Market Size of Frozen Food Packaging Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 8.26 Billion |
Market Size (2029) | USD 10.14 Billion |
CAGR (2024 - 2029) | 3.49 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Frozen Food Packaging Market Analysis
The Frozen Food Packaging Market size is estimated at USD 8.26 billion in 2024, and is expected to reach USD 10.14 billion by 2029, at a CAGR of 3.49% during the forecast period (2024-2029).
Frozen food packaging delivers lightweight, unbreakable, and resealable features, lowers fossil fuel usage, and can reduce greenhouse gas emissions and water usage to create an eco-friendly environment.
- The market's consumers prefer retail stores, supermarkets, and hypermarkets. Organized retail stores are a substantial part of the market with a significant global presence. The increase in the organized retail chain is translating directly into the need for food packaging solutions in the frozen food industry.
- Packaging for frozen foods like meat, poultry, and seafood witnessed the fastest growth among other food applications. Many large food packaging companies across the globe are launching hugely creative and decorative packaging.
- For instance, in August 2023, fiber-based products manufacturer Ahlstrom teamed up with sustainable packaging provider The Paper People to launch a sustainable packaging solution for frozen food. Co-developed by the two companies, this fully fiber-based packaging is mainly designed to substitute traditional fossil-based plastic and films for frozen food packaging. The recyclable packaging can be utilized on existing packaging equipment, including vertical form-fill-seal, stand-up pouches, and SOS-style systems.
- Also, in May 2023, Sabic joined forces with Estiko Packaging Solutions and brand owner Coldwater Prawns of Norway to design and execute a sustainable new packaging pouch for frozen prawns. The pouch is made from a multilayer film offered by Estiko Packaging Solutions utilizing a circular-certified random polymer grade of Sabic PP (polypropylene) Qrystal with an ocean-bound plastic content of around 60%.
- However, the government packaging laws and regulations could limit the market growth. In the United States, the Food and Drug Administration (FDA) regulates the safety of substances added to food. Overall, frozen food packaging should have the following essential characteristics: Resistance to low and high temperatures, a particular mechanical strength, resistance to acid, oil, and other degrading chemicals in the food product, and a specific level of hygiene and similar.
Frozen Food Packaging Industry Segmentation
The frozen food packaging market tracks the demand for food packaging products, including bags, boxes, tubs and cups, trays, wrappers, pouches and others that help to preserve the frozen food from when it is prepared to when it is eaten. Frozen food packaging helps maintain original color, flavor, and texture and generally more nutrients than foods preserved by other methods.
The frozen food packaging market is segmented by type of food (fruits and vegetables, meat, and seafood, frozen desserts and ice creams, and baked foods), packaging type (bags, boxes, tubs, cups, trays, wrappers, pouches, and other types of packaging) and by Geography (North America (United States and Canada), Europe (United Kingdom, Germany, France, Italy, Spain, and Rest of Europe), Asia (China, Japan, India, South Korea, Australia and New Zealand, and Rest of Asia-Pacific), Latin America, Middle East & Africa. The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
By Type of Food | |
Fruits and Vegetables | |
Meat and Sea Food | |
Frozen Desserts and Ice Creams | |
Baked Foods |
By Type of Packaging | |
Bags | |
Boxes | |
Tubs and Cups | |
Trays | |
Wrappers | |
Pouches | |
Other Types of Packaging |
Geography*** | |||||||
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Australia and New Zealand | |||||||
Latin America | |||||||
Middle East and Africa |
Frozen Food Packaging Market Size Summary
The frozen food packaging market is experiencing significant growth, driven by consumer preferences for convenience and sustainability. The demand for packaging solutions that are lightweight, unbreakable, and resealable is on the rise, as these features align with the increasing consumer focus on reducing waste and environmental impact. The expansion of organized retail chains, such as supermarkets and hypermarkets, is further propelling the market, as these outlets require efficient packaging solutions to meet the growing demand for frozen food products. The market is also witnessing substantial investments from major food packaging companies in North America and Asia-Pacific, who are focusing on innovative and decorative packaging to attract consumers. However, regulatory challenges related to packaging laws in various countries pose a hurdle to market growth.
In the Asia-Pacific region, particularly in China, the frozen food packaging market is poised for growth due to rapid urbanization and a rising middle-income population. The demand for quality frozen food products is increasing, driven by consumer awareness of foodborne illnesses and spoilage. The market is characterized by a competitive landscape, with major players dominating but mid-size and smaller companies gaining traction through creative packaging solutions. The introduction of eco-friendly and recyclable packaging options, such as those developed by Cascades Sonoco and WestRock Company, highlights the industry's shift towards sustainability. This trend is expected to continue, offering opportunities for vendors to expand their market presence by adopting innovative packaging technologies.
Frozen Food Packaging Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industry Attractiveness - Porter's Five Forces Analysis
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1.2.1 Threat of New Entrants
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1.2.2 Bargaining Power of Buyers/Consumers
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1.2.3 Bargaining Power of Suppliers
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1.2.4 Threat of Substitute Products
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1.2.5 Intensity of Competitive Rivalry
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1.3 Industry Value Chain Analysis
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2. MARKET SEGMENTATION
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2.1 By Type of Food
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2.1.1 Fruits and Vegetables
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2.1.2 Meat and Sea Food
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2.1.3 Frozen Desserts and Ice Creams
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2.1.4 Baked Foods
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2.2 By Type of Packaging
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2.2.1 Bags
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2.2.2 Boxes
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2.2.3 Tubs and Cups
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2.2.4 Trays
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2.2.5 Wrappers
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2.2.6 Pouches
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2.2.7 Other Types of Packaging
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2.3 Geography***
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2.3.1 North America
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2.3.1.1 United States
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2.3.1.2 Canada
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2.3.2 Europe
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2.3.2.1 United Kingdom
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2.3.2.2 Germany
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2.3.2.3 France
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2.3.2.4 Italy
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2.3.2.5 Spain
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2.3.3 Asia
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2.3.3.1 China
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2.3.3.2 Japan
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2.3.3.3 India
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2.3.3.4 South Korea
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2.3.4 Australia and New Zealand
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2.3.5 Latin America
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2.3.6 Middle East and Africa
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Frozen Food Packaging Market Size FAQs
How big is the Frozen Food Packaging Market?
The Frozen Food Packaging Market size is expected to reach USD 8.26 billion in 2024 and grow at a CAGR of 3.49% to reach USD 10.14 billion by 2029.
What is the current Frozen Food Packaging Market size?
In 2024, the Frozen Food Packaging Market size is expected to reach USD 8.26 billion.