The global fresh food packaging market is witnessing significant growth in the recent years. Fresh food products like fruits, vegetables, meat, seafood etc. require specialized packaging solutions to protect them from damage and extend their shelf life during transportation and storage. Various materials like plastic, paper, glass, metal etc. are used for fresh food packaging depending on the type of product and desired properties. Pouches, bags, trays, wraps, boxes, etc. are some common packaging formats. With rising health consciousness and demand for fresh and ready-to-eat food items, the need for innovative and sustainable fresh food packaging is on the rise. Growing food retail and e-commerce sectors are also augmenting the market growth globally. However, factors like stringent regulations over use of plastic packaging and high recycling costs pose certain challenges.
Market Dynamics:
The global fresh food packaging market growth is driven by growing demand for fresh and convenient food products among consumers. Rapid urbanization and changing lifestyles have increased the consumption of packaged fresh foods significantly. Increasing purchasing power and willingness to pay more for packaged fresh foods also support the market growth. Moreover, advanced packaging materials and technologies that help improve product quality and extend shelf-life act as major opportunities. However, stringent government regulations regarding use of plastics in food packaging and issues with collection & recycling of used packages hamper the market growth. Also, fluctuating prices of raw materials increase the manufacturing costs.
Key Features of the Study:
- This report provides in-depth analysis of the global fresh food packaging market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global fresh food packaging market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Crown Holdings Inc., Sealed Air Corporation, Tetra Pak International, Amcor Ltd., Rexam PLC, Sonoco Products Company, Graphic Packaging International LLC, International Paper Company, Ball Corporation, Reynolds Group Holdings Ltd., WestRock Company, Smurfit Kappa, Coveris, DuPont, DS Smith PLC, Mondi PLC, Silgan Holdings Inc., Schur Flexibles, Anchor Packaging Inc., and Printpack Inc.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global fresh food packaging market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global fresh food packaging market.
Detailed Segmentation-
- By Material Type Insights (Revenue, USD Bn, 2019 - 2031)
- Plastic
- Paper & Paperboard
- Glass
- Metal
- Others
- By Packaging Type Insights (Revenue, USD Bn, 2019 - 2031)
- Flexible Packaging
- Rigid Packaging
- Semi-Rigid Packaging
- Others
- By Application Insights (Revenue, USD Bn, 2019 - 2031)
- Eggs, Meat and Seafood
- Fruits and Vegetables
- Dairy Products
- By Regional Insights (Revenue, USD Bn, 2019 - 2031)
- North America
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Crown Holdings Inc.
- Sealed Air Corporation
- Tetra Pak International
- Amcor Ltd.
- Rexam PLC
- Sonoco Products Company
- Graphic Packaging International LLC
- International Paper Company
- Ball Corporation
- Reynolds Group Holdings Ltd.
- WestRock Company
- Smurfit Kappa
- Coveris
- DuPont
- DS Smith PLC
- Mondi PLC
- Silgan Holdings Inc.
- Schur Flexibles
- Anchor Packaging Inc.
- Printpack Inc.
