Global Food and Beverages Metal Can Market Size, Share, Growth Analysis, By Type(2-piece metal can, and 3-piece metal can), By Raw material(Aluminum, and steel), By Degree of internal pressure(Vacuum cans and pressurized cans), By Application(Food, fruits & vegetables) - Industry Forecast 2024-2031

Global Food and Beverages Metal Can Market size was valued at USD 31.07 billion in 2022 and is poised to grow from USD 32.97 billion in 2023 to USD 52.94 billion by 2031, at a CAGR of 6.10% during the forecast period (2024-2031).

Metal cans adoption in various end-use industries has been significantly increased to store food & beverage products such as healthcare products, edible oil, cosmetics, industrial chemicals, meats, oysters, fruits, and others.

Metal cans are the preferred packaging material in the food and beverage industries due to their long storage life, superior protection against external contaminants, and high recyclability.

Such cans can be recycled and reused indefinitely and commercially produced in any desired shape. Metal cans have an advantage over other types of food packaging due to feasibility criteria, durability, and sufficient food protection. Metal in food packaging has an advantage in terms of the preservation system and processes.

Metal packaging comes in a variety of sizes and shapes. It reduces costs and spoilage due to its feature of efficient space utilisation. When compared to other alternatives such as paper and plastic, raw material price volatility and also a lack of microwave capabilities are anticipated, which may impede the global food and beverages metal can market growth.

US Food and Beverages Metal Can Market is poised to grow at a sustainable CAGR for the next forecast year.