Fresh Food Packaging Global Market Flourishes Relentlessly; Asserts MRFR Unleashing Industry Forecast Up To 2023

Pune, India, December 2017/MRFR Press Release/- Market Research Future published a half-cooked research report on “Global Fresh Food Packaging Market Research Report - Forecast to 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022. Global Fresh Food Packaging Market - OverviewThe global fresh food packaging market is a very dynamic market and is expected to witness high growth over the forecast period. The growth is influenced by the undertaking of various government initiatives towards food safety and the increase in demand for small-portion food items/demand for single-use packaging. However, the inclination towards freshly cooked food is expected to hinder the growth of the market.To improve hygiene in food processing, different measures are being taken by the governments of various countries to ensure food safety. Thus, the packaging of processed food products has become an important step to ensure the safety and hygiene of food products. The government has come up with several schemes to provide financial assistance for setting up and modernizing food processing units. With the change in the consumer lifestyle and the increasing trend of smaller families, food items packaged in smaller portions are being demanded more. For meat blocks, meat cuts or smaller portions of meat or meat products, single-layer films provide good protection from external contamination and to some extend from evaporation. Another important utilization for single-layer films is in freezer storage.With the increasing adoption of convenience shopping, the retail sector is growing rapidly. The retail sector is booming, owing to factors such as favorable demographics, rising consumer incomes, and real estate developments, especially the emergence of new shopping malls. The growth in turn induces the demand for such packaged fresh food from these retail outlets.Key Players: D.S. Smith Plc. (U.K.), Amcor Limited (Australia), Smurfit Kappa Group (Ireland), Coveris Holdings S.A (U.S.), Mondi Plc. (South Africa), Bemis Company, Inc. (U.S.), E. I. du Pont de Nemours and Company (U.S.), Silgan Holdings Inc. (U.S.), International Paper Company (U.S.) and RockTenn Company (U.S.) are some of the prominent players at the forefront of competition in the global fresh food packaging market and are profiled in MRFR Analysis. Global Fresh Food Packaging Market - Competitive Analysis Extensive growth in global fresh food packaging industry has brought to light that partnerships & collaborations on large scale for sustainable product development and merging & acquisitions of small scale packaging industries by key players, is a key strategy adopted extensively by the players to spread their geographical presence and improve operational efficiencies.DuPont has many partnership agreements with global companies to establish new production facility as well as developing high technology packaging solutions. For instance, DuPont believe in science and innovation which helps them in sustainability in packaging, optimizing the amount of packaging material used and enabling a futuristic technique where all packaging is recycled or its value is recovers.Similarly Smurfit Kappa Group’s manufacturing footprint provides it with a competitive edge as the corrugated packaging market is most of the times localized and needs to be close to the end-users. Since, over 50% of the company’s business revenue comes from FMCG sectors including food, beverages, household goods, and others, Smurfit believes in intensifying its presence with its various manufacturing set ups. It sees strategic collaborations with prominent players in the market to achieve technological advantages as well as to expand its geographical reach.Bemis Company Inc. on the other hand has done various acquisitions so as to diversity its facilities. It had acquired SteriPack Group mainly to diversify its facility in Ireland and packaging production in Malaysia and the U.S. Acquisition will support the growth of the company by expanding in the market, which will fit best of the company’s capabilities and strength. Global Fresh Food Packaging Market - SegmentsGlobal Fresh Food Packaging Market is segmented in to 3 Key dynamics for an easy grasp and enhanced understanding.Segmentation By Material : Comprises – Flexible & Rigid Plastic, Paper & Paperboard, Metal, Glass, Others. Segmentation By End-use : Comprises – Meat Products, Fruits, Vegetables, Dairy Products, OthersSegmentation By Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the WorldGlobal Fresh Food Packaging Market -

Regional Analysis