Enhancing Awareness of Packaged Food Boosting the Development of the International Fresh Food Packaging
Fresh food packaging protects food from ecological problems and physical damage; it gives customers with details pertaining to the active ingredients as well as nutritional worth; and also more notably, it aids keep the quality of food based on the fixed requirements. Fresh food 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 primarily sells meat & meat products, fruits, vegetables, and fish and shellfish.
The fresh food packaging market has been growing in accordance with the packaging industry. With enhancing awareness concerning global warming and also concerns about the environment, the product packaging sector is choosing green techniques of product packaging such as using recyclable packaging material, which has had an influencing impact on the marketplace for international fresh food product packaging in terms of enhancing the need of packaged fresh food.
The international fresh food product packaging market is predicted to reach USD 95.91 Billion by 2020, at a CAGR of 3.38% from 2015 to 2020, which symbolizes a consistent rise in the need for packaged food.The international 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 signifies a constant increase in the demand for packaged food.
Growth Drivers:.
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Need for Convenience Food.
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Service Life Extension of Fresh Food.
Opportunities:.
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Developments in Eco-Friendly Product Packaging.
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Customer Recognition Concerning Wellness Issues Influence the marketplace.
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Major Application Area:.
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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 and also poultry).
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 Company (UNITED STATE), Mondi Plc (South Africa), Bemis Business, Inc. (UNITED STATE), International Paper Business (UNITED STATE), D.S. Smith Plc (U.K.), Silgan holdings Inc. (UNITED STATE), RockTenn Company (UNITED STATE), and Sealed Air Corporation (UNITED STATE).
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