Increasing Awareness of Packaged Food Boosting the Growth of the Global Fresh Food Packaging
Enhancing Recognition of Packaged Food Increasing the Growth of the Global Fresh Food Packaging
Fresh food packaging shields food products from environmental problems and physical damages; it provides customers with details relating to the active ingredients and nutritional worth; as well as more importantly, it aids keep the top quality of food according to the predetermined standards. Fresh food packaging is made of products such as polyethylene, paper, aluminum, BOPET (Biaxially-oriented polyethylene terephthalate), as well as poly-vinyl chloride. The worldwide fresh food packaging industry mainly handles meat & meat products, fruits, vegetables, and fish and shellfish.
The fresh food product packaging market has actually been expanding based on the product packaging market. With increasing understanding about worldwide warming and also problems about the atmosphere, the packaging industry is selecting eco-friendly strategies of product packaging such as using recyclable product packaging product, which has had an influencing impact on the market for global fresh food packaging in regards to raising the need of packaged fresh food.
The worldwide 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 represents a steady rise in the demand for packaged food.The worldwide fresh food packaging market is forecasted to get to USD 95.91 Billion by 2020, at a CAGR of 3.38% from 2015 to 2020, which signifies a consistent rise in the need for packaged food.
Growth Drivers:.
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Need for Convenience Food.
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Shelf Life Expansion of Fresh Food.
Opportunities:.
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Technologies in Eco-Friendly Packaging.
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Customer Recognition Regarding Health And Wellness Problems Impact the marketplace.
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Significant Application Area:.
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Meat & meat products.
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Vegetables.
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Seafood.
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Fruits.
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Others (milk and also fowl).
The key players in the market are Amcor Limited (Australia), Coveris Holdings S.A (UNITED STATE), Smurfit Kappa Group (Ireland), E. I. du Pont de Nemours as well as Firm (UNITED STATE), Mondi Plc (South Africa), Bemis Firm, Inc. (UNITED STATE), International Paper Company (UNITED STATE), D.S. Smith Plc (U.K.), Silgan holdings Inc. (U.S.), RockTenn Firm (UNITED STATE), and also Sealed Air Firm (U.S.).
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