Fresh Food Packaging Market Share, Trends & Growing Demand, CAGR of 3.6%, By Distribution Channel, And By Region, Forecasts To 2027 | Amcor Limited, Mondi PLC, DuPont, etc.

Research Reports

Jan 29, 2021

The extended shelf life of packaged food and the rising demand for convenience food drive the demand of the market.

Market Size – USD 77.00 Billion in 2019, Market Growth – CAGR of 3.6%, Market Trends –High prevalence of COVID-19 virus.

The global Fresh Food Packaging Market is forecast to reach USD 102.00 Billion by 2027, according to a new report by Reports and Data. The growing demand from developing markets will help the fresh food packaging Industry to maintain a steady growth rate over the forecast period. The rise in the family disposable incomes, along with the buyer power, will provide strength to the fresh food packaging Industry and help in its growth over the forecasted period.

The report is furnished with the latest market scenario pertaining to the COVID-19 pandemic and its after-effects on the Fresh Food Packagin industry and the key segments. The pandemic has disrupted the workflow of the industry and created financial difficulties. The report assesses the complete impact of the pandemic on the market and offers key insights into the market scenario along with trends and demands disruptions. The report also offers an outlook on the market scenario in the forecast timeline.

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Some of the players profiled in the report are Amcor Limited, Mondi PLC, DuPont, Smurti Kappa Group, Sonoco Products Co., International Paper Company, Coveris Holdings S.A., D.S. Smith PLC, Silgan Holdings Inc. WestRock Company, among others.

Further key findings from the report suggest

The Paper and Paper boards segment held a significant share in the market due to the paper’s convenience and decomposing property. The strict ban on plastics usage by the governments of some countries has led to an increase in the demand for paper bags. Consumers shift their preferences towards more affordable, favourable, and feasible packaging materials such as paper, textile woods, and glass. Companies are embracing more eco-friendly and bio-degradable packaging materials.
Consumers have become more aware of the nutritional value of seafood and meat products. Both the seafood and meat products are holding the largest share in the market compared to the other products.
The Asia Pacific has the highest adoption rate in the market. This is due to the increasing demand for packed fresh edible products in countries like China, Japan, Australia, India, and the availability of cheap raw materials.
The fresh food packaging Industry is adopting some wiser strategies to stay competitive in between the growing demand of fresh-packed edibles. Collaborations have been observed between prominent brands to increase their product portfolio and enter new markets. Companies adopt effective marketing and branding strategies to hold the position of the products in the competitive market.

The Global Fresh Food Packagin Market is segmented as follows:

Material Outlook (Revenue, USD Billion; 2017-2027)

Plastic
Paper & paper boards
Textile woods
Glass
Others

Packaging Type Outlook (Revenue, USD Billion; 2017-2027)

Flexible
Semi-rigid
Rigid

End Users Outlook (Revenue, USD Billion; 2017-2027)

Residential
Baker & Confectionary
Hotel, Restaurants and Food Chains
Others

Application Outlook (Revenue, USD Billion; 2017-2027)

Meat Products
Fruits
Vegetables
Seafood
Others

Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)

Online
Offline

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Market Segmentation by Regions:

North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Point Summary of the Report:

The global Fresh Food Packagin market research report is an investigative study offering key insights into the latest growth trends, developments, technological and product advancements, and the research and development scenario. The report also covers the market aspects that directly influence the growth of the market. These features include strategies undertaken by the prominent players, their expansion tactics, and the product portfolios of the companies, and micro and macro-economic factors.

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Key Coverage of the Fresh Food Packagin Market:

Insightful information regarding the global Fresh Food Packagin market
Identification of growth in various segments and sub-segments of the Fresh Food Packagin market
Strategic recommendations for investment opportunities
The report covers significant statistics related to the industry along with products, applications, price analysis, demand & supply, and production and consumptions rate
Emerging trends and current market segment analysis to help investors formulate new business strategies
Accelerates the decision-making process through the availability of the drivers and limitations

To summarize everything stated above, the report offers key insights into the Fresh Food Packagin market to allow the reader to gain a complete understanding of the Global Fresh Food Packagin Market through accurate estimations, a panoramic view of the market scenario, competitive landscape, factors influencing the growth of the market, driving factors, restraints, regulatory framework, growth prospects and opportunities, and factors propelling the market forward. The research study offers an in-depth view of the industry to offer a competitive edge to the reader and help them in formulating beneficial investment plans. The report provides a comprehensive overview of the market with facts relating to the past, present, and future of the Global Fresh Food Packagin Market.

Global Fresh Food Packagin Market: Table of Contents

Chapter 1. Market Synopsis

1.1. Market Definition

1.2. Research Scope & Premise

1.3. Methodology

1.4. Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2018-2026

Chapter 3. Indicative Metrics

Chapter 4. Fresh Food Packagin Market Segmentation & Impact Analysis

Continued……….

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