Food Packaging Market Brief Forecast and Analysis by Top Key Players to 2032

As per Future Market Insights, the demand in the food packaging market is driven by rising need for packaged food and stringent government policies regarding packaging. Hence, end users in developing economies are switching from unpackaged to packaged foods. Consumption of packaged products with a longer shelf life is surging due to rising health consciousness and awareness about the importance of eating fresh food.

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Key Takeaways from Food Packaging Market

The food packaging market is expected to grow by ~1.7x its current value, surpassing US$ 563 Bn by 2032.
Based on packaging type, the flexible food packaging market is estimated to dominate the market throughout the forecast period.
Dairy product is expected to remain top item in food packaging market and estimated to grow by 1.7x.
South Asia food packaging market is predicted to account for roughly 26% of the worldwide market share during the forecast period.

“With increasing workhours food behaviour of consumers are shifting which will help the market to grow. To capitalize on this trend, key players re focusing on innovation and redesigning of food packaging to keep the product fresh for a longer duration will be essential to be in the market.” comments FMI Analyst

Food Packaging Market Landscape

Mondi Group, Berry Global Group, Tetra pak, Amcor plc, DS Smith plc, Stora Enso, Plastipak, Crown Holdings Inc., Graham Packaging Company, Sealed Air Corporation, Westrock Company, Ball Corporation, International Paper Company, Constantia Flexibles Group GmbH

Food packaging Market by Category

By Material: