Snack Food Packaging Market Research Report Information by Packaging Type (Flexible Packaging And Rigid Packaging), Material (Plastic, Paper, Metal, And Others), Application (Bakery Snacks, Candy & Confections, Savory Snacks, Nuts & Dried Fruits, And Others), And by Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032

Snack Food Packaging Market Overview

Snack Food Packaging Market Size was estimated at USD 16.9 Billion in 2022. The Snack Food Packaging market is anticipated to grow and expand from USD 17.82 Billion in 2023 to USD 27.36 Billion by 2032, exhibiting a growth rate or CAGR (compound annual growth rate) of 5.5% during the projected timeframe (2023-2032). The increasing presence of franchise food organizations and public awareness of nutritious habits are the key market drivers contributing to market growth and expansion.

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Snack Food Packaging Market Trends

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  Growing ready-to-eat eating habits are driving the market growth.

  
  

The rising ready-to-eat eating habits drive the market CAGR for snack food packaging. The general public's acceptance of more nutritious lifestyles and the rise of retail outlets in metropolitan areas may boost market expansion. Product attractiveness, nutritional value knowledge, product diversity, and an aging population drive market expansion. High manufacturing of environmentally friendly containers and ease for consumers in handling small packages might bode well for expanding the snack food packaging industry. Bags and pouches use modified atmosphere packaging, or MAP, to prolong product shelf life. Packaged goods for consumers are progressively using novel techniques to improve their resistance to chemicals and mechanical robustness. Consumers seek more health advantages than ever, consuming snacks to substitute meals. Protein-rich meals such as bars of protein and powdered substances, nuts and seeds, meat bars, and dietary supplements are additionally on the rise, as are other health-conscious foods. Furthermore, a rising preference for a healthy lifestyle has resulted in a spike in requests for a healthy snack, which is projected to drive market growth.

Additionally, the snack food sector is shifting towards flexible packaging, and digital printing is the future of adaptable packaging development. Digitally designed portable packaging is a fantastic way to improve brand exposure and sales. Brands may also make last-minute modifications to their designs thanks to digital printing. Because no plates are required, unlike conventional printing, there does not require extensive set-up time, allowing for quick modifications. This adaptability simplifies adding an SKU, changing a dish, or adding promotional material to a current package. There has been an increase in the spread of franchise food organizations, accompanied by rising variables such as increased out-of-home eating in metropolitan areas and the developing retail business. These dependable variables are growing the worldwide target audience's acceptance of processed and convenient food alternatives. All of these reasons are anticipated to boost the snack food packaging industry.

COVID-19 significantly influences every industry, including electronics, semiconductors, manufacturing, automobiles, etc. However, numerous technology businesses have witnessed increasing income due to major shifts in customer demand for technical services. Furthermore, the epidemic has resulted in considerable technological advancements in underdeveloped and developed countries. Additionally, the expansion of this market is primarily driven by changing lifestyles and rising appetites for ready-to-eat food, which is boosting the industry across nations.

For instance, the United States is an established market for bakers and snacks. It is expected to develop at a 4% annual rate from 2014 to 2025, while Europe is considered the second main market in the worldwide snack food packaging industry.]. Thus, demand for Snack Food Packaging is anticipated to increase throughout the projected timeframe due to the rising ready-to-eat eating habits. Thus, driving the Snack Food Packaging market revenue.

Snack Food Packaging Market Segment Insights

Snack Food Packaging Type Insights

The Snack Food Packaging market segmentation, based on Packaging Type, includes flexible packaging and rigid packaging. The flexible packaging category dominated the market, accounting for 58% of market revenue (USD 9.8 Billion) in 2022. It is used to transport fruits, liquids, and food items and is a single-use box. Furthermore, these packs' secondary market nature and long-term viability in terms of existing corporate norms might drive category demand

Figure 1:  Snack Food Packaging Market, by Type, 2022 & 2032 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Snack Food Packaging Material Insights

The Snack Food Packaging market segmentation, based on Materials, includes plastic, paper, metal, and others. The plastic category generated the highest market revenue of about 40% (USD 6.8 billion) in 2022 due to its significant use in making plastic pouches for snacking. Another option is to produce disposable plastic cans or bags for tinned or frozen food products. It is commonly used to produce bags and containers for fruit snacks, baby food, and crisps. PET gives packaging for food a lot of rigidity.

