Market Share of Frozen Food Packaging Industry
The frozen food packagingmarket is highly competitive and consists of several major players. In terms of market share, few of the major players currently dominate the market. However, with creative and decorative packaging patterns, mid-size to smaller companies are increasing their market presence by securing new contracts and by tapping new markets.
- May 2019 -Cascades Sonoco, a joint venture of Cascades Inc.and Sonoco Products Company, inaugurated the expansion of packaging facility in Birmingham, Alabama, by its new production line of innovative, eco-friendly packaging. They have investedUSD 17 million to produce a water-based functional coating solution which cancreate recyclable, repulpable and compostable containers.
- Apr2019 -WestRock Company has got the "Innovator Award" for the company’s work in improving the recyclability of foodservice packaging.
Frozen Food Packaging Market Leaders
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Berry Plastics Group, Inc.
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Sonoco Products Company
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ProAmpac LLC
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Cascades Inc.
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American Packaging Corporation
*Disclaimer: Major Players sorted in no particular order
