![]() ![]() ![]() This contrasts with a January 2018 Euromonitor report where it had forecast metal food can sales to decline globally between 2016-2021, saying “consumers are shifting away from canned to chilled and frozen food and other formats that offer added functionality, such as thin wall plastic containers and pouches”.īut pandemic stockpiling of canned food “will boost shelf stable food categories such as beans, tomatoes and meat which are key to metal food cans sales,” with can’s product preservation valued over convenience during the perceived uncertainty over food supplies while Covid-19 cases grow, the consultant added.Ĭhief operating officer of Decernis, a Washington DC-based food chain traceability technology company, Kevin C Kenny, agreed that orders for “shelf-stable canned foods – fruits and meats in particular” had risen worldwide. ![]() And although these sales picked up slightly in 2019 to 57.57bn units, overall growth over the past three years has been insignificant.īut this is now projected to change with the Euromonitor consultant saying that metal food cans unit volume sales set to grow through 2024 – “gaining a few annual growth percentage points”. London-based market researcher Euromonitor International’s senior consultant Karine Dussimon said metal canned-food comprising bakery, baby food, ready meals, frozen food, noodle, oil and snack bars, canned fruit and meat among many others saw worldwide sales declining to 57.49 billion units in 2018 from 57.8bn in 2017. Indeed, for the time being, the pandemic is boosting a global metal canned-food sector which had seen rather stagnant sales over the last three years. “At the forefront of Covid-19 food habits is the reliance on shelf-stable food products in the early days of the pandemic, panic buying saw many consumers stockpile items such as beans, soups and other canned foods,” Arian Bassari, consumer analyst at UK market research company GlobalData told CanTech International. The can making and filling sectors have become beneficiaries – at least in the short term – of consumers turning their kitchen cupboards into pandemic pantries, stockpiling canned food and other long-lasting products because they fear of food shortages because of Covid-19. This week’s blog comes as a guest blog from the INS Editorial team. ![]()
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