The global flexible packaging market is expected to grow by an average annual rate of 4.4%, reaching $99.10 billion by 2019, making it one of the fastest growing segments in the packaging industry.
No country in the world loves a snack like the United States. Whether due to Americans’ level of disposable income, demand for convenience, interest in meal replacements or desire to indulge in exotic flavor options at a reasonable price, the U.S. remains the globe’s single largest market for snack foods.
The food and beverage packaging industry is undergoing constant change. New developments in automation, and a continuing focus on flexibility, continue to support the advancement of manufacturing operations in the areas of efficiency, sustainability and food safety.
In a recent study, PMMI, The Association for Packaging and Processing Technologies, reported on the perceptions of industry stakeholders surrounding the Food Safety Modernization Act (FSMA), signed into law in 2011.
According to a recent study from PMMI, The Association for Packaging and Processing Technologies, retail ready packaging (RRP) markets around the world are healthy and growing.