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Global Canned Market
Global Canned Market
The GMI Research envisions an accelerating growth in the Canned Market over the forecast period. This is because of the surging consciousness about the enormous nutritional advantages and the rising prominence of convenient food.
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Canned Market Dynamics
The robust demand for nutritional food rich in vitamins, fatty acids, functional fibers, protein, and omega-3 has persuaded individuals to choose for canned food items, thereby supplementing the growth of the global canned food market. The hectic lifestyle of individuals has encouraged them to disburse more on seafood items, ready to eat meals, and meat items in order to spare some time. This will further stimulate the market growth. Further, the increasing awareness about the enormous benefits offered by fish and fish food items has significantly fuelled the market demand. The increasing inclination of urban population towards handy food items over home-cooked food products is another driving factor of market.
Besides this, the canned food is largely employed in several fast-food restaurants and chains because of their ease of cooking with less chances of decay. These food items are bereft from pollutants and reserve all the nutritional value of food items, such as, drinks, smoothies, and salads. The prominent market players are choosing for new allusive policies, such as, the innovation of new products and augmentation of production ability to cater the consumer base. Del Monte Foods Inc., one of the principal processed food producing enterprise initiated a “superior and stylish” tinned Gold pineapple fruit primarily targeting the millennials. Furthermore, as per the global canned food market analysis, the surging usage of natural and clean-label products, primarily in the developed nations has persuaded the individuals to choose for canned organic products. Also, the drastic drift of individuals towards non-chemical natural food products due to their enhanced knowledge about the side effects of chemicals added up in the food products.
However, the increasing agitation towards environmental pollutions caused by the ejection of canned food is likely to restrain the canned food market size. The canned food products are produced from aluminium cans with imperishable nature. These cans when subjected to abiotic or biotic factors, discharge hazardous gases and toxic materials.
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