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Fresh Food Packaging Market Trends

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

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Fresh Food Packaging Market Trends

The rise in sustainable packaging solutions and expanding consumer market and regulatory compliances has propelled the adoption of biodegradable materials, recyclable packaging options, and innovations in eco-friendly designs for packaging. F&B firms are concentrating on decreasing their ecological footprints, thus enhancing their brand reputation via sustainable practices integrated throughout the packaging processes.

With new technologies, fresh food packaging is finding its way in the market. Innovations such as these are changing the industry from RFID tags that track the journey of products and QR codes, which provide information concerning where a particular food came from and how fresh it is. Smart packages help in managing the shelf life better, thereby reducing food wastage while providing customers with more transparency as well as assurance over safety & quality of their meals. By enhancing trust with consumers, this trend also contributes to increased supply chain efficiency.

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.