#frozen food market forecast

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Frozen Food Market - Forecast (2022 - 2027)

Frozen Food market Overview:

According to the Food and Agriculture Organization of United Nations, nearly one third of the food produced every year amounting to roughly $680 billion (approximately 1.3 billion tons) gets either wasted, or lost[1]

.  The issue of food wastage has given birth to the frozen food market which is experiencing a colossal growth with an increase in disposable income, and accentuated refrigeration technology. According to the analyst at Industry ARC, the global frozen food market size in 2018 stood between $225 billion to $228 billion. The market is estimated to grow steadily with a normal CAGR of 3.5%-5% during the forecast period of 2019-2025. Geographically, Europe led the frozen food market with a regional share of 30%-32% in 2018 owing to an increase in mergers and acquisitions between vendors and hypermarkets. On-the-go consumption of food is also driving the European frozen food market. 

Frozen Food Market Outlook: 

The prospect for frozen food market has never seemed brighter. With a growing awareness in food trends, consumers are resorting to cooking fresh meals at home which are free from any preservatives. For this, they require frozen foods which come in extensive categories these days, some of which are dairy-free, vegan, gluten-free, sugar-free, low fat, etc. Availability of high quality frozen foods makes market growth easier, and less prone to negative fluctuation. Recent trends in technology have introduced cryogenic freezing which prevents addition of any artificial preservatives, while maintaining negligible growth of microorganisms at the same time. Ready meals, a key segment of the frozen food market, is expected to grow at a standard CAGR of 2.5%-4%. It is a convenient, and accessible option for the working class society which is perpetually busy, and consistently short on time. 

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Frozen Food Market Growth Drivers:

An Increasing Demand for Preservative Free Food

With an increase in organic produce demand, consumers are incessantly on the lookout for fresh vegetables, seafood, and fruits that do not have a short shelf life. Since most of the organic produce expires quickly, hypermarkets are resorting to freezing of frozen foods which customers are interested in buying. Cryogenic freezing of food items extends their shelf lives, and makes them free from any added preservatives. Consumers flock towards these products, and help frozen food market in attaining noticeable growth.

The Shopping Trends of Millennials

Contrary to popular beliefs on millennials being irresponsible buyers, frozen food market heavily relies on their purchasing trends. Millennials are ready to experiment, and invest on novel things unlike the generation before them. They also tend to buy products that preserve their time, and are easy to handle. These traits fuel the market growth of frozen foods as they are convenient, and ready to use, exactly how millennials might prefer. This generation, which drowns in student debts, and underpaying jobs relies majorly on the frozen food market for their nutritional needs.  

Frozen Food Market Challenges: 

One of the basic challenges faced by the frozen food market is the lack of a proper supply chain system, and the consistent fear of cold chain systems failing. Since frozen foods require a set optimum temperature around -18°C, even the slightest failure in cold chain system can result in massive wastage. A thoroughly functioning power backup, and consistent vigilance is required for assuring negligible frozen food loss. 

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Frozen Food Market Key Players Perspective:

According to the analyst at IndustryArc, some of the key players in the frozen food market are Nestle SA, Unilever, Kellogg Company , General Mills Inc, Conagra Brands, Inc., Grupo Bimbo S.A.B. de C.V., McCain Foods Limited , Kraft Heinz Company, and Associated British. 

In 2018, after recognizing the frozen food preference patterns of millennials, and losing out to rivals like LeanMeals, Nestle increased production in its US factories, and introduced a plethora of items in its lineup like frozen coconut chickpea curry, and sweet earth lover’s veggie pizza[2]

 Frozen Food Market Trends:

Improved Supply Chain Management

In order to make sure that the frozen food market continues to grow, and is not obstructed by food wastage, companies are employing an ameliorated supply chain management system. Reefer trucks are being used to consistently maintain an optimum environment for frozen foods to stay fresh. These trucks are now being fitted with third party GPS technologies for timely deliveries. This being a primary market disruption, is driving the growth of frozen food market in a positive direction. 

The Rise Of IQF Food

IQF stands for ‘individually quick frozen’ which implies that all the items in a frozen food packet are frozen individually, and not as a block. The method involves passing of every individual piece of food through a blast chiller on a conveyor belt. This assures freshness in the food items even after thawing. An amount of peas for example, if frozen using IQF technique and packed in a carton, lidded tray, or crystallized PET tray will sell faster owing to its freshness as compared to the one frozen using ordinary refrigerant technique. 

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Frozen Food Market Research Scope:

The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the frozen food market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of cheese in the frozen food market, and their specific applications in different areas.

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Frozen Food market Report: Industry Coverage

Frozen food market can be segmented on the basis of type, and distribution channels. Based on distribution channels, the market can be divided into supermarkets, hypermarkets, online stores, and convenience stores. On the basis of type, the market can be bifurcated into ready to eat meals, seafood, vegetables, fruits, etc. 

