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 $49.20 billion by 2019, at a CAGR of 2.9% from 2014 to 2019.
Browse 89 market data tables and 76 figures spread through 162 pages and in-depth TOC on "Food & Beverage Metal Cans Market - Global Forecast to 2019".
Early buyers will receive 10% customization on this report.
The food and beverage metal cans market is driven by the key market players with expansions and investments as their preferred strategy to sustain the competition in the market and garner a larger market share.
The food & beverage metal cans market report includes both the applications and materials used for manufacturing metal cans. The food & beverage metal cans market by value ($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.
Make an Inquiry: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=251
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.
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252