Increasing Awareness of Packaged Food Boosting the Growth of the Global Fresh Food Packaging
Increasing Recognition of Packaged Food Increasing the Development of the Worldwide Fresh Food Product Packaging
Fresh food packaging protects food products from ecological conditions as well as physical damage; it offers consumers with information concerning the components and also dietary value; and more significantly, it aids preserve the quality of food based on the predetermined standards. Fresh food packaging is constructed from products such as polyethylene, paper, light weight aluminum, BOPET (Biaxially-oriented polyethylene terephthalate), as well as poly-vinyl chloride. The international fresh food product packaging industry mostly handles meat & meat items, fruits, veggies, as well as fish and shellfish.
The fresh food packaging market has been expanding in accordance with the packaging sector. With raising awareness about global warming and also issues concerning the atmosphere, the packaging market is opting for environment-friendly techniques of packaging such as making use of recyclable packaging material, which has had an influencing effect on the marketplace for global fresh food product packaging in regards to raising the need of packaged fresh food.
The global 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 represents a constant rise in the need for packaged food.The worldwide fresh food packaging market is predicted to reach USD 95.91 Billion by 2020, at a CAGR of 3.38% from 2015 to 2020, which indicates a steady boost in the demand for packaged food.
Growth Motorists:.
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Demand for Convenience Food.
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Shelf Life Extension of Fresh Food.
Opportunities:.
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Developments in Eco-Friendly Product Packaging.
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Customer Understanding About Health And Wellness Issues Influence the Market.
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Significant Application Area:.
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Meat & meat products.
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Veggies.
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Seafood.
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Fruits.
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Others (dairy products and chicken).
The key players in the marketplace are Amcor Limited (Australia), Coveris Holdings S.A (UNITED STATE), Smurfit Kappa Team (Ireland), E. I. du Pont de Nemours and Business (UNITED STATE), Mondi Plc (South Africa), Bemis Company, Inc. (UNITED STATE), International Paper Firm (U.S.), D.S. Smith Plc (U.K.), Silgan holdings Inc. (U.S.), RockTenn Business (U.S.), as well as Sealed Air Corporation (UNITED STATE).
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