The global food & beverage metal cans market was valued at USD 27.7 billion in 2020 and is anticipated to grow at USD 37.1 billion by 2027, recording a CAGR of 6.2% during the forecast period 2021-2027. A surge in adoption of metal cans in food and beverage industry, due to prevent the damage and decomposition of food is anticipated to fuel the growth of food and beverages metal cans market. Furthermore, lifestyle changes of the people, growing demand for the processed and canned food, increase in trends of ready to cook food and ready to eat, increase in the popularity of consumption of beverages and canned juices are creating lucrative opportunities for market. In addition to this, recycling and reusing the metal cans further boost demand for food and beverages metal cans market. However, raising concerns of environmental condition due to over mining of the metals and depletion of natural resources are the few factors which are hampering the growth of food and beverage metal cans market. Metal cans are the container used for the packaging and storage of food products for easy distribution. Especially they are used in the beverages industry, canned food industry, processed food industry for the packaging of the final products. Metal cans can be made up of different types of substances such as tin coated steel, aluminium, tin-free steel etc. Aluminium can have high malleability, have corrosion resistance, less expensive than other substances and are easy to manufacture. The food and beverages metal cans market are highly fragmented because of the presence of many local and international suppliers. Market players compete based on the differentiation of product, expansion of the geographical presence, improving product portfolio and pricing. Competition among the peers is going to be intensified during the forecast period. the rise in concerns about environmental conditions among consumer product manufacturing companies is anticipated to propel the growth of the food and beverages metal cans market growth. Increase in a recycling of metal cans is boosting the usage of the metal cans in the food and beverages industry. In July 2017, Crown Food Europe and princes’ foods combined to launch Love Canned Food in the UK.


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