Increasing demand for processed eatable products by the consumers in the region is expected to drive the industry growth. The Europe Food Can Market size is expected to reach USD 12.56 billion by 2025, according to a new report by Grand View Research, Inc.
The buyers in the market are major food processing companies such as Westmill Foods and Nestlé S.A., which lay high emphasis on can quality and order high product volumes. In addition, the aforementioned companies are also involved in extensive can design customization in accordance with the product being packaged.
The industry for the product in the region is expected to exhibit limited growth on account of increasing market maturity. The economies in the region exhibit a high penetration of the metal packaging in the processing industry, leading to a limited market growth. In addition, high demand for plastic and paper-based packaging for food products is expected to limit the growth.
The industry growth is restrained by the price volatility of raw materials such as steel and aluminum sheets. The demand for the product is expected to witness limited growth on account of severe regulations enacted by the European Commission such as banning the use of BPA in the cans that come in direct contact with eatable products.
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Market Segmentation of Europe Food Can Market:
The Europe Food Can Market segmented on the basis of Product, Application, and Country.
By Product:
Aluminum
Steel
By Application:
Meat
Ready Meals
Vegetables
Fish
Fruits
Powder Products
Pet Food
By Region:
Germany
UK
France
Italy
Spain
Netherlands
Russia
Turkey
Rest of Europe
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