Increasing Awareness of Packaged Food Boosting the Growth of the Global Fresh Food Packaging
Boosting Awareness of Packaged Food Enhancing the Growth of the Global Fresh Food Packaging
Fresh food packaging safeguards food products from ecological problems and also physical damage; it supplies consumers with details concerning the active ingredients and dietary value; and more importantly, it aids keep the quality of food as per the fixed criteria. Fresh food product packaging is made 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 market mainly handles meat & meat products, fruits, veggies, and also seafood.
The fresh food packaging market has been growing based on the product packaging market. With increasing understanding about global warming and also problems regarding the atmosphere, the packaging industry is opting for green techniques of product packaging such as using recyclable packaging material, 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 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 boost in the demand for packaged food.The international fresh food product 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 consistent rise in the need for packaged food.
Growth Drivers:.
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Need for Fast Food.
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Life Span Expansion of Fresh Food.
Opportunities:.
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Developments in Eco-Friendly Packaging.
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Customer Awareness Regarding Health Issues Influence the marketplace.
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Significant Application Location:.
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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 (dairy products 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 (UNITED STATE), Mondi Plc (South Africa), Bemis Firm, Inc. (U.S.), International Paper Firm (U.S.), D.S. Smith Plc (U.K.), Silgan holdings Inc. (U.S.), RockTenn Firm (U.S.), and also Sealed Air Firm (UNITED STATE).
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