A recent Mintel report including research into British consumer food and drink habits during the pandemic has revealed that having been in decline for a number of years, the stockpiling of canned meat has led to a resurgence in sales.
Crown Food Europe and William Saurin are partnering with a 2-star Michelin chef to demonstrate the possibilities for canned foods in the French premium ready meals market.
The report highlights that the global food and beverage metal cans market is estimated to be valued at $27.6 billion in 2020 and is projected to reach $37.0 billion by 2025, recording a CAGR of 6.1%.
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.
Approved Food is continuing to urge shoppers to only buy what they need in the run-up to this year’s Stop Food Waste Day on 29 April. Most previously stockpiled food that has been discarded is fresh, but some of it includes store-cupboard items such as tinned vegetables.
Expect to see a divestment in supply, an increase of local supply chains and multinationals expanding their local presence in territories across the world.
Ball Corporation employees and customers raised the bar again to help address food insecurity in North America during the company’s 2018 “Let’s Can Hunger!” food drive, collecting a record 666,591 pounds of canned food and more than $76,000.
Metal Packaging Europe has entered into a license agreement with food charity Canstruction.