Food Packaging Market to Hit USD 644.73 Billion by 2032, Driven by Sustainable Materials, Smart Packaging, and Expanding Food Supply Chains – SNS Insider
U.S. Food Packaging Market Leads Global Expansion with 83% Share, Projected to Grow from USD 99.74 Billion in 2024 to USD 153.74 Billion by 2032 Amid Rising Demand for Convenience & Eco-Friendly Solutions
Austin, Aug. 26, 2025 (GLOBE NEWSWIRE) — Food Packaging Market Size & Growth Analysis
According to SNS Insider, the global Food Packaging Market was valued at USD 414.36 billion in 2024 and is projected to reach USD 644.73 billion by 2032, expanding at a CAGR of 5.69% from 2025 to 2032. The U.S. dominates the global market with 83% share, accounting for USD 99.74 billion in 2024, and is expected to reach USD 153.74 billion by 2032.
The demand is fueled by changing consumer lifestyles, a rise in online food delivery, growing emphasis on food safety and shelf life, and increasing adoption of recyclable and biodegradable packaging solutions. Smart packaging technologies, including QR codes, freshness indicators, and tamper-evident designs, are further enhancing consumer trust and brand loyalty.
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Market Overview
Food packaging plays a crucial role in preserving product quality, ensuring safety, and enhancing convenience. With global food consumption on the rise, manufacturers are turning to sustainable materials such as bioplastics, paper-based alternatives, and compostable films to meet stringent environmental regulations. In the U.S., demand for ready-to-eat meals, frozen foods, and packaged beverages is driving innovation, supported by strong supply chain infrastructure and technological advancements in packaging machinery.
Major Players in the Food Packaging Market
- Amcor plc
- Tetra Pak International S.A.
- Berry Global Inc.
- Mondi Group
- Smurfit Kappa Group
- WestRock Company
- International Paper Company
- DS Smith Plc
- Crown Holdings Inc.
- Sonoco Products Company
- Huhtamaki Oyj
- Graphic Packaging International LLC
- Sealed Air Corporation
- Stora Enso Oyj
- Constantia Flexibles Group GmbH
- Packaging Corporation of America
- Ball Corporation
- ProAmpac LLC
- Plastipak Packaging Inc. and Coveris Group
Segmentation Analysis
By Packaging Type
In 2024, flexible packaging dominated the food packaging market share of 42.5% due to its cost-effectiveness, light weight structure, and applicability for various food categories. It’s a highly fashionable material for snacks, bakery, frozen foods, and ready-to-eat meals, as it serves as an excellent barrier film that is used to prolong the shelf life of the food products. Its convenience in such a resealable pouch, single-serve pouches, or easy-to-carry formats has also contributed to its increased adoption, particularly with the fast-rising e-commerce food delivery and on-the-go consumption trends.
By Material
Plastic contributed to the largest food packaging market share of 37.8% in 2024, on account of its durability, versatility, and capability to retain food quality for a longer duration. Due to its high barrier protection against moisture, oxygen, and contamination, it is suitable for packaging perishable articles like dairy products, meats, beverages, and frozen foods. Its suitability, ranging from rigid to flexible, as well as reasonable costs and a low weight, made the film the first choice of manufacturers and retailers globally.
By Packaging Format
Bottles were the largest food packaging type in 2024, accounting for 30.1% of the food packaging market due to widespread use in beverages, dairy products, sauces & condiments. Due to their strength and their even, heat-sealing properties, they are used by both manufacturers and consumers alike because of their ease of handling and because they offer outstanding protection from leaks, spills, and other contamination. Bottles are made from plastic, glass, and increasingly a range of bio-based materials and offer products as varied as carbonated sodas and weight loss cooking oil.
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Regional Analysis
Asia Pacific accounted for the highest market share of 33.50% in 2024, on account of accelerating urbanization, increasing disposable income, and the expansion of processed food and e-commerce industries in nations such as India, China, and Japan. Europe holds a large portion of the market thanks to the strict food safety mandates, dynamic consumer base, and the use of sustainable packaging solutions. North America is a well-developed market due to high retail, online food delivery, and packaged beverage demand.
Recent Developments
- March 2025 – Amcor launched a new line of fully recyclable flexible pouches for snacks and beverages, enhancing sustainability and reducing environmental impact.
- January 2025 – Tetra Pak introduced fiber-based beverage cartons with improved barrier properties as an alternative to aluminum layers, maintaining food safety while supporting recyclability.
USPs of the Food Packaging Market
- Food Safety & Preservation — guarantees safe, fresh, and contamination-free products.
- Convenience & Portability – Adapts to consumer living and carrying style by its compact size.
- Sustainability – Increasing preference for recyclable, biodegradable, and compostable materials lowers environmental footprint.
- Adaptability – For use with fresh/frozen/processed meats.
- Branding & Consumer Appeal – Attractive packaging increases product visibility and consumer interaction.
- Intelligent Packaging Integration – RFID, QR codes, and temperature indicators enhance traceability and quality control.
- It meets the regulatory compliance – Packaging solutions meets stringent global food safety and hygiene standards.
Food Packaging Market Report Scope
| Report Attributes | Details |
| Market Size in 2024 | USD 414.36 billion |
| Market Size by 2032 | USD 644.73 billion |
| CAGR | CAGR of 5.69% From 2025 to 2032 |
| Base Year | 2024 |
| Forecast Period | 2025-2032 |
| Historical Data | 2021-2023 |
| Key Segments | •By Packaging Type (Flexible, Rigid, and Semi-rigid) •By Material (Plastics, Paper & Paper-Based Materials, Glass, Metal, and Others) •By Packaging Format (Cups, Bottles, Cans, Pouches, Trays, and Others), Application (Bakery & Confectionery, Dairy Products, Fruits & Vegetables, Meat & Seafood, Sauces & Dressings, and Others) •By End User (Quick Service Restaurants, Café & Kiosks, Full-Service Restaurants, Chain Restaurants, and Others) |
| Regional Analysis | North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, Poland, Turkey, Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Report Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Customization Scope | Available upon request |
| Pricing | Available upon request |
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