Enhancing Recognition of Packaged Food Increasing the Development of the Global Fresh Food Packaging
Fresh food product packaging protects foodstuff from ecological conditions and also physical damages; it supplies customers with information regarding the ingredients and also dietary worth; as well as even more significantly, it aids maintain the quality of food according to the predetermined criteria. Fresh food product packaging is made from products such as polyethylene, paper, light weight aluminum, BOPET (Biaxially-oriented polyethylene terephthalate), and poly-vinyl chloride. The worldwide fresh food packaging market generally handles meat & meat items, fruits, veggies, and also fish and shellfish.
The fresh food packaging market has been growing based on the product packaging sector. With raising understanding about worldwide warming as well as worries concerning the setting, the product packaging industry is opting for environment-friendly techniques of product packaging such as the use of recyclable product packaging product, which has had an influencing effect on the market for worldwide fresh food 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 represents a consistent increase in the demand 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 consistent increase in the demand for packaged food.
Development Vehicle drivers:.
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Need for Fast 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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Consumer Awareness Regarding Health Issues Influence the Market.
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Major Application Area:.
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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 (milk and chicken).
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 and Firm (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. (UNITED STATE), RockTenn Business (UNITED STATE), and Sealed Air Company (U.S.).
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