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Fresh Food Packaging Market Size, Share & Trends Analysis Report by Material (Polypropylene, Polyethylene, Paper, Aluminum), by Pack Type (Gusseted bags, Flexible paper, Corrugated box, Boxboard), by Application (Meat products, Vegetables, Seafood, Fruits), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)

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Fresh Food Packaging Market

Fresh Food Packaging Market Size, Share & Trends Analysis Report by Material (Polypropylene, Polyethylene, Paper, Aluminum), by Pack Type (Gusseted bags, Flexible paper, Corrugated box, Boxboard), by Application (Meat products, Vegetables, Seafood, Fruits), by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)

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Revenue Insights

Revenue 2021

USD 78.50 Billion

Revenue 2028

USD 95.93 Billion

CAGR Revenue

3.93%

Revenue 2024

USD 125.38 Billion

Revenue 2035

USD 191.5 Billion

CAGR Revenue History

3.4%

Largest Region

Asia Pacific

MSA Largest Region

39.6%

Fastest Region

Asia Pacific

Map Revenue

USD 49.65 Billion

Overview

Market Synopsis

Global Fresh Food Packaging Market is valued at USD 78.50 Billion in the year 2021 and is projected to reach a value of USD 95.93 Billion by the year 2028. The market is expected to grow at a Compound Annual Growth Rate (CAGR) of 3.93% over the forecast period.

Fresh Food Packaging is a method of protecting food from deterioration or spillage caused by physical, chemical, or biological sources in order to be stored for a longer period of time. Customers are increasingly interested in affordable, convenient, and sustainable packaging materials such as PET, paper, aluminium, and polyvinyl chloride, which are increasing the packaging rate of poultry and meat products, fruits and vegetables, and dairy products. Over the years, new packaging technologies such as active packaging, intelligent packaging, and engineering science have evolved, allowing for flexible packaging of fresh food products. Companies are using biodegradable packaging materials that can be recycled, renewed, and reused to create eco-friendly packaging. Furthermore, providing customers with convenience through innovative and convenient packaging has increased.

Increasing consumer awareness about health benefits associated with fresh food products, coupled with increasing disposable income, have contributed to the growth of the global Fresh Food Packaging Market. Furthermore, rising demand for convenience-oriented packaged food products among consumers has further fueled the growth of the global market. However, stringent regulations regarding the use of plastic materials in food packaging may hinder the growth of this market.






Market Segmentation:


The global Fresh Food Packaging Market is segmented by material, pack type, and application. Based on material, the target market is segregated into polypropylene, polyethylene, paper, aluminum, bopet, poly vinyl chloride, and others (glass, wood, and textiles). Based on the pack type, market is segmented as converted roll stock, gusseted bags, flexible paper, corrugated box, boxboard, cans, and others (stand-up pouches and wicketed bags). Based on the application, the market is bifurcated into meat products, vegetables, seafood, fruits, and others (dairy and poultry).


Polyethylene segments holds the largest market share in terms of revenue during the forecast period


Polyethylene is the most widely used material used for Fresh Food Packaging worldwide. Its lighter density, malleability, durability, stability, ease of processing, recyclability, and chemical resistance and moisture make it extensively utilized. It has leak-proof packaging, that means its doesn't allow water vapour to pass through it. It can also be heat sealed, which means that plastic can be wrapped around the food and sealed airtight. Recent technological breakthroughs in PE food packaging films demonstrate that food in such packages has a much longer shelf life. Polyethylene packing sheets' strong barrier qualities are critical for preserving product quality, texture, freshness, and nutrients. Milk, grocery, juice and meat products are two of the most common food items for which polyethylene packaging is utilised.

Paper accounted for the second material and is a feasible alternative to plastics. Customers are interested in recycled paper fiber-based solid packaging solutions such as trays and cartons as the usage of plastic in packaging is decreasing. For example, in March 2021, AR Packaging, a Sweden-based company launched an all-in-one barrier carton board tray for fresh fruits and vegetables, as well as herbs, mushrooms and seeds.




Converted roll stock segments holds the largest market share in terms of revenue during the forecast period


Converted roll stock is commonly used to make bags, pouches, and sachets, among several other things. Converted roll stock is created by combining raw materials such as polyesters, adhesives, silicone, tapes, plastics, rubbers, liners, and metals. The roll materials vary in size and weight depending on the product. The most prevalent pack type used in Fresh Food Packaging is converted roll stock. When compared to other packaging processes, it provides a speedier packaging process since more packages are created per minute using roll stock on a form-fill-seal machine. Converted roll stock lowers packing costs due to form-fill-seal equipment that produce bags in line and reduce waste.




Meat products segments dominates the market share in the forecast period


Meat products holds the largest share in the market owing to rise in demand of fresh meat asit is rich in protein. Meat products are protected by packaging during manufacturing, storage, and distribution. The goal of any fresh meat food packaging technique is to prevent or delay unfavorable changes in appearance, flavour, aroma, and texture. If the aforementioned standard is not satisfied, consumers may reject the product. As a result, a new technical solution named 'Active and Intelligent packaging' is launched to the market, which better controls contamination and protects food quality. Converted roll stock is the most common pack form in beef products since it can be any shape or size.

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The Asia Pacific



region dominated the Fresh Food Packaging Market during the forecast period


Asia Pacific region holds the largest share of global market due to increasing demand for packaged foods across the globe. This can be attributed to the high per capita income levels in countries like China and India, which are major producers of fresh food products. Moreover, the government initiatives taken in these regions to promote the production of fresh food products have helped boost their popularity. In addition, the increasing population and urbanization trends in emerging economies such as China and India are likely to drive the growth of the market. China has emerged as the fastest-growing market owing to its rising disposable income coupled with changing lifestyles.




Competitive Landscape


Some of the major key players in the Global Fresh Food Packaging Market are {{Players}}.




Segmentation of the Global Fresh Food Packaging Market:


North America to continue dominating market

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It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using 'Content here, content here', making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for 'lorem ipsum' will uncover many web sites still in their infancy. Various versions have evolved over the years, sometimes by accident, sometimes on purpose (injected humour and the like).

Market Segmentation

ParameterDetails
Material
  • Polypropylene
  • Polyethylene
  • Paper
  • Aluminum
  • BOPET
  • Poly Vinyl Chloride
  • Others
Pack Type
  • Gusseted bags
  • Flexible paper
  • Corrugated box
  • Boxboard
  • Cans
  • Others
Application
  • Meat products (28.2%)
  • Vegetables (31.8%)
  • Seafood (21.8%)
  • Fruits (15.5%)
  • Others (4.5%)
Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Historical & Forecast Data

Base Year

2023

Historic Year

2018 - 2022

Forecast Year

2023 - 2032

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