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Global Food Packaging Market size is anticipated to reach USD 411.3 billion by 2025. Food packaging is a method to protect food from contamination & damage enhance the shelf life of a food product. Packaging food is a combination of science, art and technology that is used in the transportation and selling of foods. The primary role of food packaging is to protect food from the external factors& damage and provide information regarding food ingredients and nutrition to the consumers. The food packaging market is expected to register a CAGR of 5.1% over the forecast period as the scope, product types, and its applications are increasing across the world.
The factors that play an important role in the growth of food packaging industry include increasing demand for processed food, increasing urbanization, rising disposable income, and stringent government rules & regulations regarding food safety. Moreover White Sox Yoan Moncada Jersey , improving shelf life of food products, changing lifestyle & eating habits, and crisp marketing by key manufactures are the factors which are expected to boost the growth of the market in the years to come. However, fluctuating prices of raw materials and side effects of packaging food on health are negatively affecting the growth of market. The food packaging industry is widely analyzed based on different regional factors such as gross domestic product (GDP), demographics, acceptance, inflation rate White Sox Welington Castillo Jersey , and others. The market is categorized based on type, material, application and geography