According to Market Study Report, Eco-friendly Food Packaging Market provides a comprehensive analysis of the Eco-friendly Food Packaging Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape and emerging opportunities of global industry. This report also provides market landscape,technological trends and market share information in the Eco-friendly Food Packaging Market. An exclusive data offered in this report is collected by research and industry experts team.
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The Global Eco-Friendly Food Packaging Market is estimated to be valued at USD 174.7 Billion in 2020 and is projected to reach USD 249.5 Billion by 2025, recording a CAGR of 7.4%, in terms of value. This report spread across 243 pages, profiling 20 companies and supported with 133 tables and 46 figures are now available in this research.
Top Companies Profiled in the Eco-friendly Food Packaging Market:
- Amcor (Australia)
- Mondi Group (Austria)
- Sealed Air Corporation (US)
- Ball Corporation (US)
- Tetra Pak (Sweden)
- Crown Holdings Inc. (US)
- BASF (Germanys)
- Huhtamaki Oyj (Finland)
- Westrock (US)
- Smurfit Kappa (Ireland)
- Sonoco Products Company (US)
- Evergreen packaging (US)
- Elopak (Norway)
- Winpak Ltd. (Canada)
- Berry Global (US)
- Printpak (US)
- Paperfoam (The Netherlands)
- Sustainable Packaging Industries (US)
- GWP (England)
- Swedbrand Groups (Hong Kong)
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“By material, the paper & paperboard segment accounted for the largest share in 2019.”
The paper & paperboard segment accounted for a major share in the global eco-friendly food packaging market in 2019. Packaging differs for the type of foods and beverages served. Paper & paper boards are the most preferred packaging in the food & beverage industry due to their degradable nature and recyclable property. Ready-to-eat, on-the-go, and frozen & fresh foods are nowadays served and transported in the paperboard packaging, which is due to the rise in environmental hazards.
“By application, the food segment is estimated to account for the largest share.”
Based on application, the eco-friendly food packaging market is segmented into food and beverages others . The food segment is further sub-segmented into bakery & confectionery, convenience food, meat, fish & poultry, fruits & vegetables, dairy products, and other food products. Furthermore, the beverages segment is further sub-segmented into alcoholic and non-alcoholic beverages segments. The food segment accounted for the larger share in 2019, acquiring approximately 70% of the overall market. Consumers seek convenience food solutions due to lack of time.
This report segments the eco-friendly food packaging market, on the basis of material, application, type, technique, and region. In terms of insights, this research report focuses on various levels of analyses—competitive landscape, pricing insights, end-use analysis, and company profiles—which together comprise and discuss the basic views on the emerging & high-growth segments of the eco-friendly food packaging market, high-growth regions, countries, industry trends, drivers, restraints, opportunities, and challenges.