The increased demand for ready-to-eat natural and organic food products that are very perishable encourage the packaging sector to develop innovative packaging equipment and food safety &hygiene solutions. Thus, the food packaging equipment market is primarily driven by hygienic food packaging. Food Packaging Equipment Market by Equipment Type, Application, and Distribution Channel: Global Opportunity Analysis and Industry …
Tag Archives: Food Packaging Equipment Market Size
Food Packaging Equipment Market Growth reach $33,148.2 million by 2031 | GEA Group, IMA Group, Ishida, Multivac, Inc
As per the report, the global food packaging equipment industry was accounted for $18.25 billion in 2021, and is expected to reach $33.14 billion by 2031, growing at a CAGR of 6.3% from 2022 to 2031. Drivers, restraints, and opportunities Rise in urbanization and increase in number of supermarket and hypermarkets have boosted the growth of the …
Food Packaging Equipment Market to reach $33,148.2 million by 2031, with a CAGR of 6.3%
According to a new report published by Allied Market Research, titled, “Food Packaging Equipment Market by Equipment Type, Application, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2022-2031,” The global food packaging equipment market size was valued at $16,901.0 million in 2020, and is projected to reach $33,148.2 million by 2031, registering a CAGR of …