Plant-Based Food Packaging Market Landscape to 2034: Key Forces Shaping the Next Decade of Growth

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

How Large Will the Plant-Based Food Packaging Market Size By 2025?
The plant-based food packaging market has grown rapidly in recent years. It is projected to rise from $6.39 billion in 2024 to $7.2 billion in 2025 at a CAGR of 12.6%. Historic growth was fueled by rising environmental concerns, demand for sustainable solutions, consumer preference for eco-friendly packaging, concerns over plastic waste, and the growing need for flexible packaging.

How Big Is the Plant-Based Food Packaging Market Size Expected to Grow by 2029?
There is an anticipation for a considerable surge in the vegetable-sourced food packaging market size in the forthcoming years. A rise to a worth of $11.78 billion is expected by 2029, with an impressive compound annual growth rate (CAGR) of 13.1%. Factors contributing to this projected growth during the forecast period include an increasing consumer preference towards sustainable products, a rising demand for recyclable and biodegradable items, the need for environmentally friendly packaging, heightened awareness about packaging waste impacting oceans and landfills, and a growing propensity for green packaging solutions. Key trends within this timeframe are expected to be a heightened use of eco-friendly packaging, increased demand for paper and paperboard packaging, the adoption of innovative packaging featuring freshness tracking technology, implementation of sustainable packaging strategies, as well as a growing preference for compostable and biodegradable packaging.

View the full report here:
https://www.thebusinessresearchcompany.com/report/plant-based-food-packaging-global-market-report

Which Key Market Drivers Powering Plant-Based Food Packaging Market Expansion and Growth?
The surge in online shopping is anticipated to fuel the expansion of the plant-based food packaging market in the future. The term online shopping refers to the practice of purchasing products and services via the internet, enabling consumers to shop from their own homes, thereby eliminating the need to go to brick and mortar stores. This method saves time by providing a swift and straightforward means to browse, compare, and buy goods. As online shoppers increasingly prefer environmentally-friendly options, retailers are responding by utilizing plant-based packaging, which provides flexibility and convenience and allows for brand distinction. For example, the United States Census Bureau, a government agency based in the US, reported in May 2024 that the e-commerce estimation for the first quarter of 2024 saw an increase of 8.5% from the first quarter of 2023, while overall retail sales rose by 2.8% during the same timeframe. Consequently, the rising prevalence of online shopping is a key factor propelling the growth of the plant-based food packaging market.

Get your free sample here:
#Claim Your Free Sample Report:#

Which Fast-Growing Trends Are Poised to Disrupt the Plant-Based Food Packaging Market?
Prominent businesses in the plant-based food packaging industry are driving sustainable packaging solutions, offering biodegradable substitutes to conventional plastics, reducing waste and environmental harm. Sustainable packaging methods involve the development, production, and disposal of packaging resources that lessen environmental impact by incorporating green, efficient materials and practices promoting a circular economy. For example, Donovan Bros Ltd, a UK-based sustainable packaging solutions firm, introduced mushroom-based packaging in March 2024. This eco-friendly, biodegradable solution uses agricultural waste and mycelium to create robust, compostable packaging. This versatile packaging, which can be eaten or composted, suits various food items and provides a unique 'unboxing' experience.

What Are the Emerging Segments in the Plant-Based Food Packaging Market?
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

Subsegments:
1) By Paper-Based: Kraft Paper Packaging, Coated Paperboard Packaging, Molded Pulp Packaging, Paper Bags And Pouches, Paper Cups And Containers
2) By Biodegradable And Compostable Packaging: PLA (Polylactic Acid) Packaging, PHA (Polyhydroxyalkanoates) Packaging, Starch-Based Packaging, Mushroom Packaging, Cellulose-Based Packaging, Bagasse Packaging (Sugarcane Pulp)
3) By Recyclable Plastic Packaging: PET (Polyethylene Terephthalate) Packaging, HDPE (High-Density Polyethylene) Packaging, PP (Polypropylene) Packaging, LDPE (Low-Density Polyethylene) Packaging, RPET (Recycled PET) Packaging

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=18430&type=smp

Who Are the Global Leaders in the 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

Which are the Top Profitable Regional Markets for the Plant-Based Food Packaging Industry?
Europe was the largest region in the plant-based food packaging market in 2024 and is expected to be the fastest-growing region in the forecast period. The regions covered in the plant-based food packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=18430

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.