Published by Coherent Market Insights
Posted on September 20, 2021
Fruit packaging is of utmost importance, which ensures that fruits are protected from mechanical damages and adverse climatic conditions during the process of handling and distribution. Packaging of fruits is not beneficial in delaying or preventing spoilage of fresh fruits. Improper packaging of fresh fruits could accelerate spoilage. However, packaging of fruits offers protection against moisture loss, contamination, and damage.
The global fresh food packaging market size was estimated at USD 120.4 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 4.0% from 2021 to 2027.
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Market Dynamics:
The fruit packaging market is expected to witness significant growth over the forecast period, owing to increasing demand for innovative packaging solutions for both soft fruits and hard fruits. Soft fruits such as grapes are highly perishable and can be crushed easily thereby leading to rotting of fruits. Thus, soft fruits are usually packed in semi-rigid containers or polyethylene bags with adequate ventilation holes. Moreover, hard fruits such as apples are comparatively less perishable and have higher shelf life. Therefore, most common type of packaging used for hard fruits include open trays or the plastic film over trays. Hard fruits are also packaged in nets or perforated polyethylene films.
Market Outlook:
Based on packaging type, the global fruit packaging market is segmented into flexible and rigid packaging. Amongst these, rigid packaging segment is expected to account for significant market share over the forecast period. This can be attributed to increasing usage of corrugated fiberboard boxes as a major container in food industry, owing to low cost to strength & weight ratio. This also has a non-abrasive and smooth surface, which offers good cushioning factor. The corrugated fiberboard boxes are also reusable and recyclable, which makes it capable for use in fruit packaging.
Key players:
Key players operating in the global fruit packaging market include Smurfit Kappa Group Plc, Sonoco Products Company, Mondi Group Plc, Bemis Company, Inc., International Paper Company, Linpac Packaging Limited, Sealed Air Corporation, and Amcor Limited among others.
Research Methodology
Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:
Great savings for you 2000$ Discount On Report: https://www.coherentmarketinsights.com/insight/request-discount/3647
In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post Fresh Food Packaging Market Size Was Estimated At Usd 120.4 Billion In 2020 appeared first on Gatorledger.
Fruit packaging is of utmost importance, which ensures that fruits are protected from mechanical damages and adverse climatic conditions during the process of handling and distribution. Packaging of fruits is not beneficial in delaying or preventing spoilage of fresh fruits. Improper packaging of fresh fruits could accelerate spoilage. However, packaging of fruits offers protection against moisture loss, contamination, and damage.
The global fresh food packaging market size was estimated at USD 120.4 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 4.0% from 2021 to 2027.
Get a Sample Copy + All Related Graphs & Charts: https://www.coherentmarketinsights.com/insight/request-sample/3647
Market Dynamics:
The fruit packaging market is expected to witness significant growth over the forecast period, owing to increasing demand for innovative packaging solutions for both soft fruits and hard fruits. Soft fruits such as grapes are highly perishable and can be crushed easily thereby leading to rotting of fruits. Thus, soft fruits are usually packed in semi-rigid containers or polyethylene bags with adequate ventilation holes. Moreover, hard fruits such as apples are comparatively less perishable and have higher shelf life. Therefore, most common type of packaging used for hard fruits include open trays or the plastic film over trays. Hard fruits are also packaged in nets or perforated polyethylene films.
Market Outlook:
Based on packaging type, the global fruit packaging market is segmented into flexible and rigid packaging. Amongst these, rigid packaging segment is expected to account for significant market share over the forecast period. This can be attributed to increasing usage of corrugated fiberboard boxes as a major container in food industry, owing to low cost to strength & weight ratio. This also has a non-abrasive and smooth surface, which offers good cushioning factor. The corrugated fiberboard boxes are also reusable and recyclable, which makes it capable for use in fruit packaging.
Key players:
Key players operating in the global fruit packaging market include Smurfit Kappa Group Plc, Sonoco Products Company, Mondi Group Plc, Bemis Company, Inc., International Paper Company, Linpac Packaging Limited, Sealed Air Corporation, and Amcor Limited among others.
Research Methodology
Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:
Great savings for you 2000$ Discount On Report: https://www.coherentmarketinsights.com/insight/request-discount/3647
In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
The post Fresh Food Packaging Market Size Was Estimated At Usd 120.4 Billion In 2020 appeared first on Gatorledger.
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