Description
Global Fresh Food Packaging Market; by Application (Fruits and Vegetables, Meat and Seafood, Dairy, Others); By Material Type (Glass, Metal, Polypropylene, aluminum, Plastic, Wood, and Paper); and Region –Analysis of Market Size, Share & Trends for 2016 – 2019 and Forecasts to 2030
Product Overview
Fresh food packaging helps in the prevention of food from any alteration in the state and further prevents the food from any kind of physical, biological changes or chemical contamination. Due to this, the shelf life of the food increases. The packaging is done to prevent the food from environmental or physical damage to food while transporting. This provides knowledge about the ingredients, nutrient content, and guidelines to preserve food quality and freshness.
Market Highlights
This report anticipates the Fresh food packaging market to surpass USD XX Billion by 2030, which is valued at XX billion in 2019 at a compound annual growth rate of XX%. According to the report, in line with the growth of numerous end-users of fresh food packaging throughout the world, the demand is expected to rise. The growing demography demands for convenient food that provides a longer shelf life; thus, fresh food packaging materials becomes relatively important. Among these factors, packaging convenience and advancement in emerging technology also drive the global demand for fresh food packaging.
Fresh food packaging Market: Segments
Global market has been segmented on the basis of material type, application type, and by location. It has been further segmented on the basis of region into North America, Europe, Asia-Pacific, Mid East and Africa.
By Material type (in %), global Fresh food packaging Market, 2019
The paper bags segment is anticipated to register XX% of the volume share and is expected to grow at a highest CAGR.
Global Fresh food packaging Market is segmented by material type into: Glass, Metal, Polypropylene, aluminum, Plastic, Wood, and Paper
Due to higher convenience and greater decomposition property of paper, this segment held the largest share in 2019. The demand for this material is projected to be further increased by stringent government regulations and the restrictions on plastic packaging. Paper is processed or painted and laminated or sprayed with the finishing polish, resins, lacquers and waxes.
Polypropylene on the other hand holds a significant share owing to its resistance towards humidity, gaseous and odor permeability and a greater water vapor barrier make it fit for packaging in fresh foods. Polypropylene also has a high melting point, making it especially suitable for food packaging items used in microwaves or in dishwashing.
Global Fresh food packaging Market: Market Dynamics
Drivers
• Enhanced characteristics
Fresh food packaging excels in their fine clarity, temperature tolerance, strength, and barrier properties. They are also available in a wide variety for thickness and surface characteristics, presenting several options for their offers to the customer.
Restraints
• Quality issues
Newly designed, rigid packaging demand in the packaging industry and standard and quality issues for Fresh food packaging are key factors restricting the growth of the Fresh food packaging market. The industry’s high Barrier Growth is limited by poor quality sealing.
Global Fresh food packaging Market: Regions
In terms of value and volume, Asia Pacific was the largest market accounting for XX% of total market volume share in 2019
Asia Pacific led the global market for Fresh food packaging with XX% of the overall demand in 2019. With fast industrialization and urbanization, India and China has been the leading consumer to an improved standard of living and rising health awareness and thus increasing demand for fresh food products. In countries such as China and India, the presence of airborne diseases combined with growing consumer disposable incomes are expected to fuel growth in the countries with high demography. North America also holds significant share due to growing knowledge and the accessibility of alternatives such as eco-friendly packaging in the USA. These solutions are affordable and manufactured using recycled materials and eco-friendly practices. This trend is expected to drive regional development even further.
Global Fresh food packaging Market: Key Players
• Amcor PLC (Australia)
o Company Overview
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
o Recent Development
o Regional Presence
o SWOT Analysis
• Sealed Air Corporation (US)
• International Paper Company (US)
• Coveris (Vienna)
• Smith PLC (UK)
• Silgan Holdings Inc. (US)
• WestRock Company (US)
• AptarGroup (US)
• Smurfit Kappa (Ireland)
• Dupont (US)
• Jindal Poly Films (India)
• Zhejiang Kinlead Innovative Materials (China)
• Poligal S.A. (Spain)
• Other prominent players
Global Fresh food packaging market report also contains analysis on:
• Fresh food packaging Market Segments:
o By Application:
fruits and vegetables
meat and seafood
dairy
others
o By application into:
Glass
Paper
Wood
Metal
Polypropylene
Aluminum
Plastic
• Fresh food packaging Market Dynamics
• Fresh food packaging Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints
