Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 40.10 Billion | USD 67.88 Billion | 6.80% | 2022 |
FrequentlyAsked Questions
Food packaging technology & equipment are used during the packaging process of food products.
The global food packaging technology & equipment market is expected to grow owing to the increasing demand for packaged food products.
According to study, the global food packaging technology & equipment market size was worth around USD 40.10 billion in 2022 and is predicted to grow to around USD 67.88 billion by 2030.
The CAGR value of the food packaging technology & equipment market is expected to be around 6.80% during 2023-2030.
The global food packaging technology & equipment market will be led by Asia-Pacific during the forecast period.
The global food packaging technology & equipment market is led by players like Bühler Group, Tetra Pak, IMA S.p.A., Robert Bosch GmbH, Uhlmann Group, Multivac, Krones AG, Bemis Company, Inc. (Amcor), Coesia Group, GEA Group AG, Barry-Wehmiller Companies, Inc., Graphic Packaging Holding Company, Syntegon Technology, Ishida Co., Ltd, and Mettler-Toledo International Inc.
The report explores crucial aspects of the food packaging technology & equipment market including a detailed discussion of existing growth factors and restraints while also browsing future growth opportunities and challenges that impact the market.
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