Scope of the Study
Food Packaging is co-ordinated system of preparing food for transport, distribution, storage, retailing, and end-use to satisfy the ultimate consumer with optimal cost. Food packaging is an essential part of modern society; commercially processed food could not be handled and distributed safely and efficiently without packaging. Some of the packaging products include boxes, cartons, cans, bottles, bags, wrappers, and containers. The current consumer demand for convenient and high-quality food products has increased the impact of food packaging.
The market study is being classified by Type (Ready Meals, Breakfast Cereals, Dairy Products, Bakery Products, Soup and Canned Food, Snacks and Other) and major geographies with country level break-up.
Nestlé (Switzerland), ITC (India), Unilever (United Kingdom), Cargill (United States), Ferrero Group (Italy), Kraft Food, Inc. (United States), Tyson Foods (United States), Kellogg’s (United States), Danone (France), PepsiCo Inc. (United States), JBS Food (United States), WH Group Limited (China), McCain Foods Ltd. (Canada) and NISSIN FOODS. (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Hormel Foods Corporation (United States) and Maple Leaf Foods, Inc. (Canada).
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Packaged Foods market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Packaged Foods market by Type, Application and Region.
On the basis of geography, the market of Packaged Foods has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rise in Number of Marketing Campaigns for Private Labels
- Increasing Number of Customer Walk-In to Supermarkets and Hypermarkets
- Innovation and Development in the Baking Industry
- Consumer Shifting Their Purchase towards Higher Quality Premium Products
- Consumers Preferring Branded
- Development of Retail Chains and the Burgeoning Cosmetics Sectors
- High Demand of Digital Platform and Increasing Online Presence of Large Retailers
- Added Preservatives and Additives
Market Leaders and their expansionary development strategies
On August 30, 2019 - Tyson Foods, Inc. has reached an agreement to invest in the foods division of Grupo Vibra (“Vibra Foods”), a Brazilian producer and exporter of poultry products. Once completed, the deal will give Tyson Foods more flexibility in serving customers in key global markets. and On July 19, 2019 - McCain invests in its first frozen french fry factory in Brazil. With this investment, McCain continues to strengthen its expansion strategy in the Brazilian market. After acquiring 49% of Forno de Minas, who specialize in bread snacks and appetizers, in 2018 and 70% of Sérya.
United States - FDA provides regulatory and scientific information about irradiated food and packaging. Irradiation may be used to increase shelf-life and reduce harmful bacteria in meat, poultry, vegetables and other foods. and Canada - The safety of all materials used for packaging foods is controlled under Division 23 of the Food and Drugs Act and Regulations, Section B.23.001 of which prohibits the sale of foods in packages that may impart any substance to the contents which may be harmful to the consumer of the food. While it is the responsibility of the food seller (manufacturer, distributor) to ensure the safety of packaging material and compliance with B.23.001, there is a requirement that specific information be provided to Health Canada on materials used to package infant formula (Division 25), foods for special dietary use (Division 24) and novel foods (Division 28) for which packaging is considered as part of the evaluation process.
Key Target AudienceManufacturers of Packaged Food, Suppliers of Packaged Food, Wholesalers, Distributors and Retailers of Packaged Food, Retail Sector, Regulatory Bodies and Governmental Bodies
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase