Boosting Awareness of Packaged Food Improving the Growth of the International Fresh Food Product Packaging
Fresh food packaging shields food from environmental conditions as well as physical damages; it supplies consumers with info concerning the ingredients as well as nutritional value; and more importantly, it helps keep the top quality of food based on the fixed standards. Fresh food packaging is made from products such as polyethylene, paper, aluminum, BOPET (Biaxially-oriented polyethylene terephthalate), and poly-vinyl chloride. The international fresh food packaging industry mostly handles meat & meat products, fruits, veggies, and fish and shellfish.
The fresh food packaging market has actually been growing according to the packaging industry. With enhancing understanding concerning worldwide warming as well as concerns concerning the setting, the packaging sector is choosing environment-friendly techniques of packaging such as using recyclable packaging product, which has had an influencing effect on the market for global fresh food 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 represents a stable boost 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 stable boost in the need for packaged food.
Growth Chauffeurs:.
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Demand for Fast Food.
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Shelf Life Expansion of Fresh Food.
Opportunities:.
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Advancements in Eco-Friendly Product Packaging.
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Consumer Awareness Concerning Wellness Concerns Influence the Market.
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Major Application Location:.
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Meat & meat items.
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Veggies.
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Fish and shellfish.
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Fruits.
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Others (milk and fowl).
The key players on the market are Amcor Limited (Australia), Coveris Holdings S.A (U.S.), Smurfit Kappa Group (Ireland), E. I. du Pont de Nemours and Company (UNITED STATE), Mondi Plc (South Africa), Bemis Firm, Inc. (U.S.), International Paper Business (UNITED STATE), D.S. Smith Plc (U.K.), Silgan holdings Inc. (U.S.), RockTenn Business (UNITED STATE), and Sealed Air Firm (UNITED STATE).
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