Food Service Packaging Market Analysis, Market Share, Trends, Business Strategy and Forecast to 2027


Posted April 29, 2020 by karishma

The food service packaging market was valued at US$ 63,605.3 Mn in 2018 and is projected to be worth US$ 100,715.0 Mn by 2027, growing at a CAGR of 5.3% during the forecast period.
 
The food service packaging market was valued at US$ 63,605.3 Mn in 2018 and is projected to be worth US$ 100,715.0 Mn by 2027, growing at a CAGR of 5.3% during the forecast period.

Food service packaging includes products such as cans, bottles, jars, ampules, plastic pots, aerosol containers, and wraps, among others, to preserve food products from contamination for an extended period. It protects the food products from contamination caused by microorganisms, air, and moisture, and helps catalytic activity in fresh food. It plays an essential role in maintaining quality and keeping food safe during handling and transportation. Foodservice packaging offers a marketing medium to the food service providers and helps improve customer satisfaction levels as well as information transmission.

The market for global food service packaging is concentrated with some very well-established players. Some of the key players in the global food service packaging market include Amcor plc., Ball Corporation, Berry Global, Inc., Dow Inc., DS Smith PLC, Genpak LLC, Huhtamäki Oyj, Reynolds Group Holdings Limited , Sealed Air Corporation, WestRock Company, and among others.

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Packaging plays an essential role in maintaining quality and keeping food safe during handling and transportation. Food service packaging offers a marketing medium to the food service providers and helps improve customer satisfaction levels as well as information transmission. Food contact materials and food packaging are essential to provide consumers worldwide with safe and nutritious food. It protects the food products from contamination caused by microorganisms, air, and moisture, and helps catalytic activity in fresh food. The food service packaging market serves the food service industry, consisting of offline as well as online food service stores that are serving a huge number of people all over the world. Consumers in this era are adopting packaged food items, including RTE and RTC food products, confectionaries, and many more. Most of these products are packaged in plastic packs or a combination of paper & plastic packets, which is further influencing the market for food service packaging.

The report segments the global food service packaging market as follows:

Global Food Service Packaging Market - By Material
• Plastic
• Metal
• Others
Global Food service packaging Market - By Packaging Type
• Flexible
• Rigid
Global Food service packaging Market - By Application
• Beverages
• Prepared Meals
• Fruits and Vegetables
• Bakery and Confectionery
• Dairy Products
• Others
Global Food service packaging Market - By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o Russia
o France
o Germany
o Italy
o UK
o Rest of Europe
• Asia Pacific (APAC)
o China
o Australia
o India
o Japan
o South Korea
o Rest of Asia Pacific
• Middle East and Africa (MEA)
o Saudi Arabia
o South Africa
o UAE
o Rest of Middle East and Africa
• South America
o Argentina
o Brazil
o Rest of South America (SAM)
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Issued By Karishma
Country India
Categories Advertising , Agriculture , Blogging
Tags food service packaging market , food service packaging market growth , food service packaging market size
Last Updated April 29, 2020