The global Frozen Food Packaging Industry could expect to garner a robust CAGR during the forecast period (2016-2021), asserts Market Research Future (MRFR).

The surge in the consumer demand for ‘value for money’ is having a positive impact on the global Frozen Food Packaging Industry. The shelf life, as well as quality of a product, plays a prime role when it comes to a buying decision. The Frozen Food Packaging Industry has been estimated to be a better performer compared to the chilled and dried food market. Frozen foods have the upper hand over chilled food as it has a longer shelf life. Food, when preserved at freezing temperatures, are devoid of any contamination owing to microbes like mold, bacteria, and yeast. Frozen food prohibits growth of microorganisms, foodborne illness, and food spoilage. These factors give way to immense product demand across the world.

Top Players

Ball Corporation

Genpack LLC

Leucadia National

Printpack Inc.

Sealed Air Corporation

Amcor Ltd.

Anchor Packaging

AEP Industries Inc.

Packaging Corporation of America

Crown Holdings

Graham Packaging Company

WestRock Company

Graphic Packaging International Inc., to mention a few.

Market Segmentation

The worldwide Frozen Food Packaging Industry has been split on the basis of packaging product type and application.

The types of packaging products are baked products, meat, fruits & vegetables; poultry & seafood; and others.

Application-wise, the segments covered by the report are boxes, tubs & cups, bags, and others.

Regional Outlook

The latest trends in the Frozen Food Packaging Industry have been studied in the prime regions of Europe, North America, Asia Pacific (APAC) along with Rest of the World (RoW).

Asia Pacific controls the major share of the Frozen Food Packaging Industry. The region offers a unique opportunity to vendors as it is in the nascent stage, when it comes to adoption of latest packaging products. Demand rate for food products is expected to go hand in hand with the rise in population, and the surging urbanization could boost demand for quality products. This robust demand will be in response to the rising awareness about foodborne illnesses, food spoilage, and food wastage. China is the most profitable market for frozen food packaging in Asia Pacific. Consumers in the country are on the lookout for easy-to-use and quality food products, which shapes the Frozen Food Packaging Industry quite lucratively.

North America will be another significant revenue contributor to the Frozen Food Packaging Industry. Rising consumption of seafood along with surge in available packaging options ensures smooth run for the regional market. Residents in the region are increasing their consumption of frozen food, which boosts the demand for frozen packaging products. Plastic flexible trays, as well as bags with overwraps, are used for transporting frozen food, which further triggers market growth.

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