Due to slow development in the world’s dairy production and an imbalanced supply and demand, the market for the packaging of dairy products has experienced erratic growth in recent years. Producers are hesitant to make new investments since the abundance of milk in powder form keeps overall profitability margins low.
Producers are attempting to differentiate their products through packaging, according to recent trends in the global dairy market. Present-day container options for dairy products frequently include eye-catching chick designs and aseptic elements. End users are investing in innovative dairy product packaging solutions as a result of the intense rivalry in key markets including Japan and the rest of Asia-Pacific, Western Europe, and North America.
Dairy product packaging manufacturers have launched cutting-edge packaging products in response to the changing dynamics of the dairy business. The need for flexible packaging is expanding globally. The strict laws governing the packaging and labelling of dairy products in nations like the European Union, the United States, and Japan are severely restricting the market for dairy products worldwide.
The dairy sector is seasonal and cyclical worldwide. In general, the packaging of dairy products falls into seven categories: liquid cartons, bottles & jars, pouches, cans & jerry cans, cups & tubs, folding cartons, films & wraps, and alternative packaging formats.
Dairy Products Packaging Demand Analysis (2015 to 2021) Vs Market Outlook (2022 to 2030)
The primary driver propelling the global dairy products packaging market is the increase in aseptic packaging demand. Several dairy goods, especially liquid dairy products, benefit from innovative aseptic packaging by having longer shelf lives.
Globally, consumers are paying more attention to improved dairy product shelf life and food safety. The share of flexible packaging in the worldwide dairy products packaging market is rising as a result of growing global demand for environmentally friendly aseptic packaging. Liquid cartons, pouches, cups, bottles, jars, metal, plastic, and composite cans are only a few examples of aseptic packaging types.
Packaging in dairy and other food goods is becoming more and more prevalent as modern retail outlets like supermarkets, hypermarkets, convenience stores, discounters, and others become more prevalent worldwide. As a result, there is an increase in demand for dairy product packaging. Sales of dairy product packaging are predicted to create revenues worth US$ 30.3 billion during the forecast period, growing at a CAGR of 4.5%.
What’s with Choice of Packaging?
To be favoured is Flexible Packaging.
Flexible packaging is chosen because it is lighter and more compact than rigid packaging, despite rigid packaging having advantages such as excellent resistance to oxygen, moisture, and light. The biggest demand for dairy product packaging is anticipated over the projection period due to the excellent performance offered by retortable containers. Flexible packaging is the one that is prone to the most advancements out of the two.
Region-wise Insights
More than 30% of the market is accounted for by North America. This may be attributed to the US population’s rising taste for dairy products such flavoured low-fat yoghurt and flavoured milk. Also, people are becoming more inclined to eat cheese, particularly Italian varieties like parmesan, mozzarella, and provolone.
Slices of packaged cheese are also consumed in significant quantities. For identical reasons, Europe is seeded second. Nonetheless, due to the Gen Z preference for dairy products, including cheese and paneer, the Asia-Pacific is anticipated to rise on an extravagant note in the dairy product packaging market moving future.
These insights are based on a report Dairy Products Packaging Market by Future Market Insights.