Frozen Food Packaging Market Size, Share, Growth, Report Analysis 2023-2028

Comments · 29 Views

The global frozen food packaging market size reached US$ 44.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 60.0 Billion by 2028, exhibiting a growth rate (CAGR) of 4.9% during 2023-2028.

Global Frozen Food Packaging Market Overview 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Frozen food packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global frozen food packaging industry report, size, share, trends and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

The global frozen food packaging market size reached US$ 44.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 60.0 Billion by 2028, exhibiting a growth rate (CAGR) of 4.9% during 2023-2028.

Frozen food packaging refers to the materials and techniques used to encase and protect frozen food products for storage, transportation, and sale. It is usually made from durable materials that can withstand extreme cold temperatures. It provides thermal insulation, keeping the contents at low temperatures and preventing thawing. It offers a barrier against moisture, air, and light, which can degrade the quality of frozen foods. Its effective sealing mechanisms prevent the entry of external contaminants and maintain the integrity of the product. Besides this, as it allows for portion control and easy storage, reducing food wastage, the demand for frozen food packaging is increasing across the globe. 

Global Frozen Food Packaging Market Trends and Drivers:

The rising reliance of individuals on online grocery shopping represents one of the primary factors driving the need for packaging that can withstand the rigors of transportation and ensure product quality. Additionally, the increasing working population, busy lifestyles of individuals, and rising consumption of processed foods are catalyzing the demand for packaging materials. Along with this, continuous advancements in packaging technology are positively influencing the market. Along with this, the development of innovative variants, such as vacuum packaging, modified atmosphere packaging (MAP), and smart packaging solutions, is extending the shelf life of frozen foods, reducing food waste, and enhancing user convenience. They also provide valuable information, such as expiration dates and product freshness, through QR codes and sensors. Apart from this, the rising awareness among the masses about the benefits offered by flexible packaging is strengthening the growth of the market. Flexible packaging provides versatility, cost-effectiveness, and reduced material waste compared to traditional rigid packaging. This trend aligns with the sustainability goals of reducing packaging waste and optimizing resources. Moreover, the implementation of stringent food safety regulations is encouraging manufacturers to adopt packaging solutions that meet the highest standards of hygiene and contamination prevention. Additionally, the governing authorities of various countries are promoting sustainable packaging practices through incentives and regulations, further driving the adoption of eco-friendly packaging materials.

Global Frozen Food Packaging Market 2023-2028 Analysis and Segmentation:

Top Key Players covered in this report are: Amcor plc, Berry Global Inc., Cascades Inc., Crown Holdings Inc., Huhtamäki Oyj, ProAmpac, Sabert Corporation, Smurfit Kappa Group plc, Sonoco Products Company, WestRock Company etc.

The report segmented the market on the basis of region, type, product and material.

Breakup by Type:

  • Boxes
  • Bags
  • Cups and Tubs
  • Trays
  • Wraps
  • Pouches
  • Others

Breakup by Product:

  • Ready Meals
  • Meat and Poultry
  • Sea Food
  • Potatoes
  • Vegetables and Fruits
  • Soups

Breakup by Material:

  • Plastics
  • Paper and Paperboards
  • Metals
  • Others

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023- 2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Services Private Limited.

134 N 4th St. Brooklyn, NY 11249, USA

Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Read more
Comments