Monday, March 28, 2022

Europe Food Can Market Channel Outlook (Revenue, USD Billion, 2014 - 2025)

Country Insights

Over a given time period CAGR of over 3% by revenue is a expected market growth in Turkey which makes it a key market for the product. . The demand is expected to benefit from the rapidly changing economic conditions leading to an increase in consumer changing power. Germany on the other hand accounted over 8% of volume share in Europe by consumption of meat and fish products in the region. Change in consumer preference towards adoption of fresh products has affected a growth by small margin in the region

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Competitive Insights

The industry exhibits the presence of a number of large players operating their businesses through high production capacities and an extensive distribution network. The manufacturers in the region lay high emphasis on the research & development for the production of advanced cans to attract the consumers.

The manufacturers provide empty cans to the food processing companies that fill the product either through self-owned filling locations or through third party filling companies. The advantages of a third party filling include the cost reduction in the operations and setting up of the filling channels by the processing companies. This report forecasts revenue and volume growth at country levels and provides an analysis on the industry trends in each of the sub-segments from 2014 to 2025. 

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