Report Overview

India Canned Food Market - Industry Trends & Forecast Report, 2028

The India canned food market size is projected to grow at a CAGR of 7.21% during the forecast period between 2023 and 2029. Due to rising consumer demand for quick-to-prepare and convenient meal options, the canned food market in India is expanding quickly and is predicted to do so for years to come. Also, consumers in India have greater discretionary income owing to the country's expanding economy and rising income levels. The rise of the canned food market is also due to the trend of urbanization, which has increased consumer demand for ready-to-eat meals. The hectic lifestyles of city dwellers have raised the desire for quick-to-prepare food, leading to an increased market share. The demand for canned food products in restaurants, hotels, and other food service establishments has increased owing to the expansion of India's tourism industry.

India Canned Food Market - Overview

Canning is the process of extending the shelf life of food products such as seafood, meats, fruits, vegetables, sweets & desserts, soups & sauces, beans, lentils, and pasta. The process kills harmful bacteria by processing food, sealing processed food into cans, and heating cans. Canning preserves food nutrients and prevents decomposition caused by external factors such as sunlight and air. Because of people's hectic lifestyles, there is currently an increase in the consumption of canned food products all over the world.

Growth Drivers

Growing Attraction for Convenience Food

Convenience, together with rising disposable income and the number of working women, is the primary factor influencing the growth of canned food consumption globally. Consumer appetite for convenience food products has increased recently owing to their hectic lifestyles. One of the most popular preserved foods among customers is canned food since it retains significant amounts of nutrients, colour, and flavor. Consumers undergo a considerable dietary transition due to changes in their lives and rising food and beverage costs. This transition is characterized by a rise in the consumption of foods derived from animals, fats and oils, refined cereals, and fruits and vegetables. Due to the fast-paced lifestyle, people with hectic schedules, especially those without cooking abilities, become exhausted.

Expanding Canned Seafood and Fish

The market for canned fish and seafood has been continuously rising, due to growing consumer awareness of the nutritional advantages of fish and seafood, convenience in consumption, and long shelf life. There is more demand for canned fish products among athletes and other health-conscious people (such as canned salmon). Because canned fish is a good source of iron, high-quality protein, omega-3 fatty acids, and vitamin B-12, the aforementioned population segment prefers it. Salmon is a prime example of this. The potential for increasing growth in seafood e-commerce is another factor driving its expansion. The buying experience is much better and more convenient when done online.

Restraints

Growing Environmental Worries

Aluminum and tin cans, both of which are non-biodegradable, are used to package canned food. The cans are thrown away after use and persist in the biosphere for more than ten years, causing significant environmental pollution. The cans release hazardous fumes and compounds when they are subjected to biotic causes. However, the use of tin and aluminum cans is discouraged by governments in many nations, which has slowed market expansion. Many producers now produce food in recyclable cans and tins to reduce environmental damage.

Impact of COVID-19 on India Canned Food Market

Due to the COVID-19 pandemic, more individuals have started cooking at home and shopping at stores, which was leading to an increase in canned food consumption. Retail emerged as one of the main outlets for canned food. It witnessed an upsurge in demand due to the shutdown. Canned food sales soar during the lockdown owing to their long shelf life, which attracted customers who were subject to home quarantines, regulatory limits on easy mobility, and other effects of government lockdowns.

India Canned Food Market

Segmental Coverage

India Canned Food Market - By Product Type

India canned food market by product type has Canned Meat & Seafood, Canned Fruit & vegetables, Canned ready meals, and other segments. The canned meat and seafood segment is expected to hold the highest market share. This is due to rising demand for seafood and meat products. The canned ready meals segment is expected to grow at the fastest rate during the forecast period due to rising demand for convenient food products.

India Canned Food Market - By Type

On the basis of type, India canned food market is split into Organic and Conventional. Because of the growing consumer preference for organic food products, the organic segment is expected to hold a higher market share. It is also expected that the conventional segment will grow significantly during the forecast period.

India Canned Food Market - By Distribution Channel

On basis of distribution channel, India canned food market is divided into Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, and other segments. The convenience stores segment is expected to grow at a significant CAGR during the forecast period due to the growing number of convenience stores across the country. The e-commerce segment is expected to outperform during the forecast period due to the growing popularity of e-commerce grocery stores and other sites among consumers.

