Report ID: SQMIC30I2391
Report ID:
SQMIC30I2391 |
Region:
Country |
Published Date: February, 2024
Pages:
157
|
Tables:
65 |
Figures:
75
The large number of regional players and intense competition in the U.S. canned food business are its defining features. With consumers focusing on purchasing from well-known brand names for quality assurance, it is anticipated that the threat of new competitors in the industry will stay low. The market for smaller players is smaller because the main players have powerful brands and high-volume production facilities. The danger posed by new entrants is also increased by the strict regulatory requirements and government policies. The establishment of canning plants is also seen to have resulted in a sizable capital expenditure.
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Report ID: SQMIC30I2391