The global food packaging market will grow from USD 427.40 billion in 2025 to USD 746.98 billion by 2034, with a 5.7% CAGR. This report gives clear information on market segments, regional trends, and competition. It highlights major companies such as Tetra Pak, Amcor, and Ball Corporation. It explains different packaging materials like plastics, paper-based materials, and metals, with special attention to flexible packaging. It also provides regional insights for North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Global Food Packaging Market Players
Latest Announcements by Food Packaging Industry Leaders
- In March 2025, Guillaume Latourette, Vice President of Ahlstrom's Global Food Packaging division, stated that with LamiBak Flex, the Ahlstrom’s global food packaging division address the critical challenge of delivering high- barrier paper for flexible packaging while supporting sustainability goals. This innovation represents the future of functionalized base paper for converters and brands alike.
- In January 2025, according to Peter Voortmans, Commercial Director of Consumer Products Flexibles at Borealis, this new rLLDPE grade is a significant step towards a circular economy for plastics because of its remarkable 85% post-consumer recyclate content. As one of the ways the company is reimagining necessities for sustainable living, Borcycle M CWT120CL will assist Borealis company’s clients in reaching their sustainability goals while upholding the high performance standards necessary for demanding flexible packaging applications.
New Advancements in Food Packaging Industry
- In March 2025, Placon, a pioneer in sustainable, creative thermoformed food packaging, announced the debut of its new Fresh 'n Clear Dip Cup line for dips, spreads, and hummus. In response to growing consumer demand for more environmentally friendly food packaging choices for the expanding market for hummus, spread, and dip, the dip cup line was created. The dip cups and matching lids are constructed from Placon's exclusive EcoStar material, which has a #1 resin code and at least 10% recycled PET. Stacking and retailing are made simple by the product line's circular shape and recyclable crystal-clear packaging.
- In February 2025, Berry Global Group, Inc. partnered with Mars, a leader in snacks and sweets, to switch all of the packaging for its pantry jars for the M&M'S, SKITTLES, and STARBURST brands to 100% recycled plastic, excluding the jar lids. Building on the 2022 launch of the pantry jars with 15% recycled plastic, this accomplishment furthers Berry and Mars' ongoing partnership to create packaging with recycled material. Now, the revised jars are being distributed nationwide. The pantry jars, which come in three sizes (60, 81, and 87 ounces), are extensively recyclable. This shift to 100% recycled plastic will eliminate about 1,300 metric tons of virgin plastic each year, which is the equivalent of roughly 238 African elephants' weight. It also includes mechanically processed recycled content.
- In December 2024, The Lucid Infinity, created by Lucid Corp, is a ray of hope for the sustainability dilemma facing food packaging worldwide. The Lucid Infinity product line provides 100% recyclable, pad-less, and leak-proof food packaging choices that are both economical and environmentally beneficial. The unique two-piece tray design is designed to work without the use of conventional soaker pads or additives, and it captures purge at the bottom—a problem that soaker pads typically try to address. Made in-house, Lucid Infinity is a blend of PET (the world's most recycled plastic) and PCR (post-consumer recycled plastic), which directly enters the recycling process and promotes a more circular economy.
- In March 2025, Green Lab, the top producer of environmentally friendly packaging in Southeast Asia, has formally joined the American market. The company offering its eco-friendly packaging options in North America in 2025, Green Lab is a division of Frasers & Neave Group, one of the biggest SGX-listed corporations in Southeast Asia. With many container shipments already underway, the company provides eco-friendly food packaging that is competitively priced and performs as well as conventional solutions, along with FSC-certified, 100% recycled paper bags.
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