Market Overview
The global Canned Vegetables Market Share is thriving, mainly due to the growing numbers of working populaces worldwide. Due to their hectic lifestyle, working populations are increasingly inclining to convenience foods. Also, consumers prefer canned vegetables more for its convenient packaging and longer shelf life. Besides, the availability of a wide range of vegetables throughout the year is a significant factor driving the consumer preference for canned vegetables.
So, rising consumer preference is a key growth driver for the market. Moreover, the growing trend of organic canned vegetables is escalating the market growth to furthered height, providing growth opportunities for players operating in the canned vegetables industry. According to Market Research Future (MRFR), the global Canned Vegetables Market Shareis poised to create a valuation of approximately USD 13.2 BN by 2024, growing at 3.7% CAGR during the forecast period (2019–2024).
Key Players
Players leading the global Canned Vegetables Market Share include Del Monte Foods, Inc (US), Aditi Foods Pvt. Ltd (India), Princes Limited (UK), Delicia Foods India Pvt. Ltd. (India), Bonduelle Group (France), Seneca Foods Corporation (US), Nestlé S.A. (Switzerland), La Doria S.p.A. (Italy), Hirzel Canning Co. & Farms (US), Lam Soon Group (Thailand), B&G Foods, Inc. (US), Acroyali Jade Food Co., Ltd (China), Seprod Limited (Jamaica), McCall Farms (US), and Talia Foods (Turkey), among others.
Market Segmentation:
The report is segmented into four dynamics: -
By Type : Tomatoes, Carrot, Peas, Corn, Spinach, Vegetable Blend, and others.
By Category : Organic and Conventional.
By Distribution Channel : Store-Based, Supermarkets & Hypermarkets, Convenience Stores, Non-Store-Based, and others.
By Regions : Americas, Europe, Asia Pacific, and the Rest-of-the-World.
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Regional Analysis
Europe dominates the global Canned Vegetables Market Share. The largest market share attributes to changing consumer preferences and the unavailability of fresh produces during the harsh winter. Besides, the high inclination of the working population towards canned vegetables for convenience of food preparation is driving the regional market.
Moreover, the growing importance of health & wellness among demographics and rapidly growing markets in Germany, the UK, and Russia, support the market growth in the region. Furthermore, the rising economic growth in the region allows the market to flourish, increasing per capita disposable income. The European Canned Vegetables Market Share to retain its leading position in the global market throughout the forecast period.
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