DUBLIN, May 6, 2021 /PRNewswire/ — The “Food Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering.
The global food packaging market reached a value of US$ 311.4 Billion in 2020. Food packaging plays a vital role in preserving and transporting food items to their desired location without affecting the taste or quality. It protects the contents from moisture and toxins, prevents the food products from spillage and tampering, and helps retain their shape and quality. Food packaging has also gained traction as a means of information transmission, such as the nutritional content, expiry date, price and origin of the packaged products. It also acts as a modern marketing medium for sellers to attract consumers worldwide.
A rapid change in the food preferences of consumers, coupled with the expanding food retail sector across the globe,