© 2017 Global Market Insights, Inc. USA. All Rights Reserved Portion Packs Market Is Predicted To Witness A Massive Growth From 2017 To 2024 Portion Packs Market Portion Packs Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, Italy, France, Spain, Italy, Russia, Poland, China, India, Japan, Australia, Brazil, Mexico, Argentina, South Africa, Saudi Arabia, Qatar, Kuwait, UAE), Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2017 – 2024

Global Market Scenario of Portion Packs Market © 2017 Global Market Insights, Inc. USA. All Rights Reserved  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.  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.

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© 2017 Global Market Insights, Inc. USA. All Rights Reserved Product Analysis:- Increasing environmental concern regarding damage caused by the “make, use, dispose” of the packaging material will also influence product penetration. Companies are expected to invest in high-precision manufacturing technology complying with rigorous production standards to offer better performing and cost-effective solutions. Excessive cost of automation for smaller packs due to higher production speeds may hamper industry growth. Regional Trends:- 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. 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.

© 2017 Global Market Insights, Inc. USA. All Rights Reserved Competitive Trends: 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.

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