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The global canned vegetable market was valued at USD 23.8 billion in 2023 and is estimated to grow at a CAGR of over 4% from 2024 to 2032. As consumers become more health-conscious, their dietary preferences are shifting. An increasing number of individuals are adding plant-based foods to their diets, boosting the demand for canned vegetables. According to the USDA, the consumption of vegetables has increased by 12% over the past five years. These canned products are viewed as convenient nutrient sources, often promoted for their rich vitamin and mineral content. In response, manufacturers are emphasizing health benefits, such as low-calorie content and high fiber, to resonate with health-focused consumers.
Sustainability stands out as a dominant trend in the canned vegetable market. Consumers are on the lookout for brands that prioritize environmental responsibility. This encompasses sustainably sourcing raw materials, minimizing carbon footprints during production, and opting for eco-friendly packaging. The EPA reports that sustainable practices in food production have reduced greenhouse gas emissions by 18% since 2018. Brands embracing sustainable practices not only bolster their market position but also draw in environmentally conscious consumers. For example, certain companies are choosing BPA-free cans and biodegradable packaging to lessen their environmental footprint.
Report Attribute | Details |
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Base Year: | 2023 |
Canned Vegetable Market Size in 2023: | USD 23.8 Billion |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 4% |
2032 Value Projection: | USD 33.7 Billion |
Historical Data for: | 2021 - 2023 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 172 |
Segments covered: | Product Type, End User, Distribution Channel |
Growth Drivers: |
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Pitfalls & Challenges: |
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