US Canned Foods Demand to Rise 1.9% Annually in Nominal Terms to 2022

Cleveland, OH, October 15, 2018 — US demand for canned foods is forecast to grow 1.9% annually in nominal terms through 2022, according to Canned Foods: United States, a report recently released by Freedonia Focus Reports. Ongoing growth in personal disposable incomes and spending at foodservice establishments will boost sales of canned food to the consumer and foodservice market, respectively, as the convenience and affordability of canned food will continue to represent a key buying factor. In addition, increasing levels of disposable personal income will support consumer spending on premium canned goods that offer high-quality food in a convenient format. However, the perception among many consumers that fresh food is healthier than canned food and ongoing interest in cooking and consuming fresher meals will continue to restrain faster demand growth.

These and other key insights are featured in Canned Foods: United States. This report forecasts to 2022 US canned food demand and shipments in nominal US dollars at the manufacturer level. Total demand and shipments are segmented by product in terms of:

• dressings and sauces
• fruits and vegetables
• dog and cat food
• meat, poultry, and seafood
• dairy products
• soups and stews
• other canned food such as canned baby food, beans, and peanut butter

To illustrate historical trends, total demand, total shipments, the various segments, and trade are provided in annual series from 2007 to 2017.

Canned food is shelf-stable processed food that is heat treated and packaged in airtight containers such as bottles, cans, and jars. In some categories, food that is traditionally packaged in cans but also available in pouches is also included in the scope of this report. Certain specialty canned items, such as canned desserts, table syrup, and honey, are excluded from the scope of this report. Re-exports of canned food are excluded from demand and trade figures.

This report includes the results of a proprietary national online consumer survey of US adults (age 18+). This Freedonia Focus Reports National Survey has a sample size of approximately 2,000, screened for response quality, and representative of the US population on the demographic measures of age, gender, geographic region, race/ethnicity, household income, and the presence/absence of children in the household.

More information about the report is available at:

https://www.freedoniafocusreports.com/Canned-Foods-United-States-FF10012/