Increasing Awareness of Packaged Food Boosting the Growth of the Global Fresh Food Packaging
Increasing Awareness of Packaged Food Improving the Development of the Global Fresh Food Packaging
Fresh food product packaging secures food from environmental conditions and also physical damage; it supplies consumers with details regarding the components and dietary worth; and even more importantly, it helps preserve the quality of food based on the fixed requirements. Fresh food product packaging is made of materials such as polyethylene, paper, aluminum, BOPET (Biaxially-oriented polyethylene terephthalate), as well as poly-vinyl chloride. The worldwide fresh food packaging sector mostly deals in meat & meat products, fruits, veggies, and also fish and shellfish.
The fresh food packaging market has been expanding in accordance with the product packaging sector. With enhancing understanding regarding international warming as well as issues about the setting, the product packaging industry is going with environmentally friendly strategies of product packaging such as making use of recyclable packaging product, which has had an influencing influence on the market for worldwide fresh food product packaging in terms of enhancing the demand of packaged fresh food.
The global fresh food product packaging market is predicted to get to USD 95.91 Billion by 2020, at a CAGR of 3.38% from 2015 to 2020, which signifies a constant rise in the need for packaged food.The international fresh food packaging market is forecasted to reach USD 95.91 Billion by 2020, at a CAGR of 3.38% from 2015 to 2020, which symbolizes a steady increase in the demand for packaged food.
Growth Vehicle drivers:.
Demand for Convenience Food.
Life Span Expansion of Fresh Food.
Developments in Eco-Friendly Packaging.
Consumer Awareness Concerning Wellness Worries Impact the Market.
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Major Application Area:.
Meat & meat products.
Fish and shellfish.
Others (dairy products as well as chicken).
The key players out there are Amcor Limited (Australia), Coveris Holdings S.A (U.S.), Smurfit Kappa Group (Ireland), E. I. du Pont de Nemours and also Firm (U.S.), Mondi Plc (South Africa), Bemis Company, Inc. (UNITED STATE), International Paper Business (U.S.), D.S. Smith Plc (U.K.), Silgan holdings Inc. (U.S.), RockTenn Company (UNITED STATE), and also Sealed Air Company (U.S.).
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