Summary

Canned Food Packaging Market Size, Growth, Trends, Analysis, Future Scope, By Material (Metal, Steel, Aluminum, Others), Type of Food Product (Readymade Meals, Meat, Sea Food) - Forecast To 2023

Canned Food Packaging Market Analysis

The global canned food packaging market is projected to have a significant growth at an impressive 4.01% CAGR over the forecast period (2017-2023). Resealable, easier opening and convenience are factors that have led to the immense recognition of canned food products. People’s hectic lifestyle has resulted in an increased demand for food offerings that is nutritious and convenient and canned foods perfectly fits here. The sealed, airtight metal containers help to increase the shelf life along with retaining the nutritional content of the food products. In fact, canned food products cater to the needs of consumers that are health-conscious and look for nutritious food products. The quality and taste of food products are perfectly preserved against numerous conditions through the use of the metal cans from manufacturing up to its supply to the various distribution outlets.

There are various factors that is pushing the growth of the canned food packaging market. These factors in accordance to the Market Research Future (MRFR) report include recyclable and reusable properties of cans, convenience factors such as size, shape and application, influence of western culture, lower cost and added nutrients of canned foods, and packaging of innovative and creative style that enhances the product appeal.

Request Free Sample Copy With TOC @ https://www.marketresearchfuture.com/sample_request/5106

Key Players

Leading players profiled in the canned food packaging market include

• Huber Packaging (Germany)
• Ball Corporation (U.S.)
• Toyo Seikan Kaisha Ltd. (Japan)
• Rexam Plc. (U.K.)
• Silgan Holdings Inc. (U.S.)
• Grief Incorporated (U.S.)
• Crown Holdings (U.S.)
• CPMC Holdings Ltd. (China)
• Ardagh Group (Luxembourg)
• Amcor Ltd. (Australia) and others.

Industry News

May 2019- Keystone Meats that offers meal solutions and canned meat of premium quality has announced about its innovation and transformation associated to non-BPA packaging initiative. This packaging will enable the company in continuing to commit to the needs of its consumers and at the same time will remain true to the company’s authentic quality, the all-natural meat standard. The cans are made with aluminum that is 100% recyclable and can be infinitely recycled with no compromise on quality. 

Market Segmentation

MRFR report offers a wide segmental analysis of the canned food packaging market on the basis of material and type of food product.

Based on material, the canned food packaging market is segmented into aluminum, steel, metal and others. Of these, aluminum will have the largest share in the market over the forecast period owing to its properties such as reduced self-weight and high corrosion resistance.

Based on the type of food product, the canned food packaging market is segmented into meat and seafood and readymade meals. Of these, meat and seafood will domineer the market over the forecast period owing to consumers increasing inclination towards food that is protein-rich, and individuals growing disposable income.

Regional Analysis

By region, the canned food packaging market covers growth opportunities and latest trends across Rest of the World, Asia Pacific, Europe and North America. Europe and North America were leading the market due to high consumption of processed food and canned beverages. Their markets, however have been saturated thus are predicted to grow at a slow pace. At present, APAC is having the largest share in the market and is expected to hold its position over the forecast period. Developing economies such as Brazil, China and India have transformed their purchasing patterns by buying more packaged foods that in turn is boosting the market growth. The easy accessibility of labor and raw materials in China makes it a highly beneficial region to set up manufacturing facilities. Also, inclination for low prices and long shelf life is driving the growth of the canned food packaging market. The demand for beverages in this region is on the rise owing to increasing purchasing power and changing lifestyles.

Access Full Report With Complete TOC @ https://www.marketresearchfuture.com/reports/canned-food-packaging-market-5106

Table Of Contents

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Threat Of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power Of Buyers

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

Continues…….

For Press Release, Click @ https://www.reuters.com/brandfeatures/venture-capital/article?id=120513

About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact

Market Research Future

Phone: +1646 845 9312

Email: sales@marketresearchfuture.com