Global Frozen Food Packaging Market Overview
Frozen food packaging could maintain its integrity over sealing, filling, freezing, transportation, storage, thawing, and sometimes cooking. More frozen foods are cooked using a device called a microwave oven, producers have progressed packaging that could go straight from the freezer to the device of the microwave. Revolutionary biodegradable plastic packaging for frozen food, preserving taste without harming the planet
The Frozen Food Packaging Market is anticipated to reach USD 45.6 billion by the year 2027 and register a CAGR of 5.8% throughout the forecast period of 2027.
The frozen food packaging market trend has been increasing rapidly owing to raised demand for frozen packaged food, and a retail system in rising economies of Asia -the Pacific. There is a huge dependency on frozen food packaged ready-to-consume comfort products to preserve time. This is sponsored by the rising urbanization, extended shelf-life of perishable products, and growth in investments by the sector of packaging firms in advanced freezing methods which have helped to increase frozen food packaging market growth.
COVID 19 Analysis
The pandemic outbreak impacts the financial status of all the sectors. The lockdown and curfew enforced by the administration of governments of almost all the regions across the globe. The manufacturing activities, production & distribution works, and supply chains were paused. The supply and manufacture of food and beverages along with supplies were allowed under severe conditions.
While the pandemic, people were forced to buy products, as a consequence of fear and inconstancy regarding the covid crisis. The food and beverage items, particularly frozen food products registered huge demand as these food products remain eatable for a longer time. Hence, as an output of the rise in requirement for frozen food packages.
Frozen Food Packaging Market Dynamics
Technological advancements which include enhanced packaging designs for the sake of store, promoting, and preserving the product that plays a key role in raising the demand for the frozen food packaging market throughout the forecast period.
Additionally, various value-added attributes including top notches, zippers, and the use of high-quality designs are further anticipated to boost the frozen food packaging market growth of the frozen food packaging sector. Moreover, increasing demand for the market trend of frozen food packaging material from various foodservice organizations is also expected to drive the frozen food packaging market growth.
Companies are embracing advanced products and are improving reliable packaging products with their physical properties which become them apt for various formats of frozen food packaging. The market growth of frozen food packaging industries has been raised by the enlarging use of plastic and paper in the food sector. The latest types of frozen food packaging plastics are anticipated to keep up the usage of these frozen food packaging products.
Small-sized vendors provide products for customized applications with low volumes. Panic of surrounding damage may create increased attention on biodegradable products and the transformation towards paper & paperboard-oriented frozen food packaging methods. Hence, market trends exist among packaging producers across the world.
The market restraints of the frozen food packaging sectors are existing even the same sectors demand is high. The heavy sodium content in frozen food products is guessed to decrease the demand for this production business. The increased choice for ordering hot food rather than frozen food is anticipated to lower the business sale of the frozen food packages.
Additionally, the high cost of frozen food packaging materials is expected to have a denying impact on the market growth and market trend of the international food packaging sectors.
Manufacturers are raising their investments in the development of great efficient packaging services as packaging cavort a considerable role in the market of frozen foods industries. Frozen food packaging services aid to protect the quality of food products and could also help to carry recorded details of appeasing and promotional information and labels.
Frozen food packaging services help to preserve spoilage and food dehydration and longer shelf life of frozen food products. Frozen food Packaging services for frozen food are to keep the food moisture, puncture-resistant, resistant, leak-proof, and reliable enough to oppose heavy drop weight. The frozen food packaging market is increasingly using plastic packaging owing to excellent stopper properties to preserve contents from physical factors like moisture, light, and oxygen. These limitations hurt the market size and market share of frozen food packaging solutions.
Cumulative growth analysis
The quick growth in urbanization and rapid-paced lifestyle has moved the preferences of customers towards the frozen food packaging market which need less time to cook the food rather than the cooked food traditionally. the market of frozen Food packaging market was at USD 33.5 billion in the year 2019 and is anticipated to reach USD 45.6 billion by the year 2027, and register a CAGR of 5.8% throughout the forecast period of 2027.
Raise in female participation in the production process of frozen food products and changes in family preference has raised the consumption of fresh frozen food, thus increasing the growth of the frozen food packaging market. Additionally, wide ready-to-eat consumers and inclination in acquiring power, in developing economies like China, India further enhances the frozen food products market. An increase in demand for innovative, attractive, and comfort-to-carry packaged food products for comparatively different from other products also awaited to increase the frozen food packaging market growth.
Value chain analysis
The majority of customers of frozen food materials prefer huge retail stores, hypermarkets, and supermarkets. Organized market stores are a considerable part of huge retail supply chains, that have a high presence in the international frozen food market. The raise in the efficient retail chain is expressing straight into the market demand for food packaging service in the frozen food sector.
For example, Walmart is anticipated to host more than 12,000 stores and an Amazon Go store. Amazon is another leading frozen food products market to open more than 4,000 stores by the year 2021. Thus, the frozen food packaging market is supposed to flourish.
Customers are also converting to frozen food to decrease the amount of lavish they create, as a survey in the British Food Journal exposed that families refuse their food lavish by over 49% by shifting to frozen food.
