The size of the global market for food grade bottles is anticipated to increase from US$ 3.0 billion in 2022 to US$ 4.6 billion by 2032, with overall sales increasing at a CAGR of 4.3% from 2022 to 2032. The growing use of food grade bottles in the pharmaceutical, chemical, and food & beverage industries is a major driver driving up sales internationally.
The top 3 nations are anticipated to control between 25 and 30 percent of the global market for food grade bottles by the end of 2022, as consumer spending is expected to rise.
By the end of 2022, the plastic sector, which now has around 48% of the global market share, is anticipated to be in the lead. Plastic is used because of its inexpensive cost, light weight, and chemical characteristics that can protect a variety of objects from outside influences.
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The global market for food grade bottles is predicted to experience a profitable growth outlook during the forecast period, creating an incremental growth opportunity of US$ 1.6 Billion by the end of 2032. This is due to the growing demand for chemical-free packaging in the food, beverage, and pharmaceutical industries.
Plastic, glass, metal, paper, and wood are all common materials used to create hard packaging for foods. Due to its reputation as being substantially safer than other packaging options and the absence of any risk of chemicals interacting with the final product, these bottles can be used to pack food items, mineral water, oil, pickles, juices, chemicals, and alcoholic and non-alcoholic beverages.
Key Companies Profiled:
- Berry Global Group
- Amcor plc
- O-I Glass, Inc.
- Graham Packaging Company
- Silgan Plastic
- Ardagh Group
- Vektropack
- Frapak Packaging
- Alpla Group
- Vetropack Holding Ltd.
- Pretium Packaging
- Hamilton Housewares Pvt. Ltd. (Milton)
- Frugalpac Ltd.
- PAPACKS SALES GmbH
- Paboco
Key Trends for food grade bottles market
The food grade bottles market is experiencing several key trends that are shaping the industry’s landscape. These trends reflect changing consumer preferences, sustainability concerns, and technological advancements. Here are some of the notable trends in the food grade bottles market:
- Sustainable Materials: Growing environmental consciousness is driving the demand for food grade bottles made from eco-friendly materials like recycled PET (rPET) and bioplastics. Brands are focusing on reducing plastic waste and carbon footprints.
- Lightweighting: Manufacturers are continuously working on lightweighting food grade bottles to reduce material usage and transportation costs while maintaining durability and functionality.
- Customization: Brands are using personalized and customized food grade bottles to create unique packaging experiences, enhance brand identity, and connect with consumers on a personal level.
- Tamper-Evident Packaging: Safety and security are paramount in the food and beverage industry. Tamper-evident features in food grade bottles ensure the integrity of the product, assuring consumers of its safety.
- Recyclability and Circular Economy: The emphasis on recyclability and creating a circular economy is driving innovation in food grade bottle design and material selection, with an aim to close the packaging loop.
- Smart Packaging: Integration of QR codes and augmented reality (AR) on food grade bottles for interactive consumer engagement, product information, and traceability.
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Food Grade Bottles Industry by Category
By Material:
- Plastic
- Glass
- Metal
- Others (Wood, Paper, etc.)
By Capacity:
- Less than 10 Oz
- 10 to 50 Oz
- More than 50 Oz
By End Use:
- Food
- Beverage
- Pharmaceuticals
- Chemicals
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Middle East & Africa (MEA)
- Oceania
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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