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Showing posts with the label North America Food Packaging Market share

North America Food Packaging Market size is expected to reach USD 135.52 billion by 2028

  North America Food Packaging Industry Overview The North America food packaging market size was valued at USD 92.29 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 4.9% from 2020 to 2028.   The market is witnessing growth due to the high reliance of customers on packaged food products and the strong foothold of the food processing companies in the region. The market is anticipated to be driven by the increasing number of foodservice suppliers that are effectively digitalizing their activities. The ease in choosing food items according to taste and health preferences, coupled with the convenient payment modes, is increasing the sales of food items and thus bolstering food packaging sales.   Gather more insights about the market drivers, restrains and growth of the North America Food Packaging Market   The U.S. emerged as the largest food packaging market in North America in 2020 on account of a large food manufa...