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Subject: SVY

Freedonia Group: Innovations Transforming Classic Food & Beverage Packaging


CLEVELAND, July 13, 2019 /PRNewswire/ -- The US market for converted flexible food and beverage packaging is forecast to exceed $16 billion in 2023, according to a new Freedonia Group analysis. Of that, 47% of demand will be pouches. Within the pouch segment, stand-up pouches will continue to gain market share in light of ongoing innovations, including resealable convenience features and an overall lighter weight.

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Packaging has been transitioning from rigid to flexible in food applications due to factors such as cost- and source-reduction, improvements in barrier qualities, and an improved environmental profile, particularly as they shift from multi-layer to monolayer versions. This shift is even happening in applications like ketchup, barbecue sauce, and other condiments where rigid plastic formats that imitate the look of classic glass have succeeded.

A new spin on a modern classic

A notable example is Glenroy's inverted squeeze standup pouch with a flip-top cap at its base, which debuted in 2018 after four years of development. The flexible format ? which can be rolled like a tube of toothpaste ? enhances ease-of-dispensing and helps prevent food waste.

Glass has historically reigned in condiments, but the heavy weight of glass bottles lends to higher packaging and delivery costs, which trickle down to consumers. Additionally, although glass is traditionally a frequently recycled packaging material, many recycling programs are beginning to refuse glass, which hurts glass' environmental profile.

In more recent years, inverted rigid plastic condiment bottles have become the standard, while glass is used more selectively to reflect a more upscale product image.

Now flexible packaging is stepping in. Generally cheaper to manufacture and transport ? since it can be shipped in rolls and filled by the food and beverage firms that buy it. Therefore, while the package may not be eligible for most curb-side recycling programs, its lighter weight allows it to boast a cleaner environmental profile.

The rise of food and beverage e-commerce purchasing has led to greater interest in light weight packaging that won't break in transit, further boosting interest in pouch packaging.

Machinery requirements may be a turn-off

However, most stand-up pouches require food and beverage customers to purchase additional accessories, if not all new equipment to fill the pouches. Therefore, firms interested in improving package-filling efficiencies may look elsewhere. For example, Semco claims that its Sempack conical-shaped flexible pouch can be filled using equipment that companies already have for conventional bottle filling, without additional investment in costly new production machinery.

Want to learn more?

Additional analysis of opportunities and trends for pouches and other flexible packaging in the food industry can be found in Freedonia's Converted Flexible Packaging in the US, Pouches in the US, and Food & Beverage Packaging Innovations in the US. Coverage of this and other areas in packaging can be found on the Freedonia Group Packaging Portal.

About The Freedonia Group ? The Freedonia Group, a division of MarketResearch.com, is a leading international industrial research company publishing more than 100 studies annually. Since 1985 we have provided research to customers ranging in size from global conglomerates to one-person consulting firms. More than 90% of the industrial companies in the Fortune 500 use Freedonia Group research to help with their strategic planning. Each study includes product and market analyses and forecasts, in-depth discussions of important industry trends, and market share information. Studies can be purchased at www.freedoniagroup.com and are also available on www.marketresearch.com and www.profound.com.

Press Contact:
Corinne Gangloff
+1 440.684.9600
cgangloff@freedoniagroup.com

SOURCE The Freedonia Group



News published on 13 july 2019 at 11:55 and distributed by: