Global Food and Beverage Packaging
Market Report
2024
Food and Beverage Packaging market size is USD XX million in 2024 and will expand at a compound annual growth rate (CAGR) of 5.30% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Food and Beverage Packaging market size is USD XX million in 2024 and will expand at a compound annual growth rate (CAGR) of 5.30% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Food and Beverage Packaging Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.3% |
North America Food and Beverage Packaging Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.5% |
Europe Food and Beverage Packaging Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.8% |
Asia Pacific Food and Beverage Packaging Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.3% |
South America Food and Beverage Packaging Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.7% |
Middle East and Africa Food and Beverage Packaging Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5% |
Market Split by Type |
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Market Split by Application |
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Market Split by Technology |
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Market Split by Equipment |
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Market Split by Packaging Type |
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Market Split by Material |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Food and Beverage Packaging Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The materials and containers used to safeguard, preserve, store, and transport food and drink items are referred to as food and beverage packaging. These packagings have several functions, such as preserving the contents' quality and freshness, guarding against contamination, giving customers information (such nutritional values and expiration dates), and improving the product's aesthetic appeal. Food and beverage packaging is available in a variety of formats, including jars, boxes, bags, and wrappers, in addition to bottles, cans, cartons, and pouches. The type of product, its shelf life, storage needs, transportation considerations, and consumer preferences are some of the variables that influence the packaging choice. The Food and Beverage Packaging market is mainly driven by several factors including rising collaboration, growing emphasis on sustainable and eco-friendly products, growing government initiatives and others.
Food and beverage packaging sales have been greatly impacted by the global trend toward better living and growing public knowledge of the health effects of beverage choices. Drinks with less sugar, natural ingredients, and health benefits are what people who care about their health are looking for. The popularity of packaged water, organic fruit juices, herbal teas, and functional beverages has increased as a result of this trend. The freshness and nutritional content of these items are greatly enhanced by the beverage packaging. Aseptic packaging is one of the more well-liked innovative packaging technologies. It preserves liquids without the use of preservatives. In addition, product designers frequently emphasize health-related details like calorie counts and nutritional labels in order to appeal to customers who are concerned about their health.
The growing product launches is expected to drive the market growth during the forecast period. For instance, in February 2023, Pactiv Evergreen, a top producer of fresh food and beverage packaging in North America, partnered with AmSty, a top producer of polystyrene in the country and a pioneer in the circular recycling of polystyrene, to assist large food brands in meeting significant sustainability targets. Pactiv Evergreen will soon provide customers with cutting-edge foam polystyrene packaging goods that use recycled post-consumer material from AmSty, which is sourced from cutting-edge recycling technology.
Restraint Factor for the Food and Beverage Packaging Market
One of the main obstacles impeding the market's growth is the growing opposition to the usage of plastic bottles. It could take more than 800 years for plastic bottles to break down in a landfill. Due to the significant impact PET bottles have on the global environmental pollution issue, numerous governments, organizations, and agencies have outlawed the use of plastics. Numerous nations have already outlawed or taxed the use of plastic bags, including Australia and Kenya. For example, the Tamil Nadu government in India issued a notice in June 2020 outlawing the use of plastic for food and drink packaging, effective immediately.
Impact of Covid-19 on the Food and Beverage Packaging Market
The pandemic positively influenced the market growth in COVID-19 era. Due to worries about food safety and cleanliness, the pandemic has changed consumer behavior, which has resulted in a rise in the demand for packaged food and beverages. Demand for package formats that are portable and convenient has increased as a result of consumer preferences for products with extended shelf lives and individual packaging. In addition, there has been a spike in internet buying, notably for food and groceries, as a result of lockdowns and other social distancing measures. As a result, there is now a greater need for e-commerce-appropriate packaging options, such as durable, protective packing materials that can survive handling and transportation.
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The competitive landscape of the Food and Beverage Packaging market is characterized by a diverse range of players competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts.
In April 2023, at interpack 2023, Biotec showcased its Bioplast 700 and Bioplast 800 grades, which are intended for use in food-grade films and thermoforming applications. Transparent films, which are useful for packaging food and other items where visibility is crucial, will be offered by Bioplast 700. It appears that the material's shrinking qualities allow it to take on the shape of the object while shielding it from impurities like dust and moisture. Trays and cups, as well as other thermoformed packaging, are made with Bioplast 800. It is reportedly possible for converters to create heat-stable compostable products without altering their hardware because the thermoforming technique does not require the use of a heated mold to give resistance against boiling water.
Top Companies Market Share in Food and Beverage Packaging Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. North American consumers are placing a greater emphasis on health and wellbeing, which has raised demand for packaging that promotes portion management, spotlights natural and organic products, and conveys nutritional information. There is also a demand for packaging improvements that maintain the freshness of the food and increase its shelf life without using preservatives.
Asia-Pacific stands out as the fastest-growing region in the Food and Beverage Packaging market. There is a tremendous rise in urbanization and population growth in the Asia Pacific area. This has led to an increase in the demand for packaged foods and drinks, especially in cities where people are looking for quick and convenient solutions.
