Resources
About Us
Meticulous Research®—a leading global market research company, published a research report titled ‘Food Packaging Market Size, Share, Forecast, & Trends Analysis by Material (Plastic, Metal, Glass), Packaging Type (Rigid, Flexible), Product Type, Application (Bakery Products, Dairy Products, Snacks, Meat Products, RTE Meals)—Global Forecast to 2031’. According to this latest publication from Meticulous Research®, the food packaging market is projected to reach $698.4 billion by 2031, at a CAGR of 5.9% from 2024 to 2031.
The growth of the food packaging market is driven by the growing demand for convenience food products, the increasing demand for convenient & portable packaging solutions, the rising demand for food products with extended shelf life, and high growth in the retail sector. However, food packaging materials’ susceptibility to degradation and fluctuations in raw material prices restrain the growth of this market.
Furthermore, the growing emphasis on eco-friendly packaging & recyclability and innovation in packaging technology are expected to generate market growth opportunities. However, stringent regulatory requirements are a major challenge for market stakeholders.
Additionally, the rise of E-commerce and edible packaging are prominent trends in the food packaging market.
Key Players
The food packaging market is characterized by a moderately competitive scenario due to the presence of many large and small-sized global, regional, and local players. The key players operating in the food packaging market are Amcor plc (Australia), Smurfit Westrock plc (Ireland), Mondi plc (U.K.), Berry Global Group, Inc. (U.S.), Sealed Air Corporation (U.S.), Ball Corporation (U.S.), Tetra Pak International SA (Switzerland), Schur International Holding A/S (Denmark), Anchor Packaging LLC (U.S.), Crown Holdings, Inc. (U.S.), International Paper Company (U.S.), Graham Packaging Company Inc. (U.S.), Borealis AG (Austria), and B.C. Jindal Group (India).
The food packaging market is segmented by material (plastic packaging [non-biodegradable plastic packaging {Polyethylene Terephthalate (PET) packaging, High-density Polyethylene (HDPE) packaging, Polyvinyl Chloride (PVC) packaging, Low-density Polyethylene (LDPE) packaging, Polypropylene (PP) packaging, Polystyrene (PS) packaging, and other non-biodegradable plastic packaging} and biodegradable plastic packaging {starch-based plastic packaging, cellulose-based plastic packaging, Polylactic Acid (PLA) packaging, Poly-3-Hydroxybutyrate (PHB) packaging, Polyhydroxyalkanoate (PHA) packaging, and other biodegradable plastic packaging}], paper & paper-based packaging, metal packaging [aluminum packaging, tin-free steel packaging, tinplate packaging, Stainless Steel (SS) packaging], glass packaging, and other packaging materials), packaging type (flexible, rigid, and semi-rigid), product type (bags & pouches, bottles & jars, films & wraps, boxes & cartons, trays, cans, stick packs & sachets, and other product types), application (bakery products, confectionery products, dairy products, snacks, beverages; meat, poultry, and seafood products; pet food, baby food, ready-to-eat meals, and other applications), end user (food manufacturers, food service providers, packaging service providers, and other end users), and geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa). The study also evaluates industry competitors and analyzes the food packaging market at the regional and country levels.
By material, the food packaging market is segmented into plastic packaging, paper & paper-based packaging, metal packaging, glass packaging, and other packaging materials. In 2024, the plastic segment is expected to account for the largest share of 43.3% of the food packaging market. The large market share of this segment is attributed to the benefits of plastic packaging, such as versatility, cost-effectiveness, flexibility, and ease of production. Plastic is ideal for packaging a wide range of food & beverage products, including fresh produce, dairy, meat, and seafood products, snacks, ready-to-eat meals, and beverages.
By packaging type, the food packaging market is segmented into flexible, rigid, and semi-rigid packaging. In 2024, the flexible packaging segment is expected to account for the largest share of 46.6% of the food packaging market. The key factors contributing to the large market share of the flexible packaging segment are the benefits of flexible packaging, including convenience, cost-effectiveness, extended shelf life of food products, and versatility.
By product type, the food packaging market is segmented into bags & pouches, bottles & jars, films & wraps, boxes & cartons, trays, cans, stick packs & sachets, and other product types. In 2024, the bags & pouches segment is expected to account for the largest share of 28.6% of the food packaging market. Continuous innovation in material & design, the increased consumer demand for food packed in bags & pouches due to the convenience offered, and the growing focus on sustainable packaging solutions are factors contributing to the large market share of the segment.
By application, the food packaging market is segmented into bakery products, confectionery products, dairy products, snacks, beverages, meat, poultry, and seafood products, pet food, baby food, ready-to-eat meals, and other applications. In 2024, the beverages segment is expected to account for the largest share of 24.3% of the food packaging market. This segment’s large market share can be attributed to consumers’ increasing preference for ready-to-drink beverages, the expanding variety of beverages available on the market, and the growing consumption of organic and functional beverages.
By end user, the food packaging market is segmented into food manufacturers, food service providers, packaging service providers, and other end users. In 2024, the food manufacturers’ segment is expected to account for the largest share of 66% of the food packaging market. The segment’s large market share is attributed to the high demand for processed foods and the proliferation of food processing units.
