Europe Food Cans Market Size (2024 - 2029)

Europe Food Cans Market Analysis

The Europe Food Cans Market size is estimated at USD 7.60 billion in 2024, and is expected to reach USD 8.96 billion by 2029, growing at a CAGR of 3.20% during the forecast period (2024-2029).

Metal cans play a vital role in preserving food without microbiological spoilage. Cans provide practically complete moisture protection. The cans do not rust and are corrosion-resistant, and they have the extended shelf life of any package. Its advantages include stiffness, stability, and strong barrier qualities.

• The market is mainly driven by increased demand for packaged and processed foods, expansion of convenient food options, rising demand for milk-based products, rising urbanization, and cans' capacity to be recycled and reused. Increased availability of alternative packaging options and strict government rules regarding safe packaging are significant barriers for the canned food packaging business.
• Many consumers of canned foods choose the products because of the convenience offered and lower cost. Canned foods are convenient and require less energy and cooking time. Most canned foods take 40% less time to prepare than regular meals.
• According to Metal Packaging Europe, Infinite recyclability is the critical factor in defining sustainable food packaging. The European Association for the metal packaging industry evaluated consumer perceptions of canned food and metal packaging in Belgium, Denmark, France, Germany, Italy, the Netherlands, Poland, Spain, and the UK. 
• The survey showed the significance of ensuring consumers and brands fully understand the benefits of food cans to make informed packaging choices that suit their lifestyles and contribute to a more sustainable way of living.
• The industry is also facing challenges with the increase in raw material prices. The cost of aluminum and other materials used in packaging reached new, record levels in the first quarter of 2022, maintaining the strong upward surge in prices, according to Flexible Packaging Europe (FPE). Costs of aluminum have exacerbated deficits in the metal used in the power, construction, and packaging industries.

Europe Food Cans Industry Segmentation

Europe Food cans are among one of the packaging options for the mobile lifestyle. These can be carried or transported easily, whereas other materials are typically forbidden because of its breakability. Additionally, the affordability and recyclability of cans, the rising popularity of canned food, and the launch of new food products contribute to the market growth under study.

Europe food cans market is segmented by material type (aluminum cans and steel cans), by application (ready meals, powder products, fish and seafood, fruits and vegetables, processed food, pet food, and other applications), by country (Europe (United Kingdom, Germany, France, Spain, Italy, and Rest of Europe). The market sizes and forecasts are provided in terms of value USD for all the above segments.