Global Food Packaging Market size is anticipated to reach USD 411.3 billion by 2025. Food packaging is a method to protect food from contamination & damage enhance the shelf life of a food product. Packaging food is a combination of science, art and technology that is used in the transportation and selling of foods. The primary role of food packaging is to protect food from the external factors& damage and provide information regarding food ingredients and nutrition to the consumers. The food packaging market is expected to register a CAGR of 5.1% over the forecast period as the scope, product types, and its applications are increasing across the world.

The factors that play an important role in the growth of food packaging industry include increasing demand for processed food, increasing urbanization, rising disposable income, and stringent government rules & regulations regarding food safety. Moreover, improving shelf life of food products, changing lifestyle & eating habits, and crisp marketing by key manufactures are the factors which are expected to boost the growth of the market in the years to come. However, fluctuating prices of raw materials and side effects of packaging food on health are negatively affecting the growth of market. The food packaging industry is widely analyzed based on different regional factors such as gross domestic product (GDP), demographics, acceptance, inflation rate, and others. The market is categorized based on type, material, application and geography.

Request a Free Sample Copy of Food Packaging Market Report @ https://www.millioninsights.com/industry-reports/food-packaging-market/request-sample

Types that could be explored in food packaging market comprise rigid packaging, flexible packaging, semi-rigid packaging, and others. Flexible food packaging is expected to hold the largest market share in the forthcoming period due to its ability to form lighter, thinner, and compact packing. Also, shifting demand from rigid to flexible packing solution, technological innovations in product development, increasing trend of smaller packaging and cost-effective material are likely to boost the demand for flexible packaging during the projected period.

Applications such as dairy product, bakery & confectionary, meat & seafood, fruits & vegetables, sauces & dressing, and others may be explored in food packaging industry in the future period. Bakery & confectionery is expected to be the largest application due to growing demand for candies, cakes and frozen ready-to-eat bakery products. Food packaging may be explored by material such as plastics, cardboard, aluminum, metal, glass and others. Plastic packaging is expected to hold the highest market share during the forecast period due to its superior properties.

Asia Pacific is projected to be the highest market followed by North America and Europe. The increasing population in urban areas, rising per capita income, and growing demand for healthy food products in developing countries such as India & China are major factors driving the growth of the market in Asia Pacific region. The food packaging market in China is projected to grow at a significant CAGR owing to its large population and their rising purchasing power.

The key players operating in the food packaging industry are Amcor Ltd., Georgia Pacific Corporation, Bemis Company Inc., Ball Corporation, Crown Holdings Inc., International Paper Company, Sealed Air Corporation, WestRock Company, Berry Plastics, CM Packaging, Mondi Plc, RockTenn Company, Coveris Holdings S.A., D.S. Smith Plc., Tetra Park International, Owens Illinois and DS Smith PLC. Also, these players are concentrating on new joint ventures, collaborations, agreements, and strategies to improve their production facilities and gain a larger share in the market.

For further inquiries, about - Global Food Packaging Industry Analysis, Size, Growth, Trends and Forecast 2014 - 2025, click on this link – https://www.millioninsights.com/industry-reports/food-packaging-market

Market Segment:

Food Packaging Type Outlook (Volume, Kilotons; Revenue, USD Billion, 2014 - 2025)
• Rigid
• Semi-rigid
• Flexible

Food Packaging Material Outlook (Volume, Kilotons; Revenue, USD Billion, 2014 - 2025)
• Paper & Paperboard
• Plastics
• Metal
• Glass
• Others

Food Packaging Application Outlook (Volume, Kilotons; Revenue, USD Billion, 2014 - 2025)
• Bakery & Confectionary
• Dairy Product
• Fruits & Vegetables
• Meat & Seafood
• Sauces & Dressing
• Others

Food Packaging Regional Outlook (Volume, Kilotons; Revenue, USD Billion, 2014 - 2025)
• North America
• U.S.
• Europe
• Germany
• U.K.
• Asia Pacific
• China
• India
• Japan
• Central & South America
• Brazil
• Middle East & Africa

To read more reports of this category, Visit our blog: https://foodandbeveragesmarketresearchreports.blogspot.com 

Market Scenario

Allergen Free Food Products have moved from specialty item to mainstream in a very short span of time. Furthermore, increasing incidence of Celiac diseases (gluten-sensitive enteropathy) is driving the growth of gluten-free food products which in turn boosts the growth of allergen free food products market. Moreover, lactose intolerance is observed among every third individual, usually in the developed countries which is boosting the growth of lactose-free food products further.

Rising cases of allergies and sensitivity towards certain food ingredients is driving the growth of the Allergen Free Food Products Market at a global level. Many individuals are allergic to gluten, lactose or unable to consume high calorie products due to diabetes which has influenced the food manufacturers to produce allergen free food products. 

Segmentation

On the basis of type, allergen free food products is segmented into gluten-free, lactose-free, diabetes food, and others. Among all, lactose-free segment is dominating the market followed by gluten-free segment. However, increasing cases of diabetes among the population is driving the growth of diabetes food products market over the forecast period.

Based on distribution channel, allergen free food products market is segmented into store based and non-store-based distribution channel. Among them, store-based distribution channel is dominating the market. Availability of a wide range of products followed by convenience of finding all products under one roof is driving the growth of this segment.

Regional Analysis

The global allergen free food products market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). North America is dominating the market followed by Europe. Growing cases of diabetes and lactose intolerance among the U.S. population is majorly driving the growth of allergen free food products market in this region. In Europe, Germany, France and Belgium are the major contributors of allergen free food products market.

North America is dominating allergen free food products market and is expected to have a substantial growth over the forecast period 2017-2023. The U.S. is a major contributor to the growth of the allergen free food products market. According to the American Diabetes Association, 9.4% of the U.S. population are diabetic patient which is boosting the growth of allergen free food products market in this region. 

For More Information @ https://www.marketresearchfuture.com/reports/allergen-free-food-products-market-5382

Key Players

Some of the key players profiled in the global allergen free food products market are Abbott Laboratories (U.S.), Nestle (Switzerland), Danone SA (France), General Mills (U.S.), Kellogg Co. (U.S.), Kraft Heinz Company (U.S.), Mead Johnson Nutrition Company (U.S.), Boulder Brands, Inc. (U.S.)

About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.