The frozen food market report also analyzes the major geographic regions for the market as well as the major countries for the market in these regions. The regions and countries covered in the study include:

North America: The U.S., Canada, Mexico

South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica

Europe: The U.K., Germany, Italy, France, The Netherlands, Belgium, Spain, Denmark

APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong

Middle East and Africa: Israel, South Africa, Saudi Arabia

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Frozen Food Market - Forecast 2023 - 2028

Frozen Food Market Overview

The Frozen Food Market size is estimated to reach $383.3 billion by 2028, growing at a CAGR of 5.5% during the forecast period 2023-2028. The surging impulse buys of frozen foods are set to drive the Frozen Food Market. The soaring evolution from the sale of frozen fruits & vegetables to frozen vegetable mixes, frozen desserts and bakery products is set to propel the growth of the Frozen Food Industry during the forecast period. Frozen food products may include frozen fruits & vegetables, frozen dairy products like frozen yogurt, frozen meat & seafood and more. Only good quality raw materials can create good quick-frozen vegetables. As per Impulse Buying Statistics on Brandongaille.com, up to 20% of the average household’s grocery bill is derived from items that were bought on impulse only. Frozen foods may feature on the list of impulse buys. The frozen dessert industry has evolved to include Keto ice cream by Mammoth Creameries as well as sentimental and Gen Z-friendly Bubble Gum Ice Cream by Walmart. This represents the Frozen Food Industry Outlook.

Frozen Food Market Report Coverage

The “Frozen Food Market Report - Forecast (2023-2028)” by IndustryARC, covers an in-depth analysis of the following segments in the Frozen Food Market.

By Product Type: Frozen Fruits & Vegetables, Frozen Meat & Seafood, Frozen Cooked Ready Meals, Frozen Desserts, Frozen Snacks and Others.

By Distribution Channel: Supermarkets And Hypermarkets, Convenience Stores, Online Channels and Others.

By Geography: North America (the US, Canada and Mexico), Europe (Germany, France, the UK, Italy, Spain, Russia and the Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and the Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and the Rest of South America) and the Rest of the World (the Middle East and Africa).

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Key Takeaways

Geographically, Europe (Frozen Food market share) accounted for the highest revenue share in 2022 and it is poised to dominate the market over the period 2023-2028 owing to skyrocketing intake of frozen meat & seafood in the European region.

The growth of the Frozen Food Market is being driven by a soaring intake of frozen ready meals involving good quality raw materials. However, issues in the cooling chain may result in health complications which is one of the major factors hampering the growth of the Frozen Food Market.

The Frozen Food Market Detailed Analysis of the Strengths, Weaknesses and Opportunities of the prominent players operating in the market would be provided in the Frozen Food Market report.

Frozen Food Market Segment Analysis – by Product Type

The Frozen Food Market based on product type can be further segmented into Frozen Fruits & Vegetables, Frozen Meat & Seafood, Frozen Cooked Ready Meals, Frozen Desserts, Frozen Snacks and Others. The Frozen Cooked Ready Meals Segment held the largest share of the Frozen Food market in 2022. This growth is due to a surging intake of frozen cooked ready meals amidst the growing working class across the world. The soaring novel product launches are further propelling the growth of the Frozen Cooked Ready Meals segment. Furthermore, the Frozen Fruits & Vegetable segment is estimated to grow at the fastest CAGR of 6.3% during the forecast period 2023-2028 due to the increasing inclination of consumers towards frozen fruits & vegetables attributed to the non-requirement of washing, peeling and chopping amidst the increasing predominance of lifestyle ailments.

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Frozen Food Market Segment Analysis - by Distribution Channel 

The Frozen Food Market based on distribution channels can be further segmented into Supermarkets and Hypermarkets, Convenience Stores, Online Channels and Others. The Supermarkets and Hypermarkets Segment held the largest share of the Frozen Food market in 2022. This growth is owing to the surging count of these stores across different regions, marketing distinct frozen products like frozen meat & seafood, frozen dairy products and more. The effortless access to frozen products under one roof is further propelling the growth of this segment. Furthermore, the Online Channels segment is estimated to grow at the fastest CAGR of 6.5% during the forecast period 2023-2028 owing to the skyrocketing application of eCommerce-based websites for the purchase of frozen products like frozen meat & seafood, frozen dairy products, frozen fruits & vegetables and frozen desserts online at just click of a button.

Frozen Food Market Segment Analysis - by Geography

Europe dominated the Frozen Food market with a 37% share of the overall market in 2022. The growth of this region is driven by enhanced living standards in the European region. The soaring demand for frozen food products made from good quality raw materials is further propelling the growth of the Frozen Food Industry, thereby contributing to the Frozen Food Industry Outlook, in the European region. Furthermore, the Asia-Pacific region is estimated to be the region with the fastest CAGR over the forecast period 2023-2028. This growth is fueled by factors like the increasing demand for frozen dairy products in the Asia-Pacific region. The rising accessibility of dairy-free, vegan, sugar-free, gluten-free and plant-based products is further fueling the progress of the Frozen Food Market in the Asia-Pacific region.

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Frozen Food Market Drivers

Surging Innovations in Frozen Fruits & Vegetables:

Frozen fruits are stored at about 20°C for application whenever needed. Innovation around health indicated an idea of “low” or “free” like “low fat” and “fat free” products. There are products enhanced with fiber, probiotics, vitamins and minerals. There are products presumed to “naturally” offer advantages. This is accomplished by the application of specific constituents like “superfruits” like acai, goji, guarana and more; “supervegetables” like kale, cabbage kale, garlic and more and “supergrains” like chia, sesame, buckwheat and more. The surging innovations in frozen fruits & vegetables are therefore fueling the growth of the Frozen Food Market during the forecast period 2023-2028.

Novel Product Launches Pertaining to Packaging Materials for Frozen Food Products:

In June 2022, Walki introduced novel recyclable packaging materials for frozen food products. The novel materials are anticipated to fit the requirements of the frozen food industry, with a target to make the packaging 100% recyclable in the paper stream. Walki’s novel series involves Walki EVO Seal and Walki Opti Seal which are recyclable paper-based packaging aimed for pillow pouches for frozen food. As per the company, both materials are appropriate for all types of frozen food, involving vegetables, seafood and bakery products. The novel product launches pertaining to packaging materials for frozen food products are propelling the growth of the Frozen Food Industry, thereby contributing to the Frozen Food Industry Outlook during the forecast period 2023-2028.

