The growing urbanization and fast paced lifestyle means less time for cooking a traditional home cooked meal. In addition, the number of females going out for jobs has increased the dependency on readymade and convenience food. All these factors have led to the rise in demand for frozen food which further accelerated the growth in frozen food packaging market.
Frozen foods are preferred over fresh foods, as it can be stored for longer periods and also can be prepared in very less time. The packaging for frozen food also increases the shelf life of the product and maintains the nutrition value for the food items. One of the reasons for the growth in the frozen food packaging market is that the packaging has become an important factor in the food industry and the continuous innovation and development in the packaging of food items attracts the customer and hence drives the overall growth in the frozen food market.
Global Frozen Food
Packaging Market
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Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2017 – 2027
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The most important factor which has accelerated the growth of frozen food packaging market is the growth
in the demand for frozen food. The global frozen food market is expected to grow at a CAGR of around 4%
during the forecast period of 2016- 2024. Some of the factors which have fueled this growth are dynamic
lifestyle, urbanization, changing food habits, increasing disposable income, increase interest in international
foods, increase in number of nuclear families and easy availability of products due to rise in number of retail
chains. Furthermore, the increase in investments for innovative packaging and development of new features
Report Description
Introduction:
The growing urbanization and fast paced lifestyle means less time for cooking a traditional home cooked
meal. In addition, the number of females going out for jobs has increased the dependency on readymade
and convenience food. All these factors have led to the rise in demand for frozen food which further
accelerated the growth in frozen food packaging market.
Frozen foods are preferred over fresh foods, as it can be stored for longer periods and also can be prepared
in very less time. The packaging for frozen food also increases the shelf life of the product and maintains the
nutrition value for the food items. One of the reasons for the growth in the frozen food packaging market is
that the packaging has become an important factor in the food industry and the continuous innovation and
development in the packaging of food items attracts the customer and hence drives the overall growth in the
frozen food market.
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Frozen Food Packaging Market Dynamics:
Report Description
in the existing products by the vendors drives the growth in the frozen food packaging market. Some of the
innovating packaging trends like tear notch, hanging holes, sealable zippers, single serve packaging further
drives the demand for frozen food packaging market.
Even though the frozen food packaging market looks attractive, there are certain factors that can offset this
growth. One of the factor that acts as a restraint in the frozen food packaging market is that, there is a
section of population that remain resistant to the use frozen food as they believe it is unhealthy and less
tasty.
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Frozen Food Packaging Market- Regional Outlook:
Geographically, the frozen food packaging market can be segmented into North America, Latin America,
Europe, Asia-Pacific (APAC) and Middle East & Africa (MEA). The global frozen food packaging market is
projected to grow at a CAGR of around 5% during the forecast period (2016 -2024). North America and
Europe are expected to witness a healthy growth in the frozen food packaging market due to high demand in
packaged food and frozen food market. However, Asia Pacific is expected to grow at the fastest rate, largely
due to the developing economies like India and China where the demand for frozen food is on rise as more
hypermarkets and supermarkets are coming up and also due to rising urbanization in these regions.
Additionally, MEA is also expected to witness an above average growth in frozen food packaging market due
growing retail network in the region.
Report Description
Frozen Food Packaging Market- Key Players:
Some of the leading players identified across the globe in the frozen food packaging market are: Printpack,
Inc., Amcor Ltd, Crown Holdings, Inc., Ball Corporation, Pactiv LLC, Bemis Company, Inc., Sealed Air
Corporation, WestRock Company, Graphic Packaging International, Inc, FLAIR Flexible Packaging Corporation,
International Paper Company and Huhtamaki N.A.
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