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September 17, 2021, New York, USA - Dairy Packaging: Introduction
In 1884, glass bottles were introduced as the first dairy packaging material for retail. Prior to this, people used to use their own containers for getting milk and other items from the dairy farm.
The wax-coated paper container came into existence for retail during World War II. Later on, the plastic-coated paper was introduced. Nowadays, more than 75% of dairy packaging contains plastic.
Packaged food justifies the consumer's needs in the fast pace of life and changing food preferences. Not only dairy products' range has grown over time, but their shelf-life has also been increased. To preserve dairy products from internal and external, there has been a lot of development done in dairy packaging.
What Influences The Shelf-Life of Dairy Products?
Certain internal and external factors determine the shelf-life of dairy products. Those internal factors are nutrient content, pH, antimicrobial compound presence, and oxidation potential of the milk. The standard methods for making dairy products fit for packaging and storing are Pasteurization, Condensation, and Drying.
The external factors of dairy packaging are storage conditions and air content. Necessary isolation to the dairy products like milk, cheese, milk powder, butter, spread, ice cream, desserts, and yogurt is provided by plastic, metal, glass, and laminated paperboard.
Global Dairy Packaging Market Forecast:
The Global Dairy Packaging Market Size Was Worth USD 64.2 Billion in 2020 and Is Projected to Grow to USD 88.7 Billion by 2028, at a CAGR of 4.02% Over The Forecast Period 2021 to 2028.
The rising popularity of small multipacks and the increasing preference for yogurt, butter, ice cream, and other products are driving up packaging demand. Packaging is more popular among younger generations.
The demand for dairy packaging materials has increased due to rising health concerns resulting from malnutrition. The combination of rising awareness and preference for fresh products, as well as an increase in disposable income and urbanization, has resulted in increased demand for dairy packaging. Global Dairy Packaging Market Report provides an in-depth analysis of the market. This report provides a detailed analysis of the market's key segments, drivers, restraints, and competitive landscape.
Key Market Trends and Dynamics of Global Dairy Packaging Market:
The largest market share is held by milk.
The most widely consumed dairy product in the world is milk. It is difficult for vendors to store milk for longer periods of time due to its high moisture content and minerals. This is why milk powder and processed milk are traded.
The current technology in milk processing allows liquid milk to be stored at temperatures between 4-8 degrees Celsius for up to 10-21 days. The shelf life of packaged milk can be extended to one year by using UHT (Ultra-High Temperature) milk processing technology.
Over the last four years, there's been a tendency to encourage local production, particularly in the Asia Pacific region. Even though India accounts for nearly 16% of global milk production, there are significant differences in demand and supply.
Packaging solutions will see an increase in demand due to the global expansion of milk production. This will propel the market forward.
The Key Market Segmentation of the Global Dairy Packaging Market:
The global Dairy Packaging Market can be divided into Product Types, Packaging Types, Materials, and Geographical landscapes, etc.
Global Dairy Packaging Market Segmentation By Product Type:
Global Dairy Packaging Market Segmentation By Packaging Types:
Cartoons and Boxes
Bags and Wraps
Other Packaging Types
Global Dairy Packaging Market Segmentation By Materials:
Paper and Paper Board
Global Dairy Packaging Market Segmentation By Geographical Landscape:
The Middle East and Africa
Leading Key Players in the Global Dairy Packaging Market Are:
Bemis Company Inc.
Tetra Pak International S.A.
Berry Global Group, Inc.
Sealed Air Corporation
The Global Dairy Packaging Market Report Highlights:
Food consumption is changing due to a growing culture of healthy snacks, increased intake of ready-to-eat foods, and an increase in online and mobile shopping. Markets will be affected by this change, as well as the shift in consumer habits to healthier eating.
Due to increased sales and production of dairy products such as yogurt, milk, and cheese, the North American region holds the largest share of the global dairy packaging market. The consumption of cheese, mozzarella, provolone, and parmesan has increased in the United States over the last few years. This will likely boost the dairy packaging market.
The U.S. dairy packaging market is being affected by rapidly changing consumer preferences and economic conditions. The market will be driven further by a significant expansion of the dairy product portfolio, primarily in sports nutrition, and an increase in casual users.
Different developing countries like India and China are the largest milk consumers and producers in the Asia Pacific. The Asia Pacific will likely be a major player in the industry over the next few years due to its economic growth and large investments from key producers. This area is characterized by a large population and a high level of innovation. North America and Europe are other important markets for the product, after the Asia Pacific. Their contribution to milk production is lower than that of the Asia Pacific.
June 2018 - Huhtamaki Group purchased Ajanta Packaging India for USD 15.5 million in cash. Huhtamaki will consolidate its position in the pressure-sensitive label industry with this acquisition.
June 2019, Amcor announced that it had completed the acquisition of Bemis Company Inc. The combined company will operate under Amcor Plc (Amcor). Bemis' acquisition will add scale, capabilities, and footprint to Amcor's industry-leading value proposition, strengthening it and creating significant shareholder value.
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