The
global dairy packaging market size
was USD 28.90 Billion in 2021 and is expected to register a revenue CAGR of
4.8% over the forecast period, according to the latest report by Reports and
Data.
Dairy
products must be packaged properly and effectively because they are perishable
in order to facilitate storage and transportation. Due to its convenience,
compact packaging is projected to see increased demand, which will fuel the
industry even more. Recent trends show that manufacturers are increasingly
concentrating on delivering products in smaller numbers. The market for flavoured
milk products is growing, which is boosting the global dairy packaging market.
Increased health consciousness, urbanisation, and consumption of a variety of
dairy products as a result of rising demand for fresh foods as part of a
balanced diet are major trends in the global dairy food packaging industry.
On
the other hand, plastics and other non-biodegradable packing materials have
alarmed both consumers and manufacturers. As a result, companies are turning to
environmentally friendly and biodegradable packaging choices. Manufacturers
adopt eco-friendly packaging strategies that emphasise the use of lighter
materials and promote recycling. Since greenhouse-gas emissions from dairy
operations represent a sizeable fraction of overall emissions in some countries
and any changes to associated laws could have an effect on dairy output,
environmental law is also expected to impede the development of dairy products.
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Some Key Highlights from the Report
·
The industry is divided into
categories based on application, including cream, cheese, ice cream, yoghurt
and cultured goods, milk, butter, and others. The milk segment has the biggest
global share of all of these segments. Milk has always been a staple of diets
all across the world. It also includes important nutrients including Vitamin D,
calcium, potassium, and B vitamins in addition to a sizeable amount of protein.
Numerous studies have also demonstrated that consuming dairy products, such as
milk, can help reduce osteoporosis and bone fractures.
·
The Asia-Pacific area is anticipated
to have the highest revenue share among all regions because of its significant
milk consumption and production. More than half of the global dairy trade is
concentrated in Asia-Pacific. The main forces behind market demand are
expanding technological advancements and a rising inclination for healthy
meals.
·
North America accounted for a sizable
portion of the global market in 2020. The main factors influencing the
expansion of this sector in this area are the rising demand for dairy
substitutes including almond, coconut, and soy milk as well as the acceptance
of flavor-infused milk.
·
By 2025, all Australian Dairy
packaging should be reusable, recyclable, or compostable, according to the
Australian Packaging Covenant Organization's (APCO) recently released
Australian Dairy Sustainable Packaging Roadmap.
·
Companies profiled in the market
report include Bihai, Weyerhaeuser, Xinju Feng Pack, Jielong Yongfa,
International Paper, Skylong, Ecolean, Coesia IPI, Serac, Teta Laval, SIG
Combibloc, Elopak, Amcor, Greatview, Qingdao Likang Packing, Stora Enso, Nippon
Paper Group.
·
For the purpose of this report,
Reports and Data has segmented the global dairy packaging industry into Type
Outlook, Application Outlook, Regional Outlook:
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Type Outlook (Revenue, USD Billion; 2019-2030)
Application Outlook (Revenue, USD Billion; 2019-2030)
Application Outlook (Revenue, USD Billion; 2019-2030)
End-use Outlook (Revenue, USD Billion; 2019-2030)
Regional Outlook (Revenue, USD Billion; 2019-2030)
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