Food Metal Cans Market Trends, Size, Analysis, Top Players 2021-2031
The Food Metal Cans Market is expected to register a CAGR of 6.9% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The Food Metal Cans Market report covers analysis By Material (Aluminum, Steel, Others); Application (Processed Food, Fish and Seafood, Fruits and Vegetables, Dairy Products, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Food Metal Cans Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Food Metal Cans Market Segmentation
Material- Aluminum
- Steel
- Processed Food
- Fish and Seafood
- Fruits and Vegetables
- Dairy Products
Strategic Insights
Food Metal Cans Market Growth Drivers- Increasing Demand for Processed and Packaged Foods: Metal cans are more recyclable and hence adopted for packaging. Market analysis is well above, spurred by eco-conscious consumers. Metal cans guarantee longer shelf life and prevent contamination; therefore, they are perfect for food preservation. Competitive analysis has indicated that the above attributes are a principal reason for widespread growth in global markets.
- Increasing adoption of ready-to-eat meals: Market demand growth is supported through the increasing adoption of ready meals and canned drinks. Studies indicate that steady growth can be expected over the coming years through urbanization and busy lifestyles.
- Rising Demand for Sustainable and Recyclable Packaging:
As consumers become more environmentally conscious, there is a growing demand for sustainable packaging solutions.
- Shift Towards Lightweight and Easy-to-Handle Cans:
There is an increasing trend toward the development of lighter metal cans that are easier to handle and transport. Lightweight cans help reduce shipping costs and carbon emissions, aligning with both cost efficiency and sustainability goals.
- Innovation in Can Designs and Sizes:
Manufacturers are focusing on innovating metal can designs, offering different shapes, sizes, and features such as easy-open tops and resealable lids. These innovations cater to consumer preferences for convenience and improved functionality, especially in snack foods and beverages.
- Growth in Organic and Health-Conscious Packaging:
There is a rising consumer demand for organic and health-focused food products, and food metal cans are increasingly being used for packaging organic products like fruits, vegetables, and beverages. Consumers appreciate the preservation of flavor and nutrients, as well as the safety and convenience offered by metal can packaging.
- Sustainability Initiatives: As consumers become more environmentally conscious, food manufacturers are moving toward sustainable packaging solutions. Food metal cans present a growth opportunity as demand increases for recyclable and eco-friendly packaging, particularly in North America and Europe.
- Convenience-Driven Consumption: The demand for convenience-driven consumption is increasing with the emergence of on-the-go and ready-to-eat meals. Thus, manufacturers can capitalize on this growth opportunity by innovating in can designs that offer convenience, improved shelf life, and portability to expand their market share.
- Expanding Applications Beyond Traditional Food Products:
Food metal cans are increasingly being used for non-traditional applications, such as beverage packaging (e.g., soft drinks, juices, and energy drinks), pet food, and plant-based food products. Expanding the use of metal cans beyond traditional food products opens new revenue streams for manufacturers. - Growing in Emerging Economies: the growth of cities and rising disposable income in the Asia-Pacific region increases the requirement of packaged and processed food. The market for food metal cans offers a high growth opportunity in these geographies, where the manufacturers gain entry to the new customer base and enhance their market penetration.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Food Metal Cans Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Food Metal Cans Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
Some of the customization options available based on request are additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Key companies of this market are: AB InBev, AlliedCans, Ardagh Group, Ball Corporation, CAN-PACK S.A., CPMC Holdings Limited, Crown Holdings Inc., Kian Joo Group, Silgan Holdings Inc., Aviko B.V.
Key future trends in this market are - Sustainability Focus #Premium Packaging #Technological Advancements
The Food Metal Cans Market is estimated to witness a CAGR of 6.9% from 2023 to 2031.
The major factors driving the market are: Sustainability and recycling initiatives, Durability and preservation benefits, Rising demand for canned foods.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Food Metal Cans Market - By Material
1.3.2 Food Metal Cans Market - By Application
1.3.3 Food Metal Cans Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. FOOD METAL CANS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. FOOD METAL CANS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. FOOD METAL CANS MARKET - GLOBAL MARKET ANALYSIS
6.1. FOOD METAL CANS - GLOBAL MARKET OVERVIEW
6.2. FOOD METAL CANS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. FOOD METAL CANS MARKET - REVENUE AND FORECASTS TO 2028 - MATERIAL
7.1. OVERVIEW
7.2. MATERIAL MARKET FORECASTS AND ANALYSIS
7.3. ALUMINUM
7.3.1. Overview
7.3.2. Aluminum Market Forecast and Analysis
7.4. STEEL
7.4.1. Overview
7.4.2. Steel Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. FOOD METAL CANS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. PROCESSED FOOD
8.3.1. Overview
8.3.2. Processed Food Market Forecast and Analysis
