Published on : Jul 18, 2018
Albany, New York, July 18, 2018: Globally, chilled food covers a wide range of products, such as ready meals, dairy products and desserts. Besides, an attractive shelf appeal is a most important factor for chilled food. The sale is promoted through packages displaying their contents in appetizing, multicolor illustrations, together with printed information about ingredients and use. Market Research Hub (MRH) has announced the addition of a new study titled “Global Chilled Food Packaging Market by Manufacturers, Regions, Type and Application, Forecast to 2023” to its wide database, which shares key information about the global chilled food packaging market including market size, market value in USD and market value share.
The business intelligence study offers holistic analysis and insights on the key factors driving the chilled food packaging market. In addition to the key drivers, the business intelligence study also offers holistic analysis on the restraints, opportunities, and trends prevailing in the market. According to the study highlights, the worldwide market for Chilled Food Packaging is expected to grow at an impressive CAGR over the next five years and will gain substantial revenue growth in million US$ by 2023.
At first, the report begins with a clear and succinct executive summary that captures the main aspects of the chilled food packaging market in a nutshell, along with important metrics pertaining to the market for chilled food packaging. As per the research findings, the rising demand from emerging economies, constant product innovation and attractive packaging are helping chilled food packaging industry attain a high growth rate. Chilled food packaging market increases the shelf life of the chilled food in the packaging material.
Moving further, the research has been segmented geographically into major regions including North America, Europe, Asia Pacific, South America, and the Middle East and Africa. The regional splits of the overall Chilled Food Packaging market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country. Besides, the research includes a broad analysis of the market by segmenting it on the basis of type and applications. By type, the study covers rigid packaging and flexible packaging. Application-wise segmentation includes fruits and vegetables, dairy foods, bakery & confectionery, ready to eat food, meat, seafood & poultry. For each segment, the research has presented current as well as future trends.
At last, the vendor landscape section is also provided which throws light on the chief players dominant in this market. They include Amcor Ltd., Bemis Company, Inc., Berry Global, Inc., Sealed Air Corporation, Linpac Packaging Ltd., Sonoco Products Company, International Paper and Ampac Holdings LLC.
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