0 likes | 23 Views
Food Container Market was valued at US$ 295.18 billion in 2021 and is expected to reach over US$ 430.5 billion by 2030, poised to grow at a compound annual growth rate (CAGR) of 4.7% from 2021 to 2030.
E N D
Food Container Market Size, Share & Growth Analysis Report To 2030 Food Container Market was valued at US$ 295.18 billion in 2021 and is expected to reach over US$ 430.5 billion by 2030, poised to grow at a compound annual growth rate (CAGR) of 4.7% from 2021 to 2030. Food containers are mainly used for product preservation, storage and transportation to extend the shelf life of food. Food containers must be sturdy enough to prevent the contents of the package from spoiling or being damaged. Food containers come in a variety of materials and are used for a variety of purposes. Various materials such as plastic, metal, glass, and paper are processed and moulded into food containers. Some containers such as paper containers are ideal for biodegradable and compostable, making them suitable for recycling. Additionally, glass bottles are often suitable for refrigeration purposes and are suitable for heating in the microwave. Food containers help maintain the quality of food by allowing it to travel safely long distances from its source. The food container market is expected to be affected by increasing consumer awareness of environmental and sustainability issues related to food packaging. Moreover, the growing demand for perishable products such as dairy and meat that can be stored in environmentally friendly containers offers great potential for food containers market in the forecast period. As a result, eco-friendly food containers are driving the growth of the global food container market during the forecast period. Request Free Sample Copy of this Report@ https://wemarketresearch.com/reports/request- free-sample-pdf/food-container-market/838
Eco-Friendly Packaging Consumers prefer eco-friendly packaging, and manufacturers are developing recyclable containers that are resistant to friction, moisture and heat. Therefore, the demand for eco- containers is increasing among consumers. Consumers are attracted to stylishly designed containers that are efficient and require little maintenance. Glass storage containers normally have a plastic lid that keeps the food airtight, these containers are accessible in clear, frosted, and coloured glasses, they keep the food fresh for longer periods as compared with other food storage containers so the demand for glass container is increasing among the consumers. For example, glass jars usually have plastic lids that keep the food airtight. These jars come in clear, frosted, and coloured jars and keep food fresh longer compared to other food jars. Thus, the demand for glass container is increasing among the consumers. Packaged Food Sector Furthermore, the growth of packaged food as one of the most profitable sectors of the global food and beverage business has brought massive advancements across the food container market. The ever-increasing diversity of product types available in the market and the ever-expanding range of applications offer significant growth potential for the companies in the food container market. Frozen foods, ready-to-eat foods, snack foods, mixes, and desserts are examples of packaged foods. Manufacturers are likely to increase their production capacity in response to the increasing demand for these products, which will boost the demand for food containers during the forecast period. Therefore, small packages of flour, cooking oils and ready-to-eat foods are expected to present significant growth opportunities for the industry in the coming years. According to the Flexible Packaging Association beta report, the flexible packaging industry generated $33.6 billion in revenue in the United States in 2019. Additionally, flexible packaging is second largest packaging sector in the United States, accounting for approximately 19% of the $177 billion US packaging market. Secure a copy of the premium research report@ https://wemarketresearch.com/purchase/food-container-market/838?license=single Key Players
•Amcor plc • Anchor Glass Container Corporation • Ardagh Group • Ball Corporation • Bemis Company Inc. • Berry Plastics Corporation • Constar International UK Ltd. • Crown • Graham Packaging Company, Inc. • Plastipak Holdings Inc. • PRINTPACK • Silgan Holdings, Inc. • Sonoco Products Company • Tetra Pak • Weener Plastics • Other Players Segments By Material • Plastic • Metal • Glass • Others By Product Type • Bottles & Jars • Cans • Cups & Tubs • Boxes • Others By Packaging Type • Rigid • Flexible By Application • Grain Mill Products • Dairy Goods
• Fruits & Vegetables • Bakery Products • Meat Processed Products • Other By End Users • Hotels, Restaurants & Cafes • Retail Food Chains • Cinemas • Institutional • Canteens • Others About We Market Research: WE MARKET RESEARCH is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep-rooted market studies and insightful analysis of different markets. Contact Us: We Market Research Phone: +1(650)-666-4592 Email: sales@wemarketresearch.com Web: https://wemarketresearch.com/