Chilled Food Packaging Market Increasing at A Phenomenal Pace to reach more than USD 62.72 Million by 2028

Major companies in Chilled Food Packaging market are Amcor Ltd., Bemis Company, International Paper, Berry Global Inc., Sealed Air Corporation, Linpac Packaging Ltd., Amac Holdings LLC. And Sonoco Products among others.

These players are set to bolster the development of global Chilled Food Packaging market.

According to analysts at Zion Market Research, the global Chilled Food Packaging market accounted for more than USD 40.87 Million in 2020 and is expected to reach USD 62.72 Million by 2028, growing at a CAGR of 5.5% from 2021 to 2028.

This review is based on a report by Zion Market Research, titled “Chilled Food Packaging Market By Type (Rigid Packaging, Flexible Packaging), By Application (Bakery and Confectionary, Fruits and Vegetables, Seafood and Poultry, Meat and others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2028.”

Rising demand from the emerging economies to Spur Growth

The major factors driving the demand for the chilled food packaging market are the constant product innovation, attractive packaging and rising demand from the 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 from 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 above mentioned reasons.

Global Chilled Food Packaging -Market

With the presence of a large pool of participants, the global Chilled Food Packaging is displaying a highly competitive business landscape, finds a new research report by Zion Market Research (ZMR). Amcor Ltd., Bemis Company and International Paper are some of the key vendors of Chilled Food Packaging market across the world. These players across Chilled Food Packaging market are focusing aggressively on innovation, as well as on including advanced technologies in their existing products. Over the coming years, they are also expected to take up partnerships and mergers and acquisitions as their key strategy for business development, states the Chilled Food Packaging market study.

High Selling of Chilled Food Products In The Region Support North American Dominance

Regionally, North America has been leading the worldwide Chilled Food Packaging market and is anticipated to continue on the dominant position in the years to come, states the Chilled Food Packaging market study. As this region is the market for high selling of chilled food products, there is higher demand for Chilled Food Packaging. Many companies have been increasingly investing for 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 increasing demand for chilled food packaging market.

Browse the full “Chilled Food Packaging Market By Type (Rigid Packaging, Flexible Packaging), By Application (Bakery and Confectionary, Fruits and Vegetables, Seafood and Poultry, Meat and others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2028.” Report at https://www.zionmarketresearch.com/report/chilled-food-packaging-market

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 Middle East & Africa

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