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Showing posts with the label Global Fresh Food Packaging Market

Global Fresh Food Packaging Market Anticipated to Grow at a CAGR of 3.90% during 2016-2024

According to Goldstein Research, global fresh food packaging market is expected to reach USD 102.7 billion by 2024, growing at a CAGR of 3.90% over the forecast period 2016-2024. Extended shelf life and convenience in fresh food transportation are propelling the need for effective fresh food packaging. Global fresh food packaging market segmentation has been done on the basis of packaging type, packaging material type, application, end user and geography. High amount of food wastage and rising awareness and concerns about global warming are leading for the adoption of innovative techniques of fresh food packaging and positively impacting the growth of market. Global fresh food packaging market is largely dominated by Asia Pacific owing to the increasing export and import of food from countries such as China, Philippines, Vietnam, India and Indonesia. Moreover, rising number of quick service restaurants facilities and adoption of packaging for cooked food in the region are also bo...