South America Food Service Packaging Market Forecast to 2028

Report Code : BMIRE00025301 | Region : LAMEA | Industry : Chemicals and Materials | Published Date : 11/Jul/2022
South America Food Service Packaging Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Material (Plastic, Metal, and Others), Packaging Type (Flexible and Rigid), and Application (Beverages, Prepared Meals, Fruits and Vegetables, Bakery and Confectionery, Dairy Products, and Others)

The South America food service packaging market is expected to grow from US$ 3,343.30 million in 2021 to US$ 4,688.84 million by 2028; it is estimated to grow at a CAGR of 5.0% from 2021 to 2028.

The food & food safety industry is subjected to numerous developments in terms of safety and packaging technologies. The constant growth in population, the surge in disposable income, and an increase in the working population are creating a need for more packaged and ready-to-cook food. The companies present in the food service packaging sector continuously focus on new trends and enhancements in food packaging, which greatly improve food quality and safety. Innovations such as advances in design and packaging materials are expected to support the food processing industry. Also, the emergence of smart and intelligent packaging techniques is expected to support the growth of the food processing industry. The intelligent packaging system consists of sensors, RFID tags, smart indicators (freshness, oxygen, carbon dioxide, leakage, color, and pathogen), pigments & ink, and barcodes/QR codes. Smart packaging is evolving, which is expected to boost exponentially with technologies, including printed electronics and IoT, which help in communicating with the end users. Further, the advent of nanotechnology and biosensors in the food industry is currently having several impacts on cultivation, food processing, production, packaging, transportation, and bioavailability of nutrients in food. In the food industry, nanotechnology and biosensors are utilized to increase flavor, extend product shelf-life, improve product safety, and inhibit bacterial & chemical growth. Several companies are also involved in the development of nanomaterials and biosensors, which will have an impact on the taste of food, health benefits, and safety of food. Thus, the development of smart and intelligent packaging materials for food packaging is expected to benefit industry players operating in the food service packaging market.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the South America food service packaging market. The South America food service packaging market is expected to grow at a good CAGR during the forecast period.

South America Food Service Packaging Market Revenue and Forecast to 2028 (US$ Million)

South America Food Service Packaging Market Segmentation

The South America food service packaging market is segmented based on material, packaging type, application, and country. Based on material, the market is segmented into plastic, metal, and others. The others segment dominated the market in 2020, and the plastic segment is expected to be the fastest-growing segment during the forecast period. Based on packaging type, the market is segmented into flexible and rigid. The flexible segment dominated the market in 2020, and the same segment is expected to grow faster during the forecast period. Based on application, the market is segmented into beverages, prepared meals, fruits and vegetables, bakery and confectionery, dairy products, and others. The prepared meals segment dominated the market in 2020, and the same segment is expected to be the fastest-growing segment during the forecast period. Based on country, the South America food service packaging market is segmented into Brazil, Argentina, and the Rest of South America.

Amcor PLC, Ball Corporation, BeGreen Packaging, Berry Global Inc., Graphic Packaging Holding Company, Huhtamaki, Sealed Air, Stora Enso, and WestRock Company are among the leading companies in the South America food service packaging market.

The List of Companies - South America Food Service Packaging Market

● Amcor PLC  

● Ball Corporation

● BeGreen Packaging  

● Berry Global Inc.

● Graphic Packaging Holding Company

● Huhtamaki

● Sealed Air

● Stora Enso  

● WestRock Company

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 SAM Food Service Packaging Market, by Material

1.3.2 SAM Food Service Packaging, by Packaging Type

1.3.3 SAM Food Service Packaging, by Application

1.3.4 SAM Food Service Packaging Market, by Country

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Hypothesis formulation:

3.2.4 Macro-economic factor analysis:

3.2.5 Developing base number:

3.2.6 Data Triangulation:

3.2.7 Country level data:

4. SAM Food Service Packaging Market Landscape

4.1 Market Overview

4.2 Porter's Five Forces Analysis

4.2.1 Threat of New Entrants:

4.2.2 Bargaining Power of Buyers:

4.2.3 Bargaining Power of Suppliers:

4.2.4 Competitive Rivalry:

4.2.5 Threat of Substitutes:

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. SAM Food Service Packaging Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Proliferation in Production Capacity of Packaging Products

