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Plant-Based Food Packaging Market Statistics, Size And Share Analysis Report Forecast 2024 To 2033
Plant-Based Food Packaging Market
As per the report, the plant-based food packaging market size has grown rapidly in recent years. It will grow from $5.64 billion in 2023 to $6.39 billion in 2024 at a compound annual growth rate (CAGR) of 13.4%. The plant-based food packaging market size is expected to see rapid growth in the next few years. It will grow to $10.6 billion in 2028 at a compound annual growth rate (CAGR) of 13.5%.
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What Is Driving The Growth Of The Global Plant-Based Food Packaging Market?
Online Shopping Surge Fuels Growth In The Plant-Based Food Packaging Market
The growing adoption of online shopping is expected to propel the growth of the plant-based food packaging market going forward. Online shopping refers to the process of buying goods and services over the Internet. Online shopping allows consumers to purchase goods and services from the comfort of their own homes, eliminating the need to travel to physical stores. It saves time by providing a quick and easy way to browse, compare, and purchase products. Online shoppers increasingly seek eco-friendly options, prompting retailers to adopt plant-based packaging that offers customization and convenience, enabling brand differentiation.
What Is The Key Trend In The Global Plant-Based Food Packaging Market?
Innovative Biodegradable Solutions Revolutionize Plant-Based Food Packaging
Major companies operating in the plant-based food packaging market are advancing solutions with sustainable packaging practices to provide biodegradable alternatives to traditional plastic, thereby reducing waste and environmental impact. Sustainable packaging practices are ways of designing, producing, and disposing of packaging materials that reduce the ecological footprint by including eco-friendly, resource-efficient materials and procedures that encourage a circular economy.
How Is The Global Plant-Based Food Packaging Market Segmented?
The plant-based food packaging market covered in this report is segmented -
1) By Packaging Type: Paper Based, Biodegradable And Compostable Packaging, Recyclable Plastic Packaging
2) By Material: Bioplastics, Mycelium, Bagasse, Starch Based, Paper
3) By Packaging Formats: Flexible Packaging, Stand-Up Pouches, Flat Bottom Bags, Flow Wraps, Rigid Packaging, Trays, Containers, Bottles
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How Is The Competitive Landscape Of The Global Plant-Based Food Packaging Market?
Major companies operating in the plant-based food packaging market are Amcor plc, WestRock Company, International Paper, Tetra Pak International S.A., DuPont, Stora Enso, Sealed Air, Huhtamaki, Mondi Group, Cascades Inc., Glatfelter Corporation, Genpak, Nordic Paper, Danimer Scientific, Good Natured Products Inc., Vegware, Sulapac Oy, Be Green Packaging, BioPak, TIPA LTD, WorldCentric.com, Sabert Corporation, Ecologic
Contents Of The Global Plant-Based Food Packaging Market
1. Executive Summary
2. Plant-Based Food Packaging Market Report Structure
3. Plant-Based Food Packaging Market Trends And Strategies
4. Plant-Based Food Packaging Market - Macro Economic Scenario
5. Plant-Based Food Packaging Market Size And Growth
…..
27. Plant-Based Food Packaging Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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