Attractive Opportunities in the Fresh Food Packaging Market

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 steady increase in the demand for packaged food.

The fresh food packaging market has been growing in accordance with the packaging industry. The increasing population, increasing incomes, increasing demand for convenience food, and the extended shelf life of packaged food are the main drivers for the fresh food packaging market.

The growth of the fresh food packaging market is primarily driven by the following factors:

• Demand for convenience food in the European region
• Shelf life extension of fresh produce

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Fresh food packaging protects food products from environmental conditions and physical damage; it provides consumers with information regarding the ingredients and nutritional value; and more importantly, it helps maintain the quality of food as per the predetermined standards. Fresh food packaging is made of materials such as polyethylene, paper, aluminum, BOPET (Biaxially-oriented polyethylene terephthalate), and poly-vinyl chloride. The global fresh food packaging industry mainly deals in meat & meat products, fruits, vegetables, and seafood.

The need for convenience food and extended shelf life to supply fresh food has attracted significant demand in recent times. The primary goal of fresh food packaging in many countries, is emphasizing on reducing the waste material and tamper detection facility to ensure that the provided service meets the predetermined standard protocol.

The fresh food packaging market has been growing in accordance with the packaging industry. With increasing awareness about global warming and concerns about the environment, the packaging industry is opting for eco-friendly techniques of packaging such as the use of recyclable packaging material, which has had an influencing impact on the market for global fresh food packaging in terms of increasing the demand of packaged fresh food.

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This report estimates the market size of the global fresh food packaging market in terms of value (USD billion). In this report, the market is broadly segmented on the basis of package material, pack type, application, and region. Market drivers, restraints, challenges, raw material, and product price trends are discussed in detail. Market share, by participant, for the overall market is discussed in detail. The global fresh food packaging market has grown exponentially in the last few years and this trend is expected to continue. Increasing awareness about the health concerns and innovations in eco-friendly packaging techniques drive the growth of the fresh food packaging market.

Fresh Food Packaging Market worth 95.91 Billion USD by 2020

The report “Fresh Food Packaging Market by Application (Meat Products, Fruit, Vegetables, Seafood), Material (PE, PP, Paper, Aluminum, BOPET, PVC), by Pack Type (Converted Roll Stock, Gusseted Bags, Flexible Paper, Corrugated Box, Others) – Global Forecast to 2020” defines and segments the global fresh food market with analysis and forecasting of the global revenues for the fresh food packaging market. It also identifies the driving and restraining factors of the market with analysis of trends, opportunities, winning imperatives, and challenges.

Browse 156 market data tables and 51 figures spread through 223 pages and in-depth TOC on “Fresh Food Packaging Market”
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The market is segmented and revenues are forecasted on the basis of major regions, such as Asia-Pacific, North America, Europe, and the Rest of the World (RoW), and is forecasted till 2020. Further, the market is segmented and revenues are forecasted on the basis of application.

The global fresh food packaging market is buyer-oriented. The fresh food packaging market is mostly driven by the extended shelf-life of fresh food. The demand for convenience food is also driving the fresh food packaging market.

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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. After the economic slowdown, several new packaging mechanisms have been introduced.

The global fresh food packaging market has been growing in accordance with the packaging industry. With increasing awareness about global warming and concerns about the environment, people are opting for eco-friendly techniques of fresh food packaging, which has had an impact on the market for global food produce packaging products.

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Increasing disposable incomes of people in economies, increasing demand for convenience food, and increasing awareness of packaged food among consumers drive the growth of the global fresh food packaging market.

The global fresh food market is marked with intense competition due to the presence of a large number of both, big and small firms. New product launches, mergers & acquisitions, and partnerships and expansions are the key strategies adopted by market players to ensure their growth in the market. 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 Company (U.S.), Mondi Plc (South Africa), Bemis Company, Inc. (U.S.), International Paper Company (U.S.), D.S. Smith Plc (U.K.), Silgan holdings Inc. (U.S.), RockTenn Company (U.S.), and Sealed Air Corporation (U.S.). In this report, the fresh food packaging market is segmented into package material, pack type, application, and region.

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