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