Food packaging is defined as the organised way of preparing food for storage, distribution and retailing to satisfy the consumer with optimal cost in a convenient way and canning is an important part of the food packaging system. Canning helps in providing a shield to the processed food and its contents contained in an airtight jar (e.g mason jars) which ranges from 1 year to 5 years (the conditions can differ with specific circumstances).
Canning labels market is anticipated to show a higher growth rate as day by day the food packaging industry is growing and evolving more. In recent years food packaging style has been diversified and it is providing a huge opportunity to the canning labels market to grow in the packaging industry.
Canning labels market has witnessed a strong growth rate in recent years as the consumers’ preference and requirements are changing respectively. From years ago the canning has been proving itself as one of the major players of the packaging system and day after day it is getting popularity worldwide.
The growth in the food & beverage industry is directly linked to the growth of the canning labels market. Consumption of packed food, packed beverages, alcohol, non-alcoholic drinks are triggering the growth of the canning labels market. Two of the major key players of this market are canned pickle and jam season. Presently the workers of canning labels market are focusing on an advantageous location for more productivity and less cost.
This new method is about to lead the market to a higher growth rate as the consumers of canned foods are relying on the high-quality products. The consumers are changing their lifestyle and expanding their economical area to spend on canned food items instead of other products.
The canned foods are found to be rich in dietary fibre and vitamins. The reason behind this is that the heating process during canning procedure makes the dietary fibre more soluble (e.g. canned tomatoes carry more lycopene and vitamin B than their fresh counterparts of tomato).
Moreover, the fantastic nature of canned food allows it to be a safer alternative of fresh food as it protects the consumer from foodborne illness and this characteristic is fuelling the growth of the canning labels market.
Additionally on the label of the cans an individual can get all the details of food products, the correct way of in taking the product along with the nutritional value. The gym buffer consumers and other exercise enthusiasts find the canning-labelling method extremely helpful for their daily food intake habit.
But in the contrast of the same, the cost of the material and high rated canned food can hinder the growth of the canning labels market. The canning is also very much time consuming and improper method can lead consumers to the deadly Clostridium botulinum contamination.
Some fruits and vegetables are less nutritious when they are canned and labelled and canned foods are high in sugar and sodium. These drawbacks can easily hinder the growth of the canning labels market.
North America and Europe are at the first and second place respectively in the canning labels market due to the high consumption of canned food and beverages. Currently, Asia Pacific is expected to show good growth in the market during the forecast period.
Developing countries like India, China, and Brazil have changed their buying patterns by purchasing more packaged foods. As the raw materials are easily available in China, this proves to be one of the key players in triggering the canning labels market’s growth Asia-Pacific region.
Demand for beverages, continuing a trend toward cheap alternatives to chilled and frozen meat has been increasing in the Asia Pacific region majorly due to the changing lifestyle and the increasing purchasing power. However the Covid-19 virus outbreak has lowered the export and import rate of products with canning labels in the Asia-pacific region. But it is expected that the market will overcome all the difficulties very soon.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Globally the canning labels market can be segmented by product type and material type.
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Canning Labels Market
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