South America Canned Food Packaging Market – Size, Trends and Forecast (2024

South America Canned Food Packaging Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Packaging protects the product from environmental issues and allows the product to travel safely for longer distances. Canning is a method used to preserve foods for long periods of time by packaging them in airtight containers. This process involves packaging of foods in jars or containers and heating them to a temperature that destroys the microorganisms that cause food to spoil. Canned products will contribute more health-promoting nutrients than the cooked or frozen foods. The benefits related to canned food packaging includes nutritious, convenient, recyclable, food safety, long shelf life, and others.

South America Canned Food Packaging Market Size & Growth:

The South America Canned Food Packaging Market size is estimated to reach approximately $ XX Billion by the end of 2024 with a CAGR close to X% from $XX Billion in 2018 during the forecast period of 2018-2024. The Key factors that drive the growth of the market include rising demand for packaged & processed foods, increase in availability of various convenient food options, growing demand for milk-based products, increasing urbanisation, recyclable and reusable capacities of cans and others. Significant restraints for the canned food packaging market include increased availability of alternative packaging solutions coupled with stringent government regulations towards safe packaging.

Increasing consumption rates of canned beverages in various sports tournaments due to their growing convenience rates regarding handling are estimated to drive the market growth. Canned food is one of the primary sources of nutrients, and it protects our food from external conditions to provide clean canned food. Growing demand for flourished soft drinks

South America Canned Food Packaging Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

and juices are projected to impact on canned food market demand positively.

South America Canned Food Packaging Market Share:

Various parameters divided South America Canned Food Packaging Market. By the material, they are segmented into metal, steel, aluminium, plastic, tinplate, glass and others. Among these, the aluminium segment is estimated to have the most significant market share attributed to its properties of high corrosion resistance and reduced self-weight. Growing demand for convenience foods and branded products in developing economies will increase the growth of the market. By the type of can, they are divided into 3-piece can, 2-piece can open the top sanitary can and others. Among these 2-piece cans is estimated to have largest market share owing

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South America Canned Food Packaging Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

to its natural & efficient making process and can be tightly sealed with less consumption of raw materials.

By the Application, the canned food packaging market was segmented into pet food, meat, seafood, convenience food, fruits & vegetables, sports & energy drinks, alcoholic, and others. Among these meat & seafood segment is projected to have the largest

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