Food and Beverage Metal Cans Market

Report Code FB 2722
Published in Oct, 2024, By MarketsandMarkets™
Download PDF

Choose License Type

Buy Report Now Inquire Before Buying

Food and Beverage Metal Cans Market by Fabrication Type (Two Pieces, Three Pieces), Material Type (Aluminum, Steel), Degree of Internal Pressure (Vacuum Cans, Pressurized Cans), Coating Type (White Base Cans, Bright Coating Cans), Application (Food, Beverage), Beverage Can Capacity (100 Ml, 250 Ml, 200 Ml, 310 Ml, 330 Ml), And Region – Global Forecast To 2029

Overview

The food and beverage metal cans market is estimated at USD 50.42 billion in 2024 and is projected to reach USD 70.72 billion by 2029, at a CAGR of 7.0% from 2024 to 2029.

Food & beverages have rigorous packaging requirements. They need protection against spoilage, preservation of taste, and assurance that the contents remain safe for human consumption over weeks or even months. Metal packaging excels at meeting these demands and more. It ensures food stays fresh and safe for longer than other packaging types.

The advantages of metal packaging begin with the material itself. Metal is an effective barrier against the three main threats to food preservation—air, light, and moisture. Additionally, it is rigid, durable, and highly resistant to punctures.

Food and Beverage Metal Cans Market

Attractive Opportunities in the Food and Beverage Metal Cans Market

APAC

The market growth in APAC Region can be attributed to the rising population, rising income, increasing urbanization, and rising awareness for sustainability in the region.

Expansions, joint ventures, and product launches would offer lucrative opportunities for market players over the next few years.

The growing population and and need for on-the-go food and beverages in the APAC region are driving the demand for food and beverage metal cans. The growing awareness among consumers about harmful effects of plastic is the other factor driving demand.

The rise in demand for sustainable practices has driven the demand for metal cans as packaging materials. Hence, manufacturers have adopted aluminum packaging at high rates.

The market growth in APAC can be attributed to the rising demand for safe food packaging in the region.

Global Food and Beverage Metal Cans Market Dynamics

Drivers: Recyclable properties of metal cans

Recycling is crucial in the modern aluminum can industry, driving its growth. Recycling aluminum requires only about 5% of the energy needed to produce new aluminum, leading to reduced carbon emissions and cost savings for both businesses and consumers. Consequently, according to industry data, nearly 75% of all aluminum ever produced remains in use today.

On the other hand, steel is fully recyclable and can contain up to 25% recycled material. It is also the most energy-efficient metal for can production. These characteristics make metal cans ideal packaging material for various products, including food, beverages, aerosols, pet food, and various household and industrial items.

Restraints: Move toward alternative packaging options

The metal cans market faces increasing competition from alternative packaging options like Tetrapaks, pouches, and blister packaging. These alternatives are often cheaper, more convenient, and increasingly preferred by food and beverage companies for their innovative features. Pouch and blister packaging offers several advantages, including reduced material costs compared to traditional rigid packaging and enhanced sustainability. Consequently, many fast-moving consumer goods (FMCG) companies are adopting pouch packaging to offer greater convenience to consumers. New designs with easy-open and easy-reclose features are also being developed across various market segments. However, the rising cost of final packaging could impact sales. This dual challenge pressures companies to find a balanced approach that integrates sustainability and cost management.

 

Opportunities: Growing on-the-go snacking trend and portable nature of metal cans

In today’s fast-paced world, where work, leisure, and personal commitments often overlap, consumers increasingly seek convenient food options that align with their busy lifestyles.

The “snackification” trend, where snacks are favored over traditional meals, is gaining traction, fueled by global trends like urbanization. Quick, on-the-go snacks are becoming more appealing as people face longer commutes and heavier workloads. For those working from home or in offices, increased screen time and multitasking make convenient snacking a natural choice. Approximately 67% of individuals worldwide make spontaneous meal decisions.

The retail landscape is undergoing unprecedented change driven by digital innovation. With e-commerce projected to account for over 20% of total retail sales by the end of the year, there’s a significant growth opportunity for the metal cans market as consumers increasingly seek instant gratification.

