Global Snack Food Packaging Market 2021-2028 Trends, Share, Size, Growth, Opportunity and Forecasts By Stratistics MRC
2021 - 2028 Global Snack Food Packaging Market
The Global Snack Food Packaging Market is accounted for $18.41 billion in 2021 and is expected to reach $28.24 billion by 2028 growing at a CAGR of 6.3% during the forecast period. Snack food packaging comprises packaging of snack foods such as cookies, wafers, bakery snacks, etc., to evade contamination and to preserve nutritional values of food for a longer time. Furthermore, snacks need airtight packing to retain its original taste, aroma, quality, and better shelf life. The savory snacks segment held the highest CAGR due to consumer awareness of benefits of dried fruits, nutritional bars, and nuts and Indication of healthy eating owing to design of small pouches for fruits and nuts. The North America is projected to hold the highest market share due to the occurrence of major food manufacturers in the province and consumption by the populace. Asia Pacific is projected to have the highest CAGR due to high consumption rate of snacks in developing provinces of Malaysia, Indonesia, China, and India.
Some of the key players profiled in the Snack Food Packaging Market include Amcor, American Packaging, Bemis Company, Bryce Corporation, Clondalkin Group, Graham Packaging Holdings, Huhtamaki Global, Modern-Pak Pte Ltd, ProAmpac, Sealed Air Corporation, Sonoco Products, and Swiss pack private limited.
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