Eco-Friendly Food Packaging Market is anticipated to grow at a CAGR of 7.5% during the forecast period. Packaging reusability is one of the key solutions to eliminating different types of pollution and helps to ensure environmental safety. Converting packaging waste into reusable packaging or degradable packaging is a high-profit opportunity for food packaging companies by cutting costs, meeting individual requires through customization, and improving customer experience. The companies are looking forward to improving their packaging solutions such as phasing out non-recyclable or hard-to-recycle plastics, increasing investment in the development of mono-material packaging, and adopting alternative materials.

For instance, in February 2022, PepsiCo strive to design 100% of our packaging to be recyclable, compostable, biodegradable, or reusable by 2025 and to invest to increase recycling rates in the market. The company supports different policies used to promote a more sustainable, circular economy for packaging, including well designed Extended Producer Responsibility (EPR) programs.

In Feb 2022, the Coca-Cola Co. announced an industry-leading goal to significantly boost its use of reusable packaging. By 2030, the company aims to have at least 25% of all beverages globally across its portfolio of brands sold in refillable/returnable glass or plastic bottles, or in refillable containers through a traditional fountain or Coca-Cola freestyle dispensers. Additionally, in February 2021, Unilever Co. stated that it has reduced its total virgin plastic packaging footprint since 2018 by around 16% or 112,000 to 599,000 tones. The company further aims to measure its total plastic packaging footprint and the amount of each type of plastic that they use. Unilever is working to measure and report data on plastic use in more Unilever markets.

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Market Coverage

The market number available for – 2023-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered-

By Material Type
By Packaging Type
By Application
Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- including Amcor Plc, Ball Corp., BASF SE, Berry Global Inc., Crown Holdings Inc., Elopak AS, GWP Group Ltd., and others.

Eco-Friendly Food Packaging Market Report Segment

By Material Type

Paper & Paperboard
Plastic
Metal
Glass
By Packaging Type

Recycled Content Packaging
Degradable Packaging
Reusable Packaging
By Application

Beverages
Bakery & Confectionary
Dairy Products
Meat Products
Fruits & Vegetables
Convenience Food
A full Report of Eco-Friendly Food Packaging Market is Available @ https://www.omrglobal.com/industry-reports/eco-friendly-food-packaging-market

Eco-Friendly Food Packaging Market Report Segment by Region

North America

United States
Canada
Europe

UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific

India
China
Japan
South Korea
Rest of APAC
Rest of the World

Latin America
Middle East and Africa
Company Profiles

Amcor Plc
Ball Corp.
BASF SE
Berry Global Inc.
Crown Holdings Inc.
Elopak AS
GWP Group Ltd.
Huhtamäki Oyj
Mondi Plc
Pactiv Evergreen Inc.
Paper foam BV
Printpack Inc.
Sealed Air Corp.
Smurfit Kappa Group Plc
Sonoco Products Co.
Sustainable Packaging Industries
Swedbrand Group
Tetra Pak Group
The WestRock Group
Winpak Ltd.
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We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
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