Seattle, WA -- (SBWIRE) -- 10/25/2019 -- Chilled food segment is one of the largest segment in the food packaging industry. The food that is stored at below refrigeration temperature below 8 degree Celsius is known as chilled food. Chilled food packaging market has enhanced the technology in the developed nations in North America and Europe. Chilled food packaging market includes the packaging of fresh meat, fruits & vegetables, seafood & poultry, ready to eat food, baked items etc. Chilled food packaging is used so that food can be transported through long distance and it can be kept free from germs.

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Chilled Food Packaging Market: Growth Factors

The key factors that are driving the chilled food packaging market are the improvements that are made in the packaging and rise in the demand from the developing nations. The chilled food packaging increases the shelf life of the chilled food products thus increasing the demand for the chilled food packaging. The fundamental purpose of the chilled food packaging market is to preserve, protect, and promote the food product. The main items that use the chilled food packaging are bakery products, fresh meat, and chilled ready to eat foods as it remains fresh and healthy for a longer period.

Chilled Food Packaging Market: Segmentation

The global market for the chilled food packaging is fragmented into its application, packaging type, and on the type of the raw material. Based on the application, the global market is segregated into fruits and vegetables, bakery & confectionery, meat, seafood & poultry, dairy foods, ready to eat food, and others. Based on the type of packaging, the market is categorized into rigid packaging and flexible packaging. Based on the type of the raw material, the market is divided into plastic, metal, paper, and glass.

Chilled Food Packaging Market: Regional Analysis

The regions that are having the maximum share in the chilled food packaging market are North America and Europe. The fact that these regions have the highest consumption of the chilled food products drives the market for the chilled food packaging. Other factors that are driving the growth of the market in these regions are increasing disposable income of the people and the changing lifestyle of the people increases the consumption of the chilled food products. In Asia Pacific region, the market is growing significantly and will develop rapidly in the coming years.

Chilled Food Packaging Market: Competitive Players

Amcor Ltd., Berry Global, Inc., Sonoco Products Company, Ampac Holdings LLC., International Paper, Bemis Company, Inc., Sealed Air Corporation, Linpac Packaging Ltd., and others.

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