The food packaging market is expected to grow by USD 60.33 billion from 2020 to 2025. The growth momentum of the market is expected to accelerate at a CAGR of 3.60%
Food Packaging Market: Major Growth Drivers
The food packaging market is expected to be driven by the prevention of food counterfeiting. Packaging can play a key role in combating counterfeiting concerns. This technology helps in tracking food through the entire supply chain. Technologies such as barcodes and radio frequency identification (RFID) tags are used for tracking food products. Therefore, proper packaging of products is necessary in the industry.
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Food Packaging Market: Key Vendor Offerings
- Amcor Plc: The company offers food packaging for different varieties of food products such as dairy, seafood, and others.
- Ardagh Group SA: The company offers food packaging for different types of food products such as sauces, condiments, and spices.
- Berry Global Group Inc.: The company offers food packaging such as portion cups, drink cups, and others.
- COFCO Corp.: The company offers food packaging through its wide range of general food cans.
- Crown Holdings Inc.: The company offers food packaging through its wide range of food cans such as round cans and more.
Reasons to Buy Food Packaging Market Report:
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist food packaging market growth during the next five years
- Estimation of the food packaging market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the food packaging market across APAC, Europe, North America, South America, and MEA
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of food packaging market vendors
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Food Packaging Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.60% |
Market growth 2021-2025 |
USD 60.33 billion |
Market structure |
Fragmented |
YoY growth (%) |
3.10 |
Regional analysis |
APAC, Europe, North America, South America, and MEA |
Performing market contribution |
APAC at 56% |
Key consumer countries |
US, China, Germany, India, and UK |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Amcor Plc, Ardagh Group SA, Berry Global Group Inc., COFCO Corp., Crown Holdings Inc., DS Smith Plc, International Paper Co., O-I Glass Inc., Orora Ltd., and Sealed Air Corp. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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