Increasing Understanding of Packaged Food Enhancing the Development of the Global Fresh Food Product Packaging
Fresh food packaging protects foodstuff from ecological conditions and also physical damages; it provides consumers with info regarding the ingredients and dietary worth; and also even more importantly, it helps maintain the high quality of food according to the predetermined requirements. Fresh food product packaging is made from products such as polyethylene, paper, aluminum, BOPET (Biaxially-oriented polyethylene terephthalate), as well as poly-vinyl chloride. The international fresh food product packaging industry mostly sells meat & meat products, fruits, veggies, as well as seafood.
The fresh food packaging market has been expanding according to the product packaging sector. With increasing awareness about international warming and problems regarding the atmosphere, the packaging industry is opting for environmentally friendly strategies of product packaging such as making use of recyclable packaging product, which has had an influencing influence on the market for international fresh food product packaging in terms of raising the demand of packaged fresh food.
The global fresh food 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 demand for packaged food.The global fresh food packaging market is projected to get to USD 95.91 Billion by 2020, at a CAGR of 3.38% from 2015 to 2020, which indicates a steady rise in the need for packaged food.
Growth Drivers:.
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Need for Convenience Food.
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Life Span Extension of Fresh Food.
Opportunities:.
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Innovations in Eco-Friendly Product Packaging.
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Consumer Understanding About Health Worries Impact 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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Seafood.
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Fruits.
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Others (milk and also chicken).
The key players in the market are Amcor Limited (Australia), Coveris Holdings S.A (UNITED STATE), Smurfit Kappa Group (Ireland), E. I. du Pont de Nemours and Company (UNITED STATE), Mondi Plc (South Africa), Bemis Company, Inc. (UNITED STATE), International Paper Business (UNITED STATE), D.S. Smith Plc (U.K.), Silgan holdings Inc. (UNITED STATE), RockTenn Business (UNITED STATE), as well as Sealed Air Firm (UNITED STATE).
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