Food Packaging Equipment Market Growth (4.9% CAGR) | Food and Beverages Industry to Boost Industry Growth, 2022-2032
The global Food Packaging Equipment market was valued at USD 43.32 Mn in 2018 and is projected to increase significantly at a CAGR of 4.9% from 2019 to 2028. The packaging industry is worth billions of dollars and is constantly growing. The food packaging industry is constantly evolving as companies strive to provide innovative, convenient, and safe products. New packaging materials and processes are constantly being developed in order to improve shelf life, reduce waste, and protect the environment. As a result, the food packaging equipment market is also constantly changing in order to keep up with the latest trends.…
- Date: October 18, 2022
- Author: Thomas Bretz
- Category: FinancialContent