Enhancing Recognition of Packaged Food Boosting the Growth of the International Fresh Food Product Packaging
Fresh food product packaging shields food from ecological conditions and physical damages; it gives consumers with details pertaining to the ingredients and also nutritional value; and more notably, it assists preserve the high quality of food according to the predetermined requirements. Fresh food product packaging is made from materials such as polyethylene, paper, light weight aluminum, BOPET (Biaxially-oriented polyethylene terephthalate), and also poly-vinyl chloride. The global fresh food packaging industry mainly deals in meat & meat items, fruits, veggies, and seafood.
The fresh food packaging market has actually been expanding according to the packaging market. With enhancing awareness about global warming and concerns concerning the environment, the packaging sector is selecting green methods of product packaging such as making use of recyclable packaging product, which has had an influencing impact on the market for worldwide fresh food product packaging in regards to boosting the need of packaged fresh food.
The international 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 signifies a stable boost in the need for packaged food.The worldwide fresh food product packaging market is predicted to get to USD 95.91 Billion by 2020, at a CAGR of 3.38% from 2015 to 2020, which signifies a stable increase in the need for packaged food.
Growth Chauffeurs:.
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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 Packaging.
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Consumer Recognition Regarding Health Concerns Influence the Market.
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Significant 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 and also poultry).
The principals in the market are Amcor Limited (Australia), Coveris Holdings S.A (U.S.), Smurfit Kappa Team (Ireland), E. I. du Pont de Nemours and also Business (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 Firm (UNITED STATE), and Sealed Air Company (UNITED STATE).
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