Fresh Food Packaging Market Size| COVID-19 Impact, Outlook and Future Scope Analysis by 2023

Fresh Food Packaging Market Overview

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 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.

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.)

Silgan Holdings Inc. (U.S.)

International Paper Company (U.S.)

RockTenn Company (U.S.)

Competitive Analysis

Extensive growth in global Fresh Food Packaging Market Size 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.

Market Segments

Global COVID-19 Impact 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, Others
Segmentation By Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World

Regional Analysis

Factors such as the introduction of active and intelligent packaging solutions by vendors such as Amcor and the growing demand for flexible packaging will boost Fresh Food Packaging Market Size growth in Asia Pacific region during the forecast period. China holds the largest share in Asia Pacific due to growing demand for fresh vegetables and fruits. China meat packaging is expected to show a significant growth during the forecast period, owing to factors such as rise in personal disposable income and rise in consumption of beef, pork and other meat.

On account of favorable socio- economic factors such as changing eating habits, higher purchasing power, urbanization, increasing health consciousness towards protein rich diet India has witnessed an increase in demand for meat and the sector has gained importance in terms of contribution to income, employment and foreign exchange earnings.

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