The global frozenfood packaging market size was valued at USD 10.84 billion in 2023. The marketis projected to grow from USD 11.38 billion in 2024 to USD 17.20 billion by 2032,
exhibiting a CAGR of 5.16% during the forecast period.
Frozen food packaging isutilized to preserve the food products from their preparation to consumption.
The growing adoption of automated packaging to improve the efficiency of
packaging systems is driving market expansion. Frozen food packaging raises the
shelf life of perishable products, and the increasing investment in freezing
methods in the packaging industry drives market expansion.
FortuneBusiness Insights™ mentions this in a report titled, “Frozen Food Packaging Market, 2024-2032.”
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Segments
Plastic Segment Dominates the Market Due to itsCost-Effectiveness and Versatility
Bymaterial, the market is segmented into plastic, paper & paperboard, aluminium,
and others. The plastic segment accounts for the largest frozen food packaging
market share owing to the large prominence of plastic due to its versatility and
cost-effectiveness.
Meat,Poultry & Seafood Segment to Dominate the Market Owing to Growing Use in
Meat Packaging
Based on food type, the market issegmented into fruits & vegetables, ready-to-eat products, dairy products,
meat, poultry & seafood, bakery & confection, and others. In terms of
market share, the meat, poultry & seafood dominate the market.
Report Coverage
The report provides major growthdrivers, restraining factors, opportunities, and potential challenges for the market.
It offers comprehensive insights into regional developments, a list of major
industry players, key strategies adopted by market players, and the latest
industry developments, including product launches, partnerships, mergers, and
acquisitions.
Drivers & Restraints
Rising Demand for Sustainable and Eco-Friendly PackagingMaterials to Propel Market Growth
The risingdemand for sustainable and eco-friendly packaging materials delivers
opportunities as consumers become more concerned about the environment, and
seeking packaging solutions drives the frozen food packaging market growth. The
increasing shift of consumers to frozen food products packaged in eco-friendly
materials decreases their contribution to landfill and plastic waste pollution
to propel market expansion.
