Summary
Global Fresh Food Packaging Information: by Material (Flexible & Rigid Plastic, Paper & Paperboard, Metal, Glass, Others), End-Use (Meat Products, Fruits, Vegetables, Dairy Products, Others), Region - Forecast till 2023
Fresh Food Packaging Market Report - Overview
Fresh food packaging helps retain the nutritious value of food products by keeping the food quality safe while handling and transportation. Factors such as increasing consumer awareness for packaged foods and the growing food demand with rapid population explosion are expected to drive the global fresh food packaging market. However, the rising raw material prices, is a major restraint to the market growth.
Global Fresh Food Packaging Market Report is estimated to grow at a CAGR of 4.02% during the forecast period, 2017-2023.
To improve hygiene in food processing, different measures are being taken by the governments of various countries to ensure food safety. Thus, the packaging of processed food products has become an important step to ensure safety and hygiene of food products. The government has come up with several schemes to provide financial assistance for setting up and modernizing food processing units.
Key Players
D.S. Smith Plc. (U.K.), Amcor Limited (Australia), Smurfit Kappa Group (Ireland), Coveris Holdings S.A (U.S.), Mondi Plc. (South Africa), Bemis Company, Inc. (U.S.), E. I. du Pont de Nemours and Company (U.S.), Silgan Holdings Inc. (U.S.), International Paper Company (U.S.) and RockTenn Company (U.S.) are some of the prominent players at the forefront of competition in the global Fresh Food Packaging Market Report and are profiled in MRFR Analysis.
Market Segments
Global Fresh Food Packaging Market Report is segmented in to 3 Key dynamics for an easy grasp and enhanced understanding.
Segmentation By Material : Comprises – Flexible & Rigid Plastic, Paper & Paperboard, Metal, Glass, Others.
Segmentation By End-use : Comprises – Meat Products, Fruits, Vegetables, Dairy Products, Others
Segmentation By Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World
Regional Analysis
North America is expected to witness the fast growth of fresh food, especially meat, poultry and seafood packaging as the people in the region are more inclined towards convenience products. The demand for fresh food packaging in the region is also expected to be driven, owing to factors such as demographic shifts and increase in global population. In US, demand for fresh food packaging will increase as flexible packaging will continue to outpace rigid types of packaging. The market will majorly be supported by increasing opportunities for high barrier film and pouches. The meat production is also growing, owing to factors such as population expansion, the increasing consumption of meat products as a healthy and natural food and the reduced meat prices.
Factors such as the introduction of active and intelligent packaging solutions by vendors such as Amcor and the growing demand for flexible packaging will boost Fresh Food Packaging Market Report growth in Asia Pacific region during the forecast period. China holds the largest share in Asia Pacific due to growing demand for fresh vegetables and fruits. China meat packaging is expected to show a significant growth during the forecast period, owing to factors such as rise in personal disposable income and rise in consumption of beef, pork and other meat.
On account of favorable socio- economic factors such as changing eating habits, higher purchasing power, urbanization, increasing health consciousness towards protein rich diet India has witnessed an increase in demand for meat and the sector has gained importance in terms of contribution to income, employment and foreign exchange earnings.
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The major players in the fresh food packaging market include Amcor Plc, International Paper Company, Westrock Company, Sealed Air Corporation, Smurfit Kappa.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Fresh Food Packaging Market Research Report" by requesting FREE Sample Copy athttps://www.valuemarketresearch.com/contact/fresh-food-packaging-market/download-sampleMarket DynamicsThe global fresh food packaging market is driven by increasing food transportation and demand for food safety.
Growing awareness regarding the nutritional value of the food items and increased health consciousness propelled demand fresh food packaging.
Consumer preference for packaged food to avoid diseae borne for contamination caused by bacteria, micro-organisms, pathogens instead of buying it from street seller, is projected to pave well to the market's growth.
The logistics chain faces many issues such as shelf lives of vegetables and fruit, the high transport costs per kilogram, and the stringent conditioning requirements during transport.
