North America Canned Food Packaging Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.10 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Canned Food Packaging Market Analysis
The North American Canned Food Packaging Market is expected to grow at a CAGR of 5.1% during the forecast period (2022-2027). In this region, canned food has become a part of many people's diets. The ever-changing lifestyles and consumers' preferences toward convenience foods have shown an upward trend in recent years. In addition, North America is the largest user and producer of metal can packaging. Metal containers play an essential role in preserving food without microbiological spoilage.
- Most food cans are made of steel, while beverage cans are made of aluminum. Sometimes, chromium and nickel can be used in place of steel, but the amounts would be minuscule to nil. Advancements in packaging technology, which aid in offering metal cans with improved functional and storage features, have also been a major factor triggering the growth in the North American canned food packaging market.
- Some of the major driving factors, like focus on high-quality products, changing lifestyles, and rising consumer spending power across America contribute to the market studied growth. Since packaging always plays a vital role in increasing the sales of products, recyclable and reusable properties of metal-based can make canned food cheaper. Moreover, the growing demand for packaged or processed food and the availability of various convenient food options such as ready-to-eat, ready-to-cook, ready-to-serve, and ready-to-heat is adding fuel to market growth.
- Moreover, canned food has many benefits, such as it requires less preparation time and is considered convenient to use, which has led to its popularity among working professionals. More than 160 million people are employed in North America, and due to the busy lifestyles of working people, canned food is expected even to gain more importance in the future. Also, the region's demand for sealed and tamper-proof steel container food is high, as they protect food from harmful bacteria. The process of canning helps preserve the quality of food products and prevent food spoilage, subsequently increasing their shelf life.
- However some of the major restraining factors can affect the region's canned food packaging market, such as the availability of alternative packaging solutions, the high cost of metals, the introduction of PET, and high-density polyethylene materials. In addition, metal cans cannot be used in the microwave to reheat food which is expected to limit the demand for canned food to a certain extent.
- An analysis of common canned foods by the non-profit Consumers Union found measurable levels of BPA in a wide range of items, including some bearing a "BPA Free" label. In a study, BPA had already been identified as an obesogen. These factors can hinder the growth of the studied market.
- The COVID-19 pandemic precipitated a substantial increase in demand for the Canned Fruit and Vegetable Processing industry in 2020. Social distancing and restaurant closures have created a catalyst for online canned food shopping and what food consumers prioritize. But, packaging manufacturers face supply chain disruption and low availability of raw materials like steel, aluminum, etc. As per United States Geological Survey, steel production in 2020 fell by 18%, from 87.8 to 72 million metric tons.
North America Canned Food Packaging Market Trends
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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North America Canned Food Packaging Industry Overview
The North American Canned Food Packaging Market is moderately competitive. The major players with a significant market share are expanding their customer base across various regions. In addition, many companies are forming strategic and collaborative initiatives with multiple companies to increase their market share and profitability. Some of the recent developments in the market are:
- February 2022 - Trivium Packaging invested USD 40 million in facilities in the United States and Brazil to expand the production of aluminum aerosol cans and beverage bottles. New lines will be installed in the Youngstown, Ohio, and Itupeva, Brazil facilities, adding new capabilities and increasing capacity in 2023. The initiative is a direct result of long-term commitments from standing customers in the aerosol and beverage markets.
- May 2021 - Can-Pack S.A., United States, announced it would build its second U.S.-based, state-of-the-art aluminum beverage can body manufacturing plant in Muncie, Indiana, United States creating high-paying local jobs over time by 2023. The proposed project represents a USD 380 million investment in Delaware County and the State of Indiana with the potential to expand to 425 jobs and USD 490 million by 2025.
North America Canned Food Packaging Market Leaders
Crown Holdings Inc.
Can-Pack S.A.
Wells Can Company Ltd.
Ball Metalpack, LLC
Allstate Can Corporation
*Disclaimer: Major Players sorted in no particular order
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North America Canned Food Packaging Market News
- January 2022 - Crown Holdings, Inc. announced that it would expand its food can production capacity by adding a new line at its Owatonna, Minnesota facility, United States. The line is expected to go live in the third quarter of 2022 to meet growing customer demand in the canned food market's pet food, beans, and soup segments.
- November 2021 - Trivium Packaging, a USD 2.7 billion provider of metal can packaging, announced that it has won two IMDPA Excellence in Quality Awards. Also, Trivium Packaging (USA) won Best of Category in the Excellence in the Quality category.
North America Canned Food Packaging Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
4.4 Market Drivers
4.4.1 Increasing Consumption of Convenience Food
4.4.2 Innovation and Added Value Offering to Change the Image of Food Cans
4.5 Market Challenges
4.5.1 Low Nutritional Value of Canned Food
4.6 Assessment of the Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Material
5.1.1 Metal
5.1.2 Steel
5.1.3 Aluminium
5.1.4 Others
5.2 By Product Type
5.2.1 Readymade Meals
5.2.2 Meat
5.2.3 Sea Food
5.2.4 Others
5.3 By Country
5.3.1 United States
5.3.2 Canada
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles*
6.1.1 Crown Holdings Inc.
6.1.2 Can-Pack S.A.
6.1.3 Wells Can Company Ltd
6.1.4 Ball Metalpack
6.1.5 Allstate Can Corp.
6.1.6 Trivium Packaging
6.1.7 Container Supply Co. Inc.
6.1.8 Independent Can Co.
6.1.9 The Giorgi Companies, Inc.
6.1.10 Heartland Products Group
7. INVESTMENT ANALYSIS
8. FUTURE OF THE MARKET
North America Canned Food Packaging Industry Segmentation
Canned food packaging plays a crucial role in preserving food against contamination and maintaining its hygiene value. Increasing consumption of pre-packaged foods is expected to drive the market's growth.
North America Canned Food Packaging Market is segmented by material (metal, steel, aluminum), product type (ready meals, meat, sea food), and country.
| By Material | |
| Metal | |
| Steel | |
| Aluminium | |
| Others |
| By Product Type | |
| Readymade Meals | |
| Meat | |
| Sea Food | |
| Others |
| By Country | |
| United States | |
| Canada |
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North America Canned Food Packaging Market Research FAQs
What is the current North America Canned Food Packaging Market size?
The North America Canned Food Packaging Market is projected to register a CAGR of 5.10% during the forecast period (2024-2029)
Who are the key players in North America Canned Food Packaging Market?
Crown Holdings Inc., Can-Pack S.A., Wells Can Company Ltd., Ball Metalpack, LLC and Allstate Can Corporation are the major companies operating in the North America Canned Food Packaging Market.
What years does this North America Canned Food Packaging Market cover?
The report covers the North America Canned Food Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the North America Canned Food Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
North America Canned Food Packaging Industry Report
Statistics for the 2024 North America Canned Food Packaging market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Canned Food Packaging analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
North America Canned Food Packaging Report Snapshots
