food packaging market trends for High Rise Buildings Market trends Projected to Expand by 2030

food packaging market trends 

The market of Fresh Food Packaging is anticipated to reach USD 183.45 billion by 2027 and register a CAGR of 5.78% throughout the forecast period of 2027.

Competitive Analysis

List of the Key Companies Profiled in the Fresh Food Packaging Market Report are–

  • Amcor Limited (Australia)
  • D.S. Smith Plc. (UK)
  • Smurfit Kappa Group (Ireland)
  • Mondi Plc. (South Africa)
  • Coveris Holdings SA (US)
  • Bemis Company Inc. (US)
  • Silgan Holdings Inc. (US)
  • E. I. du Pont de Nemours and Company (US)
  • RockTenn Company (US)
  • International Paper Company (US)
  • others.

Get Free Sample PDF Brochure https://www.marketresearchfuture.com/sample_request/2498

The fresh food packaging market witnesses several strategic approaches, such as collaboration, mergers & acquisitions, expansion, and product/ technology launches. Major industry players make strategic investments to drive their research & development activities and expansion plans.

With consumer demand for fresh food packaging on the rise, manufacturers strive to design solutions that can offer innovative solutions to their customers, enhancing products’ direct visibility and longevity.

For instance, recently, on Sep.17, 2021, BW Flexible Systems, a Barry-Wehmiller Packaging Co., launched a new intelligent, sanitary design Hayssen ISB vertical-form-fill-seal (VFFS) bagger for food packaging. BW Flexible Systems offers packaging solutions for frozen/individually quick-frozen (IQF) food, fresh produce, and cheese.

The company expects those food packagers who use flexible packaging would appreciate the new smart, hygienic design and intuitive operation of the VFFS baggers.

COVID-19 Impact:

Onset of the COVID-19 pandemic hit the fresh food packaging industry severely. Although the demand for fresh foods & beverages was significant amid the pandemic-driven crises, growers/shippers, re-packers, and retail stores faced huge revenue losses. Besides, the lockdown mandates halted the production of several key raw materials required to manufacture packaging solutions, resulting in spiked prices and lowered demand for fresh food packaging solutions.

Browse the In-depth Market Research Report (185 pages) on Fresh Food Packaging https://www.marketresearchfuture.com/reports/fresh-food-packaging-market-2498

However, the market is rapidly returning to normalcy and witnessing a steadily increasing demand. Moreover, the rising consumption of intelligent packaging solutions, alongside the increased production activities and demand for storage and distribution applications, is estimated to offer robust market opportunities.

Segmentation

The market is segmented into materials, end-uses, and regions. The material segment is sub-segmented into paper & paperboard, flexible & rigid plastic, glass, metal, and others. The end-use segment is sub-segmented into fruits & vegetables, meat products, dairy products, and others. Among these, the fruits and vegetable segment accounts for the largest market share, witnessing the continually rising demand for food packaging.

Also, the meat, poultry & seafood packaging segment is growing exponentially due to the increasing number of retails outlets, overall rise in retail sectors, and increasing demand for processed food items. The region segment is sub-segmented into Americas, Europe, Middle East & Africa, Asia Pacific, and rest-of-the-world.

Share your Queries https://www.marketresearchfuture.com/enquiry/2498

Regional Analysis

The Asia Pacific region accounts for the largest fresh food packaging market share globally. Rising exports of fresh produce boost the region’s fresh food packaging market size. Besides, the growing demand for flexible packaging due to the introduction of intelligent packaging solutions and high production rates of produces increase the fresh food packaging market value in the region.

China and India, backed by the rising demand for efficient packaging solutions and high exports of produces, account for the largest markets for fresh food packaging solutions in the region. Moreover, vast investments in product developments and upgrades of packaging technology, alongside the increasing e-commerce businesses, drive the fresh food packaging market growth in the region.

Segmentation of Market covered in the research:

Fresh Food Packaging Market Information Report: by Material (Flexible & Rigid Plastic, Paper & Paperboard, Metal, Glass, Others), End-Use (Meat Products, Fruits, Vegetables, Dairy Products, Others), Region — Forecast till 2028

About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end-users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

Market Research Future®

99 Hudson Street,5Th Floor

New York, New York 10013

United States of America

Phone:

+1 628 258 0071(US)

+44 2035 002 764(UK)

Email: sales@marketresearchfuture.com

Comments

Post a Comment

Popular posts from this blog

Regulatory Hurdles and Spectrum Access in the Private 5G Market

The private 5G market represents a burgeoning segment within the broader telecommunications industry, focusing on the deployment of 5G networks for private use by enterprises, industries, and organizations. Unlike public 5G networks, which are available to the general public, private 5G networks offer dedicated bandwidth and infrastructure tailored to the specific needs of an organization, providing enhanced security, reliability, and performance. Global private 5G market is expected to be valued at USD 2.0 billion in 2023 and is projected to reach USD 11.8 billion by 2028 ; it is expected to grow at a CAGR of 42.3% from 2023 to 2028 Market Overview The private 5G market is witnessing rapid growth driven by the increasing demand for high-speed, low-latency connectivity that can support advanced applications and the Industrial Internet of Things (Biot). These networks are becoming essential for industries such as manufacturing, logistics, healthcare, and energy, where the need for reli
Read more

Submarine Cable System Market to grow from USD 18.2 billion in 2024

 Submarine Cable System Market to grow from USD 18.2 billion in 2024 and is expected to reach USD 29.7 billion by 2029, growing at a CAGR of 10.3% from 2024 to 2029. The submarine cable systems market , encompassing a critical infrastructure for global communications and data transfer, has seen significant growth and transformation. As of 2023, this market is valued at several billion dollars, driven by increasing data traffic, the proliferation of cloud services, and the ongoing expansion of internet connectivity worldwide. Market Overview Submarine cable systems are underwater cables laid on the seabed between land-based stations to carry telecommunication signals across stretches of ocean and sea. These cables are pivotal in connecting continents and facilitating international communication, accounting for nearly 99% of global data traffic. Key Drivers Data Traffic Surge : The exponential growth in data consumption, fueled by streaming services, social media, and cloud computing, ha
Read more

India's Rising Tech Tide: Fueling the ITAD Market

IT asset disposition market size is projected to grow from USD 18.4 billion in 2024 and is anticipated to be USD 26.6 billion by 2029, growing at a CAGR of 7.6% from 2024 to 2029. The Asia Pacific (APAC) region is experiencing a significant boom in the IT Asset Disposition (ITAD) market. Fueled by rapid technological advancements, growing environmental concerns, and stricter regulations, businesses are increasingly turning to ITAD services to manage their end-of-life IT equipment responsibly. Let’s delve into the key trends shaping the ITAD landscape in APAC: Downlod PDF Brochure —  https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=28474391 Market Growth Drivers: Rapid IT Refresh Cycles: The rapid pace of technological innovation leads to frequent upgrades, creating a large volume of used IT equipment requiring proper disposal. Data Security Concerns: With the rise of cybercrime, secure data wiping and destruction have become paramount for organizations disposing of IT assets.
Read more