Fresh Food Packaging Market
PUBLISHED: 2022 ID: SMRC21398
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Fresh Food Packaging Market

Fresh Food Packaging Market Forecasts to 2028 – Global Analysis By Material (Metal, Plastic, Polylactic Acid), Application (Seafood, Poultry and Meat, Baby Nutrition), and By Geography

4.6 (69 reviews)
4.6 (69 reviews)
Published: 2022 ID: SMRC21398

This report covers the impact of COVID-19 on this global market
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Years Covered

2020-2028

Estimated Year Value (2021)

US $82.67 BN

Projected Year Value (2028)

US $120.25 BN

CAGR (2021 - 2028)

5.5%

Regions Covered

North America, Europe, Asia Pacific, South America, and Middle East & Africa

Countries Covered

US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa

Largest Market

North America

Highest Growing Market

Asia Pacific


According to Stratistics MRC, the Global Fresh Food Packaging Market is accounted for $82.67 billion in 2021 and is expected to reach $120.25 billion by 2028 growing at a CAGR of 5.5% during the forecast period. Fresh food packaging involves in providing protection, safety and it also gives great resistance power to defend from pathogens, bacteria and microorganisms. It also provides information about the ingredients, its nutritional value, and instruction to maintain the quality and freshness of the food.



Market Dynamics:

Driver:

Increasing demand for convenience food items


Increasing preference for convenience food items is driving the market growth. The main reasons for this demand are the shift toward a healthy lifestyle and the high purchasing power of consumers. The key reason for the rise in demand for convenience food is the increasingly fast-paced lifestyle in emerging economies. The growing demand for convenience food items is also because of the tendency of consumers to buy off-the-shelf foods, especially in emerging markets

Restraint:

Stringent government rules and regulations


Food packaging regulatory systems include general safety needs that are intended to preserve the physical, chemical, and sanitary integrity of the contents of food packages. These requirements generally prohibit the transfer of substances from the packaging material to the food that may be harmful to human health or bring about an unacceptable change in the composition, taste, or odor of food.

Opportunity:

Innovations in eco-friendly packaging


Governments across the world are focusing on reducing environmental pollution and encouraging end-use sectors to opt for eco-friendly solutions. Packaging companies are focusing on eco-friendly solutions for environmental sustainability. Recycled packaging materials are used widely by producers to provide eco-friendly packaging materials, including corrugated cartons, glass, steel, and paperboard.

Threat:

Strict government regulations


Strict government regulations and rules on raw materials used for packaging materials may act as a threat to market growth. Changes in regulatory regimes and tax affairs of operations in various countries can adversely affect market players in expanding the global fresh food packaging business. It is anticipated these conditions will impede the growth of the fresh food packaging market.

The converted roll stock segment is expected to be the largest during the forecast period

The converted roll stock segment is estimated to have a lucrative growth as converted roll stock is made from raw materials to create new products. Converted roll stock is the most common pack type used in fresh food packaging and provides a faster packaging process as more packages are produced per minute using roll stock on a form-fill-seal machine.

The poultry and meat segment is expected to have the highest CAGR during the forecast period

The poultry and meat segment is anticipated to witness the fastest CAGR growth during the forecast period owing to the consumer preferences for tested and packaged meat items and awareness of the changing eating habits and nutritional value of meat.

Region with highest share:

North America is projected to hold the largest market share during the forecast period due to increasing environmental issues, rising awareness of global warming combined with the availability of solutions such as environmentally friendly packaging.

Region with highest CAGR:

Asia Pacific is projected to have the highest CAGR over the forecast period owing to increasing population, industrialization, and urbanization, a growing number of fast-service restaurant facilities, and the adoption of packaging for cooked food in the region.



Key players in the market

Some of the key players profiled in the Fresh Food Packaging Market include Smurfit Kappa, WestRock Company, Ultimate Packaging Limited, Temkin International Inc., Sonoco Products Co., Ampacet Corporation, Printpack Inc., Sealed Air Corporation, DS Smith PLC, Packaging Corporation of America, Mondi PLC, Interntional Paper Company, Graphic Packaging Holding Co., DuPont, Schur Flexibles, Coveris, Bomarko Inc., Anchor Packaging Inc., Silgan Holdings Inc., and Amcor PLC.  

