Food Packaging: Growth Ahead
By Chris Hillman, Executive Search Expert
SearchPath of Chicago, Inc.
Food packaging has a projected market share of 36.1% of the U.S. machinery segment by 2019 (followed by Beverage at 22.7%). Food packaging is also expected to grow at a CAGR of 2.9% from $23.9B in 2012 to $31.7B in 2022. The top trends appear to be:
- Food safety
Some the most forward thinking segments of the industry include snack food, meat & related products, fruits & vegetables and pet food. These trends and segment innovations will be on display during the Pack Expo International with more than 2,100 exhibitors presenting never-before-seen technologies.
It’s clear that the food packaging industry in the U.S. is looking at a substantial growth in the coming years. Is your team ready?
Schedule some time with us during the Pack Expo International to learn how we can help you prepare your team prepare for the growth.
Pack Expo International
November 6-9, 2016
For a further FREE evaluation of your specific hiring process, needs and evaluation please contact: