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Home ➤ Consumer Goods ➤ Consumer Packaging ➤ Fresh Food Packaging Market
Fresh Food Packaging Market

Fresh Food Packaging Market

Published date: Oct 2021 • Formats:
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  • Home ➤ Consumer Goods ➤ Consumer Packaging ➤ Fresh Food Packaging Market

Global Fresh Food Packaging Market By Type (Fruits And Vegetables, Meat And Poultry, Seafood, Eggs, And Other), By Application (Supermarket, Hypermarket, Wet And Open Market, Mini Mart, And Other), By Region And Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends And Forecast 2019-2028

  • Published date: Oct 2021
  • Report ID: 13123
  • Number of Pages: 262
  • Format:
  • Overview
  • Table of Contents
  • Major Market Players
  • Request a Sample
  • Report Overview

    In 2021, the global fresh food packaging market stood at US$ 98,124 million. The market is estimated to grow at a CAGR of 5% between 2023-2032. The rising demand for fresh organic produce such as fruits and vegetables and dairy products is estimated to impact the market positively. These consumers are more health-conscious and dietary-conscious. Furthermore, an increasing number of retail chains and food service operators in North America and the European economy are estimated to shift from plastic packaging to a sustainable key to attract a region’s environmentally conscious consumer base. These factors will increase the request for environmentally friendly packaging for fresh foods.

    Global Fresh Food Packaging Market Scope:

    Packaging Type Analysis

    In 2021., the rigid fresh food packaging segment was the most critical type and generated 51.1% of the total revenue. Because of its wooden structure, goods packed in rigid packaging can be quickly shipped from one location to the next without causing damage to their contents. Firm bases and barrier walls provide more significant support for frozen solutions.

    Because of their greater stackability, these packs can be stored in warehouses and during transit. They can also be displayed on drops in retail shops. This can help protect food from external damage during transport and handling, which leads to increased demand from egg, fruit, and vegetable producers.

    Flexible fresh food packaging is estimated to grow at a rate of 4.8% during the forecast period. Flexible packaging, and stretch film, including pouches, shrink film, and pouches, offer greater convenience and ease of handling because they are light as well as portable. Bags and pouches are smaller and take up less space in retail stores and warehouses, which leads to a high growth rate for fresh food packaging.

    Fresh food packaging Market

    Application Analysis

    Fresh food packaging was dominated by the dairy products market, accounting for 38.3% of the total revenue in 2021. According to the OECDaEUR’FAO Agricultural Outlook 2023-2032 on Dairy and Dairy Products, fresh dairy products accounted for 49.1% of global milk production.

    Transporting fresh produce can be more expensive than storage because it requires safe handling to protect the product from external damage. Players are constantly developing new products to meet specific consumer needs. Amcor, for example, launched a 1-ltr container to store fresh milk in March 2021. It is made of transparent 20% Post-consumer recycled Polyethylene Terephthalate, which increases its sustainability.

    Vegetables and fruits are the main ingredients in a vegetarian diet. Over the forecast period, revenue from fruits and vegetables is estimated to grow at a rate of 4.6%. The market share of fruits and vegetables will increase as consumers prefer to eat vegan food and take in plant-based nutrients.

    In 2021, the Eggs, seafood, and meat segment was the second largest application segment for fresh food packaging. This is due to growing meat, eggs, and fish consumption in developed and developing economies. Market players create innovative solutions like oxygen barriers and bio-based raw materials for better marketing opportunities.

    Кеу Маrkеt Ѕеgmеntѕ

    By Packaging Type

    • Rigid
      • Clamshells
      • Trays & Boxes
      • Others
    • Flexible
      • Pouches & Bags
      • Wraps & Films.

    By Application

    • Eggs, Meat, and Seafood
    • Fruits and Vegetables
    • Dairy Products

    Market Dynamics:

    According to the Flexible Packaging Association, the U.S. is the world’s largest market for packaging products. It is the country’s largest producer and exporter of application products, including milk products, eggs, fruits, and veggies. This has led to a great demand for fresh food packaging products.

    Most plastic resins are used for packaging products, such as polypropylene, polyethylene, polyvinylchloride (PVC), and polystyrene. These plastics are made from crude oil. Materials like steel and aluminum are also energy-intensive. Continuous fluctuation in crude oil prices can lead to uncertainty about the availability of raw materials at lower or more economical prices, creating challenges for fresh food packaging.

    Many governments and regulatory bodies around the globe have placed restrictions on the production of primarily plastic waste to reduce the enormous amount of plastic waste generated each year. These regulatory bodies emphasize the circular economy, which would give greater importance to the reusability of packaging products and strengthening recycling activities. This is estimated to pose challenges to plastic materials and create opportunities for paper and bagasse, polylactic acid, and paper and paper board.

