Get the label of a bottle without moving the bottle
Let's suppose to take a bottle of wine and take picture all around that by moving the camera around the bottle without moving the bottle itself. After that we want to display the label of the bottle. Can I do it with the stitching algorithm? I do not understand if it is not possible or if I just missing some parameters when running the algorithm. The problem seems to me like the opposite of landscape panoramas.
Your problem is exactly an image stitching one, imho.
Once you have all the images, my suggestion would be to stitch them on a cylinder and then warp the cylinder out to straighten the label and extract it (via object recognition, for instance).