Boosting Awareness of Packaged Food Enhancing the Growth of the Worldwide Fresh Food Packaging
Fresh food packaging shields foodstuff from environmental conditions as well as physical damage; it supplies customers with information concerning the ingredients and nutritional value; as well as even more significantly, it helps keep the high quality of food according to the fixed criteria. Fresh food packaging is constructed 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 mostly deals in meat & meat items, fruits, veggies, as well as seafood.
The fresh food packaging market has been expanding in accordance with the product packaging industry. With boosting understanding about worldwide warming and worries concerning the environment, the product packaging sector is selecting eco-friendly strategies of packaging such as the use of recyclable product packaging material, which has had an influencing impact on the marketplace for international fresh food packaging in terms of increasing the need of packaged fresh food.
The international fresh food packaging market is forecasted to reach USD 95.91 Billion by 2020, at a CAGR of 3.38% from 2015 to 2020, which represents a constant boost in the demand for packaged food.The global fresh food product packaging market is forecasted to reach USD 95.91 Billion by 2020, at a CAGR of 3.38% from 2015 to 2020, which indicates a constant increase in the need for packaged food.
Growth Motorists:.
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Demand for Fast Food.
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Life Span Extension of Fresh Food.
Opportunities:.
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Developments in Eco-Friendly Product Packaging.
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Consumer Understanding About Wellness Issues Influence the Market.
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Major Application Location:.
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Meat & meat products.
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Veggies.
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Fish and shellfish.
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Fruits.
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Others (dairy products as well as chicken).
The key players on the market are Amcor Limited (Australia), Coveris Holdings S.A (UNITED STATE), Smurfit Kappa Group (Ireland), E. I. du Pont de Nemours as well as Company (UNITED STATE), Mondi Plc (South Africa), Bemis Company, Inc. (UNITED STATE), International Paper Company (UNITED STATE), D.S. Smith Plc (U.K.), Silgan holdings Inc. (U.S.), RockTenn Business (U.S.), and Sealed Air Firm (U.S.).
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