5.1.2 Changing Customer Preferences for High-Quality and Standard Products

5.2 Market Restraints

5.2.1 Complicated Nature of Supply Chain Business

5.3 Market Opportunities

5.3.1 Significant Market Attractiveness for Recycling, Reusable, and Eco-Friendly Materials

5.4 Future Trends

5.4.1 Advent of Smart and Intelligent Packaging Materials in Food Industry

5.5 Impact Analysis

6. Food Service Packaging Market – SAM Analysis

6.1 SAM Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)

7. SAM Food Service Packaging Market Analysis – By Material

7.1 Overview

7.2 SAM Food Service Packaging Market, By Material (2020 and 2028)

7.3 Plastic

7.3.1 Overview

7.3.2 Plastic: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Mn)

7.4 Metal

7.4.1 Overview

7.4.2 Metal: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Mn)

7.5 Others:

7.5.1 Overview

7.5.2 Others: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Mn)

8. SAM Food Service Packaging Market Analysis – By Packaging Type

8.1 Overview

8.2 SAM Food Service Packaging Market, By Packaging Type (2020 and 2028)

8.3 Rigid

8.3.1 Overview

8.3.2 Rigid: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Mn)

8.4 Flexible

8.4.1 Overview

8.4.2 Flexible: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Mn)

9. SAM Food Service Packaging Market Analysis – By Application

9.1 Overview

9.2 SAM Food Service Packaging Market, By Application (2020 and 2028)

9.3 Beverage

9.3.1 Overview

9.3.2 Beverage: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Mn)

9.4 Prepared Meals

9.4.1 Overview

9.4.2 Prepared Meals: Food service packaging Market – Revenue and Forecast to 2028 (US$ Mn)

9.5 Fruits and Vegetables

9.5.1 Overview

9.5.2 Fruits and Vegetables: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Mn)

9.6 Bakery and Confectionery

9.6.1 Overview

9.6.2 Bakery and Confectionery: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Mn)

9.7 Dairy Products:

9.7.1 Overview

9.7.2 Dairy Products: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Mn)

9.8 Others:

9.8.1 Overview

9.8.2 Others: Food Service Packaging Market – Revenue and Forecast to 2028 (US$ Mn)

10. SAM Food Service Packaging Market – Country Analysis

10.1 Overview

10.1.1 SAM: Food Service Packaging Market, by Key Country

10.1.1.1 Brazil: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1 Brazil: Food Service Packaging Market, by Material

10.1.1.1.2 Brazil: Food Service Packaging Market, by Packaging Type

10.1.1.1.3 Brazil: Food Service Packaging Market, by Application

10.1.1.2 Argentina: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1 Argentina: Food Service Packaging Market, by Material

10.1.1.2.2 Argentina: Food Service Packaging Market, by Packaging Type

10.1.1.2.3 Argentina: Food Service Packaging Market, by Application

10.1.1.3 Rest of SAM: Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1 Rest of SAM: Food Service Packaging Market, by Material

10.1.1.3.2 Rest of SAM: Food Service Packaging Market, by Packaging Type

10.1.1.3.3 Rest of SAM: Food Service Packaging Market, by Application

11. Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 New Product Development

11.4 Merger and Acquisition

12. Company Profiles

12.1 Amcor PLC

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Berry Global Inc.

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Huhtamaki

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 WestRock Company

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Sealed Air

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Ball Corporation

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Graphic Packaging Holding Company

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 BeGreen Packaging

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 Stora Enso

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

13. Appendix

13.1 About the Insight Partners

13.2 Glossary

LIST OF TABLES.

Table 1.             SAM Food Service Packaging Market –Revenue and Forecast to 2028 (US$ Million)

Table 2.             Brazil Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (USD Million)

Table 3.             Brazil Food Service Packaging Market, by Packaging Type – Revenue and Forecast to 2028 (USD Million)

Table 4.             Brazil Food Service Packaging Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 5.             Argentina Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (USD Million)

Table 6.             Argentina Food Service Packaging Market, by Packaging Type – Revenue and Forecast to 2028 (USD Million)

Table 7.             Argentina Food Service Packaging Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 8.             Rest of SAM Food Service Packaging Market, by Material – Revenue and Forecast to 2028 (USD Million)

Table 9.             Rest of SAM Food Service Packaging Market, by Packaging Type – Revenue and Forecast to 2028 (USD Million)

Table 10.          Rest of SAM Food Service Packaging Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 11.          Glossary of Terms

The List of Companies - South America Food Service Packaging Market

● Amcor PLC  

● Ball Corporation

● BeGreen Packaging  

● Berry Global Inc.

● Graphic Packaging Holding Company

● Huhtamaki

● Sealed Air

● Stora Enso  

● WestRock Company

Reason To Buy

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the SAM food service packaging market.

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the SAM food service packaging market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the food service packaging market as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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