Sanitary Food And Beverage Packaging Market

Sanitary Food and Beverage Packaging Market: Increasing Emphasis on F&B Safety Driving Growth: Global Industry Analysis (2012 - 2016) and Opportunity Assessment (2017 - 2022)

  • REP-GB-5147
  • 2017-10-05
  • 170 Pages
  • Format: pdf
  • Category: Packaging

Increasing emphasis on maintaining hygiene and cleanliness through the entire supply chain has necessitated the demand for highly effective sanitary packaging of food and beverages. The global sanitary food and beverage packaging market continues to be driven by growing consumer focus on the hygiene aspect of the food they consume. According to a latest research by Future Market Insights (FMI), the global sanitary food and beverage packaging market is likely to grow at 5.8% CAGR through 2022. The market grew at 4.6% CAGR during the period 2012-2016.

Government Regulations & Consumer Preference Driving Adoption

Focus on sanitary packaging of food and beverages has gained traction, especially since the U.S. FDA published its latest FSMA rule. The new guidelines focus on preventing food contamination during the transportation of food from one place to another. Manufacturers have also been influenced by evolving consumer preferences to invest in making their products safe and hygienic. A combination of government regulations and evolving consumer demand is likely to boost the growth of global sanitary food and beverage packaging market.

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Paperboard Accounts for Significant Market Share

Manufacturers currently use a range of packaging materials for ensuring their end-products remain hygienic till a long time. The key packaging materials include paperboard, rigid plastic, glass, flexible plastic, metal, and other materials. According to Future Market Insights, the paperboard segment is likely to grow at a CAGR of 6.4% during the forecast period 2017-2022, and surpass US$ 3 bn in revenues. Easy availability and affordability are the key factors driving the demand for paperboard among end-use industries.

By product type, cups & liquid tight containers remain the most lucrative segment globally. However, growth of this segment is likely to remain low on account of growing applications in milk & other beverage cartons. The milk & other beverage cartons segment is likely to grow at nearly 5% CAGR through 2022 – this is the highest CAGR among all the product types.

N. America and APEJ Lucrative Markets

On the basis of region, APEJ is likely to remain the most lucrative, with surging demand from China and India offering sustained growth opportunities to manufacturers. According to Future Market Insights’ analysis, the growth of sanitary food and beverage packaging market in APEJ is likely to be driven by increasing demand from end-users. The two key factors which have changed the status quo in APEJ include increasing urbanization and rise in the disposable income among consumers. As consumer awareness has increased, manufacturers have been forced to invest in food safety. In terms of revenue, APEJ will continue to be the leading market for sanitary food and beverage packaging market.

The market in North America is driven by increasing regulation on part of the FDA. As manufacturers focus on compliance, demand for advanced packaging materials is likely to increase. The North America sanitary food and beverage packaging market is likely to grow at a CAGR of over 7% to reach nearly US$ 2 bn in revenues by 2022.

The leading players profiled in the report include FP Corporation, Chuo Kagaku Co., Ltd., Karatzis S.A., Crown Holdings, Inc., Ball Corporation, Silgan Containers, LLC, Kaira Can Company Limited, and Canfab Packaging Inc. Focus on advanced packaging technologies and consolidating their position in APEJ remain the key focus areas of these companies.

An insightful report titled “Sanitary Food and Beverage Packaging Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2022)” has been added to the vast repository of Future Market Insights. The report offers valuable information on the key forces at play in the global sanitary food and beverage packaging market. Analysis on market drivers, restraints, opportunities, and challenges is offered to readers in a lucid and seamless format.

The report analyzes the global sanitary food and beverage packaging market in detail, offering valuable information and recommendation to key players in this market. The report also offers a detailed profiling on the key players operating in the global market.

Report Synopsis

The report on the sanitary food and beverage packaging market offers readers an overview on the historical data and future projections. The report begins with an executive summary which gives readers an overview of the entire market. A brief definition and introduction of the report is also offered in the beginning.

The executive summary also offers information on the most attractive markets, and those segments which are likely to witness the highest growth during the forecast period. Valuable insights pertaining to pricing analysis, product life cycle, and cost structure is also offered in the report.

Market Taxonomy

To offer detailed analysis on the market, the report offers segmentation on the basis of packaging type and product type. Comparisons by year-on-year and market share are also offered to readers, to give readers detailed overview on the market. The report also includes specific chapters dedicated to regional and country-wise analysis. The key regions covered in the report include North America, APEJ, Latin America, Japan, Middle East & Africa (MEA), and Europe. The market performance in leading countries in these regions is also analyzed.

Region

Packaging Type

Product Type

  • North America

  • Paperboard

  • Milk and Other Beverage Cartons

  • Latin America

  • Rigid Plastic

  • Cups and Liquid Tight Containers

  • Europe

  • Glass

  • Folding Food Containers

  • Japan

  • Flexible Plastic

  • Boards and Trays

  • APEJ

  • Metal

  • Other Product Types

  • MEA

  • Other Packaging Types

 

Competition Landscape

The report’s concluding section offer a complete overview on the key players operating in the market. The key information offered to readers includes an overview of the company, key strategic developments, and SWOT analysis. This section of the report is particularly significant, as it gives readers insights into how players in the market are adapting to the ever-evolving trends and developments. This section of the report is one of the most important, as readers get credible information on the competitive scenario of the market.

Research Methodology

The experts at Future Market Insights bank of an exhaustive analysis to bring to fore intelligence that aids in strategic decision-making. A combination of rigorous primary and secondary research ensures that every report from Future Market Insights is accurate and unbiased. The creation of every report involves detailed feedback from thought leaders and industry stakeholders. Company profiling is carried out by after referring to databases, investor releases, and media releases. Future Market Insights’ robust methodology helps in creation of reports of the highest quality.