The demand for nutrient-dense, clean-label fresh food products is driving the market for fresh food packaging. The elements anticipated to encourage industrial expansion include the broad availability of packaged goods and the rising disposable income of the developing middle class. Additionally, it is projected that expanding distribution networks and urbanization would fuel market growth. The rising trend of health and wellness is expected to cause the market to expand over the course of the projected period. The fresh food packaging business will benefit as customer demand for higher food quality and longer shelf lives rises.
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The market for fresh food packaging is now valued at US$ 150 billion and is anticipated to grow to US$ 245 billion by 2032. Through 2032, it is anticipated that the use of polyethylene packaging would increase at a CAGR of 5.6%. The high barrier properties of polyethylene packaging films are crucial for maintaining the food product’s nutritional value, quality, and structure.
Key Companies Profiled
- COVERIS
- Pactiv
- Amcor
- Bemis Company
- Sealed Air
- Smurfit Kappa Group
- Anchor Packaging
- BALL
- Berry Plastics Group
- Interflex Group
- International Paper
- Leucadia National
- LINPAC Packaging
- Reynolds
- Sonoco Products Company
- WestRock Company
The most common material used to package fresh foods is polyethylene. Because of its lightweight, flexibility, strength, durability, recyclability, resistance to chemicals, and moisture resistance, it is widely employed. It offers packaging that is resistant to leaks, preventing the passage of water vapor.
Additionally, it is possible to heat seal it, enabling the food to be wrapped in plastic and given an airtight seal. Recent improvements in PE food packaging films indicate that food stored in such containers has a much longer shelf life. Among the most common food items for which polyethylene packaging is utilized are milk, juice, groceries, and meat products.
Key Segments of Fresh Food Packaging Industry Research
- By Material :
- Polypropylene
- Polyethylene
- Paper
- Aluminum
- Others
- By Packaging Type :
- Rigid Packaging
- Flexible Packaging
- By Application :
- Meat & Seafood
- Fruits & Vegetables
- Dairy Products
- Others
- By Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa