Increased Focus of Food Manufacturers to Retain Products' Nutritional Value Stimulates Sales Opportunities in Food Cans Market
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Food Cans Market: Key Driving Factors and Promising Avenues
- The food cans market is likely to attract promising demand avenues on the back of plethora of factors. Food cans are in high demand owing to their several advantages such as resistance to irregular handling and transport,hermetically sealed cover, and easy recyclability.
- Food cans are gaining popularity owing to their tamper-proof and anti-leakage properties.The companies engaged in the production of food and beverages are growing use of food cans owing to their ability to maintainthe nutritional contents of food products. As a result, the global food cans market is likely to grow atstupendous pace in the forecast period.
- Increased use of food cans in the storage and transportation of frozen food, pet food, vegetables, fruits, and beansis generating promising sales avenues for vendors operating in the global food cans market.
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Food Cans Market: Competitive Assessment
- The global food cans market experiences presence of many regional as well as international players,making the competitive landscape of this market moderately fierce.
- Major food cans manufacturers are growing focus toward the production of products according to the need of end-use companies. Thus, they are investing heavy amounts in research and development activities.
- Several enterprises in the global food cans market are using various strategies such as partnerships and collaborations to gain competitive edge.
- The list of important companies working in the food cans market includes Silgan Holding Inc., Toyo Seikan Co. Ltd, Ball Corporation, Smurfit Kappa Group Plc, Mondi Group Plc, Crown Holding Inc., and Sonoco Product Company.
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The food cans market can be segmented as follows:
Capacity
- Less than 100 gm
- 100 gm - 300 gm
- 300 gm - 500 gm
- More than 500 gm
Material
- Metal
- Stainless Steel
- Aluminum
- Tinplate
- Paperboard
- Plastic
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