According to the research report titled, ‘Global Edible Oil Packaging Market Size study, by Packaging Type (Bottles, Pouches, Jerry Cans, Cans, Drums, Bag in Box, Others), By Material (Plastic, Glass, Metal),By Capacity (50 to 500 ml, 501 to 1000 ml, 1001 to 5000 ml, above 5000 ml), By Oil Type (Soybean Oil, Coconut Oil, Olive Oil, Cottonseed Oil, Sunflower seed Oil, Peanut Oil, Mustard oil, Others) and Regional Forecasts 2021-2027,’ available with MarketStudyReport, global edible oil packaging market is anticipated to amass notable gains during 2021-2027.
 

Rapid expansion of the food sector and surging demand for food products with added preservatives for longer shelf life are the factors propelling the growth of global edible oil packaging market.
 

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In additional, changing food habits and escalating demand for ready-to-eat meals to cope up with busy schedule are positively swaying the industry dynamics. In 2019 for instance, Brazilian food processing company Seara Alimentos LTDA introduced its low-sodium, low-calorie, preservative free ready to eat meals range named Seara Rotisserie Fit.
 

Also, increasing government initiatives like reduction of tariff for export and import of oils and categorizing it under the list of essential consumables are augmenting market outlook. On the contrary, rising concerns regarding low tensile strength of the packaging products over traditional plastics could hamper the remuneration scope of this marketplace in the ensuing years.
 

By type, global edible oil packaging market is split into pouches, bottles, cans, jerry cans, drums, bag in box, and others.
 

In terms of material, the industry vertical is segmented into glass, plastic, metal (aluminum), and paper, whereas, bifurcation based on capacity includes 50 to 500 ml, 501 to 1000 ml, 1001 to 5000 ml, and above 5000 ml.
 

On the basis of oil type, the market is fragmented into coconut oil, soybean oil, cottonseed oil, sunflower seed oil, olive oil, mustard oil, peanut oil, and others.
 

Regionally speaking, Asia Pacific presently holds a substantial share in the overall market owing to increasing production of edible oil in the region. Meanwhile, Europe market is projected to expand notably over 2021-2027 due to high demand for edible oil packaging.
 

Key players operating in global edible oil packaging market are Amcor plc, Technocan S.A., The Smurfit Kappa Group plc, DS Smith plc, Sealed Air Corporation, Crown Holdings Inc., Glenroy Inc., Scholle Ipn Corporation, Berry Global Inc., and Tetra Pak International S.A.