Fresh Food Packaging Market Key Highlights:
- Market Size (2024): USD 93.99 Billion
- Projected Market Size (2034): USD 131.31 Billion
- CAGR (2024-2034): 3.4%
Pricing Analysis:
- Price Growth
- Regional Variations
Market Historic Sales
- Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
- Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
- Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
- Analysis of revenue contributions from different manufacturers in the market.
Fresh Food Packaging Market Definition
Fresh food packaging market is expanding due to increasing demand for prepared meals across fast casual restaurants and takeaways helping to busy lifestyle. As environmental and social responsibilities increase, recyclable fresh food packaging will gain traction. Shelf-life extension is one of the primary goals of packaging for fresh foods made up of dairy products as it involves long distance transportation and changing consumption pattern. Manufacturers are focusing on leveraging innovative and active solutions. Active packaging infused with antimicrobials and atmosphere control helps retain texture, flavor and nutrients for longer period. Moreover, intelligent indicators like time temperature immediately reveal if temperature exceeds beyond certain limit, further propelling the fresh food packaging market.
However, one of the key challenges witnessed by the global fresh food packaging market is constant fluctuations in prices of raw materials. Raw materials like plastic bags, trays, wraps are basic needs of the market. But volatility of global oil and petrochemical prices affect the prices and availability of the raw material, hindering the market's growth.
However, the global fresh food packaging is rapidly evolving in developing countries with increasing disposable income and growth in fresh food consumption creating lucrative opportunities for the market to further expand globally.
Fresh Food Packaging Market Segmentation:
By Technology
- Vacuum Skin Packaging (VSP)
- Modified Atmosphere Packaging (MAP)
- Aseptic Packaging
- Retort Processing
- Others (Shrink Packaging, etc.)
By Packaging Format
- Rigid Packaging
- Flexible Packaging
By End Use
- Food Producers & Processors
- Food Shipper
- Food Re-packers
- Retailers
Fresh Food Packaging Market Companies:
- Amcor plc
- DS Smith Plc
- Coveris
- WestRock Company
- Interntional Paper Company
- Smurfit Kappa
- Sealed Air Corporation
- Sonoco Products Co
- FLAIR Flexible Packaging Corporation
- PPC Flexible Packaging LLC
- Transcontinental Inc.
- FFP Packaging Ltd.
- Huhtamaki
- GRUPO LANTERO
- CLONDALKIN GROUP
- Clifton Packaging Group Limited
- ProAmpac
- Genpak, LLC
- Pro-Pac Packaging Limited
- WINPAK LTD
- Berry Global Group
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