India Canned Food Market – By Region

The in-depth research report on India canned food market divides the market into North India, South India, East India, and West India regions. The high consumption of canned foods and rising disposable income are driving up the demand for canned food. Moreover, the market growth is expected to be fueled by consumers' increasingly busy lifestyles brought on by the rising employment rate.

Competition Landscape

Major players in the India canned food market include Campbell Soup Company, Conagra Brands Inc., Del Monte Inc., Nestlé S.A., The Bolton Group, Kraft Heinz Company, Bonduelle SA, JBS S.A. (SAMPCO), Thai Union Group PCL, and Dole Food Company. The key strategies used by these market leaders are new product launches, mergers & acquisitions, and alliances. To grow their market share, these companies are also focusing on investing in innovations, collaborations, and expansions.

Recent Developments

• In October 2022: Campbell Soup Company's Chunky Soup launched four new flavors named Spicy Chicken Noodle, Spicy Steak n' Potato, Spicy Sirloin Burger, and Spicy Chicken and Sausage Gumbo.

Scope of the Report

 By Product Type

• Canned Meat & Seafood

• Canned Fruit & vegetables

• Canned ready meals

• Others

By Type

• Organic

• Conventional

By Distribution Channel

• Supermarkets/Hypermarkets

• Convenience Stores

• E-Commerce

• Others

By Region

• North India

• South India

• East India

• West India

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Market Segmentation
2. Executive Summary
3. India Canned Foods Market Insights
   1. Industry Value Chain Analysis
   2. DROC Analysis
      1. Growth Drivers
         1. Increasing Consumer Awareness Towards Hygienic Food Products
         2. Growing demands for Ready to Cook Food Products
      2. Restraints
         1. Growing Concern about Environmental Pollution
      3. Opportunities
         1. R&D and Innovation
      4. Challenges
         1. Risk of Food Contamination and Diseases
   3. Technology Advancements/Recent Developments
   4. Regulatory Framework
   5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
4. India Canned Foods Market Overview
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Product
         1. Canned Meat & Seafood
         2. Canned Fruit & Vegetables
         3. Canned Ready Meals
         4. Others
      2. By Type
         1. Organic
         2. Conventional
      3. By Distribution Channel
         1. Supermarket/Hypermarket
         2. Convenience Stores
         3. E-commerce
         4. Others
      4. By Region
         1. North India
         2. South India
         3. East India
         4. West India
5. North India Canned Foods Market
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Product
      2. By Type
      3. By Distribution Channel
6. South India Canned Foods Market
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Product
      2. By Type
      3. By Distribution Channel
7. East India Canned Foods Market
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Product
      2. By Type
      3. By Distribution Channel
8. West India Canned Foods Market
   1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
   2. Market Share & Forecast
      1. By Product
      2. By Type
      3. By Distribution Channel
9. Competitive Landscape
   1. List of Key Players and Their Offerings
   2. India Canned Foods Company Market Share Analysis, 2022
   3. Competitive Benchmarking, By Operating Parameters
   4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
10. Impact of Covid-19 on India Canned Foods Market
11. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
    1. Campbell Soup Company
    2. Conagra Brands Inc.
    3. Del Monte Inc.
    4. Nestlé S.A.
    5. The Bolton Group
    6. Kraft Heinz Company
    7. Bonduelle SA
    8. JBS S.A. (SAMPCO)
    9. Thai Union Group PCL
    10. Dole Food Company
    11. Other Prominent Players
12. Key Strategic Recommendations
13. Research Methodology
    1. Qualitative Research
       1. Primary & Secondary Research
    2. Quantitative Research
    3.  Market Breakdown & Data Triangulation
       1.  Secondary Research
       2.  Primary Research
    4.  Breakdown of Primary Research Respondents, By Region
    5.  Assumptions & Limitations

*Financial information in case of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable.

