Dublin, March 20, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/2rssjj/global_canned) has announced the addition of the "Global Canned Food Market 2015-2019" report to their offering.
The Global Canned Food market to grow at a CAGR of 5.01% and 2.09% in terms of revenue and volume, respectively, over the period 2014-2019.
In terms of product type, the Global Canned Food market can be segmented into seven: Canned Fish, Canned Vegetables, Canned Meat Products, Canned Fruits, Canned Ready Meals, Canned Desserts, and Others. To calculate the market size, the report considers revenue generated from the retail sales of various canned food products and the volume of canned food products consumed.
One major trend emerging in this market is the change in consumer demographics. Consumers look for convenient and easy ways to prepare food. Many within the aging population prefer small packages and foods that are easy to prepare.
According to the report, one of the key factors driving the growth of this market is changes in lifestyles which has increased the consumption of canned foods. The demand for canned food among the working-class population has risen as it takes less time to prepare and cook the food.
Further, the report states that the entry of low-priced products and private-label offerings is a major challenge faced by vendors in the Global Canned Food market. As compared to branded global products, these products are comparatively cheap and have a strong impact on the local market.
Key Vendors
- Bolton Group International
- ConAgra Foods
- Del Monte
- H.J. Heinz
Other Prominent Vendors
- AgriPure Holdings
- Atria
- AYAM
- Bonduelle
- Campbell Soup
- Canyon Creek Food
- CECAB Group
- Christian Potier
- Danish Crown
- Dole Food
- General Mills
- Grupo Calvo
- Hero
- Hormel Foods
- JBS
- La Doria
- Meica
- Nestle
- Pinnacle Foods
- Princes
- Shanghai Maling Aquarius
- Zanlakol
For more information visit http://www.researchandmarkets.com/research/2rssjj/global_canned