North America Food Can Market size was valued US$ XX Mn in 2019 and the total revenue is expected to grow at 6.15% through 2020 to 2026, reaching US$ XX Mn.North America Food Can Market by type
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North America Food Can Market Overview:
Canned food is a rich source of nutrients, particularly for people on tight funds or with restricted access to fresh foods. Can linings avoid the contact of food with the can’s metal. Canned foods play a major role in the global food market. Canned packaging foods can be conserved for months in various states to their original form. Canned meat is enduring a trend toward cheap substitutes to chilled & frozen meat. While proposing the benefits of a long shelf-life & low prices, canned food suffers from a poor customer awareness of its healthiness & taste quality.
Market Share of Frozen Food 2019:
North America Food Can Market by Share
A high % of the female workforce, improved buying power, & extensive product portfolios are the influences that are estimated to boost the Food Can Market development. Frozen food is also accessible in gluten-free, dairy-free, & non-genetically improved organism varieties. The improved shelf life of frozen food products together with cool storage situations will likely enhance their sales over the forecast period. Frozen food products will see improved adoption in countries like the United States, Germany, the United Kingdom, & China.
The top-selling canned foods in North-America:
The major class of food that is conserved in a can is soup. The eleven most popular canned soups alone sold more than 420 Mn cans in the year 2018. The 2nd major food class is tuna with almost 286 Mn units sold among the 9 most common brands, followed by whole meals, like spaghetti & meatballs, with more than 253 Mn sold among the 5 most common types. Vegetables are also common canned foods, with corn being the leader. About 63 percent of Americans have canned corn at home. Green beans & tomatoes are 2nd & 3rd. Food is the 3rd major living expense & canned foods are often more reasonable than fresh or frozen price about half the cost of frozen foods & a 5th of frozen fresh.
In the year 2019, the global canned food industry was valued at $ 91.4 Bn & is estimated to reach $ 124.8 Bn by 2026, with a CAGR of 3.9 percent.
The top ten canned food customer countries in kg/capita in 2019:
North America Food Can Market by Capita
The market is now dominated by Europe & the United States, which hold 60 percent of the total canned foods market. Forecasts show that the all 5 regions will endure to expand their existing value during the forecast period, with the United States alone estimated to expand its value by a further 40 percent by the end of 2026.
Fruit and Vegetable Canning – percentage Waste by Product:
North America Food Can Market by Product
Ready-to-eat meals:
The increase in the number of single-person households, rising working women population, & desire for convenience are the influences responsible for the fast development of the Food Can Market. The Americas is the major customer of frozen ready-to-eat products, & frozen pizza is one of the most preferred kinds of ready-to-eat meals.
The report covers Aluminum, Steel, analysis, with detailed analysis North America Food Can Market industry with the classifications of the market on the, Material, Type, Application & region. Analysis of past market dynamics from 2016 to 2019 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key players' contribution in it.
The Food Can Market report has profiled key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the Food Can Market & estimation the size of the same. The manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw Materials, labor cost, availability of advanced raw material trusted vendors are analyzed and the Food Can Market report has come up with recommendations for a future hot spot in five regions. The major country’s policies about manufacturing & Covid 19 impact on demand side are covered in the Food Can Market report.
North America Food Can Market Scope: Inquire before buying
North America Food Can Market by Scope
North America Food Can Market, by Region
• North America:
o US
o Canada
North America Food Can Market Key Players
• Ball Corporation
• Silgan Holdings Inc.
• Ardagh Group
• CAN-PACK S.A
• Kian Joo Group
• CPMC Holdings Limited
• Heineken
• Kraft Heinz Company
• Suntory
• Asahi Group
• CHS Inc.
• Coca-Cola European Partners
• Bunge
• Carlsberg
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