Sanitary Food and Beverage Packaging Market Size, Share | 2031

Report Description

Sanitary Food and Beverage Packaging Market Outlook 2031

The global sanitary food and beverage packaging market size was USD 39.2 Billion in 2022 and is likely to reach USD 50.16 Billion by 2031, expanding at a CAGR of 2.7% during 2023–2031. The market is driven by the rising popularity of food delivery services.

Increasing consumer awareness regarding food safety and hygiene is anticipated to propel the market during the assessment period. The technological advancements in the production of packaging materials with enhanced barrier properties contribute to the growth of sanitary packaging solutions. In addition, the rapid expansion of the food and beverage industry is anticipated to boost the market during the projection period.

• As per a survey report published in October 2023, the total revenue generated by the global sales of food and beverage reached around USD 2.3 Billion in 2022. Out of this, the major revenue was generated by the US, which was USD 786.6 million.

Get Free Sample Report

The stringent government regulations to ensure food safety and regulatory compliance are one of the crucial factors responsible for the rapid development of sanitary food and beverage packaging. The rising food and beverage sales influence the demand for packaging solutions that maintain product integrity during transportation. Sanitary food and beverage packaging has become paramount, due to the growing international food trade activities.

The COVID-19 pandemic boosted the market, due to the high demand for packaged food products and online food ordering. The supply chain of fresh food products was severely disrupted during this period, leading to a shortage of food. Thus, a large part of the population depended on either packaged food products or online food delivery services. Furthermore, the high awareness of sanitation and hygiene led to an increase in demand for sanitary food and beverage packaging during the pandemic.

Impact of Artificial Intelligence (AI) on the Sanitary Food and Beverage Packaging Market

Artificial intelligence is likely to provide substantial propulsion to the sanitary food and beverage packaging market. AI streamlines the processes in the food packaging industry by automating several processes. Operations such as sorting and packaging are carried out efficiently and quickly with minimal human involvement. AI-powered solutions detect food contaminants, as well as potential packaging problems. This further helps to ensure the quality and safety of food for consumption.

Sanitary Food and Beverage Packaging Market Dynamics

Get Free Sample Report

Major Drivers

Rising investments in the food and beverage packaging industry are expected to drive the market during the projection period. The hygienic and organic food and beverage packaging industry is experiencing a surge in demand, due to the increasing concerns about cleanliness and hygiene. The rising demand for packaged food and beverages in both developed and developing countries has contributed to the market surge.

Additionally, governments in various regions are taking strong measures to prevent food contamination during transportation and manufacturers are developing innovative packaging solutions to meet the overall growing demand, thereby driving the market.

• In June 2022, SIG, one of the prominent market players, successfully completed the acquisition of Scholle IPN, a top innovator of sustainable packaging solutions and systems for food and beverage products in retail, industrial, as well as institutional domains. This acquisition is intended to develop a wide range of low-carbon packaging solutions across different categories and sizes.

Existing Restraints

High costs of sanitary packaging and rising environmental concerns are likely to hamper the market during the forecast period. Sanitary packaging is expensive, which poses a challenge for small businesses to afford such packaging solutions. The need for lightweight and flexible materials for packaging contributes to the high cost of sanitary packaging.

Furthermore, most of the materials used in sanitary food and beverage packaging are not recyclable, which affects the environment. Thus, rising concerns about the impact of excessive use of plastic on the environment hinder the sanitary food and beverage packaging market.

Emerging Opportunities

­Growing research and innovation in packaging are anticipated to provide substantial growth opportunities in the market. Innovation and development in packaging and packaging materials offer profitable opportunities for market players. The increasing number of initiatives by organizations to promote food safety and consumer awareness and the high demand for sanitary packaging to preserve nutritional content are further expected to drive the sanitary food and beverage market. Global urbanization and rising disposable income levels are projected to aid the growth of the sanitary food and beverage packaging market.

Scope of the Sanitary Food and Beverage Packaging Market Report

The market report includes an assessment of the market trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Sanitary Food and Beverage Packaging Market Segment Insights

Packaging Type Segment Analysis

Based on packaging type, the sanitary food and beverage packaging market is divided into rigid plastic, paperboard, flexible plastic, glass, metal, and others. The rigid plastic segment is projected to hold the major share of the market during the projection period, due to its ability to offer robust protection, which ensures the integrity of food and beverage products during transportation and handling.

This reduces the risk of damage or contamination of food. Furthermore, rigid plastic packaging provides effective barrier protection against moisture, gases, and light, which helps to extend the shelf life pf packaged food and maintain its freshness and quality. These factors are anticipated to propel the market during the projection period.

Product Type Segment Analysis

On the basis of product type, the global market is segregated into beverage cartons, folding food containers, cups, liquid-tight containers, boards & trays, and others. The beverage cartons segment is projected to register a high CAGR during the forecast period, as they are lightweight in comparison to other packaging materials, contributing to cost-effective transportation.

This, in turn, reduces shipping costs and contributes to reducing the carbon footprint associated with transportation. Furthermore, these cartons help in extending the shelf life of packed beverages by providing a protective environment. The folding food containers segment is anticipated to expand at a substantial CAGR, as these containers are adaptable in terms of shape and design, allowing for creative and customizable packaging options.

However, customized packaging enables businesses to enhance their product visibility. Moreover, the collapsible nature of folding containers leads to cost savings in terms of transportation and storage. This helps in curbing the shipping and warehousing expenses, which impel the growth of this segment during the forecast period.

Get Free Sample Report

Regional Outlook

In terms of region, the global sanitary food and beverage packaging market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to dominate the market during the projection period. Stringent food service packaging regulations in the region are boosting the demand for sanitary food and beverage packaging, as the US FDA and the Food Safety and Inspection Service oversee consumer food products, medicines, and tobacco-based products.

The market in Asia Pacific is expected to grow at a significant pace in the coming years, due to the increasing consumer demand for safe and hygienic packaging solutions. Furthermore, the surge in total population, a rise in disposable income, and a growing awareness for food safety, with the rapid expansion of the food and beverage industry are projected to fuel the market in this region.

Get Free Sample Report