Mintel has announced four key trends set to impact the U.S. foodservice market over the coming year. The market intelligence agency predicts that 2018 will see the blurring of retail, foodservice and social media, as well as health and indulgence.
The Paperboard Packaging Council (PPC) has welcomed 17 new member companies, more data programming and several successful events over the past year, as well as introduced a new membership category for rigid box suppliers.
The market for dairy and dairy alternative beverages will reach a projected $28 billion by 2021, according to market research firm Packaged Facts in the new report, Dairy and Dairy Alternative Beverage Trends in the U.S., 4th Edition. Spurring the segment's growth will be plant-based dairy alternatives, which are expected to come to represent 40% of the combined total of dairy and dairy alternative beverages.
In the report, "The Future of Rigid Plastic Packaging to 2022," Smithers Pira forecasts that global rigid plastic packaging consumption will be worth $166 billion in 2017, and exceed $200 billion at the end of its study period in 2022. Volume consumption of rigid plastics globally will reach 52.9 million tonnes in 2017, and is projected to grow over the next five years at an annual rate of 3.7% to 63.4 million tonnes.
According to a report by Transparency Market Research, the global biscuits market is estimated to reach U.S. $109,959.9 million by the end of 2025. Increasing consumer demand for natural and GMO-free products is pushing the market due to rising health awareness and food safety concerns,
Increased government regulations, rising consumer demand and personalized care are among the top five reasons for growth in the pharmaceutical and medical device industry, according to PMMI, The Association for Packaging and Processing Technologies. PMMI just released the 2017 Pharmaceutical and Medical Device White Paper and accompanying infographic exploring the top five forces shaping this market.
The global sanitary food and beverage packaging market is likely to grow at a CAGR of nearly 6% during the forecast period 2017-2021, according to Future Market Insights (FMI). Increasing emphasis on maintaining food safety during the supply chain is promoting investments by manufacturers.
Beginning this holiday season, consumers can now get to know the exact family farmer who raised their Honeysuckle White brand holiday turkey, through a first-to-market blockchain solution. Consumers in select markets can simply text or enter an on-package code at HoneysuckleWhite.com to access the farm's location by state and county, view the family farm story, see photos from the farm and read a message from the farmer.
The global ready meals market is expected to grow due to increasing advancement in the packaging industry. Demand for food that is additive-free, minimally processed and with extended shelf life is expected to drive the market.
The global packaging divider market is expected to grow at a CAGR of close to 6% during 2017-2021 period, report projects; food and beverage accounted for close to 33% of total market in 2016, while pharmaceuticals held 27% market share and automotive took 18%.
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