Top 6 Food Packaging Companies in the World

The global food packaging market reached US$ 385.1 Billion in 2023. The market is primarily driven by the escalating sales of ready-to-eat (RTE) food items due to changing consumer dietary preferences. Moreover, the expanding working population with busy schedules, hectic lifestyles, and inflating expenditure capacities is further contributing to the growing consumption of fast food. Besides this, the rising adoption of food packaging as a modern branding and marketing tool and as a medium for conveying essential information to consumers, such as the nutritional content, expiration and manufacturing date, and price of packaged products, is propelling the market growth. 

As per the analysis by IMARC Group, the top food packaging companies are introducing innovative packaging solutions that prolong the shelf life of packaged products. They are also offering lightweight product variants to lower transportation costs and related emissions. Furthermore, the leading manufacturers are developing eco-friendly packaging options, including thermoplastics and bio-based plastics, produced using sustainable materials that can be easily recycled, reused, and renewed. This, coupled with the advent of novel packaging technologies, such as active, intelligent, and bioactive packaging that enables flexible packaging, extends the lifespan, preserves quality, and maintains the freshness of food items, is creating a positive outlook for the market. Besides this, the launch of anti-microbial food packaging solutions, extensive investments in research and development (R&D) activities, and continual technological advancements are other factors propelling the market growth. Looking forward, IMARC Group expects the market to reach US$ 611.6 Billion by 2032, exhibiting a CAGR of 5.1% during the forecast period (2024-2032). 

Learn about opportunities, challenges, and trends in the global Food Packaging market with IMARC’s market research report. Try a free sample today!

List of Top Companies Operating in the Food Packaging Industry Worldwide:

The global food packaging market has several major players, including Amcor PLC, Crown Holdings Incorporated, Owens-Illinois Inc., Tetra Pak Ltd., American Packaging Corporation, and Ball Corporation. More information about these companies has been provided below. 

1. Amcor PLC

Amcor PLC is a worldwide leader in the development and manufacturing of high-quality and responsible packaging solutions for food and beverage, pharmaceutical, home and personal care, medical, pet care, and other packaging applications. It mainly produces lightweight, reusable, and recyclable packaging options, as well as products made from recycled content. It also offers a broad range of flexible and rigid packaging, specialty cartons, closures, and related services. With over 48,000 employees working at 250 locations in 40 countries globally, Amcor generates an annual sales revenue of around US$ 13 Billion.

2. Crown Holdings Incorporated

Crown Holdings Incorporated is primarily engaged in designing, manufacturing, and selling packaging solutions and equipment for consumer and industrial products. For consumer goods, the company offers a range of packaging solutions, including steel and aluminum cans for food and beverages, household and other consumer goods, glass bottles for beverages, metal vacuum closures, and steel crowns sold via the company’s sales organization to the soft drink, food, citrus, brewing, household products, and personal care industries. For industrial products, Crown provides steel and plastic strap consumables and equipment, paper-based protective packaging, and plastic film consumables and equipment sold to metals, food and beverage, construction, agricultural, corrugated, and general sectors. At present, the company owns and operates over 192 manufacturing plants and sales and service facilities in more than 39 countries, employing around 33,000 individuals worldwide.

3. O-I Glass, Inc. (Owens-Illinois Inc.)

O-I Glass, Inc., formerly Owens-Illinois Inc., is one of the leading global manufacturers of packaging products, specializing in glass bottles and jars. It is also the preferred partner for many top food and beverage brands across the world. It offers glass containers and packaging for alcoholic beverages, such as beer, spirits, and wine, as well as for food products, including soft drinks, teas, and juices. The company also collaborates with customers to develop unique and innovative packaging solutions. Currently, O-I Glass sells its products in America, Europe, and Asia Pacific and operates more than 72 plants in 20 countries, employing around 26,500 people worldwide. 

4. Tetra Pak Ltd.

Tetra Pak Ltd. is one of the leading providers of food processing and packaging solutions across the globe. It offers packaging equipment and containers for liquid food products and a range of processing and packaging technologies for use with numerous products, including fruits, vegetables, ice cream, cheese, dry foods, and pet food. The company also delivers a wide range of carton packaging solutions for refrigerated, non-refrigerated, and particulate foods, processing and distribution equipment, automation, environmental improvement, installation, maintenance, and training programs.

5. American Packaging Corporation

American Packaging Corporation is a family-owned flexible packaging converter and a prominent leader in the North American packaging industry. It specializes in flexographic and rotogravure printing, multi-ply extrusion, adhesive lamination of film, paper, and foil, and pouch and bag fabrication to meet the requirements of numerous industry verticals. The company also offers flexible and specialty packaging solutions as well as printing and lamination services to its clients. Currently, APC mainly serves the labeling, medical, personal care, household, pet food, agricultural, chemical, lawn and garden, and food and beverage markets.

6. Ball Corporation

Ball Corporation manufactures and supplies innovative and sustainable packaging solutions and containers for beverages, personal care and household products, and aerospace, other technologies, and services to commercial and governmental markets. It mainly operates through business segments, including Beverage Packaging North and Central America; Beverage Packaging Europe; Beverage Packaging South America; Food and Aerosol Packaging Aerospace; and others. The company specializes in aluminum beverage packaging, aluminum aerosol packaging, and aerospace, other technologies and services.

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