罐头食品：小罐头大市场，让世界品尝“中国味道” 头豹词条报告系列

Investment Rating - The report rates the canned food industry as having significant growth potential, with an expected compound annual growth rate (CAGR) of 8.62% from 2024 to 2028 [34]. Core Insights - The canned food market in China is primarily dominated by small and medium-sized enterprises, with a low industry concentration and a diverse product range [16][18]. - China holds a leading position in the global canned food industry, accounting for 25% of the world's total production and exporting to nearly 200 countries [17]. - The global canned food market is mature, but there is substantial growth potential in the Chinese market, where per capita consumption is significantly lower than in Western countries [18][31]. - Technological innovations, such as preservation techniques and automated production, are enhancing industry efficiency and product quality, driving market growth [22][36]. Industry Overview - Canned food is defined as commercially sterile food packaged in cans, made from various raw materials including meat, seafood, fruits, and vegetables [3]. - The industry is characterized by a wide variety of products and a significant presence of small to medium enterprises, leading to a fragmented market structure [16][18]. - The market size of the canned food industry in China has fluctuated, with a slight decline from 131.66 billion RMB in 2018 to 130.54 billion RMB in 2023, but is projected to grow to 197.63 billion RMB by 2028 [34]. Market Dynamics - The canned food industry is influenced by international trade dynamics, with exports being a significant component of the market [34]. - In 2023, China's canned food exports reached 2.494 million tons, with a total export value of 4.44 billion USD, showing a year-on-year increase [31]. - The industry is experiencing a shift towards healthier, high-quality canned products, driven by changing consumer preferences and increased health awareness [37]. Competitive Landscape - Major players in the canned food industry are focusing on vertical integration strategies to enhance supply chain resilience and control over raw material quality [23][25]. - The industry is marked by significant regional concentration, with production hubs located in provinces like Zhejiang, Shandong, and Guangdong [27]. - The profitability and market performance of companies within the canned food sector vary significantly, with leading firms like Guangming Meat achieving substantial revenue and profit margins [28].