Global Ambient Food Packaging Market Size, Share, Trends, Analysis, Future Scope by Packaging Type (Rigid Packaging and Flexible Packaging), By Material Type (Metal, Glass, and Plastic) and By Region - Global Forecast to 2023
Ambient Food Packaging Market Scenario
The global ambient food packaging market is anticipated to garner a CAGR of 6% during the forecast period (2017-2023). Ambient food packaging can be defined as the packaging of the food product in sterilized and pasteurized packs to improve the shelf life of a product. This type of packaging has become a trend in the food packaging industry and is preferred by customers across the globe.
The ambient food packaging manufacturers are continuously involved in new packaging processes that extend product shelf life and prevent contamination.
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- RPC Group (U.K)
- FFP Packaging Solutions Ltd. (U.K)
- SIG Combiblog Obeikan (Switzerland)
- Amcor Limited (Australia)
- Rexam (U.K)
- Tetra Pak (India)
- Mondi (South Africa)
- Bemis (U.S.)
- Dupont (U.S.)
- Ampac (U.S)
- KM Packaging (UK)
- Excelsior Technologies (India)
Market Potential and Pitfalls
The global ambient food packaging market has witnessed a tectonic surge over the past few years as it offers the products with a longer shelf life compared to the usual packaging method. This helps to store the products at room temperature. Ambient food packaging uses high barrier sheets, which ensures convenience to the consumers, safety of the food products stored inside, and attractive design. These supporting factors have triggered the demand from the ambient food packaging market among manufacturers worldwide. Manufacturers across the world determine the intrinsic and extrinsic attributes of the food products that affect the safety and quality.
The rising competition for chill cabinet space has led to an increased demand for food packaging. The use of sustainable packaging products is considered a trend in the ambient food packaging market, which augments the demand for sustainable packaging materials globally. Ambient food packaging materials are expected to be sustainable and environment-friendly. Vendors are highly investing in R&D to develop food packaging materials which can be recycled, can retain moisture, and are resistant to heat.
Global Ambient Food Packaging Market: Segmental Analysis
The ambient food packaging market is segmented on the basis of material type and packaging type.
By material type, the ambient food packaging market is segmented into glass, metal, and plastic. Plastic, being an integral material in the packaged food supply chain, finds huge demand. Plastic ambient food packaging is an effective method for packing perishable food and bulky products as it provides enhanced food safety.
Based on packaging type, the market is segmented into flexible packaging and rigid packaging. Among these, the flexible packaging holds the largest share as it is easy to handle and offers improved safety during product transportation.
Geographically, the ambient food packaging market spans across Europe, North America, Asia Pacific, and the Rest of the World (RoW).
The Asia Pacific is expanding at the fastest rate due to the mounting demand for meat, packaging of vegetables and fruits, dairy products, and others in emerging countries like China and India. The surging demand for packaged food items is driving the growth of the regional market. Moreover, the increasing population and rising disposable income are promoting the growth of the market in the foreseeable future. Considering the global scenario, North America was the dominant regional market in 2016 with a share of 35%.
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TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.2 RESEARCH OBJECTIVE
2.3 RESEARCH PROCESS
2.3.1 PRIMARY RESEARCH
2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL
3 MARKET LANDSCAPE
3.1 PORTER’S FIVE FORCES ANALYSIS
3.1.1 THREAT OF NEW ENTRANTS
3.1.2 BARGAINING POWER OF BUYERS
3.1.3 THREAT OF SUBSTITUTES
3.1.4 SEGMENT RIVALRY
3.1.5 BARGAINING POWER OF BUYERS
3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS
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