Key Developments:

In June 2019, Amcor PLC acquired Bemis Company Inc. The acquisition of Bemis brought additional scale, capabilities, and footprint that will further strengthen Amcor’s market position.

In May 2019, Sealed Air Corporation signed an agreement to acquire Automated Packaging Systems Inc., APS provides full flexible packaging systems, including industry-leading equipment, sustainable materials, and technical services. Known for inventing Autobag® bagging machines and pre-opened bags on a roll, APS also offers three recycled film solutions under the EarthAware® brand.
 
Thickness Covered:
• Below 3.5 mil
• 3.6 – 5.5 mil
• 5.5 mil and Above
 
Technologies Covered:
• Water Soluble Packaging 
• Smart Packaging 
• Octabin 
• Modified Atmospheric Packaging 
• Self-Heating Packaging 
• Aseptic Packaging 
• Intelligent/Innovative Packaging 
• Self-Cooling 
• Active Packaging 
• Edible Packaging 
• Antimicrobial Packaging 
 
Packaging Types Covered:
• Gusseted Bags
• Corrugated Box
• Flexible Paper
• Rigid
• Converted Roll Stock
• Boxboard
• Cans
• Other Packaging Types
 
Materials Covered:
• Metal
• Plastic
• Paper and Paperboard
• Bagasse
• Polylactic Acid
• Other Materials
 
Sales Channels Covered:
• Retailers
• Wholesalers (In Bulk)
• Quick Service Restaurants
• Hotels, Restaurants and Food Chains
• Residential
 
Applications Covered:
• Vegetables and Fruits
• Seafood
• Bakery & Confectionery
• Ready Meals
• Poultry and Meat
• Fresh Cooked Food
• Diary & Ice Cream
• Crisp, Snacks & Nuts
• Bars, Biscuits & Cereals
• Baby Nutrition
• Sauces, Dressings and Condiments
• Cooking Aids & Spreads

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary           
             
2 Preface       
      
 2.1 Abstract           
 2.2 Stake Holders           
 2.3 Research Scope          
 2.4 Research Methodology         
  2.4.1 Data Mining         
  2.4.2 Data Analysis         
  2.4.3 Data Validation         
  2.4.4 Research Approach          
 2.5 Research Sources          
  2.5.1 Primary Research Sources        
  2.5.2 Secondary Research Sources        
  2.5.3 Assumptions         
             
3 Market Trend Analysis          
 3.1 Introduction          
 3.2 Drivers            
 3.3 Restraints          
 3.4 Opportunities          
 3.5 Threats           
 3.6 Technology Analysis         
 3.7 Application Analysis         
 3.8 Emerging Markets          
 3.9 Impact of Covid-19          
             
4 Porters Five Force Analysis          

 4.1 Bargaining power of suppliers         
 4.2 Bargaining power of buyers         
 4.3 Threat of substitutes         
 4.4 Threat of new entrants         
 4.5 Competitive rivalry          
             
5 Global Fresh Food Packaging Market, By Thickness        
 5.1 Introduction          
 5.2 Below 3.5 mil          
 5.3 3.6 – 5.5 mil          
 5.4 5.5 mil and Above          
             
6 Global Fresh Food Packaging Market, By Technology        
 6.1 Introduction          
 6.2 Water Soluble Packaging         
 6.3 Smart Packaging          
 6.4 Octabin           
 6.5 Modified Atmospheric Packaging        
 6.6 Self-Heating Packaging         
 6.7 Aseptic Packaging          
 6.8 Intelligent/Innovative Packaging        
 6.9 Self-Cooling          
 6.10 Active Packaging          
 6.11 Edible Packaging          
 6.12 Antimicrobial Packaging         
             
