Food Packaging Technology and Equipment Market Size, Trends, Growth, Report 2027
Global Food Packaging Technology and Equipment Market is anticipated to grow at a formidable rate and register an impressive CAGR over the forecast period 2023-2027. The flourishing food and beverage industry, along with the growing demand for ready-to-eat and packaged food. In the food packaging industry, filling, bundling, sealing, bagging, cartooning, over-capping, labelling, coding, are some of the operations performed by these machines. The market is further catalysed by the implementation of stringent government rules to develop and maintain a safe and hygienic environment in the food packaging process. The government of several nations are imposing various laws related to food equipment hygiene due the rising cases of food-borne diseases. This in turn is pushing the food manufacturing companies to adopt food equipment and technology, which is providing a positive outlook to the market. Apart from this, the advent of automated technologies such as Internet of Things (IoT) and Big