Global Edible Oil Packaging Market to reach XXX billion by 2027.Global Edible Oil Packaging Market is valued approximately XXX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XXX over the forecast period 2021-2027. With the expansion of food industry in all the sectors such as fruits and Vegetables, Poultry and Meat processing, Fisheries, Food retail, dairy industry, changing food habits, increasing demand for food with added preservative for longer shelf life are some factors driving the market. On the other hand, demand for ready-to-eat food has been increasing to cope with busy life schedule which is fueling edible oil packaging market. For instance, in 2019, Seara Alimentos launched Seara Rotisserie Fit, a low-calorie, low-sodium, preservative-free ready meals range made using fresh ingredients. The low-calorie range has six different flavor options, including one vegetarian. However, concerns regarding low tensile strength as compared to traditional plastic are projected to impede the growth of the market over the forecast period of 2021-2027. Also, government authorities for trade and commerce are favoring edible oil manufacturers, along with exporters by reducing the tariffs on export and import of oils, categorizing it under the essential consumable items which is likely to increase the market growth during the forecast period.
The regional analysis of global Edible Oil Packaging Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to the large production of edible oil within the region. Whereas, Europe is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2021-2027. Factors such as increasing demand for edible oil packaging would create lucrative growth prospects for the Edible Oil Packaging Market across Asia-Pacific region.
Major market player included in this report are:
Tetra Pak International S.A.
Berry Global Group Inc
Scholle IPN Corporation.
Glenroy, Inc.
Crown Holdings, Inc
Sealed Air Corporation
DS Smith Plc
Smurfit Kappa Group
Technocan S.A.
Amcor Plc
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Packaging Type:
Bottles
Pouches
Jerry Cans
Cans
Drums
Bag in Box
Others (Liquid Carton, etc.)
By Material:
Plastic
Glass
Metal (Aluminum)
Paper
By Capacity:
50 to 500 ml
501 to 1000 ml
1001 to 5000 ml
Above 5000 ml
By Oil Type:
Soybean Oil
Coconut Oil
Olive Oil
Cottonseed Oil
Sunflower seed Oil
Peanut Oil
Mustard oil
Others (Palm Oil, Corn Oil, Rice Bran Oil, etc.)
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Edible Oil Packaging Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors