+1-888-308-5802     
News Contact Us

Portion Packs Market: What Will Be The Future Growth Opportunities

Author : Rahul Varpe | Published Date : 2019-03-20 

Europe portion packs market is dominated by Germany owing to substantial investment in research and development of packaging material over the forecast period. Increasing demand for confectioneries and consumers request for convenience packs will propel industry size. Many manufacturers are expected to adjust their production lines according to changing consumer requirements.
 
Asia Pacific region is expected to be the fastest-growing market attributed to increasing food waste concern in the region. Rising awareness to reduce food losses and promote sustainable and responsible consumption will drive product demand. Government initiatives to advocate against the negative consequences of food losses and food waste will further support portion packs market size over the projected timeframe.

Request for an in-depth table of contents for this report @ www.gminsights.com/request-toc/upcoming/2246

North America is anticipated to offer various growth prospects for the portion packs market owing to strong domestic demand. Increasing food waste is a serious environmental and economic issue in the region. As per industry estimates, U.S. food waste accounted for 60 million metric tons with an estimated value of USD 162 billion. This will support product penetration over the projected timeframe. In addition, packaging companies are expected to invest in new product development suitable for many branded food, healthcare, personal care, and household products.

Global Portion Packs Market size is expected to witness considerable growth, owing to increasing demand for innovative plastic packaging solution in the consumer market. Increasing food management concern will drive product penetration. Factors such as portion control and food waste concerns are anticipated to propel portion packs market size over the forecast period.
 
As per FAO, approximately 1.3 billion tonnes of the food produced gets lost or wasted every year. Industrialized countries food losses and waste valued at USD 680 billion and USD 310 billion in developing countries. Thus, food companies along with packaging manufacturers and retailers are cooperating to decrease the volume of food sent to landfill. This will drive portion packs market growth in the projected timeframe.

Browse Complete Summary of this report @ www.gminsights.com/industry-analysis/portion-packs-market

Rising packaging demand in Asia Pacific region is expected to propel industry size. Increasing competition in the consumer segment will drive penetration of smaller portion packs. Manufacturers are anticipated to seek growth and boost sales by engaging more closely with consumers. Packaging is anticipated as a key tool to achieve growth and gain competitive advantage.

Based on the application, portion packs market is segmented food, beverage, personal care and life science, as well as for industrial, household and garden products. The industry is projected to witness new product development and better offering to customers which addresses convenience trends while tackling serving control and food waste.

Based on the application, portion packs market is segmented food, beverage, personal care and life science, as well as for industrial, household and garden products. The industry is projected to witness new product development and better offering to customers which addresses convenience trends while tackling serving control and food waste.
 
The key players in the portion packs market are HELLMA Austria, Elite Portion Pack, SAES, Single Source Limited and Van Oordt. Portion Pack Foods. Other prominent manufactures are Mondi Petals packaging MULTIVAC’s Thermo Pac and Turpack. The companies are expected to invest substantially in automation expertise and diversify their existing product line to gain a major industry share.
 
Make an inquiry for purchasing this report @ www.gminsights.com/inquiry-before-buying/2246

The industry will foresee agreement & collaborations between manufacturers to ensure their position and growth over the forecast period. For instance, MULTIVAC and the Australian Snapsil Corporation signed an agreement for the application of patented packaging concept Snapsil easy opening on MULTIVAC thermoforming packaging machines to gain access to innovative packaging expertise.


 

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

Related News

Air Humidifier Market 2019 – 2024 | Growth Trends and Future Prospects

Published Date: 2019-11-15         Author: Rahul Varpe

Air Humidifier Market study added by Global Market Insights presents a detailed analysis of the influential trends prevailing in this business sphere. This research report also offers definitive information concerning the commercialization of this vertical, market size, and revenue estimation of thi... Read More

Remodeling Market 2019 Analysis by Emerging Trends and Development Status to 2024

Published Date: 2019-11-15         Author: Rahul Varpe

Remodeling Market study added by Global Market Insights presents a detailed analysis of the influential trends prevailing in this business sphere. This research report also offers definitive information concerning the commercialization of this vertical, market size, and revenue estimation of this in... Read More

By 2024, Soundproof Curtains Market Expected to Generate a Huge Demand via Rising Noise Pollution

Published Date: 2019-11-15         Author: Rahul Varpe

Soundproof Curtains Market study added by Global Market Insights presents a detailed analysis of the influential trends prevailing in this business sphere. This research report also offers definitive information concerning the commercialization of this vertical, market size, and revenue estimation o... Read More

© 2019 Fractovia. All Rights Reserved