The current report Scope analyzes Food and Beverage Packaging Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
According to Cognitive Market Research, the global Food and Beverage Packaging market size was estimated at USD XX Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.5% from 2024 to 2031. In North America, the Food and Beverage Packaging market exhibits a promising landscape characterized by increasing government initiatives and e-commerce growth. Regional analysis reveals that the United States and Canada are the primary contributors to market growth, driven by technological advancements and increasing investment. Segmentation analysis further highlights Pouches and Bags, Bottles and Jars, Trays and Containers, Films and Wraps, Others growth at a rapid rate in the region, due to the rising investments. In conclusion, North America presents a lucrative market opportunity for Food and Beverage Packaging manufacturers, driven by growing product launch, increasing investment and increasing government initiatives.
According to Cognitive Market Research, the global Food and Beverage Packaging market size was estimated at USD XX Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.8% from 2024 to 2031. In Europe, the Food and Beverage Packaging market presents a dynamic landscape characterized by technological advancements and growing recycling campaign. Regional analysis indicates that countries like Germany, the UK, and Russia are the key contributors to market growth, driven by factors such as a strong economy, increasing investments, and growing product launch. Segmentation analysis further highlights the adoption of different categories in the region, with plastic is the dominant categories. In conclusion, Europe represents a lucrative market for Food and Beverage Packaging manufacturers, driven by rising investment and rising product launch.
According to Cognitive Market Research, the global Food and Beverage Packaging market size was estimated at USD XX Million out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2031. In the Asia Pacific region, the Food and Beverage Packaging market exhibits robust growth prospects driven by rapid urbanization and growing product launch. Regional analysis indicates that countries such as China, Japan, South Korea, and India are key contributors to market expansion, with growing investment and increasing product launches. Segmentation analysis reveals a diverse range of type such as Pouches and Bags, Bottles and Jars, Trays and Containers, Films and Wraps, Others to cater to different consumer bases. In conclusion, the Asia Pacific region presents immense growth opportunities for Food and Beverage Packaging manufacturers, fueled by rising product launches, growing urbanization and rising investment.
According to Cognitive Market Research, the global Food and Beverage Packaging market size was estimated at USD XX Million out of which the Latin America market is more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031. In Latin America, the Food and Beverage Packaging market showcases promising growth prospects driven by rising product launches. Regional analysis indicates that countries like Brazil, Mexico, Argentina, and Chile are significant contributors to market growth, supported by growing investment. Segmentation analysis reveals a diverse range of type including Pouches and Bags, Bottles and Jars, Trays and Containers, Films and Wraps, Others. In conclusion, Latin America presents significant growth opportunities for Food and Beverage Packaging manufacturers, driven by favourable market conditions and increasing investment.
According to Cognitive Market Research, the global Food and Beverage Packaging market size was estimated at USD XX Million out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.0% from 2024 to 2031. MEA the Food and Beverage Packaging market showcases promising growth prospects driven by factors such as rising product launch and increasing investment. Segmentation analysis reveals a diverse range of type of Food and Beverage Packaging in Middle East and Africa, including Pouches and Bags, Bottles and Jars, Trays and Containers, Films and Wraps, Others. In conclusion, Middle East and Africa presents significant growth opportunities for Food and Beverage Packaging manufacturers, driven by favourable market conditions and growing innovative product launch.
Global Food and Beverage Packaging Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Food and Beverage Packaging Industry growth. Food and Beverage Packaging market has been segmented with the help of its Type, Application Technology, and others. Food and Beverage Packaging market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, Pouches and Bags type stands out as the dominating category. Due to its portability and ease of use, pouches and bags are a popular option for consuming food and beverages while on the road. Customers value pouches and bags' small size and light weight since it makes eating and traveling easier and eliminates the need for extra utensils.
Bottles and Jars type emerges as the fastest-growing category in the Food and Beverage Packaging market. Many food and drink items, including as beverages (such as water, juices, soft drinks, and alcoholic beverages), sauces, condiments, jams, pickles, oils, and spreads, can be packaged in bottles or jars. In the market for food and beverage packaging, their adaptability makes them vital.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Food and Beverage Packaging Industry. Request a Free Sample PDF!
According to Cognitive Market Research, the dominating category is Bakery Products. Packaging that maintains freshness and increases shelf life is necessary for bakery goods like bread, pastries, cakes, and cookies. Bakery goods' quality and texture are preserved, allowing them to stay fresh for extended periods of time, through the use of packaging materials having barrier qualities that guard against moisture, air, and light.
The fastest-growing category in the Food and Beverage Packaging market is Convenience Foods. The segment expansion is attributed to the growing urbanization and increasing number of working population.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Food and Beverage Packaging market report 2024 Edition by contacting our team.
According to Cognitive Market Research, the dominating category is controlled. By regulating the amounts of oxygen, carbon dioxide, and other gases inside the container, controlled environment packaging aims to increase the shelf life of food and drink items. CAP and MAP eliminate spoilage, maintain product quality, and reduce food waste by altering the environment to produce ideal conditions for product preservation.
The fastest-growing category in the Food and Beverage Packaging market is Biodegradable. The segment expansion is attributed to the growing awareness about environment and increasing initiative by the governments.
