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Food & Beverage Metal Cans Market Worth 63.01 Billion USD by 2022
  • India - English


News provided by

MarketsandMarkets

Oct 24, 2016, 12:30 ET

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PUNE, India, October 24, 2016 /PRNewswire/ --

The report "Food & Beverage Metal Cans Market by Type (2-piece, 3-piece), Material (Aluminum, Steel), Application (Beverages (Alcoholic, CSD, Sports & Energy Drinks), and Food (Fruits & Vegetables, Convenience Food, Pet Food, Meat & Seafood)) - Global Forecast to 2022", The market is projected to reach 551.38 Billion units in terms of volume by 2022, and USD 63.01 Billion in terms of value and CAGR of 3.6% by the same year.

     (Logo: http://photos.prnewswire.com/prnh/20160303/792302 )

Browse 72 market data Tables and 51 Figures spread through 143 Pages and in-depth TOC on "Food & Beverage Metal Cans Market"

http://www.marketsandmarkets.com/Market-Reports/food-cans-market-251.html

Early buyers will receive 10% customization on this report. 

The recyclable and reusable properties of metal cans, cheaper price of canned food, and hygiene offered by packaged food & beverage products are the factors driving the demand for food & beverage metal cans products.

Beverage segment is growing at a higher CAGR in the food & beverage metal cans market 

On the basis of application, the metal cans market is segmented into food & beverage applications. The beverage segment dominated the Food & Beverage Metal Cans Market and is projected to grow at a CAGR from 2016 to 2022, mainly due to convenient packaging, innovations in metal cans in terms of packaging, shapes & sizes, and recyclable properties of metal cans. Growing demand for specialty cans for energy drinks, beer, ready-to-drink, carbonated soft drinks, and juices drive the growth of the overall metal cans market.

Fruits & vegetables: The most widely used sub-application of food metal cans market 

In 2015, the fruits & vegetables segment accounted for the largest share in the food metal cans market in terms of volume and is projected to grow at a competitive CAGR from 2016 to 2022. Packaging of fruits has gained importance in the global food packaging market. Technological innovations have found an alternative source for the intake of fruits during off-seasons. Canned technology helps in preserving the nutritional value of fruits by providing an extended shelf-life, which is expected to drive their demand.

Make an Inquiry: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=251

Asia-Pacific is projected to be the fastest-growing region in the Food & Beverage Metal Cans Market 

Asia-Pacific is projected to be the fastest-growing market for food & beverage metal cans due to booming economy with a large population base ready to spend on processed food & beverages, and rapidly growing consumer markets of China, India, and Japan. In this region, beverage metal cans are majorly used in carbonated soft drinks, whereas food metal cans are majorly used to pack fruits & vegetable products.

The Food & Beverage Metal Cans Market report studies marketing and development strategies, along with the product portfolio of leading companies such as Crown Holdings, Inc. (U.S.), Ball Corporation (U.S.), Silgan Holdings Inc. (U.S.), Ardagh Group (Luxembourg), and CAN-PACK S.A. (Poland). Other players include Kian Joo Group (Malaysia), CPMC Holdings Limited (China), Kingcan Holdings Limited (China), Tetra Laval International S.A. (Switzerland), and HUBER Packaging Group GmbH (Germany).

Browse related reports: 

Beverage Processing Equipment Market by Equipment Type (Brewery, Filtration, Carbonation, Blenders & Mixers, Heat Exchangers & Others), Beverage Type (Alcoholic, Non-Alcoholic & Dairy), & by Region - Global Trends and Forecast to 2020
http://www.marketsandmarkets.com/Market-Reports/beverage-processing-equipment-market-19923228.html

Fruit & Vegetable Processing Market by Product Type (Fresh, Fresh Cut, Canned, Frozen, Dried, Convenience), Equipment (Pre-processing, Processing, Washing & Dewatering, Filling, Seasoning, Packaging), Operation & Region - Global Trend & Forecast to 2019
http://www.marketsandmarkets.com/Market-Reports/fruit-vegetable-processing-market-140232885.html

About MarketsandMarkets 

MarketsandMarkets is the largest market research firm worldwide 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 a 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.

Subscribe Reports from Food and Beverage Domain @ http://www.marketsandmarkets.com/Knowledgestore.asp

Contact:
Mr. Rohan
MarketsandMarkets
701 Pike Street,
Suite 2175, Seattle,
WA 98101, United States
Tel: 1-888-600-6441
Email: [email protected]


Visit MarketsandMarkets Blog@http://www.marketsandmarketsblog.com/market-reports/food-and-beverage

Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

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