7 Global Fresh Food Packaging Market, By Packaging Type       
 7.1 Introduction           
 7.2 Gusseted Bags          
 7.3 Corrugated Box          
 7.4 Flexible Paper          
 7.5 Rigid           
  7.5.1 Clamshells         
  7.5.2 Trays & Boxes         
 7.6 Converted Roll Stock         
 7.7 Boxboard           
 7.8 Cans            
 7.9 Other Packaging Types          
  7.9.1 Standup Pouches         
  7.9.2 Wicketed Bags         
  7.9.3 Sacks          
  7.9.4 Wraps & Films         
             
8 Global Fresh Food Packaging Market, By Material        
 8.1 Introduction          
 8.2 Metal           
  8.2.1 Aluminum         
  8.2.2 Tin          
  8.2.3 Steel          
 8.3 Plastic           
  8.3.1 Polypropylene         
  8.3.2 Polyethylene         
  8.3.3 Poly Vinyl Chloride         
  8.3.4 Polystyrene         
  8.3.5 Biaxially-Oriented Polyethylene Terephthalate (BOPET)     
  8.3.6 Polyethylene Terephthalate        
 8.4 Paper and Paperboard         
 8.5 Bagasse           
 8.6 Polylactic Acid          
 8.7 Other Materials           
  8.7.1 Glass          
  8.7.2 Wood          
  8.7.3 Textiles          
             
9 Global Fresh Food Packaging Market, By Sales Channel       

 9.1 Introduction          
 9.2 Retailers           
 9.3 Wholesalers (In Bulk)         
 9.4 Quick Service Restaurants         
 9.5 Hotels, Restaurants and Food Chains        
 9.6 Residential          
             
10 Global Fresh Food Packaging Market, By Application        
 10.1 Introduction          
 10.2 Vegetables and Fruits         
 10.3 Seafood           
 10.4 Bakery & Confectionery         
 10.5 Ready Meals          
 10.6 Poultry and Meat           
 10.7 Fresh Cooked Food          
 10.8 Diary & Ice Cream          
 10.9 Crisp, Snacks & Nuts         
 10.10 Bars, Biscuits & Cereals         
 10.11 Baby Nutrition          
 10.12 Sauces, Dressings and Condiments        
 10.13 Cooking Aids & Spreads         
             
11 Global Fresh Food Packaging Market, By Geography       

 11.1 Introduction          
 11.2 North America          
  11.2.1 US          
  11.2.2 Canada          
  11.2.3 Mexico          
 11.3 Europe           
  11.3.1 Germany          
  11.3.2 UK          
  11.3.3 Italy          
  11.3.4 France          
  11.3.5 Spain          
  11.3.6 Rest of Europe         
 11.4 Asia Pacific          
  11.4.1 Japan          
  11.4.2 China          
  11.4.3 India          
  11.4.4 Australia          
  11.4.5 New Zealand         
  11.4.6 South Korea         
  11.4.7 Rest of Asia Pacific         
 11.5 South America          
  11.5.1 Argentina         
  11.5.2 Brazil          
  11.5.3 Chile          
  11.5.4 Rest of South America        
 11.6 Middle East & Africa         
  11.6.1 Saudi Arabia         
  11.6.2 UAE           
  11.6.3 Qatar          
  11.6.4 South Africa         
  11.6.5 Rest of Middle East & Africa        
             
12 Key Developments           
 12.1 Agreements, Partnerships, Collaborations and Joint Ventures      
 12.2 Acquisitions & Mergers         
 12.3 New Product Launch         
 12.4 Expansions          
 12.5 Other Key Strategies         
             
13 Company Profiling           
 13.1 Smurfit Kappa          
 13.2 WestRock Company          
 13.3 Ultimate Packaging Limited         
 13.4 Temkin International Inc.          
 13.5 Sonoco Products Co.          
 13.6 Ampacet Corporation          
 13.7 Printpack Inc.           
 13.8 Sealed Air Corporation         
 13.9 DS Smith PLC          
 13.10 Packaging Corporation of America        
 13.11 Mondi PLC          
 13.12 Interntional Paper Company         
 13.13 Graphic Packaging Holding Co.         
 13.14 DuPont            
 13.15 Schur Flexibles           
 13.16 Coveris            
 13.17 Bomarko Inc.            
 13.18 Anchor Packaging Inc.          
 13.19 Silgan Holdings Inc.          
 13.20 Amcor PLC          