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Frozen Food Market Challenge

Taste of Frozen Food Not as Great as Fresh Food:

As per Seafood Consumption Statistics on Brandongaille, 75% of the seafood that is consumed in the U.S. is either fresh or frozen. Frozen food may not taste as great as fresh food. There are restricted assortments of frozen dishes. Texture may be changed when freezing food. The food in the freezer may be out of one’s mind for numerous years. If the food is deposited in the freezer for too long, it may no longer be edible or at least, it may no longer taste that good. Certain frozen dishes include preservatives. Certain foods may lose valued nutrients and vitamins. These issues are thus hampering the growth of the Frozen Food Market.

Key Market Players 

Novel product launches, partnerships, acquisitions, expansions and investments are key strategies adopted by players in the Frozen Food Market. The top 10 companies in the Frozen Food market are:

Unilever

Nestlé S.A.

General Mills, Inc.

Nomad Foods Limited

Tyson Foods, Inc.

Conagra Brands, Inc.

Wawona Frozen Foods

Kellogg Company

The Kraft Heinz Company

Lantmännen Unibake (Lantmännen Group)

Recent Developments

In October 2022, Nestlé declared plans to gain Seattle’s Best brand from Starbucks. It was to be included in the coffee portfolio involving Nescafé, Nespresso and Blue Bottle. Starbucks purchased Seattle’s Best in 2003.

In May 2022, Unilever declared that it has marked an agreement to gain a majority stake in Nutrafol. Nutrafol is the principal provider of hair wellness products. Unilever currently holds a minority stake (13.2%) in Nutrafol by way of Unilever Ventures.

In January 2021, Unilever declared 25 novel innovations across six of its packaged ice cream and frozen novelty brands. These involved Breyers®, Good Humor®, Klondike®, Magnum ice cream®, Popsicle® and Talenti® Gelato & Sorbetto. These novel creations are currently available at principal retailers countrywide in the U.S., as per a press release. 

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At a CAGR of 5.1%, the global frozen foods market is projected to have grown from USD 284.2 billion in 2023 to USD 363.7 billion by 2028.

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North America Ice-creams & Frozen Desserts Market - Forecast (2023 - 2028)

Ice-creams and frozen desserts are frozen foods traditionally eaten as snacks and desserts. Most of the ice-creams are usually prepared from dairy products such as cream and milk. Sweeteners, stabilizers, preservatives, flavors, colors and emulsifiers are added to enhance the taste and shelf-life of these products. Various cultures in the world have different varieties of ice creams and frozen desserts popular in their countries, for instance, Gelato and Kulfi are popular traditional frozen delicacies in Italy and India respectively. Nowadays ice-cream novelties and artisanal ice-creams exhibit higher growth as ice-cream manufacturers strive for product innovation for new customer acquisition.

North America Ice-creams and frozen desserts market exhibit a stable growth of 1.5% in the forecast period 2015-2020. Slowdown in the U.S. and Canada markets is estimated in the coming years owing to the aging population and saturated market. Mexico on the other hand has a very young demographic but its growth is restrained owing to unfavourable climatic conditions Gelato and frozen yoghurt exhibit strong growth owing to rising consumer awareness. Manufacturers are introducing new flavors and innovative packaging capture market share.

This report segments the North America Ice-creams and frozen desserts market by type and by channel with focus on the major economies of U.S., Canada and Mexico. Packaged ice-creams and frozen desserts market covers major categories like ice-cream and frozen novelties and other categories such as yoghurt, gelato and frozen custard. The report throws light on the major distribution channels such as supermarkets, hypermarkets, department stores, convenience stores, kiosk, ice-cream specialty shops and mobile vendors.

Sample Companies profiled in this Report are:

Unilever

Nestle

David Chapman Ice Cream Ltd

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#Pakistan Frozen Food Market #Pakistan Frozen Food Market size #Pakistan Frozen Food Market share #Pakistan Frozen Food Market trends #Pakistan Frozen Food Market analysis #Pakistan Frozen Food Market forecast #Pakistan Frozen Food Market outlook #Pakistan Frozen Food Market overview

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Food Grade Gases Market Forecast 2024-2033

Overview and Scope Food-grade gases refer to the gases that are involved in processing aids and/or additives in order to ensure that standards are followed. They contribute to the quality and freshness of food and beverages. They are used in packaging that enhance the shelf life of convenience foods.

Sizing and Forecast The food grade gases market size has grown strongly in recent years. It will grow from $7.92 billion in 2023 to $8.41 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to environmental concerns and sustainability, globalization of food trade, demand for ready-to-eat foods, modified atmosphere packaging (map) adoption..

The food grade gases market size is expected to see strong growth in the next few years. It will grow to $10.97 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to increasing demand for packaged foods, growth in convenience food segment, focus on food safety and quality, expansion in beverage industry, globalization and international trade.. Major trends in the forecast period include sustainable and eco-friendly practices, regulatory compliance, modified atmospheric storage (mas), freezing and cooling applications, carbonation in beverages, quality and safety assurance..