    Regional Analysis

    The Asia Pacific was the dominant market for fresh food packaging in 2021, accounting for 39.9% of the total revenue. Over the forecast period, the region will dominate the market. The region has many fast-growing economies, including India, South Korea, and Japan. The high demand for fresh foods products in India and China results from a large consumer base. This will increase the demand for fresh packaging in the future.

    The rising demand for biodegradable and recyclable packaging materials will drive demand due to stringent environmental regulations and the growing need for disposable solutions. Due to the existence of developed applications industries in Canada and the U.S., North America was the second-largest market for fresh food packaging in 2021. The region’s growing focus on sustainable solutions will increase their demand.

    The single-market policy of Europe that allows free trade within its region is estimated to increase trade activity, which will be one of the main factors driving the European market for fresh food packaging. The forecast shows that paper packaging products will be in high demand regarding food exports. For transporting various fruits, vegetables, eggs, and other items, folding boxes and cartons are used.

    Fresh food packaging Market regional value

    Key Regions and Countries covered іn thе rероrt:

    • North America
      • US
      • Canada
      • Mexico
    • Europe
      • Germany
      • UK
      • France
      • Italy
      • Russia
      • Spain
      • Rest of Europe
    • APAC
      • China
      • Japan
      • South Korea
      • India
      • Rest of Asia-Pacific
    • South America
      • Brazil
      • Argentina
      • Rest of South America
    • MEA
      • GCC
      • South Africa
      • Israel
      • Rest of MEA

    Market Share & Key Players Analysis:

    The market for fresh food packaging remains fiercely competitive, with a slew of local and international players. It’s a highly competitive market with a number of key players. New players are constantly developing innovative products and expanding their market penetration in order to compete with established players. To increase their market, share in fresh food packaging, major market players continue to acquire smaller market players. For example, Sealed Air announced in 2019 that it had purchased MGM’s flexible packaging company in order to expand its market presence and product range. The following are some of the most prominent players in fresh food packaging:

    Fresh food packaging Market Company Share

    Маrkеt Кеу Рlауеrѕ:

    • Amcor plc
    • DS Smith Plc
    • Mondi
    • Coveris
    • FLAIR Flexible Packaging Corporation
    • PPC Flexible Packaging LLC
    • Flex-Pack
    • Transcontinental Inc.
    • FFP Packaging Ltd.
    • Sealed Air
    • Other Key Players

    Frequently Asked Questions (FAQ)

    Q: What is the size of the Fresh food packaging market in 2021?

    The Fresh food packaging market size is estimated to be US$ 98,124 million in 2021.

    Q: What is the projected CAGR at which the Fresh food packaging market is estimated to grow at?

    The Fresh food packaging market is estimated to grow at a CAGR of 5% (2023-2032).

    Q: List the segments encompassed in this report on the Fresh food packaging market?

    Market.US has segmented the Fresh food packaging market by geographic (North America, Europe, APAC, South America, and Middle East and Africa). By Packaging Type, the market has been segmented into Rigid and Flexible. By Application, the market has been further divided into Eggs, Meat and Seafood, Fruits and Vegetables, and Dairy Products.

    Q: List the key industry players in the Fresh food packaging market?

    Amcor plc, DS Smith Plc, Mondi, Coveris, FLAIR Flexible Packaging Corporation, PPC Flexible Packaging LLC, Flex-Pack, Transcontinental Inc., and Other Key Players are the key vendors in the Fresh Food Packaging market

    Q: Which region is more appealing for vendors employed in the Fresh food packaging market?

    APAC is estimated to account for the highest revenue share of 39.9%. Therefore, the fresh food packaging market in APAC is estimated to garner significant business opportunities over the forecast period.

    Q: Name the key areas of business for Fresh food packaging?

    India, China, The US, Canada, the UK, Japan, Mexico, & Germany are key areas of operation for the Fresh food packaging market.

    Q: Which segment accounts for the greatest market share in the Fresh food packaging industry?

    With respect to the Fresh food packaging industry, vendors can expect to leverage greater prospective business opportunities through the rigid fresh food packaging segment, as this area of interest accounts for the largest market share.

    Fresh Food Packaging Market
    Fresh Food Packaging Market
    Published date: Oct 2021 • Formats:
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    • Amcor plc
    • DS Smith Plc
    • Mondi
    • Coveris
    • FLAIR Flexible Packaging Corporation
    • PPC Flexible Packaging LLC
    • Flex-Pack
    • Transcontinental Inc.
    • FFP Packaging Ltd.
    • Sealed Air
    • Other Key Players
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