Global Dairy Packaging Market to Witness Astonishing Growth by 2028
The global dairy packaging market is projected to grow at a CAGR of over 4% during the forecast period. Packaging of dairy products develops continuously along with the advancement in material technologies, which in turn, responds to the ever-growing demands of consumers. The key factors that drive the market growth include the increased consumption of dairy products owing to the numerous health benefits associated with the dairy items. Further, the rising preferences of the customers for the eco-friendly products along with sustainable packaging are also driving the market growth during the forecast period.
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Moreover, the advent of new and renewable packaging items fuels demand. Novel dairy packaging systems include new packaging technologies such as the modified atmosphere packaging (MAP) that is widely used nowadays, especially for dairy products such as cheese. Forms of active packaging relevant to dairy foods include oxygen scavenging, carbon dioxide absorbers, moisture, and flavor/ odor taints absorbers. Antimicrobial packaging is gaining interest from packaging scientists and industry due to its potential for providing quality and their safety benefits. However, biodegradable packaging and durability of the packaging correlated with a product shelf life as well as the ecological perspective act as a barrier for the market growth during the forecast period.
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· Market Coverage
· Market number available for – 2022-2028
· Base year- 2021
· Forecast period- 2022-2028
· Segment Covered- By Source, By Product Type, By Applications
· Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Dairy Packaging Market by Products
o Milk
o Cheese
o Yogurt
o Other Products
Global Dairy Packaging Market by Material
o Plastic
o Paper & Paperboard
o Others
Global Dairy Packaging Market by Packaging Type
o Rigid Packaging
o Flexible Packaging%
