Product ID: SQSG30I2011
Report ID:
SQSG30I2011 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
97 |
Figures:
76
Global Food Packaging Market size was valued at USD 343.3 billion in 2019 and is poised to grow from USD 362.9 billion in 2023 to USD 562.3 billion by 2031, growing at a CAGR of 5.7% in the forecast period (2024-2031).
Growing consumer demand for packaged goods as a result of changing dietary preferences and altering lifestyles may have a critical influence on the industry. Due to their high barrier qualities, shelf lives, and consumer safety, products will be in greater demand as the population and per capita income rise. Foods that are natural, of excellent quality, barely processed or unprocessed, free of preservatives, and with a longer shelf life are in higher demand. Food that has been packaged is used for convenience, barrier and contamination protection, and portion control, among other things. Food safety concerns are addressed through sustainable packaging, which guards against chemical contamination, food-borne illnesses, and loss reduction while maintaining food quality.
US Food Packaging Market is poised to grow at a sustainable CAGR for the next forcast year.
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REQUEST FREE CUSTOMIZATIONGlobal Food Packaging Market size was valued at USD 343.3 billion in 2019 and is poised to grow from USD 362.9 billion in 2023 to USD 562.3 billion by 2031, growing at a CAGR of 5.7% in the forecast period (2024-2031).
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Product ID: SQSG30I2011