Global Seafood Packaging Market Size, Trends, In-depth Analysis, Research Report Forecast up to 2027: Cambridge Packing Company and CoolSeal USA are key players.

Seafood Packaging Market is expected to grow at a CAGR of 5.47% to reach a market size worth US$27.422 billion by 2027.

One of the primary factors contributing to the growth of the market for seafood packaging is the growing demand for seafood products due to their various health benefits. In addition, the expansion of the travel and tourism sector, which includes food and beverage as an integral component, has also led to rising demand for seafood packaging during the forecast period. Moreover, increasing disposable income, rapid urbanization, and hectic lifestyle are driving the growth of the global market. Key market participants are introducing innovative packaging solutions due to the increasing demand for sustainable and efficient seafood. However, the risk of contamination of packaging material and improper disposal of packaging items is obstructing the growth of the global market during the projection period.

The seafood packaging market is also witnessing significant growth aided by the growing demand for seafood.

Seafood is highly perishable and should always be treated carefully to prevent the formation of microorganisms. If seafood is not handled and stored correctly, its quality quickly deteriorates, and its potential lifespan is decreased. As a result, such items need to be processed and/or packaged right away to retain their quality and safety. Growing demand for seafood due to its health benefits is one of the key factors driving the market's growth during the analysis period. According to WWF data, more than 3 billion people globally rely on seafood as a key source of animal protein. The growing popularity of consumer-friendly containers and feasible and affordable packages have boosted the growth of seafood packaging solutions. Moreover, rising disposable income, rapid urbanization, and hectic lifestyle also assist in the global market expansion.

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The seafood packaging market is segmented into product type, material type, application, packaging technology, seafood type, and geography.

Based on the product type, the market is categorized into Bags & Boxes, Cans, Films, Jars, Trays, and others. The bags and boxes segment is expected to hold a significant market share among the abovementioned segments. Boxes and bags are versatile and allow for the pre-cooking or raw packing of seafood. It also allows the packaging of seafood at cold temperature, room temperature, or frozen temperature. In addition, boxes and bags can be quickly produced with various materials, such as paper and plastic, making them perfect for keeping fish and shellfish fresh, tasty, and protected.

The material type segmentation of the seafood packaging market includes Metal, Paper & Paperboard, Plastic, Glass, and others. According to the analysis, the plastic segment is expected to have a significant market share during the forecasted period. The demand for plastic seafood packaging solutions is driven by their low cost, lightweight, impermeability to moisture, fluids, water vapors, etc. The seafood packaging market is categorized into Processed and Fresh segments based on application. Furthermore, the processed segment is divided into High Dried Seafood, Frozen & Chilled Sea Food, and Ready to Eat (RTE) Seafood sub-segments.

The seafood packaging market is divided into three segments based on packaging technology: Modified Atmospheric Packaging (MAP), Retort Packaging, and Vacuum Packaging. The modified atmospheric packaging segment is expected to hold a significant market share among all these mentioned above. Modified atmosphere packaging is a type of packaging technology that extends the shelf lives of fresh food products. This method of food preservation changes the composition of the air that surrounds the food within the packaging.

Based on the seafood type, the market is categorized into Crustaceans, Fish, Mollusks, and others. According to the analysis, the fish segment is expected to have a significant market share during the forecasted period. Growing demand and high perishability of fish and its product is driving the growth of this segment.

The seafood packaging market is divided geographically into North America, South America, the Middle East and Africa, Europe, and Asia Pacific. Out of all the geographical regions, the Asia Pacific region is expected to have a significant market share in the global seafood packaging market. The high seafood consumption drives the demand for seafood packaging in Asia Pacific countries. In addition, the well-established seafood farming industries in countries like India, China, Japan, and Australia are also boosting the regional market's growth. The regional market is anticipated to expand due to the expanding uses of rigid and flexible packaging in the seafood packaging sectors. The key drivers of the rise of the seafood packaging sector in the region are rising per capita income, increasing health consciousness, and changing lifestyle choices.

As a part of the report, the major players operating in the global seafood packaging market that have been covered are Amcor Plc, Berry Global Inc., Cambridge Packing Company, CoolSeal USA, Crown, DS Smith, DuPont de Nemours, Inc., Flexopack S.A., Orora Packaging Australia Pty Ltd, Printpack, Sealed Air, Silgan Holdings Inc., SIRANE GROUP, Sixto Packaging Inc., Smurfit Kappa Group, Star-Box, Inc., Toyo Seikan Group Holdings, Ltd., Tri-Mach Group Inc, ULMA Packaging (ULMA GROUP), Victory Packaging, Visy and Wihuri Oy.
This global seafood packaging market has been analyzed into the following segments:

• By Product Type

o Bags & Boxes
o Cans
o Films
o Jars
o Trays
o Others

• By Material Type

o Metal
o Paper & Paperboard
o Plastic

• High-Density Polyethylene (HDPE)
• Low-Density Polyethylene (LDPE)
• Poly Vinyl Chloride (PVC)
• Polyamide (PA)
• Polyethylene Terephthalate (PET)
• Polypropylene (PP)

o Glass
o Others

• By Application

o Processed

• High Dried Seafood
• Frozen & Chilled Sea Food
• Ready to Eat (RTE) Seafood

o Fresh Seafood

• By Packaging Technology

o Modified Atmospheric Packaging (MAP)
o Retort Packaging
o Vacuum Packaging

• By Seafood Type

o Crustaceans
o Fish
o Mollusks
o Others

• By Geography

o North America

• USA
• Canada
• Mexico

o South America

• Brazil
• Argentina
• Others

o Europe

• UK
• Germany
• France
• Spain
• Others

o Middle East and Africa

• UAE
• Israel
• Saudi Arabia
• Others

o Asia Pacific

• Japan
• China
• India
• South Korea
• Thailand
• Taiwan
• Indonesia
• Others

Related Reports:

• Smart Packaging Market: https://www.knowledge-sourcing.com/report/smart-packaging-market

• Low-Density Polyethylene Ldpe Packaging Market: https://www.knowledge-sourcing.com/report/low-density-polyethylene-ldpe-packaging-market

• Biodegradable Plastic Packaging Market: https://www.knowledge-sourcing.com/report/biodegradable-plastic-packaging-market

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