(Entertainment-NewsWire.com, November 08, 2017 ) The Latin America Canned Food Packaging Market was worth USD xx million in 2016 and estimated to be growing at a CAGR of xx%, to reach USD xx million by 2021. Food is an important part of the life and it is preferred mostly by various external aspects such as colour, taste, presentation and hygiene. Thus, packaging plays an important role in fulfilling the needs of the customers. To attract the customers and to preserve food, various packaging companies came up with different innovations. Metal cans are one of the most used types of food packaging which facilitate the distribution and storage of the food. Canned food or processed food is a good source of nutrients and protect the food from external conditions and provide hygienic food. View full report @ http://www.marketdataforecast.com/market-reports/latin-america-canned-food-packaging-market-4072/ Metal packaging is popularly used type of packaging as it is convenient to use, easy to transport and safe to consume. The canned food thus is available in various sizes, shapes, and styles. Changing customer preference is a problem faced by the food manufacturers as it is unpredictable and thus constant innovation has to be made to attract them. While offering the advantages of a long shelf-life and low prices, canned food suffers from a poor consumer perception of its healthiness and taste quality. Recyclable and reusable properties of the cans, cheaper price of canned food, nutritional value and hygienic food process, demand for the packaged or processed food, and availability of various convenient food option such as ready to eat, ready to cook, ready to serve and ready to heat are the factors driving the Latin America canned food packaging market. Rising household income, increasing urbanization and growing demand for the milk-based products such as cheese and ice-cream are also driving the market. However, availability of alternative packaging solutions, the high cost of metals, an introduction and high density of polyethylene terephthalate are major restraining factors affecting the Latin America canned food packaging market. Get free sample report @ http://www.marketdataforecast.com/market-reports/latin-america-canned-food-packaging-market-4072/request-sample The Latin America Canned Food Packaging Market is segmented on the basis of Type of can, Material, Application and Distribution channel. Depending on types of can, the market is segmented into 3-piece welded food cans, 2-piece food cans and open top sanitary can. By raw material, the market is segmented into Aluminium packaging, Steel packaging, Tinplate packaging, Glass and Plastic. On the basis of application, the metal cans market is segmented into food & beverage applications. Beverage segment is growing at a highest rate in the canned food packaging market. Based on the beverages, the market is sub segmented into Alcoholic, CSD, Sports & Energy Drinks and based on the food type, the market is sub segmented into Fruits & Vegetables, Convenience Food, Pet Food, Meat & Seafood. Fruits & vegetables is most widely used sub-application of canned food packaging market. On the basis of the Distribution Channel, the market is segmented into Supermarkets and hypermarkets, Independent retailers, Convenience stores and Specialist retailers. Latin America market region includes countries such as Brazil, Mexico, Argentina, and remaining countries of South America. The huge rise in spending in the Food & Beverage division has increased the demand for Canned food packaging. Key players dominating the canned food packaging market are Crown Holdings, Inc., Ball Corporation, Silgan Holdings Inc., Del Monte Foods, Inc., Can-Pack S.A., Ardagh Group, Amcor Limited and Anchor Glass Container Corporation. Enquire before buying @ http://www.marketdataforecast.com/market-reports/latin-america-canned-food-packaging-market-4072/inquire Market Segmentation
1)Type of can Introduction 3-piece welded food cans 2-piece welded food cans Open top sanitary can Y-o-Y Growth Analysis, By Type of can Market Attractiveness Analysis, By Type of can Market Share Analysis, By Type of can
2)Material Introduction Aluminium packaging Steel packaging Tinplate packaging Glass Plastic Y-o-Y Growth Analysis, By Material Market Attractiveness Analysis, By Material Market Share Analysis, By Material
3)Application Introduction Beverages Alcoholic CSD Sports & Energy Drinks Food Fruits & Vegetables Convenience Food Pet Food Meat & Seafood Y-o-Y Growth Analysis, By Application Market Attractiveness Analysis, By Application Market Share Analysis, By Application
4)Distribution Channel Introduction Supermarkets and hypermarkets Independent retailers Convenience stores Specialist retailers Others Y-o-Y Growth Analysis, By Distribution Channel Market Attractiveness Analysis, By Distribution Channel Market Share Analysis, By Distribution Channel
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