Frozen Food Packaging Market Size to Reach USD 64.5 Billion by 2032 growing at 5.1% CAGR - Exclusive Report by Acumen Research and Consulting
Frozen Food Packaging market, valued at USD 41.8 Billion in 2023, is projected to surpass USD 64.5 Billion by 2032, indicating a robust CAGR of 5.1%
Frozen food packaging refers to the materials and processes used to keep frozen foods safe throughout storage, transit, and distribution. It helps to preserve food freshness, texture, flavor, and nutritional content by minimizing freezer burn, moisture loss, and contamination. Bags, pouches, trays, cartons, and vacuum-sealed containers engineered to endure low temperatures are among the most common packing kinds.
Thinkink Packaging, a world leader in innovative packaging solutions, will launch its latest offering, Custom Frozen Food Boxes, in August 2024. These boxes, created to fulfill the growing demand for sustainable and long-lasting packaging in the frozen food business, seamlessly combine functionality, high-quality materials, and environmental responsibility. The introduction of frozen food boxes is expected to drive growth in the frozen food packaging market by meeting an increasing need for environmentally friendly and high-quality packaging solutions.
Frozen Food Packaging Market Statistics
- The global frozen food packaging market earned USD 41.8 billion in 2023 and is predicted to rise at a robust CAGR of more than 5.1% between 2024 and 2032
- In 2023, Europe led the market with USD 15.47 billion in revenue
- North America is expected to rise at a CAGR of 5.8%
- In 2023, plastic dominated the market with 59% share
- A discernible trend in the frozen food packaging market is increased adoption of personalized and visually appealing packaging to attract consumers
Frozen Food Packaging Market Dynamics
Advancements in Packaging Technologies, Including Sustainable and Smart Packaging Fuels the Frozen Food Packaging Market Value
Advances in packaging technology, particularly in sustainable and smart packaging, are driving the frozen food packaging market. Sustainable packaging materials, such as biodegradable plastics and paper-based alternatives, are gaining popularity as environmental concerns and regulations tighten. Smart packaging, which includes temperature-sensitive labeling and RFID tracking, adds to food quality and safety by monitoring storage conditions. These improvements extend shelf life, reduce food waste, and improve consumer convenience. Furthermore, the rise of e-commerce and direct-to-consumer frozen food deliveries has boosted the demand for long-lasting and effective packaging solutions, which will help the industry grow even further.
Growing Adoption of Modified Atmosphere and Vacuum Packaging for Extended Shelf Life Offer Significant Frozen Food Packaging Market Opportunity
The rising usage of modified atmosphere packaging (MAP) and vacuum packing presents a substantial opportunity for the frozen food packaging market by extending product shelf life and quality. The MAP technology replaces oxygen with a regulated gas combination, reducing microbial growth and oxidation while preserving food freshness. Vacuum packaging eliminates air from the package, which prevents freezer burn and spoilage while preserving texture and flavor. These creative packaging options respond to the increased demand for high-quality frozen dinners, meat, seafood, and ready-to-eat goods. With the growth of e-commerce and worldwide food exports, there is an increased demand for efficient packaging that assures long shelf life and safe travel. Furthermore, food safety regulations and customer desire for preservative-free frozen meals are pushing adoption. As firms engage in innovative packaging technologies, MAP and vacuum packaging have the potential to change the frozen food market.
Frozen Food Packaging Market Segmentation
The global market for frozen food packaging has been segmented into material type, packaging type, application, and region.
- Material type is classified into plastic, paper & paperboard, metal, glass, and others
- Packaging type are divided into boxes, wrappers, bags and pouches, tubs and cups, trays, container, and other
- Application are categorized into fruits and vegetables, frozen desserts, meat and seafood, baked products, ready meals, and others
- The frozen food packaging market is geographically split into Europe, North America, Latin America, APAC, and the Middle East and Africa
Frozen Food Packaging Market Regional Outlook
In terms of frozen food packaging market analysis, Europe dominates the frozen food packaging industry due to strong consumer demand for convenience meals, a well-established cold chain infrastructure, and cutting-edge packaging technology. The presence of important market players, as well as the growing usage of sustainable packaging solutions, helps to cement its dominance.
Meanwhile, the Asia-Pacific frozen food packaging market is expanding rapidly, owing to urbanization, increased disposable incomes, and shifting dietary preferences. As consumers seek out more frozen meal options, producers are investing in ecologically friendly and smart packaging methods to fulfill demand. For example, in September 2024, Authentic Asia, a Bellisio Foods trademark, introduced a new line of single-serve frozen meals. These meals highlight Asian regional cuisines while utilizing restaurant-quality ingredients and making for simple at-home cooking. The meals were intended to provide a takeout-style experience, with a distinctive two-tray container that allowed rice and noodles to cook separately from protein, sauce, and vegetables. This packaging ensured that each dish had its original flavor and texture after only a few minutes in the microwave. Furthermore, the growth of e-commerce and food delivery services in nations such as China, India, and Japan is driving demand for efficient and inventive packaging.
Frozen Food Packaging Market Players
Frozen food packaging companies profiled in the report include Amcor Ltd., Ball Corporation, Graphic Packaging International, Inc Sonoco Products Company, Crown Holdings, Inc., Bemis Company, Inc., International Paper Company, Sealed Air Corporation, WestRock Company, and Pactiv LLC.
Frozen Food Packaging Market Key Insights
Parameter |
Details |
Size in 2023 |
USD 41.8 Billion |
Forecast by 2032 |
USD 64.5 Billion |
CAGR During 2024 - 2032 |
5.1% |
Largest Region Size (2023) |
Europe- USD 15.47 Billion |
Fastest Growing Region (% CAGR) |
North America– 5.8% |
Key Players Covered |
Amcor Ltd., Ball Corporation, Graphic Packaging International, Inc Sonoco Products Company, Crown Holdings, Inc., Bemis Company, Inc., International Paper Company, Sealed Air Corporation, WestRock Company, and Pactiv LLC |
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Mr. Richard Johnson
Acumen Research and Consulting
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E-mail: [email protected]