The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the Sanitary Food and Beverage Packaging Market. The report features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period 2021 to 2031.
The team of researchers at Future Business Insights are focussing on research and market study to produce different Sanitary Food and Beverage Packaging Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Sanitary Food and Beverage Packaging Market.
The report on the global Sanitary Food and Beverage Packaging market provides an up-to-date analysis of the existing scenario of the market along with the latest drivers and trends, and the overall environment of the said market. This report comes with an objective as well as an in-depth study of the existing state aimed at the growth of the key players, strategies of the market, and prominent drivers of the market.
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The report also makes the involvement of the important achievements pertaining to the launch of new products, regional growth, research and development, product responses, and market achievements. In addition to that, the regional growth of the prominent market players has been included in the report so as to provide a 360 view of the said market.
Country-wise Analysis
What Opportunities Lie Ahead for the US Market?
Sanitary food & beverage packaging is expected to garner immense revenue generation opportunities across the US market throughout North America. Stringent packaging regulations imposed by key regulatory authorities such as the Food & Drug Administration (FDA) is likely to be the chief growth driver for the regional market. As per its guidelines, it is the responsibility of the Office of Food Additive Safety and The Center for Food Safety and Applied Nutrition (CFSAN) to ensure the safety of food contact substances.
This means packaging materials like plastics, coatings, papers, food colorants, and adhesives must be regulated and deemed safe for use. The Environmental Protection Agency (EPA) requires that antimicrobial technology be built into plastic and textiles used in food packaging to prevent the growth of bacteria, mold, mildew, fungi, discoloration and odor. Furthermore, allergen labelling is also an important part of packaging safety requirements, with The Food Allergen Labelling and Consumer Act being in prominence.
Competitive Landscape
As per FMI’s analysis, key sanitary food & beverage packaging market players are primarily emphasizing on incorporating advanced packaging technologies, including lightweight material, flexibility and sustainability narratives respectively. Additionally, focus is on capacity expansion by means of acquisitions, mergers and collaborations.
Chuo Kagaku Co. Ltd., for instance, majorly emphasizes on manufacturing packaging material from recycled virgin plastic. The company follows a three-tiered approach to ensure food safety and sanitation by observing government laws, voluntary industry standards and their own standards while producing food containers. Some of these provisions include the Food Sanitation Act Ministerial Notification No. 307 of the Ministry of Health, Labor and Welfare and the Japan Hygienic Olefin and Styrene Plastics Association Voluntary Standard.
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Key Segments Covered
Packaging Type :
- Paperboard
- Rigid Plastic
- Glass
- Flexible Plastic
- Metal
- Other Packaging Types
Product Type :
- Milk & Other Beverage Cartons
- Cups & Liquid Tight Containers
- Folding Food Containers
- Boards & Trays
- Other Product Types
Region :
- North America (US and Canada)
- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
- Europe (Germany, UK, France, Italy, Spain, Nordics and Rest of Europe)
- Japan
- APEJ (China, India, Malaysia, Thailand, Singapore, Australia and Rest of APEJ)
- Middle East & Africa (GCC, South Africa, Nigeria, Israel and Rest of MEA)
Enquiry before Buying
- Is the market research conducted by Future Market Insights?Yes, the report has been compiled by expert analysts of Future Market Insights, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.
- What research methodology is followed by Future Market Insights?FMI follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.
- Who are the respondents for primary research?FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, and industry experts. For a full list of primary respondents, please reach out to us.
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