List of Figures

Figure 1       India Canned Foods  Segmentation    

Figure 2       India Canned Foods Market Value Chain Analysis   

Figure 3       Company Market Share Analysis, 2022

Figure 4       India Canned Foods Market Size, By Value (USD Million), 2019–2029  

Figure 5       India Canned Foods Market Share, By Product, By Value, 2019–2029  

Figure 6       India Canned Foods Market Share, By Type, By Value, 2019–2029      

Figure 7       India Canned Foods Market Share, By Distribution Channel, By Value, 2019–2029         

Figure 8       North India Canned Foods Market Size, By Value (USD Million), 2019–2029  

Figure 9       North India Canned Foods Market Share, By Product, By Value, 2019–2029  

Figure 10     North India Canned Foods Market Share, By Type, By Value, 2019–2029      

Figure 11     North India Canned Foods Market Share, By Distribution Channel, By Value, 2019–2029 

Figure 12     South India Canned Foods Market Size, By Value (USD Million), 2019–2029  

Figure 13     South India Canned Foods Market Share, By Product, By Value, 2019–2029  

Figure 14     South India Canned Foods Market Share, By Type, By Value, 2019–2029      

Figure 15     South India Canned Foods Market Share, By Distribution Channel, By Value, 2019–2029 

Figure 16     East India Canned Foods Market Size, By Value (USD Million), 2019–2029    

Figure 17     East India Canned Foods Market Share, By Product, By Value, 2019–2029    

Figure 18     East India Canned Foods Market Share, By Type, By Value, 2019–2029

Figure 19     East India Canned Foods Market Share, By Distribution Channel, By Value, 2019–2029 

Figure 20     West India Canned Foods Market Size, By Value (USD Million), 2019–2029   

Figure 21     West India Canned Foods Market Share, By Product, By Value, 2019–2029   

Figure 22     West India Canned Foods Market Share, By Type, By Value, 2019–2029       

Figure 23     West India Canned Foods Market Share, By Distribution Channel, By Value, 2019–2029 

List of Tables

Table 1        India Canned Foods Market Size, By Value (USD Million), 2019–2029

Table 2        India Canned Foods Market Size, By Product, By Value, 2019–2029

Table 3        India Canned Foods Market Size, By Type, By Value, 2019–2029

Table 4        India Canned Foods Market Size, By Distribution Channel, By Value, 2019–2029

Table 5        North India Canned Foods Market Size, By Value (USD Million), 2019–2029

Table 6        North India Canned Foods Market Size, By Product, By Value, 2019–2029

Table 7        North India Canned Foods Market Size, By Type, By Value, 2019–2029

Table 8        North India Canned Foods Market Size, By Distribution Channel, By Value, 2019–2029

Table 9        South India Canned Foods Market Size, By Value (USD Million), 2019–2029

Table 10      South India Canned Foods Market Size, By Product, By Value, 2019–2029

Table 11      South India Canned Foods Market Size, By Type, By Value, 2019–2029

Table 12      South India Canned Foods Market Size, By Distribution Channel, By Value, 2019–2029

Table 13      East India Canned Foods Market Size, By Value (USD Million), 2019–2029

Table 14      East India Canned Foods Market Size, By Product, By Value, 2019–2029

Table 15      East India Canned Foods Market Size, By Type, By Value, 2019–2029

Table 16      East India Canned Foods Market Size, By Distribution Channel, By Value, 2019–2029

Table 17      West India Canned Foods Market Size, By Value (USD Million), 2019–2029

Table 18      West India Canned Foods Market Size, By Product, By Value, 2019–2029

Table 19      West India Canned Foods Market Size, By Type, By Value, 2019–2029

Table 20      West India Canned Foods Market Size, By Distribution Channel, By Value, 2019–2029

Table 21      Campbell Soup Company Company Overview

Table 22      Campbell Soup Company Financial Overview

Table 23      Conagra Brands Inc. Company Overview

Table 24      Conagra Brands Inc. Financial Overview

Table 25      Del Monte Inc. Company Overview

Table 26      Del Monte Inc. Financial Overview

Table 27      Nestlé S.A. Company Overview

Table 28      Nestlé S.A. Financial Overview

Table 29      The Bolton Group Company Overview

Table 30      The Bolton Group Financial Overview

Table 31      Kraft Heinz Company - Company Overview

Table 32      Kraft Heinz Company Financial Overview

Table 33      Bonduelle SA Company Overview

Table 34      Bonduelle SA Financial Overview

Table 35      JBS S.A. (SAMPCO) Company Overview

Table 36      JBS S.A. (SAMPCO) Financial Overview

Table 37      Thai Union Group PCL Company Overview

Table 38      Thai Union Group PCL Financial Overview

Table 39      Dole Food Company - Company Overview

Table 40      Dole Food Company Financial Overview