Increasing Awareness of Packaged Food Boosting the Growth of the Global Fresh Food Product Packaging

Fresh food packaging safeguards food from environmental conditions as well as physical damages; it offers consumers with details concerning the active ingredients and dietary value; and more notably, it helps keep the high quality of food according to the fixed standards. Fresh food product packaging is made of materials such as polyethylene, paper, light weight aluminum, BOPET (Biaxially-oriented polyethylene terephthalate), and also poly-vinyl chloride. The worldwide fresh food packaging sector mostly handles meat & meat products, fruits, vegetables, as well as fish and shellfish.

The fresh food packaging market has been expanding based on the packaging industry. With boosting recognition concerning worldwide warming and also concerns regarding the setting, the product packaging sector is going with green methods of product packaging such as using recyclable product packaging material, which has had an influencing impact on the marketplace for worldwide fresh food product packaging in terms of raising the need of packaged fresh food.

The worldwide fresh food packaging market is projected to get to 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 worldwide fresh food product packaging market is forecasted to get to USD 95.91 Billion by 2020, at a CAGR of 3.38% from 2015 to 2020, which represents a stable boost in the demand for packaged food.

Growth Vehicle drivers:.

• Need for Fast Food.

• Shelf Life Extension of Fresh Food.

Opportunities:.

• Advancements in Eco-Friendly Packaging.

• Customer Recognition Regarding Wellness Concerns Influence the Market.

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Significant Application Location:.

• Meat & meat items.

• Vegetables.

• Fish and shellfish.

• Fruits.

• Others (milk and 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 Business (U.S.), Mondi Plc (South Africa), Bemis Company, Inc. (UNITED STATE), International Paper Firm (UNITED STATE), D.S. Smith Plc (U.K.), Silgan holdings Inc. (U.S.), RockTenn Firm (U.S.), as well as Sealed Air Corporation (U.S.).

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