup Company, CHB Group, Danish Crown AmbA, Del Monte Foods Inc., JBS S.A., Nestlé S.A, Princes Foods (Mitsubishi Corporation), Thai Union Group PCL, The Bolton Group, and The Kraft Heinz Company, among many others. For example, in February 2024, Campbell Soup Company and Parks Project unveiled the exclusive ‘Winter Warmth’ capsule collection.

Global Canned Food Market Segmentation Coverage

• On the basis of the product type, the market has been bifurcated into canned meat and seafood, canned fruit and vegetables, canned ready meals, and others, wherein canned meat and seafood represent the most preferred segment. Canned meat and seafood products appeal to a wide range of consumer tastes by providing convenience without sacrificing taste or nutrition.
• On the basis of the type, the market has been divided into organic and conventional. Among these, conventional exhibits a clear dominance in the market on account of a wide range of products that are produced using traditional farming methods, including the use of synthetic pesticides and fertilizers.
• Based on the distribution channel, the market is bifurcated into supermarkets and hypermarkets, convenience stores, e-commerce, and others, wherein supermarkets and hypermarkets dominate the market. These large-scale stores provide consumers with a diverse assortment of tinned items, including canned fruits and vegetables, ready meals, and meat.