Market Overview:
The global canned beef market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for convenience foods, increasing urbanization and changing lifestyles, and growing demand for processed meat products. In terms of type, the fresh segment is expected to dominate the global canned beef market during the forecast period. This can be attributed to rising consumer preference for fresh meat products over frozen ones. In terms of application, supermarkets and hypermarkets are expected to account for a major share of the global canned beef market during the forecast period. This can be attributed to increasing demand from consumers for convenient food options.
Product Definition:
Canned beef is a food product that is made by cooking beef in its own juice or broth, and then sealing it in a can. Canned beef is an important source of protein and nutrients for people who live in poverty-stricken areas, because it is affordable and easy to store. It can also be used as a dietary supplement for people who are recovering from illness or surgery.
Fresh:
The global freshness factor is one of the key factors driving the canned beef market. The demand for fresh food is increasing at a rapid rate across the world due to rising health awareness among consumers and strict government regulations about frozen food. Fresh meat, like vegetables and fruits, has less shelf life; it gets consumed within a day or two of its harvesting date.
Frozen:
Canned beef is meat that has been preserved in a water-based solution of salts and sugar. The process of preservation can be done by different methods such as smoking, freezing, pickling or by salting the meat at appropriate levels. Canned beef is usually stored in glass jars or plastic pouches which are then sold to consumers after a certain period for consumption.
Application Insights:
The supermarkets and hypermarkets segment held the largest share of over 70.0% in 2017. The segment is expected to witness significant growth owing to the increasing demand for packaged food products among consumers, especially in developed economies including Germany, U.K., France and Spain where retail shopping culture is quite prevalent among people living in urban areas along with the growing preference towards convenience foods due to hectic work schedules followed by working class individuals across various regions including Asia Pacific and Middle East & Africa countries such as Saudi Arabia, UAE, Qatar etc.
Regional Analysis:
Europe was the largest regional market in 2017 owing to high demand from countries, such as U.K., Germany, and France. The Asia Pacific is expected to be the fastest-growing region over the forecast period due to increasing disposable income levels and changing food preferences of consumers in emerging economies including China and India. Furthermore, growing awareness regarding canned meat benefits is projected to drive industry growth over the coming years.
The Asia Pacific held a revenue share of more than 30% in 2017 owing to high consumption levels of beef across various countries including Japan, South Korea, Australia among others which are majorly driven by its low cost as compared to fresh meat products offered by supermarkets/ hypermarkets or restaurants.
Growth Factors:
- Increasing demand for convenience foods: The canned beef market is expected to benefit from the increasing demand for convenience foods, as consumers shift towards products that are easy to prepare and do not require a lot of time. This is particularly true among the younger generation, who are increasingly busy with work and other commitments.
- Rising disposable income: Another key growth driver for the canned beef market is rising disposable income levels in developing countries. This has led to an increase in spending on food items, including processed meat products such as canned beef.
- Urbanization: Rapid urbanization across emerging markets is also contributing to the growth of the canned beef market, as more people move into cities and have less access to fresh meat products. Canned beef offers a convenient and affordable alternative that meets their needs.
Scope Of The Report
Report Attributes
Report Details
Report Title
Canned Beef Market Research Report
By Type
Fresh, Frozen
By Application
Supermarkets and Hypermarkets, Convenience Stores, Online Retailers, Others
By Companies
Keystone Meats, Armour, Libby's, Hereford, Slavos, San Miguel, Mary Kitchen Hash, Exeter, Excelsior, Hormel, Ox & Palm, Grace, Sichuan Huiquan, Gansu Linshan
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Canned Beef Market Report Segments:
The global Canned Beef market is segmented on the basis of:
Types
Fresh, Frozen
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarkets and Hypermarkets, Convenience Stores, Online Retailers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Keystone Meats
- Armour
- Libby's
- Hereford
- Slavos
- San Miguel
- Mary Kitchen Hash
- Exeter
- Excelsior
- Hormel
- Ox & Palm
- Grace
- Sichuan Huiquan
- Gansu Linshan
Highlights of The Canned Beef Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fresh
- Frozen
- By Application:
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Retailers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Canned Beef Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Canned beef is a type of processed meat that is made from ground beef that has been preserved in a water or oil-based solution.
Some of the major companies in the canned beef market are Keystone Meats, Armour, Libby's, Hereford, Slavos, San Miguel, Mary Kitchen Hash, Exeter, Excelsior, Hormel, Ox & Palm, Grace, Sichuan Huiquan, Gansu Linshan.
The canned beef market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Canned Beef Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Canned Beef Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Canned Beef Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Canned Beef Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Canned Beef Market Size & Forecast, 2018-2028
4.5.1 Canned Beef Market Size and Y-o-Y Growth
4.5.2 Canned Beef Market Absolute $ Opportunity
Chapter 5 Global Canned Beef Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Canned Beef Market Size Forecast by Type
5.2.1 Fresh
5.2.2 Frozen
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Canned Beef Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Canned Beef Market Size Forecast by Applications
6.2.1 Supermarkets and Hypermarkets
6.2.2 Convenience Stores
6.2.3 Online Retailers
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Canned Beef Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Canned Beef Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Canned Beef Analysis and Forecast
9.1 Introduction
9.2 North America Canned Beef Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Canned Beef Market Size Forecast by Type
9.6.1 Fresh
9.6.2 Frozen
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Canned Beef Market Size Forecast by Applications
9.10.1 Supermarkets and Hypermarkets
9.10.2 Convenience Stores
9.10.3 Online Retailers
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Canned Beef Analysis and Forecast
10.1 Introduction
10.2 Europe Canned Beef Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Canned Beef Market Size Forecast by Type
10.6.1 Fresh
10.6.2 Frozen
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Canned Beef Market Size Forecast by Applications
10.10.1 Supermarkets and Hypermarkets
10.10.2 Convenience Stores
10.10.3 Online Retailers
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Canned Beef Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Canned Beef Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Canned Beef Market Size Forecast by Type
11.6.1 Fresh
11.6.2 Frozen
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Canned Beef Market Size Forecast by Applications
11.10.1 Supermarkets and Hypermarkets
11.10.2 Convenience Stores
11.10.3 Online Retailers
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Canned Beef Analysis and Forecast
12.1 Introduction
12.2 Latin America Canned Beef Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Canned Beef Market Size Forecast by Type
12.6.1 Fresh
12.6.2 Frozen
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Canned Beef Market Size Forecast by Applications
12.10.1 Supermarkets and Hypermarkets
12.10.2 Convenience Stores
12.10.3 Online Retailers
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Canned Beef Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Canned Beef Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Canned Beef Market Size Forecast by Type
13.6.1 Fresh
13.6.2 Frozen
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Canned Beef Market Size Forecast by Applications
13.10.1 Supermarkets and Hypermarkets
13.10.2 Convenience Stores
13.10.3 Online Retailers
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Canned Beef Market: Competitive Dashboard
14.2 Global Canned Beef Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Keystone Meats
14.3.2 Armour
14.3.3 Libby's
14.3.4 Hereford
14.3.5 Slavos
14.3.6 San Miguel
14.3.7 Mary Kitchen Hash
14.3.8 Exeter
14.3.9 Excelsior
14.3.10 Hormel
14.3.11 Ox & Palm
14.3.12 Grace
14.3.13 Sichuan Huiquan
14.3.14 Gansu Linshan
