This research report provides in-depth market insight into the global food & beverage metal cans market that is currently the one of the prominent segments in the food & beverage packaging industry witnessing a steady growth particularly in the Asia-Pacific and RoW regions.The food & beverage metal cans market by value accounted for $ 41.38 billion in 2013, & is projected to reach $ 49.20 Billion by 2019, growing at a CAGR of 2.9%.

Dallas, TX -- (SBWire) -- 04/22/2015 --The report "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", the global food & beverage metal cans market in terms of value ($ billion) is projected to reach $49.20 billion by 2019, at a CAGR of 2.9% from 2014 to 2019.

Browse 89 market data tables and 76 figures spread through 162 pages and in-depth TOC on "Food & Beverage Metal Cans Market - Global Forecast to 2019".
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The food and beverage metal cans market is driven by the key market players with expansions and investments as their preferred strategy to sustain the competition in the market and garner a larger market share.

The food & beverage metal cans market report includes both the applications and materials used for manufacturing metal cans. The food & beverage metal cans market by value ($billion) is projected to grow at a CAGR of 2.9%, from 2014 to 2019. Rise in environmental concerns among the can manufacturers as well as end users, together with ease of recycling & reusing metal cans as compared to PET is driving the demand for food and beverage metal cans. Increasing usage of plastic packaging types such as PET bottles and growing demand for cartons act as a major threat to the food & beverage metal cans market.

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Beverage application holds the majority share in the application market. This is mainly due to the companies looking to provide convenience factor for consumers while consuming beverages. In beverage applications carbonated soft drinks (CSD) held the majority share while sports and energy drinks exhibited the fastest growth. Growth of beverage consumption in emerging markets such as China, India, Indonesia, Africa, Middle East and Brazil is set to drive demand for beverage metal cans. There is a stark difference in terms of raw material usage in beverage and food applications. Beverage cans are mostly made up of aluminum while steel is predominantly used for food metal cans.

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