Frozen Food Packaging Market Is Booming Globally 2022-27 | Key Players: Amcor plc, Berry Global Inc, Cascades Inc
The global Frozen Food Packaging market reached a value of XX Billion US$ in 2021. IMARC Group expects the market to grow at a CAGR of XX% during the period 2022-2027.
SHERIDAN, WYOMING, USA, April 15, 2022 /EINPresswire.com/ — Frozen food products include vegetables, fruits, meats, seafood, etc., which are processed and kept at extremely cold temperatures to retain nutrients. These consumer goods are then packed in various packaging materials, such as sachets, jars, wrappers, bags, etc., to enable safer transportation. Frozen food packaging is an easily accessible, cost-effective, lightweight and economical solution. Therefore, it is widely used to preserve color, flavor, aroma and texture, thereby maintaining quality and ensuring longer shelf life of food.
Base year: 2021
Forecast year: 2022-2027
The Global Frozen Food Packaging Market reached a value of XX Billion US$ in 2021. Looking ahead, IMARC Group expects the market to grow at a CAGR of XX% during the period 2022 -2027.
Frozen Food Packaging Market Trends and Drivers:
The growing demand for ready-to-eat (RTE) meals is mainly driving the frozen food packaging market. Additionally, the increasing adoption of modern technologies to develop attractive, innovative and convenient-to-carry packaging solutions that effectively protect, store and extend the shelf life of frozen perishables is further catalyzing the growth of the market.
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In addition, the increasing use of plastic as a leading frozen food packaging material, due to its heat resistance and durable properties, acts as another important growth driver. Additionally, increasing investments in R&D activities for adding new features in packaging solutions including zippers and top notches are also positively influencing the global market.
Apart from this, the shifting inclination of consumers towards online retail and e-commerce distribution channels for purchases of daily necessities, due to the sudden onset of the COVID-19 pandemic. and the consequent implementation of mandatory lockdowns in all countries, is expected to fuel frozen foods. packaging market over the forecast period.
Note: We regularly track the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.
2022-2027 Global Frozen Food Packaging Market Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the major players operating in the market.
Amcor plc, Berry Global Inc., Cascades Inc., Crown Holdings Inc., Huhtamäki Oyj, ProAmpac, Sabert Corporation, Smurfit Kappa Group plc, Sonoco Products Company and WestRock Company.
The report has segmented the market based on region, type, product, and material.
Breakdown by type:
• Cups and jars
Breakdown by product:
• Cooked meals
• Meat and poultry
• Vegetables and fruits
Breakdown by material:
• Paper and cardboard
Breakdown by region:
• North America: (United States, Canada)
• Asia-Pacific: (China, Japan, India, South Korea, Australia, Indonesia, others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, others)
• Middle East and Africa
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Main highlights of the report:
• Market performance (2016-2021)
• Market Outlook (2022-2027)
• Porter’s five forces analysis
• Market drivers and success factors
• SWOT analysis
• Value chain
• Complete mapping of the competitive landscape
If you need specific information that is not currently covered in the report, we can provide it to you as part of the customization.
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IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.
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