Global food&beverage thermoformed plastic products market

According to a new market report by Persistence Market Research, the global food & beverage thermoformed plastic products market is estimated to be valued at US$ 11.2 Bn by the end of 2016, increasing at a CAGR of 4.2% over the forecast period (2016–2024). Increasing demand for low-cost, lightweight, and aesthetic packaging, supported by changing consumer preferences is fuelling the demand for thermoformed plastic products in the F&B industry. Thermoformed plastic products provide a germ-free environment for food products and an increasing consumer awareness about food safety and hygiene makes them a good choice for packaging of F&B (Press release Persistence Market Research, 24 October 2016).
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Click here for more information about the report.
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