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Showing posts with the label Food Packaging industry

Food Packaging industry development demand overview industry growth rate top companies and key regions 2030

  Food Packaging Market Food packaging is a vital part of the supply chain of food manufacturers for attracting customers at supermarkets and malls. It is used in influencing the customer purchasing behavior and modeled after considerable research. The global food packaging market report by Market Research Future (MRFR) covers the latest trends and opportunities for the period of 2018 to 2023 (forecast period). It also contains the impact of the COVID-19 pandemic and the rise of sustainable packaging during this period. Market Scope The global Food Packaging Market is expected to grow at a CAGR of 4% during the forecast period. Visual appeal and convenience of packaging are two major drivers of the market. This is attributed to its transparency from glass shelves and counters when placed in supermarkets and grocery stores. The shift from rural to urban areas and advances in materials and food processing can drive the market. The COVID-19 pandemic has heightened the need for food s