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Global Fresh Food Packaging Market Size, Trends, and Analysis - Forecasts To 2026 By Material (Polypropylene, Polyethylene, Paper, Aluminum, BOPET, Poly Vinyl Chloride and Others (glass, wood, and textiles)), By Pack Type (Converted Roll Stock, Gusseted Bags, Flexible Paper, Corrugated box, Boxboard, Cans, and Others (Stand-up Pouches and Wicketed Bags)), By Application (Meat products, Vegetables, Seafood, Fruits and Others (Dairy and Poultry)), By Region (North America, Asia Pacific, CSA, Europe, and the Middle East and Africa); End-User Landscape, Company Market Share Analysis & Competitor Analysis
Fresh Food Packaging is a technique for packing fresh food that prevents the products from any kind of physical, chemical, or biological contamination.Paper, polyvinyl chloride, and aluminum are gaining popularity from customersdue to their affordability, convenience, and sustainability, which, in turn, is increasing the packaging growth of poultry, dairy, and meat products packaging materials. New packaging technologies, such as intelligent packaging, active packaging, and engineering science, are getting evolved, which allows for better flexible packaging offresh food products. Companies are also preferring to userecyclable, renewable, and reusable packaging by using biodegradable packaging materials, for the sake of the environment. The increasing health consciousness regarding the consumption of fresh food is driving the consumers to opt for products with better shelf life, which in turn is driving the market of fresh food packaging rapidly.
The sevendifferent categories, according to the materials used arepolypropylene, polyethylene, paper, aluminum, BOPET, polyvinyl chloride, and others which include glass, wood, and textiles.Polyethylene is estimated to be thefastest-growingdomain in the given timeframe, as it is the easiest and most customizable option. It is low weight, malleable, reusable, processable, it also is leakage proof, which means it does not allow vapor to pass through it, and after heat-sealed, it is air-tight too. These various characteristics cause this segment to face a rapid demand in the packaging market, especially in the packaging of milk, juice, grocery, meat for assuring their quality, freshness, texture as well as nutrients unharmed.
According to the type of packs, the market is split intogusseted bags, flexible paper,cans, boxboards, and others. Between these, the converted roll stock segment is observed to grow at a soaring CAGR in the given time. It is the most common pack type used for fresh food packaging. It helps the packaging process to go faster in comparison to the other ones, it also reduces the cost of packaging due to its less wastage in the form-fill-seal machine. The market demand is growing rapidly, due to its ability to sterilize it easily by a peroxide bath.
Based on its application, the market can be divided into several categories, such as, meat products, vegetables, seafood, fruits, and others, that includes dairy and poultry. During the forecasting period, the meat products packaging domain will be growing rapidly. The increasing demand for fresh, safe, storable meat, the growing consciousness of consuming animal protein, and the changing eating habits are some of the expected key drivers of this segment.
The most prominentshare of the market demand is expected tobe held by the APAC region. Owing to the rising population coupled with their increasing disposable incomes, rising demand for packaged foods, coupled with rising health concerns from the consumers especially in China and India, increasing demand for online purchasesare driving the market demand rapidly. Also, the increasing exports of vegetables and fruits in the APAC region are playing a key role in increasing the market demand.
International Paper Company, WestRock Company, Amcor PLC, Sealed Air Corporation, Coveris, DS Smith PLC,DuPont, Mondi PLC, Silgan Holdings Inc., Smurfit Kappa, Sonoco Products Co., Anchor Packaging Inc., Schur Flexibles, Printpack Inc., Ultimate Packaging Limited, Packaging Corporation of America, Bomarko Inc., Graphic Packaging Holding Co., Ampacet Corporation, and Temkin International Inc. are the majorvendors competing in this market.
Please note: This is not an exhaustive list of companies profiled in the report.
In June 2019, Amcor PLC acquired Bemis Company Inc. (US), whichled to additional scale, capabilities, further strengthening Amcor’s position in the market.
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The Global Fresh Food Packaging Market has been studied from the year 2019 till 2026. However, the CAGR provided in the report is from the year 2021 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Fresh Food Packaging Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.
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