London, 23 January 2015: TechNavio, the independent tech-focused global research firm, has published a report on the Global Canned Food Market 2015-2019, which is expected to grow at a CAGR of 5.01 percent in terms of revenue and 2.09 percent in terms of volume during the period 2014-2019.
“The growth of the Organized Retail industry has opened doors for the Global Canned Food market. Apart from selling their products through these organized retail channels, vendors can conduct various promotional shows to advertise their products,” says Faisal Ghaus, Vice President of TechNavio.
“They can communicate with consumers through their hired salespeople and provide information about the nutritional content of their products.”
Key Market Drivers
- Change in Consumer Lifestyles
- Increase in Demand for Healthy Food
- Increase in Demand for Nutritious Foods
- Increase in Demand for Canned Fish
Key Market Trends
- Change in Consumer Demographic
- Need to Maximize Leisure Time
- Increase in Adoption in Developing Countries
- Growth of Organized Retail Industry
Key Market Vendors
- Bolton Group International Ltd.
- ConAgra Foods Inc.
- Del Monte Pacific Limited
- H.J. Heinz Co.
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
