by The global fresh food packaging market size was valued at USD 122 billion in 2022 and is expected to hit around USD 174.6 billion by 2032, growing at a CAGR of 3.7% from 2023 to 2032.
The fresh food packaging market has experienced significant growth, driven by various factors. Fresh food packaging plays a crucial role in preserving the quality, safety, and shelf life of perishable food products such as fruits, vegetables, meat, poultry, seafood, and dairy. With the increasing demand for fresh and healthy food products, there has been a growing need for packaging solutions that maintain freshness, prevent spoilage, and protect against contamination during transportation, storage, and display. Moreover, advancements in packaging materials, technologies, and designs have led to the development of innovative solutions tailored to the specific requirements of different types of fresh food products. These solutions include modified atmosphere packaging (MAP), vacuum packaging, absorbent pads, and antimicrobial films designed to extend the shelf life of fresh food items and preserve their nutritional value.
Additionally, the rise of convenience-oriented lifestyles and on-the-go consumption habits has driven demand for convenient and portable packaging formats for fresh food products, such as single-serve portions and resealable packaging options. Furthermore, the COVID-19 pandemic has highlighted the importance of food safety and hygiene, driving increased adoption of hygienic and tamper-evident packaging solutions for fresh food products. As consumer preferences continue to evolve, driven by health, convenience, and sustainability concerns, the fresh food packaging market is expected to witness sustained growth, offering opportunities for innovation and advancement in packaging solutions for fresh food products.
Key Takeaways
- In terms of packaging type, the rigid fresh food packaging market is expected to account for about 52.7% of revenue in 2022.
- From 2023 to2032, the flexible fresh food packaging market is projected to expand at a 5.8% compound annual growth rate.
- In terms of material, the plastic material segment generated about 37.5% of revenue in 2022.
- In terms of revenue share by application, the dairy products segment has around 39.6% in 2022.
- With a 5.2% compound annual growth rate (CAGR) for the projection period, the fruits and vegetable application segment is expanding.
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Report Scope of the Fresh Food Packaging Market
| Report Coverage | Details |
| Market Size in 2023 | USD 125.9 Billion |
| Market Size by 2032 | USD 174.6 Billion |
| Growth Rate from 2023 to 2032 | CAGR of 3.7% |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | Packaging Type, Material, Pack Type, Application, and Geography |
Read More: Active Packaging Market Size to Hit USD 64.64 Billion by 2032
Fresh Food Packaging Market Dynamics
Driver:
The increasing consumer demand for fresh and healthy food options is a significant driver for the fresh food packaging market. Consumers are becoming more health-conscious and are seeking convenient options that preserve the freshness and quality of perishable goods. This demand drives the need for innovative packaging solutions that extend shelf life, maintain food safety, and reduce food waste. Additionally, the growth of the e-commerce sector and online grocery shopping further fuels the demand for efficient packaging solutions to ensure the safe delivery of fresh produce to consumers’ doorsteps.
Restraint:
One of the key restraints for the fresh food packaging market is the growing concern over environmental sustainability. As consumers become more environmentally conscious, there is increasing pressure on manufacturers to develop packaging solutions that are eco-friendly and recyclable. This shift towards sustainable packaging materials presents challenges for traditional packaging manufacturers who may need to invest in research and development to create innovative, sustainable alternatives. Additionally, stringent regulations and policies aimed at reducing plastic waste further constrain the market, requiring companies to adopt more sustainable practices and materials.
Opportunity:
The increasing urbanization and busy lifestyles of consumers present a significant opportunity for the fresh food packaging market. As more people move to urban areas and lead fast-paced lives, there is a growing demand for convenient, on-the-go food options. This creates opportunities for packaging companies to develop portable, single-serve packaging solutions that cater to the needs of busy consumers. Moreover, advancements in packaging technology, such as modified atmosphere packaging (MAP) and active packaging, offer opportunities to extend the shelf life of fresh food products and improve their quality during storage and transportation. Furthermore, the rise of smart packaging technologies, including QR codes and sensors, provides opportunities for companies to enhance product traceability, safety, and consumer engagement, thereby driving growth in the fresh food packaging market.
Recent Developments
- The business and Moda (New Zealand) joined in January 2020 to offer cutting-edge packaging solutions in the North American and Latin American regions. In order to bolster its position in the market, Amcor PLC effectively bought Bemis Company Inc. (US) in 2019. This acquisition provided Bemis with greater scale, capabilities, and reach.
Fresh Food Packaging Market Players
- Amcor plc
- DS Smith Plc
- Mondi
- Flex-Pack
- Huhtamaki
- CLONDALKIN GROUP
- Clifton Packaging Group Limited
- Transcontinental Inc.
- FFP Packaging Ltd.
- Sealed Air
- GRUPO LANTERO
- INFIA srl
- Sonoco Products Company
- ProAmpac
- Coveris
- FLAIR Flexible Packaging Corporation
- PPC Flexible Packaging LLC
- GenpakLLC
- Pro-Pac Packaging Limited
- WINPAK LTD
Segments Covered in the Report
By Packaging Type
- Rigid
- Clamshells
- Trays & Boxes
- Others
- Flexible
- Pouches & Bags
- Wraps & Films
By Material
- Plastic
- Polypropylene
- Polyethylene
- Polystyrene
- Polyvinyl Chloride
- Polyethylene Terephthalate
- Paper and paperboard
- Poly lactic acid
- Others
By Pack Type
- Converted Roll Stock
- Gusseted Bags
- Flexible Paper
- Corrugated Box
- Others
By Application
- Dairy products
- Fruits and vegetables
- Eggs meat and seafood
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa (MEA)
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