Rising expenditure towards improving nutritional supplementation by gym professionals and athlete is expected to promote the usage of milk and whey ingredients in the formulation sports nutrition goods. The U.S. Food Container Market is projected to reach USD 51.92 billion by 2025, according to a new report conducted by Grand View Research, Inc.
In addition, product innovation in baby care products including infant milk formula by Unilever and Nestle in the U.S. is expected to upscale the requirements of containers as packaging medium for milk powder and whey ingredients over the forecast period.
Meat processed goods are projected to grow at a CAGR of 4.7% from 2016 to 2025. High prevalence of production sites of meat processing companies including Tyson Foods, JBF, Cargill and National Beef is projected to keep extensive market reach for packaging products over the next nine years.
Flexible packaging is expected to foresee revenue growth at a CAGR of 4.0% from 2016 to 2025. Shifting inclination from conventional glass and metal to lightweight polymers including polyethylene (PE) and polyvinyl diene chloride (PVC) as a raw material for packaging of food items is expected to be a favorable factor.
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Paperboard market was valued at USD 7.69 billion in 2015. The product is expected to foresee significant gains in packaging dry goods including chips, sausages, burgers and sandwiches.
Top Players of U.S. Food Container Market:
Key vendors include Berry Plastics, Bemis, Silgan Holdings, Amcor, Ball Corporation, Ardagh Group, Sealed Air Corporation, and Graham Packaging.
Market Segmentation of U.S. Food Container Market:
The U.S. Food Container Market segmented on the basis of Product and Application.
By Product:
Flexible Packaging
Paperboard
Rigid Packaging
Metal
Glass
By Application:
Grain Mill Products
Dairy Goods
Fruits & Vegetables
Bakery Products
Meat Processed Products
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