Transparency
Market Research Added A New Report "Fresh
Food Packaging Market". Food packaging plays an
important role in keeping the food quality safe while handling and
transportation. Food packaging offers a modern marketing medium to
the sellers and helps improve customer satisfaction levels as well as
information transmission. It protects the food products from
contamination caused by microorganisms, air, and moisture, and helps
catalytic activity in fresh food.
Fresh foods, such as
vegetable and fruits, are generally packed in textile bags,
corrugated box, or baskets made up of wood or cardboard with a view
to maintain proper aeration through packaging. Seafood and meat is
generally packed with polyethylene lined or polystyrene in boxes made
up of plastic or wood, and the thickness of the packaging depends on
the mode of transport and storage period. Fresh beverages, such as
milk and juice, are mostly packed in cartons made up of paper or
metal. Now-a-days, consumers tend to focus more on using food contact
materials approved by the government-authorized bodies, such as FDA.
Currently, the most commonly used plastic materials are polyethylene,
polyvinyl chloride, and polyethylene terephthalate. Besides, in
recent times, there has been a significant rise in the usage of
biodegradable materials for food packaging. Researchers and
manufacturers, in collaboration, are trying to modify conventional
plastic and innovate new materials for ensuring and maintaining safe
and hygienic food packaging practices.
Evolving life style
of consumers, increasing health and environmental awareness, and
supportive environmental policies implemented by various governments
across the globe are the major factors responsible for the increasing
global demand for fresh food packaging, which in turn is boosting
their market growth. Owing to its value added applications, right
from protection of food products to their safe distribution and
transportation, the market for fresh food packaging is expected to
create significant growth and investment opportunities for players
operating in the market, especially in the developing countries.
Besides, the fresh food packaging market is expected to continue to
grow steadily in developed nations, wherein the consumer demand for
safe and intact fresh food is very high. The main growth drivers for
the market are private consumers, retailers, and local packaging
firms, which focus more on delivering the product intact in the local
market.
However, presence of
big and small retailers and increasing consumer preference for using
cheap local products has created a highly competitive environment for
big brands in the fresh food packaging market. Waste disposition is
also a major concern for players operating in the global fresh food
packaging market.
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The global fresh
food packaging market is segmented in terms of product type,
packaging material, and channel. By product type, the global fresh
food packaging market is segmented into vegetables, fruits, seafood,
meat products, dairy products, and others. By packaging material, the
market is segmented into plastic (rigid & flexible), textile,
wood, paper and board, metal, and others. By channel, the global
fresh food packaging market is segmented into retailers and
wholesalers.
By geography, the
global fresh food packaging market is segmented into seven key
regions, including North America, Latin America, Eastern Europe,
Western Europe, Asia-Pacific excluding Japan, Middle East &
Africa, and Japan. The global fresh food packaging market is
anticipated to expand at a double digit CAGR over the forecast
period. Asia Pacific market is expected to be the most attractive
market for fresh food packaging in view of the increasing export of
fruits and vegetables from China and India. As of 2016, China is the
largest fresh food packaging market in Asia Pacific, followed by
India, and the market in these countries is expected to grow rapidly
in the near future. Western Europe, followed by North America, are
the other prominent regions projected to hold a promising future
growth potential in the fresh food packaging market by the end of
2026.
Some of the Key
Players in the global fresh food
packaging market are Amcor Limited, Bemis Company Inc., Berry
Plastics, Packaging Corporation of America, Sonoco Products Company,
Graphic Packaging International, Inc., Sealed Air India Pvt. Ltd.,
Bomarko Inc., and International Paper and Anchor Packaging Inc.
The report offers a
comprehensive evaluation of the market. It does so via in-depth
qualitative insights, historical data, and verifiable projections
about market size. The projections featured in the report have been
derived using proven research methodologies and assumptions. By doing
so, the research report serves as a repository of analysis and
information for every facet of the market, including but not limited
to: Regional markets, technology, types, and applications.
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