Fresh Food Packaging Market, By Material Type, By Packaging Type, By Application, By Geography

Description

The Global Fresh Food Packaging Market is estimated to be valued at USD 93.71 Bn in 2024 and is expected to reach USD 124.15 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 4.1% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 93.71 Bn
Historical Data for:	2019 To 2023	Forecast Period:	2024 To 2031
Forecast Period 2024 to 2031 CAGR:	4.10%	2031 Value Projection:	US$ 124.15 Bn

Figure. Fresh Food Packaging Market Share (%), By Region, 2024

The global fresh food packaging market is witnessing significant growth in the recent years. Fresh food products like fruits, vegetables, meat, seafood etc. require specialized packaging solutions to protect them from damage and extend their shelf life during transportation and storage. Various materials like plastic, paper, glass, metal etc. are used for fresh food packaging depending on the type of product and desired properties. Pouches, bags, trays, wraps, boxes, etc. are some common packaging formats. With rising health consciousness and demand for fresh and ready-to-eat food items, the need for innovative and sustainable fresh food packaging is on the rise. Growing food retail and e-commerce sectors are also augmenting the market growth globally. However, factors like stringent regulations over use of plastic packaging and high recycling costs pose certain challenges.

Market Dynamics:

The global fresh food packaging market growth is driven by growing demand for fresh and convenient food products among consumers. Rapid urbanization and changing lifestyles have increased the consumption of packaged fresh foods significantly. Increasing purchasing power and willingness to pay more for packaged fresh foods also support the market growth. Moreover, advanced packaging materials and technologies that help improve product quality and extend shelf-life act as major opportunities. However, stringent government regulations regarding use of plastics in food packaging and issues with collection & recycling of used packages hamper the market growth. Also, fluctuating prices of raw materials increase the manufacturing costs.

Key Features of the Study:

This report provides in-depth analysis of the global fresh food packaging market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global fresh food packaging market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Crown Holdings Inc., Sealed Air Corporation, Tetra Pak International, Amcor Ltd., Rexam PLC, Sonoco Products Company, Graphic Packaging International LLC, International Paper Company, Ball Corporation, Reynolds Group Holdings Ltd., WestRock Company, Smurfit Kappa, Coveris, DuPont, DS Smith PLC, Mondi PLC, Silgan Holdings Inc., Schur Flexibles, Anchor Packaging Inc., and Printpack Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global fresh food packaging market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global fresh food packaging market.

Detailed Segmentation-

By Material Type Insights (Revenue, USD Bn, 2019 - 2031)
- Plastic
- Paper & Paperboard
- Glass
- Metal
- Others
By Packaging Type Insights (Revenue, USD Bn, 2019 - 2031)
- Flexible Packaging
- Rigid Packaging
- Semi-Rigid Packaging
- Others
By Application Insights (Revenue, USD Bn, 2019 - 2031)
- Eggs, Meat and Seafood
- Fruits and Vegetables
- Dairy Products
By Regional Insights (Revenue, USD Bn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
Key Players Insights
- Crown Holdings Inc.
- Sealed Air Corporation
- Tetra Pak International
- Amcor Ltd.
- Rexam PLC
- Sonoco Products Company
- Graphic Packaging International LLC
- International Paper Company
- Ball Corporation
- Reynolds Group Holdings Ltd.
- WestRock Company
- Smurfit Kappa
- Coveris
- DuPont
- DS Smith PLC
- Mondi PLC
- Silgan Holdings Inc.
- Schur Flexibles
- Anchor Packaging Inc.
- Printpack Inc.

Product Code: CMI7304

1. RESEARCH OBJECTIVES AND ASSUMPTIONS

Research Objectives
Assumptions
Abbreviations

2. MARKET PURVIEW

Report Description
- Market Definition and Scope
Executive Summary
- Global Fresh Food Packaging Market, By Material Type
- Global Fresh Food Packaging Market, By Packaging Type
- Global Fresh Food Packaging Market, By Application

3. MARKET DYNAMICS, REGULATIONS, AND TRENDS ANALYSIS

Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Global Fresh Food Packaging Market, By Material Type, 2024-2031, (USD Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Plastic
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Paper & Paperboard
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Glass
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Metal
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

5. Global Fresh Food Packaging Market, By Packaging Type, 2024-2031, (USD Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Flexible Packaging
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Rigid Packaging
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Semi-Rigid Packaging
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

6. Global Fresh Food Packaging Market, By Application, 2024-2031, (USD Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Eggs, Meat and Seafood
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Fruits and Vegetables
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Dairy Products
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

7. Global Fresh Food Packaging Market, By Region, 2019 - 2031, Value (USD Bn)

Introduction
- Market Share (%) Analysis, 2024,2027 & 2031, Value (USD Bn)
- Market Y-o-Y Growth Analysis (%), 2019 - 2031, Value (USD Bn)
- Regional Trends
North America
- Introduction
- Market Size and Forecast, By Material Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Packaging Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
U.S.
Canada
Latin America
- Introduction
- Market Size and Forecast, By Material Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Packaging Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By Material Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Packaging Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Material Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Packaging Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
- Introduction
- Market Size and Forecast, By Material Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Packaging Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
GCC Countries
Israel
Rest of Middle East
Africa
- Introduction
- Market Size and Forecast, By Material Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Packaging Type, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application, 2019 - 2031, Value (USD Bn)
South Africa
North Africa
Central Africa

8. COMPETITIVE LANDSCAPE

Crown Holdings Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Sealed Air Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Tetra Pak International
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Amcor Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Rexam PLC
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Sonoco Products Company
Graphic Packaging International LLC
International Paper Company
Ball Corporation
Reynolds Group Holdings Ltd.
WestRock Company
Smurfit Kappa
Coveris
DuPont
DS Smith PLC
Mondi PLC
Silgan Holdings Inc.
Schur Flexibles
Anchor Packaging Inc.
Printpack Inc.

9. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. References and Research Methodology

References
Research Methodology
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