Market Trends of Frozen Food Packaging Industry
This section covers the major market trends shaping the Frozen Food Packaging Market according to our research experts:
Bags Packaging Type to Account for a Major Share in the Market
- Various factors, such as changing lifestyle, increasing disposable income, and rapid urbanization in developing countries, especially the growing middle-income population, are increasing the demand for bags for frozen food. In the United States, the growing adoption of freezer bag has increased the growth of the frozen food packaging market.
- Plastic bags are available in different sizes and shapes. It offers several benefits, such as the ability to tolerate temperatures, and technical advantages, which is further fuelling the demand for bags in frozen food packaging.
- Ziploc bag is an important example of bag packaging. This type of bag is available in various sizes and can be used for storing meat and dairy food. For instance, dairy products can be frozen in freezer bags, as these are ideal for short-term usage and saving space. Another major trend being followed is customizing the product based on client requirements.
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Asia-Pacific to Witness the Fastest CAGR
- In the Asia-Pacific region, the demand for food products is expected to grow with increasing population, and quality products are expected to be on demand, with urbanization and expanding awareness about foodborne illnesses, food wastage, and food spoilage.
- China has the largest share in the Asia-Pacific frozen food packaging market. Large population and urbanization in this country have led to an increased demand for frozen food products. Chinese consumers are now looking for easy-to-use and quality food products. The demand for frozen meat and other regularly consumed products in the frozen food market has been constant in the region, because of their availability.
- According to the National Bureau of Statistics of China, the growth of food packaging in China had increased by 32% by 2018, since 2013. Furthermore, the market also provides an opportunity for vendors of frozen food packaging solutions, as it is still in the nascent stage in terms of adoption of the latest packaging products.
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