Fresh Food Packaging Market to Reach US$ 186.7 Bn by 2030
The worldwide Fresh Food Packaging market measurement is anticipated to achieve USD 186.7 billion by 2030 and is anticipated to increase at a CAGR of 6.05% from 2021 to 2030.
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Growth Factors
Increasing demand for fresh dairy products from developing countries is expected to be the key driver for the market over the forecast period.
The industry has experienced a significant impact of the COVID-19 pandemic owing to the disruption of the supply chain. The shutdown in China, which is one of the key raw material producers, has impacted packaging manufacturers globally. The shortage in supply of raw materials like plastics, aluminum, steel, and others from Chinese manufacturers has resulted in a demand-supply gap, however, the manufacturing is expected to ramp up the production gradually. The increasing demand for eco-friendly packaging solutions has forced various companies to develop products that are recyclable or biodegradable. For instance, in November 2020, Amcor plc introduced a new product line, Packpyrus, which is a paper-based packaging solution for meat and cheese. Similarly, in September 2019, PPC Flexible Packaging LLC launched PPC green products, which include compostable and recyclable pouches to strengthen its sustainable eco-friendly product portfolio
Report Coverage
Report Scope | Details |
Market Size | USD 186.7 billion by 2030 |
Growth Rate | CAGR of 6.05% From 2021 to 2030 |
Base Year | 2021 |
Historic Data | 2017 to 2020 |
Forecast Period | 2021 to 2030 |
Segments Covered | Packaging type, Material, Application |
Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Companies Mentioned | Amcor plc; DS Smith Plc; Mondi; Coveris; FLAIR Flexible Packaging Corporation; PPC Flexible Packaging LLC; Flex-Pack; Transcontinental Inc; FFP Packaging Ltd; Sealed Air; GRUPO LANTERO; INFIA srl; Sonoco Products Company; Huhtamaki, CLONDALKIN GROUP, Clifton Packaging Group Limited; ProAmpac; Genpak, LLC; Pro-Pac Packaging Limited; WINPAK LTD. |
Report Highlights
The rigid fresh food packaging segment emerged as the highest type segment in the year 2020 and hold for the highest revenue share of 53.4%. Rigid solutions provide stronger support to the goods that are packed with firm bases and barrier walls. Products packed in a rigid type of packaging are easy to ship from one place to another without damaging the content owing to the sturdy structure of the packaging.
The plastic material segment accounted the market for fresh food packaging and hold for the highest revenue share of 39.2% in 2020 owing to its low cost, durability, and abundant availability. Packaging with plastic provides an efficient moisture barrier to the contents. Similarly, clear, and transparent containers or films are in demand as they enable end-users to easily identify the content as well as to check the product quality leading to high market share.
The dairy products segment accounted the fresh food packaging market and accounted for the highest revenue share of 40.3% in 2020. As per the report, ‘OECD‑FAO Agricultural Outlook 2018–2027on Dairy and Dairy Products’, fresh dairy products held the largest share of milk and dairy product consumption accounting for 50.0% of total milk production across the globe.
Asia Pacific dominated the market for fresh food packaging and hold for the highest revenue share of 41.9% in 2020. The region is expected to dominate the market over the forecast period. The region hosts several fast-growing economies including India, China, South Korea, Japan, and Indonesia. A large consumer base in countries like India and China is responsible for the high demand for fresh food products, which, in turn, is augmenting the demand for fresh food packaging over the forecast period.
Key Players
- Amcor plc
- DS Smith Plc
- Mondi
- Coveris
- FLAIR Flexible Packaging Corporation
- PPC Flexible Packaging LLC
- Flex-Pack
- Transcontinental Inc.
- FFP Packaging Ltd.
- Sealed Air
- GRUPO LANTERO
- INFIA srl
- Sonoco Products Company
- Huhtamaki
- CLONDALKIN GROUP
- Clifton Packaging Group Limited
- ProAmpac
- Genpak, LLC
- Pro-Pac Packaging Limited
- WINPAK LTD
Market Segmentation
- Packaging Type
- Rigid
- Clamshells
- Trays & Boxes
- Others
- Flexible
- Pouches & Bags
- Wraps & Films.
- Rigid
- Material
- Plastic
- Polypropylene
- Polyethylene
- Polystyrene
- Polyvinyl Chloride
- Polyethylene Terephthalate
- Paper & Paper Board
- Bagasse
- Polylactic Acid
- Others
- Plastic
- Application
- Eggs, Meat and Seafood
- Fruits and Vegetables
- Dairy Products
- Region
- North America
- U.S
- Canada
- Europe
- U.K.
- Germany
- France
- Italy
- Spain
- Denmark
- Norway
- Sweden
- Russia
- Poland
- Netherlands
- Portugal
- Asia Pacific
- India
- China
- Japan
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- South Africa
- North America
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Reasons to Purchase this Report:
– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Packaging Type Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Fresh Food Packaging Market, By Packaging Type
7.1. Fresh Food Packaging Market, by Packaging Type, 2021-2030
7.1.1. Rigid
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Flexible
7.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Fresh Food Packaging Market, By Material
8.1. Fresh Food Packaging Market, by Material, 2021-2030
8.1.1. Plastic
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Paper & Paper Board
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Bagasse
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Polylactic Acid
8.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Fresh Food Packaging Market, By Application
9.1. Fresh Food Packaging Market, by Application, 2021-2030
9.1.1. Eggs, Meat and Seafood
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Fruits and Vegetables
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Dairy Products
9.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Fresh Food Packaging Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Packaging Type (2017-2030)
10.1.2. Market Revenue and Forecast, by Material (2017-2030)
10.1.3. Market Revenue and Forecast, by Application (2017-2030)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Packaging Type (2017-2030)
10.1.4.2. Market Revenue and Forecast, by Material (2017-2030)
10.1.4.3. Market Revenue and Forecast, by Application (2017-2030)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Packaging Type (2017-2030)
10.1.5.2. Market Revenue and Forecast, by Material (2017-2030)
10.1.5.3. Market Revenue and Forecast, by Application (2017-2030)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Packaging Type (2017-2030)
10.2.2. Market Revenue and Forecast, by Material (2017-2030)
10.2.3. Market Revenue and Forecast, by Application (2017-2030)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Packaging Type (2017-2030)
10.2.4.2. Market Revenue and Forecast, by Material (2017-2030)
10.2.4.3. Market Revenue and Forecast, by Application (2017-2030)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Packaging Type (2017-2030)
10.2.5.2. Market Revenue and Forecast, by Material (2017-2030)
10.2.5.3. Market Revenue and Forecast, by Application (2017-2030)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Packaging Type (2017-2030)
10.2.6.2. Market Revenue and Forecast, by Material (2017-2030)
10.2.6.3. Market Revenue and Forecast, by Application (2017-2030)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Packaging Type (2017-2030)
10.2.7.2. Market Revenue and Forecast, by Material (2017-2030)
10.2.7.3. Market Revenue and Forecast, by Application (2017-2030)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Packaging Type (2017-2030)
10.3.2. Market Revenue and Forecast, by Material (2017-2030)
10.3.3. Market Revenue and Forecast, by Application (2017-2030)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Packaging Type (2017-2030)
10.3.4.2. Market Revenue and Forecast, by Material (2017-2030)
10.3.4.3. Market Revenue and Forecast, by Application (2017-2030)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Packaging Type (2017-2030)
10.3.5.2. Market Revenue and Forecast, by Material (2017-2030)
10.3.5.3. Market Revenue and Forecast, by Application (2017-2030)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Packaging Type (2017-2030)
10.3.6.2. Market Revenue and Forecast, by Material (2017-2030)
10.3.6.3. Market Revenue and Forecast, by Application (2017-2030)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Packaging Type (2017-2030)
10.3.7.2. Market Revenue and Forecast, by Material (2017-2030)
10.3.7.3. Market Revenue and Forecast, by Application (2017-2030)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Packaging Type (2017-2030)
10.4.2. Market Revenue and Forecast, by Material (2017-2030)
10.4.3. Market Revenue and Forecast, by Application (2017-2030)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Packaging Type (2017-2030)
10.4.4.2. Market Revenue and Forecast, by Material (2017-2030)
10.4.4.3. Market Revenue and Forecast, by Application (2017-2030)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Packaging Type (2017-2030)
10.4.5.2. Market Revenue and Forecast, by Material (2017-2030)
10.4.5.3. Market Revenue and Forecast, by Application (2017-2030)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Packaging Type (2017-2030)
10.4.6.2. Market Revenue and Forecast, by Material (2017-2030)
10.4.6.3. Market Revenue and Forecast, by Application (2017-2030)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Packaging Type (2017-2030)
10.4.7.2. Market Revenue and Forecast, by Material (2017-2030)
10.4.7.3. Market Revenue and Forecast, by Application (2017-2030)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Packaging Type (2017-2030)
10.5.2. Market Revenue and Forecast, by Material (2017-2030)
10.5.3. Market Revenue and Forecast, by Application (2017-2030)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Packaging Type (2017-2030)
10.5.4.2. Market Revenue and Forecast, by Material (2017-2030)
10.5.4.3. Market Revenue and Forecast, by Application (2017-2030)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Packaging Type (2017-2030)
10.5.5.2. Market Revenue and Forecast, by Material (2017-2030)
10.5.5.3. Market Revenue and Forecast, by Application (2017-2030)
Chapter 11. Company Profiles
11.1. Amcor plc
11.1.1. Company Overview
11.1.2. Material Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. DS Smith Plc
11.2.1. Company Overview
11.2.2. Material Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Mondi
11.3.1. Company Overview
11.3.2. Material Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Coveris
11.4.1. Company Overview
11.4.2. Material Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. FLAIR Flexible Packaging Corporation
11.5.1. Company Overview
11.5.2. Material Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. PPC Flexible Packaging LLC
11.6.1. Company Overview
11.6.2. Material Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Flex-Pack
11.7.1. Company Overview
11.7.2. Material Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Transcontinental Inc.
11.8.1. Company Overview
11.8.2. Material Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. FFP Packaging Ltd.
11.9.1. Company Overview
11.9.2. Material Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. Sealed Air
11.10.1. Company Overview
11.10.2. Material Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
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