Food Packaging Market Size, Growth Rate, Future Scope, Analysis, Business Development And CAGR To 2023
Key Players
The leading players profiled by MRFR that are operating in the global Food Packaging Market Size, are
- Amcor Limited (Australia)
- Coveris Holdings S.A (Luxembourg)
- The Smurfit Kappa Group plc (Republic of Ireland)
- I. du Pont de Nemours and Company (the U.S.)
- Mondi Plc (Austria)
- Bemis Company, Inc. (the U.S.)
- International Paper Company (the U.S.)
- S. Smith Plc. (the U.K.)
- Silgan Holdings Inc. (the U.S.)
- RockTenn Company (the U.S.).
Industry Updates
In October 2018, Mondelez International, an American multinational confectionery, food and beverages company, has announced that it will shift to all recyclable packaging by the end of 2025.
Segmentation
The global Food Packaging Market Size is segmented on the basis material, type and application. Based on material, the Food Packaging Market Size, has been segmented into glass, paper & paperboard, plastic, metal and others. Based on application, the Food Packaging Market Size, has been segmented into bakery & confectionery, dairy, meat, fruits and vegetables and others. Amongst these, the meat segment is projecting noteworthy growth in the global Food Packaging Market Size, owing to rise preference for protein-rich food, which is leading to the increase in consumption of seafood and meat products.
Based on type, the Food Packaging Market Size, has been segmented into bottles, cans, pouches, boxes, and others. The boxes segment accounts for the major share in the global Food Packaging Market Size, over the forecast period.
Regional Analysis
The global Food Packaging Market Size, has been geographically segmented into for major regions such as Europe, Asia Pacific, North America and the Middle East and Africa. The North America region constitutes a major share of the global Food Packaging Market Size,. High demand for packaged food by the large urban population is majorly driving the Food Packaging Market Size, in this region. Increasing consumer preference for packaged food in the developing countries of the Asia Pacific region is fueling the growth of Food Packaging Market Size, in this region. Increasing demand for high-quality packaging for frozen food and other products is driving the Food Packaging Market Size, in the Europe region.
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