The future is bright for the snack foods market, according to PMMI Business Intelligence’s “2024 Snack Foods Packaging Trends” report.
In a survey of snack producers conducted for the report, respondents say they are optimistic about their company’s future investments in snack foods packaging and processing machinery.
Only 6% of respondents feel any level of pessimism about their machinery investment outlook, while 80% are optimistic at some level. Over a quarter (26%) are very optimistic about their outlook.
More Productivity on the Way in the Snack Foods Market
Future optimism in snack foods machinery investments is primarily fueled by an anticipated increase in productivity and secondarily by new products coming into the marketplace.
Most respondents say increased productivity is a main driver of optimism for their future machinery investments.PMMI Business Intelligence: 2024 Snack Foods Packaging Trends
SOURCE: PMMI Business Intelligence: 2024 Snack Foods Packaging Trends
For more insights from PMMI’s Business Intelligence team, find reports, including “2024 The AI Advantage in Equipment: Boosting Performance and Bridging Skills Gap” and “2024 Trends in Remote Services and Monitoring” at pmmi.org/business-intelligence.
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