Increasing Recognition of Packaged Food Increasing the Growth of the International Fresh Food Packaging
Fresh food packaging shields food products from ecological problems and also physical damages; it supplies consumers with info concerning the components and dietary value; and more significantly, it assists keep the top quality of food based on the fixed criteria. Fresh food packaging is made from materials such as polyethylene, paper, light weight aluminum, BOPET (Biaxially-oriented polyethylene terephthalate), and poly-vinyl chloride. The international fresh food packaging sector generally handles meat & meat products, fruits, vegetables, and also seafood.
The fresh food product packaging market has actually been expanding in accordance with the packaging sector. With enhancing understanding regarding global warming and issues concerning the environment, the packaging sector is opting for green strategies of product packaging such as using recyclable product packaging material, which has had an influencing effect on the marketplace for global fresh food packaging in terms of raising the need 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 symbolizes a consistent boost in the demand for packaged food.The international fresh food product packaging market is predicted to get to USD 95.91 Billion by 2020, at a CAGR of 3.38% from 2015 to 2020, which signifies a stable increase in the need for packaged food.
Growth Chauffeurs:.
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Demand for Fast Food.
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Service Life Extension of Fresh Food.
Opportunities:.
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Developments in Eco-Friendly Packaging.
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Consumer Awareness Regarding Health And Wellness Issues Influence the Market.
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Major Application Location:.
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Meat & meat products.
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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 poultry).
The principals in the marketplace are Amcor Limited (Australia), Coveris Holdings S.A (UNITED STATE), Smurfit Kappa Group (Ireland), E. I. du Pont de Nemours and Company (UNITED STATE), Mondi Plc (South Africa), Bemis Business, Inc. (UNITED STATE), International Paper Business (U.S.), D.S. Smith Plc (U.K.), Silgan holdings Inc. (UNITED STATE), RockTenn Company (U.S.), as well as Sealed Air Firm (U.S.).
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