Press release
Fresh Seafood Packaging Market including Growth Factors, Types and Application by regions by 2026
Seafood is low in calories and has high content of various vitamins (B-complex, A, and D), zinc, mineral, calcium, and long chain omega 3 fatty acids. The packaging of fresh seafood helps in preventing contamination and changes in the biological, chemical, and physical form of food.Seafood is widely accepted health and wellness food worldwide, owing to rich nutrients, huge variety, and affordability as compared to meat and meat products. With every decrease in temperature by 5.3˚C, the rate of microbial deterioration doubles, which causes loss in weight and quality of the seafood. Therefore, type and quality of packaging has high significance in the seafood industry. Global fresh seafood packaging market is expected to exhibit a CAGR of 5.44% over the forecast period.
The global fresh seafood packaging market is expected to witness significant growth over the forecast period, owing to increasing demand for seafood. According to the Food and Agriculture Organization of United Nations and World Health Organization 2011, the consumption of fatty fish such as tuna and salmon by the adult population across the globe helps in lowering the risk of mortality from coronary heart diseases. Moreover, according to the data provided by the World Bank, the total global production of fish was pegged at 199.7 trillion metric tons in 2015, amongst which 23.2 trillion metric tons was from Indonesia. Thus, rising production of seafood and increasing trading of such seafood are expected to drive demand for advanced and smart packaging solutions, which helps in increasing shelf life of fresh seafood products.
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The global fresh seafood packaging market is expected to witness significant growth over the forecast period. Fresh seafood is an extremely perishable food and is required to be handled with care to ensure that it is prevented from the growth of microorganisms. Growth of the market is also supported by the government initiatives undertaken towards food safety and increase in demand for single portion food items. Furthermore, rising demand for consumer friendly packaging and enhancements in the protection of fresh seafood is expected to fuel growth of the market. Increase in use of renewable resources and recyclable materials is also expected to drive growth of the market. However, growth of the market is expected to be restrained by the depleting stock of seafood, which is result of the increasing level of sea pollution.
Detailed Segmentation:
Global Fresh Seafood Packaging Market, By Material Type:
Plastic
Paper
Metal
Others (Wood, Glass, and Others)
Global Fresh Seafood Packaging Market, By Product Type:
Boxes
Bags
Pouches
Films
Others (Cans, Trays, and Others)
Global Fresh Seafood Packaging Market, By Application:
Fish Packaging
Crustaceans Packaging
Molluscs Packaging
Others (Jelly Fish and Others)
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Key companies covered as a part of this study include DowDuPont Inc., CoolSeal USA, Frontier Packaging, Sealed Air Corporation, Sixto Packaging, Victory Packaging, Star-Box, Inc., AEP Industries Inc., Smurfit Kappa Group, Printpack Inc., Orora Packaging Australia Pty Ltd., ULMA Packaging, and Wipak Oy.
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