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Chilled and Frozen Food Packaging Market Size 2021 Manufacturing Size, Share, Opportunities, Trends, Industry Expansion Strategies and Global Analysis by Forecast to 2027 - Amcor, Berry, Sonoco Products, Ampac Holdings

11-25-2021 04:50 AM CET | Logistics & Transport

Press release from: Market Insights Reports

The Chilled and Frozen Food Packaging Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The Global Chilled and Frozen Food Packaging Market Size are Projected to Reach at a CAGR of 11% during 2021-2027.

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Top Leading Companies:

Amcor, Berry, Sonoco Products, Ampac Holdings, International Paper, Sealed Air, Linpac Packaging, Chilled Packaging, Huhtamaki BCP, Hydropac, Sorbafreeze, Tri-Pack, Synergy Packaging, Colpac

Recent Development:

Amcor has acquired 19 companies, including 7 in the last 5 years. A total of 1 acquisition came from private equity firms. It has also divested 4 assets. Amcor’s largest acquisition to date was in 2016 when it acquired Alusa S.A. for $435M. Its largest disclosed sale occurred in 2007 when it sold Amcor - European PET Business to La Seda de Barcelona SA for $479M. Amcor has acquired in 4 different US states, and 11 countries. The Company’s most targeted sectors include packaging (85%) and plastics (16%).
May 2019 - Cascades Sonoco, a joint venture of Cascades Inc. and Sonoco Products Company, inaugurated the expansion of packaging facility in Birmingham, Alabama, by its new production line of innovative, eco-friendly packaging. They have invested USD 17 million to produce a water-based functional coating solution that can create recyclable, repulpable and compostable containers.

Sonoco has acquired 16 companies, including 6 in the last 5 years. A total of 5 acquisitions came from private equity firms. It has also divested 3 assets. Sonoco’s largest acquisition to date was in 2011 when it acquired Tegrant for $550M. Its largest disclosed sale occurred in 2016 when it sold Sonoco - Rigid Plastics Blow Molding Operations to Amcor for $280M. Sonoco has acquired in 9 different US states, and 4 countries. The Company’s most targeted sectors include packaging (82%) and building materials (7%).

Chilled and Frozen Food Packaging Market Segmentation by Type:

Fruits and Vegetables
Bakery & Confectionery
Meat, Seafood & Poultry
Dairy Foods
Ready to Eat Food

Chilled and Frozen Food Packaging Market Segmentation by Application:

Rigid packaging
Flexible packaging

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Asia-Pacific to Witness the Fastest CAGR

In the Asia-Pacific region, the demand for food products is expected to grow with the increasing population, and quality products are expected to be on-demand, with urbanization and expanding awareness about foodborne illnesses, food wastage, and food spoilage. 
China has the largest share in the Asia-Pacific frozen food packaging market. Large population and urbanization in this country have led to an increased demand for frozen food products. Chinese consumers are now looking for easy-to-use and quality food products. The demand for frozen meat and other regularly consumed products in the frozen food market has been constant in the region, because of their availability.
According to the National Bureau of Statistics of China, the growth of food packaging in China had increased by 32% by 2018, since 2013. Furthermore, the market also provides an opportunity for vendors of frozen food packaging solutions, as it is still in the nascent stage in terms of the adoption of the latest packaging products.

Regional Chilled and Frozen Food Packaging Market (Regional Output, Demand & Forecast by Countries)

North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.

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Highlights of the Chilled and Frozen Food Packaging Market Report:

Detailed overview of Chilled and Frozen Food Packaging Market
Changing the Chilled and Frozen Food Packaging market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Chilled and Frozen Food Packaging market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Chilled and Frozen Food Packaging Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Chilled and Frozen Food Packaging Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Chilled and Frozen Food Packaging industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

We Offer Customization on Report Based on Specific Client Requirement:

– Free country Level analysis for any 5 countries of your choice.

– Free Competitive analysis of any 5 key market players.

– Free 40 analyst hours to cover any other data point.

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Market intelligence data is a global front-runner in the research industry, offering customers contextual and data-driven research services. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.

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Irfan Tamboli (Head of Sales) – Market Intelligence information

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