Packaged Food Market Projected to Surpass USD 62 Trillion by 2033, Driven by Transparency and Innovative Packaging Solutions

Packaged Food Market The global packaged food market size is projected to reach a valuation of US$ 62.11 trillion by 2033, with an anticipated compound annual growth rate (CAGR) of 4.3% through the same period, starting from its 2023 valuation of US$ 40.79 trillion. Transparency in manufacturing processes and prioritization of labeling are becoming essential for packaged …

Packaged Food Market Competitive landscape, Segmentation, Manufacturers and Forecast Till 2032

The packaged food market is expected to witness growth at a CAGR of 5.3% and reach a valuation of US$ 5,200 Bn by 2032, as per Future Market Insights (FMI). Growing preference for brands that follow sustainable practices such as recyclable packaging, low carbon footprint, non-GMO certification is boosting the market. Organizations that are transparent about the …