Boosting Understanding of Packaged Food Boosting the Growth of the International Fresh Food Packaging
Fresh food packaging safeguards food products from environmental problems and physical damage; it supplies consumers with information relating to the ingredients as well as dietary worth; as well as more significantly, it helps keep the high quality of food based on the fixed requirements. Fresh food packaging is made from materials such as polyethylene, paper, aluminum, BOPET (Biaxially-oriented polyethylene terephthalate), as well as poly-vinyl chloride. The international fresh food packaging industry primarily handles meat & meat items, fruits, vegetables, as well as seafood.
The fresh food packaging market has actually been expanding in accordance with the packaging industry. With increasing awareness concerning global warming as well as concerns about the environment, the product packaging market is going with eco-friendly strategies of packaging such as using recyclable product packaging material, which has had an influencing effect on the market for international fresh food packaging in regards to raising the demand of packaged fresh food.
The global 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 indicates a stable boost in the demand for packaged food.The worldwide fresh food product packaging market is projected to reach USD 95.91 Billion by 2020, at a CAGR of 3.38% from 2015 to 2020, which represents a steady rise in the need for packaged food.
Growth Vehicle drivers:.
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Need for Fast Food.
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Life Span Extension of Fresh Food.
Opportunities:.
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Advancements in Eco-Friendly Packaging.
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Customer Recognition Regarding Health Problems Influence the Market.
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Major 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 products as well as fowl).
The key players out there are Amcor Limited (Australia), Coveris Holdings S.A (U.S.), Smurfit Kappa Team (Ireland), E. I. du Pont de Nemours and Business (U.S.), Mondi Plc (South Africa), Bemis Firm, Inc. (U.S.), International Paper Firm (U.S.), D.S. Smith Plc (U.K.), Silgan holdings Inc. (UNITED STATE), RockTenn Company (U.S.), and Sealed Air Company (U.S.).
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