Snack Food Packaging Industry forecasts to 2010 & 2015

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Snack packaging demand is forecast to exceed $5.6 billion in 2010, with growth fueled by rising snack product shipments, a favorable outlook for disposable personal income and changes in food consumpt
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April 27, 2007 (Press Release) --
Snack Food Packaging Industry forecasts to 2010 & 2015

US demand to exceed $5.6 billion in 2010

Snack packaging demand is forecast to exceed $5.6 billion in 2010, with growth fueled by rising snack product shipments, a favorable outlook for disposable personal income and changes in food consumption patterns. Other important trends include the fading in popularity of low-carb diets and a greater promotion of "whole grain" snacks.

Reported health benefits associated with consumption of snack foods such as dark chocolate and nuts will also stimulate shipments, which will boost packaging demand. While snack packaging demand will benefit from favorable shipment growth, the expanding array of products made in single-size servings for better convenience, portability and portion control will have a greater impact on demand as such products tend to require more packaging relative to their volume.

Savory snacks to exhibit healthy growth prospects

Above-average demand in savory snack applications will be aided by rising product shipments and heightened use of rigid containers for product differentiation and increased portability. Solid prospects for quick casual sandwich restaurants, which sell single-serving bags of chips as side items, will also bode well for related packaging.

Packaging opportunities will also be driven by robust demand for nutrition bars, a result of rising interest in healthier snack alternatives. In addition,

increasingly active lifestyles will drive heightened requirements for convenient and portable meal replacement options, along with related packaging.

Flexible packaging to take further share from rigid

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