Fresh Food Packaging Market
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<strong>Fresh</strong> <strong>Food</strong> <strong>Packaging</strong> <strong>Market</strong> Research<br />
Report By Forecast To 2023<br />
Industry Survey, Growth, Competitive Landscape<br />
and Forecasts to 2023<br />
PREPARED BY<br />
<strong>Market</strong> Research Future<br />
(Part of Wantstats Research & Media Pvt. Ltd.)
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<strong>Fresh</strong> <strong>Food</strong> <strong>Packaging</strong> <strong>Market</strong> Forecast To 2023<br />
Global <strong>Fresh</strong> <strong>Food</strong> <strong>Packaging</strong> Information: by Material (Flexible & Rigid Plastic, Paper & Paperboard,<br />
Metal, Glass, Others), End-Use (Meat Products, Fruits, Vegetables, Dairy Products, Others), Region -<br />
Forecast till 2023<br />
<strong>Fresh</strong> food packaging is one of the methods of developing food for all activities while handling and transportation.<br />
<strong>Packaging</strong> is used to protect fresh food from environmental conditions or physical damage. It also provides information<br />
about the ingredients, its nutritional value, and instruction to maintain the quality and freshness of the food. The need for<br />
convenient food coupled with longer shelf life has attracted the demand for food packaging.<br />
The packaging sector in emerging countries develops a large volume of agricultural product and are continuously focusing<br />
on increasing the food demand, which is fuelling growth of the market. Growing demand for extended shelf-life of food<br />
products and increasing requirement for convenience food among consumers has been growing in accordance with the<br />
packaging industry. However, disposable management of the waste and environmental effects may limit the packaging<br />
sector. Whereas, ability to enhance product quality to meet standards both in domestic and international markets is likely<br />
to provide a growth opportunity in the future. Global fresh food packaging market is estimated to grow at a CAGR of 4.02%<br />
during the forecast period, 2017-2023.<br />
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<strong>Fresh</strong> <strong>Food</strong> <strong>Packaging</strong> <strong>Market</strong> Forecast To 2023<br />
Global fresh food packaging market is growing at the rapid pace due to various government initiatives towards food safety<br />
and upsurge for small portion food items, or demand for single-use packaging. Ready-to-eat and fresh products are one of<br />
the few segments of the industry that has shown consistent growth within the last few years. The report analyzes the fresh<br />
food packaging market by material; it includes flexible & rigid plastic, paper & paperboard, metal, glass, and others. An<br />
increase in the demand for fresh food products is projected to lead to the growth of the market. On the basis of the enduser,<br />
it is segmented into meat products, fruits, vegetables, dairy products, and others. The demand for food packaging has<br />
grown rapidly in the fruits and vegetable industry. Moreover, meat, poultry & seafood packaging market is expected to grow<br />
exponentially owing to various factors such as retail sectors/increasing number of retails outlets and increasing demand for<br />
processed food items. On the basis of the geography, the market is categorized into America, Europe, Asia Pacific and the<br />
Middle East & Africa. Asia Pacific region is expected to be the largest fresh food packaging market during the forecast<br />
period due to the introduction of active and intelligent packaging solutions and growing demand for flexible packaging.<br />
Rising income level of the individual in developing countries<br />
From the last few years, disposable income in developing countries has been increasing. The higher disposable income in<br />
these developing countries, resulting in the increase in purchasing power. Developing economies such as China, India,<br />
Indonesia, Thailand, Vietnam, and Mexico have the largest disposable incomes, which is driving significant demand for<br />
efficient packaging of meat, poultry, and seafood. As a result, meat, poultry & seafood packaging market is expected to be<br />
impacted, positively.<br />
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<strong>Fresh</strong> <strong>Food</strong> <strong>Packaging</strong> <strong>Market</strong> Forecast To 2023<br />
Segmentation
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<strong>Fresh</strong> <strong>Food</strong> <strong>Packaging</strong> <strong>Market</strong> Forecast To 2023<br />
Increase in the demand for small portion food items<br />
With the change in the consumer lifestyle and the increasing trend of smaller families, the food items packaged in smaller<br />
portions are being demanded more. The retailers/ suppliers of meat, poultry, and seafood packaging also prefer the singleuse<br />
packaging due to the limited availability of shelf space in the stores.<br />
For meat blocks, meat cuts or smaller portions of meat or meat products, single-layer films provide good protection from<br />
external contamination and to some extent from evaporation. Another important deployment of single-layer films is, used<br />
for freezer storage. Use of single-layer films for wrapping chilled meat portions in self-service outlets is one of the major<br />
uses.<br />
Regional Analysis<br />
The global market is segmented on the basis of geography: Asia Pacific, North America, Europe, and the Middle East &<br />
Africa. Asia Pacific is expected to be the most attractive fresh food packaging market across the globe owing to increasing<br />
export of fruits and vegetables from China and India. With increasing awareness about global warming and concerns about<br />
the environment, the emergence of eco-friendly packaging technologies, which are inexpensive and manufactured from<br />
recycled material and eco-friendly techniques of fresh food packaging has driven the market towards growth.
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<strong>Fresh</strong> <strong>Food</strong> <strong>Packaging</strong> <strong>Market</strong> Forecast To 2023<br />
Major Players<br />
Some of the key players in the global fresh food packaging market are<br />
D.S. Smith Plc. (U.K), Amcor Limited (Australia),<br />
Smurfit Kappa Group (Ireland), Coveris Holdings S.A (U.S.), Mondi Plc. (South Africa), Bemis Company, Inc. (U.S.), E. I. du<br />
Pont de Nemours and Company (U.S.), Silgan Holdings Inc. (U.S.), International Paper Company (U.S.), and RockTenn<br />
Company (U.S.)<br />
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