Global Dairy Packaging Market Size, Share and Forecast 2020-2026
The global dairy packaging market is anticipated to grow at a CAGR of over 4% during the forecast period. Dairy packaging acts as a physical barrier to food to contain the item from various damages and to preserve the quality of the product. The packaging should compel nutrient and weight losses along with providing the extended shelf life to the packed food item. Nowadays, food packaging does not only target product convenience and satisfactory protection rather it also provides various applications such as information regarding the content and highlighting key information regarding the packed product.
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Several factors are to be measured when opting for the packaging
material for dairy products. The factors include chemically inactivity of the
material, proper sanitation, compatibility with the product, toxicity, impact
resistance, light and odor protection, weight and shape requirements, marketing
appeal, printability, and price among various other factors.
Trends in Dairy Packaging Market
- Modified Atmosphere Packaging
(MAP)
Modified atmosphere packaging was previously utilized for the
packaging of food products including fruits and vegetables, and other bakery
products. It comes under the flexible packaging methods and is manufactured by
varying the initial gaseous environment. No further control processes during
the storage period are performed. Amendment of the internal atmosphere is
attained by merging three main gases, including nitrogen (N2), carbon dioxide
(CO2), and oxygen (O2). It focusses on slower down deteriorative reactions and
to constrain the evolution of spoilage microorganisms. This approach allows to
pack dairy with smaller amount preservatives and consequently, it became a
prevalent solution for minimally processed foods which are gradually being
required by the consumers.
- Edible Coatings and Films
Edible films and coatings are highly utilized owing to their
advantages on food products along with product differentiation and its
launching on the market. Coatings have parallel functions as those of
conventional packaging with features to enact as resistance to gases, flavored
compounds, and water vapor. It also offers extended shelf-life stability and
improved structural integrity as well as handling of coated foods. However,
there are some of the restraining factors of the edible coatings and films,
that is, they cannot be used as the only packaging, which means secondary
non-edible packaging is needed to hygienically and properly handle packed
food-stuff. Besides, they are also used as carriers of different active
compounds that can act as antioxidants, antimicrobials, or nutraceuticals.
Further, the growth of the global dairy packaging industry is
influenced by the players operating in the market and are providing various
packaging solutions for dairy products. Amcor PLC, Berry Global Group, Inc.,
Ball Corp., Sealed Air Corp., Huhtamaki Group, The International Paper Co.,
Mondi Group, Tetra Pak International S.A., and Winpak Ltd. are some of the
major players operating in the global dairy packaging market. Merger &
Acquisitions are observed to be major growth strategies adopted by the key players
operating in the market.
In June 2019, Amcor completed the acquisition of Bemis Company
Inc., The combined company now operates as Amcor Plc.
In June 2018, Huhtamaki Group acquired Ajanta Packaging in India
for $15.5 million. The acquisition helped Huhtamaki in consolidating its
position in pressure sensitive label business.
In September 2017, Greiner Packaging has increased its shares in
Turkish dairy product packaging company Teknik Plastik Greiner Ambalaj from 51%
to 100%. In 2015, Greiner acquired 51% stake in the companies Teknik Plastik
and Teknik IML which were later merged into Teknik Plastik Greiner Ambalaj.
In June 2016, Ball Corp. completed the acquisition of Rexam PLC
for around $6.1 billion of cash and equity, plus the assumption of around $2.4
billion of net debt, making Ball one the largest manufacturer of beverage cans
globally.
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Global Dairy Packaging Market – Segmentation
By Products
- Milk
- Cheese
- Yogurt
- Other Products
By Material
- Plastic
- Paper & Paperboard
- Others
By Packaging Type
- Rigid Packaging
- Flexible Packaging
Global Dairy Packaging Market – Segmentation by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
·
Altium
Packaging
·
Amcor
PLC
·
Ardagh
Group
·
Ball
Corp.
·
Berry
Global Group, Inc.
·
Delkor
Systems, Inc.
·
Greiner
Packaging international GmbH
·
Huhtamaki
Group
·
Mondi
Group
·
Nampack
Ltd.
·
PACCOR
GROUP
·
Saudi
Basic Industries Corp.
·
Sealed
Air Corp.
·
Sonoco
Products Co.
·
Stora
Enso Oyj
·
TetraPak
International S.A.
·
The
International Paper Co.
·
WestRock
Co.
·
Winpak
Ltd.
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