Snack Food Packaging Application Insights

The Snack Food Packaging market segmentation, based on Application, includes bakery snacks, candy & confections, savory snacks, nuts & dried fruits, and others. The savory snacks segment dominated the market, accounting for 38% of market revenue (USD 6.4 Billion) in 2022. This is due to increased knowledge of the health advantages of dried fruits, nutritious bars, and nuts. The design of compact bags for fruits and nuts, which indicate healthy eating, may boost market development.

Snack Food Packaging Regional Insights

By region, the research provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American Snack Food Packaging market will dominate during the projected timeframe. The existence of tier-1 snack packaging manufacturers has resulted in a significant increase in the snack-type packaging market value.

Further, the major countries studied in the market report are the US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2:  Snack Food Packaging Market Share by Region 2022 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Europe region’s Snack Food Packaging market accounts for the second-highest market share due to This is due to rising consumer usage as well as tight government rules on the security and perfection of snack food goods. Further, the German Snack Food Packaging market holds the largest market share, and the UK Snack Food Packaging market is expected to grow and expand significantly in the European region during the projected timeframe.

The Asia-Pacific Snack Food Packaging market is expected to grow quickly during the projected timeframe. Snack food sales and market potential for enterprises in the worldwide snack food packaging industry are expanding. Moreover, China’s Snack Food Packaging market dominates the market share, and the Indian Snack Food Packaging market is expected to expand and grow steadily in the Asia-Pacific region during the projected timeframe.

Snack Food Packaging Key Market Players & Competitive Insights

Leading market players invested heavily in research and Development (R&D) to scale up their manufacturing units and develop technologically advanced solutions, which will help the Snack Food Packaging market grow worldwide. Market participants are also undertaking various organic or inorganic strategic approaches to strengthen and expand their footprint, with significant market developments including new Packaging Type portfolios, contractual deals, mergers and acquisitions, capital expenditure, higher investments, and strategic alliances with other organizations. Businesses are also coming up with marketing strategies such as digital marketing, social media influencing, and content marketing to increase their scope of profit earnings. The Snack Food Packaging industry must offer cost-effective and sustainable options to survive in a highly fragmented and dynamic market climate.

Manufacturing locally to minimize operational expenses and offer aftermarket services to customers is one of the critical business strategies organizations use in the Snack Food Packaging industry to benefit customers and capture untapped market share and revenue. The Snack Food Packaging industry has recently offered significant advantages to the Packaging & Transport industry. Moreover, more industry participants are utilizing and adopting cutting-edge technology has grown substantially. Major players in the Snack Food Packaging market, including Sonoco Products (US), Graham Packaging Holdings (US), Bemis Company (US), Amcor (Australia), Swiss pack private limited (India), Sealed Air Corporation (US), American Packaging (US), Bryce Corporation (US), Clondalkin Group (the Netherlands), Huhtamaki  (Finland), ProAmpac (US), and Modern-Pak Pte Ltd (US) are attempting to expand market share and demand by investing in R&D operations to produce sustainable and affordable solutions.

Amcor is a pioneer in developing and producing environmentally friendly packaging for beverages, food, pharmaceutical, healthcare, household and personal care, and other products. Amcor will offer Designed-to-Be-Recycled Meal Packing in Colombia in May 2021. The redesigned sachet is recyclable in compliance with industry standards. The sachets are the most recent in a succession of recyclable and other environmentally friendly packaging solutions.

