Fresh Food Packaging Market Research Report – Forecast to 2023

Fresh Food Packaging Market Research Report -
Global Forecast to 2023
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)

Fresh Food Packaging Market
Global Fresh Food Packaging Information: by Material (Flexible & Rigid Plastic, Paper & Paperboard, Metal, Glass, Others),
End-Use (Meat Products, Fruits, Vegetables, Dairy Products, Others), Region - Forecast till 2023
Fresh food packaging is one of the methods of developing food for all activities while handling and transportation. Packaging is used to protect fresh
food from environmental conditions or physical damage. It also provides information about the ingredients, its nutritional value, and instruction to
maintain the quality and freshness of the food. The need for convenient food coupled with longer shelf life has attracted the demand for food
packaging.
The packaging sector in emerging countries develops a large volume of agricultural product and are continuously focusing on increasing the food
demand, which is fuelling growth of the market. Growing demand for extended shelf-life of food products and increasing requirement for convenience
food among consumers has been growing in accordance with the packaging industry. However, disposable management of the waste and environmental
effects may limit the packaging sector. Whereas, ability to enhance product quality to meet standards both in domestic and international markets is
likely to provide a growth opportunity in the future. Global fresh food packaging market is estimated to grow at a CAGR of 4.02% during the forecast
period, 2017-2023.
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Fresh Food Packaging Market
Global fresh food packaging market is growing at the rapid pace due to various government initiatives towards food safety and upsurge for small portion
food items, or demand for single-use packaging. Ready-to-eat and fresh products are one of the few segments of the industry that has shown consistent
growth within the last few years. The report analyzes the fresh food packaging market by material; it includes flexible & rigid plastic, paper &
paperboard, metal, glass, and others. An increase in the demand for fresh food products is projected to lead to the growth of the market. On the basis
of the end-user, it is segmented into meat products, fruits, vegetables, dairy products, and others. The demand for food packaging has grown rapidly in
the fruits and vegetable industry. Moreover, meat, poultry & seafood packaging market is expected to grow exponentially owing to various factors such
as retail sectors/increasing number of retails outlets and increasing demand for processed food items. On the basis of the geography, the market is
categorized into America, Europe, Asia Pacific and the Middle East & Africa. Asia Pacific region is expected to be the largest fresh food packaging
market during the forecast period due to the introduction of active and intelligent packaging solutions and growing demand for flexible packaging.
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.
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Fresh Food Packaging Market
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.
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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Fresh Food Packaging Market
Segmentation
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Fresh Food Packaging Market
Major Players
Some of the key players in the global fresh food packaging market are 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.)
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