The Latin America, Middle East and Africa Canned Meat Market would witness market growth of 5.4% CAGR during the forecast period (2021-2027).
Canned meat products are nutrition-rich, ready to cook instant meal that significantly saves the effort of the customers along with being a premium quality product. Also, these products perfectly complement the hectic lifestyles of people as they fulfill the nutrition requirements of the people.
Canned meat saves a significant amount of energy that is used in operating cold storage to preserve the meat. Canned meat products can be stored in cupboards and shelves and thus saving space. In addition, the containers that are used to carry canned meat are very handy and can be opened by a regular can opener without any external tool.
Middle-East showcases a higher demand for canned meat food items as the preference of the people for halal meat is rising constantly. Moreover, the demand for the canned meat products is rapidly increasing due to the steadily rising spending power of the people across the region and especially in the countries like Brazil, Argentina, and numerous more. Canned meat is a premium class product that comprises the ability to fulfill these desires of the people.
The Brazil market dominated the LAMEA Canned Meat Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $354.2 Million by 2027. The Argentina market is poised to grow at a CAGR of 6% during (2021 - 2027). Additionally, The UAE market would showcase a CAGR of 5.1% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Canned Meat Market is Predict to reach $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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