Frozen Food Packaging Market Will Reach US Dollor 50 Bn Globally, in 2027

(Market Prediction via Comtex)

The global Frozen Food Packaging Market is estimated to grow at a healthy CAGR of over 5.1% during the forecast period 2020 to 2027 and reach a valuation of over US$ 50 Bn. The market report provides an analysis of the global Frozen Food Packaging Market for the period 2016-2027, wherein 2020 to 2027 is the forecast period and 2019 is considered as the base year.

The wrapping of packaged food helps to sustain food since the time it is produced in the factory till it is consumed. The wrapping of frozen products helps retain initial colour, flavour and texture and typically their nutrients compared to products stored by other techniques. Typically containers, tubs, bottles, pouches, trays, cups, wrappers and sackcloth are used for frozen food packaging that contains fruit and vegetables, milk and meat, frozen sweets and ice creams.

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Drivers and Challenges of Market

The modern food distribution program is making a trend over the past food items that takes time for food cleaning and processing of food. The food producers are providing door delivery services with the goal of drawing more consumers. As consumers tend to buy food items from online outlets, demand continues to rise worldwide for the frozen food packages. Increased demand for frozen food has changed the packaging industry considerably. Increased demand for safe shipping of frozen food items has driven suppliers to select tamper-proof and temperature controlled packaging in the food industry. For packaging of frozen food items like ice cream, fruit, beef, and vegetables, producers tend to use plastic materials. During the forecast period, these trends would contribute significantly to the growth of the global frozen food packaging industry. Various grocery stores sell their services on online platforms due to increasing industrialization and urbanization. Busy lives have driven consumers via online platforms to order various food items. As the lifestyle is improving, consumers tend to order frozen meals rather than fresh food. The increased demand by consumers for frozen food items continues to raise competition in the food industry for the frozen food packages.

Regional Outlook

Demand for food products is expected to rise in the Asia-Pacific region as consumers increase and better goods are expected to be available on sale. Besides, urbanization and growing information on foodborne diseases, food waste and food spoilage also contribute to the market growth.

China held maximum share in the Asia Pacific region. In this region, large populations and urbanization have resulted in an increase in demand for frozen food products. Chinese customers are searching now for food items that are easy to use and of high quality. Thanks to their supply, the region has been constant in demand for frozen meat and other items regularly consumed in frozen food markets. Within this regional frozen food processing industry, Europe and North America have a large share. Frozen foods are commonly available in many grocery outlets including supermarkets and convenience stores. The developing retail industry, especially in many European and North American developed countries, is expected to fuel strong growth in demand for frozen food goods.

About The Market

The deep-frozen food can be preserved and used for a long time. Frozen foods can be shelved for long periods and processed with less time, compared to fresh foods. The packaging of frozen food retains the product’s nutritious value and extends its shelf life. In order to keep frozen food fresh and convenient, various packaging styles such as bottles, containers, packs and cups, trays, covers, packets and others are allowed.

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Key Players & Strategies

Innovative packaging solution for frozen food packets was developed by industry players. Portable packaging, resalable packaging, vacuum pouches, and fast opening are on the rise. In the frozen food package with longer shelf-life and less package waste, developments in packaging materials and associated technology will continue, generating potential opportunities for industry players in near future.

There are many key players on the frozen food packaging market. None of the major companies actually control the industry in terms of market share. The innovative and colorful packaging designs also increase their medium-sized presence on the industry by winning new contracts and entering new opportunities for smaller businesses.

Major players include in this report are Sealed Air, Sonoco Products Company, Cascades Inc., ProAmpac, Berry Global Inc., Amcor plc, Huhtamaki Oyj, and Others.

Apr 2019-The WestRock Company wins “Innovator Award” for the work it does to boost food service packaging recyclability.

Market Segmentation

Market By Food Type

  • Meat and Sea Food
  • Fruits and Vegetables
  • Baked Goods
  • Frozen Desserts and Ice Cream

Market By Packaging Type

  • Boxes
  • Wrappers
  • Bags
  • Tubs and Cups
  • Trays
  • Pouches
  • Other

Market By Geography

(Regional Output, Demand & Forecast by Countries)

  • North America (USA and Canada)
  • Europe (UK, Germany, France, Spain and Rest of Europe)
  • Asia Pacific (China, Japan, India, Australia, South Korea and Rest of Asia-Pacific)
  • Latin America (Mexico, Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, South Africa and Rest of MEA).

TABLE OF CONTENT

CHAPTER 1. INDUSTRY OVERVIEW

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS

CHAPTER 4. FROZEN FOOD PACKAGING MARKET BY FOOD TYPE

CHAPTER 5. FROZEN FOOD PACKAGING MARKET BY PACKAGING TYPE

CHAPTER 6. NORTH AMERICA FROZEN FOOD PACKAGING MARKET BY COUNTRY

CHAPTER 7. EUROPE FROZEN FOOD PACKAGING MARKET BY COUNTRY

CHAPTER 8. ASIA-PACIFIC FROZEN FOOD PACKAGING MARKET BY COUNTRY

CHAPTER 9. LATIN AMERICA FROZEN FOOD PACKAGING MARKET BY COUNTRY

CHAPTER 10. MIDDLE EAST & AFRICA FROZEN FOOD PACKAGING MARKET BY COUNTRY

CHAPTER 11. COMPANY PROFILE

CHAPTER 12. RESEARCH APPROACH

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