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 expansion observed in the historical period can be attributed to an increased demand for organic foods, initiatives focused on food security, low-interest rates, and a rise in pet ownership among Generation Z and Millennials (Generation 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 anticipated growth in the forecast period can be attributed to the increasing millennial population, ongoing developments in technology, a growing awareness of the nutritional benefits of canned food, and a rising penetration of organized retail. Key trends expected in the forecast period encompass the use of aluminum cans to promote environmental protection, a focus on BPA-free cans to eliminate risks associated with BPA products, investments in high-pressure pasteurization equipment, and a commitment to investing in innovative products to enhance overall quality and offerings.
The food cans market is anticipated to witness significant growth, propelled by the increasing penetration of organized retail. Factors such as rising disposable incomes, evolving consumer preferences, changing demographics, and increased investments contribute to the growth of organized retail. Additionally, the expanding reach of international retailers, driven by growing internet penetration, is enhancing the accessibility of various canned food products globally. Notably, in December 2021, India's e-commerce turnover reached $50 billion, making it the eighth-largest global e-commerce market, with projections to reach $350 billion by 2030. This surge in organized retail activities is a key driver for the food cans market.
The awareness regarding the nutritional benefits of canned foods, especially fresh or frozen fish and seafood, is driving the growth of the food cans market. Canned seafood is preferred for its preserved nutrients, extended shelf life, and convenience when fresh alternatives are not readily available. Canning processes maintain the nutritional value of minerals, fat-soluble vitamins, protein, fat, and carbohydrates. To meet the rising demand for canned foods, manufacturers are focusing on designing lightweight and optimized food cans. For instance, 98% of Americans reportedly keep canned foods in their kitchens, and the efficient packaging of canned peaches significantly reduces spoilage compared to fresh peaches, saving resources while preserving nutritional value.
Recyclable aluminum cans are reshaping the food cans market, with companies emphasizing their use to enhance sustainability. In September 2022, Suntory Holdings Limited introduced a 100% recycled aluminum can, contributing to reduced greenhouse gas emissions and environmental pollution. This innovative design has specific requirements to maintain the quality of the packaged product. The adoption of recyclable materials aligns with environmental consciousness in the food cans market.
The food cans market is witnessing increased investments driven by rapid technological advancements. Companies are heavily investing in product innovation to offer safe and reliable products to consumers. For example, American Canning, a US-based aluminum cans and packaging supplies company, expanded its operations in 2022 by establishing an environmentally-conscious aluminum can manufacturing plant and a second shrink-sleeve line. This investment is aimed at incorporating eco-friendly practices into the manufacturing process.
In April 2022, Ball Corporation, a US-based aluminum can manufacturer, collaborated with Recycle Aerosol LLC, a US-based aluminum aerosol container manufacturing company focused on recycling waste materials. This partnership aims to increase the recycling of aluminum aerosol cans, establishing an energy- and carbon-efficient closed-loop process where discarded aerosol cans are recycled into new ones, promoting sustainability in the food cans market.
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.
North America was the largest region in the food cans market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the food cans market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the food cans market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The primary materials used for food cans are aluminum and steel. Aluminum cans are made from aluminum alloys, prized for their strength and lightweight properties. Food cans are commonly available in 2-piece or 3-piece configurations. These cans are widely used in diverse sectors including meat, poultry, and seafood, pet food, bakery and confectionery, sauces, jams and pickles, fruits and vegetables, and tea and coffee, among other applications.
The food cans market research report is one of a series of new reports that provides food cans market statistics, including food cans industry global market size, regional shares, competitors with a food cans market share, detailed food cans market segments, market trends and opportunities, and any further data you may need to thrive in the food cans industry. This food cans market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The food can market consists of sales of chromium-coated steel, tin cans, and paper cans. Glass cans and plastic cans. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
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 anticipated growth in the forecast period can be attributed to the increasing millennial population, ongoing developments in technology, a growing awareness of the nutritional benefits of canned food, and a rising penetration of organized retail. Key trends expected in the forecast period encompass the use of aluminum cans to promote environmental protection, a focus on BPA-free cans to eliminate risks associated with BPA products, investments in high-pressure pasteurization equipment, and a commitment to investing in innovative products to enhance overall quality and offerings.
The food cans market is anticipated to witness significant growth, propelled by the increasing penetration of organized retail. Factors such as rising disposable incomes, evolving consumer preferences, changing demographics, and increased investments contribute to the growth of organized retail. Additionally, the expanding reach of international retailers, driven by growing internet penetration, is enhancing the accessibility of various canned food products globally. Notably, in December 2021, India's e-commerce turnover reached $50 billion, making it the eighth-largest global e-commerce market, with projections to reach $350 billion by 2030. This surge in organized retail activities is a key driver for the food cans market.
The awareness regarding the nutritional benefits of canned foods, especially fresh or frozen fish and seafood, is driving the growth of the food cans market. Canned seafood is preferred for its preserved nutrients, extended shelf life, and convenience when fresh alternatives are not readily available. Canning processes maintain the nutritional value of minerals, fat-soluble vitamins, protein, fat, and carbohydrates. To meet the rising demand for canned foods, manufacturers are focusing on designing lightweight and optimized food cans. For instance, 98% of Americans reportedly keep canned foods in their kitchens, and the efficient packaging of canned peaches significantly reduces spoilage compared to fresh peaches, saving resources while preserving nutritional value.
Recyclable aluminum cans are reshaping the food cans market, with companies emphasizing their use to enhance sustainability. In September 2022, Suntory Holdings Limited introduced a 100% recycled aluminum can, contributing to reduced greenhouse gas emissions and environmental pollution. This innovative design has specific requirements to maintain the quality of the packaged product. The adoption of recyclable materials aligns with environmental consciousness in the food cans market.
The food cans market is witnessing increased investments driven by rapid technological advancements. Companies are heavily investing in product innovation to offer safe and reliable products to consumers. For example, American Canning, a US-based aluminum cans and packaging supplies company, expanded its operations in 2022 by establishing an environmentally-conscious aluminum can manufacturing plant and a second shrink-sleeve line. This investment is aimed at incorporating eco-friendly practices into the manufacturing process.
In April 2022, Ball Corporation, a US-based aluminum can manufacturer, collaborated with Recycle Aerosol LLC, a US-based aluminum aerosol container manufacturing company focused on recycling waste materials. This partnership aims to increase the recycling of aluminum aerosol cans, establishing an energy- and carbon-efficient closed-loop process where discarded aerosol cans are recycled into new ones, promoting sustainability in the food cans market.
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.
North America was the largest region in the food cans market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the food cans market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the food cans market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The primary materials used for food cans are aluminum and steel. Aluminum cans are made from aluminum alloys, prized for their strength and lightweight properties. Food cans are commonly available in 2-piece or 3-piece configurations. These cans are widely used in diverse sectors including meat, poultry, and seafood, pet food, bakery and confectionery, sauces, jams and pickles, fruits and vegetables, and tea and coffee, among other applications.
The food cans market research report is one of a series of new reports that provides food cans market statistics, including food cans industry global market size, regional shares, competitors with a food cans market share, detailed food cans market segments, market trends and opportunities, and any further data you may need to thrive in the food cans industry. This food cans market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The food can market consists of sales of chromium-coated steel, tin cans, and paper cans. Glass cans and plastic cans. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Food Cans Market Characteristics3. Food Cans Market Trends and Strategies32. Global Food Cans Market Competitive Benchmarking33. Global Food Cans Market Competitive Dashboard34. Key Mergers and Acquisitions in the Food Cans Market
4. Food Cans Market - Macro Economic Scenario
5. Global Food Cans Market Size and Growth
6. Food Cans Market Segmentation
7. Food Cans Market Regional and Country Analysis
8. Asia-Pacific Food Cans Market
9. China Food Cans Market
10. India Food Cans Market
11. Japan Food Cans Market
12. Australia Food Cans Market
13. Indonesia Food Cans Market
14. South Korea Food Cans Market
15. Western Europe Food Cans Market
16. UK Food Cans Market
17. Germany Food Cans Market
18. France Food Cans Market
19. Italy Food Cans Market
20. Spain Food Cans Market
21. Eastern Europe Food Cans Market
22. Russia Food Cans Market
23. North America Food Cans Market
24. USA Food Cans Market
25. Canada Food Cans Market
26. South America Food Cans Market
27. Brazil Food Cans Market
28. Middle East Food Cans Market
29. Africa Food Cans Market
30. Food Cans Market Competitive Landscape and Company Profiles
31. Food Cans Market Other Major and Innovative Companies
35. Food Cans Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Food Cans Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on food cans market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
- Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for food cans? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered: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
Key Companies Mentioned: Crown Holdings, Inc; Ball Corporation; Ardagh Group S.A; Can-Pack S.A; Silgan Holdings Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- 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
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | February 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 65.45 Billion |
Forecasted Market Value ( USD | $ 73.85 Billion |
Compound Annual Growth Rate | 3.1% |
Regions Covered | Global |
No. of Companies Mentioned | 37 |