Discover trends, market shifts, and competitive outlooks for the food and beverage metal cans industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research

What is the Anticipated CAGR of the Food And Beverage Metal Cans Market, and What Factors Will Drive It?

In recent times, there has been significant growth in the size of the food and beverage metal cans market. The market is expected to rise from $35.47 billion in 2024 to $38.06 billion in 2025, representing a compound annual growth rate (CAGR) of 7.3%. Factors such as the development of non-bpa linings, improved preservation and shelf life, rising demand for convenience food, and enhanced product protection have contributed to the growth in the historic period.

The market size for food and beverage metal cans is anticipated to experience considerable growth in the upcoming years, with expectations to reach $50.85 billion in 2029, reflecting a compound annual growth rate (CAGR) of 7.5%. This surge during the projected period can be linked to factors such as enhanced transportation efficiency, the appeal for attractive cans, food safety and security, as well as government strategies. Key trends during this period are forecasted to involve innovations in ready-to-drink (rtd) beverages, advancements in labelling and design, convenience and user-friendly opening methods, as well as the advent of aluminum beverage bottles.

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How Are Key Drivers in the Industry Acting as Catalysts for the Growth of the Food And Beverage Metal Cans Market?

The growth of the food and beverage metal cans market is expected to be driven by the rising consumption of alcoholic beverages. Alcoholic drinks, defined as those suitable for human consumption with an alcohol content of 1% or above, are typically packaged in metal cans due to their easy filling process, convenience, and recyclability. In June 2024, a report by Silicon Valley Bank, an American commercial bank, revealed that direct-to-consumer (DtC) wine case sales experienced a 1.2% rise in 2023, in comparison to 2022. Consequently, the escalation in alcoholic beverage consumption is anticipated to spur the food and beverage metal cans market.

Food And Beverage Metal Cans Market Growth Influencer: Rising Demand For Ready-to-Eat Food Items Fosters The Food And Beverage Metal Cans Market

Which Segments in the Food And Beverage Metal Cans Offer the Most Growth?

The food and beverage metal cans market covered in this report is segmented –

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

Subsegments:

1) By 2-Piece Cans: Drawn And Ironed Cans, Impact Extruded Cans

2) By 3-Piece Cans: Welded Cans, Seam Cans

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What Are the Fastest-Growing Geographies in the Food And Beverage Metal Cans Market?

North America was the largest region in the food and beverage metal cans market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in food and beverage metal cans market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

What Are the Current Market Growth and Trends in the Food And Beverage Metal Cans Industry?

Key players in the food and beverage metal cans industry are making endeavours to develop cutting-edge solutions to solidify their market standing. Take for example, Eviosys Packaging Switzerland GmbH; a Switzerland-based firm specializing in intelligent and sustainable packaging, which in June 2023, introduced a novel metal food can packaging solution called Ecopeel. This product is uniquely designed with a peelable foil seal that supplants the conventional ring-pull opening mechanism, adhering straight to the can’s body. It not only reduces carbon footprint by 20% for every can, but it’s also easily opened thanks to a 45-degree sealing surface.

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What Are the Key Elements That Define the Food And Beverage Metal Cans Market?

Food and beverage metal cans are containers composed of thin metal, often steel or aluminum, that are used for food and beverage storage and packaging. They are often used to enhance the preservation and durability of food and beverage.

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