According to Cognitive Market Research, the dominating category is Form-Fill-Seal. FFS packaging provides automated, high-speed packaging solutions that are economical and productive. Compared to conventional packaging techniques, FFS machines eliminate packaging waste, boost production throughput, and lower labor costs by combining the forming, filling, and sealing processes into a single continuous operation.
The fastest-growing category in the Food and Beverage Packaging market is Labelling and Coding. Product traceability along the whole supply chain is made possible by labeling and coding technology, which let producers monitor the flow of goods from manufacturing to distribution to store shelves. This promotes quality assurance, adherence to industry standards, and food safety. Anti-counterfeiting procedures and product authentication are further supported by advanced coding systems including barcodes, RFID tags, and QR codes.
According to Cognitive Market Research, the dominating category is semi-rigid. A vast variety of food and beverage products, such as fresh produce, deli items, snacks, confections, dairy products, and ready-to-eat meals, are packaged in semi-rigid forms. Owing to its adaptability, it can be used to package products that need to be protected against crushing or deformation, as well as products that are semi-solid.
The fastest-growing category in the Food and Beverage Packaging market is Flexible. Flexible packaging offers consumers convenience in storage, transportation, and consumption because it is lightweight, portable, and easy to handle. For consumption while on the go, features including portion-controlled packaging, tear-away tops, and resealable closures increase convenience and prolong product freshness.
According to Cognitive Market Research, the dominating category is plastic. Barrier qualities are frequently found in plastic packaging materials, which shield food and drink items from light, moisture, oxygen, and other environmental elements that may have an impact on shelf life and product quality. In addition to increasing product shelf life and decreasing food waste, barrier films, coatings, and laminates help maintain the freshness, flavor, and scent of products.
The fastest-growing category in the Food and Beverage Packaging market is Paper-based. The segment expansion is attributed to the rising concern about the environment and growing investment on paper-based packaging.
Research Analyst at Cognitive Market Research
I am a well-organized, conscientious, and professional Research Analyst with two plus years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.
Nisha Deore is a highly skilled Research Analyst with over three years of experience specializing in the agriculture and food & beverage sectors. Her expertise encompasses secondary research, data mining, competitive analysis, and the development of detailed collateral and PR materials. Known for her meticulous approach, Nisha designs robust research methodologies and delivers actionable insights that support her organization’s commercial and financial objectives.
In her current role, Nisha manages research for both the agriculture and food & beverage categories, leading initiatives to uncover market opportunities and enhance competitive positioning. Her strong analytical skills and ability to provide clear, impactful findings have been crucial to her team’s success. With a deep passion for both sectors and a commitment to continuous professional development, Nisha remains an invaluable asset in the dynamic landscape of market research.
Disclaimer:
Type | Pouches and Bags, Bottles and Jars, Trays and Containers, Films and Wraps, Others |
Application | Dairy and Dairy Products, Bakery Products, Confectionery Products, Poultry, Seafood and Meat Products, Convenience Foods, Fruits and Vegetables, Others |
Technology | Controlled, Active, Intelligent, Aseptic, Biodegradable, Others |
Equipment | Form-Fill-Seal, Filling and Dosing, Cartooning, Case packaging, Wrapping and Bundling, Labelling and Coding, Inspecting, Detecting, Check weighing machines, Others |
Packaging Type | Rigid, Semi-rigid, Flexible |
Material | Paper-based, Plastic, Metal, Glass, Others |
List of Competitors | Tera Pak, Ball, Parksons Packaging, Crown Packaging, Amcor, Ampac, Bischof +Klein, Cellpack Packaging, Britton, Clondalkin, Constantia Flexibles, Flextrus, Huhtamaki, Mondi, Sealed Air |
This chapter will help you gain GLOBAL Market Analysis of Food and Beverage Packaging. Further deep in this chapter, you will be able to review Global Food and Beverage Packaging Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Food and Beverage Packaging Market Trends North America Food and Beverage Packaging Technological Road Map North America Food and Beverage Packaging Market Drivers North America Food and Beverage Packaging Market Restraints North America Food and Beverage Packaging Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
You can purchase only the Executive Summary South America Market (2019 vs 2024 vs 2031)
Chapter 6 Middle East and Africa Market Analysis
You can purchase only the Executive Summary Middle East and Africa Market (2019 vs 2024 vs 2031)
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by Technology Analysis 2019 -2031
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Chapter 13 Market Split by Equipment Analysis 2019 -2031
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Chapter 14 Market Split by Packaging Type Analysis 2019 -2031
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Chapter 15 Market Split by Material Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Food and Beverage Packaging market
Chapter 16 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Pouches and Bags have a significant impact on Food and Beverage Packaging market? |
What are the key factors affecting the Pouches and Bags and Bottles and Jars of Food and Beverage Packaging Market? |
What is the CAGR/Growth Rate of Dairy and Dairy Products during the forecast period? |
By type, which segment accounted for largest share of the global Food and Beverage Packaging Market? |
Which region is expected to dominate the global Food and Beverage Packaging Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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