Market Overview

The demand for fresh produce is estimated to rise in the coming years contributing to the development of the fresh food packaging market 2020. The packaging and transport industry reports are produced by Market Research Future, which highlights market options for expansion. The market is predicted to gain the highest CAGR in the forecast period.

The inclination towards the consumption of fresh produce is estimated to increase the reliance on the fresh food packaging market. Moreover, the trend of supporting local producers and organic produce is estimated to positively enhance the fresh food packaging market in the upcoming period.

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Competitive Analysis

The improvement in research and development facilities and equipment is further projected to influence the growth of the market in the forecast period. The need to prepare for contingencies such as natural disasters, pandemics, and international trade wars is expected to allow the market a better capability to deal with the challenges. The scope of development of the market shows a high growth potential that the market can achieve in the coming years. The strategic allocation and positioning of assets are expected to aid each competitor in the mart with their growth goals. The inducement of definite regulations introduced by the governments of several countries is estimated to enhance the profits that can be gained by the market. The availability of suitable means to build robust distribution channels is estimated to characterize the future expansion of the market in the forecast period. The stability of the economic state is expected to further lend to the favorable development in the global market strength.

The crucial contenders in the fresh food packaging market are   Amcor Limited (Australia), Smurfit Kappa Group (Ireland), Bemis Company, Inc. (U.S.), Coveris Holdings S.A (U.S.), D.S. Smith Plc. (U.K), Mondi Plc. (South Africa), Silgan Holdings Inc. (U.S.), International Paper Company (U.S.), E. I. du Pont de Nemours and Company (U.S.), and RockTenn Company (U.S.) to name a few.

Market Segmentation

The MRFR report highlights an inclusive segmental analysis of the global fresh food packaging market based on end use and material. 

By material, the global fresh food packaging market is segmented into metal, glass, flexible and rigid plastic, paper and paperboard, and others. Of these, the paper segment will lead the market over the forecast period. 

By end use, the global fresh food packaging market is segmented into meat products, dairy products, vegetables, fruits, and others. Of these, meat products will dominate the market over the forecast period. 

Regional Analysis

By region, the global fresh food packaging market covers the growth opportunities and recent trends across Europe, North America, the Asia Pacific (APAC), & the Middle East and Africa (MEA). Of these, the APAC region will have the lions share in the market over the forecast period. Increasing export of vegetables and fruits from India and China, growing awareness about global warming, growing concerns about the environment, availability of eco-friendly packaging technologies that are cost-effective and made from recycled material, growing demand for packaged foods, growing health consciousness, the prevalence of airborne diseases, and consumers growing disposable income are adding to the global fresh food packaging market growth in the region. 

In North America, the global fresh food packaging market is predicted to have healthy growth over the forecast period. Growing awareness about global warming, rising concerns about the environment, and the availability of solutions such as eco-friendly packaging are adding to the global fresh food packaging market growth in the region. 

In Europe, the global fresh food packaging market is predicted to have sound growth over the forecast period, and in the MEA is predicted to have steady growth over the forecast period. 

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Industry Updates:

Mar 2020 Aptar Food and Beverage, a US-based company and a branch of AptarGroup, has presented an anti-pathogenic packaging product to shield fresh-cut produce. InvisiShield platform can be included in sealed packages to put off the increase of fungi, bacteria, or viruses on the food product, as well as lessen contamination possibility.

Mar 2020 Sufresca, an Israel-based, has created edible coatings that eliminate fresh produce plastic packaging and diminish food loss and waste. The custom-made edible formulations arrive with simply implemented application technique and preserve the appearance and taste like as if just harvested.

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