Market Data Forecast

Increasing Urbanization Attributes to the Demand for Canned Food Packaging Market

North America followed by the Europe owing to high consumption of canned food and presence of a large number of food industries dominate the market at the global level.


Hyderabad, India -- (SBWIRE) -- 03/01/2018 -- The Growth of the Canned Food Packaging Market is driven by factors such as increasing demand for nutritional value and hygienic food process. The other factors include canned foods at cheaper price that can be recycled and reused and the easy availability of different food options such as ready to eat, ready to serve and ready to heat. Increasing demand for milk-based products is projected to boost the market. However, availability of different packing methods and the excessive cost of metals, lack of microwavable capability are hindering the growth of the market.

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The largest share of the market is accounted by Fruits and vegetables. The highest growth rate of the
market is held by beverages sub segment of canned food packaging market.

The canned nourishment accordingly is accessible in different sizes, shapes, and styles. Changing client inclination is an issue looked by the sustenance makers as it is eccentric, and, in this way, steady development must be made to pull in them. While offering the benefits of a long time and low costs, canned sustenance experiences a poor customer view of its strength and taste quality.
Metal packaging is a popularly used packaging type as it is convenient to use, easy to transport and safe to consume.

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Based on area, the Canned Food Packaging Market is classified into the Middle East and Africa, Europe, Latin America, and Asia-Pacific, North America. North America is holding the largest share of the Canned Food Packaging Market and is followed by Europe because of the availability of many food industries and high consumption of canned food. Increase in production and consumption capacity makes the Asia Pacific to owe highest share of the market.

The various players in the Canned Food Packaging Market include Anchor Glass Container Corporation, Crown Holdings, Inc., Can-Pack S.A., Del Monte Foods, Inc., Ball Corporation, Amcor Limited, Silgan Holdings Inc., and Ardagh Group.

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