Geographical Review
This research report analyzes major geographies and provides a comprehensive analysis of the food packaging market in North America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), and the Middle East & Africa (United Arab Emirates, Saudi Arabia, South Africa, Rest of Middle East & Africa).
In 2024, Asia-Pacific is expected to account for the largest share of 41.5% of the food packaging market. The Asia-Pacific food packaging market is estimated to be worth $196.6 billion in 2024. The major share of this regional market is mainly attributed to the increased demand for processed food products, robust growth in the food & beverage industry, increasing urbanization, growing health awareness, rising disposable incomes, and government support for the food processing sector.
Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5972
Key Questions Answered in the Report:
Contact Us:
Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
Paleo Food Market to Reach $17.98 Billion by 2031
Read MoreBeet Gummies Market to Reach $217.6 Million by 2031
Read MoreEgg Replacers Market to Reach $2.27 Billion by 2031
Read MoreStarch Derivatives Market to Reach $70.48 Billion by 2031
Read MoreADHD Supplements Market to Reach $0.97 Billion by 2031
Read MoreGlycolic Acid Market to Reach $754.8 Billion by 2031
Read MoreMushroom Coffee Market to Reach $4.26 Billion by 2031
Read MoreFood Subscription Services Market to Reach $12.75 Billion by 2031
Read MoreCreatine Gummies Market to Reach $168.2 Million by 2031
Read MoreGluten-free Pasta Market to Reach $1,507.2 Million by 2031
Read MoreBeta Glucan Market to Reach $773.8 Million by 2031
Read MoreCannabidiol Market to Reach $71.06 Billion by 2031
Read MoreLactic Acid Market to Reach $10.64 Billion by 2031
Read MoreGluten-free Products Market to Reach $13.08 Billion by 2031
Read MoreFood Fortification Market to Reach $207.58 Billion by 2031
Read MoreScotch Whiskey Market to Reach $22.83 Billion by 2031
Read MoreHarvester Market to Reach $42.51 Billion by 2031
Read MorePet Supplements Market to Reach $4.68 Billion by 2031
Read MoreFood Preservatives Market to Reach $4.19 Billion by 2031
Read MoreFood Emulsifiers Market to Reach $5.87 Billion by 2031
Read MoreVegan Yogurt Market to Reach $8.85 Billion by 2031
Read MoreMeal Replacement Products Market to Reach $32.2 Billion by 2031
Read MoreFood Antioxidants Market to Reach $3.08 Billion by 2031
Read MoreSpecialty Enzymes Market to Reach $6.47 Billion by 2031
Read MoreFish Oil Market to Reach $4.51 Billion by 2031
Read MoreAlmond Milk Market to Reach $33.08 Billion by 2031
Read MoreBreakfast Cereals Market to Reach $54.24 Billion by 2031
Read MoreProtein Hydrolysates Market to Reach $1.07 Billion by 2031
Read MoreBotanical Supplements Market to Reach $81.6 Billion by 2031
Read MoreDextrin Market to Reach $4 Billion by 2031
Read MoreVitamins Market to Reach $26.03 Billion by 2031
Read MoreDietary Supplements Market to Reach $166.58 Billion by 2031
Read MoreMonk Fruit Sweeteners Market to Reach $147.2 Million by 2031
Read MoreFood Coating Market to Reach $5.92 Billion by 2031
Read MoreSavory Ingredients Market to Reach $13.38 Billion by 2031
Read MoreNatural Flavors Market to Reach $12.05 Billion by 2031
Read MoreKombucha Market to Reach $12.36 Billion by 2031
Read MoreEnergy Drinks Market to Reach $122.54 Billion by 2031
Read MoreSports Nutrition Market to Reach $82.35 Billion by 2031
Read MoreBotanicals Market to Reach $24.97 Billion by 2031
Read MorePlant-based Cheese Market to Reach $8.62 Billion by 2031
Read MoreNon-alcoholic Wine Market to Reach $2.61 Billion by 2031
Read MoreFrozen Dough Market to be Worth $37.8 Billion by 2031
Read MoreMarine Collagen Market to be Worth $2.32 Billion by 2031
Read MorePlant Extracts Market to Reach $63.26 Billion by 2031
Read MoreYeast Extract Market to Reach $2.92 Billion by 2031
Read MoreFood Packaging Market to Reach $698.4 Billion by 2031
Read MoreLecithin Market to Reach $2.91 Billion by 2031
Read MoreGelatin Market to be Worth $7.46 Billion by 2031
Read MoreAquafeed Market to be Worth $122.54 Billion by 2031
Read MoreBaby Food Market to be Worth $120.1 Billion by 2031
Read MoreOleoresins Market to Reach $2.49 Billion by 2031
Read MoreVegan Food Market to be Worth $109.4 Billion by 2031
Read MoreFruit Extracts Market to be Worth $31.11 Billion by 2031
