Boosting Understanding of Packaged Food Increasing the Growth of the International Fresh Food Packaging
Fresh food product packaging shields food from environmental problems and also physical damage; it provides customers with information pertaining to the ingredients and nutritional value; as well as even more significantly, it aids preserve the top quality of food according to the established criteria. Fresh food product packaging is made from materials such as polyethylene, paper, aluminum, BOPET (Biaxially-oriented polyethylene terephthalate), and poly-vinyl chloride. The global fresh food packaging market mostly handles meat & meat products, fruits, veggies, and seafood.
The fresh food packaging market has actually been expanding in accordance with the product packaging industry. With enhancing awareness regarding worldwide warming as well as problems concerning the atmosphere, the packaging market is opting for green strategies of packaging such as making use of recyclable packaging product, which has had an influencing impact on the market for worldwide fresh food product packaging in regards to increasing the need of packaged fresh food.
The international fresh food product packaging market is projected to get to USD 95.91 Billion by 2020, at a CAGR of 3.38% from 2015 to 2020, which represents a consistent rise in the need for packaged food.The international fresh food 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 stable increase in the demand for packaged food.
Growth Vehicle drivers:.
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Demand for Convenience Food.
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Service Life Expansion of Fresh Food.
Opportunities:.
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Advancements in Eco-Friendly Packaging.
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Customer Understanding Regarding Wellness Issues Influence the Market.
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Major Application Location:.
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Meat & meat items.
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Vegetables.
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Fish and shellfish.
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Fruits.
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Others (dairy as well as chicken).
The principals on the market are Amcor Limited (Australia), Coveris Holdings S.A (U.S.), Smurfit Kappa Group (Ireland), E. I. du Pont de Nemours and also Business (U.S.), Mondi Plc (South Africa), Bemis Company, Inc. (U.S.), International Paper Company (UNITED STATE), D.S. Smith Plc (U.K.), Silgan holdings Inc. (U.S.), RockTenn Company (UNITED STATE), as well as Sealed Air Firm (U.S.).
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