Segmentation & Regional Insights The food grade gases market covered in this report is segmented –

1) By Type: Carbon Di Oxide, Nitrogen, Oxygen, Sulfur Dioxide, Other Types 2) By Application: Freezing and Chilling, Packaging, Carbonation, Other Applications 3) By End Use: Dairy and Frozen, Fish and Sea Food, Meat, Beverages, Fruit and Vegetables, Bakery and Confectionery, Other End-Users

North America was the largest region in the food grade gases market share in 2023. The regions covered in the food grade gases market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Major Driver Impacting Market Growth The increasing consumer demand for frozen and chilled food products is expected to propel the food grade gases market going forward. Frozen and chilled food products refer to food products preserved by rapid freezing and stored in the freezer until used. Food grade gases are used in the packaging of frozen and chilled foods to prevent them from spoiling and ensure they stay fresh for the customers, thus an increase in demand for frozen and chilled foods will help to propel market growth. For instance, according to the 2022 State of the Industry Report, published by the Association for Talent Development, a US-based non-profit association, the demand for frozen and chilled food products has increased significantly as a result of a variety of circumstances. Frozen food sales in the United States will surpass $72 billion in 2022. Therefore, the increasing consumer demand for frozen and chilled food products is driving the food grade gases market.

Key Industry Players

Major companies operating in the food grade gases market report are Linde Group & Praxair Inc., Air Products & Chemicals Inc., Air Liquide SA, The Messer Group GmbH, Taiyo Nippon Sanso Corporation, Coregas Pty Ltd., PT Aneka Gas Industri TBK, Massy Group Inc., Air Water Inc., Sol Group S.p.A., Gulf Cryo Holding W.L.L., National Gases Limited, Gruppo SIAD S.p.A., Les Gaz Industriels Ltd., Aditya Air Products Pvt. Ltd., Sidewinder Dry Ice & Gas LLC, Axcel Gases, Chengdu Taiyu Industrial Gases Co. Ltd., Yingde Gas Group Ltd., Siddhi Vinayak Industrial Gases Pvt. Ltd., American Welding & Gas Inc., Airgas USA LLC, Cryogenic Gases LLC, Ellenbarrie Industrial Gases Ltd., Iwatani Corporation, Matheson Tri-Gas Inc., Nippon Gases Europe S.A., The Southern Gas Limited, Yara International ASA .

The food grade gases market report table of contents includes:

1. Executive Summary

2. Food Grade Gases Market Characteristics

3. Food Grade Gases Market Trends And Strategies

4. Food Grade Gases Market — Macro Economic Scenario

5. Global Food Grade Gases Market Size and Growth

. . .

31. Global Food Grade Gases Market Competitive Benchmarking

32. Global Food Grade Gases Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Food Grade Gases Market

34. Food Grade Gases Market Future Outlook and Potential Analysis

35. Appendix

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Noodles Packaging Market Growth By 2031 | Anticipating Growth and Advancements with Opportunities and Challenges

The "Noodles Packaging Market" is a dynamic and rapidly evolving sector, with significant advancements and growth anticipated by 2031. Comprehensive market research reveals a detailed analysis of market size, share, and trends, providing valuable insights into its expansion. This report delves into segmentation and definition, offering a clear understanding of market components and drivers. Employing SWOT and PESTEL analyses, the study evaluates the market's strengths, weaknesses, opportunities, and threats, alongside political, economic, social, technological, environmental, and legal factors. Expert opinions and recent developments highlight the geographical distribution and forecast the market's trajectory, ensuring a robust foundation for strategic planning and investment.

What is the projected market size & growth rate of the Noodles Packaging Market?

Market Analysis and Size

Noodles have become very popular food in recent years, because of their low cost and convenience, they are currently one of the most profitable products in the food sector. Noodle packaging can be divided into two types: small and light and packed in plastic bags, forcing customers to supply their own bowl to enjoy the dish, and large and heavy and packed in paper or styrofoam bowls, usually with extra space in the bowl for customers to add water. This method, however, requires the consumer to inconveniently travel with a bowl in which to assemble the ingredients to make the food, but its high price made the retail value three times higher than that of the bag-style noodles. People declined to pay that much then the consumer choose the plastic bag packaging. The growing consumption of noodles, with the extensive availability of these products in different packaging through vigorous distribution channels, is intensely driving the global market.

Data Bridge Market Research analyses that the noodles packaging market was valued at USD 5907.00 million in 2021 and is expected to reach USD 10456.86 million by 2029, registering a CAGR of 7.40 % during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.

Browse Detailed TOC, Tables and Figures with Charts which is spread across 350 Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.

This research report is the result of an extensive primary and secondary research effort into the Noodles Packaging market. It provides a thorough overview of the market's current and future objectives, along with a competitive analysis of the industry, broken down by application, type and regional trends. It also provides a dashboard overview of the past and present performance of leading companies. A variety of methodologies and analyses are used in the research to ensure accurate and comprehensive information about the Noodles Packaging Market.

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Which are the driving factors of the Noodles Packaging market?

The driving factors of the Noodles Packaging market include technological advancements that enhance product efficiency and user experience, increasing consumer demand driven by changing lifestyle preferences, and favorable government regulations and policies that support market growth. Additionally, rising investment in research and development and the expanding application scope of Noodles Packaging across various industries further propel market expansion.

Noodles Packaging Market - Competitive and Segmentation Analysis:

Global Noodles packaging Market, By Form (Ambient or Canned, Dried, Chilled or Frozen), Type (Primary, secondary, Tertiary), Distribution Channel (Supermarkets or Hypermarkets, Convenience Stores, Online Retail Stores, Other Distribution Channels) – Industry Trends and Forecast to 2031.

How do you determine the list of the key players included in the report?

With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth.

Which are the top companies operating in the Noodles Packaging market?