Challenges: High usage of plastic packaging due to lower cost

Awareness of the benefits of metal packaging for food and beverages is limited in developing countries. Additionally, the high cost of raw materials like steel and aluminum discourages consumers from choosing canned products. A significant challenge for metal can manufacturers is the increasing use of polyethylene terephthalate (PET) bottles, particularly for beverages. Other sustainable packaging materials, such as paper, glass, and plastic, are more cost-effective than metal. Alternatives to metal cans, including Tetra Pak cartons, glass bottles, PET, flexible pouches, and other innovative packaging methods, are also gaining popularity. The growing use of these packaging options is hindering the expansion of the metal cans market. According to the British Plastics Federation (BPF), in 2020, 1.1 million tons of plastic packaging were recycled annually, with the UK recycling up to 39% of its plastic packaging each year.

Global Food and Beverage Metal Cans Market Ecosystem Analysis

The ecosystem analysis of the food and beverage metal cans industry highlights the interconnected roles of various stakeholders. Demand-side companies, including Coca-Cola, PepsiCo, and Nestlé, drive the need for packaging solutions. Manufacturers like Ball Corporation, Crown, and Ardagh Group supply the metal cans, ensuring quality and scalability. Regulatory bodies such as FSSAI, ISO, and Aluminum Association maintain safety and environmental and industry standards. End users like Heineken and AB InBev use these cans to package their beverages, aligning with sustainability and market trends. This ecosystem reflects a collaborative effort between demand, production, regulation, and consumption.

Top Companies in Food and Beverage Metal Cans Market
 

The beverage segment is estimated to account for the largest market share of the food and beverage metal cans market based on application.

Aluminum cans are widely used to package beverages like soda, beer, and wine. In contrast, metal cans are commonly employed for packaging food items such as vegetables, soups, fruits, pet food, and meats. Beverage cans are highly valued for their portability and convenience, making them ideal for active lifestyles—hiking, camping, and other outdoor activities—due to their lightweight, durable nature that resists breakage. They are especially suitable for outdoor locations where glass bottles are prohibited, such as stadiums, concerts, and athletic events, allowing consumers to enjoy their favorite drinks anytime, anywhere.

In 2023, sustainability became a key concern for beverage brands, and this trend is set to continue in 2024. As consumers become more conscious of the environmental impact of their choices and as government regulations tighten globally, sustainability is becoming increasingly important. The European Parliament, for instance, proposed a comprehensive directive on new regulations for green claims and environmental labeling schemes. This new initiative is expected to significantly impact brands and businesses operating in the region, positively affecting the beverage industry’s aluminum and steel cans use.

Based on type, 2-piece metal cans are anticipated to have the highest growth rate in the food and beverage metal cans market.

Two-piece cans come in three main types: draw (shallow draw), where the height is less than the diameter; draw and redraw (DRD); and draw and iron (D&I). These cans have two parts: a body integrated with the bottom lid and a separate lid with an opening. Double seaming attaches the can body to the lids to protect the contents from external contamination. Steel and aluminum are the primary raw materials used in manufacturing these cans, making them ideal for packaging carbonated and non-carbonated beverages like beer, wine, sports drinks, and fruit juices. Two-piece cans offer several advantages over three-piece ones, such as a seamless connection between the body and bottom, allowing for a tighter seal and reduced raw material consumption.

The 2-piece cans segment in the food and beverage metal cans market has grown substantially, fueled by the rising demand for carbonated beverages like soda, energy drinks, and beer. These cans provide a lightweight, cost-effective packaging solution, making them ideal for easy transportation and handling.

The APAC market is projected to grow the fastest in the food and beverage metal cans processing market.

During the forecast period, the Asia Pacific region has been a key growth driver in the global metal cans market for food and beverages. Countries like China and India have significantly contributed to this growth, given their high population density and status as leading producers of fruits and vegetables. These factors are expected to increase the demand for processed food and beverages in the region, making Asia Pacific an emerging market for metal cans in the food and beverage sector. The study considers countries such as China, India, Japan, Thailand, Indonesia, Australia, and New Zealand, where market growth is anticipated to be substantial.

Various packaging types are popular in the region, including flexible, rigid plastic, paper, glass, and metal packaging. The growing population has increased demand from the food and beverage industry. In response, global players like Ball Corporation (US) and Crown Holdings Inc. (US) are expanding into the Asia Pacific market by establishing new manufacturing plants, further boosting the metal cans market for food and beverages. 