Read MoreMoringa Extract Market to be Worth $10.65 Billion by 2031
Read MoreDTC Food Market to be Worth $195.39 Billion by 2031
Read MoreSuperfoods Market to Reach $281.9 Billion by 2030
Read MorePlant-based Meat Market to Reach $27.14 Billion by 2031
Read MoreEurope Seaweed Market to Reach $5.65 Billion by 2030
Read MoreAstaxanthin Market Worth $1.34 Billion by 2030
Read MoreVitamin D Market Worth $2.43 billion by 2030
Read MoreCarotenoids Market Worth $2.26 Billion by 2030
Read MoreAlgae Market Worth $29.8 billion by 2030
Read MoreFunctional Beverages Market Worth $179.8 Billion by 2029
Read MoreSavory Snacks Market Worth $347.2 Billion by 2029
Read MoreAnimal Feed Market to be Worth $1,008.8 Billion by 2031
Read MoreHealthy Snacks Market Worth $152.08 Billion by 2029
Read MoreEnzymes Market Worth $18.38 billion by 2029
Read MorePea Starch Market Worth $307.4 Million by 2029
Read MoreBakery Premixes Market Worth $547.8 Million by 2029
Read MorePotato Starch Market Worth $5.6 Billion by 2029
Read MorePostbiotics Market to be Worth $24 Million by 2029
Read MoreSugar-free Products Market Worth $65.31 Billion by 2029
Read MoreFrozen Seafood Market to Reach $74.34 Billion by 2029
Read MoreFrozen Ready Meals Market Worth $130.67 Billion by 2029
Read MoreFrozen Food Market to be Worth $447.79 Billion by 2031
Read MorePlant-based Milk Market to Reach $52.54 Billion by 2031
Read MoreLab-grown Meat Market Worth $1.99 Billion by 2035
Read MoreWheat Protein Market Worth $9.5 Billion by 2029
Read MoreBlack Soldier Fly Oil Market Worth $72 Million by 2029
Read MoreInsect Protein Market Worth $9.46 billion by 2030
Read MoreGluten-Free Products Market Worth $10.96 Billion by 2029
Read MoreMeat Market to Reach $1.52 Trillion by 2031
Read MoreEurope Plant-based Foods Market to Reach $21.62 Billion by 2031
Read MoreD-psicose Market Worth $438.1 Million by 2029
Read MoreCrickets Market to Reach $5,923.4 million by 2031
Read MoreNannochloropsis Market to Reach $14 Million by 2031
Read MoreNatural Carotenoids Market Worth $1.9 Billion by 2028
Read MoreStevia Market Worth $1.11 billion by 2028
Read MoreMicroalgae Market to Reach $2.26 Billion by 2031
Read MoreBotanical Extracts Market Worth $10.1 Billion by 2028
Read MoreCBD-infused Products Market to Reach $291.39 Billion by 2031
Read MoreColeus and Turmeric Market Worth $6.9 billion by 2027
Read MoreProtein Ingredients Market Worth $79.7 billion by 2028
Read MoreSugar Substitutes Market Worth $24.1 Billion by 2028
Read MoreChlorella Market Worth $412.3 million by 2028
Read MoreButterfly Pea Flowers Market to Reach $151.7 Billion by 2031
Read MoreSorbitol Market Worth $2.39 billion by 2030
Read MoreTaste Modulators Market to Reach $2.50 Billion by 2031
Read MoreFood Premix Market to be Worth $2.93 billion by 2030
Read MoreDairy Ingredients Market to Reach $93.22 Billion by 2031
Read MoreSpecialty Yeast Market Worth $4.8 billion by 2025
Read MorePea Protein Market to Reach $1.31 Billion by 2031
Read MoreSpirulina Market to Reach $1.20 Billion by 2031
Read MoreFood Flavors Market Worth $20.39 Billion by 2028
Read MoreNatural Sausage Casings Market Worth $2.79 Billion by 2028
Read MoreLegal Marijuana Market Worth $75.6 Billion By 2025
Read MoreFood Colors Market to Reach $5.42 Billion by 2031
Read MoreArtificial Casings Market to Reach $5.87 Billion by 2031
Read MoreEurope Artificial Casings Market to be Worth $1.65 Billion by 2030
Read MoreSoy Protein Market Worth $14.1 Billion by 2029
Read MoreEdible Insects Market to be Worth $17.9 Billion by 2033
Read MoreAmerican Whiskey Market to Reach $29.38 Billion by 2031
Read MoreAlgae Products Market to Reach $6.01 Billion by 2031
Read MoreDairy Products Market to Reach $1,167.93 Billion by 2031
Read MorePlant-based Protein Market to be Worth $26.45 Billion by 2031
Read MoreAlgal Pigments Market to Reach $718.0 Million by 2031
Read MoreMeat Substitute Market Worth $17.5 billion by 2027
Read MoreSmart Packaging Market Worth $43.6 billion by 2027
Read MoreFrozen Bakery Products Market worth $59.9 billion by 2027
Read MoreHydrocolloids Market to be Worth $18.34 Billion by 2031
Read MoreFood Safety Testing Market Worth $29.6 Billion by 2027
Read MorePhycocyanin Market to Reach $350.5 Million by 2031
Read MoreCollagen Market Worth $8.64 Billion by 2029
Read More