Report ID: SQMIR20I2262
Report ID:
SQMIR20I2262 |
Region:
Regional |
Published Date: March, 2024
Pages:
202
|
Tables:
89 |
Figures:
76
In 2021, the U.S. made for 70.1% of global revenue. The area has a supportive political environment, good infrastructure, and high-tech equipment, all of which are expected to spur the growth of the packaging sector and, in turn, increase demand in the food and beverage sector. Due to the presence of numerous players, opportunities made possible by government policies, and industrial automation, the food and beverage business is thriving in the U.S. Food preferences have changed as a result of the expanding urban populace, favoring the processing and packaging sector. During the forecast period, this is anticipated to have a favorable effect on this sector.
The country of Canada has an aging population and aging infrastructure, which may encourage business owners to update their food processing machinery with the help of new and cutting-edge technology. In turn, it is predicted that in the upcoming years, demand for these goods in Canada will rise.
Both the food and beverage and the food manufacturing industries are developed in Mexico. During the forecast period, it is anticipated that the sales of these products will increase due to the increasing population and rising food demand.
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Report ID: SQMIR20I2262