Pune, India, December 2017/MRFR Press Release/- Market Research Future published a half-cooked research report on “Global Fresh Food Packaging Market Research Report - Forecast to 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.
Global Fresh Food Packaging Market - Overview
The global fresh food packaging market is a very dynamic market and is expected to witness high growth over the forecast period. The growth is influenced by the undertaking of various government initiatives towards food safety and the increase in demand for small-portion food items/demand for single-use packaging. However, the inclination towards freshly cooked food is expected to hinder the growth of the market.
To improve hygiene in food processing, different measures are being taken by the governments of various countries to ensure food safety. Thus, the packaging of processed food products has become an important step to ensure the safety and hygiene of food products. The government has come up with several schemes to provide financial assistance for setting up and modernizing food processing units.
With the change in the consumer lifestyle and the increasing trend of smaller families, food items packaged in smaller portions are being demanded more. 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 extend from evaporation. Another important utilization for single-layer films is in freezer storage.
With the increasing adoption of convenience shopping, the retail sector is growing rapidly. The retail sector is booming, owing to factors such as favorable demographics, rising consumer incomes, and real estate developments, especially the emergence of new shopping malls. The growth in turn induces the demand for such packaged fresh food from these retail outlets.
Key Players:
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 prominent players at the forefront of competition in the global fresh food packaging market and are profiled in MRFR Analysis.
Global Fresh Food Packaging Market - Competitive Analysis
Extensive growth in global fresh food packaging industry has brought to light that partnerships & collaborations on large scale for sustainable product development and merging & acquisitions of small scale packaging industries by key players, is a key strategy adopted extensively by the players to spread their geographical presence and improve operational efficiencies.
DuPont has many partnership agreements with global companies to establish new production facility as well as developing high technology packaging solutions. For instance, DuPont believe in science and innovation which helps them in sustainability in packaging, optimizing the amount of packaging material used and enabling a futuristic technique where all packaging is recycled or its value is recovers.
Similarly Smurfit Kappa Group’s manufacturing footprint provides it with a competitive edge as the corrugated packaging market is most of the times localized and needs to be close to the end-users. Since, over 50% of the company’s business revenue comes from FMCG sectors including food, beverages, household goods, and others, Smurfit believes in intensifying its presence with its various manufacturing set ups. It sees strategic collaborations with prominent players in the market to achieve technological advantages as well as to expand its geographical reach.
Bemis Company Inc. on the other hand has done various acquisitions so as to diversity its facilities. It had acquired SteriPack Group mainly to diversify its facility in Ireland and packaging production in Malaysia and the U.S. Acquisition will support the growth of the company by expanding in the market, which will fit best of the company’s capabilities and strength.
Global Fresh Food Packaging Market - Segments
Global Fresh Food Packaging Market is segmented in to 3 Key dynamics for an easy grasp and enhanced understanding.
Segmentation By Material : Comprises – Flexible & Rigid Plastic, Paper & Paperboard, Metal, Glass, Others.
Segmentation By End-use : Comprises – Meat Products, Fruits, Vegetables, Dairy Products, Others
Segmentation By Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World
Global Fresh Food Packaging Market -
Regional Analysis
North America is expected to witness the fast growth of fresh food, especially meat, poultry and seafood packaging as the people in the region are more inclined towards convenience products. The demand for fresh food packaging in the region is also expected to be driven, owing to factors such as demographic shifts and increase in global population. In US, demand for fresh food packaging will increase as flexible packaging will continue to outpace rigid types of packaging. The market will majorly be supported by increasing opportunities for high barrier film and pouches. The meat production is also growing, owing to factors such as population expansion, the increasing consumption of meat products as a healthy and natural food and the reduced meat prices.
Factors such as the introduction of active and intelligent packaging solutions by vendors such as Amcor and the growing demand for flexible packaging will boost fresh food packaging market growth in Asia Pacific region during the forecast period. China holds the largest share in Asia Pacific due to growing demand for fresh vegetables and fruits. China meat packaging is expected to show a significant growth during the forecast period, owing to factors such as rise in personal disposable income and rise in consumption of beef, pork and other meat.
On account of favorable socio- economic factors such as changing eating habits, higher purchasing power, urbanization, increasing health consciousness towards protein rich diet India has witnessed an increase in demand for meat and the sector has gained importance in terms of contribution to income, employment and foreign exchange earnings.
Access Full Report Details - Fresh Food Packaging Market Size
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Report details
| Base Year | 2017 |
| Companies Covered | 15 |
| Pages | 185 |
Certified Global Research Member
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.