HIGHEST CAGR MARKET IN 2024-2029
CHINA FASTEST GROWING MARKET IN THE REGION
Food and Beverage Metal Cans Market

Recent Developments of Food and Beverage Metal Cans Market

  • In July 2024, Silgan Holding Inc. Acquired Weener Packaging. Silgan Holdings Inc. announced today that it has entered into a sale and purchase agreement to acquire Weener Plastics Holdings B.V., a leading manufacturer of specialized dispensing solutions for personal care, food, and healthcare products, for an enterprise value of USD 923 million.
  • In August 2023, Crown's Holdings, Inc. acquired the Saarlouis facility to strengthen its European beverage can operations in Germany, adding around one billion units of annual production capacity. Upon closing, Crown will also take over Helvetia's existing customer base and associated contracts as part of the agreement.
  • In October 2022, Ball Corporation expanded its portfolio and range of infinitely recyclable Ball Aluminum Cups by adding new 9-ounce and 12-ounce options. This met the rising demand for eco-friendly beverage cups while solidifying its leadership in sustainable packaging.
  • In May 2022, Ball Corporation partnered with Coldplay's Music of the Spheres Tour to supply infinitely recyclable Ball Aluminum Cups. The goal was to reduce waste and enhance refill and recycling efforts. This collaboration supported Ball Corporation's market growth by promoting its sustainable packaging solutions and broadening its customer base within the entertainment industry.
  • In April 2022, Ardagh Group acquired Consol Glass, a USD 1 billion acquisition of Consol, broadening its global footprint and strengthening its presence in the African glass packaging market. This acquisition sets the stage for future investments and addresses rising consumer demand.
  • In October 2021, Crown Holdings, Inc. launched a round-to-square tin, available in a shorter size, targeting the luxury market. This distinctive design, paired with customizable finishes, offers uniqueness and collectability. As a 100% recyclable product, it aligns with sustainability objectives, contributing to Crown's market growth.

Key Market Players

Scope of the Report

Report Attribute Details
Market size available for years 2024-2029
Base year considered 2023
Forecast period 2024–2029
Forecast units USD (Million)
Segments Covered By Application, By Degree of Internal Pressure,  By Material Type, By Fabrication Type, By Coating Type, By Beverage Can Capacity and By Region
Regions covered North America, Europe, Asia Pacific, South America and Rest of the World

 

Key Questions Addressed by the Report

Which region is projected to account for the largest share of the food and beverage metal cans market?
The North America region accounted for the largest share in terms of value at USD 12.43 billion in 2024 and is expected to grow at a CAGR of 6.5% during the forecast period.
What is the current size of the global food and beverage metal cans market?
The food and beverage metal cans market is estimated at USD 50.42 billion in 2024 and is projected to reach USD 70.72 billion by 2029, at a CAGR of 7.0% from 2024 to 2029.
Which are the major key players in the food and beverage metal cans market?
The key factors driving the growth of the AI governance market include increasing regulatory compliance pressures driving organizations to adopt governance frameworks, awareness of risk mitigation efforts prompting investments in AI governance tools, AI governance adoption in regulated industries fuelling growth of governance solutions, and demand for trust and transparency expanding the AI governance market.
What are the factors driving the food and beverage metal cans market?
  • Recyclable properties of metal cans
  • High nutritional value, extended shelf life, and low price of canned foods
  • Convenience factors spurring innovations in can manufacturing
Which segment by material source accounted for the largest food and beverage metal cans market share?
By material, the aluminum segment dominated the market for food and beverage metal cans and was valued the largest at USD 27.35 billion in 2024.

 

Personalize This Research

  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
Request A Free Customisation

Let Us Help You

  • What are the Known and Unknown Adjacencies Impacting the Food and Beverage Metal Cans Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
Customized Workshop Request

Table Of Contents

Exclusive indicates content/data unique to MarketsandMarkets and not available with any competitors.

TITLE
PAGE NO
TABLE OF CONTENTS
 
1 INTRODUCTION 
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
    1.3 STUDY SCOPE 
           1.3.1 MARKET SEGMENTATION
           1.3.2 INCLUSIONS & EXCLUSIONS
           1.3.3 REGIONS COVERED
           1.3.4 YEARS CONSIDERED
    1.4 UNIT CONSIDERED 
           1.4.1 CURRENCY/ VALUE UNIT
           1.4.2 VOLUME UNIT CONSIDERED
    1.5 STAKEHOLDERS 
 
2 RESEARCH METHODOLOGY 
    2.1 RESEARCH DATA 
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Key Primary Insights
                    2.1.2.3 Breakdown of Primary Interviews
    2.2 MARKET SIZE ESTIMATION 
           2.2.1 BOTTOM-UP APPROACH
           2.2.2 TOP-DOWN APPROACH
    2.3 DATA TRIANGULATION 
    2.4 RESEARCH ASSUMPTIONS 
           2.4.1 ASSUMPTIONS OF THE STUDY
    2.5 LIMITATIONS AND RISK ASSESSMENT 
    2.6 SUMMARY OF CHANGES  
 
3 EXECUTIVE SUMMARY 
 
4 PREMIUM INSIGHTS 
 
5 MARKET OVERVIEW 
    5.1 INTRODUCTION 
    5.2 MACROECONOMIC OUTLOOK 
    5.3 MARKET DYNAMICS 
           5.3.1  DRIVERS
           5.3.2  RESTRAINTS
           5.3.3  OPPORTUNITIES
           5.3.4  CHALLENGES
    5.4 IMPACT OF GEN AI / AI 
 
6 INDUSTRY TRENDS 
    6.1 INTRODUCTION 
    6.2 SUPPLY CHAIN ANALYSIS 
    6.3 VALUE CHAIN ANALYSIS 
    6.4 TRADE ANALYSIS 
    6.5 TECHNOLOGY ANALYSIS 
           6.5.1  IOT IN PACKING TECHNOLOGY
           6.5.2  NANOTECHNOLOGY IN FOOD PACKAGING INDUSTRY 
    6.6 PRICING ANALYSIS 
           6.6.1  AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TYPE
           6.6.2  AVERAGE SELLING PRICE TREND, BY TYPE
           6.6.3  AVERAGE SELLING PRICE TREND, BY REGION
    6.7 ECOSYSTEM/ MARKET MAP 
           6.7.1 DEMAND SIDE
           6.7.2 SUPPLY SIDE
    6.8 TRENDS/DISRUPTIONS IMPACTING THE CUSTOMER’S BUSINESS 
    6.9 PATENT ANALYSIS 
    6.1 KEY CONFERENCES & EVENTS IN 2024-2025 
    6.11 REGULATORY LANDSCAPE 
           6.11.1 REGULATORY LANDSCAPE
                    6.11.2  REGULATORY BODIES, GOVERNMENT AGENCIES, & OTHER ORGANIZATIONS
    6.12 PORTER’S FIVE FORCES ANALYSIS 
           6.12.1 INTENSITY OF COMPETITIVE RIVALRY
           6.12.2 THREAT OF NEW ENTRANTS
           6.12.3 THREAT OF SUBSTITUTES
           6.12.4 BARGAINING POWER OF SUPPLIERS
           6.12.5 BARGAINING POWER OF BUYERS
    6.13 KEY STAKEHOLDERS & BUYING CRITERIA 
                    6.13.1  KEY STAKEHOLDERS IN THE BUYING PROCESS
                    6.13.2  BUYING CRITERIA
    6.14 CASE STUDY ANALYSIS 
    6.15 INVESTMENT AND FUNDING SCENARIO 
 
7 METAL CANS MARKET, BY FABRICATION TYPE 
    7.1 INTRODUCTION 
    7.2 TWO PIECES   
    7.3 THREE PIECES  
 
8 METAL CANS MARKET, BY MATERIAL TYPE 
    8.1 INTRODUCTION  
    8.2 ALUMINIUM  
           8.2.1 STANDARD GRADE ALUMINIUM 
           8.2.2 HIGH STRENGTH ALUMINIUM
    8.3 STEEL 
           8.3.1 TIN PLATED STEEL 
           8.3.2 TIN FREE STEEL
 
9 METAL CANS MARKET, BY DEGREE OF INTERNAL PRESSURE (QUALITATIVE) 
    9.1 INTRODUCTION  
    9.2 VACUUM CANS 
    9.3 PRESSURIZED CANS 
 
