Food & Beverage Metal Cans Market Demand, Size, Share, Growth, Forecast 2032

Food & Beverage Metal Cans Industry Prospective:

The global food & beverage metal cans market size was worth around USD 67.41 billion in 2023 and is predicted to grow to around USD 114.09 billion by 2032 with a compound annual growth rate (CAGR) of roughly 6.02% between 2024 and 2032.

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Food & Beverage Metal Cans Market Overview:

Metal cans are mainly used for the packaging of food and beverage and it was originally introduced at the onset of the 19th century. Primarily, metal cans were used for wine packaging but later it expanded to several industrial end-uses such as oils, chemicals, and food & beverages products, among others. Metal cans are made up of aluminum & steel and are used for packaging in various industries. High availability and ease of use have assisted the acceptance of metal cans in the packaging industry. In addition, innovations of metal cans in the manufacturing process, sizes, and shapes have taken the packaging industry on another level. Additionally, better preservation and superior shelf-life have increased the usage of metal cans in the food & beverage industry. Impressive selling strategies by food & beverage industries towards the use of metal cans have created a huge impact on the global market, as it is considered as trendy and difficult to modify with, while users also consider it as handy and economical. Thus, these beneficial key factors are expected to fuel the food & beverage metal cans market growth over the forecast period. 

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Food & Beverage Metal Cans Market Segmentation Analysis:

Based on the material type of metal cans, the food & beverage metal cans market is divided into aluminum and steel. Depending on the can-body and its end use, the metal material is selected for the packaging. Aluminum cans are generally chosen in the beverage packaging industry, typically for carbonated drinks due to its lightweight and high recycling rates as compared to steel. 

Based on application, the food & beverage metal cans market is categorized into pet food, sports & energy drinks, carbonated soft drinks, alcoholic beverages, convenience food, meat & seafood, fruits & vegetables, and others. Among which, beverage segment is expected to gain more share value during the forecast period. 

Food & Beverage Metal Cans Market: Report Scope

Regional Analysis

By geography, the global food & beverage metal cans market find its scope in North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa. Among which North America is expected to dominate the food & beverage metal cans market during the forecast period. This growth is attributed towards the high demand for beverages such as cold coffee, iced tea, and vegetable & fruit juices. 

The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, and the Rest of the World with its further categorization into major countries including the U.S., Germany, France, UK, China, Japan, India, and Brazil.

Food & Beverage Metal Cans Market: Competitive Analysis

The global food & beverage metal cans market is dominated by players like:

• Ball Corp.
• Can-Pack S.A.
• Toyo Seikan Kaisha Ltd.
• Rexam Plc.
• Sonoco Products Co.
• Alcoa Inc.

This report segments the global food & beverage metal cans market as follows:

Global Food & Beverage Metal Cans Market: Type Segment Analysis

• 3-Piece Cans 
• 2-Piece Cans

Global Food & Beverage Metal Cans Market: Material Segment Analysis

• Steel
• Aluminum

Global Food & Beverage Metal Cans Market: Application Segment Analysis

• Sports & Energy Drinks 
• Alcoholic beverages
• Convenience Food 
• Meat & Seafood’s 
• Fruits & Vegetables 
• Carbonated Soft Drinks 
• Pet Food
• Others

Global Food & Beverage Metal Cans Market: Regional Segment Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa