The global fresh food packaging market size was estimated at USD 122 billion in 2022 and is expected to hit around USD 174.6 billion by 2032, growing at a compound annual growth rate (CAGR) of 3.7% from 2023 to 2032.
Key Takeaways:
Plastic resins like the polypropylene, Poly vinyl chloride, polystyrene and polyethylene are used for packaging these products. These plastic resins are produced from crude oil. Other materials like aluminum, steel and glass are energy intensive materials and these materials are also used for packaging. Due to a continuous fluctuation in the crude oil prices across the globe there is an increased uncertainty about the availability of raw material at economical or lower prices. This creates a challenge for the fresh food packaging market. There are many regulatory bodies and government that are focusing to curb the humongous amount of plastic waste which is generated due to the use of plastic for packaging. These government regulatory bodies or continuously emphasizing on the importance about reusability of packaging products and improving the recycling activities which will help in reducing the pollution. The plastic material poses a major challenge for the growth of this market. It can be substituted with paperboard, paper, Poly lactic acid.
Growth Factors
Increasing demand for organic fresh food products like vegetables, fruits and dairy among the health-conscious consumers is expected to have a positive effect on the market during the forecast period. Ever increasing food service operators and the retail chains in the North American region and the European region or planning to switch from plastic packaging to sustainable solution in order to attract consumers. Environment conscious consumers will be attracted to these operators. These factors are expected to drive the demand for ecofriendly and fresh food packaging.
The US is one of the largest markets for packaging products. it is the largest manufacturer and exporter for the application in industries like dairy products, meat and eggs. Increasing the disposable income and awareness among the buyers over packed food is driving the market.
Fresh food packaging is useful to preserve the food from various changes which could be chemical, physical or biological. It helps in providing longer storage of these food products. It is convenient, cost effective and reliable packaging industry which uses various materials. Intelligent packaging, advanced packaging technologies and active packaging have emerged across the years.
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 |
| Companies Mentioned | 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, Genpak, LLC, Pro-Pac Packaging Limited, WINPAK LTD |
Segments Insight
Packaging Type Insights
On the basis of the packaging type, the rigid fresh food packaging segment has emerged as the largest segment in the recent years in terms of revenues. It is expected to grow well during the forecast period. Rigid solutions are capable of providing stronger support to the goods that are packed which have barrier walls and forms a base. Products that are packed with the use of rigid type of packaging or extremely convenient for shipping from one place to another without causing any damage to the content. As the packaging is extremely sturdy the contents of the package remain intact. Due to their sturdy nature these packs can be stacked in the warehouses when in transit. They can also be stacked in order to display in the retail stores. They help in reducing the damage caused during transportation and during handling. This type of packaging is extremely useful for vegetables fruits and eggs.
Apart from the rigid fresh food packaging segment the flexible fresh food packaging segment is also expected to witness a good rate of growth during the forecast period. Flexible packages include pouches, stretch film, shrink film which are extremely convenient in handling. These pouches are lightweight and easy to carry around. They occupy extremely less space as they are compact and can be used in warehouses as well as retail stores.
Material Insights
The plastic material segment dominated the market in recent years and it is expected to grow abundantly during the forecast period. The use of plastic in packaging provides extremely efficient moisture barrier to the contents of the package. There is a great demand for transparent containers as they helped end users to identify the contents of the box. It also helps in checking product quality.
Apart from the plastic segment the paper and paperboard segment is the second largest material segment. It is a sustainable alternative for plastics and it should see a good amount of growth during the forecast period. The use of rigid packaging solutions which are recyclable paper fiber based like the boxes and the trays are in great demand from the customers due to the reduced use of plastic.
Application Insights
On the basis of application, the dairy products segment has dominated the food packaging market in the year 2021. The dairy and dairy product segment is expected to have the largest market share during the forecast period. Milk is extremely perishable and the storage and transportation of the fresh produce enclosed and extremely high cost as it requires safe handling. It also needs to be protected from the external impact. Many market players are developing new products to cater to various consumer demands.
Apart from the dairy segment of fruit and vegetable segment is also expected to have a good growth in terms of revenue terms of revenue. They increased preference of consumers to vegan diet and increasing demand for plant based nutrients is expected to helping the growth of the fruits and vegetables segment. Seafood eggs segment is driven by the consumption of these products. The players operating in developing as well as the developed nations Ottawa working on developing innovative solutions which will based raw materials and efficient oxygen barriers.
Fresh Food Packaging Market Share, By Region, 2022 (%)
| Regions | Revenuie Share in 2022 (%) |
| North America | 15% |
| Asia Pacific | 50% |
| Europe | 26% |
| Latin America | 5% |
| MEA | 4% |
Regional Insights
The Asia Pacific region has dominated the market for fresh food packaging and it shall dominate the market in the coming years. The North American region has many fast-growing economies like China, India, Japan and South Korea. A large number of consumer base in these countries is responsible for the increase in demand for these fresh food products. The Asia Pacific region was the largest producer of plastics in the global market and it had about 50% revenue share in the year 2021. Increased focus on reducing plastics in the food and beverages industry is leading to a growth in the US and Canada region
Key Market Developments
Segments Covered in the Report
(Note*: We offer report based on sub segments as well. Kindly, let us know if you are interested)
By Packaging Type
By Material
By Pack Type
By Application
By Geography
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