Food Packaging Market Set to Reach USD D 565.13 Billion by 2030

According to Next Move Strategy Consulting, the global Food Packaging Market is predicted to reach USD 565.13 billion with a CAGR of 5.3% by 2030.

The food packaging industry includes the production, design, and distribution of packaging materials and solutions specifically tailored for the protection and presentation of food products throughout the supply chain.

The increasing preference for hygiene and sterile packaging solutions for food products, coupled with heightened efforts to preserve food quality through technology-driven packaging methods including modified atmospheric packaging (MAP), flatmap packaging, and vacuum atmospheric packaging, stands as the primary driver propelling growth in the food packaging market.

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