Some of the major players operating in the noodles packaging market are:

Amcor Plc (Switzerland)

WestRock Company (U.S.)

Sealed Air (U.S.)

Nuconic Packaging LLC (U.S.)

Tetra Laval Group (Switzerland)

Crown Holdings, Inc. (U.S.)

Smurfit Kappa (Ireland)

DuPont (U.S.)

Mondi (UK)

Bemis Manufacturing Company (U.S.)

International Paper (U.S.)

DS. Smith (U.K.)

Silgan Holdings Inc. (U.S.)

Packaging Corporation of America (U.S.)

Ball Corporation (US)

Coveris Holdings S.A. (Luxembourg)

Sonoco Products Company (U.S.)

Berry Global Inc. (U.S.)

Schur Flexibles (Austria)

Anchor Packaging LLC (U.S.)

Short Description About Noodles Packaging Market:

The Global Noodles Packaging market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

North America, especially The United States, will still play an important role which can not be ignored. Any changes from United States might affect the development trend of Noodles Packaging. The market in North America is expected to grow considerably during the forecast period. The high adoption of advanced technology and the presence of large players in this region are likely to create ample growth opportunities for the market.

Europe also play important roles in global market, with a magnificent growth in CAGR During the Forecast period 2024-2031.

Noodles Packaging Market size is projected to reach Multimillion USD by 2031, In comparison to 2024, at unexpected CAGR during 2024-2031.

Despite the presence of intense competition, due to the global recovery trend is clear, investors are still optimistic about this area, and it will still be more new investments entering the field in the future.

This report focuses on the Noodles Packaging in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

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What are your main data sources?

Both Primary and Secondary data sources are being used while compiling the report. Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced front-line staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users. Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. We also cooperate with some third-party databases.

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2024-2031) of the following regions are covered in Chapters

What are the key regions in the global Noodles Packaging market?

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil, Argentina, Columbia etc.)

Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

This Noodles Packaging Market Research/Analysis Report Contains Answers to your following Questions

What are the global trends in the Noodles Packaging market?

Would the market witness an increase or decline in the demand in the coming years?

What is the estimated demand for different types of products in Noodles Packaging?

What are the upcoming industry applications and trends for Noodles Packaging market?

What Are Projections of Global Noodles Packaging Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?

Where will the strategic developments take the industry in the mid to long-term?

What are the factors contributing to the final price of Noodles Packaging?

What are the raw materials used for Noodles Packaging manufacturing?

How big is the opportunity for the Noodles Packaging market?

How will the increasing adoption of Noodles Packaging for mining impact the growth rate of the overall market?

How much is the global Noodles Packaging market worth? What was the value of the market In 2020?

Who are the major players operating in the Noodles Packaging market? Which companies are the front runners?

Which are the recent industry trends that can be implemented to generate additional revenue streams?

What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Noodles Packaging Industry?

Customization of the Report

Can I modify the scope of the report and customize it to suit my requirements? Yes. Customized requirements of multi-dimensional, deep-level and high-quality can help our customers precisely grasp market opportunities, effortlessly confront market challenges, properly formulate market strategies and act promptly, thus to win them sufficient time and space for market competition.

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Detailed TOC of Global Noodles Packaging Market Insights and Forecast to 2031

Introduction

Market Segmentation

Executive Summary

Premium Insights

Market Overview

Noodles Packaging Market By Type

Noodles Packaging Market By Function

Noodles Packaging Market By Material

Noodles Packaging Market By End User

Noodles Packaging Market By Region

Noodles Packaging Market: Company Landscape

SWOT Analysis

Company Profiles

Continued...

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Today's trends are a great way to predict future events!

Data Bridge Market Research is a market research and consulting company that stands out for its innovative and distinctive approach, as well as its unmatched resilience and integrated methods. We are dedicated to identifying the best market opportunities, and providing insightful information that will help your business thrive in the marketplace. Data Bridge offers tailored solutions to complex business challenges. This facilitates a smooth decision-making process. Data Bridge was founded in Pune in 2015. It is the product of deep wisdom and experience.

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Europe Spirulina Market to be Worth $156.61 Million by 2030

Europe Spirulina Market by Product Type (Powder, Tablets, Capsules, Flakes, Phycocyanin), Distribution Channel (Business Channel, Consumer Channel), Application (Nutraceuticals, Food & Beverages, Animal Feed, Cosmetics, Agriculture) - Forecast to 2030

The Europe spirulina market is projected to reach $156.61 million by 2030, with a compound annual growth rate (CAGR) of 13.3% from 2023 to 2030. In terms of volume, the market is expected to hit 8,308.8 tons by 2030, growing at a CAGR of 7.5% during the same period. Key drivers of this growth include the increasing health and wellness trends, the expanding food supplements industry, the rising demand for natural food colors, the environmental benefits of spirulina cultivation, strict regulations against synthetic colors and flavors, a growing preference for spirulina-based products, and its increased use in aquaculture.

Additionally, the rising demand for phycocyanin and the growing consumer awareness of clean-label products present significant growth opportunities for market players. However, challenges such as low awareness of spirulina’s benefits and complexities in algae production hinder market growth. The adoption of new production technologies, such as photobioreactors, is a major trend in the market.

The Europe spirulina market is segmented by product type, distribution channel, application, and geography.

