According to Future Market Insights, the global fresh food packaging market has an average-paced CAGR of 3.88 percent until 2033. A rise in environmental concerns and the adoption of sustainable technologies, demand for extended shelf life, an increase in awareness of the benefits of fresh food and an increase in food service operators in retail sites supports this level of growth.
Rigid fresh packaging was the largest segment in the industry in 2023, accounting for a 52.4 percent revenue share. Rigid packaging has stronger support for food products and is more likely to prevent damage within the supply chain. The segment is expecting a 5.6 percent CAGR.
North America and Europe hold the largest market interest. The USA is home to a number of highly developed application businesses, while Europe is seeing a strong shift for fresh and organic products.
Innovation’s to keep an eye on include the one-piece barrier carton board tray from Sweden-based AR Packaging. An industry partnership of note is Amcor PLC and New Zealand-based Moda for packaging solutions in North and Latin America.
