Europe Canned Food Packaging Market Size

Europe Canned Food Packaging Market Analysis

The European Canned Food Packaging market is estimated to register a CAGR of 6.3% during the forecast period of 2022-2027. The market is expanding due to rising demand for packaged and processed foods, improved access to a wide variety of convenient food options, rising demand for milk-based products, rising urbanization, and can capacities that are recyclable and reusable.

• Canning is a technique for keeping and preserving food that involves heating the degrading enzymes and enclosing them in an airtight container. It's a cheap method of preserving food for longer, depending on the product. Because they are free of microbial contamination and may be used to keep meals ready to eat warm, canned foods are very popular.
• The market is primarily driven by increased demand for packaged and processed foods, expansion of convenient food options, rising demand for milk-based products, urbanization on the rise, 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.
• With a population of about 447 million across 44 countries, Europe is among the leading regions for some of the world's largest events. The rising canned beverage consumption rates during various sporting events are expected to further fuel the market expansion due to their increasing levels of handling convenience. The growing demand for soft drinks and juices is also anticipated positively affect the canned food market.
• Furthermore, the search for new can-based packaging concepts across the European region has been fueled by climate change and the rising warming of the planet. Businesses involved in packaging are emphasizing eco-friendly packaging more and more. Changing consumer preferences and a shortage of fresh items throughout the difficult winter months are among the other major factors driving the market growth.
• Additionally, the preference for canned dinners among the working population is another factor driving regional market expansion. The importance of health and wellness among people is increasing, and the markets in Germany, the UK, and Russia are expanding quickly. These factors all contribute to the expansion of the regional market.
• However, the European Commission regulation establishes maximum levels for several contaminants in food products. This regulation is frequently altered, which may create challenges for the vendors operating in the market. In addition to the limitations specified for basic commodities, there are various contamination limits for multiple goods. There is only one substantial limit for canned goods on the inorganic tin (maximum 200 mg/kg).
• The outbreak of COVID-19 had a notable impact on the European, canned food packaging market. Since the COVID-19 pandemic, people have become more concerned with hygiene, additives, freshness, and sustainability, paying more attention to how their food is packaged and to the information on the packaging, which positively impacts the canned food packaging market.