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Dairy Packaging Market Share, Trends, Future Outlook, Analysis and Forecast 2023-2030

09-23-2023 08:05 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Dairy Packaging Market Share, Trends, Future Outlook, Analysis

The global dairy packaging market is anticipated to grow at a CAGR of over 4% during the forecast period. Dairy packaging acts as a physical barrier to food to contain the item from various damages and to preserve the quality of the product. The packaging should compel nutrient and weight losses along with providing the extended shelf life to the packed food item. Nowadays, food packaging does not only target product convenience and satisfactory protection rather it also provides various applications such as information regarding the content and highlighting key information regarding the packed product.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/dairy-packaging-market

Several factors are to be measured when opting for the packaging material for dairy products. The factors include chemically inactivity of the material, proper sanitation, compatibility with the product, toxicity, impact resistance, light and odor protection, weight and shape requirements, marketing appeal, printability, and price among various other factors.

Trends in Dairy Packaging Market

Modified Atmosphere Packaging (MAP)

Modified atmosphere packaging was previously utilized for the packaging of food products including fruits and vegetables, and other bakery products. It comes under the flexible packaging methods and is manufactured by varying the initial gaseous environment. No further control processes during the storage period are performed. Amendment of the internal atmosphere is attained by merging three main gases, including nitrogen (N2), carbon dioxide (CO2), and oxygen (O2). It focusses on slower down deteriorative reactions and to constrain the evolution of spoilage microorganisms. This approach allows to pack dairy with smaller amount preservatives and consequently, it became a prevalent solution for minimally processed foods which are gradually being required by the consumers.

Edible Coatings and Films

Edible films and coatings are highly utilized owing to their advantages on food products along with product differentiation and its launching on the market. Coatings have parallel functions as those of conventional packaging with features to enact as resistance to gases, flavored compounds, and water vapor. It also offers extended shelf-life stability and improved structural integrity as well as handling of coated foods. However, there are some of the restraining factors of the edible coatings and films, that is, they cannot be used as the only packaging, which means secondary non-edible packaging is needed to hygienically and properly handle packed food-stuff. Besides, they are also used as carriers of different active compounds that can act as antioxidants, antimicrobials, or nutraceuticals.

Further, the growth of the global dairy packaging industry is influenced by the players operating in the market and is providing various packaging solutions for dairy products. Amcor PLC, Berry Global Group, Inc., Ball Corp., Sealed Air Corp., Huhtamaki Group, The International Paper Co., Mondi Group, Tetra Pak International S.A., and Winpak Ltd. are some of the major players operating in the global dairy packaging market. Merger & Acquisitions are observed to be major growth strategies adopted by the key players operating in the market.

In June 2019, Amcor completed the acquisition of Bemis Company Inc., The combined company now operates as Amcor Plc.

In June 2018, Huhtamaki Group acquired Ajanta Packaging in India for $15.5 million. The acquisition helped Huhtamaki in consolidating its position in pressure sensitive label business.

In September 2017, Greiner Packaging has increased its shares in Turkish dairy product packaging company Teknik Plastik Greiner Ambalaj from 51% to 100%. In 2015, Greiner acquired 51% stake in the companies Teknik Plastik and Teknik IML which were later merged into Teknik Plastik Greiner Ambalaj.
In June 2016, Ball Corp. completed the acquisition of Rexam PLC for around $6.1 billion of cash and equity, plus the assumption of around $2.4 billion of net debt, making Ball one the largest manufacturer of beverage cans globally.

Global Dairy Packaging Market - Segmentation

By Products

Milk
Cheese
Yogurt
Other Products

By Material

Plastic
Paper & Paperboard
Others

By Packaging Type

Rigid Packaging
Flexible Packaging

A full report of Global Dairy Packaging Market is available at: https://www.omrglobal.com/industry-reports/dairy-packaging-market

Global Dairy Packaging Market- Segment by Region

North America

United States
Canada

Europe

Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Asia-Pacific

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Middle East & Africa
Latin America

Company Profiles

Altium Packaging
Amcor PLC
Ardagh Group
Ball Corp.
Berry Global Group, Inc.
Delkor Systems, Inc.
Greiner Packaging international GmbH
Huhtamaki Group
Mondi Group
Nampack Ltd.
PACCOR GROUP
Saudi Basic Industries Corp.
Sealed Air Corp.
Sonoco Products Co.
Stora Enso Oyj

TetraPak International S.A.

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Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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