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Dairy Packaging Market Size To Reach $37.4Mn By 2030

Dairy Packaging Market Size To Reach $37.4 Million By 2030

January 2025 | Report Format: Electronic (PDF)

Dairy Packaging Market Growth & Trends

The global dairy packaging market size is estimated to reach USD 37.4 million by 2030, registering to grow at a CAGR of 2.7% from 2024 to 2030 according to a new report by Grand View Research, Inc. Rising dairy consumption as a result of growing health consciousness among consumers from emerging economies including China and India, are expected to drive the growth.

Rising popularity of packaged dairy products across all retail channels, owing to the increasing population and changing dietary habits, is expected to fuel the demand for dairy packaging. The shifting consumer preference for protein based products in line with the rising health preferences is a key factor driving demand for convenient packaging. Over the years, dairy products, whether low or full-fat, have positioned themselves as a great source of nutrition.

Millennials seek out healthy products and consider dairy as an effective option owing to its health benefits such as boosting bone density, fighting diseases, and improving memory. This factor is poised to drive the demand for dairy packaging. However, the devastating ecological effects plastic packaging are anticipated to propel the usage of eco-friendly packaging materials. Therefore, manufactures are increasingly switching to biodegradable packaging materials to gain consumer trust. For instance, in March 2019, Stanpac Inc., in partnership with Coconut Bliss introduced plant-based packaging for the ice-cream market. The company uses paperboard coated with bio-resin polyethylene, manufactured from sugarcane.

The plastic segment held the largest market share in terms of revenue in 2023. However, rising awareness regarding the hazardous environmental effects of plastics have resulted in high preference for paper and paperboard materials. The material exhibits strong characteristics such as stability, strength, and smoothness of surface for printing. For instance, in November 2018, Copy Center have introduced desert packaging cups for Tnuva’s brand Yolo, which is the largest dairy in Israel. These cups are manufactured using renewable materials of paperboard from Stora Enso’s Cupforma Dairy 2PE board.

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Dairy Packaging Market Report Highlights

The plastic segment accounted for 45.1% of the market revenue in 2023 attributed to the versatility and durability of plastic materials widely used for dairy products such as milk, yogurt, and cheese.
The bottle segment dominated the market in 2023 as bottles are particularly favored for liquid dairy products such as milk, yogurt drinks, and cream due to their durability, ease of handling, and ability to provide excellent protection against contamination.
North America accounted for a significant share of the global dairy packaging market revenue in 2023.