Increasing Awareness of Packaged Food Enhancing the Growth of the International Fresh Food Product Packaging
Fresh food packaging safeguards foodstuff from ecological problems and also physical damage; it provides consumers with info concerning the active ingredients as well as dietary value; as well as more significantly, it aids keep the high quality of food as per the established standards. Fresh food product packaging is made of materials such as polyethylene, paper, light weight aluminum, BOPET (Biaxially-oriented polyethylene terephthalate), and also poly-vinyl chloride. The international fresh food packaging industry mainly handles meat & meat products, fruits, vegetables, as well as fish and shellfish.
The fresh food product packaging market has been expanding in accordance with the packaging market. With raising awareness about global warming and also issues concerning the setting, the product packaging sector is going with environmentally friendly methods of packaging such as the use of recyclable packaging material, which has had an influencing impact on the market for worldwide fresh food packaging in regards to increasing the demand of packaged fresh food.
The worldwide fresh food product packaging market is projected to get to USD 95.91 Billion by 2020, at a CAGR of 3.38% from 2015 to 2020, which represents a consistent boost in the demand for packaged food.The international 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 steady increase in the need for packaged food.
Development Vehicle drivers:.
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Need for Fast Food.
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Life Span Expansion of Fresh Food.
Opportunities:.
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Advancements in Eco-Friendly Packaging.
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Customer Awareness Regarding Health Issues Influence the marketplace.
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Significant Application Area:.
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Meat & meat items.
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Vegetables.
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Fish and shellfish.
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Fruits.
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Others (dairy products and fowl).
The key players in the market are Amcor Limited (Australia), Coveris Holdings S.A (UNITED STATE), Smurfit Kappa Group (Ireland), E. I. du Pont de Nemours and also Company (U.S.), Mondi Plc (South Africa), Bemis Business, Inc. (UNITED STATE), International Paper Company (U.S.), D.S. Smith Plc (U.K.), Silgan holdings Inc. (UNITED STATE), RockTenn Business (UNITED STATE), as well as Sealed Air Corporation (U.S.).
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