Increased awareness of packaged food, boosting the Development of Global Fresh Food Packaging

Fresh food packaging helps protect food products from environmental factors and physical harm as well as providing consumers with the information about the food ingredients and their nutritional value but, most importantly it aids in maintaining the food’s quality in accordance with the standards set by the manufacturer. The packaging for fresh food is comprised of various materials, including paper, aluminum, polyethylene BOPET (Biaxially-oriented polyethylene Terephthalate) along with poly-vinyl chloride. The world’s fresh food packaging industry mostly is involved in meat and meat products as well as fruits, vegetables and seafood.

The market for fresh food packaging is growing in line with the growing industry of packaging. With the growing awareness of global warming and worries about the environmental impact of packaging, the industry is shifting to environmentally friendly methods of packaging, including recycling packaging materials, which has had an effect on the demand for fresh food packaging in the world by increasing the demand for fresh food packaged.

The Fresh Food Packaging market expected to grow to USD 95.91 Billion in 2020, with an annual rate of 3.38 percent from 2015 to 2020, which indicates an increasing market for packed food.The worldwide market for fresh foods packaging is expected to be USD 95.91 Billion in the year 2020 with a CAGR of 3.38 percent from 2015 until 2020, which indicates an increase in demand for packaged food products.

Growth Factors

* Demand for Food Convenience

* Shelf life extension for Fresh Food

Opportunities:

* Innovative Packaging for Eco-Friendly Products

* Awareness of the Consumer about Health concerns can influence the market

The Major Application Domain:

* Meat and meat products

* Vegetables

* Seafood

* Fruits

* Other (dairy and meat)

The major players in the market include Amcor Limited (Australia), Coveris Holdings S.A (U.S.), Smurfit Kappa Group (Ireland), E. I. du Pont de Nemours and Company (U.S.), Mondi Plc (South Africa), Bemis Company, Inc. (U.S.), International Paper Company (U.S.), D.S. Smith Plc (U.K.), Silgan holdings Inc. (U.S.), RockTenn Company (U.S.), and Sealed Air Corporation (U.S.).

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