FRESH FOOD PACKAGING MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In March 2024, SEE (Society for Environmentally Efficient Packaging) announced the launch of its innovative paper-based food packaging solutions aimed at significantly reducing plastic usage in the food industry. This initiative reflects SEE's commitment to sustainability and environmental responsibility, addressing the pressing issue of plastic waste that poses a threat to ecosystems and human health.
• In 2023, iD Fresh Foods, a leading brand in the fresh food segment, unveiled an exciting new campaign highlighting its innovative packaging designed to streamline the process of making Vada, a popular Indian snack. This initiative aims to enhance the consumer experience by making it easier and more convenient for customers to prepare this beloved dish at home.
• In 2022, BASF, a global leader in chemical production and innovation, announced a strategic partnership with StePac, a pioneer in modified atmosphere packaging (MAP) solutions. This collaboration aims to develop sustainable packaging solutions designed to extend the shelf life of fresh produce, addressing the growing demand for effective and environmentally friendly food preservation methods.
• In 2020, Amcor PLC, a global leader in packaging solutions, announced a strategic partnership with Moda, a New Zealand-based company, to bring innovative packaging solutions to the North and Latin American regions. This collaboration aims to leverage the strengths and expertise of both companies to deliver cutting-edge packaging products that meet the evolving needs of the market.