Raising Recognition of Packaged Food Increasing the Growth of the Global Fresh Food Product Packaging
Fresh food product packaging secures food products from environmental conditions as well as physical damage; it supplies customers with info relating to the active ingredients and nutritional worth; and more significantly, it helps preserve the quality of food according to the fixed requirements. Fresh food packaging is made from products such as polyethylene, paper, aluminum, BOPET (Biaxially-oriented polyethylene terephthalate), and also poly-vinyl chloride. The global fresh food product packaging industry mainly deals in meat & meat items, fruits, vegetables, as well as fish and shellfish.
The fresh food packaging market has been growing in accordance with the packaging market. With raising awareness about international warming and also problems regarding the setting, the packaging sector is selecting eco-friendly methods of packaging such as the use of recyclable product packaging product, which has had an influencing effect on the market for global fresh food product packaging in terms of enhancing the demand of packaged fresh food.
The international 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 symbolizes a constant increase in the need for packaged food.The global fresh food 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 constant rise in the need for packaged food.
Growth Vehicle drivers:.
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Need for Convenience Food.
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Service Life Expansion of Fresh Food.
Opportunities:.
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Developments in Eco-Friendly Packaging.
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Customer Recognition About Health Concerns Influence the Market.
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Major 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 (dairy products and fowl).
The key players in the market are Amcor Limited (Australia), Coveris Holdings S.A (U.S.), Smurfit Kappa Group (Ireland), E. I. du Pont de Nemours as well as Firm (U.S.), Mondi Plc (South Africa), Bemis Business, Inc. (UNITED STATE), International Paper Company (UNITED STATE), D.S. Smith Plc (U.K.), Silgan holdings Inc. (UNITED STATE), RockTenn Firm (UNITED STATE), and Sealed Air Corporation (UNITED STATE).
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