Food & Beverage Metal Cans Market By Product (Aluminum and Steel), By Type (2-piece Cans and 3-piece Cans), By Application (Food (Fruits & Vegetables, Meat & Seafood, Pet Food, and Convenience Food), Beverage (Alcoholic beverages (Beer, Cider, And Spirits), Carbonated Soft Drinks (CSDs), Fruit & Vegetable Juices, and Sports & Energy Drinks)), and By Region - Trends, Analysis and Forecast till 2034

Food & Beverage Metal Cans Market size is estimated at USD 85.14 Billion in 2024, and is expected to reach USD 120.31 Billion by 2034, growing at a CAGR of 3.9% during the forecast period.

Metal can is a type of container manufactured to carry a fixed quantity of liquid such as food and beverages which includes alcoholic beverages, teas, carbonated soft drinks, herbal teas, energy drinks, fruit juices, and oil. Aluminum or tin-plated steel is used to make these cans. Additionally, these cans are fully and infinitely recyclable without any quality loss.

High recyclable rates of aluminum

Growing utilization of metal packaging for food & beverages packaging offers an environment-friendly and sustainable solution for packaging in multiple applications. Aluminum cans are appropriate to store in refrigerators and ovens. Changes in consumer preferences are seen for food & beverage packaging. As per the data published by Environmental Protection Agency of the United States (EPA), 1.9 million tons of aluminum packaging was produced for soft drinks and beer cans, and 49.2% of aluminum beverage cans were reused. The metal packaging for the food industry is regarded as safe, which is one of the major factors to support its growth in the target market.

Technological Advancements

Numerous food and beverage metal can producers are also expanding their businesses to developing countries in order to lower labor costs. Moreover, ability to enhance the self-life of packaged food items and cheaper price of metal cans is projected to keep the demand for these cans significantly high over the forecast period.

Corrosion effect

The corrosion effect related with tin when in contact with acidic fruits and foods is expected to hamper the food & beverage metal cans market growth. Moreover, limited shelf life of a food & beverage metal cans because of physicochemical changes in foods, such as loss of nutrients (proteins, vitamins, etc.) or sensorial deterioration (flavor, aroma, etc.) may also limit growth of the target market.

The food & beverage metal cans market is segmented based on product, type, application, and region.

On the basis of product, the food & beverage metal cans market is segmented into aluminum and steel. Based on type, the target market is segmented into 2-piece cans and 3-piece cans. Based on application, the target market is segmented into food (fruits & vegetables, meat & seafood, pet food, and convenience food), beverage (alcoholic beverages (beer, cider, and spirits), carbonated soft drinks (CSDS), fruit & vegetable juices, and sports & energy drinks)

Regional Insights:

On region the food & beverage metal cans market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America market is accounted to register major revenue share in the global food & beverage cans market, in 2017 and is projected to maintain its dominance in the coming years. Increasing consumption of alcoholic beverages such as beer is projected to be a major factor boosting market growth in this region. Further, rising concerns regarding consumption of sustainable packaging materials are expected to drive the global market growth. Moreover, growing demand for sports drinks such as Red Bull, Monster, and Gatorade in the region is anticipated to propel market growth over the forecast period. Additionally, rising demand for frozen foods is expected to expand market growth throughout the forecast period.

Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Food & Beverage Metal Cans market report based on product, type, application, and region.

Food & Beverage Metal Cans Market, By Product:

• Aluminum
• Steel

Food & Beverage Metal Cans Market, By Type:

• 2-piece Cans
• 3-piece Cans

Food & Beverage Metal Cans Market, By Application:

• Food

• Fruits & vegetables
• Meat & seafood
• Pet food
• Convenience food

• Beverage
• Alcoholic beverages (Beer, cider, and spirits)
• Carbonated soft drinks (CSDs)
• Fruit & vegetable juices
• Sports & energy drinks

Food & Beverage Metal Cans Market, By Region:

• North America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • U.S.
  • Canada

The key players operating the food & beverage metal cans market includes Ball Corporation, CPMC Holdings Limited, Crown Holdings, Inc., Tetra Laval International S.A., Orora Packaging Australia Pty Ltd., Silgan Holdings Inc., Mahmood Saeed Food & beverage Cans & Ends Industry Company Limited, Ardagh Group S.A., Silgan Holdings Inc., and Can Pack S.A. Prominent key players are engaged in marketing and development strategies, along with the enhancing their product portfolios in order to obtain a leading position in the target market. For instance, in October 2019, Ball Corporation declared the launch of its new aluminum cups manufacturing plant in Rome, Georgia. This construction was aimed for growing demand for beverage packaging in the US. This new plant will help the company to increase its presence in the US region.

• Ball Corporation
• CPMC Holdings Limited
• Crown Holdings, Inc.
• Tetra Laval International S.A.
• Orora Packaging Australia Pty Ltd.
• Silgan Holdings Inc.
• Mahmood Saeed Food & beverage Cans & Ends Industry Company Limited
• Ardagh Group S.A.
• Silgan Holdings Inc.
•  Can Pack S.A