Fresh food packaging is a packaging strategy that removes food from natural, environmental, or biological influences altering condition and pollution. It allows the material to be kept longer. The inexpensive, compact and safe packaging content such as PET, plastic, aluminum and polyvinyl chloride raises customer demand, which in turn increases the packaging level for poultry and meat products, fruit and vegetables and dairy products. Fresh food packaging provides protection, safety and protection from microorganisms and bacteria gives great resistance. However, among other items, the nutrition stored in the box had to be shielded from factors such as pressure and heat.
The total volume of the Fresh Food Packaging industry was calculated at USD 110.56 trillion in 2018 and a reasonable Common Annual Growth Rate (CAGR) of 3.9 percent is expected over the forecast period. The labeling avoids degradation of food items or changes in structural, biological, and chemical type. The market is driven mainly by rising food transport and food safety demand. Increasing concerns about the quantity of pesticides and other chemicals sprayed on fruits and vegetables and the artificial maturing methods used by street vendors are expected to intensify the demand for the product.
It is expected that the availability of inexpensive, sustainable, and convenient packaging material such as pulp, polyvinyl chloride and aluminum will further boost the demand for the product. In addition, the introduction of advanced technologies such as smart packaging and active packaging slowly built over the years allows for flexible packaging of food items. Strict government rules and regulations on the raw material used for packaging however, can restrict the growth of the market. It is predicted that environmental concerns and rising global warming could threaten development. Nonetheless, it is expected that rising demand for better food quality and extended shelf life would push the Fresh Food Packaging market positively.
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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.)
• RockTenn Company (U.S.)
Market Segment:
Based on usage, seafood, meat, vegetables, fruits, baby foods, baked goods, cooking aids & spreads, ready meals, bars, crisp, snacks & nuts, diary & icecream, confectionery, and others are among the various end users assessed. In producing global market sales, vegetables and fruit are key end users. Products, together with high performance and lower cost, are safe and in eco-friendly packaging. So long as the material moves longer distances, the optimal level of protection must be preserved for greater longevity. This helps the industry lead in the future by balancing both cultural, economic and environmental factors.
Regional Analysis:
Increasing health consciousness and awareness of fresh food consumption influence consumers to opt for longer shelf-life packaged products. As a result, increasing demand for better shelf-life goods across countries like the U.S. adds to the growth of Fresh Food Packaging market. In the Fresh Food Packaging industry, Asia-Pacific has experienced growth and over the forecast period, it expects to experience significant growth. Consumer disposable income in the area has seen significant growth, which has improved the living standard of the region’s citizens.
Industry News:
The rising urban population in India and China is increasing the region’s demand for fresh food packaging. In 2018, India and China contributed more than 70% of the overall share of the Asia-Pacific. Increasing the Asia-Pacific fruits and vegetables export is boosting market growth. World imports of fruit and vegetables have increased by 17.6%, fruit and vegetable imports in the Asia Pacific region have increased by a remarkable 51.6%. Additionally, in a country like India, the growing demand for online food ordering is increasing the use of packaged food boxes that are driving the market for fresh food packaging.
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Table Of Content:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
Chapter 3. Research Methodology
Chapter 4. Market Dynamics
Chapter 5. Market Factor Analysis
Chapter 6. Global By Type
Chapter 7. Global By Treatment
Chapter 8. Global By End Users
Chapter 9. Global By Region
Chapter 10. Company Landscape
Chapter 11 Company Profiles
Chapter 12 MRFR Conclusion
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