Food packaging is a process for packing food items in such a way that the packaging provides tampering resistance, protection & company name/logos/symbols, nutritional facts labeling, chemical & biological needs for the food and special physical requirements regarding the food that is being packed for retail. A good food packaging speaks a lot about the brand that packs the food and also aids customers to give in a good feedback. Food packaging aids in providing the food items: a longer shelf life, barrier protection from dust, water vapor etc, safety from contamination, easier marketing at super markets where all the information like price, weight etc is given on the food and Convenience of food Packaging add stacking, in distribution, display, sale, opening, convenience handling, reclosing, use & reuse.
Food Packaging Market: Key Players
The research study includes profiles of leading companies operating in the global food packaging market. Key players profiled in the report include: Berry Plastics, Kraft Foods, PepsiCo, Tetra Pak, Dine Market, Beam Suntory, Impact Plastics, INX International Packaging, Kellogg’s Co., McCain Foods, CSI Closure Systems International, Cargill Inc., AmeriPak, Inc. and ConAgra Foods, Inc.
Drivers for the Global Food Packaging Market:
Rising demand for proper food packaging by many food service industries, proper packaging is a key factor as it improves the shelf life & high efficiency in preventing food contamination and busy & modern lifestyles of people due to which they are shifting to changing eating habits (semi cooked foods). Hence these factors are the major drivers of the market and are owing to increase the disposable income and growth of the market.
Opportunities for the Global Food Packaging Market:
Moreover, due to increasing theft food packages have specific bar codes that can ring an alarm at the check barriers hence provide security, rise in the economy leading to more food consumption, high demand for frozen foods & semi cooked foods as they are convenient and increasing number of supermarkets & food industries. Hence these factors will provide opportunities for the future growth of the market.
Restrains for the Global Food Packaging Market:
However, increase in the wastage of plastics/cardboard & other packaging items can increase the rate of land pollution, risks of improper food packaging can lead to food spoilage and increasing health concerns towards plastic packaging of foods. Hence these factors can majorly hamper the growth of the food packaging industry.
Region Wise, Global Food Packaging Market Analysis:
Asia Pacific held major share in the market due to general economic conditions, increase in the population, investment in new technology, Asia has the largest number of consumer owing to its large population & growing economy, high purchasing power of the people and increasing number of supermarkets & retail stores. Besides, North America and Europe held a large share in the market.
Global Food Packaging Market: Product analysis
Global Food Packaging Market: Application analysis
- Bakery & Confectionary
- Dairy Products
- Fruits & Vegetables
- Meat, Poultry, & Seafood
- Sauces & Dressings
Global Food Packaging Market: Region analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of L.A.
- Middle East and Africa
- South Africa
- Rest of Middle East
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