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Canned Vegetable Market Share

Report ID: GMI11956
Published Date: Oct 2024
Report Format: PDF

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Canned Vegetable Market Share

The global canned vegetable industry features a competitive landscape where established brands and emerging players alike strive for a larger market share through diverse strategies. Dominating the scene are industry giants like Del Monte Foods, General Mills, and Goya Foods, who capitalize on their vast distribution networks, robust brand recognition, and continuous product innovation.

Leading players are broadening their product ranges to encompass a wider variety of canned vegetables, aligning with varied consumer tastes. Notably, they're rolling out organic and non-GMO options in response to the rising demand for health-centric products. A growing emphasis on sustainable practices is evident, with companies adopting eco-friendly packaging and responsibly sourcing ingredients. These moves not only bolster their brand image but also resonate with environmentally conscious consumers.

Canned Vegetable Market Companies

Major players operating in the Canned Vegetable industry are:

Del Monte Foods
General Mills
Goya Foods
Jardin BiO étic
Menifine Industries
MORTON
Rosarita
Seneca Foods
Vimal Agro Products
World Finer Foods

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The global market for canned vegetable was reached USD 23.8 billion in 2023 and is estimated to grow at a CAGR of over 4% from 2024 to 2032, driven by increasing health consciousness among consumers.

The tomatoes segment was valued at USD 6 billion in 2023 and is anticipated to grow at a CAGR of 4.9% from 2024 to 2032, driven by the surge in home cooking and the convenience of canned tomatoes.

The household segment was worth over USD 17.7 billion in 2023 and is projected to grow at a CAGR of 4.4% from 2024 to 2032, as consumers seek convenient and nutritious meal solutions.

The U.S. market for canned vegetable was crossed USD 6.6 billion in 2023 and is expected to grow at a CAGR of 5.2% from 2024 to 2032, driven by evolving consumer preferences for healthier, low-sodium, organic, and non-GMO products.

Key players in the canned vegetable industry include Del Monte Foods, General Mills, Goya Foods, Jardin BiO