Raising Awareness of Packaged Food Boosting the Growth of the Worldwide Fresh Food Product Packaging
Fresh food packaging secures food from ecological conditions as well as physical damages; it provides customers with information concerning the active ingredients and nutritional worth; and even more significantly, it assists maintain the top quality of food as per the fixed requirements. Fresh food product packaging is made from products such as polyethylene, paper, light weight aluminum, BOPET (Biaxially-oriented polyethylene terephthalate), and also poly-vinyl chloride. The global fresh food packaging sector mainly handles meat & meat items, fruits, veggies, and fish and shellfish.
The fresh food packaging market has been growing in accordance with the packaging industry. With increasing recognition about global warming and also issues regarding the environment, the packaging sector is opting for environment-friendly techniques of product packaging such as making use of recyclable product packaging material, which has had an influencing impact on the marketplace for global fresh food packaging in terms of raising the need of packaged fresh food.
The global 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 symbolizes a stable increase in the need for packaged 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 represents a constant rise in the demand for packaged food.
Growth Vehicle drivers:.
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Need for Fast Food.
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Shelf Life Extension of Fresh Food.
Opportunities:.
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Innovations in Eco-Friendly Product Packaging.
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Customer Recognition Regarding Wellness Concerns Influence the Market.
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Significant Application Area:.
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Meat & meat items.
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Vegetables.
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Seafood.
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Fruits.
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Others (dairy and also chicken).
The key players out there are Amcor Limited (Australia), Coveris Holdings S.A (UNITED STATE), Smurfit Kappa Group (Ireland), E. I. du Pont de Nemours and also Company (UNITED STATE), Mondi Plc (South Africa), Bemis Business, Inc. (UNITED STATE), International Paper Firm (UNITED STATE), D.S. Smith Plc (U.K.), Silgan holdings Inc. (U.S.), RockTenn Firm (U.S.), and Sealed Air Company (U.S.).
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