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Global Metal Food Can Packaging: Avenues of Growth in Canned and Pet Food
Euromonitor International, March 2010, Pages: 45
Key Findings in this Report:
- A number of countries are seeing a shift from unpackaged to packaged foods. Continuing urbanisation and rising disposable incomes are serving to stimulate sales of canned foods. Asia shows the strongest food can prospects, led by China, the Philippines, Malaysia and Indonesia.
- In a time of economic instability, the often more affordable retail prices of many canned/preserved food products have led to renewed interest, at the expense of higher priced alternatives.
- Increasing emphasis is being placed on health and well-being by consumers, for instance, regarding salt/sugar content and food’s impact on cholesterol levels. Such concerns are contributing to the can’s weakening performance in meat and vegetables.
- The shift to single serve is evident in premium pet food, driving increased sales of small-sized pouches, aluminium trays and food cans. In human packaged food, the rise of single serve sales is evident in microwavable packs of beans, soup and ready meals.
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