Fresh Food Packaging Market

Analysts at GMI Research estimates that the Fresh Food Packaging Market was worth USD 93.2 billion in 2022, and forecast to touch USD 126.6 billion in 2030, growing at a CAGR of 3.9% from 2023-2030.

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Major Fresh Food Packaging Market Drivers

The key drivers of the global fresh food packaging market include enhanced packaging solutions, rapid industrialization, and urbanization, an increase in consumption of ready-to-eat food, growth in per capita income, and a developing trend of eating green and healthy diets. The long duration between packaging and reaching consumers globally poses a challenge for packaged food items, probably resulting to a loss of freshness aroma, and taste before consumption. The increasing threat of food spoilage during transit increases the risk of capital loss invested in the packaging procedure. To address this challenge, food processing industries are actively investing in technologies and adopting innovative packaging approaches like flexible packaging for fresh food, engineering science, and intelligent packaging. These strategies focus on extending the shelf life of products and decreasing the risk of spoilage during transit. Growing health consciousness and awareness of consuming fresh food are motivating consumers to choose packaged products with extended shelf life. This trend has led to an increased demand for products with enhanced shelf life, contributing to market growth, specifically in countries such as the United States.

Consumer preference for convenience food items such as vegetable trays, chopped vegetable bags, salad bags, single-serve salad packaging, and fresh herbs packs is witnessing a surge, driven by rise in a healthier lifestyle and the strong buying power of consumers coupled with high per capita income. The surge in demand for convenience food is also attributed to the rapidly paced lifestyle witnessed in emerging economies and demographic factors, including single parents and working-class females, play a significant role in driving the demand for convenient food choices. The surging demand for convenience food products is driven by consumers’ inclination to purchase off-the-shelf foods, specifically in developing markets such as MENA and BRICS. This growing necessity for convenience food products is a major key factor for the fresh food packaging market globally.

A growing preference for health-related concerns is leading consumers to embrace healthier dietary choices. Individuals are becoming increasingly mindful of their health, focusing on nutritional content and the quality of products they consume. Thereby, customers are transitioning towards fresh food item consumption, supporting an estimated rise in demand for fresh food packaging in the forecast period. Consumers’ hectic lifestyles have increased consumption of ready-to-eat food items. As a result, there is a preference for easily accessible and sustainable food packaging products. This shift is also predicted to lead to the demand for fresh food packaging materials. Manufacturers are investing significantly to develop and generate new and innovative packaging solutions which will probably result in market growth opportunities in the forecast period. For instance, Nestle successfully announced an initiative globally to use 100% reusable or recyclable food packaging by 2025.

Although the global market of fresh food packaging is observing a robust growth. Meanwhile, the fresh food packaging market faces challenges from the growing prevalence of counterfeit packaging and products, coupled with concerns about producers’ waste disposal practices during production and packaging. The government regulations addressing these issues have become a significant challenge for the industry. Additionally, the market’s growth is restrained by the substantial market share captured by cheap local products and their supply, functioning as a restraint during the forecast period. Moreover, shifts in regulatory regimes and operational tax affairs in different countries are predicted to harm the fresh food packaging trends in the market. Furthermore, the governments of developing economies have implemented stringent regulations concerning the use of plastic. Consequently, the usage of plastic materials in fresh food packaging is predicted to present a significant challenge to market growth in the coming years.

Whereas, modern-day food packaging offers comprehensive protection against tampering, biological safety for the food, and resistance to counterfeiting. Numerous innovations have been introduced in packaging across the food industry to ensure extended shelf-life and elevated safety standards. Innovations in packaging are earning the trust of urban consumers by delivering detailed information about food, including ingredients and other relevant variables, confirming customer satisfaction. The rise of nanotechnology is minimizing food spoilage, developing the lifespan of products, developing customer health, and even enabling repairs of torn packaging. This technological advancement is predicted to foster increased demand for fresh food packaging in the forecast period.

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Dairy Product Segment accounted for the largest CAGR of global fresh food packaging market by application in the forecast period

The dairy product segment registered the largest market share. Consumption of milk and dairy products is predicted to make a considerable contribution to the global fresh food packaging market growth. OECD-FAO Agricultural Outlook 2018-2027 on dairy products and dairy stated that fresh dairy items held the largest revenue share of consumption of milk and dairy products registering for half of the total percentage of total milk production globally.

By packaging type, converted roll stock held the largest revenue share in the global fresh food packaging market 

Converted roll stock, crafted from materials such as adhesives, plastics, metals, liners, rubbers, tapes, silicone, and polyesters, is extensively employed in the production of bags, sachets, and pouches, among several others. These materials available in different sizes and weights, are personalized to address specific product demands. In fresh food packaging, converted roll stock stands out as the most common packaging type. Its usage in a form-fill-seal machine allows a faster packaging procedure, introducing more packages per minute compared to alternative packaging methods. The use of converted roll stock not only speeds up the packaging procedure but also contributes to cost reduction, because of form-fill-seal machines that create bags continuously, and decreasing waste. Additionally, it proves appropriate for aseptic processing offering easier sterilization through a peroxide bath.

