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.
Praxis Packaging has acquired Unette Corporation of Randolph, NJ, which will expand Praxis’ packaging solutions to include liquid, cream and paste products in tubes, bottles, jars and stick packs.
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,
The Dow Chemical Company and Karlville Development Group have signed a collaboration agreement to facilitate the acceptance and proliferation of Dow’s flexible PacXpert™ Packaging Technology in the marketplace. Through the agreement, Karlville will supply machinery for pouch making, spout inserting, and filling and capping equipment from their SPOUTPRO product line while also providing technical support and service to all users.
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.
Bibo Barmaid of Annandale, New Jersey, recently partnered with Bemis Co., Inc. to produce individually-sized cocktail mix pouches for the first at-home cocktail machine that produces the drink in less than 20 seconds
The Sigpack VPF (Vertical Platform for Flat Pouches), the first freely scalable flat pouch machine from Bosch, has been honored with the German Design Award 2018 in the Excellent Product Design category. The German Design Award is the second prestigious accolade for the Sigpack VPF following the German Packaging Award in 2016.