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Seafood Packaging Market Size

Report ID: GMI12249
Published Date: Nov 2024
Report Format: PDF

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Seafood Packaging Market Size

The global seafood packaging market was valued at USD 16.3 billion in 2023 and is estimated to grow at a CAGR of 5.8 % from 2024 to 2032.

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The seafood packaging industry is undergoing significant evolution, driven by the growing demand for innovative solutions that preserve seafood quality, enhance convenience, and meet stringent food safety standards. As the seafood industry expands, there is a noticeable shift toward packaging technologies that help extend shelf life while maintaining freshness. There is an increasing consumer preference for fresh, high-quality seafood. Packaging that ensures the freshness of seafood products enhances their appeal to consumers, helping to maintain flavor, texture, and nutritional value. Retailers and food suppliers focus on packaging solutions that keep seafood products fresh for longer periods, attracting more customers and reducing food waste.

Seafood Packaging Market Report Attributes
Report Attribute	Details
Base Year:	2023
Seafood Packaging Market Size in 2023:	USD 16.3 Billion
Forecast Period:	2024 to 2032
Forecast Period 2024 to 2032 CAGR:	5.8%
2032 Value Projection:	USD 26.9 Billion
Historical Data for:	2021 - 2023
No. of Pages:	490
Tables, Charts & Figures:	700
Segments covered:	Material, Type, Product, Application, Seafood
Growth Drivers:	Rising demand for frozen and convenience seafood products Growing focus towards improving shelf life and freshness preservation Advancements in packaging technologies Sustainability and eco-friendly packaging solutions Changing consumer preferences and product diversification
Pitfalls & Challenges:	Environmental impact of packaging materials Technological integration and cost barriers

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For instance, In December 2023, SÜDPACK has unveiled its innovative Multifol Extreme packaging film, specifically designed for the efficient and safe packaging of seafood products. Due to its outstanding sealing performance and high puncture resistance, the innovative flexible film is ideal for packaging fatty, protein-rich or sharp-edged products such as fresh or frozen fish, e.g. salmon fillets, white fish and herring portions.

Authors: Suraj Gujar, Kanhaiya Kathoke

Frequently Asked Questions (FAQ) :

The global market size for seafood packaging was valued at USD 16.3 billion in 2023 and is expected to reach USD 26.9 billion by 2032, driven by a CAGR of 5.8% from 2024 to 2032.

Plastic packaging held a market share of over 55% in 2023, driven by its versatility, durability, and cost-effectiveness.

The North America market held a share of over 20% in 2023, driven by strong consumer preference for convenience and high-quality, fresh seafood products.

Major players in the industry include Amcor, Berry Global, Disruptive Packaging, DS Smith, Genpack, KM Packaging, Nelipak Food Packaging, O F Packaging, Orora Packaging Australia, Printpack, ProAmpac, and Sealed Air.