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Growing demand of flexible packaging to increase the shelf life of fresh food is driving the growth of fresh food packaging market across the globe.
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Vision Value Visibility Report Code :FB 1008 2016-2024 Europe Fresh Food Packaging Market Outlook 2024: Global Opportunity & Growth Analysis, 2016-2024 99 Wall Street, Suite No:- 527, New York, NY 10005 United States of America +1-646-568-7747 +1-437-886-1181 Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301 India +44-203-318-6627 +91-120-473-0422, +91-844-785-9968 www.goldsteinresearch.com sales@goldsteinresearch.com Published By: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Executive Summary Sample Request Fresh Food Packaging Market Share(%), By Region-2016-2024 Europe Fresh Food Packaging Market Size USD (Billion). 2016-2024 XX% CAGR: (2016-2024) Source: Goldstein Research Source: Goldstein Research In 2016,Flexible Packaging accounted for the highest market share XX% in Europe Fresh Food Packaging Market WithXX%share in 2016, Europeregion dominated the Global Fresh Food Packaging Market Europe Fresh Food Packaging Market Share (%), By Packaging Type-2016 Europe Fresh Food Packaging Market Share(%), By Application-2016 Europe Fresh Food Packaging Market Share(%), By Country-2016 Source: Goldstein Research Source: Goldstein Research Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Sample Request Key Findings Increasing demand for convenience food • In 2016, flexible fresh food packaging dominated the market; flexible packaging segment accounted for nearly XX% of the total Europe fresh food packaging market and remaining XX% went for semi-flexible and rigid packaging market . The main reason for this despaired share is due to the increasing demand of convenience food and growing demand for shelf life extension of fresh food. • However, with health consciousness and rising level of disposable income in Europe, fresh food packaging market is projected to reach USD XXXX million in 2024 from USD XXXX billion in 2016, registering a growth rate of XX%. In addition to that, the United Kingdom fresh food packaging market touched USD XXXX billion in 2016 and rising demand for value added applications like safe distribution and transportation in the region is expected to accelerate the market to USD XXXX billion by the end of 2024 • As a result, if seen from the big market point of view, demand for fresh and processed food products has led to the introduction of different types of packaging in the market. In addition, change in consumer lifestyles such as rising demand for small-sized packs for nuclear families is another factor boosting the sales of packaging product vendors, and hence the market growth. • Further, years of stagnating wages and prolonged economic downturn have forced many consumers to scale back restaurants visit and prefer more grocery shopping. While frozen and refrigerated packaged food are one good potential solution as they lack appeal for many and are seen as less healthy than any other alternatives • By contrast, fresh prepared foods have benefited because consumers have less discretionary income, time-starved and want of convenience of fresh meals they do not have to prepare. Growing demand for shelf life extension of fresh food Rising Population Europe Fresh Food Packaging Units (Million) The United Kingdom Germany Increasing disposable incomes XXXX Million Units 2016 XXXX Million Units XXXX Million Units 2024 XXXX Million Units Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Major Players Presence-Country Wise Analysis Sample Request Low Penetration High Penetration Medium Penetration Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Europe Fresh Food Packaging Market Size (USD Billion) & Growth Analysis Europe Fresh Food Packaging Market Size (USD Billion)-2016-2024 Europe Fresh Food Packaging Y-O-Y Growth (%) Analysis-2016-2024 Source: Goldstein Research Source: Goldstein Research • Europe fresh food packaging market is anticipated to expand at a compound annual growth rate of XX% during the forecast period i.e. 2016-2024. Further, packaging units increased from XXXX units in 2015 to XXXX units in 2016 • The increasing adoption of pouch packaging is one of the key trends that will gain traction in the fresh food packaging market in Europe. Manufacturers are increasingly developing pouch packaging products because these packaging materials ensure the safety of the food product and save cost. • The fresh food packaging market in Europe is characterized by the presence of both domestic and international vendors. These vendors are increasingly competing against each other based on factors such as product features, quality, performance, cost, and supply chain management Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Market Dynamics Sample Request Growth Drivers Growth Barriers General Trend Highly Complex Moderately Complex Waived Fresh food Packaging Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
Impact Analysis (%) of Innovations on Europe Fresh food Packaging Market • Europe Fresh Food Packaging Industry Drivers • Now, new barrier flexible packaging using Dow Chemical’s Retain technology “has a viable recycling strategy, new pouches can be recycled with other polyethylene (PE) films and bags at grocery store drop-off locations • High-pressure processing has grown into a mainstream technology being used and courted by many food companies, large and small. For example, Campbell Soup—which is already using HPP for its cold-pressed juice line 1915 by Bolthouse Farms—is now looking for packaging that visually indicates when a product has gone through HPP • Converting to flexible packaging and packaging opportunities for ecommerce are two of many key issues on the agenda for the one-day, high-intensity “Packaging for Food & Beverage” • The urgency of finding affordable barrier packaging solutions is the fact that is seeing food waste pile up in epic proportions—even though one in nine people around the world go hungry every night, according to the Food and Agricultural Organization (FAO) • Just one quarter of all wasted food could feed the 795 million undernourished people around the world who suffer from hunger Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
6.1. Europe Fresh Food Packaging Market Share(%) , Market Size (USD Billion)- By Packaging, 2016-2024 Sample Request Key Findings Europe Fresh Food Packaging Market Share, By Packaging, 2016-2024 • Europe Fresh food packaging market is expected to expand at a CAGR of XX% during the forecast period i.e. 2016-2024 owing to change in consumer lifestyles such as rising demand for small-sized packs for nuclear families is another factor boosting the sales of packaging product vendors, and hence the market growth • The food packaging protects the products from contamination caused by bacteria, moisture etc. Increasing health and environmental awareness, is one of the factors responsible for the increasing demand for fresh food packaging. Besides protection of food products, value added applications like safe distribution and transportation are expected to boost the market growth • Within the packaging segment, the flexible packaging category is one of the fastest growing categories, and has grown at a CAGR of over XX% over the past decade. 2024 2016 Source: Goldstein Research Europe Fresh Food Packaging Market Y-O-Y Growth, By Packaging, 2016-2024 Europe Fresh Food Packaging Market Size (USD Billion), By Packaging-2016-2024 Source: Goldstein Research Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com
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