Posted by Global Frozen Food Packaging Market Overview 2023-2028
IMARC Group, a leading market research company, has recently releases report titled “Frozen Food Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global frozen food packaging industry growth, share, size, trends, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The global frozen food packaging market size reached US$ 44.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 60.0 Billion by 2028, exhibiting a growth rate (CAGR) of 4.9% during 2023-2028.
Frozen food packaging encompasses the methods and materials employed to enclose and safeguard frozen food items, facilitating their storage, distribution, and retail. Typically crafted from resilient materials capable of withstanding frigid temperatures, this packaging serves the crucial function of providing thermal insulation to preserve low temperatures and thwart thawing. Furthermore, it acts as a shield against moisture, air, and light, all of which can undermine the quality of frozen edibles. Thanks to its effective sealing mechanisms, it keeps external contaminants at bay while upholding the product’s integrity. Notably, the global demand for frozen food packaging is on the rise due to its advantages in enabling portion control, convenient storage, and reduced food wastage.
Global Frozen Food Packaging Market Trends and Drivers:
The increasing dependence on online grocery shopping is a major driver behind the demand for packaging that can endure the challenges of transportation and uphold product quality. Furthermore, the growing working population, fast-paced lifestyles, and heightened consumption of processed foods are fueling the need for packaging materials. Concurrently, ongoing advancements in packaging technology are having a positive impact on the market. In addition, the emergence of innovative packaging options, such as vacuum packaging, modified atmosphere packaging (MAP), and intelligent packaging solutions, is extending the shelf life of frozen foods, reducing food waste, and enhancing user convenience. These solutions also offer essential information like expiration dates and product freshness through QR codes and sensors. Beyond this, there is a growing awareness among the public about the advantages of flexible packaging, which is strengthening market growth. Flexible packaging offers versatility, cost-effectiveness, and reduced material waste compared to traditional rigid packaging. This trend aligns with sustainability goals, aiming to reduce packaging waste and optimize resources. Furthermore, the enforcement of strict food safety regulations is encouraging manufacturers to adopt packaging solutions that meet the highest hygiene and contamination prevention standards. Additionally, various countries’ regulatory bodies are promoting eco-friendly packaging practices through incentives and regulations, further propelling the adoption of environmentally responsible packaging materials.
Global Frozen Food Packaging Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are: Amcor plc, Berry Global Inc., Cascades Inc., Crown Holdings Inc., Huhtamäki Oyj, ProAmpac, Sabert Corporation, Smurfit Kappa Group plc, Sonoco Products Company, WestRock Company etc.
The report segmented the market on the basis of region, type, product and material.
Breakup by Type:
- Boxes
- Bags
- Cups and Tubs
- Trays
- Wraps
- Pouches
- Others
Breakup by Product:
- Ready Meals
- Meat and Poultry
- Sea Food
- Potatoes
- Vegetables and Fruits
- Soups
Breakup by Material:
- Plastics
- Paper and Paperboards
- Metals
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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