Chilled Food Packaging Market Size, Share, Analysis, Trends, Growth, 2032

Chilled Food Packaging Market Insights

According to Zion Market Research, the global Chilled Food Packaging Market was worth USD 45.31 Billion in 2023. The market is forecast to reach USD 72.62 Billion by 2032, growing at a compound annual growth rate (CAGR) of 5.38% during the forecast period 2024-2032. The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Chilled Food Packaging Market industry over the next decade.

Request Free Sample

Chilled Food Packaging Market: Overview

Packaging plays a vital role in the safety of chilled foods. Chilled Food Packaging is required for keeping food fresher for longer time. It helps to keep the food secured during transport and storage throughout the distribution channel. The use of innovative packaging of food manufacturers also makes it possible for consumers to check the quality of food and authenticate what they are buying. The market is primarily driven by rising demand from emerging economies for safe packaged food all over the globe. The Chilled Food packaging material consists mainly of fresh meat, ready to eat chilled foods and the bakery products. Also, the ease of opening, legibility of graphical design and the total pack size are the key considerations for chilled food packaging.

Request Free Sample

Chilled Food Packaging Market: Growth Factors

The major factors driving the demand for the chilled food packaging market are the constant product innovation, attractive packaging and rising demand from emerging economies. This packaging increases the shelf life of the chilled food in the packaging material. It mainly protects, preserves, and promotes the product. Also, as it includes the most items in demand such as fresh meat, ready to eat chilled foods and bakery products, the demand for such packaging is high.

These chilled packaged foods can be also transported over long distances without being affected by germs. The packaging also protects from outside factors such as temperature changes, vapor, and moisture. They can be also recycled easily and can be kept below 8A°C for more than 24 hours. The products are presented in a very presentable manner using transparent barrier films. Thus, the demand for Chilled Food Packaging is high, owing to the above-mentioned reasons.

Chilled Food Packaging Market: Report Scope

Chilled Food Packaging Market: Segmentation

Type Analysis Preview

Flexible Packaging are the ones which can be bended easily without breaking. These packagings include pouches and bags in various sizes and forms. Due to their flexibility, many brands have been opting for flexible packaging instead of rigid packaging. Also, to avoid plastic and glass that are used in rigid packaging, brands are heavily focusing on flexible packaging. The nuts, cereals, and granola are moving towards flexible packaging and therefore due to these factors, there has been significant demand for the Flexible Packaging segment.

Application Analysis Preview

The packaging of fruits and vegetables is a crucial step in the long journey of fruits and vegetables from farmers to consumers. The chilled food packaging protects these products from the external environment. They are also available in a variety of different forms and sizes. Due to their properties such as recyclability and increase in shelf life, the food packaging for Fruits and vegetables is in increasing demand.

The packaging is used for Seafood and Poultry to maintain the quality of the seafood chain. These packagings are in demand because they contribute to extending shelf life and are available in various sizes and forms. The seafood through this packaging can be packaged in an attractive manner with much safety.

Request Free Sample

Chilled Food Packaging Market: Regional Analysis Preview

North America held a share of 39% in 2023. It is supposed to be one of the highest revenue-generating regions for this market during the forecasted period. As this region is the market for high selling of chilled food products, there is a higher demand for Chilled Food Packaging. Many companies have been increasingly investing in creative and decorative packaging in this region. Due to the reasons such as increased storage life, increased food quality, and availability of packaging in various sizes, these factors are responsible for the increasing demand for the chilled food packaging market.

Asia-Pacific is expected to have a CAGR of 8.6% from 2024 to 2032. This is mainly due to the increasing population and thus the increasing demand. There is increasing consumer appreciation for the food-quality. With the growth in the economy and the changing lifestyles, there has been considerable demand for chilled food packaging in this region. Also, due to the increasing awareness about foodborne illnesses, food spoilage, and food wastage, this packaging has been in great demand.  

Chilled Food Packaging Market: Key Players & Competitive Landscape

Some of the key players in the Chilled Food Packaging market include

• Amcor Ltd.
• Bemis Company
• International Paper
• Berry Global Inc.
• Sealed Air Corporation
• Linpac  Packaging Ltd.
• Amac Holdings LLC. 
• Sonoco Products 
• among others.

In June 2023, Amcor Ltd. acquired Bemis Company Inc., where the acquisition of Bemis Company brings additional capabilities, scale and footprint that strengthened Amcor’s industry leading value proposition.  Amcor is responsible for food packaging, beverage, pharmaceutical , personal care and consumer products.

Request Free Sample

The Global Chilled Food Packaging Market is segmented as follows:

By Type

• Rigid Packaging
• Flexible Packaging

By Application

• Bakery and Confectionary
• Fruits and Vegetables
• Seafood and Poultry
• Meat

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of the Middle East & Africa