Pune, India — 03/14/2018 — Market Research Future published a research report on “Global Fresh Food Packaging Market Research Report- Forecast 2022” â€“ Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.
Global Fresh Food Packaging Market by Material (Flexible & Rigid Plastic, Paper & Paperboard, Metal, Glass, Others), by End-Use (Meat Products, Fruits, Vegetables, Dairy Products, Others), by Region (Asia-Pacific, North America, Europe, Rest of World) – Forecast to 2022.
The global fresh food packaging market is expected to grow with approximately 4% CAGR from 2016 to 2022
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 and are profiled in MRFR Analysis.
Taste the market data and market information presented through more than 85 market data tables and figures spread in 118 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Fresh Food Packaging Market Information from 2016 to 2022”
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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.
The market has been segmented based on materials, end-use and regions. On the basis of material, the market is segmented as flexible & rigid plastic, paper & board, metal, glass and others. The paper & board segment is expected to account for the largest share during the forecast period. It is followed by flexible and rigid plastic.
On the basis of end-use, the market is bifurcated as meat products, fruits, vegetables, dairy products and others. The meat sector demands the highest quality in packaging, with focus on product shelf-life extension.
Based on region, the market is segmented as Asia-Pacific, North America, Europe and Rest of the World. Asia-Pacific is expected to dominate the market during the forecast period. China is the leading market of the region with high number of exports.
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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 â€“ Flexible & Rigid Plastic, Paper & Paperboard, Metal, Glass, Others.
Segmentation By End-use : Comprises â€“ Meat Products, Fruits, Vegetables, Dairy Products, Others
Segmentation By Regions : Comprises Geographical regions – North America, Europe, APAC and Rest of the World
Global Fresh Food Packaging Market – 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 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 favourable 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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