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Canning Machine Market Size, Share, and Industry Analysis, By Type (Solid, Liquid, and Powder), By Operation Type (Can Filling, Can Capping, Can Seamer, and Can Labeling), By Application (Food Processing, Medicines, Beverages, and Others (Health Supplement)), and Regional Forecast, 2024-2032
Report Format: PDF | Published Date: Ongoing | Report ID: FBI110011 | Status : UpcomingCanning is a storage methodology that preserves food in an air-tight container. Canning machines play a crucial role in the food and beverage industry by automating the process of filling, sealing, and labeling cans for various products such as beverages, food, medicines, and health supplements. They offer efficiency, precision, and scalability in mass production, catering to the needs of manufacturers across different sectors.
The global rise in the demand for packaged and ready-to-eat food products has resulted in an increased demand for innovative filling systems. To fill the demand gap, manufacturers are opting for a better and sustainable packaging method. Canning machines help with minimizing product and productivity loss with higher efficiency and maximizing profits for the owner in the long term.
- In December 2023, data from the Ministry of Food Processing & Industries showcased that the Government of India allocated USD 39.45 billion for the development of the food processing sector, marking an increase of 73% from the year 2022-2023. Since January 2023, the ministry has approved 184 projects out of which 110 have been completed and are operational.
The COVID-19 pandemic has had a significant effect on the global food & beverage market. The sales of packaged canned food items and the food processing industry as a whole have been negatively affected by the pandemic. Travel restrictions and supply chain constraints have made it even more challenging. To recover from the pandemic, manufacturers considered shifting their strategies from application specific products to the operational capability enhanced portfolio.
Impact of Generative AI on the Canning Machine Market
The food industry is rapidly adopting AI disruptors to keep up with technological advancements and unlock exponential business value. According to industry experts, generative AI has been recorded to be one of the most influential technology trends in 2022. Nearly 40% of companies plan to increase their AI investments in the coming years, primarily due to the potential of generative AI.
Moreover, technological innovations in food processing and packaging machinery offer capabilities such as inline quality control systems, automated canning lines, and intelligent software solutions. These advancements are enhancing the speed, efficiency, and reliability of canning operations, which subsequently attracts food processing users to invest majorly in modern canning machinery. The flexibility of canning machines allows end users in the food industry to package an extensive range of products, including craft beers, carbonated beverages, canned powder supplements, and ready-to-eat meals, expanding their product portfolios and market reach.
Key Insights
The report covers the following key insights:
- Micro Macro Economic Indicators
- Drivers, Restraints, Trends, and Opportunities
- Business Strategies Adopted by Key Players
- Impact of Generative AI on the Global Canning Machine Market
- Consolidated SWOT Analysis of Key Players
Segmentation
By Type | By Operation Type | By Application | By Region |
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Analysis By Type
The liquid canning machines market is estimated to grow at the highest CAGR over the forecast period. This is owing to the increasing demand for beverages and changing consumer behavior and lifestyle. There is a growing demand for modular and compact canning machines that can quickly mobilize and offer scalability, flexibility, and changeover features to easily integrate and accommodate small-batch production and product customization, catering to the demand and needs of boutique wineries, craft breweries, and specialty food producers. Canning technology helps preserve food products for a longer duration, reducing food waste and ensuring that the canned product is fresh and hygienic. Preserving is particularly crucial in serving the demands of global supply chains and extended distribution channels.
Regional Analysis
The global canning machine market has been studied across five regions: North America, South America, Europe, the Middle East & Africa, and Asia Pacific.
The Asia Pacific region is estimated to hold the largest share due to the growing demand for instant food and beverages. The government's emphasis on setting up food processing units for which easy availability of loans and infrastructure has pushed the demand for canning machines across the region. Asia is a fast-growing market with rapid urbanization, rising disposable income, and the growing demand for canned soft drinks, energy drinks, and instant food meals is fuelling market expansion, especially in countries such as China, India, and Japan.
- In December 2023, data from the Ministry of Food Processing and Industries showed that the government of India had approved 176 proposals under varied categories of product-linked incentive schemes for the food processing sector (PLISFPI).
Additionally, North America is a developed market with a sturdy presence of established big manufacturers and a strong demand for canned craft beers, beverages, and specialty food meals. Further, technological developments and the spread of microbreweries are driving the regional market growth.
Europe is a highly regulated market with governments emphasizing food safety, stringent quality standards, and environmental sustainability. There is a steadily growing demand for canned spirits, wines, and premium beverages, driving the adoption of advanced canning machinery with inline quality control and traceability features.
Latin America is an emerging market with a growing urban population and an expanding beverage industry. The demand for canned fruits, preserved vegetables, and beverages such as hop beer and carbonated soft drinks is driving the adoption of canning machines in the region.
In contrast, the Middle East & Africa is a developing market with momentous growth possibilities driven by accumulative investments in food processing and beverage manufacturing industries.
Distribution of the Global Canning Machine Market, By Region of Origin:
- North America – 17%
- South America – 13%
- Europe – 23%
- Middle East and Africa – 9%
- Asia Pacific – 38%
Key Players Covered
The key players in this market include HOR YANG Machinery, Levapack, ABE Equipment, Cask Global Canning Solutions, American Canning, Dixie Canner Co., Co.Mac srl, Krones Group, Ferrum AG, Wild Goose Filling, and Comac Group.
Key Industry Developments
- March 2024: Comac Group, a prominent manufacturer of canning machines, launched its advanced automatic canning machine. The solution offers fast beverage canning with more efficiency, high precision, and high-quality production. The automatic machine leverages the pressure filling technology that can fill upto 4,000 CPH.
- August 2023: Ferrum AG, a prominent packaging and canning machine manufacturer, formed its new business division, Ferrum Analytics and Sorting AG. The business came into existence after the acquisition of Qualysense AG's complete operations.
- Global
- 2023
- 2019-2022