The canned broths market has experienced significant growth in recent years, fueled by changing consumer preferences, increasing demand for convenience foods, and a growing awareness of the benefits of healthy, flavorful broths. As we approach 2025, the market is poised to continue its upward trajectory, driven by innovations in product offerings and growing interest in the health benefits of broths.
Canned broths have become a staple in many kitchens, offering an easy and quick solution for soups, stews, risottos, and other dishes. Consumers, particularly those with busy lifestyles, are increasingly turning to canned broths for their convenience and versatility. The global shift toward ready-to-eat and ready-to-cook meals has also played a role in this surge in demand.
According to market research, the global canned broths market size is expected to reach $7.5 billion by 2025, growing at a compound annual growth rate (CAGR) of 6.5% from 2020. This growth is driven by both increased demand from health-conscious consumers and the convenience factor that canned broths offer.
There are several types of canned broths available on the market, each catering to different dietary needs and preferences. These include:
Chicken Broth: The most common variety, known for its versatility and mild flavor.
Beef Broth: Often used for richer, heartier dishes like stews and gravies.
Vegetable Broth: A plant-based alternative for vegetarians and vegans, made from a variety of vegetables and seasonings.
Bone Broth: Gaining popularity due to its potential health benefits, particularly for gut health and joint support.
One of the primary factors contributing to the growth of the canned broths market is the increasing consumer interest in health and wellness. Bone broth, for example, is rich in collagen, amino acids, and minerals that are beneficial for skin, joints, and gut health. As consumers become more aware of these benefits, demand for bone broth is surging.
In addition, many canned broths
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What are the Type driving the growth of the Canned Broths Market?
Growing demand for below Type around the world has had a direct impact on the growth of the Canned Broths Market:
Pork, Beef, Other
What are the Applications of Canned Broths Market available in the Market?
Based on Application the Market is categorized into Below types that held the largest Canned Broths Market share In 2024.
Supermarket/Hypermarket, Specialist Retailers & Convenience Stores, Online Stores, Other
Who is the largest Manufacturers of Canned Broths Market worldwide?
Kraft Heinz, Campbells, Knorr Foods, Trader Joe's, Hain, Amys Kitchen, Baxters, Compass, Juanitas, General Mills, Kraft Heinz
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Which regions are leading the Canned Broths Market?
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
What is the current size of the canned broths market?
As of 2021, the global canned broths market is estimated to be worth $2.5 billion.
What are the key drivers of growth in the canned broths market?
Increasing consumer demand for convenience foods, rising health consciousness, and the popularity of well-known diets like keto and paleo are driving growth in the canned broths market.
Which regions are experiencing the highest growth in canned broths consumption?
The Asia-Pacific region, particularly China and India, are experiencing the highest growth in canned broths consumption due to the increasing urbanization and adoption of Western dietary habits.
What are the major challenges facing the canned broths market?
Challenges include competition from homemade broths, concerns over high sodium content, and environmental sustainability concerns related to packaging materials.
What are the key players in the canned broths market?
Major players in the canned broths market include Campbell's Soup Company, Pacific Foods, Swanson, and College Inn.
What are the current trends in the canned broths market?
Trends include the introduction of organic and low-sodium options, innovative packaging, and the expansion of product lines to include ethnic flavors and plant-based broths.
What is the forecast for the canned broths market in the next five years?
The global canned broths market is projected to grow at a CAGR of 4.5% from 2021 to 2026, reaching a value of $3.2 billion by the end of the forecast period.
How is the canned broths market affected by COVID-19?
During the pandemic, there was a surge in demand for shelf-stable food products, including canned broths, due to consumers spending more time at home and seeking comforting, easy-to-prepare meals.
What are the packaging trends in the canned broths market?
There is a growing shift towards eco-friendly and sustainable packaging options, such as Tetra Pak and recyclable steel cans, in response to consumer concerns about environmental impact.
What are the consumer preferences when it comes to canned broths?
Consumers are increasingly seeking clean-label products with minimal additives, as well as options that cater to specific dietary needs, such as gluten-free, low-sodium, and organic broths.
How is the distribution landscape for canned broths evolving?
There is an increasing emphasis on e-commerce channels, subscription services, and direct-to-consumer models, in addition to traditional retail outlets, to reach a wider consumer base.
What are the regulatory considerations for the canned broths market?
Regulatory considerations include food safety standards, labeling requirements, and compliance with health claims related to nutritional content and benefits.
What are the growth opportunities for new entrants in the canned broths market?
New entrants have opportunities to differentiate through innovative flavors, functional ingredients, and sustainable practices, as well as targeting niche consumer segments like the aging population and fitness enthusiasts.
What are the technological advancements impacting the canned broths market?
Technological advancements include improved production methods for better flavor retention, packaging innovations for extended shelf life, and the use of natural preservatives to meet clean-label demands.
How is the competitive landscape shaping up in the canned broths market?
Competition is intensifying with the entry of private label brands, smaller manufacturers, and startups offering premium and artisanal canned broths in response to evolving consumer preferences.
What are the export-import trends in the canned broths market?
There is a growing trend of cross-border trade in canned broths, with developed countries exporting to emerging markets and vice versa, driven by increasing international culinary influences and globalization of taste preferences.
What are the considerations for investment in the canned broths market?
Investors should evaluate factors such as market demand, competitive positioning, distribution channels, supply chain resilience, and adherence to sustainable and ethical practices when considering investments in the canned broths market.
What are the foodservice opportunities in the canned broths market?
Foodservice opportunities include the use of canned broths in quick-service restaurants, catering, and institutional settings, as well as in meal kits and ready-to-eat meal solutions for busy consumers.
What are the implications of changing consumer habits on the canned broths market?
Changing consumer habits, such as the preference for home-cooked meals, the rise of flexitarian and plant-based diets, and the demand for on-the-go options, are reshaping product innovation and marketing strategies in the canned broths market.
1. Introduction of the Canned Broths Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Canned Broths Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Canned Broths Market, By Product
6. Canned Broths Market, By Application
7. Canned Broths Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. Canned Broths Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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