The global canned vegetables market is expected to reach a market valuation of US$ 33.0 Billion by the year 2022, accelerating at a CAGR of 3.9% over the forecast period 2022 to 2032.
Customers are forced to choose ready-to-eat meals or other ready-to-eat food items because of their hectic lifestyles. Sales of canned vegetables will increase since they will be able to enjoy excellent meals that is simpler to prepare. Due to the wide variety of canned veggies, consumers can select what they want to eat.
Due to a fast-paced lifestyle, consumers are continuously looking for quick, inexpensive, and delicious food options. This may result in a rise in demand for canned products between 2022 and 2032.
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The tier-1 city workers’ hectic lifestyles are contributing to an increase in the demand for canned veggies. Most urban people spend a significant portion of their time travelling and working, leaving little time for cooking. To save time, many choose to purchase frozen vegetables.
The increasing number of working women is another factor driving the global market for canned vegetables. The majority of female employees in wealthy nations prefer to cook with canned vegetables.
Key Takeaways from Market Study
- Based on nature, the conventional is anticipated to account for a significant share in the global market in 2022 and is expected to witness a lucrative growth rate during the forecast period
- Europe canned vegetables market is anticipated to dominate the global market with a market share of around 32% in 2022
- South Asia is expected to witness a lucrative growth rate during the forecast period
- On the basis of distribution channel, the B2C Channel is expected to hold a dominating share in 2022
- Online retail store is expected to witness a lucrative growth rate over the forecast period
“For canned vegetables products, companies are using the same supply chain and transportation modes which are in use for processed vegetables. With minor modifications in the storage units, transportation can be made easy and hurdle-free, which improves the trade of canned vegetables.” said a lead analyst at FMI.
Who is winning?
Some of the leading companies offering canned vegetables are Del Monte Foods, Inc, Green Giant, Native Forest, Libby’s, Whole Foods Market, Nature’s Greatest Foods, 365 by WFM, Farmer’s Market Foods, Good & Gather, Reese, Old El Paso, Rotel, Goya, Rosarita, Great Value, Cento, and Others.
Get Valuable Insights into the Canned Vegetables market
Future Market Insights, in its new offering, provides an unbiased analysis of the canned vegetables market presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the canned vegetables market based on Nature (Organic and Conventional), by Canning Type (Canned in Water, Canned in Oil, and Canned in Juice), by Vegetable Type (Corn, Peas, Beans, Carrots, Potatoes, Tomatoes, Spinach, Mixed Vegetables, and Other Vegetables), by Vegetable Group (Leafy Vegetables, Cruciferous, Marrows, Roots, and Others (Stems, Alliums, etc)), by Distribution Channel (B2B and B2C), By End-Use (HoReCa and Household/Retail), and across seven major regions.
The report covers exhaustive analysis on:
- How Big is the Canned Vegetables Market?
- What is the North America Canned Vegetables Market Outlook?
- At What Rate Will Canned Vegetables Demand Grow in Europe?
- What Are the Key Trends Shaping the Canned Vegetables Market?
- At What Rate Will Canned Vegetables Demand Grow in Japan?
- At What Rate Will Canned Vegetables Demand Grow in India?
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Canned Vegetable Market by Category
By Nature:
- Organic
- Conventional
By Canning Type:
- Canned in Water
- Canned in Oil
- Canned in Juice
By Vegetable Type:
- Corn
- Peas
- Beans
- Carrots
- Potatoes
- Tomatoes
- Spinach
- Mixed Vegetables
- Other Vegetables
- Leafy Vegetables
- Cruciferous
- Marrows
- Roots
- Others (Stems, Alliums, etc)
By Distribution Channel:
- B2B
- B2C
- Hypermarket/Supermarket
- Traditional Grocery Stores
- Convenience Stores
- Specialty Stores
- Discount Stores
- Online Retail
By End Use:
- HoReCa
- Household/Retail
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization, and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel, and End Use over the next 10 years.
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