10 METAL CANS MARKET, BY COATING TYPE 
     10.1 INTRODUCTION  
     10.2 WHITE BASE CANS 
     10.3 BRIGHT COATING CANS   
 
11  METAL CANS MARKET, BY APPLICATION 
     11.1 INTRODUCTION  
     11.2 FOOD 
             11.2.1 FRUITS & VEGETABLES 
             11.2.2 CONVENIENCE FOOD
             11.2.3 PET FOOD
             11.2.4 MEAT & SEA FOOD 
             11.2.5 OTHER FOOD PRODUCTS 
     11.3 BEVERAGES  
             11.2.1 ALCOHOLIC BEVERAGES  
             11.2.2 CARBONATED SOFT DRINKS
             11.2.3 SPORTS & ENERGY DRINKS 
             11.2.4 OTHER BEVERAGES  
 
12 METAL CANS MARKET, BY BEVERAGE CAN CAPACITY 
     12.1 INTRODUCTION  
     12.2 100 ML  
     12.3 150 ML 
     12.4 200 ML  
     12.5 310 ML 
     12.6 330 ML  
     12.7 OTHERS 
 
13 METAL CANS MARKET, BY REGION 
     13.1 NORTH AMERICA 
             13.1.1 US
             13.1.2 CANADA
             13.1.3 MEXICO
     13.2 EUROPE 
             13.2.1 GERMANY
             13.2.2 UK
             13.2.3 FRANCE
             13.2.4 SPAIN  
             13.2.5 ITALY  
             13.2.6 REST OF EUROPE
     13.3 ASIA PACIFIC 
             13.3.1 CHINA
             13.3.2 INDIA
             13.3.3 JAPAN 
             13.3.4 THAILAND
             13.3.5 INDONESIA  
             13.3.6 AUSTRALIA & NEW ZEALAND
             13.3.7 REST OF ASIA PACIFIC
     13.4  SOUTH AMERICA 
             13.4.1 BRAZIL
             13.4.2 ARGENTINA
             13.4.3 REST OF SOUTH AMERICA 
     13.5  REST OF THE WORLD 
             13.5.1 MIDDLE EAST 
             13.5.2 AFRICA
 
14 COMPETITIVE LANDSCAPE 
     14.1 OVERVIEW 
     14.2 KEY PLAYERS STRATEGIES/RIGHT TO WIN 
     14.3 REVENUE ANALYSIS  
     14.4 MARKET SHARE ANALYSIS, 2023 
     14.5 BRAND/ PRODUCT COMPARISON 
     14.6 KEY PLAYER ANNUAL REVENUE VS GROWTH 
     14.7 KEY PLAYER EBIT/EBITDA  
     14.8 COMPANY VALUATION AND FINANCIAL METRICES 
     14.9 GLOBAL SNAPSHOT OF KEY MARKET PARTICIPANTS 
     14.1 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 
               14.10.1 STARS
               14.10.2 EMERGING LEADERS
               14.10.3 PERVASIVE PLAYERS
               14.10.4 PARTICIPANTS
               14.10.5 COMPANY FOOTPRINT: KEY PLAYER, 2023
            14.10.5.1 COMPANY FOOTPRINT
            14.10.5.2 REGIONS FOOTPRINT
            14.10.5.3 TYPE FOOTPRINT
            14.10.5.4 APPLICATION FOOTPRINT
     14.11 COMPANY EVALUATION MATRIX: START-UP/SME, 2023 
               14.11.1 PROGRESSIVE COMPANIES
               14.11.2 RESPONSIVE COMPANIES
               14.11.3 DYNAMIC COMPANIES
               14.11.4 STARTING BLOCKS
                       14.11.5  COMPETITIVE BENCHMARKING
            14.11.5.1 DETAILED LIST OF KEY STARTUPS/SME 
            14.11.5.2 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SME
     14.12 COMPETITIVE SCENARIO AND TRENDS 
               14.12.1 NEW PRODUCT LAUNCHES
               14.12.2 DEALS
               14.12.3 OTHERS
 
