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Fresh Food Packaging Market Research Report – Forecast to 2023

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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 fe
Fresh Food Packaging Market Research
Report By 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 Forecast To 2023
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 Forecast To 2023
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 enduser, 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.
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.
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Fresh Food Packaging Market Forecast To 2023
Segmentation
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Fresh Food Packaging Market Forecast To 2023
Increase in the demand for small portion food items
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 singleuse packaging due to the limited availability of shelf space in the stores.
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.
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 Forecast To 2023
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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Author
Monica Nerkar
Monica Nerkar272   documents Email
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Business and Leadership
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