Global Ambient Food Packaging Market 2018-2022
About Ambient Food Packaging
Ambient food packaging refers to the packaging of food products into different kinds of packets, by pasteurizing and sterilizing to increase its shelf life.
Technavio’s analysts forecast the global ambient food packaging market to grow at a CAGR of 3.94% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global ambient food packaging market for 2018-2022. This market research report offers a comprehensive analysis of the market segmentation by application (meat, poultry, and seafood, pasta and noodle, sauces, dressings, and condiments, fruit and vegetables, and other food).
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Ambient Food Packaging Market 2018-2022
Technavio recognizes the following companies as the key players in the global ambient food packaging market: Amcor, Bemis Company, Mondi, RPC Group, and SIG.
Commenting on the report, an analyst from Technavio’s team said: “Ambient packaging made from plastic need to be properly processed to reduce the chances of food contamination. Plastic is also non-biodegradable and is harmful to health and environment. To address the growing environment and health concerns, ambient packaging companies are adopting ecofriendly packaging solutions such as metal cans. This will be a key trend that is expected to drive the growth of the ambient packaging market during the forecast period.”
According to the report, one of the major drivers for this market is the demand for long shelf life of packaged food. Bullwhip effect on multilayered supply chain structure can lead to perishable food products reaching the shelf close to expiry. To reduce the losses due to product expiry, end-user industries are adopting ambient food packaging solutions to increase the shelf life of the food products.
Further, the report states that one of the major factors hindering the growth of this market is the high processing requirement in ambient food packaging. Foods intended for ambient packaging are required to undergo extensive preservation processes such as pasteurization and sterilization to make them resistant to spoilage and contamination. These processing operations increase the packaging and overall food production cost, which in turn hampers the growth of the ambient packaging market.