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A service for beverage industry professionals · Thursday, January 30, 2025 · 781,546,876 Articles · 3+ Million Readers

Growth of Food Cans Market Driven by Hygiene, Recycling, and E-Commerce Trends

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The food cans market is anticipated to grow at a rapid pace due to the rising consumer awareness about hygienic food products.

VANCOUVER, BRITISH COLUMBIA, CANADA, January 28, 2025 /EINPresswire.com/ -- The food cans market is expected to grow from an estimated USD 27,154.2 million in 2024 to USD 38,648.9 million in 2033, at a CAGR of 4.00%. The food cans market is experiencing rapid growth, driven by increasing consumer awareness of hygienic and long-lasting food products. Canning plays a crucial role in preserving food, enhancing its shelf life while maintaining its nutritional value. As a result, food cans are increasingly popular, with their ability to prevent spoilage from environmental factors such as moisture and sunlight.

Consumers' preference for easy-to-use, hygienic food packaging is driving market demand. Canned foods, such as fruits and vegetables, are widely used for their high nutritional content and convenience. In the United States, around 98% of households store canned food items, underlining their widespread acceptance.

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The recyclability of metal cans is another key factor propelling the market. Recycling aluminum, for instance, uses only 5% of the energy needed to produce new aluminum, reducing carbon emissions and saving costs for both businesses and consumers. Nearly 75% of all aluminum ever produced is still in use. Steel cans, which are also fully recyclable, offer similar environmental benefits. Steel is the least energy-intensive metal in can production and can contain up to 25% recycled material, further enhancing its eco-friendly appeal.

To promote sustainability, key players like Nestlé Purina have introduced campaigns such as the #PurinaRecyclesChallenge, encouraging pet owners to recycle their cans. These initiatives aim to improve recycling practices and reduce littering.

Market Drivers

The rise of food e-commerce is significantly contributing to the growth of the food cans market. Major food companies are expanding their offerings through online grocery platforms. For example, Heinz launched canned soups aimed at online shoppers, while Bumble Bee Foods introduced canned fish products for health-conscious consumers. Nestlé has also added canned meals to its ready-to-eat food line, available through online retailers like Walmart Grocery and Amazon Fresh.

The growing trend of food delivery services is also expected to drive demand for canned foods. By 2026, the online meal delivery sector is expected to reach 2,656 million subscribers. With urbanization on the rise, the demand for convenient, ready-to-cook meals in cans is increasing, supported by higher disposable incomes. By 2029, 540.8 million people are expected to use ready-to-eat meals globally, further propelling the market.

Market Restraints

However, the adoption of food cans is being hindered by the growing preference for alternative packaging solutions such as tetra packs, pouches, and blister packaging. These alternatives are seen as more cost-effective and convenient. In 2022, Tetra Pak sold 193 billion packs globally, underscoring the increasing shift towards these packaging types. The rising demand for sustainability and consumer convenience is pushing food and beverage companies to adopt packaging that is easier to produce and more environmentally friendly.

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Market Segmentation

By material type, aluminum cans currently dominate the market due to their superior ability to preserve food quality. Aluminum offers nearly 100% protection from light, oxygen, and moisture, ensuring longer shelf life. It is lightweight, resistant to rust, and easy to recycle, making it a preferred option for manufacturers. In 2023, aluminum imports reached 4,800 thousand metric tons, reflecting the growing demand for aluminum packaging.

Despite aluminum's dominance, steel cans are also expected to maintain a significant market share. Their recyclability, durability, and ability to shield food from external elements make them an attractive option for food packaging. Steel cans help preserve the food’s minerals, flavor, and aroma, while also being less prone to breakage than glass or plastic alternatives. These qualities are expected to support the continued growth of the steel can market.

Food Cans Top Companies and Competitive Landscape

Crown Holdings, Inc., Wells Can Company, Kian Joo Group, and Silgan Holdings Inc. are the major companies in the food cans market. By concentrating on growth methods, including collaborations, mergers and acquisitions, product launches, and others, these companies are attempting to increase their market share.

In June 2024, Eviosys, a European manufacturer of food cans, ends, and closures, was acquired by Sonoco Products Company, a global supplier of high-value sustainable packaging, from KPS Capital Partners, LP ("KPS") for about USD 3.9 billion. A global provider of metal packaging, Eviosys creates aerosol cans, food cans and ends, metal closures, and promotional packaging to preserve the goods of hundreds of consumer brands.

Some of the key companies in the global Food Cans market include:

Crown Holdings, Inc.

Wells Can Company

Kian Joo Group

Silgan Holdings Inc.

CANPACK S.A. (CANPACK Group)

Aaron Packaging Inc.

Toyo Seikan Group Holdings Ltd.

Visy Industries

Jamestrong Packaging

Colep Packaging

Trivium Packaging

Sonoco Products Company

Food Cans Latest Industry Updates

In April 2024, Startup Innovation announced CanReseal, an inventive can design that reduces food waste by allowing all-metal cans to be resealed after opening. CanReseal can be produced at a cost comparable to conventional can designs and integrates easily into existing seaming and filling manufacturing processes and supply chain networks.

In July 2024, AkzoNobel Packaging Coatings launched the SecurshieldTM 500 Series, an interior coating for easy-open food cans that is free of PVC and bisphenol. It can be easily integrated into current manufacturing processes for a variety of metal food packaging applications.

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Food Cans Market Segmentation Analysis

Material Type Outlook (Revenue, USD Million; 2020-2033)

Steel Cans

Aluminum Cans

Application Outlook (Revenue, USD Million; 2020-2033)

Powder Products

Fruits and Vegetables

Pet Food

Ready Meals

Fish and Seafood

Processed Food

Other Applications

Regional Outlook (Revenue, USD Million; 2020-2033)

North America

United States

Canada

Mexico

Europe

Germany

France

United Kingdom

Italy

Spain

Benelux

Rest of Europe

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific

Latin America

Brazil

Rest of Latin America

Middle East and Africa

Saudi Arabia

UAE

South Africa

Turkey

Rest of MEA

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Look Over transcripts provided by Emergen Research

Food Cans Market Size@ https://www.emergenresearch.com/industry-report/food-cans-market/market-size

Food Cans Market Share@ https://www.emergenresearch.com/industry-report/food-cans-market/market-share

Food Cans Market Trends@ https://www.emergenresearch.com/industry-report/food-cans-market/market-trends

Food Cans Regional Market Demand@ https://www.emergenresearch.com/industry-report/food-cans-market/regional-market-demand

Food Cans Market Analysis@ https://www.emergenresearch.com/industry-report/food-cans-market/market-analysis

Eric Lee
Emergen Research
+91 90210 91709
sales@emergenresearch.com
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