Raising Understanding of Packaged Food Boosting the Development of the Global Fresh Food Product Packaging
Fresh food packaging secures food from ecological problems and physical damage; it offers consumers with information pertaining to the ingredients and dietary worth; and more notably, it helps keep the top quality of food according to the predetermined requirements. Fresh food packaging is made of materials such as polyethylene, paper, aluminum, BOPET (Biaxially-oriented polyethylene terephthalate), and poly-vinyl chloride. The worldwide fresh food product packaging industry mostly sells meat & meat products, fruits, vegetables, and also fish and shellfish.
The fresh food packaging market has actually been growing in accordance with the packaging sector. With enhancing recognition regarding global warming and issues about the environment, the packaging market is selecting environmentally friendly strategies of product packaging such as the use of recyclable product packaging product, which has had an influencing effect on the market for international fresh food product packaging in regards to increasing the demand of packaged fresh food.
The international 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 signifies a constant boost in the need 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 signifies a constant increase in the need for packaged food.
Growth Vehicle drivers:.
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Demand for Convenience Food.
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Service Life Extension of Fresh Food.
Opportunities:.
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Innovations in Eco-Friendly Product Packaging.
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Customer Awareness About Health Concerns Influence the marketplace.
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Significant Application Location:.
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Meat & meat products.
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Veggies.
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Seafood.
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Fruits.
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Others (dairy and also fowl).
The key players in the marketplace are Amcor Limited (Australia), Coveris Holdings S.A (UNITED STATE), Smurfit Kappa Group (Ireland), E. I. du Pont de Nemours as well as Business (UNITED STATE), Mondi Plc (South Africa), Bemis Firm, Inc. (UNITED STATE), International Paper Company (U.S.), D.S. Smith Plc (U.K.), Silgan holdings Inc. (U.S.), RockTenn Company (U.S.), and Sealed Air Company (U.S.).
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