Consumers are always on the move nowadays, picking up snacks at a kiosk or in the store and then consuming them in smaller portions on various occasions. The occurrence of flexible packaging materials and further developments in packaging technology are projected to be key trends leveraged by vendors in the global on-the-go packaging market in the near future. Meeting the consumer’s requirement for convenience, sustainability and safety are likely to play a vital role in strategies adopted by the vendor in this market.This growth is primarily driven by Growing Demand for Convenient Packaging and Increasing Demand for Packaged Food and Beverages.
Globally, a noticeable market trend is evident Growing Demand for Premium Packaging. Major Vendors, such as Berry Plastics (United States), Bemis (United States), Coveris (United States), Amcor (Australia), Oracle Packaging (United States), Tetra Pak (Switzerland), Bericap Holding GmBH (Germany), Sealed Air Corporation (United States), Graham Packaging Company (United States) and ELLER foodPackaging GmbH (Germany) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
The U.S. Food and Drug Administration (FDA) regulates the packaging and labeling of food. The intent of these regulations is to enhance the safety of food distributed throughout the United States and keep consumers informed about the food they're consuming. The FDA classifies any packaging that comes into direct contact with food as a "food contact substance." It is the responsibility of The Office of Food Additive Safety and The Center for Food Safety and Applied Nutrition (CFSAN) to ensure the safety of these food contact substances. This means packaging materials like plastics, coatings, papers, food colorants, and adhesives must be regulated and deemed safe for use.
- Growing Demand for Convenient Packaging
- Increasing Demand for Packaged Food and Beverages
- Growing Demand for Premium Packaging
- High Risk Associated With Contamination of Packaged Foods
- Increasing Price of Raw Materials
Rising Use of Pouch Packaging
Cost Intensive Business
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