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Fresh Food Packaging Market Analysis

  • Report ID: GMI10289
  • Published Date: Jul 2024
  • Report Format: PDF

Fresh Food Packaging Market Analysis

 Based on material, the market is divided into Plastic, Polyethylene (PE), Polypropylene (PP), Polyethylene Terephthalate (PET), Others. The Plastic fresh food packaging segment is expected to register a CAGR of over 6.8% during the forecast period.
 

  • The plastic packaging is growing significantly in the overall market. Despite facing few environmental concerns, plastic is widely used due to its versatility and cost-effectiveness. Many new launches in plastic materials have led to the development of lightweight, flexible, and strong packaging solutions that enhance the protection and shelf life of fresh foods. This includes a variety of products such as bags, pouches, containers, and wraps, which are designed to meet the specific demands of various food items.
     
  • Additionally, the advancements in biodegradable and recyclable plastics are reducing sustainability concerns, making plastic packaging eco-friendlier and safer for environment-conscious consumers. Plastics packaging is ideal for the packaging of foodstuffs, medicines, and pharmaceuticals. It can be filled and sealed without human intervention. The materials used, both plastics raw materials and additives, fulfill all food safety legislation at national & European Union levels. Plastic products are customarily used as medical devices in intimate contact with body tissue and conform to the highest standards of safety in their lifesaving uses.
     
Fresh Food Packaging Market Share, By Application, 2023

Based on application, the fresh food packaging market is divided into Fruits and Vegetables, {Fresh-cut, Whole}, Meat, Poultry, and Seafood, {Fresh, processed}, Dairy Products, {Milk, Cheese, Yogurt, Others}, Bakery and Confectionery, {Bread, Pastries, Cakes, Others}, Ready-to-eat Food, Others, {Salads, Ready meals. The Fruits and Vegetables dominated the global market with a share of over 30% in 2023.
 

  • The fresh produce packaging market is primarily driven by the fruit and vegetable segment, as packaging plays a crucial role in maintaining the quality, safety, and shelf life of the produce throughout the value chain. From bags to pouches and trays to films or envelopes, this segment includes different types of packaging solutions aimed at shielding the delicate produce from damages, contamination, and spoilage that take place even before these items reach end consumers. Technological interventions via packaging innovations, such as breathable films or MAP plus moisture control, do manage quality by curbing wastage.
     
  • The demand for convenient products coupled with consumer health consciousness further drives this dynamic industry, which sees rising favoritism toward fresh produces by users despite the need for more elaborate protection mechanisms during transit itself — signifying an evolving marketplace where emphasis on two major factors (functionality & sustainability) continues to be key in addressing the emerging market needs.
     
U.S. Fresh Food Packaging Market Size, 2022-2032 (USD Billion)

North America dominated the global fresh food packaging market in 2023, accounting for a share of over 38%. North America's industry is known for strong growth rates and significant innovations. Several factors fuel this drive for fresh & high-quality products, a primary focus of consumer demand that places emphasis on safety, convenience, and sustainability.
 

In Asia Pacific, the implementation of advanced packaging technologies has positively impacted the fruits and vegetables segment, helping in product shelf life and freshness maintenance.
 

The focus in China is a shift that is visible toward sustainable packaging solutions. This trend is fueled by consumers and regulatory bodies demanding minimal environmental impact, prompting companies to invest in biodegradable, compostable, and recyclable materials.
 

In India, these developments indicate the larger trend toward eco-friendly packaging and can promote themselves as well. They also appeal to the public awareness of the detrimental environmental effects brought about by traditional plastic packaging; this ensures support for the transition that they are trying to market.
 

Authors: Suraj Gujar, Rutvij Kshirsagar

Frequently Asked Questions (FAQ) :

The market size for fresh food packaging was valued at over USD 95.5 billion in 2023 and is estimated to register over USD 172 billion by 2032, driven by the growing consumer needs.

The plastic fresh food packaging market is expected to register over 6.8% CAGR during 2024-2032, owing to its convenience and versatility.

North America market accounted for over 38% share in 2023 and will grow rapidly through 2032, driven by rising emphasis on safety, convenience, and sustainability.

Mondi Group, Sealed Air Corporation, Sonoco Products Company, Smurfit Kappa Group, Berry Global Group, Inc, and DS Smith Plc. among others.

Fresh Food Packaging Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 285
  • Countries covered: 21
  • Pages: 210
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