Fresh Food Packaging: Driving Growth in the Market | Expert Review & Forecast

What is Fresh Food Packaging Industry?

The fresh food packaging industry refers to the sector that designs, manufactures, and supplies packaging solutions specifically for fresh food products. This includes packaging for fruits, vegetables, meats, dairy products, baked goods, and other perishable items that require airtight and protective packaging to maintain their freshness and quality.

The main goal of fresh food packaging is to protect the products from damage, contamination, and deterioration during storage and transportation, while also providing information to consumers about the contents, expiration dates, and nutritional information of the products.

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As per?MarketsandMarkets?, the global Fresh Food Packaging Market size is projected to grow up to?USD 95.2 billion?by 2025, at a CAGR of 3.5%.

The industry is constantly evolving and innovating to meet changing consumer demands, sustainability goals, and regulatory requirements. Some of the latest trends in fresh food packaging include the use of eco-friendly materials, smart packaging that can monitor and report on the condition of the products inside, and packaging that can be easily recycled or reused.

Food Packaging Market Key Players

• Amcor PLC (Australia)
• 国际纸业 (US)
• WestRock Company (US)
• 希悦尔 (US)
• Smurfit Kappa (Ireland)
• Coveris Group (Vienna)
• 杜邦 (US)
• DS Smith PLC (UK)
• MONDI PLC (South Africa)
• Silgan Holdings Inc. (US)
• Sonoco Products Co. (US)
• Schur Flexibles Finland (Austria)
• Anchor Packaging Inc. (US)
• Printpack Inc. (US)
• Bomarko, Inc. (US)
• Packaging Corporation of America (US)
• Graphic Packaging Holding Co. (US)
• Ampacet Corporation (US)
• Ultimate Packaging Pty Ltd (UK)
• Temkin International (Utah)

Food Packaging Market Growth & Drivers

The food packaging market is expected to experience significant growth over the next few years. Some of the key drivers for this growth include:

1. Increasing demand for convenience food: With busy lifestyles and a growing population, the demand for convenient and ready-to-eat food has been on the rise. This has led to an increase in the demand for food packaging that is easy to use, store and transport.
2. Growing awareness about food safety: Consumers are becoming increasingly concerned about the safety and quality of the food they consume. This has led to a greater demand for food packaging that ensures the safety and freshness of the food.
3. Technological advancements in packaging materials: There have been significant advancements in the development of packaging materials that offer better protection to food and also have a lower impact on the environment. These innovations have helped to create new opportunities for growth in the food packaging market.
4. Increasing adoption of sustainable packaging: Consumers are increasingly looking for sustainable and eco-friendly packaging solutions. This has led to a growing trend towards the use of biodegradable and recyclable packaging materials.
5. Growth of the e-commerce industry: With the rise of online food delivery services and meal kit subscriptions, the demand for food packaging has increased significantly. This trend is expected to continue in the future, driving growth in the food packaging market.

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In terms of value, the polypropylene segment is projected to account for the largest share of the Fresh Food Packaging, by material, during the forecast period.

Polypropylene (PP) has a clear, glossy film with high strength and puncture resistance. This material is not affected by changes in humidity. It has moderate permeability to gases and odors and a higher barrier to water vapor. These properties enable the use of polypropylene in the production of a wide variety of food & beverage packaging solutions.

Converted roll stock to be the largest pack type of the Fresh Food Packaging.

Converted roll stock is widely used in the form of bags, pouches, and sachets, among others. Converted roll stock is made from raw materials, such as polyesters, adhesives, silicone, tapes, plastics, rubbers, liners, and metals, to create new products. The roll materials vary in size and weight as per the product requirement. Converted roll stock is the most common pack type used in fresh food packaging.

The meat products application is projected to register the highest CAGR during the forecast period.

Meat products are the largest and fastest-growing application in terms of both value and volume. The growing disposable incomes have fueled the demand for convenience food items, which is, in turn, driving the fresh food packaging market. The increasing awareness regarding the nutritional value of meat products and changing eating habits are also boosting the demand for fresh food packaging.

The APAC region leads the Fresh Food Packaging Market in terms of volume.

APAC is projected to be the fastest-growing market for fresh food packaging during the forecast period. Increase in demand for convenience by consumers and concerns about food product safety are some of the major reasons that could drive the fresh food packaging market in the region.