France Canned Food Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (Canned Fish/Seafood, Canned Meat Products, Canned Fruits, Canned Vegetables And Other Canned Foods), And By Distribution Channel (Online, Offline, Supermarket/Hypermarket, Convenience Stores, Others) - Forecasts From 2021 To 2026
- Published : Nov 2021
- Report Code : KSI061613291
- Pages : 90
France canned food market is estimated to be valued at US$4,442.722 million in 2019 and is projected to reach US$5,760.296 million in 2026 at a CAGR of 3.78% during the forecast period. Canning is a technique accustomed to preserving foods for long periods of it slow by packing them in airtight containers. This permits food to be shelf-stable and safe to eat for 1 to 5 years or longer. Varied canned foods products offered inside the market embrace food, meat, fruits, vegetables, meats, sweets & desserts, soups & sauces, beans, lentils, and forms of food. The canning method retains several essential nutrients; therefore, canned foods product square measure one in every of the favored decisions of the preserved food product inside the market. The growing range of operating girls has inflated the dependency of shoppers on prepared meals and convenience foods. This, in turn, has a junction rectifier to the growth in demand for shelf-stable and nourishing food, that ultimately fuels the expansion of the canned food market. With the increase in health issues, shoppers square measure additional defrayment more on an organic food product, which offers opportunities for makers to focus on organic canned foods products. makers focus on providing canned foods product with a variety of choices aboard a fine quality, taste, and organic process price to require care of their position inside the competitive market.
The French marketplace for food products is mature, sophisticated, and well served by suppliers from around the world. France’s transportation infrastructure benefits from advanced technology and high-level government investment. Quite 75% of the population lives in urban areas, where there's a robust demand for international cuisine.
By type, canned vegetables are choked with essential nutrients, and in some cases, the nutrients are additional without delay pre-digested than within the recent equivalent. For canned fruit, opt for those canned in 100% juice or water rather than sweetening. Shopping for canned goods through offline channels gives the advantage of confirmation that there ought to be no holes, tears, or openings in food packages. Frozen foods ought to be solid with no signs of thawing.
Growth Factors
- Rising consumer awareness toward hygienic food products
Canning preserves the nutrients of the food products and avoids spoilage due to external factors like sunlight and air. Canned foods products are widely utilized by many nutriment chains and restaurants due to their convenience of cooking and it remains free from any contamination and spoilage for an extended period of time. Since canned fruits are free from any contaminants and at an equivalent retain all the nutritional qualities it is usually utilized in salads, smoothies, drinks, or are directly consumed.
- Increasing demand from consumers for ready-to-cook and ready-to-eat products
The rise in consumer demand for able to cook and prepared to eat food products from both, developed and emerging economies, has aided the canned foods market growth. The increase in the working population and therefore the less time spent on cooking has positively impacted the market growth. The increase within the millennial population and their wide acceptance of ready meals/eat food has led them to choose canned products as they're easier to cook and save preparation time as well.
Impact of COVID-19 on the France canned food market
Due to the occurrence of COVID-19, retail sales of prepacked food are on the point of expertise a positive uplift in current price growth for 2020, with COVID-19 restrictions increasing shopper demands for non-perishable products. Hypermarkets and supermarkets can lead sales in 2020, each having tailored to the occurrence of COVID-19 by inserting safety measures at intervals stores, as well as social distancing and use of masks. Several retailers additionally restricted the number of customers allowed indirectly, whereas providing hand sanitizer for shoppers. The economic impact of COVID-19 might cut back customers' disbursal on food across the forecast amount, as disposable incomes fall. As such, many consumers will look to avoid premium goods, investing instead in cheaper branded options, while some may also rely more on private label lines.
Competitive Insights
The key players for the canned food market are Del Monte (France) S.A., Connétable brand, Rödel & Fils Frères, CSC Brands, L.P and Bush Brothers & Company. For instance, Bush Brothers & Company manufactures a spread of Low-Acid canned foods (LACF) products including baked beans, black beans, butter beans, navy beans, white beans, pinto beans, and hominy.
France Canned Food Market Scope:
Report Metric | Details |
Market size value in 2019 | US$4,442.722 million |
Market size value in 2026 | US$5,760.296 million |
Growth Rate | CAGR of 3.78% from 2019 to 2026 |
Base year | 2019 |
Forecast period | 2021–2026 |
Forecast Unit (Value) | USD Million |
Segments covered | Type, And Distribution Channel |
Companies covered | Del Monte (France) S.A., Connétable brand, Rödel & Fils Frères, CSC Brands, L.P, Bush Brothers & Company |
Customization scope | Free report customization with purchase |
Segmentation:
- By Type
- Canned Fish/Seafood
- Canned Meat Products
- Canned Fruits
- Canned Vegetables
- Other Canned Foods
- By Distribution Channel
- Online
- Offline
- Supermarket/Hypermarket
- Convenience Stores
- Others
1.1. Market Definition
1.2. Market Segmentation
2. Research Methodology
2.1. Research Data
2.2. Assumptions
3. Executive Summary
3.1. Research Highlights
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. France Canned Food Market, By Type
5.1. Canned Fish/Seafood
5.2. Canned Meat Products
5.3. Canned Vegetables
5.4. Canned Fruits
5.5. Other Canned Foods
6. France Canned Food Market, By Distribution Channel
6.1. Online
6.2. Offline
6.2.1. Supermarket/Hypermarket
6.2.2. Convenience Stores
6.2.3. Others
7. Competitive Intelligence
7.1. Major Players and Strategy Analysis
7.2. Emerging Players and Market Lucrativeness
7.3. Mergers, Acquisitions, Agreements, and Collaborations
7.4. Vendor Competitiveness Matrix
8. Company Profiles
8.1. Del Monte (France) S.A.
8.2. Connétable brand
8.3. Rödel & Fils Frères
8.4. CSC Brands, L.P
8.5. Bush Brothers & Company
Del Monte (France) S.A.
Connétable brand
Rödel & Fils Frères
CSC Brands, L.P
Bush Brothers & Company
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