Press release
Europe Fresh Food Packaging Market Worth Observing Growth Rate of 3.1% from 2019 to 2026
The Europe fresh food packaging market size was $3,718.2 million in 2017, and is projected to reach $4,890.6 million by 2026, registering a CAGR of 3.1% from 2019 to 2026.Consumers now-a-days are more concerned toward their health and shift their preference toward healthier, tastier, and fresh vegetables. The industry is undergoing radical change with consumer shifting focus toward more exotic, tasty, and value-added products, and fresh smart packaging plays a significant role to speed up the supply chain so that produce can be delivered in a better condition.
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Food packaging helps in retardation of product deterioration, retainment of the beneficial effects of processing, helps in extension of shelf-life, and increasing and maintaining the quality and safety of food.
Large scale manufacturing process to improve fresh food packaging have remained cynosure for the engaged stakeholders in the industry. As a result, the Europe fresh food packaging market has witnessed an increase in innovation during the last few years. Introduction of technologies like nanotechnology and biotechnology has revolutionized the Europe fresh food packaging market growth. Technologies, such as edible packaging, micro packaging, anti-microbial packaging, and temperature-controlled packaging are all set to revolutionize food packaging market. The ability to deploy large scale manufacturing and innovate competitive technologies has been recognized as the next key driver for the Europe fresh food packaging market.
Cellulose nanocrystals also known as CNCs are now being utilized for food packaging. CNCs provide advanced barrier coatings for food packaging. Derived from natural materials such as plants and woods, cellulose nanocrystals are biodegradable, nontoxic, have high thermal conductivity, sufficient specific strength, and high optical transparency. These features make it an ideal component for advanced food packaging. CNCs can be easily dispersed in water and have crystalline nature. As a result, manufacturers in Europe fresh food packaging industry can control packaging structure to annihilate free volume and can optimize its properties as a barrier material.
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The Europe fresh food packaging market is segmented based on food type, product type, material type, and country. Based on food type, the market is classified into fruits, vegetables, and salads. Based on product type, the market is studied across into flexible film, roll stock, bags, sacks, flexible paper, corrugated box, wooden boxes, tray, and clamshell. Based on material, the market is categorized into plastics, wood, paper, textile and others. The Europe fresh food packaging market is studied across Spain, UK, France, Italy, Russia, Germany, and rest of Europe.
The key players during the Europe fresh food packaging market analysis includes Sonoco Products Company, Hayssen, Inc., Smurfit Kappa Group, Visy, Ball Corporation, Mondi Group, and International Paper Company.
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