Product Type:

The market is categorized into powder, tablets, capsules, flakes, phycocyanin, and frozen spirulina. In 2023, the powder segment is anticipated to hold the largest market share due to the rising demand among nutraceutical manufacturers, increasing use in various food and beverage products, growing popularity of vegan diets, and the incorporation of herbal ingredients in cosmetics. The phycocyanin segment is expected to grow significantly, driven by its adoption in therapeutic and nutritional products, demand for natural blue colorants, and investments from leading color houses.

Distribution Channel:

The market is divided into business and consumer channels. In 2023, the business channel is expected to dominate the market due to the direct purchase of large quantities of spirulina by manufacturers in the nutraceutical, food and beverage, and animal feed industries for further product development. This segment is also projected to experience significant growth during the forecast period.

Application:

The market applications include nutraceuticals, food and beverages, animal feed, cosmetics, and agriculture. In 2023, the nutraceuticals segment is expected to hold the largest market share, driven by the booming nutraceutical sector, growing health concerns among the aging population, demand for natural alternatives to pharmaceuticals, and increased consumer awareness of the nutrition-health link. This segment is also projected to witness significant growth due to rising demand for functional foods and the prevalence of lifestyle-related diseases.

Geography:

In 2023, France is expected to hold the largest market share in the Europe spirulina market. This growth is attributed to advancements in microalgae research, consumer awareness of natural food products, increasing rates of chronic diseases such as obesity, diabetes, and heart disease, and stringent regulations against synthetic colors.

Key Players:

Major players in the Europe spirulina market include DIC Corporation (Japan), E.I.D. - Parry (India) Limited (a subsidiary of M/S. Ambadi Investments Limited) (India), C.B.N. Bio-Engineering Co., Ltd (China), Givaudan SA (Switzerland), Fuqing King Dnarmsa Spirulina Co., Ltd. (China), Zhejiang Binmei Biotechnology Co., Ltd. (China), Cyanotech Corporation (U.S.), JIANGSHAN COMP SPIRULINA CO., LTD (China), TAIWAN WILSON ENTERPRISE INC. (Taiwan), Bluetec Naturals CO., LTD. (China), AlgoSource (France), Far East Microalgae Industries, Co., Ltd. (FEMICO) (Taiwan), Far East Bio-Tec. Co., Ltd. (FEBICO) (Taiwan), Necton S.A. (Portugal), YUNNAN GREEN A BIOLOGICAL PROJECT CO., LTD. (Yunnan Spirin Biotechnology Co. Ltd) (China), Inner Mongolia Rejuve Biotech Co., Ltd. (China), Taiwan Chlorella Manufacturing Company (TCMC) (Taiwan), Roquette Klötze GmbH & Co. KG (Germany), Tianjin Norland Biotech Co., Ltd (China), Allmicroalgae Natural Products S.A. (Portugal), Qingdao Haizhijiao Biotechnology Co., Ltd (China), BlueBioTech Group (Germany), Aliga Microalgae (Denmark), SPIFORM (France), Vedan Biotechnology Corporation (Taiwan), ALGALIMENTO SL (Spain), Aurospirul (India), Hangzhou OuQi Food Co., Ltd. (China), Clos Sainte Aurore (France), Sea & Sun Organic GmbH (a subsidiary of Sea & Sun Technology GmbH) (Germany), Pond Technologies Inc. (Canada), Xi’an Fengzu Biological Technology Co., Ltd. (FZBIOTECH) (China), and Spirulina La Capitelle (France).

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Key Questions Answered in the Report:

Which are the high-growth market segments in terms of product type, distribution channel, application, and geography?

What is the historical market size for spirulina across Europe?

What are the market forecasts and estimates for the period 2023–2030?  

What are the major drivers, restraints, opportunities, and trends in the Europe spirulina market?

Who are the major players in the market, and what are their market shares?

Who are the major players in various countries, and what are their market shares?

How is the competitive landscape for the Europe spirulina market?

What are the different strategies adopted by the major players in the Europe spirulina market?

What are the key geographic trends, and which are the high-growth countries?

Who are the local emerging players in the Europe spirulina market, and how do they compete with other players?

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#Spirulina Market

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Food Colors Market Size, Share, Growth Factors, Competitive Landscape, with Regional Forecast to 2031

The latest “ Food Colors Market  Forecast | Share and Size - 2031” report by The Insight Partners offers a detailed analysis of prime factors that impact the market growth such as key market players, current market developments, and pivotal trends. The report includes an in-depth study of key determinants of the global market including drivers, challenges, restraints, and upcoming opportunities.

This market report is ideal for businesses opting to enter or excel in the Food Colors market. This strategic market forecast not only makes businesses aware of present market scenarios but also presents future market forecasts. These insights profoundly cover Food Colors market size, share, growth, and projected revenue in the forecast duration.

The Food Colors market report encompasses driving factors of the market coupled with prime obstacles and restraining factors that hamper the Food Colors market growth. The report helps existing manufacturers and entry-level companies devise strategies to battle challenges and leverage lucrative opportunities to gain a foothold in the global market.

How is the Food Colors Market Report Beneficial for Your Business?

Figure out the Food Colors market dynamics altogether | 2031

Inspect and scrutinize the competitive scenario and the future Food Colors market landscape with the help of different strictures including Porter's five forces.

Understand the impact of different government regulations throughout the global Food Colors market and evaluate the market condition in the tough time.

Consider the portfolios of the protruding players functional in the market in consort with the thorough study of their products/services.

Have a compact idea of the highest revenue-generating segment with the help of a thorough Food Colors market analysis by our seasoned research experts.

A cost-effective way to gain valuable insights into the Food Colors market without the need to host an independent team of researchers at their own cost.

Food Colors Market diagrams, pie charts, regional market share maps, inventory network examination, and import/trade subtleties help you pitch investors.

