Food Packaging Market by New Technologies, Trends, Industrial Growth and Forecast to 2030

global food packaging market stood at US$ 950.29 Bn in 2021 and is anticipated to reach US$ 1421.22 Bn by 2030, expanding at a CAGR of 4.62% during the forecast period.

Absolute Markets Insights recently published a brand-new report on Food Packaging Market which provides the comprehensive analysis and international forecast when it comes to market. Additionally, this report analyzes key factors that influence interest in the industry, market styles, shares, Demands and challenges faced by industry individuals. The determined and fast developing conditions in the Food Packaging Market across the global, the Food Packaging Market report includes the latest marketing strategies that are imperative to understand the performance and thus, make prominent opinions for profitability and growth by taking into consideration. Also, the study gives suggestions the prominent key players in industry with their details and facts such as product sales, share of the market, and future requirements and scenario.

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Food packaging plays significant role in preventing and delaying chemical, physical and biological deterioration. Simple packaging such as glass, metal, plastics and paper help in extending the shelf-life of food items, enhancing quality and safety, decreasing food wastage and enabling extensive accessibility. Certain packaging materials like plastics and its derivatives cause severe environmental degradation, which renders adverse effects on ecosystem.  In December 2021, Royal Statistical Society of Great Britain, reported that only about 9% of plastic ever made has been recycled. Globally, every year 161 million tons plastic is produced by packaging industry alone. In order to tackle this issue, various governments are taking positive initiatives towards sustainable food packaging, thereby fueling the growth of food packaging market.Global Food Packaging Market is expected to grow at CAGR 4.62% by 2030 owing to Government Initiatives Towards Sustainable Food Packaging.

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Some of the prominent players operating in the food packaging market:

  • AmeriPak, Inc
  • Berry Plastics
  • ConAgra Foods
  • Tetra Pak
  • PepsiCo

Study objectives of Food Packaging Market research:

  • To analyse and study the Food Packaging Market size, value, status and forecast (2021-2030)
  • To analyse the Major players in North America, Europe, China, Japan, Southeast Asia and India, to study the value and market share of top players in these regions.
  • Focuses on the key Food Packaging Market value, market share and development plans in future.
  • Focuses on the global Food Packaging Market key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
  • To define, describe and forecast the market by type, application and region.
  • To analyse the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyse the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyse each submarket with respect to individual growth trend and their contribution to the market

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Segmentation of Global Food Packaging Market

By Packaging Material

  • Recyclable Packaging
    • Glass
    • Metal
    • Wood
    • Paper & Board
    • Others
  • Non-Recyclable Packaging

By Type

  • Bottles
  • Cartons
  • Sachets
  • Boxes
  • Cans
  • Others

By Application

  • Dairy
  • Meat & Seafood
  • Bakery and Confectionary
  • Fruits & Vegetables
  • Beverages
  • Others

By Region:

  • North America
    • U.S.
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Nordic Countries
      • Denmark
      • Finland
      • Iceland
      • Sweden
      • Norway
    • Benelux Union
      • Belgium
      • The Netherlands
      • Luxembourg
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • New Zealand
    • Australia
    • South Korea
    • Southeast Asia
      • Indonesia
      • Thailand
      • Malaysia
      • Singapore
      • Rest of Southeast Asia
    • Rest of Asia Pacific
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Kuwait
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

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