Vacuum Packaging for Food Market| COVID-19 Impact, Growth Rate, Future Scope, Analysis, Business Development And CAGR To 2025
Vacuum Packaging for Food Market| COVID-19 Impact, Growth Rate, Future Scope, Analysis, Business Development And CAGR To 2025
(firmenpresse) - Vacuum Packaging for Food Market – Overview
Food & beverage industry has adopted Vacuum Packaging for Food extensively across the world due to the some additional functionalities such as retention of integrity of a product and prevent food spoilage, along with increased shelf life.
Key Players
Bernis Company Inc.(U.S.)
Amcor Ltd. (Australia)
Berry Plastic Corp. (U.S.)
Linpack Packaging Ltd. (U.K.)
Sealed Air Corp. (U.S.)
Coveris Holdings (Luxembourg)
Winpak
Green Packaging Material (Jiangyin) Co., Ltd. (China) and others
Segmentation:
The global Vacuum Packaging for Food market is segmented by region as North America, Europe, Asia Pacific and Rest of the world. The Asia Pacific is referred as the largest & fastest growing market for the Vacuum Packaging for Food market. The market is later followed by the Europe & North America owing to increase consumption of processed and packaged food. Asia Pacific region is maintaining its dominance in the market due to rise in population, increasing packaged & expediency food demand, and healthcare expenditure. Furthermore, the rapid increase in the industrialization in China, India, and Japan is predicted to propel the country level market of Vacuum Packaging for Food. Whereas, Europe is stated as the subsequent largest market in terms of revenue after the Asia Pacific. The factor is influencing the emergence of the eco-friendly packaging technologies, which are cheaper and are manufactured from the recycled material.
Regional Analysis:
Whereas, Europe is referred as second largest market in terms of revenue. Factors such as emergence of eco-friendly packaging technologies, which are inexpensive and manufactured from recycled material are driving the market in Europe.
Industry/ Innovation/ Related News:
In competitive landscape, the report studies the growth strategies adopted by the companies between 2015 and 2017. Key players adopted various strategies to retain and/or expand their market share. Key strategies followed by most companies within the global Vacuum Packaging for Food market were mergers & acquisitions.
The major players operating in this market, who have adopted these strategies are Amcor Ltd., Berry Global Inc., Coveris Holdings S.A., and others.
Access Full Report With Complete TOC (at) https://www.marketresearchfuture.com/reports/vacuum-packaging-market-2111
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Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: sagark18
Datum: 29.06.2020 - 13:10 Uhr
Sprache: Deutsch
News-ID 615521
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Date of sending: 29/6/2020
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