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The food packaging market size is forecast to increase by USD 75.3 billion at a CAGR of 3.98% between 2023 and 2028. The market is experiencing significant growth due to the increasing importance of food safety and preservation, driving the demand for packaging. Counterfeit food products pose a significant threat to consumer health and trust, making the prevention of food fraud a key driver for market expansion. Additionally, the need to minimize food wastage through effective packaging solutions such as beverage packaging is another crucial factor fueling market growth. Recent advancements in food packaging technology, such as the integration of smart labels and active packaging, are further enhancing the market potential. The food packaging industry is witnessing significant growth, driven by increasing food packaging demand. Innovative food packaging solutions are emerging as key factors in this expansion, contributing to the overall food packaging industry growth and meeting evolving consumer needs. Overall, the market is poised for continued growth as it addresses the critical issues of food authenticity, preservation, and sustainability. Our report examines historic data from 2018 - 2022, besides analyzing the current market scenario.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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