Key factors that influence the success of plant-based food
With plant-based and flexitarian diets growing in popularity across many parts of the world, food manufacturers are asking the question: how can we make the best out of our plant-based products?
After a bumpy ride in 2023, GlobalData analysis shows the long-term prospects of the market are healthy but brands must innovate to take advantage of demand in a tricky market.
GlobalData's latest report brings together multiple data sources to provide a comprehensive overview of global packaging in the food industry. It includes an overview of the packaging industry at the global and regional level. In 2023, dairy & soy food accounted for the highest food packaging market share. A growing demand for flexible packaging materials in the dairy & soy food sector will lead rigid plastics to lose market share during the forecast period (2023-2028).
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