The increase in consumption of convenience foods is driving the food packaging market. Convenience features such as easy opening, portability, and single-use packaging drive food packaging innovation for processed foods. Visual appeal and convenience are the two aspects that drive the growth of the food packaging market.

The food packaging market is segmented on the basis of material, types, application, and geography. The material involved in food packaging are paper & board, rigid & flexible plastic, glass, and metal. The segmentation of the market, on the basis of application includes bakery, confectionery, dairy products, convenience foods , sauces, dressings & condiments, fruits & vegetables, meat, fish & poultry, and other products. The geographical segmentation of the market includes four regions: North America, Europe, Asia-Pacific, and Rest of the World (RoW). The key countries of these regions have also been studied.

Food Packaging Market Size, by Geography, 2014 � 2019 ($Million)

p - Projected

Source: MarketsandMarkets Analysis

The food packaging market is projected to reach a value of $305,955.1 Million by 2019 and Asia-Pacific market is projected to grow at the highest CAGR during forecasted period.

Food Packaging Market Size, by Material, 2014 Vs. 2019 ($Million)

In 2014, the rigid and flexible plastics segments, together, held the largest market share, in terms of material, and were subsequently followed by the metal, and paper & board segments. The paper & board segments are estimated to grow at the highest CAGR from 2014 to 2019.

This report includes market size, in terms of value ($million). It provides both, qualitative and quantitative analyses of the food packaging market, the competitive landscape, and the preferred development strategies of key players.

The key players invest heavily in the expansion of their business and development of new food packaging material to maintain a competitive edge in the market. The key players were observed to prefer new joint ventures, agreements, collaborations, and expansions as strategies to enhance their production facilities and acquire a larger share in the market. The report provides a complete analysis of the key companies and a chronology of developments with respect to new products and their applications. It also analyzes the market dynamics, winning imperatives, and issues faced by the leading players.

Scope of the Report

The research study categorizes the food packaging market on the basis of material, type, application, and geography.

On the basis of materials for food packaging, the market was sub-segmented as follows:

Paper & board

Metal

Rigid plastic

Flexible plastic

Glass

Others (Wood and textile)

On the basis of types of food packaging , the market was sub-segmented as follows:

Rigid

Semi-rigid

Flexible

On the basis of applications of food packaging , the market was sub-segmented as follows:

Bakery

Confectionery

Convenience foods

Dairy products

Fruits & vegetables

Sauces, dressings and condiments

Others (whole grain food, pulses, and oil)

On the basis of geography for food packaging, the market was sub-segmented as follows:

North America

Europe

Asia-Pacific

ROW

Food Packaging Technology & Equipment Market by Technology (Controlled, Active, Advanced, Intelligent, Aseptic), by Equipment (FFS, Labeling, Coding, Wrapping, Case Packaging), by Application and Geography - Trends & Forecast to 2019

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The food packaging market has been segmented on the basis of materials, which include paper & board, rigid & flexible plastic, glass, metal. The applications of food packaging include bakery, confectionery, dairy products, convenience foods, sauces, dressings, condiments, fruits & vegetables, meat, fish & poultry, and others. The demand for convenience and packaged foods drives the market.

This report includes the market size, in terms of value ($million). Additionally, the food packaging market is segmented on the basis of region into North America, Europe, Asia-Pacific, and Rest of the World (ROW). It provides both, qualitative and quantitative analyses of the food packaging materials market, competitor analysis, and preferred development strategies of key players.

Food Packaging Market Size, 2012 � 2019 ($Million)

e - Estimated; p - Projected

Source: MarketsandMarkets Analysis

The market for food packaging market is projected to reach a value of $305,955.1 million by 2019, with the preference for specialty packaged products rising with the escalating economic growth in emerging markets. In 2014, the Asia-Pacific region is expected to be the fastest growing market for food packaging market.

The leading companies of the market are using new product launches, acquisition, joint ventures, and expansion as growth and development strategies. This report provides analyses of the prominent players and the strategies used by them to maintain their market position. Key players such as Amcor Ltd. (Australia), Rock-Tenn Company (U.S.), Sealed Air Corp. (U.S.), Nuconic Packaging LLC (U.S.), Tetra Pak International S.A. (Switzerland), and Crown Holdings, Inc. (U.S.) have been profiled in the report.

Frequently Asked Questions (FAQ): What are the factors Influencing the growth of fresh food packaging market? The Innovative packaging solutions, such as modified atmosphere packaging, plastic films, and reclosing packs, are used to preserve the aroma, juiciness, physical freshness, and appearance of food items are driving the market. Which is the most used fresh food packaging material and why? The major market share is captured by polyethylene, followed by polypropylene. This is because polyethylene offers innovative product solutions that have broad applicability, such as in the packaging of various fruits, vegetables, meat, and seafood. Which packaging type is having the largest share and why? Converted roll stock is most widely used packaging type. The roll materials vary in size and weight as per the product requirement. Converted roll stock is the most common pack type used in fresh food packaging. It provides a faster packaging process as more packages are produced per minute using roll stock on a form-fill-seal machine compared to other packaging methods. How is the fresh food packaging material market aligned? The fresh food packaging material market is highly fragmented with the presence of numerous large, medium, and small players. Who are the major manufacturers? Major manufactures include, Amcor PLC (Australia), International Paper Company (US), WestRock Company (US), Sealed Air Corporation (US), and Smurfit Kappa (Ireland). Which application is driving the fresh food packaging market? The packaging of meat products is driving the fresh food packaging market. The aim of any packaging system for fresh muscle foods is to prevent or delay undesirable changes in appearance, flavor, odor, and texture. Consumers� rejection of the product is possible if the mentioned quality is not met. What is the biggest Restrain for fresh food packaging market? Stringent government rules and regulations regarding the raw material used for packaging

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