Food Packaging Market Segments, Analysis, Trends, Opportunities, And Strategies (2023-2030)
The global Food Packaging Market was valued at USD 82.99 billion in 2021 and is expected to reach USD 166.52 billion by the year 2028, at a CAGR of 10.46%.
Food Packaging Market service comprises products such as cans, bottles, jars, ampules, plastic pots, aerosol containers, and others to store food products for an extended period. It protects the food products from contamination caused by bacteria, organisms, air, and moisture, and helps in keeping the food fresh. It plays an important role in keeping food safe during supply and transportation. Also, it maintains the quality of the food. Food packaging offers a marketing medium to the service providers and helps in improving consumers' satisfaction levels. According to the analyst, the major driving factors for the Food Packaging market are the increasing demand for ready-to-cook and ready-to-eat food products from consumers. The usage of automation and amendments in food safety regulations by various government organizations such as FDI is also escalating the growth of the Food packaging market.
Top Company Profiles Include in Food Packaging Market Report:
Amcor Ltd. (Australia), Rock-Tenn Company (U.S.), Sealed Air Corp. (U.S.), Nuconic Packaging LLC (U.S.), Tetra Pak International S.A. (Switzerland), Crown Holdings Inc. (U.S.), Ball Corporation, Berry Global Inc,DS Smith PLC, Genpak LLC, Huhtamäki Oyj, Reynolds Group Holdings Limited
The global Food Packaging Market was valued at USD 82.99 billion in 2021 and is expected to reach USD 166.52 billion by the year 2028, at a CAGR of 10.46%.
Food Packaging Market service comprises products such as cans, bottles, jars, ampules, plastic pots, aerosol containers, and others to store food products for an extended period. It protects the food products from contamination caused by bacteria, organisms, air, and moisture, and helps in keeping the food fresh. It plays an important role in keeping food safe during supply and transportation. Also, it maintains the quality of the food. Food packaging offers a marketing medium to the service providers and helps in improving consumers' satisfaction levels. According to the analyst, the major driving factors for the Food Packaging market are the increasing demand for ready-to-cook and ready-to-eat food products from consumers. The usage of automation and amendments in food safety regulations by various government organizations such as FDI is also escalating the growth of the Food packaging market.
Top Company Profiles Include in Food Packaging Market Report:
Amcor Ltd. (Australia), Rock-Tenn Company (U.S.), Sealed Air Corp. (U.S.), Nuconic Packaging LLC (U.S.), Tetra Pak International S.A. (Switzerland), Crown Holdings Inc. (U.S.), Ball Corporation, Berry Global Inc,DS Smith PLC, Genpak LLC, Huhtamäki Oyj, Reynolds Group Holdings Limited
8 months ago
