Europe Frozen Food Packaging Market

Europe Frozen Food Packaging Market Growth and Forecast (2023 - 2028):

The Europe Frozen Food Packaging Market was worth US$ 17.34 million in 2022, and it is estimated to grow at US$ 21.75 million by the end of 2028 at an increasing CAGR of 4.64% during 2023 - 2028.

Europe Frozen Food Packaging Market Scenario:

Frozen foods can satisfy a wide range of consumer demands. The expansion of the frozen food industry is being driven by several nutritional factors, such as rising customer interest in convenience and healthy meal preparation. Convenient meal options during busy hours are available due to a rise in disposable income and a shift in consumer lifestyle. The developing online retail and food delivery system continues to be used for food purchases. The demand for tamper-proof and temperature-controlled frozen food packaging increases as people prefer to purchase online portals.

Recent Developments in Europe Frozen Food Packaging Industry:

• Amcor Ltd announces its launch of recycled plastic packaging for powdered chocolate in Latin America.
• On March 1st, Bemis Company, Inc. disclosed that it had acquired Alcan Packaging food operations.
• WestRock Company introduces a fiber-based packaging line, namely the Ever grow collection, including carriers, baskets, punnets, and tills.

Europe Frozen Food Packaging Market Drivers:

Consumer tastes have shifted to frozen foods, which take less time to prepare than conventional home-cooked meals due to increased urbanization and the fast pace of life. Moreover, the increasing rate in the number of working women internationally and changes in family relations have increased frozen food consumption, boosting demand in the global frozen food packaging industry. Emerging economies have also contributed to the Europe Frozen Food Packaging market's growth. Market growth is expected to accelerate as consumers want more attractive, inventive, and portable packaging to set their products apart from the competition. Consumers today rely on frozen meals for convenience, variety, and ease of meal preparation. As the demand for frozen foods has grown, so has the demand for frozen food packaging.

Without the use of preservatives, frozen food packaging helps to replenish vitamins and minerals in food. Fresh food and healthful ingredients are in high demand, which helps businesses grow. Frozen foods are better protected from degradation by packaging than many fresh foods. Purchasing food from supermarkets is becoming obsolete thanks to the current meal delivery system. Food manufacturers are expanding their door-to-door delivery services to attract more customers. As clients choose food from online portals, demand for frozen food packages continues to grow worldwide. As the demand for frozen food grows, the packaging sector has grown tremendously. Manufacturers in the food business have chosen tamper-resistant and temperature-controlled containers to meet the growing demand for frozen food. In addition, enterprises prefer plastic for packaging frozen foods like fruits, ice cream, meat, and vegetables. Therefore, these factors are primarily responsible for Europe's frozen food packaging market growth in the upcoming years.

As the world becomes more industrialized and urbanized, more grocery retailers are offering services through online portals. Customers ordered a range of food products through an internet gateway due to their busy lifestyles. Customers prefer frozen food to dishes because of their increasingly active lifestyles. As the demand for frozen food grows among customers, so does the need for frozen food containers in the food business. Furthermore, the demand for temperature-controlled containers will continue to rise as the demand for safe food supply among frozen food providers grows. These are the crucial factors that positively impact the frozen food packaging market's growth in Europe during the forecast period.

Restraints:

The high salt content of frozen foods is thought to be reducing demand in this industry. The preference for ordering hot meals over frozen food is projected to result in a decrease in frozen food package sales. Furthermore, the high cost of frozen food packaging is expected to have a negative impact on the worldwide frozen food packaging market's growth.

Europe Frozen Food Packaging Market Segmentation Analysis:

By Material:

• Plastic
• Aluminum
• Cardboard
• Glass
• Wood
• Paper

Plastic, paper & paperboard, metal, and others make up the Europe frozen food packaging market. However, over the projection period, plastic is expected to dominate the total frozen food packaging market. For packaging of frozen food plastic is been widely utilized. Since it comprises of various advantages such as heat resistance, heat sealing, and good barrier qualities. In addition, plastic comes in a variety of colors and transparency options.

By Type of packaging product:

• Bags
• Boxes
• Cans
• Cartons
• Trays
• Wraps
• Tubs and Cups
• Pouches

The highest income was generated by boxes Type frozen food packaging in 2020, with a CAGR of 4.8 percent. From 2022 - 2027, bags are predicted to expand at the fastest rate of 6.0 percent. These are composed of plastic, enabling frozen food packaging makers more design flexibility and allowing for the most efficient shelf space.

By Food:

• Readymade Meals
• Meat
• Poultry and Sea Food
• Fruits and Vegetables
• Baked Goods
• Potatoes
• Soups
• Ice Cream

Over the projection period, the meat, poultry, and seafood product segment are expected to dominate the Europe Frozen Food Packaging market over the projection period. The increased demand for higher protein food products, combined with rising meat, poultry, and seafood production, is likely to promote the expansion of this market segment during the forecast period.

Regional Analysis:

The Europe Frozen Food Packaging Market Report includes the segmentation of countries:

• United Kingdom
• Spain
• Germany
• Italy
• France

Europe is anticipated to have significant frozen food packaging market growth. Changing lifestyles, rising disposable income, and increased urbanization in developing countries, particularly among the growing middle-class population, are driving up demand for the frozen food packaging market. In addition, the rise in population density has boosted demand for packaged foods in general, with millennials playing a role in this expansion. Emerging economies have also contributed to the Europe Frozen Food Packaging market's growth. Market growth is expected to accelerate as consumers want more attractive, inventive, and portable packaging to set their products apart from the competition. In addition, consumers today rely on frozen meals for convenience, variety, and ease of meal preparation. Therefore, as the demand for frozen foods has grown, so has the demand for frozen food packaging.

Impact of COVID-19 on Europe Frozen Food Packaging Market:

Due to new or increased hygiene and consumer-safety concerns and the desire for enhanced sustainability, the Covid-19 pandemic caused an increasing need for frozen food packaging in the region. The emergence of innovative and more sustainable frozen food packaging is being driven by technological innovation, sustainability concerns, and attractive economics. In addition, the growing market demand for customer-friendly containers and enhanced product protection is likely to propel the market in Europe forward post-pandemic.

Key Players in the Market:

Major Key Players in the Europe Frozen Food Packaging Market are

• Printpack, Inc                      
• Pactiv LLC                  
• Amcor Ltd                 
• Ball Corporation                       
• Crown Holdings, Inc                       
• Sealed Air Corporation                        
• Bemis Company, Inc                       
• Tetra Pak International                        
• WestRock Company             
• Graphic Packaging International Inc