U.S. Canned Food Market Size, Share & Trends Analysis By Type (Organic, Conventional), By Product (Fruits & Vegetables, Meat Products), By Distribution Channel (Foodservice), By Region, And Segment Forecasts, 2024

Description

U.S. Canned Food Market Growth & Trends:

The U.S. canned food market size is expected to reach USD 41.0 billion by 2030, registering a CAGR of 5.5%, according to a new report by Grand View Research, Inc. owing to the rise in demand for convenience food products which in turn is expected to have a positive impact on industry growth.

The market is subjected to regulations on food quality and processing, for safe consumption. The regulations are spread over to processing, harvesting and canning of food products according to the regional presence. Large number of imports are noted for the U.S. from Asia Pacific region and thus the companies need to abide to the rules mentioned by the U.S.

The industry in U.S. is subjected to regulations concerning the ingredients and their composition, safety, packaging, and labeling of canned foods by the U.S. FDA. The FDA regulations specifies the standards to maintain the quality of canned foods sold by various companies, and also prescribes the format of information displayed on the product labels.

The industry exhibits the presence of a significant number of substitutes in frozen and dried products category. The players are involved in drying of products that provide similar benefits of convenience and extended storage lifetimes. The price of substitutes is found to be in similar range as canned food and thus switching cost is less leading to a lower threat of substitutes.

U.S. Canned Food Market Report Highlights:

The ready meals market is expected to witness significant growth at a CAGR of 6.5% over the forecast period owing to the widespread demand from the working class population.
Conventional food secured the dominant market share with 87.7% in 2023. These foods are produced by using traditional farming methods and are more accessible and cost-effective compared to their organic counterparts.
The retail segment registered the dominant market share with 68.7% in 2023. Large-scale retail channels such as supermarkets & hypermarkets, and convenience stores offer convenient and one-stop shopping experiences for consumers.

Product Code: GVR-2-68038-160-3

Chapter 1. Methodology and Scope

1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights

Chapter 3. U.S. Canned Foods Market Variables, Trends, & Scope

3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million)
3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
3.4. U.S. Canned Foods Market Analysis Tools
- 3.4.1. Porter's Analysis
  - 3.4.1.1. Bargaining power of the suppliers
  - 3.4.1.2. Bargaining power of the buyers
  - 3.4.1.3. Threats of substitution
  - 3.4.1.4. Threats from new entrants
  - 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
  - 3.4.2.1. Political landscape
  - 3.4.2.2. Economic and Social landscape
  - 3.4.2.3. Technological landscape
  - 3.4.2.4. Environmental landscape
  - 3.4.2.5. Legal landscape

Chapter 4. U.S. Canned Foods Market: Type Estimates & Trend Analysis

4.1. Segment Dashboard
4.2. U.S. Canned Foods Market: Type Analysis, USD Million, 2023 & 2030
4.3. Organic
- 4.3.1. Organic Canned Foods Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.4. Conventional
- 4.4.1. Conventional Canned Foods Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 5. U.S. Canned Foods Market: Product Estimates & Trend Analysis

5.1. Segment Dashboard
5.2. U.S. Canned Foods Market: Product Analysis, USD Million, 2023 & 2030
5.3. Canned Fruits & Vegetables
- 5.3.1. Canned Fruits & Vegetables Canned Foods Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.4. Canned Meat Products
- 5.4.1. Canned Meat Products Canned Foods Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.5. Canned Fish/Seafoods
- 5.5.1. Canned Fish/ Seafoods Canned Foods Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.6. Canned Ready Meals
- 5.6.1. Canned Ready Meals Canned Foods Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.7. Canned Condiments
- 5.7.1. Canned Condiments Canned Foods Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 6. U.S. Canned Foods Market: Distribution Channel Estimates & Trend Analysis

6.1. Segment Dashboard
6.2. U.S. Canned Foods Market: Distribution Channel Movement Analysis, USD Million, 2023 & 2030
6.3. Retail
- 6.3.1. Retail Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4. Foodservice
- 6.4.1. Foodservice Stores Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 7. Competitive Landscape

7.1. Recent Developments & Impact Analysis by Key Market Participants
7.2. Company Categorization
7.3. Company Heat Map Analysis
7.4. Company Profiles
- 7.4.1. Bumble Bee Seafoods
  - 7.4.1.1. Participant's Overview
  - 7.4.1.2. Financial Performance
  - 7.4.1.3. Product Benchmarking
  - 7.4.1.4. Recent Developments/ Strategic Initiatives
- 7.4.2. StarKist Co
  - 7.4.2.1. Participant's Overview
  - 7.4.2.2. Financial Performance
  - 7.4.2.3. Product Benchmarking
  - 7.4.2.4. Recent Developments/ Strategic Initiatives
- 7.4.3. ICICLE SEAFOODS, INC.
  - 7.4.3.1. Participant's Overview
  - 7.4.3.2. Financial Performance
  - 7.4.3.3. Product Benchmarking
  - 7.4.3.4. Recent Developments/ Strategic Initiatives
- 7.4.4. LDH (La Doria) Ltd
  - 7.4.4.1. Participant's Overview
  - 7.4.4.2. Financial Performance
  - 7.4.4.3. Product Benchmarking
  - 7.4.4.4. Recent Developments/ Strategic Initiatives
- 7.4.5. Thai Union Frozen Products
  - 7.4.5.1. Participant's Overview
  - 7.4.5.2. Financial Performance
  - 7.4.5.3. Product Benchmarking
  - 7.4.5.4. Recent Developments/ Strategic Initiatives
- 7.4.6. American Tuna, Inc.
  - 7.4.6.1. Participant's Overview
  - 7.4.6.2. Financial Performance
  - 7.4.6.3. Product Benchmarking
  - 7.4.6.4. Recent Developments/ Strategic Initiatives
- 7.4.7. Tri Marine Group
  - 7.4.7.1. Participant's Overview
  - 7.4.7.2. Financial Performance
  - 7.4.7.3. Product Benchmarking
  - 7.4.7.4. Recent Developments/ Strategic Initiatives
- 7.4.8. NIPPON SUISAN KAISHA, LTD
  - 7.4.8.1. Participant's Overview
  - 7.4.8.2. Financial Performance
  - 7.4.8.3. Product Benchmarking
  - 7.4.8.4. Recent Developments/ Strategic Initiatives
- 7.4.9. Conagra Brands, Inc.
  - 7.4.9.1. Participant's Overview
  - 7.4.9.2. Financial Performance
  - 7.4.9.3. Product Benchmarking
  - 7.4.9.4. Recent Developments/ Strategic Initiatives
- 7.4.10. Connors Bros. Ltd.
  - 7.4.10.1. Participant's Overview
  - 7.4.10.2. Financial Performance
  - 7.4.10.3. Product Benchmarking
  - 7.4.10.4. Recent Developments/ Strategic Initiatives

U.S. Canned Food Market Size, Share & Trends Analysis By Type (Organic, Conventional), By Product (Fruits & Vegetables, Meat Products), By Distribution Channel (Foodservice), By Region, And Segment Forecasts, 2024 - 2030