Page 23 - Plastics News September 2021

FEATURE

Needless to mention a bout the variety cross $122 billion by 2025 from about versions that can be integrated into food
of confectionery and snacks. Growing at $26 billion in 2019 at a CAGR of nearly processing and packaging lines, such as
a CAGR of over 12 percent for almost a 30 percent. The packaged food industry form, fill, and seal lines.
decade, the Indian confectionery market would receive a further boost with food Uflex Ltd, flexible packaging company
is estimated at $1.5 billion. Another regulatory authorities increasingly raising launched liquid filling machine Asepto
research estimates that confectionery the bar for quality and hygiene for sweet Flexpress 10000 and packaging solution
and snack market will grow by over 10 products and snacks category. Asepto Eye based on the concave lens
percent between 2020 and 2025; this Also according to the Packaging Gateway and single-lens technology that gives
would give a massive stimulus to the (2019) report, the packaging sector in 3-D effects on the aseptic packs.Uflex is
packaged food and India’s packaging India is expected to develop at an annual promoting this one-of-a-kind machine
industry.
rate of 18%, with flexible packaging for use in the dairy, dairy products, juices,
The growth in packaging industry growing at a rate of 25% and rigid and alcohol industries.
With increasing investment in food packaging rising at 15%. Therefore, The government is also adopting policies
processing industries, the rapid expansion the increasing demand for packaged to promote recyclable technologies for
of organised retail, and rising exports and processed food drives the growth packaging, prompted by sustainable
market, the Indian packaging industry of the filling machines market. The environmental concerns. Therefore, as
has seen considerable gain. The need for increasing demand for packaged and COVID-19 has precipitated an all-out
improvement in shelf life, maintenance of processed food is expected to propel migration to packaged food away from
the pace of production while upholding the growth of the filling machines open, loose, and perceivably unhygienic
quality, necessarily requires higher, market in the coming years.The changing food and snack culture, packaged sweets
standardised, and quality packaging. consumer consumption trends in terms and confectionery category would impart
Also with the improvement in packaging of processed and packaged foods, as the strongest push to the packaged food
methods and technologies such as the well as a growing population and social, industry.
emergence of eco-friendly packagings political, and economic forces, are driving The sweets and Mithais would continue
like biodegradable, nanofabrication substantial change in the processed and to form an indispensable part of India’s
technologies, and the shift from rigid to packaged food business. food culture, which, in turn, would give
flexible packaging, the food packaging Filling machines, also known as dosing a sustained thrust to the packaged food
industry is undergoing considerable machines, are important components of industry. Given that small packs of Rs
upgradation and change. machinery in the food processing and 5/10 contribute to 70-80 percent of
It has been forecast that the Indian food packaging industries.Filling equipment the sales in the snacks category, this is
and beverage packaging market is set to is available in tabletop or floor standing encouraging.

23 PLASTICS NEWS SEPTEMBER 2021