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Home›Packaging News›Frozen Food Packaging Market Size is Expected to Reach USD 60.58 Billion in 2028

Frozen Food Packaging Market Size is Expected to Reach USD 60.58 Billion in 2028

By admin
March 12, 2022
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Reports and data

Technological advancements in the packaging industry are driving flexible packaging manufacturers to improve packaging design.

NEW YORK, NEW YORK, USA, March 12, 2022 /EINPresswire.com/ — The global frozen food packaging market size is expected to reach USD 60.58 billion in 2028 and register a CAGR of 5.5% over the period forecast, according to the latest report from Reports and Data. The rapid revenue growth of the global food packaging market can be attributed to the shift in consumer preference towards ready meals and ready-to-eat food products. Rising world population, increasing disposable income and improving living standards of consumers in developing countries are factors that contribute significantly to the increase in demand for frozen foods, which which is driving rapid demand for frozen food packaging solutions and materials.

Manufacturers are increasingly investing in developing more efficient packaging solutions, as packaging plays an important role in the frozen food industry. Frozen food packaging solutions help protect the integrity of food products and can also be used to contain printed content information, promotional messages and labels. Frozen food packaging solutions help prevent spoilage and dehydration of food contents and extend the shelf life of food products. Packaging solutions for frozen foods are moisture-proof, puncture-proof, leak-proof and durable enough to withstand heavy weight drops.

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Key Players Assessed in the Report:

ProAmpac LLC, Sonoco Products Company, American Packaging Corporation, Amcor plc, Berry Global, Inc., Cascades Inc., Sealed Air Corporation, Smurfit Kappa Group, Sabert Corporation and WestRock Company.

Some highlights of the report

In June 2020, American Packaging Corporation launched a new cold seal packaging. The company provides flexible packaging solutions for frozen foods, dry foods and mixes, dairy and confectionery applications. The company’s new high-barrier cold-seal flux chain packaging can be used for in-store recycling fluxes.

The bag segment is expected to account for the largest revenue share of the global frozen food packaging market over the forecast period owing to its wide usage for packaging frozen food products including fruits and vegetables, meat, poultry and seafood.

The plastics segment is expected to record robust revenue growth over the forecast period. Manufacturers of frozen food packaging are increasingly using plastic because it does not interact with food and can easily be incorporated into packaging technology.

The meat, poultry and seafood segment is expected to account for a robust revenue share in the global frozen food packaging market owing to the growing demand for high protein food products among an increasing number of health-conscious consumers.

The frozen food packaging market in Europe is expected to account for the largest revenue share during the forecast period. Rising demand for frozen food products in the region owing to active lifestyles and high consumer spending power is expected to drive the growth of the frozen food packaging market in the region.

The major market players are ProAmpac LLC, Sonoco Products Company, American Packaging Corporation, Amcor plc, Berry Global, Inc., Cascades Inc., Sealed Air Corporation, Smurfit Kappa Group, Sabert Corporation, and WestRock Company.
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What questions does the Frozen Food Packaging market report answer regarding the regional scope of the industry?

The report claims to split the regional scope of Frozen Food Packaging market into North America, Europe, Asia-Pacific, South America and Middle East & Africa. Which of these regions has been touted to amass the largest market share over the projected duration?

What do the sales figures look like now, what does the sales scenario look like in the future?

Considering the current scenario, how much revenue will each region achieve by the end of the forecast period?

What is the market share that each of these regions has currently accumulated?

What is the growth rate that each topography will represent on the predicted timeline?

Browse TOC with facts and figures https://www.reportsanddata.com/report-detail/frozen-food-packaging-market/toc

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Reports and Data is a market research and consulting firm that provides syndicated research reports, custom research reports and consulting services. Our solutions are uniquely focused on your goal of locating, targeting and analyzing changes in consumer behavior across demographics, across industries and helping customers make a smarter business decision. We offer market intelligence research ensuring relevant, fact-based research across multiple sectors including healthcare, technology, chemicals, power and energy. We are constantly updating our search offerings to ensure that our clients are aware of the latest trends existing in the market.

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March 12, 2022, 11:15 p.m. GMT


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