Baby Food Packaging Market is Estimated to Value $81.3 Billion By 2025: Grand View Research, Inc

October 21 04:10 2019
Baby Food Packaging Market is Estimated to Value $81.3 Billion By 2025: Grand View Research, Inc

Grand View Research, Inc. – Market Research And Consulting.
According to report published by Grand View Research, The global baby food packaging market size was estimated at USD 50.64 billion in 2018 and is projected to expand further at a CAGR of 7.0% from 2019 to 2025.

The global Baby Food Packaging Market size is expected to reach USD 81.31 billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to register a CAGR of 7.0% from 2019 to 2025. Growing demand for baby food products as a result of increasing number of working individuals is expected to remain a prominent growth-driving factor. Furthermore, increasing number of nuclear families in developing countries including Mexico, Brazil, China, and India is expected to have a positive impact on the market.

Rising usage of paperboards and rigid plastic as alternative packaging materials to the conventional glass and metal is expected to drive these product segments over the forecast period. In addition, these materials are easy to carry as they are lightweight, durable, and reusable and offer longer product shelf life. Companies in the market are focusing on the development of better alternatives than plastic packaging. For instance, Square Baby Food launched recyclable cold chain packaging products in September 2018. Plum Organics launched baby bowl packaging product in November 2017.

Global Baby Food Packaging Market

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Further key findings from the study suggest:

  • Rigid plastic product segment led the global market in 2018 and will maintain its dominant position throughout the forecast years
  • Liquid carton packaging is expected to be the fastest-growing segment at a CAGR of 7.9% from 2019 to 2025
  • Milk formula is expected to be the largest application segment by the end of 2025 and dried food segment is projected to register the fastest CAGR during the forecast period
  • North America led the global baby food packaging market in 2018 and will expand further at a steady CAGR over the next six years
  • Key companies include Rexam, Inc.; Tata Tinplate Company of India; Bericap GmbH & Co. KG; Pretium Packaging LLC; Bemis Company, Inc.; Hood Packaging Corp.; Ball Corp.; Flexible Packaging Corp.; Hindustan National Glass & Industries Ltd. (HNGIL); and Tetra Pak

Baby Food Packaging Market

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Grand View Research has segmented the global baby food packaging market on the basis of product, application, and region:

Baby Food Packaging Product Outlook (Revenue, USD Billion, 2015 – 2025)

  • Metal
  • Glass
  • Rigid Plastic
  • Liquid Cartons
  • Paperboard Packaging
  • Others

Baby Food Packaging Application Outlook (Revenue, USD Billion, 2015 – 2025)

  • Dried Food
  • Prepared Food
  • Milk Formula
  • Others

Baby Food Packaging Regional Outlook (Revenue, USD Billion, 2015 – 2025)

  • North America
    • U.S.
  • Europe
    • Germany
    • U.K.
  • Asia Pacific
    • China
    • India
    • Japan
  • Central & South America
    • Brazil
  • Middle East & Africa

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About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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