8.4. FISH AND SEAFOOD
8.4.1. Overview
8.4.2. Fish and Seafood Market Forecast and Analysis
8.5. FRUITS AND VEGETABLES
8.5.1. Overview
8.5.2. Fruits and Vegetables Market Forecast and Analysis
8.6. DAIRY PRODUCTS
8.6.1. Overview
8.6.2. Dairy Products Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. FOOD METAL CANS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Food Metal Cans Market Overview
9.1.2 North America Food Metal Cans Market Forecasts and Analysis
9.1.3 North America Food Metal Cans Market Forecasts and Analysis - By Material
9.1.4 North America Food Metal Cans Market Forecasts and Analysis - By Application
9.1.5 North America Food Metal Cans Market Forecasts and Analysis - By Countries
9.1.5.1 United States Food Metal Cans Market
9.1.5.1.1 United States Food Metal Cans Market by Material
9.1.5.1.2 United States Food Metal Cans Market by Application
9.1.5.2 Canada Food Metal Cans Market
9.1.5.2.1 Canada Food Metal Cans Market by Material
9.1.5.2.2 Canada Food Metal Cans Market by Application
9.1.5.3 Mexico Food Metal Cans Market
9.1.5.3.1 Mexico Food Metal Cans Market by Material
9.1.5.3.2 Mexico Food Metal Cans Market by Application
9.2. EUROPE
9.2.1 Europe Food Metal Cans Market Overview
9.2.2 Europe Food Metal Cans Market Forecasts and Analysis
9.2.3 Europe Food Metal Cans Market Forecasts and Analysis - By Material
9.2.4 Europe Food Metal Cans Market Forecasts and Analysis - By Application
9.2.5 Europe Food Metal Cans Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Food Metal Cans Market
9.2.5.1.1 Germany Food Metal Cans Market by Material
9.2.5.1.2 Germany Food Metal Cans Market by Application
9.2.5.2 France Food Metal Cans Market
9.2.5.2.1 France Food Metal Cans Market by Material
9.2.5.2.2 France Food Metal Cans Market by Application
9.2.5.3 Italy Food Metal Cans Market
9.2.5.3.1 Italy Food Metal Cans Market by Material
9.2.5.3.2 Italy Food Metal Cans Market by Application
9.2.5.4 United Kingdom Food Metal Cans Market
9.2.5.4.1 United Kingdom Food Metal Cans Market by Material
9.2.5.4.2 United Kingdom Food Metal Cans Market by Application
9.2.5.5 Russia Food Metal Cans Market
9.2.5.5.1 Russia Food Metal Cans Market by Material
9.2.5.5.2 Russia Food Metal Cans Market by Application
9.2.5.6 Rest of Europe Food Metal Cans Market
9.2.5.6.1 Rest of Europe Food Metal Cans Market by Material
9.2.5.6.2 Rest of Europe Food Metal Cans Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Food Metal Cans Market Overview
9.3.2 Asia-Pacific Food Metal Cans Market Forecasts and Analysis
9.3.3 Asia-Pacific Food Metal Cans Market Forecasts and Analysis - By Material
9.3.4 Asia-Pacific Food Metal Cans Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Food Metal Cans Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Food Metal Cans Market
9.3.5.1.1 Australia Food Metal Cans Market by Material
9.3.5.1.2 Australia Food Metal Cans Market by Application
9.3.5.2 China Food Metal Cans Market
9.3.5.2.1 China Food Metal Cans Market by Material
9.3.5.2.2 China Food Metal Cans Market by Application
9.3.5.3 India Food Metal Cans Market
9.3.5.3.1 India Food Metal Cans Market by Material
9.3.5.3.2 India Food Metal Cans Market by Application
9.3.5.4 Japan Food Metal Cans Market
9.3.5.4.1 Japan Food Metal Cans Market by Material
9.3.5.4.2 Japan Food Metal Cans Market by Application
9.3.5.5 South Korea Food Metal Cans Market
9.3.5.5.1 South Korea Food Metal Cans Market by Material
9.3.5.5.2 South Korea Food Metal Cans Market by Application
9.3.5.6 Rest of Asia-Pacific Food Metal Cans Market
9.3.5.6.1 Rest of Asia-Pacific Food Metal Cans Market by Material
9.3.5.6.2 Rest of Asia-Pacific Food Metal Cans Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Food Metal Cans Market Overview
9.4.2 Middle East and Africa Food Metal Cans Market Forecasts and Analysis
9.4.3 Middle East and Africa Food Metal Cans Market Forecasts and Analysis - By Material
9.4.4 Middle East and Africa Food Metal Cans Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Food Metal Cans Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Food Metal Cans Market
9.4.5.1.1 South Africa Food Metal Cans Market by Material
9.4.5.1.2 South Africa Food Metal Cans Market by Application
9.4.5.2 Saudi Arabia Food Metal Cans Market
9.4.5.2.1 Saudi Arabia Food Metal Cans Market by Material
9.4.5.2.2 Saudi Arabia Food Metal Cans Market by Application
9.4.5.3 Rest of Middle East and Africa Food Metal Cans Market
9.4.5.3.1 Rest of Middle East and Africa Food Metal Cans Market by Material
9.4.5.3.2 Rest of Middle East and Africa Food Metal Cans Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. FOOD METAL CANS MARKET, KEY COMPANY PROFILES
11.1. AB INBEV
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. ALLIEDCANS
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. ARDAGH GROUP
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. BALL CORPORATION
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. CAN-PACK S.A.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. CPMC HOLDINGS LIMITED
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. CROWN HOLDINGS INC.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. KIAN JOO GROUP
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SILGAN HOLDINGS INC.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. AVIKO B.V.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. AB InBev
2. AlliedCans
3. Ardagh Group
4. Ball Corporation
5. CAN-PACK S.A.
6. CPMC Holdings Limited
7. Crown Holdings Inc.
8. Kian Joo Group
9. Silgan Holdings Inc.
10. Aviko B.V.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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