Global Food Cans Global Market Report 2024 Market Overview 2033 : Forecasted Market Size And Growth Rate | Crown Holdings, Inc, Ball Corporation, Ardagh Group S.A, Can-Pack S.A

"The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company presents an extensive market research report on the Food Cans Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.

Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.

Market Sizing:

The food cans market size has grown steadily in recent years. It will grow from $63.56 billion in 2023 to $65.45 billion in 2024 at a compound annual growth rate (CAGR) of 3.0%. The growth in the historic period can be attributed to the increased demand for organic foods, food security initiatives, low-interest rates and increased pet ownership by gen z and gen y adults..

The food cans market size is expected to see steady growth in the next few years. It will grow to $73.85 billion in 2028 at a compound annual growth rate (CAGR) of 3.1%. The growth in the forecast period can be attributed to increasing millennial population, continued technology development, growing awareness about nutritional benefits of canned food and rising penetration of organized retail. Major trends in the forecast period include using aluminum cans to protect the environment, focusing on bpa free cans as they eliminate risks associated with bpa products, investing in high pressure pasteurization equipment and invest in innovative products to provide better and enhanced products..

Request for free sample report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=5310&type=smp

Key Market Players:

Major companies operating in the food cans market report are Crown Holdings, Inc, Ball Corporation, Ardagh Group S.A, Can-Pack S.A, Silgan Holdings Inc., Toyo Seikan Group Holdings Ltd, CPMC Holdings Limited, Visy Industries, Tetra Laval International S.A., Essa Company, Irwin & Souza, Amor Limited, Carnevale Group, Italcomex Export Italian Food, Cantine Brusa Spa, Rieber Foods Polska Sa, Pietro Coricelli Spa, Agrigenus Coop. Agricola, Milko Hurtowe Centrum Nabialu, Zaklady Miesne Nowak Sp. Z O., Dripol Sp. Z O.O, Sulimar Sp. Z O.O, Petropat Sp Z Oo, Jn Pack Ltd, Sps Handel, Galabeks Ltd, Auguricom Serviz, Del Monte Foods, Metal Container Corporation, Mauser Packaging Solutions, White Solder Ltda, Sapin, Mn Gulf Group Fze, Greif South Africa (Pty) Ltd, Metcan Manufacturing Cc, Nampak Products Ltd, Peninsula Drums (Pty) Ltd

Market Drivers:

The increasing penetration of organized retail is expected to be a major driver of the food cans market. Increasing disposable incomes, changing consumer tastes and preferences, changing demographic profiles, and increasing investments are enhancing growth in the organized retail market. In addition, the growing internet penetration and more international retailers initiating operations in different countries and regions are also benefiting the organized retail sector, increasing the reach of various canned food products to consumers across the world. Additionally, in December 2021, according to the Indian Brand Equity Foundation, e-commerce turnover in India reached $50 billion in 2020 and evolved as the eighth-largest market for e-commerce across the globe, and it is predicted to reach $350 billion by 2030. The rising penetration of organized retail drives the market for food cans.

Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/food-cans-global-market-report

The food cans market covered in this report is segmented -

1) By Material: Aluminum Cans, Steel/Tin Cans
2) By Product: 2-Piece Cans, 3-Piece Cans
3) By End Use: Meat, Poultry And Seafood, Pet Food, Bakery And Confectionery, Sauces, Jams And Pickles, Fruits And Vegetables, Tea And Coffee, Other End-Uses

The report answers the following questions:
What are the primary factors propelling the market during the projected period?

In which region is the most substantial growth expected?

Which trend will take center stage in the upcoming period?

Want To Know More About The Business Research Company?

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model "

The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

Global Market Model - World's Most Comprehensive Database

The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps

This release was published on openPR.