Raising Recognition of Packaged Food Enhancing the Development of the Worldwide Fresh Food Packaging
Fresh food product packaging shields food products from environmental problems and physical damages; it provides consumers with info regarding the components and also nutritional value; and also more notably, it assists keep the top quality of food based on the established requirements. Fresh food packaging is made from products such as polyethylene, paper, light weight aluminum, BOPET (Biaxially-oriented polyethylene terephthalate), and also poly-vinyl chloride. The worldwide fresh food packaging market generally deals in meat & meat products, fruits, veggies, as well as seafood.
The fresh food product packaging market has been expanding based on the packaging market. With raising recognition regarding worldwide warming and also issues about the atmosphere, the product packaging sector is selecting environment-friendly strategies of packaging such as making use of recyclable packaging material, which has had an influencing effect on the market for global fresh food packaging in terms of raising the need of packaged fresh food.
The worldwide fresh food packaging market is projected to get to USD 95.91 Billion by 2020, at a CAGR of 3.38% from 2015 to 2020, which symbolizes a constant boost in the need for packaged food.The international fresh food product 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 consistent boost in the need for packaged food.
Development Drivers:.
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Need for Convenience Food.
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Shelf Life Expansion of Fresh Food.
Opportunities:.
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Innovations in Eco-Friendly Product Packaging.
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Customer Recognition Concerning Health 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 (dairy products as well as chicken).
The principals in the market are Amcor Limited (Australia), Coveris Holdings S.A (UNITED STATE), Smurfit Kappa Team (Ireland), E. I. du Pont de Nemours and also Company (U.S.), Mondi Plc (South Africa), Bemis Firm, Inc. (U.S.), International Paper Firm (U.S.), D.S. Smith Plc (U.K.), Silgan holdings Inc. (U.S.), RockTenn Firm (UNITED STATE), as well as Sealed Air Corporation (U.S.).
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