Chemical Planet

The global food container market size is expected to reach USD 346.99 billion by 2025, according to a new report by Grand View Research, Inc. Technological advancement in terms of new packaging materials capable of ensuring cold storage and enhancing shelf life to the finished food products is expected to have a positive impact. The rising importance of bio-plastics packaging in the food & beverage industry as a result of stringent regulations aimed at recycling in the manufacturing sector is projected to expand industry size over the next nine years. Furthermore, the buyers are expected to prefer flexible convenience packaging material over metal and glass counterparts owing to former’ light weight. Flexible packaging is expected to witness growth at a CAGR of 4.6% from 2016 to 2025. The growing importance of stand up pouch bags as packaging products in the food & beverage industry on account of being contaminant free and certified as safe by the FDA (Food and D

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