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.
This research report has provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the global fresh food packaging market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.
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Leading Players of Fresh Food Packaging Market :
We recognize the key players in the global fresh food packaging market as :
- 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.)
- RockTenn Company (U.S.)
Global Fresh Food Packaging Market – Competitive Analysis
Extensive growth in global fresh food packaging industry has brought to light that partnerships & collaborations on large scale for sustainable product development and merging & acquisitions of small scale packaging industries by key players, is a key strategy adopted extensively by the players to spread their geographical presence and improve operational efficiencies.
DuPont has many partnership agreements with global companies to establish new production facility as well as developing high technology packaging solutions. For instance, DuPont believe in science and innovation which helps them in sustainability in packaging, optimizing the amount of packaging material used and enabling a futuristic technique where all packaging is recycled or its value is recovers.
Similarly Smurfit Kappa Group’s manufacturing footprint provides it with a competitive edge as the corrugated packaging market is most of the times localized and needs to be close to the end-users. Since, over 50% of the company’s business revenue comes from FMCG sectors including food, beverages, household goods, and others, Smurfit believes in intensifying its presence with its various manufacturing set ups. It sees strategic collaborations with prominent players in the market to achieve technological advantages as well as to expand its geographical reach.
Bemis Company Inc. on the other hand has done various acquisitions so as to diversity its facilities. It had acquired SteriPack Group mainly to diversify its facility in Ireland and packaging production in Malaysia and the U.S. Acquisition will support the growth of the company by expanding in the market, which will fit best of the company’s capabilities and strength.
Global Fresh Food Packaging Market – Segments
Global Fresh Food Packaging Market 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
Increase in the demand for small portion food items
With the change in the consumer lifestyle and the increasing trend of smaller families, the food items packaged in smaller portions are being demanded more. The retailers/ suppliers of meat, poultry, and seafood packaging also prefer the single-use packaging due to the limited availability of shelf space in the stores.
For meat blocks, meat cuts or smaller portions of meat or meat products, single-layer films provide good protection from external contamination and to some extent from evaporation. Another important deployment of single-layer films is, used for freezer storage. Use of single-layer films for wrapping chilled meat portions in self-service outlets is one of the major uses.
Rising income level of the individual in developing countries
From the last few years, disposable income in developing countries has been increasing. The higher disposable income in these developing countries, resulting in the increase in purchasing power. Developing economies such as China, India, Indonesia, Thailand, Vietnam, and Mexico have the largest disposable incomes, which is driving significant demand for efficient packaging of meat, poultry, and seafood. As a result, meat, poultry & seafood packaging market is expected to be impacted, positively.
Global Fresh Food Packaging Market – Regional Analysis
The global market is segmented on the basis of geography: Asia Pacific, North America, Europe, and the Middle East & Africa. Asia Pacific is expected to be the most attractive fresh food packaging market across the globe owing to increasing export of fruits and vegetables from China and India. With increasing awareness about global warming and concerns about the environment, the emergence of eco-friendly packaging technologies, which are inexpensive and manufactured from recycled material and eco-friendly techniques of fresh food packaging has driven the market towards growth.
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Scope Of Report
The report for the global fresh food packaging market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macroeconomic and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Table Of Contents
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.2 Research Objective
2.3 Research Material
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
List Of Tables
Table 1 Global Fresh Food Packaging Market: By Region, 2017-2023
Table 2 Americas Fresh Food Packaging Market: By Country, 2017-2023
Table 3 Europe Fresh Food Packaging Market: By Country, 2017-2023
Table 4 Asia-Pacific Fresh Food Packaging Market: By Country, 2017-2023
Table 5 Middle East & Africa Fresh Food Packaging Market: By Country, 2017-2023
List of Figures
Figure 1 Research Material of Mrfr
Figure 2 Top Down & Bottom Up Approach
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 6 Porter’s Five Forces Analysis
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