Beverage Cans Market Size Worth $53.22 Billion By 2028: Grand View Research, Inc.

Read 222 page research report, "Beverage Cans Market Size, Share & Trends Analysis Report By Material (Aluminum, Steel), By Application (Carbonated Soft Drinks, Fruit & Vegetable Juices), By Region (North America, APAC), And Segment Forecasts, 2020 - 2028", by Grand View Research Read 222 page research report, " Beverage Cans Market Size, Share & Trends Analysis Report By Material (Aluminum, Steel), By Application (Carbonated Soft Drinks, Fruit & Vegetable Juices), By Region ( North...

SAN FRANCISCO, 22/11/2021 (informazione.news - comunicati stampa - cibi e bevande)

Metal recycling has garnered support from government agencies, such as the European Commission and the U.S. government who mandated the exchange of used cans. In addition, the market is expected to benefit from the availability of raw material through municipal recycling programs initiated in countries, such as the U.S., Italy , and Brazil .

Aluminum material lies on the higher side of the price scale as compared to steel. However, it held a considerable volume share of the market in 2020 owing to its ductility that prevents cans from shattering/cracking during their transit along with its corrosion-resistant property and more recyclability than steel material.

The product application for fruit and vegetable juices is expected to witness the fastest growth as these juices are increasingly becoming the beverage of choice in developed as well as developing countries for health-conscious consumers that abstain from consuming carbonated drinks. An increasing number of product launches in terms of different flavors of the fruit and vegetable juices is further expected to augment the segment growth.

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco , the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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