The Food Colors market report offers an in-depth analysis of the various prime market players that are active in the market. Moreover, it provides their thorough financial analysis, business strategies, SWOT profile, business overview, and recently launched products & services. In addition, the report offers recent market developments such as market expansion, mergers & acquisitions, and partnerships & collaborations. The prime market players observed in the report are Companies ADM WILD Europe GmbH and Co. KG, BASF SE, Cargill, Incorporated. , Chr. Hansen Holding A/S, DDW The Colour House. , GNT Group B. V. , Koninklijke DSM N. V. , Naturex S. A. , San-Ei Gen F. F. I. ,Inc. , Sensient Colors LLC

On the Basis of Type this market is categorized further into-

Natural And Artificial

On the Basis of Form this market is categorized further into-

Liquid And Powder

On the Basis of Application this market is categorized further into-

Bakery and Confectionery

Dairy And Frozen Desserts

Beverages

RTC and RTE Products

Sauces Dressings and Condiments

Meat Poultry and Seafood

And Others

The report offers an in-depth study of every segment, which helps market players and stakeholders understand the fastest-growing segments with maximum Food Colors market share and highest-grossing segments in the market.

The Food Colors market is analyzed across the globe and highlights several factors that affect the performance of the market across the key regions –

North America (U.S., Canada, Mexico)

Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)

Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)

Latin America (Brazil, Rest of Latin America)

The Middle East and Africa (Turkey, GCC, Rest of the Middle East and Africa)

Rest of the World

The Food Colors market research offers revenue forecasts for every year coupled with sales growth of the market. The forecasts are provided by skilled analysts and after an in-depth analysis of the Food Colors market trends. These forecasts are essential for gaining investment insights into the prospects of any industry.

Author’s Bio:

Akash Khilare

Senior Market Research Expert at The Insight Partners

[strangemusictriumph]

Frozen Desserts Market - Forecast (2022 - 2027)

Frozen Desserts Market Overview:

According to the World Bank, roughly 4.5 billion low-income people belonging to the developing countries collectively spend $2.3 trillion a year on food and beverages product[1]. In the developed economies, this figure is even higher owing to the flamboyant incomes and luxurious lifestyle that people lead. Apparently, some part of this money is spent on desserts like ice-cream and other frozen food products which is flourishing the frozen desserts market that was valued to be $32 billion to $34 billion as of 2018, the demand is estimated to grow with a healthy CAGR of 6% to 7.5% during the forecast period of 2019 to 2025.

North America has observed a lot of technological advancements in refrigeration and conveyor methods over the years. These advancements are coupled with the fact that North America is one of the most robust economies in the world, and the residents have noticeably higher incomes than that in other countries. The high income chiefly enables them to spend on frozen desserts. This is a major driving factor attributable to the thriving frozen desserts market in North America. Furthermore, there are many companies such as Lantmannen Unibake USA. Inc., Schwan’s Company, Sara Lee Desserts, and others that are constantly expanding their portfolio which is catapulting the frozen desserts market revenue in the region.

Frozen Desserts Market Outlook:

Frozen desserts are food products based on flavored water in the form of shave ice, ice pops, sorbet, and snow cones; and they are made of milk solids or even vegetable oils. They are consumed as frozen cakes, frozen yogurts, and ice-cream which is their key application owing to the variety of flavors of the same available in the frozen desserts market. Moreover, the target customers show a predilection for ice-creams after meals, and that happens to be the reason for the considerably higher sales of ice-cream as compared to other frozen desserts. The consumption of ice-creams across the globe will observe a CAGR of 5% to 6% through to 2025. 

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Frozen Desserts Market Growth Drivers:

The Remarkable Rise in Disposable Income – 

There is a noticeable increase in disposable income across the globe. According to the Organization for Economic Co-operation and Development (OECD), in developed economies, the year-on-year rise in disposable income was observed to be 3% to as much as 7.4% in 2016[2];  and further economic growth is aiding to the increase of the same. Moreover, developing economies are also observing a constant rise in disposable income. Apparently, people tend to spend this disposable income on consumable products that include frozen desserts, which is leading to a tangible growth in demand for the same.

The Emergence of Low-fat & Gluten-free Products – 

It’s discernible that the world is moving towards a healthy lifestyle which largely attributes to the growing awareness about health and wellness owing to the easy access to a lot of health-related content available on digital platforms. This is quite evident when the International Dairy Foods Association documents low-fat ice-cream as the second most popular category in dairy foods[3].  Subsequently, people are shunning from foods that have high-fat content or are detrimental to health. So, the vendors in the frozen desserts market are offering a variety of low-fat & gluten-free products that are garnering a significant amount of customers, which is increasing the frozen desserts market revenue. 

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The Diverse Marketplace for Frozen Desserts – 

There is a perceptible expansion in the frozen desserts marketplace over the years. The packaging industry coupled with the E-commerce sector has provided customers with the comfort-friendly facility of ordering frozen desserts online and enjoying the treat in their homes. This has a subsequent effect on their “whim factor” and has been an effective contributing aspect associated with the soaring sales of ice-creams and other frozen desserts. Additionally, a wide range of frozen desserts is sold in malls, departmental stores, multiplexes, and other distribution channels which further supports the frozen desserts market. 

Frozen Desserts Market Trends:

Hindustan Unilever Limited aspires to become the market leader in the frozen desserts market. In order to diversify its frozen desserts portfolio, the consumer products conglomerate had acquired Vijaykant Dairy and Food Products Limited (VDFPL) in August 2018.  

