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Global Green Food Packaging Market – Industry Trends and Forecast to 2029

  • Food & Beverage
  • Upcoming Report
  • Aug 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Green Food Packaging Market By Packaging Type (Recycled Content, Reusable Packaging, Degradable Packaging), Material (Glass, Paper & Paperboard, Plastic, Metal), Application (Bakery, Confectionery, Convenience foods, Dairy Products, Fruits and Vegetables, Sauces, Dressing and Condiments, Others), Type (Bottles, Cans, Pouches, Boxes) – Industry Trends and Forecast to 2029.

Global Green Food Packaging Market

Green Food Packaging Market Analysis and Size

Concerns about the environmental impact of the plastic continue to grow in the food and beverage industry, prompting several companies to use recycled plastic. When it comes to purchasing products, modern consumers are increasingly concerned with issues such as sustainability, the environment, ethics, safety, quality, and product costs. A number of these issues are also enforced by sustainable packaging regulations, which is expected to benefit the global green packaging market.

Data Bridge Market Research analyses that the green food packaging market which was growing at a value of 311.7 billion in 2021 and is expected to reach the value of USD 692.84 billion by 2029, at a CAGR of 10.50% during the forecast period.

Market Definition

Green packaging, also known as sustainable packaging, is a type of packaging that uses environmentally friendly materials and manufacturing processes. It uses plant-based plastics, recycled packaging materials, and biodegradable products to make a variety of products. Aside from that, green packaging entails the use of renewable energy sources in transportation, such as biofuels, wind, and solar. The combination of all of these processes helps to reduce carbon footprints while also creating environmental balance. As a result, many manufacturers are shifting away from traditional synthetic packaging towards more sustainable alternatives.

Green Food Packaging Market Scope and Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Packaging Type (Recycled Content, Reusable Packaging, Degradable Packaging), Material (Glass, Paper & Paperboard, Plastic, Metal), Application (Bakery, Confectionery, Convenience foods, Dairy Products, Fruits and Vegetables, Sauces, Dressing and Condiments, Others), Type (Bottles, Cans, Pouches, Boxes)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Bayer AG (Germany), H.C. Starck GmbH (Germany), AGC SEIMI CHEMICAL CO., LTD. (Japan), BASF SE (Germany), DuPont (US), Merck & Co., Inc. (US), Evonik Industries AG (Germany), Sumitomo Chemical Co., Ltd. (Japan), Heliatek GmbH (Germany), Novaled GmbH. (Germany), AU Optronics Corp., (Taiwan), Graphic Packaging International, LLC (US), WestRock Company. (US), Smurfit Kappa (Irenland), Krones AG (Germany), Amcor plc (Switzerland), Graham Packaging Company. (US), Sonoco Products Company (US), Parker Hannifin Corp. (US) and Berry Global Inc. (US)

Opportunities

  • Innovative products such as edible packaging and water-soluble packaging are fuelling the market for eco-friendly food packaging
  • Rising health awareness as well as shift to healthy products
  • Stringent government regulations, packaging industry downsizing, and technological advancements

Green Food Packaging Market Dynamics

Drivers

  • Rising adoption of sustainable packaging to reduce carbon footprints

Due to the growing environmental concerns, green packaging has gained traction in the majority of countries. Rising transportation and energy costs are also contributing to the market's expansion. Furthermore, negative consumer perceptions of conventional packaging and government pressure to shift toward eco-friendly materials have fuelled market growth. Several brands have recently implemented green packaging solutions to reduce their carbon footprint.

 Growing demand in various applications

Due to their inherent advantages, such as quality control, durability, hygiene, and preservation, these systems are widely used in various applications, including bakery and confectionery, meat, seafood, poultry, dairy, and grains. The product is becoming more widely used in end-use industries, particularly in Asia Pacific, where rising domestic manufacturing and consumer income levels are driving innovation in this sector.

Opportunity

Stringent government regulations, packaging industry downsizing, and technological advancements in the packaging industry for the production of packaging using non-petroleum products are driving the market for eco-friendly food packaging. Additionally, innovative products such as edible packaging and water-soluble packaging are fuelling the market for eco-friendly food packaging.

Restraints

High production costs and fluctuating raw material prices will restrain the growth of the global green food packaging market. Lockdowns imposed as a result of the COVID-19 pandemic have shut down operations across economies, causing significant market restraint.

