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Fresh Food Packaging Market Attracts Investor Interest with Unparalleled Growth Rates
Market Research Future published a research report on “Global Fresh Food Packaging Market Research Report- Forecast 2022” – 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 food packaging protects the products from contamination caused by bacteria, moisture etc. Increasing health and environmental awareness, is one of the factors responsible for the increasing global demand for fresh food packaging. Besides protection of food products, value added applications like safe distribution and transportation are expected to boost the market growth. However, the adoption of eco-friendly packaging techniques due to rising environmental issues is expected to restrain the market growth.
The global fresh food packaging market is expected to cross Billions of Mark by the end of forecast period and is expected to grow approximately at 4% CAGR from 2016 to 2022.
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Market Research Analysis
Based on material, the market is segmented as flexible & rigid plastic, paper & board, metal, glass and others. In which, the paper & board segment is expected to account for largest share during the forecast period.
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 regions, the market is segmented as Asia-Pacific, North America, Europe and Rest of the World, out of which, Asia-Pacific is expected to dominate the market during the forecast period, owing to rising disposable income in countries such as China, India etc.
Regional Analysis of Global Fresh Food Packaging Market:
Europe is the leading market and is projected to at High CAGR during the forecast period. It is due to countries such as Spain, U.K., France and Ireland in the region where the investment is high in wind energy sector with favorable government regulations.
Europe is followed by Asia-Pacific due to the adoption of gearless wind turbines in the emerging nations such as China and India with growing energy needs in the region.
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 leading players operating in this market.
The report for Global Fresh Food Packaging Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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