Canned Food Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product (Canned Meat, Canned Fish/Seafood, Canned Vegetables, Canned Fruits, and Others (Canned Ready Meals)), By Type (Organic, Conventional), By Distribution Channel (Supermarkets/Hypermarkets, Convenience/Grocery Stores, Online, and Others (Departmental Stores, etc.)), By Region and Competition Forecast and Opportunities 2021-2031F

Forecast Period	2027-2031
Market Size (2025)	USD 102.37 Billion
CAGR (2026-2031)	4.21%
Fastest Growing Segment	Online
Largest Market	North America
Market Size (2031)	USD 131.11 Billion

Market Overview

The Global Canned Food Market will grow from USD 102.37 Billion in 2025 to USD 131.11 Billion by 2031 at a 4.21% CAGR. The Global Canned Food Market comprises food products preserved in airtight containers through heat processing to ensure safety and extend shelf life. The industry is primarily supported by the increasing demand for convenient and ready-to-eat meal solutions arising from rapid urbanization and changing consumer lifestyles. Additionally, the inherent longevity and ease of storage associated with these products support their consumption in regions with limited cold chain infrastructure, acting as a fundamental driver for sustained industry stability.

One significant challenge that could impede market expansion is the volatility of raw material supply caused by erratic weather patterns, which disrupts agricultural yields and increases production costs. This instability specifically affects the consistent availability of fresh produce required for large-scale processing operations. According to the 'World Processing Tomato Council', in '2024', global processing tomato production reached 45.8 million metric tons, which was 1.5 million metric tons below the initial forecast due to adverse weather conditions affecting key growing regions.

Key Market Drivers

The rising demand for ready-to-eat and convenience foods serves as a primary catalyst for the Global Canned Food Market, fueled by rapid urbanization and the prevalence of dual-income households that limit time for meal preparation. Consumers are increasingly relying on shelf-stable products that offer nutritional value without the need for extensive cooking, prompting manufacturers to expand their portfolios with diverse soup, vegetable, and meal options. This consumption shift is directly reflected in the financial performance of major market players who prioritize convenient meal solutions. According to Campbell Soup Company, August 2024, in the 'Fourth Quarter and Full Year Fiscal 2024 Results', the company reported that net sales increased 3% to USD 9.6 billion, a growth largely attributed to the sustained relevance of their meals and beverages division amidst a dynamic consumer landscape.

Simultaneously, innovations in sustainable and recyclable packaging solutions are reshaping industry standards as environmental concerns increasingly influence purchasing decisions. Metal cans are gaining favor due to their infinite recyclability and high recovery rates, which align with global circular economy initiatives and regulatory mandates aimed at reducing plastic waste. According to Steel for Packaging Europe, June 2024, in the 'Steel for Packaging Europe confirms new recycling record' announcement, the recycling rate for steel packaging across Europe reached a record high of 80.5%, demonstrating the material's superior environmental credentials. Beyond sustainability, the sector demonstrates economic resilience through established global supply chains. According to Fresh Del Monte Produce Inc., February 2024, in the 'Fourth Quarter and Full Fiscal Year 2023 Financial Results', the company generated annual net sales of USD 4.3 billion, underscoring the enduring commercial viability and scale of processed and packaged food operations.

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Key Market Challenges

The volatility of raw material supply caused by erratic weather patterns serves as a critical obstruction to the expansion of the canned food industry. Manufacturers rely heavily on specific harvest windows to secure fresh produce for processing, making the sector acutely vulnerable to climatic disruptions. When adverse conditions such as prolonged droughts or unseasonal rainfall occur, agricultural yields decline sharply, leading to immediate input shortages. This instability prevents processors from operating at full capacity and necessitates the procurement of ingredients at inflated prices, thereby eroding profit margins and limiting the ability of manufacturers to fulfill retailer contracts consistently.

The impact of this supply insecurity is evident in recent production figures regarding key canning commodities. According to the 'World Processing Tomato Council', in '2025', the preliminary global estimate for processing tomatoes reached just '40.3 million metric tons', representing a '12 percent' decrease compared to the previous year. This decline, driven largely by poor harvests in major export hubs due to weather issues, exemplifies how raw material shortages directly restrict market growth. Without a reliable stream of agricultural inputs, the industry cannot scale production to meet global demand, resulting in stagnant volume growth despite favorable consumption trends.

Key Market Trends

The emergence of premium canned seafood is transforming the market, with consumers increasingly viewing tinned fish as a gourmet delicacy. This trend prioritizes high-quality, sustainably sourced products like spiced sardines, marketed for sophisticated occasions rather than as basic staples. Manufacturers are responding with artisanal packaging to attract affluent demographics. This shift is bolstering financial performance for key players. According to SeafoodSource, August 2024, in the 'Thai Union's Q2 2024 sales, profits rise, maintaining momentum from Q1' article, Thai Union reported that ambient seafood sales increased 1.4 percent year over year to THB 17.4 billion, fueled by robust demand in North America.

