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(MoneyNewsWire.Net, February 14, 2018 ) According to the report Frozen Food Packaging Market, published by Market Data Forecast, the Latin America market is projected to reach USD 6.86 million by 2021, at a CAGR of 4.23% from 2016 to 2021.
People are liking frozen food over fresh food since they can be stored for long time periods and also require lesser duration. The packaging for frozen food also raises the lifetime of the products and keeps the nutritional value of food items. Several types of packaging are accessible for various types of frozen food such as Plastic, Cardboard, Glass, Aluminium, Paper, Wood and others.
Get a comprehensive overview of the Latin America Frozen Food Packaging Market: https://www.marketdataforecast.com/market-reports/latin-america-frozen-food-packaging-market-4091/
Latin America Frozen Food Packaging Market: Drivers & Restraints
Frozen Food Packaging market in this region is driven by factors like rise in the diversification of frozen food, rising consumer demand for food which is high in quality, the novel innovations and packaging development of food items, growing demand for packaging for distinguishing the product from other ones, increasing purchasing power in emerging economies of the region, booming urbanization and the growing corporate sector among others. However, the market is constrained due to factors such as a segment of people which believes frozen food is unhealthy and less tasty, dearth of skilled professionals, less awareness, and high price of equipment for producing packaging products among others.
Get accurate market forecast and analysis on the Latin America Frozen Food Packaging. Request a sample to stay up-to-date on the main trends affecting this market: https://www.marketdataforecast.com/market-reports/latin-america-frozen-food-packaging-market-4091/request-sample
Latin America Frozen Food Packaging Market: Segmentation
By Material
• Introduction
• Plastic
• Aluminium
• Cardboard
• Glass
• Wood
• Paper
By Food
• Introduction
• Readymade meals
• Meat, Poultry and sea food
• Fruits and Vegetables
• Baked goods
• Wraps
• Tubs and Cups
• Pouches
By Type of Packaging product
• Introduction
• Bags
• Boxes
• Cans
• Cartons
• Trays
• Wraps
• Tubs and Cups
• Pouches
By Geography
• Latin America
o Brazil
o Argentina
o Mexico
o Rest of Latin America
From simple data collection through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at: https://www.marketdataforecast.com/market-reports/latin-america-frozen-food-packaging-market-4091/customize-report
Latin America Frozen Food Packaging Market: Overview
Factors like rising purchasing power of emerging economies in the region and novel innovations are affecting the growth of this market positively. However, other factors such as dearth of skilled professionals and less awareness among people are restraining the growth of this market. The market in the region can be geographically segmented into Brazil, Argentina, Chile, Peru and other parts of the region. Factors such as huge rise in spending of money for packaging section is expected to propel the market growth in the region.
Latin America Frozen Food Packaging Market: Key Players
Some of the major companies dominating Latin America Frozen Food Packaging Market are Amcor Ltd, Bemis Company, Inc., Crown Holdings, Inc., FLAIR flexible packaging corporation,Ball Corporation, Printpack, Inc., Pactiv LLC, Tetra Pak International, Sealed Air Corporation, Graphic Packaging International Inc., WestRock Company, Graham Packaging and Huhtamaki N.A among others.
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