Increasing demand for convenience packaging, forcing vendors to develop innovative packaging solutions, is an emerging trend in the food packaging market which is projected to grow at a CAGR of 4 percent through 2019, according to a new report “Global Food Packaging Market 2015 – 2019” conducted by SandlerResearch.org
According to the report, growth in urban population and the resultant increase in demand for processed and prepared food have a significant impact on the growth of the market. Further, the report states that one of the challenges faced by the market is contamination of packaged food. Chemicals used in packaging materials may contaminate the food products stored in them. Increasing cost pressures also put considerable strain on vendors in the market.