List of Tables            
1 Global Fresh Food Packaging Market Outlook, By Region (2020-2028) ($MN)     
2 Global Fresh Food Packaging Market Outlook, By Thickness (2020-2028) ($MN)     
3 Global Fresh Food Packaging Market Outlook, By Below 3.5 mil (2020-2028) ($MN)     
4 Global Fresh Food Packaging Market Outlook, By 3.6 – 5.5 mil (2020-2028) ($MN)     
5 Global Fresh Food Packaging Market Outlook, By 5.5 mil and Above (2020-2028) ($MN)    
6 Global Fresh Food Packaging Market Outlook, By Technology (2020-2028) ($MN)     
7 Global Fresh Food Packaging Market Outlook, By Water Soluble Packaging (2020-2028) ($MN)    
8 Global Fresh Food Packaging Market Outlook, By Smart Packaging (2020-2028) ($MN)    
9 Global Fresh Food Packaging Market Outlook, By Octabin (2020-2028) ($MN)     
10 Global Fresh Food Packaging Market Outlook, By Modified Atmospheric Packaging (2020-2028) ($MN)   
11 Global Fresh Food Packaging Market Outlook, By Self-Heating Packaging (2020-2028) ($MN)    
12 Global Fresh Food Packaging Market Outlook, By Aseptic Packaging (2020-2028) ($MN)    
13 Global Fresh Food Packaging Market Outlook, By Intelligent/Innovative Packaging (2020-2028) ($MN)   
14 Global Fresh Food Packaging Market Outlook, By Self-Cooling (2020-2028) ($MN)     
15 Global Fresh Food Packaging Market Outlook, By Active Packaging (2020-2028) ($MN)    
16 Global Fresh Food Packaging Market Outlook, By Edible Packaging (2020-2028) ($MN)    
17 Global Fresh Food Packaging Market Outlook, By Antimicrobial Packaging (2020-2028) ($MN)    
18 Global Fresh Food Packaging Market Outlook, By Packaging Type (2020-2028) ($MN)    
19 Global Fresh Food Packaging Market Outlook, By Gusseted Bags (2020-2028) ($MN)     
20 Global Fresh Food Packaging Market Outlook, By Corrugated Box (2020-2028) ($MN)    
21 Global Fresh Food Packaging Market Outlook, By Flexible Paper (2020-2028) ($MN)     
22 Global Fresh Food Packaging Market Outlook, By Rigid (2020-2028) ($MN)     
23 Global Fresh Food Packaging Market Outlook, By Clamshells (2020-2028) ($MN)     
24 Global Fresh Food Packaging Market Outlook, By Trays & Boxes (2020-2028) ($MN)     
25 Global Fresh Food Packaging Market Outlook, By Converted Roll Stock (2020-2028) ($MN)    
26 Global Fresh Food Packaging Market Outlook, By Boxboard (2020-2028) ($MN)     
27 Global Fresh Food Packaging Market Outlook, By Cans (2020-2028) ($MN)     
28 Global Fresh Food Packaging Market Outlook, By Other Packaging Types (2020-2028) ($MN)    
29 Global Fresh Food Packaging Market Outlook, By Standup Pouches (2020-2028) ($MN)    
30 Global Fresh Food Packaging Market Outlook, By Wicketed Bags (2020-2028) ($MN)     
31 Global Fresh Food Packaging Market Outlook, By Sacks (2020-2028) ($MN)     
32 Global Fresh Food Packaging Market Outlook, By Wraps & Films (2020-2028) ($MN)     
33 Global Fresh Food Packaging Market Outlook, By Material (2020-2028) ($MN)     
34 Global Fresh Food Packaging Market Outlook, By Metal (2020-2028) ($MN)     
35 Global Fresh Food Packaging Market Outlook, By Aluminum (2020-2028) ($MN)     
36 Global Fresh Food Packaging Market Outlook, By Tin (2020-2028) ($MN)      