15 COMPANY PROFILES  
     15.1 KEY PLAYERS 
               15.1.1  CROWN HOLDINGS, INC
               15.1.2  BALL CORPORATION
               15.1.3  ARDAGH GROUP
             15.1.4 CANPACK GROUP
               15.1.5  TOYO SEIKAN GROUP HOLDINGS, LTD.
             15.1.6 SILGAN HOLDINGS INC.
               15.1.7  CPMC HOLDINGS LIMITED
               15.1.8  CCL CONTAINERS 
               15.1.9  CAN PICK S.A 
               15.1.10 KIAN JOO GROUP 
                       15.1.11  ENVASES 
                       15.1.12  UNIVERSAL CAN CORPORATION
               15.1.13 INDEPENDENT CAN COMPANY 
               15.1.14 VISY 
               15.1.15 MAUSER PACKAGING SOLUTIONS 
     15.2 OTHER PLAYERS 
               15.2.1   P.WILKINSON CONTAINERS LTD
               15.2.2  LAGEEN FOOD PACKAGING 
               15.2.3  MASSILLY HOILDINGS S.A.S
             15.2.4 JAMESTRONG PACKAGING
               15.2.5  KINGCAN HOILDINGS LIMITED 
               15.2.6  MULLER AND BAUER GMBH
               15.2.7  HINDUSTAN TIN WORKS LTD
               15.2.8  VOBEV
             15.2.9 SCAN HOLDINGS
               15.2.10  ALNA PACKAGING CO.LTD
 
16  ADJACENT & RELATED MARKETS   
 
17 APPENDIX 

 

The research study involved extensive secondary sources, directories, and databases such as Bloomberg Businessweek and Factiva to identify and collect information useful for a technical, market-oriented, and commercial study of the food and beverage metal cans market. In-depth interviews were conducted with various primary respondents—such as key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants—to obtain and verify critical qualitative and quantitative information and assess prospects.

Secondary Research

The secondary sources referred for this research study include government sources, such as the Food and Agriculture Organization (FAO), the Can Manufacturers India (CMI), Eurostat (EU Database), and various national ministries of the agricultural department, corporate filings (such as annual reports, press releases, investor presentations, and financial statements), and trade, business, and professional associations such as In the secondary research process, various organizations such as The Aluminium Association, Metal Construction Association, and Metal Packaging Europe (MPE), were referred to identify and collect information for this study.

Secondary research was mainly used to obtain key information about the industry's supply chain—the total pool of key players, market classification, and segmentation according to the industry trends and key developments from market-oriented perspectives.

Primary Research

The food and beverage metal cans market comprises several stakeholders, including raw material suppliers, end-product manufacturers, and regulatory organizations in the supply chain. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Primary interviewees from the supply side include research institutions involved in R&D to introduce technology, distributors, wholesalers, importers & exporters of aluminium/steel manufacturers and technology providers. Primary sources from the demand-side include key opinion leaders, executives, vice presidents, and CEOs through questionnaires, emails, and telephonic interviews.

Food and Beverage Metal Cans Market Size, and Share

Note: Three tiers of the companies are defined based on their total revenues in 2022 or 2023, according to the availability of financial data.
Tier 1: Revenue > USD 1 billion
Tier 2: USD 100 million = Revenue = USD 1 billion
Tier 3: Revenue < USD 100 million

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches have been used to estimate and validate the total size of the food and beverage metal cans market. These approaches were extensive to determine the size of the subsegments in the market. The research methodology used to estimate the market size includes the following details:

Food and Beverage Metal Cans Market : Top-Down and Bottom-Up Approach

Food and Beverage Metal Cans Market Top Down and Bottom Up Approach

Data Triangulation

After arriving at the overall market size from the estimation process explained above, the total market was split into several segments and subsegments. The data triangulation and market breakdown procedures were employed, wherever applicable, to estimate the overall food and beverage metal cans market and arrive at the exact statistics for all segments and subsegments. The data was triangulated by studying various factors and trends from the demand and supply sides. Along with this, the market size was validated using both the top-down and bottom-up approaches.

Market Definition

The food and beverage metal cans market refers to the global industry involved in the production, distribution, and utilization of metal cans, primarily made from aluminum or steel, for packaging food and beverages. These cans are widely used for preserving a range of products, including soft drinks, beer, fruit juices, energy drinks, canned vegetables, soups, and ready-to-eat meals.

