The demand for organic food products packaging is directly proportional to the demand for organic food products. Where the demand is high for organic food, the demand for organic packaging will be high.
The term “Organic Food” refers to the food that is produced by methods that comply with the standards of organic farming. Organic farming was originated early in the 20th century; it is a method of producing crops without using pesticides, genetically modified organisms, fertilizers, and growth hormones. Due to this, organic farming and the products that are obtained from organic farming i.e., “organic products” are considered harmless and healthier than conventional products.
The term organic has created a buzz among the consumers as it ensures the healthy product, which is free from chemicals. The consumers in North America and the European regions are more inclined toward organic food products as they are becoming more aware of what they are consuming. In addition, the demand for organic products is high in North America and the European region compared to the other region; because the price of organic food is nearly threefold compared to its non-organic counterpart, and the consumers in the regions such as Asia-Pacific are quite price-sensitive. However, the trend in North America and Europe is different; people in these regions are willing to pay more for the products which are organic and natural.
According to the Research Institute of Organic Agriculture (FiBL), the global organic food market was around USD 111 billion in 2018 and has grown around 55% from 2009. According to the FiBL, top markets for organic food are North America and Europe. Top 3 markets in the organic food are the U.S. ( contributed USD 46.4 billion), Germany(contributed USD 12.5 billion), and France (contributed USD 10.4 billion) in 2018.
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As the top markets for organic food are North America and Europe, the demand for the packaging for organic food is also high in these regions. Market actors can focus on these regions to increase their sales.
Organic Food Products Packaging Market: Prominent Players
Prominent players operating in the organic food products packaging market include Amcor (Australia), Mondi Group (Austria), Sealed Air Corporation (the U.S.), Ball Corporation (the U.S.), Tetra Pak (Sweden), Crown Holdings Inc. (the U.S.), BASF (Germanys), Huhtamaki Oyj (Finland), Westrock (the U.S.), Smurfit Kappa (Ireland), Sonoco Products Company (the U.S.), Evergreen packaging (the U.S.), Elopak (Norway), Winpak Ltd. (Canada), Berry Global (the U.S.), Printpak (the U.S.), Paperfoam (The Netherlands), Sustainable Packaging Industries (the U.S.), GWP (England), Swed brand Groups (Hong Kong), among others.
Organic Food Products Packaging Market: Segmentation
By Packaging Type
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* Customer Behaviour Analysis
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