Raising Recognition of Packaged Food Boosting the Growth of the Global Fresh Food Product Packaging
Fresh food product packaging shields foodstuff from ecological conditions and physical damage; it offers customers with details pertaining to the ingredients as well as dietary worth; and also more importantly, it assists maintain the high quality of food as per the predetermined criteria. Fresh food product packaging is made from products such as polyethylene, paper, aluminum, BOPET (Biaxially-oriented polyethylene terephthalate), and poly-vinyl chloride. The international fresh food product packaging industry generally handles meat & meat items, fruits, vegetables, as well as seafood.
The fresh food packaging market has been expanding according to the packaging industry. With enhancing understanding about global warming and worries about the atmosphere, the packaging market is choosing environmentally friendly strategies of product packaging such as using recyclable packaging material, which has had an influencing effect on the marketplace for international fresh food product packaging in regards to enhancing the need of packaged fresh food.
The worldwide fresh food product packaging market is forecasted to get to USD 95.91 Billion by 2020, at a CAGR of 3.38% from 2015 to 2020, which represents a consistent increase in the need for packaged food.The global 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 symbolizes a steady rise in the demand for packaged food.
Growth Vehicle drivers:.
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Need for Fast Food.
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Service Life Extension of Fresh Food.
Opportunities:.
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Innovations in Eco-Friendly Packaging.
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Customer Understanding Concerning Health And Wellness Concerns Impact the marketplace.
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Major Application Area:.
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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 (dairy and fowl).
The key players in the marketplace 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. (UNITED STATE), International Paper Firm (U.S.), D.S. Smith Plc (U.K.), Silgan holdings Inc. (UNITED STATE), RockTenn Business (U.S.), and Sealed Air Company (UNITED STATE).
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