Key characteristics of metal cans in this market include their durability, ability to protect the contents from contamination, extend shelf life, and support recycling initiatives, which align with sustainability goals. The demand for metal cans is driven by factors such as their lightweight, corrosion-resistant properties, and consumer preference for eco-friendly packaging solutions, along with their ability to be fully recycled without loss of quality. The market encompasses manufacturers of metal cans, suppliers of raw materials (like aluminum and steel), end-user industries (food and beverage companies), and consumers.

Stakeholders

  • Food manufacturers
  • Aluminum can manufacturers
  • Steel can manufacturers
  • Fruit and Vegetable manufacturers
  • Food importers and exporters
  • Intermediary suppliers include traders and distributors of packed foods such as pet food and convenience foods.
  • Government and research organizations
  • Associations and industry bodies:
    • Food and Agriculture Organization (FAO)
    • United States Department of Agriculture (USDA)
    • European Food Safety Authority (EFSA)
    • European Association of Specialty Feed Ingredients and their Mixtures (FEFANA)
    • Organization for Economic Co-operation and Development (OECD)
  • Venture capitalists and investors

Report Objectives

  • To determine and project the size of the food and beverage metal cans market by fabrication type, application, degree of internal pressure, coating type, material type, beverage can capacity, and region over five years, ranging from 2024 to 2029.
  • To analyze opportunities for stakeholders by identifying the high-growth segments of the food and beverage metal cans market
  • To forecast the size of the market segments with respect to five main regions: North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America
  • To analyze subsegments of the food and beverage metal cans market with respect to individual growth trends, prospects, and contributions to the overall market
  • To profile the key players and comprehensively analyze their market sizes and core competencies
  • To track and analyze competitive developments such as product enhancements and new product launches, acquisitions, and partnerships & collaborations in the food and beverage metal cans market globally

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to company-specific scientific needs.

The following customization options are available for the report:

PRODUCT ANALYSIS

  • Product Matrix, which gives a detailed comparison of the product portfolio of each company.

GEOGRAPHIC ANALYSIS

With the given market data, MarketsandMarkets offers customizations according to company-specific scientific needs.

  • Further breakdown of the Rest of the European food and beverage metal cans market, by key country
  • Further breakdown of the Rest of the South American food and beverage metal cans market market, by key country
  • Further breakdown of the Rest of Asia Pacific food and beverage metal cans market market, by key country

COMPANY INFORMATION

  • Detailed analyses and profiling of additional market players

Previous Versions of this Report

Food and Beverage Metal Cans Market by Fabrication Type (2 Piece Cans, 3 Piece Cans), Application (Food and Beverage), Coating Type, Material Type, Beverage Can Capacity, Degree of Internal Pressure, and Region - Global Forecast to 2029

Report Code FB 2722
Published in Oct, 2024, By MarketsandMarkets™

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 2028

Report Code FB 2722
Published in Jun, 2023, By MarketsandMarkets™

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 Code FB 2722
Published in Mar, 2020, By MarketsandMarkets™

Food & Beverage Metal Cans Market by Type (2-piece, 3-piece), Material (Aluminum, Steel), Application (Beverages (Alcoholic, CSD, Sports & Energy Drinks), and Food (Fruits & Vegetables, Convenience Food, Pet Food, Meat & Seafood)) - Global Forecast to 2022

Report Code FB 2722
Published in Oct, 2016, By MarketsandMarkets™

Food & Beverage Metal Cans Market by Application [Beverages (Alcoholic, CSD, Sports & Energy Drinks, Others), Food (Fruit & Vegetable, Convenience Food, Pet Food, Meat & Seafood)], by Material (Aluminum & Steel) - Global Forecast to 2019

Report Code FB 2722
Published in Aug, 2014, By MarketsandMarkets™

Food & Beverage Metal Cans Market by Application [Beverages (Alcoholic, CSD, Sports & Energy Drinks, Others), Food (Fruit & Vegetable, Convenience Food, Pet Food, Meat & Seafood)], by Material (Aluminum & Steel) - Global Forecast to 2019

Report Code FB 2722
Published in Jan, 2011, By MarketsandMarkets™

Custom Market Research Services

We Will Customise The Research For You, In Case The Report Listed Above Does Not Meet With Your Requirements

Get 10% Free Customisation

Growth opportunities and latent adjacency in Food and Beverage Metal Cans Market

Charlotte

May, 2022

what are the different types of metals used for canned food packaging?.

DMCA.com Protection Status