The global frozen food packaging market reached a value of US$ 41.96 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 57.33 Billion by 2027, exhibiting a CAGR of 5.10% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Frozen foods refer to various food products, including vegetables, fruits, meats, seafood, and ready-to-eat meals that are preserved and processed at an acute cold temperature for retaining nutrients. These consumer goods are later packed in several packaging materials, such as pouches, boxes, tubs, wrappers, and bags to ensure safer transportation. Frozen food packaging is a cost-effective, readily accessible, lightweight, and economical solution that can also withstand high temperatures. On account of these properties, they are extensively utilized to preserve the color, flavor, aroma and texture, thereby maintaining the quality and ensuring the longer shelf of food products.
Frozen Food Packaging Market Trends:
The significant expansion in the food and beverage (F&B) sector, along with the increasing demand for packaged ready-to-eat (RTE) meals on account of inflating disposable incomes, particularly in emerging economies, and hectic lifestyle schedules are currently driving the frozen food packaging market growth. In line with this, to meet the evolving consumer requirements, various food and beverage manufacturing companies are adopting modern technologies to introduce attractive, innovative, and convenient-to-carry packaging. These solutions efficiently store, protect, and extend the shelf-life of frozen perishable consumer goods, which, in turn, is acting as another growth-inducing factor. Moreover, the extensive utilization of plastic as the prominent frozen food packaging material on account of their heat resistance, storage, and durable properties, is contributing to the market growth. The shifting inclination of consumers toward online retailing and e-commerce distribution channels for shopping necessity items, especially due to the recent outbreak of coronavirus disease (COVID-19) pandemic and the consequent implementation of the mandatory lockdowns across the globe, is further impelling the market growth. Other factors, such as strategic collaborations amongst key players and continuous investments in the research and developments (R&D) activities for adding new features in the packaging, including zippers and top notches, are creating a positive outlook for the market.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global frozen food packaging market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, product and material.

Breakup by Type:
Cups and Tubs

Breakup by Product:

Ready Meals
Meat and Poultry
Sea Food
Vegetables and Fruits

Breakup by Material:

Paper and Paperboards

Breakup by Region:
North America
United States
South Korea
United Kingdom
Latin America
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Amcor plc, Berry Global Inc., Cascades Inc., Crown Holdings Inc., Huhtam?ki Oyj, ProAmpac, Sabert Corporation, Smurfit Kappa Group plc, Sonoco Products Company and WestRock Company.

Key questions answered in this report:
How has the global frozen food packaging market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global frozen food packaging market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the product?
What is the breakup of the market based on the material?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global frozen food packaging market and who are the key players?
What is the degree of competition in the industry?