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Food & Beverages Packaging Machine Market Trends

Report ID: GMI12600
Published Date: Dec 2024
Report Format: PDF

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Food & Beverages Packaging Machine Market Trends

As consumers increasingly favor convenience foods and portable products, the packaging machine market is feeling the impact. Today's consumers prioritize packaging that's easy to open, resealable, and tailored for single servings. In response, packaging machinery producers are innovating solutions, enabling manufacturers to efficiently produce these sought-after convenient and portable packaging options.

Authors: Aviansh Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global market size for food & beverages packaging machine was valued at USD 14.8 billion in 2023 and is projected to reach USD 19.8 billion by 2032, driven by a CAGR of over 3.4% from 2024 to 2032.

Filling machines accounted for approximately USD 4.9 billion in revenue in 2023 and are expected to grow at a CAGR of around 3.7% from 2024 to 2032, driven by the need for speed and efficiency in high-volume production.

The U.S. market generated around USD 3.1 billion in 2023 and is forecasted to grow at a CAGR of approximately 3.5% from 2024 to 2032, driven by the rising demand for packaged food and beverages.

Major players in the industry include Bosch Packaging Technology, Coesia S.p.A., FLSmidth A/S, GEA Group AG, IMA Group S.p.A., Krones AG, Marel hf., Mitsubishi Heavy Industries, Ltd., and Multivac Sepp Haggenmüller SE & Co. KG.