This green food packaging market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the green food packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Green Food Packaging Market

As the COVID-19 outbreak became a pandemic, attention shifted away from sustainability and toward the virus and its global impact. Plastic waste has also increased as a result of the pandemic. According to Forbes, much of the public's personal protective equipment (PPE) is discarded carelessly. The opposition to single-use plastic bans has increased demand for bottled water, plastic bags, disposable wipes, and hand sanitizers.

Recent Development

  • Amcor Ltd, in collaboration with 35 leading consumer goods companies, announced measures to significantly reduce plastic waste in December 2020. Amcor and its coalition partners, with a combined turnover of 1 trillion euros, will enforce two new design rules to deliver packaging that is easier and more cost-effective to recycle.
  • Ball Corporation announced the five aluminium packaging plants with the most significant operational and social sustainability improvements, including progress across the areas with the most significant sustainability impact across operations, promotion of aluminium packaging sustainability credentials, and engagement in their local communities, in April 2020.

Global Green Food Packaging Market Scope

The green food packaging market is segmented on the basis packaging type, material, application and type. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Recycled Content
  • Reusable Packaging
  • Degradable Packaging

Application

  • Bakery
  • Confectionery
  • Convenience foods
  • Dairy Products
  • Fruits and Vegetables
  • Sauces
  • Dressing and Condiments
  • Others

Material

  • Glass
  • Paper
  • Paperboard
  • Plastic
  • Metal

Packaging type

  • Bottles
  • Cans
  • Pouches
  • Boxes

Green Food Packaging Market Regional Analysis/Insights

The green food packaging market is analysed and market size insights and trends are provided by country, packaging type, material, application and type as referenced above.

The countries covered in the green food packaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

The Asia Pacific market is expected to grow the fastest, owing to rising demand for convenience foods due to consumers' hectic lifestyles. As a result of urbanisation, hectic lifestyles, and high disposable income, there is an increase in consumption of on-the-go and ready-to-eat breakfast meals. The eco-friendly food packaging industry is expanding as a result of stringent laws and regulations imposed by governments and regulatory bodies, as well as a shift in consumer preferences toward recyclable and eco-friendly packaging materials. Aside from these factors, packaging downsizing and breakthroughs in new technologies are also driving the global market.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Green Food Packaging Market Share Analysis

The green food packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to green food packaging market.

Some of the major players operating in the green food packaging market are:

  • Bayer AG (Germany)
  • H.C. Starck GmbH (Germany)
  • AGC SEIMI CHEMICAL CO., LTD. (Japan)
  • BASF SE (Germany)
  • DuPont (US)
  • Merck & Co., Inc. (US)
  • Evonik Industries AG (Germany)
  • Sumitomo Chemical Co., Ltd. (Japan)
  • Heliatek GmbH (Germany)
  • Novaled GmbH. (Germany)
  • AU Optronics Corp., (Taiwan)
  • Graphic Packaging International, LLC (US)
  • WestRock Company. (US)
  • Smurfit Kappa (Irenland)
  • Krones AG (Germany)
  • Amcor plc (Switzerland)
  • Graham Packaging Company. (US)
  • Sonoco Products Company (US)
  • Parker Hannifin Corp. (US)
  • Berry Global Inc. (US)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

The Green Food Packaging Market value is expected USD 692.84 billion by 2029.
The Green Food Packaging Market is expected to grow at a rate of market is 10.50% during the forecast period of 2022 to 2029.
The major players operating in the Green Food Packaging Market are Bayer AG (Germany), H.C. Starck GmbH (Germany), AGC SEIMI CHEMICAL CO., LTD. (Japan), BASF SE (Germany), DuPont (US), Merck & Co., Inc. (US), Evonik Industries AG (Germany), Sumitomo Chemical Co., Ltd. (Japan), Heliatek GmbH (Germany), Novaled GmbH. (Germany), AU Optronics Corp., (Taiwan), Graphic Packaging International, LLC (US), WestRock Company. (US), Smurfit Kappa (Irenland), Krones AG (Germany), Amcor plc (Switzerland), Graham Packaging Company. (US), Sonoco Products Company (US), Parker Hannifin Corp. (US) and Berry Global Inc. (US).
The major countries covered in the Green Food Packaging Market are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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