Items Tagged with 'packaging industry reports'

Sustainable packaging was a major theme in 2024. Plus, Kellogg Company’s transformation in 2023 into Kellanova – and Mars’ plans to acquire Kellanova – were exemplary of the business re-arrangements and M&A that have continued at a steady clip in the packaging sector.

Many food and beverage companies have dialed in to consumer preferences, and incorporated healthier options, as well as sustainable products.

Despite the challenges, the combined revenue of the food and beverage market this year was $435.3 billion and is expected to grow to a staggering $857B by 2025.*

This year, we compiled an overall, more robust top food and beverage packaging companies list. The list may look different all in one, but there are the same placements near the top.

For several years, the Packaging Strategies list of the Top 50 Food Packaging Companies has changed very little. Sure, there has been some juggling of the ranks, but once again, Nestlé, JBS, Tyson, Pepsico and Mars round out the top five food packaging companies in the 2018 rankings.

In this month’s special report, Packaging Strategies approached industry experts to provide their outlook for segments of the packaging market.