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Asia Pacific region registered the largest CAGR in the global market by region 

Asia Pacific region held the largest market share in global fresh food packaging due to significant growth in urbanization, industrialization, and population, coupled with a considerable rise in disposable income of consumers with changed standards of living. Market players in APAC fresh food packaging market are actively investing in different research and development activities which further present a positive market growth. Also, the new market players across the region are leveraging innovations in technology resulting in new product development and procuring a competitive benefit. These firms are continuously spending on research and development activities to address fluctuating customer preferences and end-use industry requirements. Giant players in the Asia Pacific market have reinforced their reputations and foothold across the market and support further expansion of the fresh food packaging market.

Top Market Players

Various notable players operating in the global surgical robots market include Amcor PLC, E. I. du Pont de Nemours and Company, Smurfit Kappa Group, Mondi PLC, International Paper Company, Sonoco Products Co., Schur Flexibles Group, Anchor Packaging Inc., ITC Limited, Coveris, DS Smith Plc among others.

Key Developments

• • In 2023, Amcor acquired Moda Systems to propose end packaging solution that encompasses on-site technical service, equipment, primary packaging, and parts.
  • In 2021, AR Packaging successfully introduced a new barrier carton board tray to expand its portfolio.
  • In 2020, Amcor joined hands with Moda to solve the challenges of packaging, and delivering valuable goods and services to customers.
  • In 2019, West Coast Paper Mills announced an agreement of share purchase of nearly 51-60% stake in NYSE-listed International Paper’s Indian unit, International Paper APPM Ltd.
  • In 2019, Amcor acquired Bemis Company to strengthen its portfolio in the market and generate high worth for shareholders.

Segments covered in the Report:

The Fresh Food Packaging Market has been segmented on the basis of Type of Material, Packaging Type and Application. Based on the Type of Material, the market is segmented into Plastic, Metal, Glass, Paper and Paperboard. The Plastic segment is further segmented into Polypropylene, Polyethylene & Polystyrene, based on the Packaging Type, the market is segmented into Cans, Converted Roll Stock, Gusseted Box, Corrugated Box, Boxboard & Other Packaging Types. Based on the Application the market is segmented into Poultry and Meat Products, Dairy Products, Vegetables and Fruits, Seafood, Other Applications

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Report Coverage	Details
Market Revenues (2022)	USD 93.2 billion
Market Base Year	2022
Market Forecast Period	2023-2030
Base Year & Forecast Units	Revenues (USD billion)
Market Segment	By Plastic, By Packaging Type, By Application, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Amcor PLC, E. I. du Pont de Nemours and Company, Smurfit Kappa Group, Mondi PLC, International Paper Company, Sonoco Products Co., Schur Flexibles Group, Anchor Packaging Inc., ITC Limited, Coveris, DS Smith Plc., among others; a total of 9 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Fresh Food Packaging Market By Plastic

• • • Polypropylene
    • Polyethylene
    • Polystyrene
  • Metal
  • Glass
  • Paper and Paperboard

Global Fresh Food Packaging Market By Packaging Type

• • Cans
  • Converted Roll Stock
  • Gusseted Box
  • Corrugated Box
  • Boxboard
  • Other Packaging Types

Global Fresh Food Packaging Market By Application

• • Poultry and Meat Products
  • Dairy Products
  • Vegetables and Fruits
  • Seafood
  • Other Applications

Global Fresh Food Packaging Market by Region

• • North America Fresh Food Packaging Market (Option 1: As a part of the free 25% customization)

    • By Plastic
    • By Packaging Type
    • By Application
    • US Market All-Up
    • Canada Market All-Up

  • Europe Global Fresh Food Packaging Market (Option 2: As a part of the free 25% customization)

    • By Plastic
    • By Packaging Type
    • By Application
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up

  • Asia-Pacific Global Fresh Food Packaging Market (Option 3: As a part of the free 25% customization)

    • By Plastic
    • By Packaging Type
    • By Application
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up

  • RoW Global Fresh Food Packaging Market (Option 4: As a part of the free 25% customization)

    • By Plastic
    • By Packaging Type
    • By Application
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Major Players Operating the Fresh Food Packaging Market (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Amcor PLC
  • du Pont de Nemours and Company
  • Smurfit Kappa Group
  • Mondi PLC
  • International Paper Company
  • Sonoco Products Co.
  • Schur Flexibles Group
  • Anchor Packaging Inc.
  • ITC Limited
  • Coveris
  • DS Smith Plc