The microwave packaging market is expected to witness stupendous growth fueled by consumer demand for foods offering ease of preparation and portability for on-the-go eating. Other important factors driving the microwave packaging market are improvements in packaging structure that allow food to be heated in the package itself and served instantly and innovations that overcome limitations of microwave ovens like browning and crisping.
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Freshly prepared food application segment is expected to witness the highest gains depending on its convenience and perception of higher quality compared to frozen and canned food. Frozen food will grow in demand driven by the growing interest of people in various ethnic cuisines and steam-cooked vegetables.
Market Segmentation
Segmentation Based on Product
Trays
Folding Cartons
Cups, Tubs, and Bowls
Bags and Pouches
Sleeves
Segmentation Based on Application
Fresh Prepared Foods
Frozen Foods
Shelf Stable Meals
Others
This research report on the microwave packaging industry analyzes different market segments and four major geographies, viz. – North America, Asia-Pacific, Europe, and the Rest of the World.
The report provides a complete analysis of the current market trends, industry growth drivers, restraints, and market projections for the coming years. It also includes an analysis of the recent technological developments, Porter’s five force analysis, and complete industry profiles of the top market players. It includes a review of the micro and macro factors significant for the existing market players and new entrants.
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The major players in this market are American Packaging Corporation, Rock-Tenn Company, Associated Packaging Technologies, Inc., Amcor Limited, Bemis Company, Inc.,...