The snack food packaging market has experienced significant growth over the years, fuelled by evolving consumer preferences and technological advancements. Packaging plays a vital role in preserving the quality, freshness, and safety of snack products while also serving as a tool for branding and marketing. This article delves into the key drivers, challenges, and opportunities shaping the snack food packaging market.
The global snack food packaging industry was valued at US$ 17.6 billion in 2022. It is projected to grow at a compound annual growth rate (CAGR) of 4.4% from 2023 to 2031, reaching a value of US$ 25.8 billion by the end of 2031.
