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Globalization of food trade
Globalization trends and evolution of international food markets have significantly contributed to the growth of the temperature controlled packaging solutions market. The international trade of perishable commodities has grown rapidly over the past few decades driven by consumer demand, trade agreements, and supply chain developments. Developing nations are increasingly trading fresh produce, meat and dairy products across borders. At the same time, the emergence of global food brands supplying commodities worldwide has created huge opportunities. However, long distance shipments over varied climate zones pose challenges to maintain optimal temperatures during transit.
Temperature controlled ocean and air transportation play a pivotal role in facilitating global food trade. Adoption of insulated containers, refrigerated cargo holds and dedicated transport facilities have allowed transportation of temperature sensitive items over thousands of miles. Materials such as EPS with excellent insulation allow packages to withstand temperature fluctuations for extended periods. Growing regulations regarding hygiene and food safety during international shipments have also motivated innovations. Digital innovations can relay crucial data throughout global shipments, helping receivers and certifying bodies ensure integrity. As the global food demand is anticipated to grow steadily especially from emerging markets, the worldwide distribution of perishables will drive the temperature controlled packaging solution market.
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