Press release
Cereal Packaging Market Offering Solutions, Application, Services And Industry Growth 2019-2025
In 2019, Kashi, a US producer of whole grain cereals and other plant-based foods, rebranded its top-selling product GOLEAN to Kashi GO with new packaging and logo reflecting its evolving brand. Kashi GO was introduced with a new protein bar format and cereal flavor.
Players to Use Advanced Technology to Achieve Growth in Global Market
The presence of a considerable number of players in the global cereal packaging market is prognosticated to make the vendor landscape highly competitive. Companies are expected to launch new products and adopt latest technology to secure a strong position in the global market. Some of the major players of the global market are Amcor Limited, Smurfit Kappa Group, Mondi Group, WestRock Company, DS Smith Packaging Limited, Oji Holdings Corporation, Packaging Corporation of America, Georgia-Pacific LLC, and International Paper Company.
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Amcor Introduced New High-barrier Flexible Food Packaging in 2019
Australia’s Amcor Limited is a global leader in the development and manufacture of top-quality, responsible packaging products for the food and beverage and other industries. In April 2019, it introduced a high-barrier, recyclable, and unique flexible packaging called AmLite Ultra Recyclable for an array of food, pharmaceutical, and home and personal care products. This packaging is the first that the company produced using its more sustainable, revolutionary high-barrier polyolefin film it announced in 2018. Earlier in 2019, the company partnered with MassChallenge Switzerland, a startup accelerator, for identifying and supporting startups involved in innovative packaging and sustainability.
By Material Type
● Paper and Paperboard
● Plastic
● Glass
● Metal
● Others
By Packaging Type
● Flexible Packaging
● Rigid Packaging
Among material types, plastic is foretold to take a leading position in the global cereal packaging market in terms of market share. According to market experts, the segment of flexible packaging is anticipated to account for a telling share of the global market because of the high demand for convenient and lightweight packaging.
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