Global Dairy Packaging Market is predicted to grow at approximately 4.4% by 2021-2030

Pune, India, January, 25 2016 /MRFR Press Release/- Market Research Future published a half cooked research report on Global Dairy Packaging Market. The global market for global dairy packaging market is expected to grow over the CAGR of around 4.4% during the period 2021-2030.

Market Highlights

Dairy packaging Market is used to store, handle, protect, and deliver dairy processed products. The main purpose of packaging is to provide products to consumer in perfect condition. The packaging of such products also provides the information about product content, procedure, and ingredients information among others. These are of high importance in such packaging as the dairy products have a shorter shelf life and the information about the manufacturing and expiration dates become mandatory. However, usage information on the packaging can limit buyer from buying is one of the major disadvantages for packaging market.

Additionally, dairy packaging helps in offering the products in smaller quantities. Increasing disposable income and rising consumer preference towards dairy product are the major factors which is driving the market for dairy packaging. Whereas, rising cost of raw material, product safety, sanitation and worker safety slows the growth of dairy packaging market. Growing awareness about health, increasing urbanization, consumption of various dairy products resulting from rising demand for fresh foods as part of a healthy diet are major trends of the dairy food packaging market. The global dairy packaging market is expected to grow at a CAGR of around 5 % in the forecast period.

Drivers of Global Dairy Packaging Market

Market Research Analysis:

The market is highly application based. The key driver for market growth is rising packaged food demand by the increasing population. Dairy packaging market involves various packaging techniques that can prevent dairy items from contamination. As the consumption of dairy products grows across the globe, so will the demand for efficient packaging system. The initiatives that have been taken by the packaging companies in terms of innovations and offerings have greatly contributed to the growth of the dairy market.

On the basis of region, North America is followed by Europe in the dairy packaging market share. Asia-Pacific accounts for the fastest growing market for the dairy packaging market owing to rapidly changing lifestyle of the people, increasing consumption of dairy products in developing nations such as China and India. Furthermore the government initiatives taken for dairy products Government of India is making efforts towards strengthening the dairy sector through various Central sector Schemes like National programme for Bovine Breeding and Dairy Development and among other. The region has also seen a lot of investment in R&D to protect the health of the people, which further fuels the growth of the market.

 Global Dairy Packaging Market Share by End-use in 2015 (in 4.4%)

Scope of the report

This study provides an overview of the global dairy packaging industry, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global dairy packaging market as material, product and end-use. On the basis of material it is segmented as glass, paper, plastic, paperboard and others. On the basis of type it is segmented as bottles, cans, pouches, boxes and others. Additionally, on the basis of application it is segmented as milk, cheese, butter, frozen products and others.

Key Players

The key players of global Dairy Packaging market report include- Ahlstrom, airlite plastics, Allied Glass Containers, Barry-Wehmiller Companies, Blue Ridge Paper Products. Amcor Limited, Ball Corporation, Saint-Gobain S.A, Tetra Laval International S.A, Alcoa Inc., Reynolds Group Holding Limited and Crown Holdings Inc.

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