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Despite the challenges, the combined revenue of the food and beverage market this year was $435.3 billion and is expected to grow to a staggering $857B by 2025.*
2020 was a year like no other. Yet despite the challenges brought on by the pandemic, most top food and beverage brands remained stable. In fact, the food and beverage industry is one of the only consumer product sectors to grow in the year.
The novel coronavirus pandemic has seen various food and beverage trends change drastically from pre-COVID. Consumers didn’t take to it well in March, but mid-summer they have seemed to settle into the “next normal.” Here are some of the most notable trends from this year, along with the Top 100 List on the following pages.
This year, we compiled an overall, more robust top food and beverage packaging companies list. The list may look different all in one, but there are the same placements near the top.
For several years, the Packaging Strategies list of the Top 50 Food Packaging Companies has changed very little. Sure, there has been some juggling of the ranks, but once again, Nestlé, JBS, Tyson, Pepsico and Mars round out the top five food packaging companies in the 2018 rankings.
The glass container industry’s key indicators in North America generally remained stable in 2017, with opportunities for growth in 2018 in the premium and craft spirits and wine segments, food, and non-alcoholic beverages.
One of the cornerstones of the folding carton industry, and a reason for its continued stability, is the fact that most paper-based packaging is used for consumer staples.
The global flexible packaging industry enjoyed a strong year in 2017 with a sales growth rate once again significantly higher than U.S. GDP. All segments of the flexible packaging industry took part in this growth, but growth for value-added flexible packaging was even higher.