The Asia Pacific Canned Meat Market would witness market growth of 3.3% CAGR during the forecast period (2021-2027).
Canned meat items are different from the conventional non-commercial food preservation process. Moreover, the interior of the containers is built with aluminum which prevents the occurrence of corrosion in the container to avoid the contamination of the meat preserved within the container.
A key reason that drives up the demand for canned meat items is that these products are ready to cook and eat. Canned meat saves a significant amount of efforts of the customer by offering an instant meal item that can be cooked in a very short interval of time. It completely eliminates the time that is required for melting and cooking.
APAC is one of the largest importers as well as exporters of canned meat products across the world. In addition, countries such as Japan, Korea, and China are importing a huge amount of crab meat. According to the Food and agriculture organization, China along with Korea was the biggest importer of crab meat. Moreover, Japan imported 40% extra crab meat from Canada in 2017.
The China market dominated the Asia Pacific Canned Meat Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1.2 billion by 2027. The Japan market would register a CAGR of 2.8% during (2021 - 2027). Additionally, The India market is showcasing a CAGR of 4% during (2021 - 2027).
Based on Distribution Channel, the market is segmented into Supermarket & Hypermarket, Specialty Store, Online, and Other. Based on Meat type, the market is segmented into Poultry, Beef, Sea Food, Pork, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Canned Meat Market is Projected to reach USD 16.7 Billion by 2027, at a CAGR of 3.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hormel Foods Corporation, Bolton Group S.r.l, Survivalcave, Inc., Fujian Zishan Group Co., Ltd., Meat Maniac, Bright Food (Group) Co., Ltd., Key Food Stores Co-Operative, Inc., Conagra Brands, Inc. (Libby’s Canned Meat), Campbell Soup Company, and Vion Holding N.V.
By Distribution Channel
By Meat Type
By Country
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