Press release
Explained: Why Covid-19 may affect the Global Fresh Food Packaging Market
Fresh Food Packaging Market
According to a recent report published by Research Dive, the global fresh food packaging market is anticipated to garner $101.13 billion by 2027, growing at a health CAGR from 2019 to 2027.
The report segments the global market on the basis of material, application and regions. This report is a comprehensive analysis of recent drivers, key segments, opportunities, restraints, and major players of the market.
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Factors Affecting the Market Growth
As per the report, growing health concerns and stringent government regulations are expected to greatly fuel the growth of the fresh food packaging industry, during the forecast period. On the other hand, waste disposal of packaging is likely to hamper the global fresh food packaging market.
Metal/ wood and glass packaging segment will be most lucrative till 2026
Metal/wood and glass packaging solutions will have a rapid growth in the global market, and they are expected to register a significant revenue during the forecast timeframe. These materials are known for their sturdy nature, and they are the most suitable for fresh food packaging during transportation, which ensures no tampering.
Check out How COVID-19 impact on the Fresh Food Packaging Market. Click here to Connect with Analyst @ https://www.researchdive.com/connect-to-analyst/260
Meat and seafood segment to register maximum growth
The meat and seafood segment for the fresh food packaging market is anticipated to grow exponentially during the forecast period. Meat and seafood consumers have increased significantly, owing to their nutritional benefits.
Regional Breakdown of the Market
The global fresh food packaging market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia Pacific region contributes to the largest market share in the fresh food packaging market during the forecast period. The region is one of the largest producers and consumers of fresh food items; this is mainly owing to the rise in airborne diseases and increasing emphasis on health concerns in consumers.
Top Companies Leading the Market
The major players of the global fresh food packaging industry are
• International Paper,
• Silgan Holdings Inc.,
• WestRock Company,
• DS Smith,
• Sealed Air,
• DuPont,
• Smurfit Kappa,
• Amcor plc,
• Coveris., and Mondi.Electric,
• NOJA Power Switchgear Pty Ltd,
• Stelmec,
• ARTECHE,
• ELECTRIC&ELECTRONIC CO., LTD.
These players are implementing various business strategies like mergers and acquisitions, collaborations & partnerships in order to gain a major market share in the global industry.
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Mr. Abhishek Paliwal
Research Dive
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About Us:
Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.
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