Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.
The global market for fresh food packaging is driven by the increasing importance of healthy eating habits among consumers. With individuals making healthy food choices, there has been a rising focus on increasing the shelf life of food products. The increasing demand for fresh-packaged seafood owing to the nutritional benefits offered by these products, such as omega-3, vitamin A and K, and others, is supporting the product demand in the seafood market. Premium packaged seafood reduces the risk of contamination in such food items and guarantees improved freshness and quality. Additionally, the emergence of e-commerce and the rising inclination towards home deliveries are favouring the market growth of fresh food packaging.
The rising environmental consciousness and the awareness about the harmful impacts of plastic packaging on human health are resulting in the wide adoption of novel packaging methods like corrugated boxes to deliver fresh foods. The introduction of favourable government policies worldwide to promote sustainable packaging and food safety is anticipated to aid the market growth over the forecast period. In May 2022, Tetra Pak introduced an innovative fibre-based material to substitute the aluminium layer in order to develop a fully renewable aseptic package. The company aims to reduce the carbon footprint and make the post-consumer cartons attractive for recyclers as they favour aluminium-free cartons. Meanwhile, in December 2020, Amcor Plc (NYSE: AMCR) launched Eco-Tite® R, the first recyclable shrink bag for fresh and processed meat, some cheeses, and poultry to provide consumers with the benefits of longer-lasting food while promoting sustainability. Eco-Tite® R is produced to increase the shelf-life of the food, maintain food safety, and promote recyclability in existing polyethylene (PE) plastic recycling streams. The food packaged with Eco-Tite® R can be stored in refrigerators and other cool environments, offering an alternative to PVDC packaging for European markets.
In terms of region, the Asia Pacific is likely to account for a significant share of the market, owing to the thriving food and beverage sector and a high population base in countries like India and China. The market in the region is anticipated to be augmented by the expanding retail channels fuelled by rapid urbanisation. Moreover, the anticipated growth in the consumption of fresh fruits and vegetables due to the increasing health awareness and the growing trends of vegetarianism and veganism is likely to bode well for the growth of the market.
Market Breakup by Material, Packaging Type, Application, and Region:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the global fresh food packaging market are Amcor Plc, Tetra Pak, Berry Global Inc., Mondi plc., and Smurfit Kappa Group, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.