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The Business Research Company’s Food And Beverage Metal Cans Global Market Report 2024 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2024-2033. The Food And Beverage Metal Cans Global Market Report 2023 evaluates food and beverage metal cans market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global food and beverage metal cans market is expected to grow from $33.02 billion in 2023 to $35.47 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to development of non-bpa linings, preservation and shelf life, demand for convenience food, product protection.The food and beverage metal cans market size is expected to see strong growth in the next few years. It will grow to $46.77 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%.
Increasing consumption of alcoholic beverages is expected to propel the growth of the food and beverage metal cans market going forward. Alcoholic drinks are those appropriate for human consumption and have a volume alcohol content of 1% or higher. Alcoholic beverages are packaged
in metal cans because they are simple to fill, convenient and recyclable. For instance, in 2021, according to the National Institute on Alcohol Abuse and Alcoholism, a US-based alcohol-related researcher, the U.S. ethanol consumption from all alcoholic beverages combined per person in 2021 was 2.51 gallons, up 2.9% from 2.44 gallons in 2020. Further, according to the U.S. Census area, per capita alcohol consumption increased between 2020 and 2021 in the Northeast by 5.4%, Midwest by 1.6%, South by 3.4% and West by 2.3%. Therefore, the increasing consumption of alcoholic beverages will drive the food and beverage metal cans market.
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The food and beverage metal cans market segments in the report are:
1) By Type: 2-Piece Cans, 3-Piece Cans
2) By Material: Aluminum, Steel
3) By Degree Of Internal Pressure: Pressurized Cans, Vacuum Cans
4) By Fabrication: Plain, Embossed, Printed, Other Fabrications
5) By Application: Food, Beverage
Major Players:
- Ball Corporation
- Crown Holding Inc.
- Sonoco Products Company
- Silgan Holding Inc., Greif Inc.
- Ardagh Metal Packaging S.A
The table of contents in TBRC’s food and beverage metal cans market report includes:
1. Executive Summary
2. Food And Beverage Metal Cans Market Characteristics
3. Food And Beverage Metal Cans Market Trends And Strategies
4. Food And Beverage Metal Cans Market – Macro Economic Scenario
5. Global Food And Beverage Metal Cans Market Size and Growth
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26. South America Food And Beverage Metal Cans Market
27. Brazil Food And Beverage Metal Cans Market
28. Middle East Food And Beverage Metal Cans Market
29. Africa Food And Beverage Metal Cans Market
30. Food And Beverage Metal Cans Market Competitive Landscape And Company Profiles
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