Raising Recognition of Packaged Food Boosting the Growth of the International Fresh Food Packaging
Fresh food packaging protects food from ecological problems and physical damage; it provides customers with information pertaining to the components as well as dietary worth; and also even more notably, it assists maintain the quality of food according to the predetermined requirements. Fresh food product packaging is made from materials such as polyethylene, paper, aluminum, BOPET (Biaxially-oriented polyethylene terephthalate), as well as poly-vinyl chloride. The global fresh food packaging sector mostly handles meat & meat items, fruits, vegetables, and fish and shellfish.
The fresh food packaging market has actually been expanding according to the product packaging market. With boosting awareness concerning international warming and also issues concerning the environment, the product packaging market is opting for environment-friendly techniques of packaging such as the use of recyclable product packaging product, which has had an influencing effect on the marketplace for worldwide fresh food product packaging in terms of increasing the need of packaged fresh food.
The worldwide fresh food packaging market is predicted to reach USD 95.91 Billion by 2020, at a CAGR of 3.38% from 2015 to 2020, which signifies a steady increase in the demand for packaged food.The worldwide 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 indicates a constant rise in the demand for packaged food.
Growth Vehicle drivers:.
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Need for Convenience Food.
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Shelf Life Extension of Fresh Food.
Opportunities:.
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Advancements in Eco-Friendly Product Packaging.
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Customer Recognition Concerning Health Worries Impact the Market.
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Major Application Area:.
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Meat & meat products.
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Vegetables.
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Seafood.
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Fruits.
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Others (dairy products as well as chicken).
The principals out there are Amcor Limited (Australia), Coveris Holdings S.A (UNITED STATE), Smurfit Kappa Group (Ireland), E. I. du Pont de Nemours and also Firm (UNITED STATE), Mondi Plc (South Africa), Bemis Company, Inc. (U.S.), International Paper Firm (UNITED STATE), D.S. Smith Plc (U.K.), Silgan holdings Inc. (UNITED STATE), RockTenn Firm (UNITED STATE), and also Sealed Air Company (U.S.).
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