Aarkstore Market research enterprise entitles the new approach into a Market Research Report Titled “Global Fresh Food Packaging Market”


Market players arefocusing to strengthen their market positing to createnew opportunity to influence the consumers by their product innovation and design capabilities. However, presence of inclination of consumer towardslow cost local products and rising number of local and regional players are creatinghigh market competition environment for leading vendors in the fresh food packaging market.

Market Segmentation

Global Fresh Food Packaging Market is segmented on the following basis:
• Based on Packaging Type
o Flexible Packaging
o Semi-Rigid Packaging
o Rigid Packaging

• Based on Packaging Material Type
o Polyethylene (PE)
o Polypropylene (PP)
o Paper& Paperboard
o Others (glass, wood, and textiles)

• Based on Application
o Poultry& Meat Products
o Dairy Products
o Produce (Vegetables and Fruits)
o Sea Food
o Fresh Cooked Food

• Based on End-User
o Bakery & Confectionary
o Hotels, Restaurants and Food Chains
o Quick Service Restaurants
o Retailers
o Food & Beverage

• Based on Geography
o North America
o Latin America
o Europe
o Asia-Pacific
o Middle East & Africa
o Rest of World

Global fresh food packaging market is projected to reach USD 102.7 Billion by 2024, growing at a CAGR of 3.90% during the forecast period. Extended shelf life and convenience in fresh food transportation are propelling the need for effective fresh food packaging.

Asia-Pacific is the fastest growing region for global fresh food packaging market, owing to the increasing export and import of food from countries such as China, Philippines, Vietnam, India and Indonesia. Moreover, rising number quick service restaurants facilities and adoption of packaging for cooked food in the region are also bolstering the growth of Asia-Pacific fresh food packaging market.
High amount of food wastage and rising awareness and concerns about global warming are leading for the adoption of innovative techniques of fresh food packaging and positively impacting the growth of market. North America fresh food packaging market. In North America region, per capita food waste is nearly 85-95 kg every year.

Market Drivers and Challenges

Concerns over disposing the waste material during the manufacturing and packaging process and fluctuating cost of raw material and its availabilityare likely to hinder the adoption of fresh food packaging and thereby impact the market growth. Changing consumer preferencesover fiber-based products and non-fiber substitutes affects the prices of packaging products.Tax affairs of operations in different countriesand changes in regulatory regimes may adversely impact the market players to expand the fresh food packaging business in foreign countries. These factors are expected to inhibit the growth of the global fresh food packaging market. However, rising awareness on reducing the amount of food waste and demand for convenient food solution are paving the way for innovative fresh food packaging and expanding the fresh food packaging business across the globe.

Key Market Players

• International Paper Company
• Amcor Limited
• DS Smith Plc
• DuPont
• Smurfit Kappa
• BALL Corporation
• COVERIS
• Mondi Group
• Ultimate Packaging
• PP Global

for More Details or to get full report visit: https://www.aarkstore.com/containers-packaging/802478/global-fresh-food-packaging-market-outlook

Category: Business Services Market
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Aarkstore Enterprise
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