Press release
Key Trend Reshaping the Food Packaging And Processing Market in 2025: Advancements In Food Packaging And Processing Enhanced Market Growth
"What Are the Projections for the Size and Growth Rate of the Food Packaging And Processing Market?
In the last few years, the market size for food packaging and processing has seen robust growth. The market is anticipated to expand from $80.04 billion in 2024 to $84.8 billion in 2025, recording a compound annual growth rate (CAGR) of 5.9%. The notable growth during the historical period is primarily due to a raised consciousness about environmental concerns, an amplified emphasis on health and wellness, improved consumer knowledge and education, a heightened demand for transparency in sourcing ingredients, and an increasing requirement for portion control.
In the upcoming years, the market size for food packaging and processing is projected to experience robust growth, expanding to $108.38 billion in 2029 with a compound annual growth rate (CAGR) of 6.3%. The expected growth during this forecast period can be linked to the rise of e-commerce, the surge in globalization and trade, the creation of innovative packaging materials, the proliferation of the plant-based food industry, and the increase in ready-to-drink (RTD) beverages. The forecast period is also likely to witness key trends like advanced processing methods, incorporation of intelligent systems, high-pressure processing (HPP), enhanced food safety measures, and smart labeling.
What Are the Main Catalysts for Growth in the Food Packaging And Processing Market?
The escalating requirement for convenience food is set to drive the expansion of the food packaging and processing market in the future. Convenience food entails meal options that are structured to be fast and simple to make or eat. This rising demand stems from hectic schedules, the quest for expedited meal solutions, and the necessity for swift food preparation in our rapid-paced society. The packaging and processing of these quick meals extends their shelf life, keeps them fresh, and simplifies their preparation time, allowing consumers to relish their ready-to-eat meals effortlessly. An example to note is the forecast in March 2024 by the Bank of Ayudhya Public Company Limited, a commercial bank in Thailand, which reported a projected annual growth of 3.0-4.0% in the domestic market for Thai-produced ready-to-eat food from 2024 to 2026. It was also noted that in 2022, the ready-to-eat food sector achieved a total domestic and export sales volume of 482.4 thousand tons worth USD 2.0 billion. Therefore, this increasing requirement for easily prepared meals is propelling the advancement of the food packaging and processing market.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=19445&type=smp
Which Businesses Are at the Forefront of Food Packaging And Processing Market Development?
Major companies operating in the food packaging and processing market are WestRock Company, Ball Corporation, Amcor Public Limited Company, Berry Global Inc., Tetra Pak Ltd., Mondi Group, DS Smith plc, Graphic Packaging Holding Company, Sonoco Products Company, Silgan Holdings Inc., Sealed Air Corporation, Huhtamäki Oyj, Pentair Commercial Ice LLC, Reynolds Consumer Products Inc., Bühler Group, ProAmpac LLC, Marel Inc., John Bean Technologies Corporation, Winpak Ltd., Emmerson Packaging Ltd., PakTech LLC, Pacmoore Product Inc., Chantler Packages Limited, CuBE Packaging Solutions Inc.
What Are the Latest Innovations in the Food Packaging And Processing Market?
Key players in the food packaging and processing market are prioritizing the creation of innovative solutions, including water-sourced and plant-based coatings, to heighten sustainability and minimize environmental harm. A coating of this nature is a sustainable solution produced from natural plant materials and water, mitigating the use of petroleum-derived solvents. For example, in December 2023, Melodea Ltd., a company from the US that specializes in sustainable barrier coatings, introduced MelOx NGen. This high-efficiency barrier product is tailored to facilitate the recycling of plastic food packaging among other uses. The forward-thinking solution employs a plant-based, water-sourced coating that not only makes plastic food packaging recycling feasible, but upholds food quality and prolongs shelf life. It introduces a financially viable and sustainable alternative to petroleum-derived materials such as Ethyl Vinyl Alcohol copolymers (EVOH) and metalized polyethylene terephthalate (met-PET). Applicable to a range of plastics, including those with nanostructures, MelOx NGen maintains its high efficacy whilst being recyclable.
How Is the Food Packaging And Processing Market Segmented?
The food packaging and processingmarket covered in this report is segmented -
1) By Type: Rigid, Semi-Rigid, Flexible
2) By Equipment Type: Filling, Bottling, Case Cartooning, Labeling, Palletizing
3) By Material: Paper And Paper-Based Material, Plastics, Metal, Glass, Other Materials
4) By Application: Bakery And Confectionery Products, Meat And Poultry Products, Dairy Products, Beverages, Other Applications
Subsegments:
1) By Rigid: Plastic Rigid Packaging, Glass Rigid Packaging, Metal Rigid Packaging, Paperboard Rigid Packaging, Containers And Tubs
2) By Semi-Rigid: Blister Packs, Trays, Clamshells, Food Containers, Cup and Lid Systems
3) By Flexible: Flexible Pouches, Wraps And Films, Bags And Sacks, Shrink Sleeves, Stand-Up Pouches
Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/food-packaging-and-processing-global-market-report
Where Is the Food Packaging And Processing Market Growth Most Prominent?
Asia-Pacific was the largest region in the food packaging and processing market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the food packaging and processing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Food Packaging And Processing Global Market Report?
- Market Size Analysis: Analyze the Food Packaging And Processing Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Food Packaging And Processing Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Food Packaging And Processing Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Food Packaging And Processing Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=19445"
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ"
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
In the last few years, the market size for food packaging and processing has seen robust growth. The market is anticipated to expand from $80.04 billion in 2024 to $84.8 billion in 2025, recording a compound annual growth rate (CAGR) of 5.9%. The notable growth during the historical period is primarily due to a raised consciousness about environmental concerns, an amplified emphasis on health and wellness, improved consumer knowledge and education, a heightened demand for transparency in sourcing ingredients, and an increasing requirement for portion control.
In the upcoming years, the market size for food packaging and processing is projected to experience robust growth, expanding to $108.38 billion in 2029 with a compound annual growth rate (CAGR) of 6.3%. The expected growth during this forecast period can be linked to the rise of e-commerce, the surge in globalization and trade, the creation of innovative packaging materials, the proliferation of the plant-based food industry, and the increase in ready-to-drink (RTD) beverages. The forecast period is also likely to witness key trends like advanced processing methods, incorporation of intelligent systems, high-pressure processing (HPP), enhanced food safety measures, and smart labeling.
What Are the Main Catalysts for Growth in the Food Packaging And Processing Market?
The escalating requirement for convenience food is set to drive the expansion of the food packaging and processing market in the future. Convenience food entails meal options that are structured to be fast and simple to make or eat. This rising demand stems from hectic schedules, the quest for expedited meal solutions, and the necessity for swift food preparation in our rapid-paced society. The packaging and processing of these quick meals extends their shelf life, keeps them fresh, and simplifies their preparation time, allowing consumers to relish their ready-to-eat meals effortlessly. An example to note is the forecast in March 2024 by the Bank of Ayudhya Public Company Limited, a commercial bank in Thailand, which reported a projected annual growth of 3.0-4.0% in the domestic market for Thai-produced ready-to-eat food from 2024 to 2026. It was also noted that in 2022, the ready-to-eat food sector achieved a total domestic and export sales volume of 482.4 thousand tons worth USD 2.0 billion. Therefore, this increasing requirement for easily prepared meals is propelling the advancement of the food packaging and processing market.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=19445&type=smp
Which Businesses Are at the Forefront of Food Packaging And Processing Market Development?
Major companies operating in the food packaging and processing market are WestRock Company, Ball Corporation, Amcor Public Limited Company, Berry Global Inc., Tetra Pak Ltd., Mondi Group, DS Smith plc, Graphic Packaging Holding Company, Sonoco Products Company, Silgan Holdings Inc., Sealed Air Corporation, Huhtamäki Oyj, Pentair Commercial Ice LLC, Reynolds Consumer Products Inc., Bühler Group, ProAmpac LLC, Marel Inc., John Bean Technologies Corporation, Winpak Ltd., Emmerson Packaging Ltd., PakTech LLC, Pacmoore Product Inc., Chantler Packages Limited, CuBE Packaging Solutions Inc.
What Are the Latest Innovations in the Food Packaging And Processing Market?
Key players in the food packaging and processing market are prioritizing the creation of innovative solutions, including water-sourced and plant-based coatings, to heighten sustainability and minimize environmental harm. A coating of this nature is a sustainable solution produced from natural plant materials and water, mitigating the use of petroleum-derived solvents. For example, in December 2023, Melodea Ltd., a company from the US that specializes in sustainable barrier coatings, introduced MelOx NGen. This high-efficiency barrier product is tailored to facilitate the recycling of plastic food packaging among other uses. The forward-thinking solution employs a plant-based, water-sourced coating that not only makes plastic food packaging recycling feasible, but upholds food quality and prolongs shelf life. It introduces a financially viable and sustainable alternative to petroleum-derived materials such as Ethyl Vinyl Alcohol copolymers (EVOH) and metalized polyethylene terephthalate (met-PET). Applicable to a range of plastics, including those with nanostructures, MelOx NGen maintains its high efficacy whilst being recyclable.
How Is the Food Packaging And Processing Market Segmented?
The food packaging and processingmarket covered in this report is segmented -
1) By Type: Rigid, Semi-Rigid, Flexible
2) By Equipment Type: Filling, Bottling, Case Cartooning, Labeling, Palletizing
3) By Material: Paper And Paper-Based Material, Plastics, Metal, Glass, Other Materials
4) By Application: Bakery And Confectionery Products, Meat And Poultry Products, Dairy Products, Beverages, Other Applications
Subsegments:
1) By Rigid: Plastic Rigid Packaging, Glass Rigid Packaging, Metal Rigid Packaging, Paperboard Rigid Packaging, Containers And Tubs
2) By Semi-Rigid: Blister Packs, Trays, Clamshells, Food Containers, Cup and Lid Systems
3) By Flexible: Flexible Pouches, Wraps And Films, Bags And Sacks, Shrink Sleeves, Stand-Up Pouches
Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/food-packaging-and-processing-global-market-report
Where Is the Food Packaging And Processing Market Growth Most Prominent?
Asia-Pacific was the largest region in the food packaging and processing market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the food packaging and processing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Food Packaging And Processing Global Market Report?
- Market Size Analysis: Analyze the Food Packaging And Processing Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Food Packaging And Processing Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Food Packaging And Processing Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Food Packaging And Processing Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=19445"
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ"
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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