Milk Packaging Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2031


Posted July 13, 2024 by mansi3210

Milk packaging market is projected to grow at a CAGR of over 4% during the forecast period.

 
Milk packaging market is projected to grow at a CAGR of over 4% during the forecast period. Milk is one of the highest consumed dairy products across the globe and is the most complex in storing for a long period of time owing to its moisture and other mineral contents. Packaging methods of the dairy industry are progressively changing in order to meet the requirements of consumers and the rest of the food industry. Novel concepts of dairy packaging encompass numerous possibilities that enable protection, as well as the prolongation of shelf life and enhancement of functional properties of products. The increased demand for milk owing to the health benefits it offers is likely to drive the overall growth of the market over the forecast period.

As per the Food and Agriculture Organization (FAO), the overall milk production is projected to increase more than 180 million metric tons by 2025. The shift of consumer preferences towards dairy products owing to frequently changing lifestyles is also driving the growth of the market. For the packaging of dairy products including milk, the popular brands have also shifted towards the modern way of packaging. This includes edible packaging, biodegradable packaging, antimicrobial packaging, as well as smart and active packaging. Thus, this is likely to drive the growth of the market over the forecast period.

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Market Coverage

Market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
, and others

Milk Packaging Market Segmentation

By Material

Plastic
Paper & Paperboard
Others

Milk Packaging Market by Packaging Type

Rigid Packaging
Flexible Packaging

A full report of Milk Packaging Market available @ https://www.omrglobal.com/industry-reports/milk-packaging-market

Milk Packaging Market by regional analysis

North America 

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Company Profiles

Altium Packaging
Amcor PLC
Ardagh Group
Ball Corp.
CKS Packaging Inc.
Clondalkin Group Holdings
Crown Holdings Inc.
Elopak AS
Evergreen Packaging LLC
Graham Packaging Co.
INDEVCO Group
Mondi Group
SIG Combibloc Group Ltd.
Stanpac Inc.
Stora Enso Oyj
Tetra Pak International SA

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/milk-packaging-market

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Issued By MANSI
Phone +91 7803040404
Business Address Indore, india
Country India
Categories Business , Food , Manufacturing
Last Updated July 13, 2024