Global Fresh Food Packaging Market Size is estimated to expand rapidly in coming years, at a CAGR of 4.5 % from 2018 to 2025. In 2017, the global market valuation was USD 110.5 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Contamination and change of physical, biological or chemical type in foodstuffs are prevented by storage. The industry is motivated primarily by increased meat and food safety demands.
The requirement for colored meal products has been driven by an increased understanding of hygiene and awareness of the dietary importance of meat products. In addition, it is expected to bode well for market growth instead of purchasing meat wrapped from streets to prevent contamination created by bacteria, pathogens and other microorganisms. In addition, the requirement for safe packages of new meat has been stimulated by enhanced sophistication and consciousness of infectious illnesses. The request for products is expected to boost increasing worries over the number of pesticides and other chemical products placed on crops and greens and on the unnatural maturation techniques used by road sellers. Product requirement is anticipated to be further boosted by available affordability, sustainability and convenience of packaging products like document, polyvinyl carbonate and aluminum.
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global fresh food packaging market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global fresh food packaging market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
By Material Insights: On the basis of material, global fresh food packaging market has been segmented into plastic, metal/wood, paper, glass. Among which metal/wood segment has accounted for largest share in the global market of fresh food packaging. The requirement for this product is expected to further ride by rigorous public laws and prohibition of plastic products. Paper is processed, covered, laminated or mixed to be resistant with resins, lacquers and waxes. Kraft document, sulfite paper, greaseproof paper, glassine and chalk paper are the best-known kinds of document used for storage.
By Application Insights: On the basis of application, global fresh food packaging market has been segmented into meat/seafood, fruits/vegetables, and dairy. Among which meat and seafood application segment has accounted for largest share in the global market of fresh food packaging. This growth is mainly ascribed due to growing awareness about seafood and meat, highly changing eating habits. The growing need for new, secure and stored food is anticipated to increase the segment's development. A further energy development for this section is expected to boost consumer bias for wrapped and checked seafood and meat products.
The fresh food packaging market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. Due to increased supply for branded products and increased safety awareness among China's and India's customers, Asia Pacific retained the biggest business position in 2018. In nations as well as in India, the prevalence of airborne illness in combination with growing consumer disposable incomes is expected to boost development in these extremely inhabited nations.
Over the forecast period, North America is anticipated to increase in good CAGR. Awareness of global warming and increasing environmental concerns along with the provision of alternatives such as green packaging in the United States is expected to witness high growth. These alternatives are cheap and produce with recycled products and environmentally friendly techniques. These alternatives are not only cost-effective but also environmentally responsible. This aspect is expected to boost national development further.
Global Fresh Food Packaging Market Size, Share Analysis by Region 2018
Global Fresh Food Packaging Market Study Objective
1. To forecast the market size of fresh food packaging market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
2. Market analysis and forecast of fresh food packaging market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
3. To analyze and elaborate significant factors that will have a major impact on the growth of fresh food packaging market, such as drivers, restraints, challenges, and opportunities.
4. The regional analysis of fresh food packaging market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.
5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.
6. To provide detailed analysis of competitive and strategic developments in the fresh food packaging market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
Key Players Landscape
Amcor Limited; Mondi Plc., Smurfit Kappa Group, Bemis Company, Inc., E. I. du Pont de Nemours and Company, International Paper Company, Coveris Holdings S.A; D.S. Smith Plc., Silgan Holdings Inc., and RockTenn Company are some of the key players in the market of fresh food packaging. Large-scale cooperation and cooperation on the sustainable development of products and the merger and procurement of small-scale companies are some of the main industry participants ' objectives.
Global Fresh Food Packaging Market Study Report Offer You!
The global fresh food packaging market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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