Snack Food Packaging Market Report: Trends, Forecast and Competitive Analysis to 2030

Snack Food Packaging Trends and Forecast

The future of the global snack food packaging market looks promising with opportunities in the chip/ crip/ fry/ plantain chip, nut & dry fruit, baby food, and ready-to-eat food markets. The global snack food packaging market is expected to grow with a CAGR of 5.2% from 2024 to 2030. The major drivers for this market are rising demand for convenience and on-the-go snacking and growing preference for healthy and sustainable packaging based snacks.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Snack Food Packaging by Segment

The study includes a forecast for the global snack food packaging by packaging format, material, application, and region.

Snack Food Packaging Market by Packaging Format [Shipment Analysis by Value from 2018 to 2030]:

• Pouches
• Bags
• Boxes
• Composite Cans
• Others

Snack Food Packaging Market by Material [Shipment Analysis by Value from 2018 to 2030]:

• Plastic
• Paper/ Paperboard
• Metal
• Glass

Snack Food Packaging Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Chips/ Crips/ Fries/ Plantain Chip
• Nuts & Dry Fruits
• Baby Food
• Ready-To-Eat Food
• Others

Snack Food Packaging Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Snack Food Packaging Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies snack food packaging companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the snack food packaging companies profiled in this report include-

• Amcor
• Bemis
• Berry Global Group
• Bryce Corporation
• Clondalkin Group
• Constantia Flexibles Group
• Eagle Flexible Packaging
• Glenroy
• Graham Packaging Holdings
• Huhtamaki

Snack Food Packaging Market Insights

Lucintel forecasts that bag is expected to witness the highest growth over the forecast period.

Within this market, chip/ crip/ fry/ plantain chip is expected to witness the highest growth over the forecast period.

North America will remain the largest region over the forecast period.

Features of the Global Snack Food Packaging Market

Market Size Estimates: Snack food packaging market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Snack food packaging market size by packaging format, material, application, and region in terms of value ($B).

Regional Analysis: Snack food packaging market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different packaging formats, materials, applications, and regions for the snack food packaging market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the snack food packaging market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the growth forecast for snack food packaging market?

Answer: The global snack food packaging market is expected to grow with a CAGR of 5.2% from 2024 to 2030.

Q2. What are the major drivers influencing the growth of the snack food packaging market?

Answer: The major drivers for this market are rising demand for convenience and on-the-go snacking and growing preference for healthy and sustainable packaging based snacks.

Q3. What are the major segments for snack food packaging market?

Answer: The future of the snack food packaging market looks promising with opportunities in the chip/ crip/ fry/ plantain chip, nut & dry fruit, baby food, and ready-to-eat food markets.

Q4. Who are the key snack food packaging market companies?

Answer: Some of the key snack food packaging companies are as follows:

• Amcor
• Bemis
• Berry Global Group
• Bryce Corporation
• Clondalkin Group
• Constantia Flexibles Group
• Eagle Flexible Packaging
• Glenroy
• Graham Packaging Holdings
• Huhtamaki

Q5. Which snack food packaging market segment will be the largest in future?

Answer: Lucintel forecasts that bag is expected to witness the highest growth over the forecast period.

Q6. In snack food packaging market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period.

Q7. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the snack food packaging market by packaging format (pouches, bags, boxes, composite cans, and others), material (plastic, paper/ paperboard, metal, and glass), application (chips/ crips/ fries/ plantain chip, nuts & dry fruits, baby food, ready-to-eat food, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?