Food market is growing, so good news for the packaging
![](/content/dam/ipackima/asset/resources/caffè%20ima%20300x200.png)
There is no market segment that is not growing, looking at European and global food data. Starting from rice and cereals, for example, the EU market sees a CAGR forecast of + 1.7% in the period 2021-2025, strengthened to 2.8% if we look at the world market, confirmed by a solid + 2.3 in Italy. A consistent trend, albeit with less significant performances, for sugar and coffee. On the first front, in fact, + 1.4% in Europe was added to + 1.2% worldwide and a more contained + 0.3% in Italy. Similar values for coffee, which will experience a +1.8% growth on a global scale, reduced, but with a positive sign, to +1.2 in Europe and +1.1 in the Italian market (Source: Ipack Ima Business Monitor in cooperation with MECS).
The positive trend in the food sector only strengthens the business prospects for packaging machine manufacturers; the figures just published by Ucima, show a return to pre-covid performance, with a positive sign for both the domestic market (+18%) and exports (+5%) and a 2022 with 7 months of production already assured for an overall turnover of over 8 billion, up 8% compared to the result recorded in 2020 (Source: Ucima).
![](/content/dam/ipackima/asset/components/row-main-news/ITENEcompostability.jpeg)