Dublin, April 08, 2020 (GLOBE NEWSWIRE) -- The "Food & Beverage Metal Cans Market by Material (Aluminum and Steel), Type (2-Piece and 3-Piece), Degree of Internal Pressure (Pressurized Cans and Vacuum Cans), Application (Food and Beverages), and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The global food & beverage metal cans market is estimated to be valued at USD 27.6 billion in 2020 and is projected to reach USD 37.0 billion by 2025, recording a CAGR of 6.1%.
According to the publisher, the global food & beverage metal cans market is estimated to be valued at USD 27.6 billion in 2020 and is projected to reach USD 37.0 billion by 2025, recording a CAGR of 6.1%. Factors such as the growing demand for ready-to-eat snacks and canned food & beverages across the globe are associated with the growth of the metal cans market in the food & beverage industry.
By material, the aluminium segment accounted for the larger share in 2018.
The aluminium segment accounted for a major share in the global food & beverage metal cans market, on the basis of material, in 2018. Aluminium is majorly used as a raw material in the manufacturing of metal cans. Aluminium is a very cost-effective raw material used in the food & beverage industry and can customize the packaging with colours, 3D prints, and embossing. Due to its properties such as lightweight, impermeable, and high flexibility makes it optimal as a material for packaging, the segment accounted for a significant share in the food & beverage metal cans market.
By degree of internal pressure, the pressurized can segment in the food & beverage metal cans market is estimated to account for the larger share.
Based on the degree of internal pressure, the food & beverage metal cans market is segmented into pressurized cans and vacuum cans. The pressurized cans are estimated to account for the larger share for food & beverage metal cans market, because of their high usage in the beverage industry. Pressurized cans are light in weight and reduce the cost of logistics, therefore driving the market for beverage cans. These cans are suitable for the packaging of carbonated and non-carbonated beverages such as beer, wine, sports drinks, and fruit juices. Hence, the demand for pressurized cans is high in the beverage metal cans market.
North America accounted for the largest share in the food & beverage metal cans market, due to the higher acceptability and growing awareness toward sustainability issues.
The food & beverage metal cans market in the North American region is largely driven by growing consumer awareness toward environmental sustainability. North America is among the biggest consumers of aluminium cans and is mainly dominated by a large number of consumers for packaged food and beverages in the world. Strong investment in R&D and technological advancements are expected to have a positive impact on the domestic production of food & beverage metal cans in North America.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Opportunities in the Food & Beverage Metal Cans Market
4.2 Food & Beverage Metal Cans Market, by Application, 2019
4.3 North America: Food & Beverage Metal Cans Market, by Application And Key Country
4.4 Food & Beverage Metal Cans Market, by Application And Region, 2018
4.5 Food & Beverage Metal Cans Market, by Key Country, 2018
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Recyclable Properties of Metal Cans
5.2.1.2 High Nutritional Value, Extended Shelf Life, And Lower Prices of Canned Foods
5.2.1.3 Convenience Factors Spurring Innovations in Can Manufacturing
5.2.2 Restraints
5.2.2.1 Saturated Market Leads to Sluggish Demand in Developed Regions
5.2.2.2 Move Toward Alternative Packaging Options
5.2.3 Opportunities
5.2.3.1 Growing On-The-Go Snacking Trends And Portable Nature of Metal Cans
5.2.3.2 Emerging Economies Offer High-Growth Potential
5.2.4 Challenges
5.2.4.1 High Usage of Plastic For Packaging Due to Lower Cost
5.2.4.2 Growth in the Trend of Biodegradable Packaging
5.3 Regulations
5.3.1 Us
5.3.2 Europe
5.3.3 India
6 Food & Beverage Metal Cans Market, by Type
6.1 Introduction
6.2 2-Piece Cans
6.2.1 Growth in Demand For 2-Piece Cans Due to Their Economic Stability in the Market
6.3 3-Piece Cans
6.3.1 Critical Growth Potential For 3-Piece Cans Despite Their Low Usage in the Past
7 Food & Beverage Metal Cans Market, by Application
7.1 Introduction
7.2 Food
7.2.1 Fruits & Vegetables
7.2.1.1 Metal Canned Fruits & Vegetables Have a Longer Shelf Life
7.2.2 Convenience Food
7.2.2.1 the Portable Nature of Metal Cans Makes It a Popular Choice For Convenience Food Packaging
7.2.3 Pet Food
7.2.3.1 the Growing Demand For Sustainable Packaging in Pet Food Supports the Growth of Metal Cans
7.2.4 Meat & Seafood
7.2.4.1 Metal Cans Help in Keeping Meat And Seafood Products Fresh
7.2.5 Other Food Products
7.3 Beverages
7.3.1 Alcoholic Beverages
7.3.1.1 the Popularity of Canned Beer is the Major Driving Factor For Metal Cans in the Alcoholic Beverages Segment
7.3.2 Carbonated Soft Drinks
7.3.2.1 Metal Cans Make Soft Drinks Easier to Carry
7.3.3 Sports & Energy Drinks
7.3.3.1 Metal Cans With Attractive Prints Are Gaining Traction in the Sports & Energy Drinks Market
7.3.4 Other Beverages
8 Food & Beverage Metal Cans Market, by Material
8.1 Introduction
8.2 Aluminum Cans
8.2.1 Aluminum'S 100% Recyclable Rates Make It Suitable For the Beverage Industry
8.3 Steel Cans
8.3.1 Benefits of Aluminum Dropping the Sales of Steel Cans
9 Food & Beverage Metal Cans Market, by Degree of Internal Pressure
9.1 Introduction
9.2 Pressurized Cans
9.2.1 Reduces the Weight of Cans And is a Cost-Effective Alternative For Transport
9.3 Vacuum Cans
9.3.1 Increase in Applications of 3-Piece Cans in the Food Industry to Drive the Growth of the Market For Vacuum Cans
10 Food & Beverage Metal Cans Market, by Region
10.1 Introduction
10.2 North America
10.2.1 Us
10.2.1.1 Increase in Production of Biodegradable Packaging Can Turn Into a Threat For Metal Packaging in the Us
10.2.2 Canada
10.2.2.1 Regulations by the Government For Sustainable Packaging Create New Opportunities For Market Players
10.2.3 Mexico
10.2.3.1 Growth of Specialty Cans For Energy Drinks Will Drive the Market For Metal Cans in the Country
10.3 Europe
10.3.1 Russia
10.3.1.1 Consumer Interest And Increase in Different Types of Beverages Will Fuel the Market For Metal Cans in Russia
10.3.2 Uk
10.3.2.1 Global Export of 2.2% of Food & Drinks Drives the Metal Packaging Market in the Country
10.3.3 Germany
10.3.3.1 Shift from Glass And Plastic Packaging Toward Metal Packaging
10.3.4 Spain
10.3.4.1 High Demand from the Processed Food Industry Driving the Production of Metal Cans
10.3.5 Italy
10.3.5.1 Export of Processed Food Will Fuel the Metal Cans Market
10.3.6 France
10.3.6.1 Increase in Exports to Eu Countries For Food & Drinks Has Driven the Metal Cans Market
10.3.7 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.1.1 Increasing Demand For Canned Food in the International Market to Encourage the Production of Metal Cans in the Country
10.4.2 India
10.4.2.1 Increase in Population And Rise in High Disposable Income to Drive the Market For Metal Cans
10.4.3 Japan
10.4.3.1 Focus of the Government On Encouraging the Production of Flexible And Sustainable Packaging to Drive the Market Growth in the Country
10.4.4 Thailand
10.4.4.1 Increased Exports of Canned Fruits And Vegetables to Drive the Growth of the Market in Thailand
10.4.5 Indonesia
10.4.5.1 Growth in Consumption of Non-Carbonated Drinks in the Country Will Drive the Market For Metal Cans
10.4.6 Australia & New Zealand
10.4.6.1 Governments' Focus On the Use of Recyclable Materials For Food & Beverage Packaging to Drive the Market
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Brazil
10.5.1.1 High Demand For Packed Food is Driving the Market For Metal Cans
10.5.2 Argentina
10.5.2.1 Growth in the Exports of Packed Food & Beverages Supports the Growth of Packaging of the Metal Cans Market
10.5.3 Rest of South America
10.6 Rest of the World (Row)
10.6.1 Africa
10.6.1.1 Rapid Growth in Urbanization And Change in Consumer Trends For Sports & Energy Drinks in the Region to Drive the Market For Metal Packaging
10.6.2 Middle East
10.6.2.1 Increasing Consumer Trends Toward Canned Beverages Present Potential Growth For Metal Packaging
11 Competitive Landscape
11.1 Overview
11.2 Competitive Leadership Mapping
11.2.1 Dynamic Differentiators
11.2.2 Innovators
11.2.3 Visionary Leaders
11.2.4 Emerging Companies
11.3 Competitive Benchmarking
11.3.1 Product Portfolio Analysis of Top Players in Food & Beverage Metal Cans Market
11.3.2 Business Strategy Excellence of Top Players in Food & Beverage Metal Cans Market
11.4 Competitive Scenario
11.4.1 Expansions & Investments
11.4.2 New Product Launches
11.4.3 Mergers & Acquisitions
11.4.4 Agreements, Joint Ventures, And Partnerships
11.5 Competitive Leadership Mapping (Startup/SME)
11.5.1 Progressive Companies
11.5.2 Starting Blocks
11.5.3 Responsive Companies
11.5.4 Dynamic Companies
11.6 Competitive Benchmarking
11.6.1 Strength of Product Portfolio
11.6.2 Business Strategy Excellence
12 Company Profiles
12.1 Crown Holdings, Inc.
12.2 Ball Corporation
12.3 Silgan Holdings Inc.
12.4 Ardagh Group
12.5 Can-Pack S.A
12.6 Kian Joo Group
12.7 Cpmc Holdings Limited
12.8 Huber Packaging Group
12.9 Ccl Container
12.10 Toyo Seikan Group Holdings, Ltd.
12.11 Universal Can Corporation
12.12 Independent Can Company
12.13 Visy
12.14 Mauser Packaging Solutions
12.15 Lageen Food Packaging
12.16 Massilly Holding S.A.S
12.17 P. Wilkinson Containers Ltd.
12.18 Unimpack
12.19 Muller And Bauer Gmbh
12.20 Allied Cans
For more information about this report visit https://www.researchandmarkets.com/r/ivhhb
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900