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Fresh Food Packaging Market Growth Forecast at 3.38% CAGR to 2020 Driven by Quality and Convenience Factors


News provided by

ReportsnReports

09 Oct, 2015, 10:00 GMT

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PUNE, India, October 9, 2015 /PRNewswire/ --

The growth of global fresh food packaging market is driven primarily by emphasis on the quality of products and services, convenience of packaged fresh food and increasing health awareness concerns.

Complete report on fresh food packaging market spread across 272 pages, profiling 11 major companies and supported with 157 tables and 51 figures is now available at http://www.reportsnreports.com/reports/427078-fresh-food-packaging-market-by-application-meat-products-fruit-vegetables-seafood-material-pe-pp-paper-aluminum-bopet-pvc-by-pack-type-converted-roll-stock-gusseted-bags-flexible-paper-corrugated-box-others-global-forecast-to-2020.html .

Major fresh food packaging market companies and associations emphasize on spreading awareness about fresh food packaging, their lucrativeness for health and the environment, and cost-effectiveness. The key players in the market have a strong distribution network across the world and the financial strength to sustain them. The same cannot be said about new entrants in the market. For the fresh food packaging market, it is essential to have a strong distribution network to enable timely delivery of the product to consumers whenever needed and to maintain standards. The players in the global fresh food packaging market are well-established. Hence, it is difficult for new players to enter the market and compete with established players.

The key players adopted inorganic growth strategies such as mergers and acquisitions to increase their scope in fresh food packaging market. These companies aimed at strengthening their position globally. They invested considerably to acquire fresh food packaging businesses of local as well as established market players to reinforce their market position in the particular region.

Increasing population and increasing awareness of fresh packaged food drives the growth of the global fresh food packaging market. Factors such as increasing raw material costs, severe issue of disposal of waste material generated during the manufacturing process are the biggest challenges faced by the key players in the market. The global fresh food market is marked with intense competition due to the presence of a large number of both, big and small firms. New product launches, mergers & acquisitions, and partnerships and expansions are the key strategies adopted by market players to ensure their growth in the market.

The key players in the market are 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.). Order a copy of Fresh Food Packaging Market by Application (Meat Products, Fruit, Vegetables, Seafood), Material (PE, PP, Paper, Aluminum, BOPET, PVC), by Pack Type (Converted Roll Stock, Gusseted Bags, Flexible Paper, Corrugated Box, Others) - Global Forecast to 2020 at http://www.reportsnreports.com/Purchase.aspx?name=427078 .

Another research on ambient food packaging market says ambient foods undergo rigorous heat treatment to destroy potentially harmful microorganisms and have a long shelf-life. Pasteurisation and sterilisation are the two primary heat treatment processes used in the packaging of ambient food. The global food and beverages market is expected to reach $5.77 trillion by 2017, growing at a CAGR of 5.02%. An increase in demand for ambient food has brought about a transformation in the packaging industry. The vendors in the global ambient food packaging market are continuously inventing new packaging materials that can prevent contamination of food products and extend their shelf-life. The global ambient food packaging market can be segmented into two based on the type of product and type of packaging. The report, Global Ambient Food Packaging Market 2015-2019, mentions companies like Amcor, Rexam, RPC Group, SIG, Tetra Pak, Alert Packaging, Ampac, Bemis, DSG Contract Packaging, Dupont, Excelsior Technologies, KM Packaging, Marsden Packaging, Mondi Group and Winpak. Read more at http://www.reportsnreports.com/reports/401688-global-ambient-food-packaging-market-2015-2019.html .

Explore more reports on food packaging market and overall food and beverages industry at http://www.reportsnreports.com/market-research/food-and-beverages/ .

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