Global Sanitary Food and Beverage Market, By Packaging Type (Paperboard, Rigid Plastic, Glass, Flexible Plastic, Metal, Other Packaging Types), Product Type (Milk and Other Beverage Cartons, Cups and Liquid Tight Containers, Folding Food Containers, Boards and Trays, Other Product Types) – Industry Trends and Forecast to 2029
Market Analysis and Size
Over the last few years, a considerable transition is taking place in the sanitary food and beverage industry, with a greater focus now being placed on implementing sustainable development measures. Therefore, more environmentally friendly packaging materials are being used. In addition, the food packaging supply chain is being digitalized to speed production and prevent needless waste of raw materials.
Global Sanitary Food and Beverage Market was valued at USD 1040.00 million in 2021 and is expected to reach USD 1670.15 million by 2029, registering a CAGR of 6.1% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Packaging Type (Paperboard, Rigid Plastic, Glass, Flexible Plastic, Metal, Other Packaging Types), Product Type (Milk and Other Beverage Cartons, Cups and Liquid Tight Containers, Folding Food Containers, Boards and Trays, Other Product Types)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa
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Market Players Covered
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CHUO KAGAKU CO., LTD. (Japan), FP Corporation. (Japan), Crown Equipment Corporation (U.S.), BALL CORPORATION (U.S.), Kaira Can Company Limited (India), Silgan Containers LLC (U.S.)., International Paper. (U.S.), Mondi (U.K.), Sealed Air (U.S.), Smurfit Kappa (Ireland), Stora Enso AB (Finland), WestRock Company (U.S.), Amcor plc (Switzerland), Coveris (U.K.), Berry Global Inc. (U.S.), DS Smith (U.K.), Graphic Packaging International, LLC (U.S.)
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Market Opportunities
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Market Definition
The food and beverage sector requires sanitization facilities for all the operations including processing, packaging, transporting and others. Sanitary food and beverage packaging is basically use safe and well- sanitized modes, materials and methods for packaging operations of the food and beverage sector.
Sanitary Food and Beverage Market Dynamics
This section deals with understanding the market drivers, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Increased Demand for Food and Beverages Packaging
The growing emphasis on cleanliness and hygiene is driving up demand in the global market for sanitary food and beverage packaging. The global market for hygienic food and beverage packaging has grown as a result of the significant increase in packaged food and drinks in both developed and developing countries. Additionally, the governments of several regions are acting forcefully to stop food contamination while moving food from one location to another. Demand for hygienic food and beverage packaging will certainly increase due to changing customer preferences on food cleanliness.
Furthermore, the market expansion is predicted to be impacted by the rising use of packaged food and beverage applications in developing nations, changing consumer hygiene preferences, and rising demand for sanitary cans to preserve nutritional content. Additionally, the forecasted growth of the sanitary food and beverage market is projected to be aided by global urbanization's rapid pace and rising levels of disposable income.
Opportunities
- Developments and Initiatives
Furthermore, various developments and innovation in packaging as well as the material used for packaging further extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Additionally, the growing number of initiatives by investing in food safety by the organizations to increase consumer awareness will further expand the future growth of the sanitary food and beverage market.
Restraints/Challenges
- Negative Environmental Impact
The material's environmental effects affect the market, as most of the materials used to create the sanitary food and beverage are not recyclable and may seriously harm the environment. The market for sanitary food and beverage packaging will also be impacted by growing worries about the usage of plastic.
- High Costs
Furthermore, as the sanitary packaging is so expensive, many small businesses still cannot afford to utilize it. Therefore, it is likely that only huge, global firms will benefit from market growth. Moreover, the purchasing lightweight, flexible material and integrating the market's supply chain are two expensive processes included in the expenditure on sanitary packaging solutions will challenge the sanitary food and beverage market growth rate.
This sanitary food and beverage market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the sanitary food and beverage market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Sanitary Food and Beverage Market
The recent outbreak of coronavirus had a negative impact on the sanitary food and beverage market. The severe disruptions in various manufacturing, as well as the supply-chain operations due to the various precautionary lockdowns imposed by governments to curb the spread of disease, led to huge financial setback for the market. As a result of the pandemic, all production, factories, and other operations were shut down, significantly impacting industry players in the sanitary food and beverage sector. Stoppages and worldwide supply chain disruptions as a result made production more difficult. Governments continued to apply restrictions after the epidemic, such as operating with just half the staff and fewer hours, which hampered the market's production cycle.
The requirement for sanitary food and beverage, on the other hand, has increased as a result of the outbreak. Given the current coronavirus pandemic issue and the need for producers to maintain a highly sterile manufacturing environment, sanitary food packaging has taken on significant significance. Additionally, people are hesitant to buy commodities unless shops guarantee that the packaging is routinely sterile and cleaned, increasing demand. With rising sanitary and hygiene concerns, the areas have seen a rapid increase in the adoption of products with appropriate packaging.
Global Sanitary Food and Beverage Market Scope
The sanitary food and beverage market is segmented on the basis of packaging type and product type. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Packaging Type
- Paperboard
- Rigid Plastic
- Glass
- Flexible Plastic
- Metal
- Other Packaging Types
Product Type
- Milk and Other Beverage Cartons
- Cups and Liquid Tight Containers
- Folding Food Containers
- Boards and Trays
- Other Product Types
Sanitary Food and Beverage Market Regional Analysis/Insights
The sanitary food and beverage market is analyzed and market size insights and trends are provided by country, packaging type and product type as referenced above.
The countries covered in the sanitary food and beverage market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the rising demand of advanced packaging material along with stringent regulations by the FDA within the region.
Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the rapid urbanization along with increasing level of disposable income of the people in the region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Sanitary Food and Beverage Market Share Analysis
The sanitary food and beverage market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to sanitary food and beverage market.
Some of the major players operating in the sanitary food and beverage market are
- CHUO KAGAKU CO., LTD. (Japan)
- FP Corporation. (Japan)
- Crown Equipment Corporation (U.S.)
- BALL CORPORATION (U.S.)
- Kaira Can Company Limited (India)
- Silgan Containers LLC (U.S.)
- International Paper. (U.S.)
- Mondi (U.K.), Sealed Air (U.S.)
- Smurfit Kappa (Ireland)
- Stora Enso AB (Finland)
- WestRock Company (U.S.)
- Amcor plc (Switzerland), Coveris (U.K.)
- Berry Global Inc. (U.S.)
- DS Smith (U.K.)
- Graphic Packaging International, LLC (U.S.)
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