Global food & beverage metal cans market growth is primarily attributed to expedient packaging, new metal cans innovations in terms of various packaging, shapes & sizes and recyclable properties.

Newark, July 12, 2022 (GLOBE NEWSWIRE) -- According to the new report published by The Brainy Insights, the global food & beverage metal cans market is expected to grow from USD 24.4 billion in 2020 to USD 48.52 billion by 2028 at a CAGR of 8.4% during the forecast period 2021-2028.

Request a Sample Copy of the Research Report: https://www.thebrainyinsights.com/enquiry/sample-request/12569

The high recyclable aluminum rates, growing number of health-conscious customers and growing awareness of nutrients in food & beverages have contributed to the rising demand for metal cans. Increasing awareness of the drawbacks of using single-use plastics and government intervention in restricting the usage of plastics that negatively impact the environment has greatly accelerated the growth of the global market of metal cans for food & beverages.

Metal cans are clean, empty metal containers constructed of aluminium, tin-plated or zinc-plated steel, which are commonly used for packaging foods, beverages or other items. Such cans are containers constructed of thin metal for the delivery or storing of goods. Some cans need to be opened by cutting the end off; some have removable cover. Cans have a variety of contents: food, drinks, oil, chemicals etc.

Factors such as the rising demand for canned food & beverages and ready-to-eat snacks across the globe are related to the growth of the food& beverage metal cans industry. However, availability of alternative packaging options such as plastic and glass may restrain the market growth.

For more information about this report visit: https://www.thebrainyinsights.com/report/food-beverage-metal-cans-market-12569

Key players operating in the global food & beverage metal cans market include Alcoa Inc., Ball Corporation, Ardagh Group, CAN-PACK S.A., CPMC Holdings Limited, Crown Holdings, Inc, Silgan Holdings Inc., Kian Joo Group, Sonoco Products Co. and Toyo Seikan Kaisha Ltd.KG among others.The major players are now focusing on introducing strategies such as embracing innovative technologies, product developments, mergers & acquisitions, joint ventures, collaborations and partnerships to enhance their market position in the global food & beverage metal cans industry.

• For instance, In July, 2019,Ardagh Group introduced a 187 ml slimlinecan that can be specifically designed to protect wine and wine-based drinks. The launch will help the company broaden its portfolio of products.

The 2-piece cans segment held the largest market share of around 58.5% and a market value of around USD 14.29 billion in 2020.

The type segment is divided into 2-piece cans and 3-piece cans. 2-piece cans can deliver easy and secure packaging, so that food products can be stored in a safe manner. A technique known as double seaming is used to attach the can lids (top and bottom) and can body, ensuring that the products are safe from outside contamination. Therefore, the 2-piece cans segment held the largest market share of around 58.5% and a market value of around USD 14.29 billion in 2020.

The beverages segment is anticipated to grow at the highest CAGR of around 10.4% over the forecast period.

The application segment includes food and beverages. Due to the heavy consumption of non-carbonated, carbonated, sports & energy drinks, the beverages segment is anticipated to grow at the highest CAGR of around 10.4% over the forecast period.The increase in alcoholic beverage intake adds to the demand for beverage cans.

The aluminum cans segment held the largest market share of around 61.2% and a market value of about 14.95 billion in 2020.

The material segment includes aluminum cans and steel cans. Aluminium is primarily used raw material in the production of metal cans. It is acost-effective raw material utilized in the food & beverage industry that can modify the packaging with 3D printing, colors, and embossing. Therefore, the aluminum cans segment held the largest market share of around 61.2% and a market value of around 14.95 billion in 2020.

The pressurized cans segment is anticipated to grow at the highest CAGR over the forecast period.

The degree of internal pressure segment includes vacuum cans and pressurized cans. Pressurized cans are used extensively in the beverage sector.These are lightweight and minimize logistics expenses, which is why they are pushing the food & beverage metal cans industry forward. Such cans are suitable for packaging non-carbonated and carbonated beverages like wine, beer, fruit juices and energy drinks. Hence pressurized cans have strong demand in the beverage metal cans industry. Therefore, the pressurized cans segment is anticipated to grow at the highest CAGR over the forecast period.

Purchase this report (Price 4700 USD for a single-user license) at: https://www.thebrainyinsights.com/buy-now/12569/single

Regional Segment Analysis of the Food & Beverage Metal Cans Market

• Europe (Germany, U.K., France, Italy, Spain, Rest of the Europe) • North America (U.S. , Mexico, Canada) • Middle East and Africa (UAE, South Africa, Rest of MEA) • South America (Brazil and Rest of South America) • Asia-Pacific (China, Japan India, Rest of APAC)

It is anticipated that strong food and beverage industry growth in the Asia Pacific region coupled with an ever-growing consumer base in countries like Japan, India, and China would fuel demand for suchmetal cans in the coming years. Moreover, the lower price of metal cans and their potential to improve the self-life of canned food products would hold demand for such cans considerably strong in the immediate future. Therefore, the Asia-Pacific region is anticipated to grow at the highest CAGR over the forecast period.

The global food & beverage metal cans market is analysed on the basis of value (USD billion).All the segments have been analyzed on global, regional and country basis. The study includes an analysis of more than 30 countries for each segment. The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The study includes porter’s five forces model, attractiveness analysis, raw material analysis, supply, demand analysis, competitor position grid analysis, distribution and marketing channels analysis.

Access research repository of Research Reports at: https://www.thebrainyinsights.com/

The Brainy Insights is a market research company, aimed at providing actionable insights through data analytics to companies to improve their business acumen. We have a robust forecasting and estimation model to meet the clients' objectives of high-quality output within a short span of time. We provide both customized (clients' specific) and syndicate reports. Our repository of syndicate reports is diverse across all the categories and sub-categories across domains. Our customized solutions are tailored to meet the clients' requirement whether they are looking to expand or planning to launch a new product in the global market.

Avinash D Head of Business Development Phone: +1-315-215-1633 Email: sales@thebrainyinsights.com  Web: http://www.thebrainyinsights.com

Yahoo Finance's Julie Hyman discusses why Canoo stock is spiking on Tuesday.

Yahoo Finance anchors discuss American Airlines reiterating its earnings outlook for Q2.

(Reuters) -A federal judge said Subway can be sued for allegedly deceiving customers about its tuna products, including a claim it uses other fish species, chicken, pork and cattle instead of the advertised "100% tuna." U.S. District Judge Jon Tigar in San Francisco called it premature to accept Subway's argument that any presence of non-tuna DNA might result from eggs in mayonnaise, or cross-contact with other ingredients that its restaurants' employees handle. "Although it is possible that Subway's explanations are the correct ones, it is also possible that these allegations refer to ingredients that a reasonable consumer would not reasonably expect to find in a tuna product," Tigar ruled on July 7.

LONDON (Reuters) -Western energy majors will cut output and lose billions of dollars if Russia, as is feared, suspends a pipeline that is almost the only export route for oil from land-locked Kazakhstan, company sources, traders and analysts say. The closure of the CPC pipeline that carries oil from Kazakhstan to the Black Sea Russian export terminal in the port of Novorossiisk would shut in more than 1% of global oil supply, exacerbating what is already the most severe energy crunch since the Arab oil embargo in the 1970s. The pipeline, which runs through Russian territory and is owned by a consortium of Western, Asian, Russian and Kazakh companies, has been in the spotlight since Russia on Feb. 24 invaded Ukraine in what Moscow calls a "special military operation".

Tech stocks have been hammered this year, but some strategists think now is looking like the time to take a chance on some of these names.

A supply chain crisis triggered by the global pandemic deprived makers of PCs and smartphones to cars of computer chips needed to make their products. All that suddenly changed over three weeks from late May to June, as high inflation, China's latest COVID lockdown, and the war in Ukraine dampened consumer spending, especially on PCs and smartphones. By late June, memory chip firm Micron Technology Inc said it would reduce production.

Yahoo Finance auto reporter Pras Subramanian reviews the Mustang Mach-E, Ford's electric vehicle made to compete with Tesla.

(Bloomberg) -- Microsoft Corp. cut some jobs on Monday as it realigned business groups and roles after the close of its fiscal year on June 30. It said it plans to keep hiring for other roles and finish the current fiscal year with increased headcount.Most Read from BloombergElon’s OutWall Street Sours on Stocks in Anemic Trading Day: Markets WrapTrump Lashes Out at Elon Musk and ‘Rotten’ Twitter DealBiden Administration to Again Extend the Covid Public-Health Emergency Thirteen ‘Perfect Storms’

Will these two oil stocks be great again?

Tampa-based Caspers Company, the largest McDonald's franchisee in Florida, is selling its business to the fast-food behemoth. Caspers will sell all of its franchises to McDonald's (NYSE: MCD) on Oct. 1, following a trend of the company buying out its large franchisees. Caspers is one of Tampa Bay's largest employers, with over 3,000 local and 3,600 total employees, according to Tampa Bay Business Journal research.

President Joe Biden is headed to the Middle East this week and the pressure in on for the U.S. to look to Saudi Arabia, the world’s largest oil exporter, for more barrels of oil. Limits to global production capacity, however, are likely to be a difficult obstacle to overcome, analysts say.

Mullen Automotive Inc (NASDAQ: MULN) has signed a binding agreement with DelPack Logistics LLC (DPL) for cargo vans. DelPack is an Amazon.Com, Inc.(NASDAQ: AMZN) Amazon Delivery Service Partner. Under the agreement, DPL will purchase up to 600 Mullen Class 2 EV cargo vans over the next 18 months. The 600 Class 2 EV Cargo Vans will be fully homologated for the U.S. The first 300 fully homologated for the U.S. Mullen Class 2 EV Cargo Vans can be delivered to DPL by Nov. 30, 2022. "DelPack is a lea

A proprietary survey by John Burns Real Estate Consulting reveals a broad slowdown in business for home builders.

Ford Motor began the new decade with optimism as it emerged to compete in the era of smart vehicles and clean energy. The Ford Mustang Mach-E, an all-electric crossover, made its commercial debut in the U.S. in late 2020. Ford is beginning production of the Mach-E, a competitor to the Tesla Model Y, in China as well.

NEW YORK (Reuters) -Second quarter profits at big U.S. banks are expected to fall sharply from a year earlier on increased loan loss reserves, as the pandemic recovery gives way to a possible recession. Analysts expect JPMorgan Chase & Co will report a 25% drop in profit on Thursday, while Citigroup Inc and Wells Fargo & Co will show 38% and 42% profit declines, respectively on Friday, according to Refinitiv I/B/E/S data. Bank of America Corp, which like its peers has big consumer and business lending franchises, is expected to show a 29% drop in profit when it reports on July 18.

Range Resources is a leading U.S. independent natural gas and NGL producer. In the daily bar chart of RRC, below, we can see that prices have made three key tests of the rising 200-day moving average line. The On-Balance-Volume (OBV) line has been steady since early March.

In this article, we discuss the 10 oil stocks to sell before the recession begins. If you want to skip our analysis of the outlook on the oil prices, go directly to the 5 Oil Stocks to Sell Before Recession Begins. In a report issued by Citigroup earlier in July, analysts Francesco Martoccia and Ed Morse […]

That means you'll have to pay fee if you keep your driver waiting for more than 3 minutes at the pick-up point. What else?

When looking for the best artificial intelligence stocks to buy, identify companies using AI technology to improve products or gain a strategic edge, such as Google, Microsoft and Nvidia.

Summer months are, of course, the slow season for natural gas demand in Europe, so when Russia shut down Nord Stream 1, the continent’s biggest gas pipeline, for scheduled maintenance today (July 11), it seemed like welcome timing. Europe’s gas outlook got another boost when Canada said it could return a key part for Nord Stream 1 that had been held up due to sanctions on Russia, so when the pipeline is reopened, it should be able to carry more gas than before.