Author: Elena Anderson Marketing Manager IMARC Group
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Copyright © IMARC Service Pvt Ltd. All Rights Reserved Global ReportResearchPackagingFoodMarket2022-2027
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Global Food Packaging Market Outlook 2022-2027: According to the latest report by IMARC Group, titled "Food Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global food packaging market reached a value of US$ 345.3 Billion in 2021. Food packaging refers to the enclosing of food items to preserve the quality and protect it from contamination or tampering for the shelf-life duration. It plays a vital role in guaranteeing food safety, portion control and preventing food decay by physical, chemical, or biological sources. Besides this, it assists in providing effective inventory control and displaying the vital information, including the nutritional content, price, expiry date, and manufacturing date, on the packaging labels, as a means of information transmission. Innovative food packaging solutions with attractive illustrations also serve marketing purposes for attracting a large consumer base. Request for a PDF sample of this report https://www.imarcgroup.com/food-packaging-market/requestsample:
The global market is primarily driven by the rising preference for convenience food among the masses. This can be attributed to the hectic lifestyles led by the working population and the increasing food safety concerns amid the pandemic. In line with this, the widespread demand for unprocessed or minimally processed healthy food items focusing on sustainable packaging is also propelling the market
Thegrowth.growing utilization of eco-friendly, reusable and biodegradable packaging materials is further creating a positive outlook for the market. Furthermore, the advent of smart food packaging with modified atmosphere packaging techniques, including embedded sensor technology that identifies pathogen and toxic elements and provides precise quality reports of the inside product, is gaining traction across the globe. Moreover, the flourishing online retail channels are resulting in substantial product sales, thereby leading to the higher uptake of flexible packaging across the globe. Some of the other factors that are significantly contributing to the market include the inflating disposable income levels of the masses View Report TOC, Figures and Tables: https://www.imarcgroup.com/food-packaging-market
Global Food Packaging Market Drivers/Constraints:
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Report Description Report Description and Highlights Key Market Segmentation The research report includes the following segments: Breakup by Packaging Type: • Flexible • Paper and Paperboard • Rigid Plastic • Glass • Metal Looking forward, IMARC Group expects the market to reach US$ 483.4 Billion by 2027, exhibiting at a CAGR of 5.85% during 2022-2027.
Report Description Report Description and Highlights Breakup by Application: • Bakery, Confectionery, Pasta, and Noodles • Dairy Products • Sauces, Dressings, and Condiments • Snacks and Side Dishes • Convenience Foods • Meat, Fish, and Poultry • Fruits and Vegetables Breakup by Region: • North America • Asia Pacific • Europe • Latin America • Middle East and Africa
Report Description Report Description and Highlights Competitive Landscape: • Amcor PLC • Crown Holdings Incorporated • Owens-Illinois Inc • Tetra Pak Ltd • American Packaging Corporation • Ball Corporation Note: We are updating our reports, If you want the report with the latest primary and secondary data (2022-2027) including industry trends, market size and Competitive landscape, etc. Click here: https://www.imarcgroup.com/food-packaging-market/requestsample
Key Questions Answered in the impact
Report 1. What has been the historical growth rate of the global Food Packaging Market? 2. What has been the
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of COVID-19 on the global Food Packaging Market? 3. What are the key factors driving the global Food Packaging Market? 4. What is the breakup of the global Food Packaging Market based on the type? 5. What is the breakup of the global Food Packaging Market based on the application? 6. What is the breakup of the global Food Packaging Market based on the distribution channel? 7. What are the key regions in the global Food Packaging Market? 8. Who are the key players/companies in the global Food Packaging Market?
Report Description Table of Contents 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends
Report Description Table of Contents 5 Global Food Packaging Market Industry 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Breakup by Packaging Type 5.5 Market Breakup by Application 5.6 Market Breakup by Region Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/food-packaging-market/toc
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