PUNE, INDIA — The effects of climate change are intensifying, and as consumers look for more sustainable ways to snack, they are starting to drive manufacturers to find new ways to package products. While these alternatives are starting to shift snack food packaging toward more environmentally friendly practices, they are in direct competition with the sector’s superstar: plastic.
The global snack food packaging market is anticipated to register 5.5% CAGR during the forecast period (2019-2025), according to Market Research Future. Based on material, the global snack food packaging market has been segmented into metal, plastic, paper and others. The plastic segment held the largest market share of the global market in 2018 and is poised to witness the highest growth rate during the forecast period.