Global Dairy Packaging Market – Overview
The type of packaging material for dairy products is of critical importance because of its impact on quality, safety, cost, and marketing of the commodities to consumers. Recently, interest has shifted towards novel applications such as smart or intelligent packaging, modified atmosphere and active packaging, and sustainability. However, it is crucial to focus R&D activity on interactions between packaging, the surrounding and the product. Recent trends shows that milk, and drinkable dairy products such as yogurt and smoothies are available in sleek and PET bottle. As more people around the world is focusing on package size and On to go solution. The dairy industry is able to achieve a 45-day shelf life through the use of ultrapasteurisation (UP) processes, while ultra-high temperature (UHT) processed products achieve a shelf life of three months to one year with no refrigeration.
The continuing urbanisation and changing lifestyles keep pushing demand for innovative dairy products to new heights. Urbanisation implies a busy and more complex lifestyle, spurring consumers to save time by eating and drinking on-the-go, including dairy. The long-lasting health- and convenience trends motivate consumers to pay more for value-added products that they can buy when and where they want.
The key driver for market growth is increased emphasis on global dairy packaged products due to rising food demand of the increasing population. Dairy packaging market involves various packaging techniques that can prevent dairy items from contamination. Moreover, initiatives that have been taken by the packaging companies in terms of innovations and offerings have greatly contributed to the growth of the dairy market.
Global Dairy packaging market is growing with the rapid pace; mainly due to advancement in technologies. According to a recent study report published by the Market Research Future, The global market of Dairy packaging is booming and expected to gain prominence over the forecast period. The market is forecasted to demonstrate a stunning growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2017 – 2023).
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Ahlstrom, Airlite plastics, Allied Glass Containers, Barry-Wehmiller Companies, Blue Ridge Paper Products. Amcor Limited, Ball Corporation (U.S.), Saint-Gobain S.A, Tetra Laval International S.A, Alcoa Inc., Reynolds Group Holding Limited, and Crown Holdings Inc. are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Dairy packaging market.
Dairy packaging Market – Competitive Analysis
Dairy packaging market appears to be competitive with the presence of several large and small players operating in the Dairy packaging Market. These Key players compete based upon pricing, quality, Technology and reputation. Dairy packaging market demonstrates a high growth potential which is likely to attract many entrants to the market resulting in to intensified competition further. Manufacturers operating in the Dairy packaging market strive to respond to the growing demand for Dairy packaging. Moreover, manufacturers mainly ensure to deliver the best quality products based on innovative technologies, and best practices.
Industry/ Innovation/ Related News:
In 2016, Amcor Flexibles announces 5-10% price hike on its products.
In 2017, Tetra Pak’s new package allows production of liquid dairy and juice drinks using existing production processes that can be marketed as ice creams and frozen products
2017, Tetra Pak acquired Johnson Industries International which is mozzarella cheese making equipment.
January 2018 – has pledged to develop all its packaging to be recyclable or reusable by 2025 and has also planned to focus on significantly increasing its use of recycled materials.
November 2017 – Berry Global Group acquired Clopay Plastic Products Company, Inc., a subsidiary of Griffon Corporation for USD 475 million.
Dairy packaging Market – Segments:
Global Dairy packaging Market is segmented in to 4 Key dynamics for an easy grasp and enhanced understanding.
Segmentation by material: Glass, Paper & Paperboard, Plastic, and Others
Segmentation by type: Bottles, Cans, Pouches, Boxes and Others
Segmentation by end-use: Milk, Cheese, Butter, Frozen Products and Others
Segmentation by Regions: Comprises regions – North America, Europe, APAC and Rest of the World.
Dairy packaging Market – Regional Analysis
North America accounted for the highest share in the global dairy packaging market, due to increased popularity of smaller container & ready to eat dairy food items. The increasing focus from government authorities towards food management and the rising awareness for authenticated food products across middle income populations are driving the market growth among developing regions.
- Product matrix which gives a detailed comparison of the market for different recycled product types
- Regulatory Landscape
- Pricing Analysis
- Macroeconomic Indicators
- Geographical analysis across 15 countries
- Profiling of 10 key market players
- In-depth analysis including SWOT analysis, and strategy information of related to report title
- Competitive landscape including emerging trends adopted by major companies
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Brief TOC :
1. Executive Summary
2. Research Methodology
3. Market Dynamics
4. Global Market, By Packaging Type
5. Global Market, By Technology
6. Global Market, By Application
7. Global Market, By End-user
8. Regional Market Analysis
9. Competitive Analysis
11. List Of Tables
12. List Of Figures
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