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Dairy Products Packaging Market: Global Industry Size, Share and Trends Analysis and Forecast, 2015-2021
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Growing demand for dairy products is expected to drive the dairy products packaging market growth. Increasing preference of the people towards yogurt and other smaller multipacks is also anticipated to boost the growth of the global market. Adoption of attractive packaging methods for dairy products entices potential customers to purchase these products; this, in turn, is expected to boost demand in the near future. The global dairy products packaging market uses biodegradable plastic which has less impact on the environment and is easily degraded by the microorganisms; this factor is also anticipated to augment the global market growth. Conversely, strict government regulations regarding environmental concerns may restraint the market growth in the future.
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The global dairy products packaging market is segmented on the basis of packaging materials as glass, flexible plastic, rigid plastic, metal, paper and paperboard, metal, and others. Of which, flexible plastic segment dominates the global market. Owing to its well-known properties such as high-cost benefits, light in weight, and reduction in landfill waste, it is widely accepted. On the basis of applications, the global dairy products packaging market is further categorized as frozen products, milk, cultured products, cheese, and others. Of which, milk is the dominating segment and accounts for the largest market share in the global market.
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Europe is a dominating regional segment in terms of production as well as consumption of dairy products. This region is anticipated to witness high growth in the dairy products along with yellow fats products. Asia-Pacific is expected to witness remarkable growth in the consumption of the dairy products. In addition, this region has been the consistent leader of dairy products in production and consumption. Furthermore, Latin America is also gaining considerable growth in the market owing to its globally recognized dairy products.
Some of the leading players in the global dairy products packaging market are Meiji Dairies Corp., Parmalat S.P.A, Fonterra Group Cooperative Limited, Dairy Farmers of America Inc., Arla Foods UK Plc., Dean Foods Company, Amul, Kraft Foods, Inc., Groupe Lactalis SA, and Danone. Other key players influencing the global market are Unilever N., Megmilk Snow Brand Co. Ltd., Royal FrieslandCampina N.V., Nestle SA, and Sancor Cooperativas Unidas Limited.
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