Increasing Recognition of Packaged Food Boosting the Growth of the International Fresh Food Product Packaging
Fresh food packaging safeguards foodstuff from environmental problems as well as physical damages; it gives consumers with information relating to the ingredients as well as nutritional value; and also more importantly, it helps maintain the quality of food based on the fixed criteria. Fresh food product packaging is made of products such as polyethylene, paper, light weight aluminum, BOPET (Biaxially-oriented polyethylene terephthalate), as well as poly-vinyl chloride. The international fresh food packaging market mainly sells meat & meat items, fruits, vegetables, and also seafood.
The fresh food packaging market has actually been expanding according to the product packaging market. With raising understanding concerning international warming as well as issues about the atmosphere, the packaging industry is opting for environment-friendly techniques of packaging such as making use of recyclable product packaging material, which has had an influencing influence on the market for global fresh food product packaging in regards to increasing the need of packaged fresh food.
The worldwide 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 indicates a steady increase in the demand for packaged food.The global fresh food 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 boost in the need for packaged food.
Development Vehicle drivers:.
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Demand for Fast Food.
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Life Span Extension of Fresh Food.
Opportunities:.
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Innovations in Eco-Friendly Packaging.
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Customer Recognition Regarding Health Worries Impact the Market.
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Significant Application Location:.
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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 as well as poultry).
The key players in the marketplace are Amcor Limited (Australia), Coveris Holdings S.A (UNITED STATE), Smurfit Kappa Group (Ireland), E. I. du Pont de Nemours and Business (UNITED STATE), Mondi Plc (South Africa), Bemis Firm, Inc. (U.S.), International Paper Company (U.S.), D.S. Smith Plc (U.K.), Silgan holdings Inc. (U.S.), RockTenn Company (UNITED STATE), as well as Sealed Air Corporation (U.S.).
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