Increasing Awareness of Packaged Food Boosting the Growth of the Global Fresh Food Packaging
Increasing Recognition of Packaged Food Enhancing the Growth of the Worldwide Fresh Food Packaging
Fresh food packaging shields foodstuff from ecological conditions and physical damage; it offers customers with information concerning the ingredients and nutritional worth; as well as even more significantly, it helps maintain the high quality of food as per the fixed requirements. Fresh food product packaging is made from products such as polyethylene, paper, light weight aluminum, BOPET (Biaxially-oriented polyethylene terephthalate), and also poly-vinyl chloride. The global fresh food packaging market mostly deals in meat & meat products, fruits, vegetables, and fish and shellfish.
The fresh food product packaging market has been growing based on the product packaging industry. With increasing recognition concerning international warming and worries concerning the environment, the packaging sector is opting for eco-friendly strategies of product packaging such as using recyclable packaging product, which has had an influencing effect on the marketplace for global fresh food product packaging in regards to raising the demand of packaged fresh food.
The international fresh food product packaging market is forecasted to get to USD 95.91 Billion by 2020, at a CAGR of 3.38% from 2015 to 2020, which represents a stable boost in the need for packaged food.The international fresh food product packaging market is projected to reach USD 95.91 Billion by 2020, at a CAGR of 3.38% from 2015 to 2020, which symbolizes a steady boost in the demand for packaged food.
Growth Vehicle drivers:.
Demand for Fast Food.
Shelf Life Expansion of Fresh Food.
Technologies in Eco-Friendly Packaging.
Customer Recognition Concerning Health And Wellness Concerns Impact the Market.
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Significant Application Area:.
Meat & meat products.
Fish and shellfish.
Others (dairy products as well as fowl).
The key players in the marketplace are Amcor Limited (Australia), Coveris Holdings S.A (U.S.), Smurfit Kappa Team (Ireland), E. I. du Pont de Nemours as well as Company (UNITED STATE), Mondi Plc (South Africa), Bemis Firm, Inc. (UNITED STATE), International Paper Business (U.S.), D.S. Smith Plc (U.K.), Silgan holdings Inc. (UNITED STATE), RockTenn Firm (UNITED STATE), and also Sealed Air Firm (UNITED STATE).
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