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Stand-Up Pouch Valves Market To Witness A Two-Fold Growth In The Revenue By 2024, Food And Beverages Sector To Drive The Application Landscape

Author : Rahul Varpe | Published Date : 2019-03-15 

With consumer product acceptance levels dependent prominently on innovative packaging, stand-up pouch valves market has been witnessing a commendable upsurge in recent years. It has been observed that major players in stand-up pouch valves industry are continuously developing ideal packaging solutions in order to consolidate their position in the business and challenge the core players of the packaging domain. 

The evolution of various new packaging technologies such as flexible packaging have been remarkably enhancing stand-up pouch valves market share, owing to the escalating product usage for beverage packaging. In addition, the rapidly growing food and beverage industry will also have a considerable impact on stand-up pouch valves market trends. Indeed, the surging expansion of the food and beverage sector has led to an increase in the requirement for innovative packaging solutions. Thus, the rising popularity of extensive packaging solutions have generated lucrative opportunities for biggies in stand-up pouch valves industry in terms of innovations and product design.

Most participants in stand-up pouch valves market are looking forward to investing in advanced and efficient machine solutions. In fact, several packaging producers have already installed machine-based packaging facilities in order to fulfill the growing product demand. For instance, the U.S. based Glenroy Inc., recently developed a new packaging solution for sauces, jams, and honey. 

To access a sample copy or view the Stand-Up Pouch Valves Market report in detail along with the table of contents, please click the link below: www.gminsights.com/request-sample/detail/2400

In another instance, the world’s largest retailer, Kroger has invested USD 19.2 million to renovate and expand its soup production plant at Kenosha. Through this plant, it would produce 50 million pounds of soup per annum. The escalating investments in the expansion of food production facilities across North America is thus slated to boost stand-up pouch valves market size over the years ahead. As per estimates, in 2016, the food & beverage sector covered 55% of stand-up pouch spouts industry share.

Most participants in stand-up pouch valves market are looking forward to investing in advanced and efficient machine solutions. In fact, several packaging producers have already installed machine-based packaging facilities in order to fulfill the growing product demand. For instance, the U.S. based Glenroy Inc., recently developed a new packaging solution for sauces, jams, and honey. 

In another instance, the world’s largest retailer, Kroger has invested USD 19.2 million to renovate and expand its soup production plant at Kenosha. Through this plant, it would produce 50 million pounds of soup per annum. The escalating investments in the expansion of food production facilities across North America is thus slated to boost stand-up pouch valves market size over the years ahead. As per estimates, in 2016, the food & beverage sector covered 55% of stand-up pouch spouts industry share.

Most participants in stand-up pouch valves market are looking forward to investing in advanced and efficient machine solutions. In fact, several packaging producers have already installed machine-based packaging facilities in order to fulfill the growing product demand. For instance, the U.S. based Glenroy Inc., recently developed a new packaging solution for sauces, jams, and honey. In another instance, the world’s largest retailer, Kroger has invested USD 19.2 million to renovate and expand its soup production plant at Kenosha. Through this plant, it would produce 50 million pounds of soup per annum. The escalating investments in the expansion of food production facilities across North America is thus slated to boost stand-up pouch valves market size over the years ahead. As per estimates, in 2016, the food & beverage sector covered 55% of stand-up pouch spouts industry share.

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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

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