Increasing Awareness of Packaged Food Increasing the Growth of the International Fresh Food Product Packaging
Fresh food packaging shields foodstuff from ecological problems and physical damages; it offers customers with info pertaining to the components as well as dietary value; as well as even more significantly, it helps keep the high quality of food based on the predetermined standards. Fresh food product packaging is constructed from products such as polyethylene, paper, aluminum, BOPET (Biaxially-oriented polyethylene terephthalate), and poly-vinyl chloride. The international fresh food product packaging sector mostly sells meat & meat products, fruits, veggies, and also seafood.
The fresh food product packaging market has been growing in accordance with the product packaging market. With raising recognition regarding international warming and also issues concerning the environment, the packaging sector is selecting green strategies of product packaging such as using recyclable product packaging material, which has had an influencing impact on the market for international fresh food packaging in regards to increasing the demand of packaged fresh food.
The global 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 signifies a steady rise in the need for packaged food.The international fresh food packaging market is forecasted to get to USD 95.91 Billion by 2020, at a CAGR of 3.38% from 2015 to 2020, which indicates a constant boost in the need for packaged food.
Growth Drivers:.
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Demand for Convenience Food.
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Shelf Life Extension of Fresh Food.
Opportunities:.
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Developments in Eco-Friendly Packaging.
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Consumer Understanding Regarding Wellness Issues Impact the Market.
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Significant Application Location:.
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Meat & meat items.
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Vegetables.
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Seafood.
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Fruits.
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Others (milk as well as chicken).
The key players in the marketplace are Amcor Limited (Australia), Coveris Holdings S.A (U.S.), Smurfit Kappa Team (Ireland), E. I. du Pont de Nemours and Firm (UNITED STATE), Mondi Plc (South Africa), Bemis Business, Inc. (UNITED STATE), International Paper Firm (U.S.), D.S. Smith Plc (U.K.), Silgan holdings Inc. (UNITED STATE), RockTenn Company (U.S.), and also Sealed Air Firm (UNITED STATE).
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