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According to Technavio’s market research analysis, the growing popularity of pouch packaging will be one of the major factors that will have a positive impact on the growth of the flexible packaging market for baby food during the forecast period. The rising popularity of pouch packaging as a suitable option for flexible packaging for baby food is mainly due to its convenience for busy parents. It offers the ease of carrying the food on the go and provides a clear surface where the manufacture information can be printed helping in brand promotion. Also, the innovations such as reusability and microwaveable pouches will drive the demand for pouch packaging that in turn will propel the growth of the flexible packaging market for baby food during the forecast period. Our market research analysts predict that in terms of units, this market will grow at a CAGR of close to 9% by 2021.
One of the key trends that will gain traction in the flexible packaging market for baby food is the shift to infant milk formula. The rise in demand for milk formula is mainly due to the increasing change in mothers moving from traditional breastfeeding to milk formula feeding. For instance, Bellamy, an organic baby food manufacturer has witnessed a major rise in sales in its Australia-made infant milk formula in 2016.
The flexible packaging market for baby food consists of several regional and international players. Most vendors in this market are increasingly concentrating on expanding their presence in developing countries such as India. Also, the key vendors are offering a wide range of features in their packaging techniques to attract baby food manufacturing brands.
The leading vendors in the market are –
The other prominent vendors in the market are Ampac Holding LLC, Berry Global, and DuPont.
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During 2016, the milk formula segment accounted for the major shares of the flexible packaging market for baby food. Factors such as the increasing focus of packaging manufacturers to develop their products, promotional, and manufacturing activities will contribute to the growth of this market segment in the coming years.
This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the flexible packaging market for baby food throughout the forecast period. The growth of e-commerce and increase in the number of working women in Asia will drive the market’s growth prospects in this region.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
PART 06: MARKET SIZING
PART 07: FIVE FORCES ANALYSIS
PART 08: MARKET SEGMENTATION BY APPLICATION
PART 09: REGIONAL LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
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