European food and drink packaging market to 2020

According to a new report by Smithers Pira, packaged food and drink consumption in Europe is projected to grow by 3% per annum to 953 billion packages by 2020. The growth is driven by continuing growth in retail food packaging as well as a recovery in foodservice packaging markets.
Overall, food and drink consumption increased at an average rate of 1% over the period 2010-2014. Consumption growth for food and alcoholic beverages has been weak, with savoury snacks, baby food, ready meals and chilled foods driving demand with growth of around 2% per annum. The non-alcoholic beverage sector that has performed most strongly, growing by around 3% per annum (News Item Smithers Pira, 20 July 2015).
Click here for the news item.
Click here for more information about the report.
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