Frozen Food Packaging Market Segment overview
Based on Segments
- Packaging Type
Based on Packaging Type
- Tubs and Cups
- Other materials
Based on Application
Based on Region
- North America
- Other parts of the world
The global market regionally has been categorized into Europe, North America, Asia Pacific, South America, East Africa, and other parts of the world. The APAC is anticipated to be the rapid raising region in the frozen food market during the forecast period. Various factors including an increasing population, and growing disposable profits coupled with the presence of several major economies like India, and China among other countries are anticipated to fuel the market growth.
North America and Europe hold a major share in the international frozen food packaging market trend. Frozen food materials are broadly sold via various retail chains which include supermarkets, comfort stores, and others. The existence of a well-founded retail sector, particularly in various developed North American and European countries, is anticipated to trigger the demand for the frozen food products market thereby profiting the frozen food packaging market growth.
List of the key companies in the Frozen Food Packaging Market are:
May 2023: The European Commission approved the use of modified atmosphere packaging (MAP) for fresh and frozen fruits and vegetables. This is expected to boost the demand for MAP in the frozen food packaging market.
June 2023: The US Food and Drug Administration (FDA) approved the use of modified atmosphere packaging (MAP) for fresh-cut fruits and vegetables. This is expected to increase the shelf life of frozen fruits and vegetables and boost the demand for MAP packaging.
July 2023: The Chinese government announced a plan to reduce food waste by 50% by 2030. This is expected to drive the demand for innovative frozen food packaging solutions that can help to preserve food quality and prevent food waste.
August 2023: The Indian government launched a national program to promote the consumption of frozen foods. This is expected to create new opportunities for the frozen food packaging market in India.
This report has covered:
- Market overview
- COVID 19 Analysis
- Market dynamics
- Cumulative growth analysis
- Value chain analysis
- Segment overview
- Regional analysis
- Competitive landscape
- Recent developments
Frozen Food Packaging Market Segmentation Table:
Based on Segments:
- Packaging Type
Based on Packaging Type:
- Tubs and Cups
- Other materials
Based on Application:
- Poultry and Seafood
- Baked Products
- Fruits and Vegetables
Based on Region:
- North America
- Other parts of the world
| Market Size
|| USD 45.6 Billion by 2027
|| 5.8% 2027
| Base Year
| Forecast Period
|| 2022 to 2030
| Historical Data
|| 2019 & 2020
| Forecast Units
|| Value (USD Billion)
| Report Coverage
|| Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
| Segments Covered
|| Packaging Type, Application
| Geographies Covered
|| North America, Europe, Asia-Pacific, and Rest of the World (RoW)
| Key Vendors
|| Graphic Packaging International Inc., Ball Corporation, Printpack Inc., Leucadia National, Packaging Corporation of America, Sealed Air Corporation, WestRock Company, Amcor Ltd., Anchor Packaging, AEP Industries Inc., Crown Holdings, Genpack LLC, and Graham Packaging Company
| Key Market Opportunities
|| New product launches and R&D Amongst major key Players
| Key Market Drivers
||· Increase in investments by packaging companies · Increased demand for packaged food
Frequently Asked Questions (FAQ) :
The frozen food packaging market refers to the industry segment that focuses on creating packaging solutions specifically designed to store and protect frozen food products during storage, transportation, and display
The growth of the frozen food packaging market is driven by factors such as increasing demand for convenience foods, changing lifestyles, advancements in packaging technology, and the expansion of the frozen food industry
Challenges include preventing freezer burn, maintaining product texture and flavor, ensuring airtight seals, addressing environmental concerns related to packaging waste, and adhering to regulations on food safety and labeling
WestRock Company, Sealed Air Corporation, Anchor Packaging, Amcor Ltd., Crown Holdings, AEP Industries Inc., and Genpack LLC are some of the frozen food packaging suppliers listed by MRFR.
The frozen food packaging market in Asia Pacific is expected exhibit rapid growth due to increase in the demand for frozen food.
The Frozen Food Packaging Market is anticipated to reach USD 45.6 billion by the year 2027, and register a CAGR of 5.8% throughout the forecast period of 2027.
Key Questions Answered
Request Free Sample
- ✅Global Market Outlook
- ✅In-depth analysis of global and regional trends
- ✅Analyze and identify the major players in the market, their market share, key developments, etc.
- ✅To understand the capability of the major players based on products offered, financials, and strategies.
- ✅Identify disrupting products, companies, and trends.
- ✅To identify opportunities in the market.
- ✅Analyze the key challenges in the market.
- ✅Analyze the regional penetration of players, products, and services in the market.
- ✅Comparison of major players’ financial performance.
- ✅Evaluate strategies adopted by major players.
Why Choose Market Research Future?
Speak to Analyst
- ✅Vigorous research methodologies for specific market.
- ✅Knowledge partners across the globe
- ✅Large network of partner consultants.
- ✅Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- ✅Trusted by fortune 500 companies/startups/universities/organizations
- ✅Large database of 5000+ markets reports.
- ✅Effective and prompt pre- and post-sales support.