Bemis Company, Inc. is a significant provider of flexible and rigid plastic containers to leading food, consumer goods, healthcare, and other firms. Bemis introduced transparent, reusable stand-up bag packaging in June 2018. The solution blends reusable substances with shelf-appealing openness, assisting CPGs in attracting customers while meeting their business's environmental goals.

Key Companies in the Snack Food Packaging market include

• Sonoco Products (US)


• Modern-Pak Pte Ltd (US)


• Graham Packaging Holdings (US)


• ProAmpac (US)


• Huhtamaki (Finland)


• Bemis Company (US)


• Amcor (Australia)


• Clondalkin Group (the Netherlands)


• Swiss pack private limited (India)


• Bryce Corporation (US)


• Sealed Air Corporation (US)


• American Packaging (US)

Snack Food Packaging Industry Developments

May 2021: Amcor will offer Designed-to-Be-Recycled Meal Packing in Colombia in May 2021. The redesigned sachet is recyclable in compliance with industry standards. The sachets are the most recent in a succession of recyclable and other environmentally friendly packaging solutions.

June 2018: Bemis introduced transparent, reusable stand-up bag packaging in June 2018. The solution blends reusable substances with shelf-appealing openness, assisting CPGs in attracting customers while meeting their business's environmental goals.

February 2017: Clondalkin introduced a new stand-up pouch with an increased shelf life in February 2017. Combining carefully chosen materials and micro-perforation helps the goods within breathe and stay fresher for longer. The packaging increases the duration of storage of the fruit and keeps them crisp for twelve days after harvest.

Snack Food Packaging Market Segmentation

Snack Food Packaging Type Outlook

• Flexible packaging


• Rigid packaging

Snack Food Packaging Material Outlook

• Plastic


• Paper


• Metal


• Others

Snack Food Packaging Application Outlook

• Bakery snacks


• Candy & confections


• Savory snacks


• Nuts & dried fruits


• Others

Snack Food Packaging Regional Outlook

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  North America

  
  
  
  
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    US

    
    
  
  
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    Canada

    
    
  
  
  
  


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  Europe

  
  
  
  
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    Germany

    
    
  
  
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    UK

    
    
  
  
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    Italy

    
    
  
  
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    Spain

    
    
  
  
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    Rest of Europe

    
    
  
  
  
  


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  Asia-Pacific

  
  
  
  
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    China

    
    
  
  
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    Japan

    
    
  
  
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    India

    
    
  
  
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    Australia

    
    
  
  
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    South Korea

    
    
  
  
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    Australia

    
    
  
  
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    Rest of Asia-Pacific

    
    
  
  
  
  


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  Rest of the World

  
  
  
  
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    Middle East

    
    
  
  
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Report Scope:

Report Attribute/Metric	Details
Market Size 2022	USD 16.9 Billion
Market Size 2023	USD 17.82 Billion
Market Size 2032	USD 27.36 Billion
Compound Annual Growth Rate (CAGR)	5.5% (2023-2032)
Base Year	2022
Market Forecast Period	2023-2032
Historical Data	2018- 2022
Market Forecast Units	Value (USD Billion)
Report Coverage	Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered	Packaging Type, Material, Application, and Region
Geographies Covered	North America, Europe, Asia Pacific, and the Rest of the World
Countries Covered	The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled	Sonoco Products (US), Graham Packaging Holdings (US), Bemis Company (US), Amcor (Australia), Swiss pack private limited (India), Sealed Air Corporation (US), American Packaging (US), Bryce Corporation (US), Clondalkin Group (the Netherlands), Huhtamaki  (Finland), ProAmpac (US), and Modern-Pak Pte Ltd (US)
Key Market Opportunities	Product releases and R&D by significant critical players
Key Market Dynamics	Growth in ready-to-eat eating habits, public awareness of nutritious habits The increasing presence of franchise food organizations

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