Global market for baby food packaging 2016-2022

27 September 2016

According to a new report by Stratistics MRC, the global baby food packaging market is growing at a CAGR of 6.4% from 2015 to 2022. Increasing urbanization, growing demand for eco-friendly packaging of the products and wellbeing concerns are the key drivers fuelling the market growth. The opportunity for growth lies in innovation of packaging and consumer awareness.
Plastic containers accounted for the largest share due to air tight seal packaging and cost efficient methods. Milk formula exhibits the highest CAGR during the forecast period. North America region has the largest market share and Asia Pacific is expected to witness the highest CAGR during the forecast period.
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