Canned Vegetables Market Scope
Canned vegetables are processed and sealed in an airtight container to preserve them for longer shelf life. The potential raw materials for canning include tomatoes, carrots, peas, spinach, and a mixture of various vegetables as a vegetable blend. Canned vegetable products have already gained commercial importance both in the domestic and export markets. Per capita spending on canned vegetables in the United States was always greater than spending on canned fruit, regardless of the social and demographic breakdown. Canned vegetables appear to have been both partially replaced by, and supplemented with, an increasing amount of fresh and frozen vegetables.
Attributes | Details |
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Study Period | 2020-2032 |
Base Year | 2024 |
Unit | Value (USD Million) |
Key Companies Profiled | Del Monte Foods, Inc (United States), The Kraft Heinz Company (United States), Campbell Soup Company (United States), McCall Farms (United States), Seneca Foods Corporation (United States), Hirzel Canning Co. & Farms (United States), B&G Foods, Inc. (United States), Nestlé S.A. (Switzerland), Princes Limited (United Kingdom) and Bonduelle Group (France) |
CAGR | % |
The competitive landscape for canned fruits and vegetables gives information by competitor. Company overview, financials, revenue generated, market potential, investment in R&D, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance are all included. The data points presented above are solely linked to the companies' concentration on the canned fruits and vegetables industry. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Canned Vegetables market throughout the predicted period.
Del Monte Foods, Inc (United States), The Kraft Heinz Company (United States), Campbell Soup Company (United States), McCall Farms (United States), Seneca Foods Corporation (United States), Hirzel Canning Co. & Farms (United States), B&G Foods, Inc. (United States), Nestlé S.A. (Switzerland), Princes Limited (United Kingdom) and Bonduelle Group (France) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are La Doria S.p.A. (Italy), Lam Soon Group (Thailand), Aditi Foods Pvt. Ltd (India), Delicia Foods India Pvt. Ltd. (India), Acroyali Jade Food Co., Ltd (China), Seprod Limited (Jamaica) and Talia Foods (Turkey).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Canned Vegetables market by Type , by Application (Household and Commercial) and Region with country level break-up.
On the basis of geography, the market of Canned Vegetables has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2024.
Market Leaders and their expansionary development strategies
In 2018, Bonduelle announced that it has finalized with Conagra Brands Inc. for the acquisition of Del Monte processed fruit and vegetable business in Canada. The acquisition includes the right to use the Del Monte brand on different segments of processed fruits and vegetables and stocks of products.
In 2016, Del Monte Foods, one of the nation’s largest producers, distributors, and marketers of premium quality, branded food products, has announced plans for conversion to non-BPA packaging and an increase in non-GMO product offerings.
Influencing Trend:
Growing Trend of Organic Canned Vegetables
Market Growth Drivers:
Increasing Health Awareness among the Consumers in Developed Countries, Expansion in Distribution Network for Canned Food Items and Convenient Packaging and Longer Shelf Life
Challenges:
Availability of Substitute Products and Intense Competition among Industry Players
Restraints:
Strict Regulations on the Use of Ingredients and Additives for Canned Vegetables and High Packaging Costs of Canned Products
Opportunities:
Increasing Working Population Followed By Hectic Lifestyle of the Consumers and Improvement of Canning Technology Due To Increased Expenditure in R&D in Food Processing Processes and Facilities
Key Target Audience
Canned Vegetable Producers, Raw Material Suppliers, Government/Research Institutions, Food & Beverage Industries, Traders/Exporters/Importers, End-use Industries and Others