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Food Packaging Market Overview

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Food Packaging Market Overview

Food Packaging Market Overview 

Packaging is an important segment in the foodstuff industry because it serves multiple purposes such as organizations rather than only food handling, preservation, and safety but also branding and marketing. Packed has come to be an essential component of the food processing industry now. 

Food Packaging Market Overview 

The Food packaging equipment market is growing at a rapid pace within the country. As stated by ReportLinker, the Indian food and drink packaging market is anticipated to reach USD 122.78 billion by 2025, with a growth rate of 29.88percent per year over the next five years. 

The food packaging industry in India is majorly driven by various factors like rising demand for online and packed food, increasing consciousness regarding food safety, increase in the quality of living of middle-class men and women in the nation, etc.

Sorts of Metals Used in Food PackagingWe already know that compounds have been found in food packaging. Today we'll examine the different sorts of metals and alloys useful for packaging in the food market. Aluminum, steel, tin, etc. are some of the metals largely used in food packaging. 

Aluminum

Aluminum and its alloys contain elements like magnesium, iron, iron, copper, zinc, etc.. . are highly resistant to corrosion. This leaves them a preferred choice for food packaging.

Steel is one of the most commonly used packaging materials. Steel coated with tin called electrolytic tinplate is also used for packaging. 

Tin

Tin is usually made use of as a thin layer on steel and other metals in the packaging. It is applied via an electrolytic process. Standard metals react with food-inducing decomposition. The tin coating prevents the compounds from corrosion and chemical responses with the food solutions. 

Tinplate shortage for packaging & Tine-free Steel in India. The metallic packaging industry from India which can be worth 10,000 Crores is facing a shortage of tinplate and tin-free steel. The Government of India imposed a BIS standard over the import of tin plate and tin-free steel on 17th July 2020, also recently extended it before 17th July 2021. 

"At the wake of acute shortage of tinplate/ tin-free steel stuff which is essentially used to manufacture containers and cans to package processed food and fruits, the processed food packaging business is feeling a pinch," explained Metal Container Manufacturers and Food storage in Metal containers. Association of India in a press release. 

While a few exporters from foreign nations have employed for BIS registration, the approval process was stopped as a result of this Covid-19 second tide in the nation. This has led to a severe shortage of tin plates and tin-free steel, which are the much-needed materials for metal packaging. 

Alternatives into Metal Packaging. As the tin-plate shortage in the nation is impacting the food business, let's take a look at some of the best alternatives to metal food packaging material satisfying the properties of metal packaging. Besides alloy, different forms of materials such as plastic, glass, etc. are employed for packaging in the food industry. 

Paper Packing:

Paper is employed as a packaging material in the food market. It is easily offered, recyclable as well as economical. Paper packaging is the most viable business idea for medium and small-scale businesses as it takes less investment. It might be launched with a minimum investment of 2030 lakhs.

Plastic Packaging

Perhaps, plastic is the most commonly used packaging material from the food industry in addition to other industries such as pharma, chemical, FMCG, etc.. Vinyl is well known because of its flexibility, durability, and lightweight reduction. Today, the usage of recyclable plastic stuff is gaining traction with growing concerns on the environmental pollution due to plastic. The investment necessary for that plastic packing industry with minimal capacity ranges from 50-70 lakhs. 

Glass Packing 

Glass is another alternative to metals in food packaging. Unlike newspaper, glass is resistant to moisture and inert to chemical responses. It is chiefly used for foods with a longer shelf life. The investment required to start glass ranges from 510 crores. 

Considering the present metal deficit for the food packaging industry in the country and the dire situation of this food packaging industry due to lack of essential metals, it really is far more than a necessity to learn more about the accessible alternatives to metal food packaging material. It may be the best time for MSMEs in the country to come to the food packaging industry with an emphasis on choices for metal sustainable packaging. Yet, creating industry is easier said than done, because it involves many matters that require information from experts. 

If you're likely to enter into packaging and wish to learn just how exactly to start a food packaging business in India, then enroll with SolutionBuggy. We provide you access to reputable and verified pros who can help you in setting up the food packaging market. We help you right from researching the market, DPR, financing plant setup, and machines

setup to product creation, prices, sales, and marketing, etc.

Keywords: #Food packaging equipment, #Tinplate shortage for packaging, #Sustainable packaging, #Food storage in metal containers




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