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The Development Of Food Packaging
May 09, 2018

MarketsandMarkets, a market research company, has released a report on the food packaging market, which predicts the global trends by material, type, and application from now to 2019. The report estimates that the global food packaging market will reach 305.9 billion U.S. dollars by 2019, while the Asia Pacific market is expected to have the highest growth rate during the forecast period.

The company pointed out that the Indian market is expected to be the second fastest growing region. The report emphasized that the driving factors in the food packaging market include consumers’ preference for special and processed foods, the evolution of food packaging materials, the company’s marketing strategy, the growth in demand for food packaging materials products, and the shift trend in consumer awareness in developing economies.


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