37 Global Fresh Food Packaging Market Outlook, By Steel (2020-2028) ($MN)     
38 Global Fresh Food Packaging Market Outlook, By Plastic (2020-2028) ($MN)     
39 Global Fresh Food Packaging Market Outlook, By Polypropylene (2020-2028) ($MN)     
40 Global Fresh Food Packaging Market Outlook, By Polyethylene (2020-2028) ($MN)     
41 Global Fresh Food Packaging Market Outlook, By Poly Vinyl Chloride (2020-2028) ($MN)    
42 Global Fresh Food Packaging Market Outlook, By Polystyrene (2020-2028) ($MN)     
43 Global Fresh Food Packaging Market Outlook, By Biaxially-Oriented Polyethylene Terephthalate (BOPET) (2020-2028) ($MN) 
44 Global Fresh Food Packaging Market Outlook, By Polyethylene Terephthalate (2020-2028) ($MN)   
45 Global Fresh Food Packaging Market Outlook, By Paper and Paperboard (2020-2028) ($MN)    
46 Global Fresh Food Packaging Market Outlook, By Bagasse (2020-2028) ($MN)     
47 Global Fresh Food Packaging Market Outlook, By Polylactic Acid (2020-2028) ($MN)     
48 Global Fresh Food Packaging Market Outlook, By Other Materials (2020-2028) ($MN)    
49 Global Fresh Food Packaging Market Outlook, By Glass (2020-2028) ($MN)     
50 Global Fresh Food Packaging Market Outlook, By Wood (2020-2028) ($MN)     
51 Global Fresh Food Packaging Market Outlook, By Textiles (2020-2028) ($MN)     
52 Global Fresh Food Packaging Market Outlook, By Sales Channel (2020-2028) ($MN)     
53 Global Fresh Food Packaging Market Outlook, By Retailers (2020-2028) ($MN)     
54 Global Fresh Food Packaging Market Outlook, By Wholesalers (In Bulk) (2020-2028) ($MN)    
55 Global Fresh Food Packaging Market Outlook, By Quick Service Restaurants (2020-2028) ($MN)   
56 Global Fresh Food Packaging Market Outlook, By Hotels, Restaurants and Food Chains (2020-2028) ($MN)  
57 Global Fresh Food Packaging Market Outlook, By Residential (2020-2028) ($MN)     
58 Global Fresh Food Packaging Market Outlook, By Application (2020-2028) ($MN)     
59 Global Fresh Food Packaging Market Outlook, By Vegetables and Fruits (2020-2028) ($MN)    
60 Global Fresh Food Packaging Market Outlook, By Seafood (2020-2028) ($MN)     
61 Global Fresh Food Packaging Market Outlook, By Bakery & Confectionery (2020-2028) ($MN)    
62 Global Fresh Food Packaging Market Outlook, By Ready Meals (2020-2028) ($MN)     
63 Global Fresh Food Packaging Market Outlook, By Poultry and Meat (2020-2028) ($MN)    
64 Global Fresh Food Packaging Market Outlook, By Fresh Cooked Food (2020-2028) ($MN)    
65 Global Fresh Food Packaging Market Outlook, By Diary & Ice Cream (2020-2028) ($MN)    
66 Global Fresh Food Packaging Market Outlook, By Crisp, Snacks & Nuts (2020-2028) ($MN)    
67 Global Fresh Food Packaging Market Outlook, By Bars, Biscuits & Cereals (2020-2028) ($MN)    
68 Global Fresh Food Packaging Market Outlook, By Baby Nutrition (2020-2028) ($MN)     
69 Global Fresh Food Packaging Market Outlook, By Sauces, Dressings and Condiments (2020-2028) ($MN)   
70 Global Fresh Food Packaging Market Outlook, By Cooking Aids & Spreads (2020-2028) ($MN)    
             
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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