Simultaneously, a shift towards clean-label formulations is reshaping production, driven by demand for transparency. Shoppers are rejecting artificial additives, favoring simple, recognizable ingredients that mimic home-cooked quality. This compels brands to reformulate products, ensuring shelf stability through advanced processing instead of chemical aids. The dominance of this preference is highlighted by recent industry surveys. According to Food Industry Executive, December 2024, in the 'Industry Insights: Consumers Seek Clean Label Ingredients, Reliable Quality and Taste' article, 50% of industry professionals identified clean label ingredients as the leading consumer demand trend, surpassing other factors.

Segmental Insights

The Online segment is recognized as the fastest-growing distribution channel within the Global Canned Food Market, driven by a substantial shift in consumer preference toward convenience and digital accessibility. The extended shelf life of canned products renders them ideal for the bulk delivery models utilized by e-commerce platforms, enabling households to manage pantry stocks efficiently without frequent store visits. Furthermore, online retailers frequently provide a wider diversity of niche and international brands compared to physical stores. This expansion is supported by improvements in logistics and last-mile delivery services, which have significantly lowered barriers to adoption for digital grocery procurement.

Regional Insights

North America maintains a dominant position in the global canned food market, primarily driven by the high consumption of convenience foods and ready-to-eat meals among the working population. The region benefits from a well-developed retail infrastructure and the presence of major market players that ensure consistent product availability across extensive distribution networks. Furthermore, strict adherence to safety and quality regulations enforced by the U.S. Food and Drug Administration fosters strong consumer confidence in the safety and shelf stability of canned products. These factors, combined with high disposable incomes, sustain the regional market leadership.

Recent Developments

• In October 2024, Bumble Bee Seafoods expanded its portfolio in the Global Canned Food Market by launching 11 new shelf-stable products to celebrate National Seafood Month. The Senior Director of Innovation and Insights announced that the new lineup included flavored Wild-Caught Solid White Albacore Tuna and other seafood options designed to prioritize nutrition and convenience. This initiative introduced various formats, such as multi-can packs and flavored pouches, catering to evolving consumer preferences for practical meal solutions. The launch underscored the company's strategy to revitalize the shelf-stable seafood category through flavor innovation and accessible product designs.
• In August 2024, Newlat Food S.p.A. completed the acquisition of Princes Limited from Mitsubishi Corporation, creating a significant new entity in the Global Canned Food Market. The transaction, valued at £700 million, resulted in the formation of the 'New Princes Group,' which was projected to achieve a combined turnover of €2.8 billion. The Chairman of Newlat stated that this consolidation would double the group's product category offering and establish a network of 31 plants. This strategic collaboration aimed to position the company as a leading multi-brand operator in the European food sector, leveraging a diverse portfolio of canned and ambient foods.
• In June 2024, Sonoco Products Company entered into a definitive agreement to acquire Eviosys, a leading European manufacturer of metal food cans, from KPS Capital Partners. The transaction, valued at approximately $3.9 billion, was designed to create the world’s leading metal food can and aerosol packaging platform. The President and Chief Executive Officer of Sonoco emphasized that this acquisition would accelerate the company’s strategy to scale its core metal packaging business and expand its global reach. This development was significant for the Global Canned Food Market, promising enhanced supply chain capabilities and innovation in sustainable packaging solutions.
• In May 2024, the Campbell Soup Company unveiled a strategic supply chain optimization plan involving a $230 million investment to modernize its manufacturing capabilities. The Chief Supply Chain Officer highlighted that the initiative included upgrading the Maxton, North Carolina facility with new aseptic soup production lines to meet growing consumer demand. The plan also entailed the phased closure of the Tualatin, Oregon plant, shifting its organic soup and broth production to other established thermal facilities. This reorganization aimed to improve manufacturing efficiency and support the long-term growth of the company’s canned and shelf-stable food products.

Key Market Players

• Del Monte Foods, Inc.
• Conagra Brands, Inc.
• The Kraft Heinz Company
• Nestlé S.A.
• Princes Limited
• Campbell Soup Company
• JBS S.A.
• Thai Union Group Public Company Limited
• CHB Group
• Bolton Group

By Product	By Type	By Distribution Channel	By Region
Canned Meat Canned Fish/Seafood Canned Vegetables Canned Fruits and Others (Canned Ready Meals)	Organic Conventional	Supermarkets/Hypermarkets Convenience/Grocery Stores Online and Others (Departmental Stores, etc.)	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Canned Food Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Canned Food Market, By Product:

• Canned Meat
• Canned Fish/Seafood
• Canned Vegetables
• Canned Fruits
• and Others (Canned Ready Meals)

• Canned Food Market, By Type:

• Organic
• Conventional

• Canned Food Market, By Distribution Channel:

• Supermarkets/Hypermarkets
• Convenience/Grocery Stores
• Online
• and Others (Departmental Stores, etc.)

• Canned Food Market, By Region:

• North America
• United States
• Canada
• Mexico
• Europe
• France
• United Kingdom
• Italy
• Germany
• Spain
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE