“Packed Food Market” includes Market Size, Share, Trends, Growth, Demand, Supply, Application, production, capacity utilization, supply, Analysis and Forecast
Portland, OR -- (SBWIRE) -- 07/25/2017 -- Packaging of food products provide protection from external environment and maintain physical, chemical and biological structure of the food. The demand for packed food is high due to increase in food consumption from quick service restaurants. Changes in lifestyle, increase in disposable income is also driving packaged food market According to business standard, the size of packaged food market in India was estimated approximately to $10 billion in 2010, which is expected to reach $20 billion by 2014.
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Packaged food market is affected by counterfeiting activities of food material that causes harmful effects on consumers. Asia-Pacific region is mainly influenced by counterfeiting activities in food packaging as it carries approximately 35% total packaged food market. The packaged food market is a highly competitive market, which has opened doors for social media promotion. The industries have started launching social media initiatives to attract online consumers. The major limiting factor of this market is the concern in optimization of taste in the products, safety and regulations involved in using the products.
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Key Companies profiled in the report includes Campbell food service co.,Frito-lay co, Heinz foodservice, Cadbury Schweppes plc, Nestle SA, General mills inc., Lotte group, Asahi breweries ltd,, Conagra foods Inc., Baxter & sons ltd