Sanitary Food & Beverage Packaging Market – Analysis, Outlook, Growth, Trends, Forecasts

ESOMAR-certified consulting firm Future Market Insights has recently published a report on the global sanitary food & beverage packaging market for the forecast period 2021-2031. As per the study, the market is poised to witness a strong CAGR throughout the forecast period, underpinned by increasing emphasis on food safety during the supply chain as well as mitigating environment impacts by reducing wastage.

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According to FMI’s analysis, the market posted significant gains in the historical period, registering a CAGR of nearly 5% until 2020. Heightening sustainability concerns associated with conventional packaging material uptake is largely fueling growth prospects. Statistics indicate that consumer packaging generates the maximum amount of plastic and paper waste, comprising about a fifth of all waste in landfills.

Hence, prominent food & beverage giants are looking to incorporate significant changes in their manufacturing processes. For instance, Alter Eco has partnered with Natureflex to manufacture a compostable wrapper made of eucalyptus and birch trees with microscope aluminum layers that maintain freshness of its chocolate truffles. Likewise, BOSS Foods’ compostable wrappers in collaboration with TIPA Corp helps achieve the same shelf life of a product as conventional plastic.

Key Takeaways from FMI’s Sanitary Food & Beverage Packaging Market Study

Paperboard sanitary food & beverage packaging to account for over a third of the revenue through 2021
By product type, milk & other beverage cartons are likely to account for around 25% of the revenue
US to emerge as the most lucrative sanitary F&B packaging market across North America, owing to stringent FDA guidelines
Explicit ingredient labelling requirements to majorly influence market demand in the UK
Germany to expand significantly in the sanitary F&B packaging market attributed to growing emphasis on bioplastics
Japan & China to emerge as highly significant markets within the Asian continent

“Mounting concerns about possible contamination by biotic components during the manufacturing process combined with a global drive to attain packaging sustainability are collectively driving demand for sanitary packaging materials,” says the FMI analyst.

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Competitive Landscape

FP Corporation, Chuo Kagaku Co. Ltd., Karatzis SA, Crown Holdings Inc., Ball Corporation, Silgan Containers, Kaira Can Company Limited, Canfab Packaging Inc. and Berlin Packaging LLC are some prominent sanitary food & beverage packaging manufacturers profiled by FMI’s report.

In April 2021, Ball Corporation announced that it plans to become a Proud Sustainability Partner of the Los Angeles Chargers. The partnership will include community engagement, increased use of aluminum beverage packaging and game day activations to improve recycling processes and education. The partnership aims to implement real-world solutions to the packaging waste crisis by increasing use of infinitely recyclable aluminum cans, cups and bottles.

With regard to product offerings, Canfab Packaging Inc. offers composite cans in diameters ranging from 1 9/16” to 5” to a maximum length of 38”, and wall thickness upto 1/16”. This wide range allows for numerous sizes, most of which do not require special tooling.

More Insights on the Global Sanitary Food & Beverage Packaging Market

In its latest report, FMI offers an unbiased analysis of the global sanitary food & beverage packaging market, providing historical data for the period of 2016-2020 and forecast statistics for the period of 2021-2031. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of packaging type (paperboard, rigid plastic, glass, flexible plastic, metal and other packaging types) and product type (milk & other beverage cartons, cups & liquid tight containers, folding food containers, boards & trays and other product types) across six major regions (North America, Latin America, Europe, Japan, APEJ and Middle East & Africa)

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Key Segments Covered

Packaging Type