Market Trends of North America Canned Food Packaging Industry
This section covers the major market trends shaping the North America Canned Food Packaging Market according to our research experts:
Use of Steel Cans is Expected to Grow Significantly
- The most ideal container for canning food in the area is a metal can, which is primarily made of steel. Only 5-6 lbs of tin are used in one ton of steel, even though there is a thin layer of tin on the surface. Some still use the term "tin can" to describe this packaging. More than 1,500 food items are reportedly packed into steel cans of various shapes and sizes, according to the Can Manufacturers Institute. Cans with twist-tops, resealable lids, and the easy-open variety with pull-tabs on the lids are a few recent innovations.
- Steel Canned food is an accessible solution to people's needs for safe, nutritious, quality produce and protein. Metal food can be environmentally friendly, curb food waste, and fuel the economy. Steel cans are 100% recyclable and made from a minimum of 25% recycled content.
- In October 2021, Ball Metalpack installed new food can production at the Milwaukee facility in the United States. The new high-speed two-piece line has begun operations to produce millions of food cans annually, including steel can production. This will enable the company to meet the growing demand from customers in the food and nutrition industry.
- Innovations such as easy-to-open pull-tab and resealable cans can expand the steel food cans market. Since its beginning, the Canned Food Alliance (CFA) has generated billions of media opinions and communicated the benefits of canning and steel packaging to thousands of nutrition experts and members of the region's federal, state, and local governments.
- Moreover many nutritionists experts across North America recommend to avoid aluminum canned food. Also these experts suggest people to reduce their intake of aluminum canned food, replacing it with glass jars and food grade cans wherever possible. According to experts, aluminum canned foods bring many potential health risks ranging from aluminum exposure, and BPA leaching to high sodium and reduced nutrient levels. Such factors are limiting the market for aluminum cans and boosting the growth for steel cans.
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United States is Expected to Hold a Significant Market Share
- Food processing is one of the major manufacturing sectors in the United States, driving the demand for canned food in the region. Food cans are the first choice for processed food packaging, such as beans, tuna, etc., due to their ease of disposal, recycling advantages, and increased shelf life. According to 24/7 Wall Street, 98% of Americans keep canned foods in their kitchens, and soup is the biggest food category preserved in a can in the United States.
- The growing trend in the canned food market is innovations in packaging. With the increase in demand for chemical-free canned foods, manufacturers are focusing on innovations in packaging. Many brands across the United States of canned food products, like Health Valley, AMY's Kitchen, Juanita's Food, etc., have started offering food in BPA-free containers.
- Additionally, according to a survey conducted by "USA Today in 2020," canned foods are so popular that Americans use them even when preparing meals at home. On average, 98% of Americans have canned food in the kitchen-24 cans. About 63% of Americans make canned corn at home. Food is the third-highest cost of living, and canned food is often cheaper than fresh or frozen food. It's about half the price of frozen foods and one-fifth the price of fresh frozen foods.
- For instance, in July 2021, Bonduelle USA, Inc., a company involved in the processing and marketing of canned and frozen vegetables in the United States, has announced plans to invest at least USD 5.0 million to expand its business in Pennsylvania. The company packs frozen products for large private labels and sells vegetables on private labels.
- The growing trend for organic canned fruits and vegetables and focus on social media marketing and promotions further add to the revenue-generating factors in the United States canned food market. Moreover, demand for organic foods is increasing among the population of the region. In addition, many major retailers in the area, such as Costco and Wal-Mart, are expected to drive canned food regional market growth during the forecast period.
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