Increasing Understanding of Packaged Food Increasing the Development of the International Fresh Food Product Packaging
Fresh food packaging shields food from ecological conditions as well as physical damages; it provides consumers with info regarding the active ingredients as well as dietary value; and also more significantly, it aids maintain the top quality of food as per the established criteria. Fresh food packaging is made of products such as polyethylene, paper, light weight aluminum, BOPET (Biaxially-oriented polyethylene terephthalate), and poly-vinyl chloride. The worldwide fresh food packaging industry mostly handles meat & meat products, fruits, veggies, as well as seafood.
The fresh food packaging market has been expanding in accordance with the product packaging market. With raising awareness about global warming and issues concerning the setting, the product packaging market is selecting environmentally friendly techniques of product packaging such as making use of recyclable packaging material, which has had an influencing impact on the marketplace for international fresh food product packaging in terms of raising 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 indicates a consistent rise in the demand for packaged food.The global fresh food packaging market is forecasted to get to USD 95.91 Billion by 2020, at a CAGR of 3.38% from 2015 to 2020, which indicates a stable boost in the demand for packaged food.
Growth Motorists:.
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Need for Convenience Food.
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Life Span Extension of Fresh Food.
Opportunities:.
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Innovations in Eco-Friendly Packaging.
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Customer Awareness Concerning Wellness Problems 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 (milk as well as poultry).
The key players in the marketplace are Amcor Limited (Australia), Coveris Holdings S.A (UNITED STATE), Smurfit Kappa Team (Ireland), E. I. du Pont de Nemours and Firm (UNITED STATE), Mondi Plc (South Africa), Bemis Firm, Inc. (U.S.), International Paper Company (UNITED STATE), D.S. Smith Plc (U.K.), Silgan holdings Inc. (UNITED STATE), RockTenn Firm (U.S.), and Sealed Air Firm (UNITED STATE).
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