The North America Canned Meat Market would witness market growth of 2.9% CAGR during the forecast period (2021-2027).
Canned meat items are also known as thermally processed meat items due to their property of heat processing. The canned meat products are often categorized into two groups which are called sterilized preserved meat and pasteurized preserved meat. Both of the categories of canned meat products function in a distinct way with the ultimate aim to offer better quality preserved meat food.
The large scale of the canned meat products is commercially sterilized which delivers more accuracy in reduced time for the entire preservation and packaging process. The microorganism-eliminating function of the canning process is more likely to fuel the demand for canned meat items as it allows the customer to store the products for a longer duration with a lesser risk of food expiry. However, the properties of the canned meat items vary from the freshly cooked food as it comprises a strong cooked flavor along with different physical structures.
The United States Department of Agriculture has imposed regulations on the travelers from bringing any kind of meat in the country. Due to the regulations on carrying meat, the demand for the canned meat products is increasing within the country. Moreover, according to an information shared by the Canadian cattlemen’s association, Canada is one of the largest exporters of red meat and exports approximately 45% of its beef products.
The US market dominated the North America Canned Meat Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $4,548.4 Million by 2027. The Canada market is anticipated to grow at a CAGR of 5.3% during (2021 - 2027). Additionally, The Mexico market would experience a CAGR of 4.3% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Canned Meat Market is Estimated 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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