Increasing Awareness of Packaged Food Boosting the Growth of the Global Fresh Food Packaging
Enhancing Recognition of Packaged Food Enhancing the Growth of the International Fresh Food Packaging
Fresh food packaging protects food products from ecological conditions as well as physical damages; it gives consumers with details relating to the active ingredients and dietary value; and more notably, it assists preserve the top quality of food based on the predetermined standards. Fresh food product packaging is constructed from products such as polyethylene, paper, light weight aluminum, BOPET (Biaxially-oriented polyethylene terephthalate), as well as poly-vinyl chloride. The worldwide fresh food product packaging market mostly sells meat & meat items, fruits, veggies, as well as fish and shellfish.
The fresh food product packaging market has actually been growing in accordance with the packaging market. With increasing understanding concerning international warming as well as concerns concerning the atmosphere, the product packaging industry is opting for green strategies of packaging such as making use of recyclable product packaging material, which has had an influencing impact on the marketplace for international fresh food product packaging in regards to increasing the demand of packaged fresh 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 consistent increase in the demand for packaged food.The global fresh food product packaging market is forecasted to reach USD 95.91 Billion by 2020, at a CAGR of 3.38% from 2015 to 2020, which represents a steady boost in the demand for packaged food.
Growth Drivers:.
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Demand for Fast Food.
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Shelf Life Expansion of Fresh Food.
Opportunities:.
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Technologies in Eco-Friendly Product Packaging.
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Customer Awareness Concerning Health Problems Influence the marketplace.
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Significant Application Area:.
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Meat & meat items.
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Vegetables.
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Seafood.
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Fruits.
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Others (milk and fowl).
The principals on 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 (U.S.), Mondi Plc (South Africa), Bemis Business, Inc. (U.S.), International Paper Company (U.S.), D.S. Smith Plc (U.K.), Silgan holdings Inc. (UNITED STATE), RockTenn Firm (U.S.), as well as Sealed Air Company (UNITED STATE).
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