1/15/2014

Many food-makers in Europe and Australia are turning to stylized pouches for packaging soup as heft and inconvenience cause consumers to turn away from metal cans. The forecast for canned soup is expected to see a compound annual growth rate decline of 2% in France, Italy and Spain and 5% in Australia. "Metal food cans have consequently been rejected by younger generations as a dated packaging format filled with old-fashioned-type foods," said analyst Daniel Grimsey.

Related Summaries