Fresh Sea Food Packaging Market | Contrive Datum Insights

The Global Fresh Seafood Packaging Market is Expected To Reach USD 19.02 Billion By 2030, At A CAGR Of 5.44% During The Forecast Period.

Fresh Sea Food Packaging Market Overview:

Seafood is low in calories and rich in vitamins (B-complex, vitamin A, and vitamin D), zinc, minerals, calcium, and long-chain omega-3 fatty acids. Packaging of fresh seafood helps prevent contamination and changes in the biological, chemical, and physical form of the food.

Compared with meat and animal products, seafood has the advantages of high nutritional value, variety, and low cost, and is a popular health food all over the world. Fish food has been in great demand worldwide due to its high protein content. As a result, the demand for fish food has increased, as has the demand for packaged products. Fresh seafood packaging is created in such a way that it meets all packaging requirements throughout the supply chain, ensuring the food's texture, taste, and nutritional value remain intact.

Fresh Sea Food Packaging market size, estimates, and forecasts are provided in terms of sales volume (K Units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Fresh Sea Food Packaging market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.

Key Market Updates:

• In June 2018, Sealed Air launched a new seafood packaging solution designed with a bio-based resin. This new bio-based resin packaging is a renewable packaging option that could help the seafood industry tackle food waste by extending the shelf life and freshness of seafood products.

Major Segments Covered in the Global Fresh Sea Food Packaging Market:

Market Key Players:
DowDuPont Inc., Key Container, Rengo Packaging, CoolSeal USA, Tri-Pack Plastics, Frontier Packaging, Sealed Air Corporation, Sixto Packaging, Victory Packaging, PPS Midlands Limited, Star-Box, Inc., AEP Industries Inc., Smurfit Kappa Group, Printpack Inc., Orora Packaging Australia Pty Ltd., ULMA Packaging, Wipak Oy, and Others.

Fresh Sea Food Packaging Market by Types:

• Rigid Packaging
• Flexible Packaging

• Plastic
• Paper
• Metal
• Others

Fresh Sea Food Packaging Market by Applications:

• Fish Packaging
• Shrimp Packaging
• Other Seafood Packaging

Fresh Sea Food Packaging Market by Regions:

The report estimates revenue growth at the worldwide, regional, and country levels and delivers an analysis of the recent industry trends in each sub-segment from 2017 to 2030. Among the regional markets, North America emerged as the largest fresh seafood packaging market in 2020 with the highest revenue share. The high consumption of canned fish in North America is increasing its demand. The increasing number of working women, more disposable funds, and other factors have resulted in significant growth in demand for canned fish products. Moreover, rising public awareness about the health advantages of including fish in the diet is expected to boost the demand for seafood packaging. Rising expenditure on food, health, and nutrition is driving the demand for canned fish. The Europe fresh seafood packaging market is expected to witness strong revenue growth over the forecast period owing to high seafood production during the forecast period.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Significant Market Dynamics:

Drivers:

The global fresh seafood packaging market is expected to witness significant growth during the forecast period owing to increasing demand for seafood. According to the Food and Agriculture Organization of the United Nations and the World Health Organization (2011), eating fatty fish such as tuna and salmon by adults around the world helps reduce the risk of death from coronary heart disease. Additionally, according to data provided by the World Bank, global fish production in 2015 was 199.7 trillion tonnes, of which 23.2 trillion tonnes were from Indonesia. Therefore, increasing production of seafood and increasing trade of such seafood is expected to propel the demand for advanced smart packaging solutions that help to extend the shelf life of fresh seafood products.

Restraints:

The growing number of cases of food contamination caused by poor packaging or mishandling of fresh seafood is limiting the fresh seafood packaging market. In addition, strict rules and regulations imposed by governments in many countries regarding the packaging and transportation of fresh seafood are expected to hinder the use of plastic packaging for packaging fresh seafood. This is expected to hamper the growth of the fresh seafood packaging market over the forecast period.

Opportunities:

Growing consumer awareness of consuming fresh seafood that meets safety standards is expected to create opportunities to develop new packaging solutions for fresh seafood. Increased adoption of modified atmosphere packaging is expected to create new growth opportunities for fresh seafood packaging. Modified atmospheric packaging helps preserve product shelf life. Additionally, innovative production of recycled and thermal packaging solutions is expected to drive the growth of the fresh seafood packaging market.

Report Scope of Global Fresh Sea Food Packaging Market:

Points Covered in the Report

• The points that are discussed within the report are the major market players that are involved in the Market such as Market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
• The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analyzed 12 years of data history and forecast.
• The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
• Data and information by market player, region, type, application and etc., and custom research can be added according to specific requirements.
• The report contains a SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

Frequently Asked Questions-

What is the CAGR of Fresh Sea Food Packaging market?

The Fresh Sea Food Packaging Market is growing at a CAGR of 5.44% During Forecast Period.

 What are the key types and applications of Fresh Sea Food Packaging market?

- Rigid Packaging, Flexible Packaging

- Fish Packaging, Shrimp Packaging, Other Seafood Packaging

Who are the key players in Fresh Sea Food Packaging market?

DowDuPont Inc., Key Container, Rengo Packaging, CoolSeal USA, Tri-Pack Plastics, Frontier Packaging, Sealed Air Corporation, Sixto Packaging, Victory Packaging, PPS Midlands Limited, Star-Box, Inc., AEP Industries Inc., Smurfit Kappa Group, Printpack Inc., Orora Packaging Australia Pty Ltd., ULMA Packaging, Wipak Oy, and Others.

Any special requirements about this report, please let us know and we can provide a custom report.

Note – In order to provide a more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19 and the Russia-Ukraine war.