The veganism wave proliferating across the globe is highly influencing innovations in the frozen desserts market. This is to say that the vendors not only reinvent their product portfolio with new flavors but are also venturing into non-dairy products in order to cater to the growing demand from the vegan population that is going uphill since a few years now. 

In contemporary times, the world is becoming well-aware about inorganically manufactured food products and how they affect health. This has led to an upsurge in demand for organic foods which is replicating in the frozen desserts market wherein the vendors are reinventing production strategies to offer organic ice-creams and other products to the target customers. 

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Frozen Desserts Market Challenges: 

Even though there is a broad spectrum for frozen desserts market in the world, the major challenge in front of manufacturers is to maintain a balance between the current demand for vegan and organic products and the dwindling taste which is becoming detrimental to the global sales. However, the global desire for frozen desserts hasn’t gone down, and the diversification of the portfolio with tasty flavors is helping vendors to retain the customer base. 

Frozen Desserts Market Key Players Perspective: 

The key players striving to capitalize on the demand influx in the frozen desserts market are General Mills, Inc., Conagra Brands, Kellogg Company, Sara Lee Desserts, Van’s Foods, Mrs. Smith’s, Nestle USA, Inc., Lantmannen Unibake USA, Inc., and Campbell Soup Company.

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Frozen Desserts Market Research Scope:

The base year of the study is 2018, with forecast done up to 2025. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the frozen desserts market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of frozen desserts market, and their market based of types such as ice-creams, frozen yogurt, and frozen cakes.

Frozen Desserts Market Report: Industry Coverage

The report analyses the product demands by the category of purchasing frozen desserts that is segmented into impulse buying and take-home. It also digs into the distribution channels in the frozen desserts market that include supermarkets/hypermarkets, food service outlets, specialty stores, and online stores.

The frozen desserts market report also analyzes the major geographic regions as well as the major countries in these regions. The regions and countries covered in the study include:

North America: The U.S., Canada, Mexico

South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica

Europe: The U.K., Germany, Italy, France, the Netherlands, Belgium, Spain, Denmark

APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong

Middle East and Africa: Israel, South Africa, Saudi Arabia

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#frozen desserts market price #frozen desserts market size #frozen desserts market share #frozen desserts market forecast #frozen desserts market report #ice cream #flavored water #frozen cakes

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Paper Packaging Market - Forecast (2024-2030)

 The Paper Packaging Market  is estimated to grow at a CAGR of 4.82% during the forecast period 2024-2030 and reach $512.50 billion by 2030, from around 386.5 billion in 2023 . Consumers all over the world are shifting their purchasing patterns to more environmentally friendly options as they become more aware of the risks that packaging poses to the environment. Manufacturers are under pressure from customers, the government, and the media to make their goods, packaging, and production methods more ecologically friendly. For packaging that is more environmentally friendly, consumers are willing to spend extra. Due to these trends, the paperboard packaging sector is anticipated to expand. The market is being driven by the growth of e-commerce sales and the rising demand for packaging. 

Report Coverage

The report “Paper Packaging Market– Forecast (2024-2031)”, by IndustryARC, covers an in-depth analysis of the following segments of the paper packaging market.

By Product Type: Corrugated Boxes, Boxboard or Paperboard Cartoons, Flexible Papers

and Others.

By End User: Food and Beverages, Healthcare, Personal Care, Electronics, and Others.

By Raw Materials: Fresh Source, Recycled Waste.

By Geography:  North America, Europe, APAC, and RoW

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Key Takeaways

• The North American region dominates the Paper Packaging market share in 2023. Increasing production and government support is anticipated to drive market growth.

• On June 15, 2023, nearly €23 million was invested in the International Paper facilities in Mortagne (Société Normande de Carton Ondulé - SNCO) and Chalon (Emballages Laurent SAS) to help them expand their selection of environmentally friendly packaging for consumers and match the growth of the e-commerce.

• On April 03, 2023, Sonoco Advances Sustainable Packaging with Pre-qualification of EnviroFlex Paper for How2Recycle® Labelling. In addition to roll stock, heat/cold seal, sachets, and pre-made pouches, EnviroFlex Paper ULT 1.0 provides a superior oxygen, moisture, and grease barrier packaging solution. In addition to being curbside recyclable, EnviroFlex Paper ULT 1.0 offers excellent preservation and protection for perishable foods including baked goods, sweets, pet treats, salty snacks, and powdered drinks. 

By Product Type- Segment Analysis

Corrugated boxes dominated the paper packaging market in 2023. Typically, packing materials or shipping containers are made of corrugated cardboard. Corrugated cardboard boxes are the best for ensuring the security of the item they are carrying, especially over long distances shipments. This is due to the fact that they are composed of corrugated paper. With the rapid growth of e-commerce, there has been an increased demand for sturdy and protective packaging solutions. Corrugated boxes are favored for their durability and ability to safeguard products during shipping, making them a crucial choice for businesses operating in the online retail space. It is estimated that eCommerce will produce $5.42 trillion in annual sales in 2022. The trend towards sustainable packaging is also prevalent in the corrugated boxes segment. Many companies are opting for eco-friendly options such as recycled and recyclable corrugated materials. This aligns with consumer preferences for environmentally responsible packaging.

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By End User- Segment Analysis

Food and beverage dominated the paper packaging market in 2023. Paper packaging has gained significant popularity in the food and beverage industry due to its various advantages, including sustainability, versatility, and consumer appeal. Paper is an often available and affordable material. Paper is widely utilized in food and beverage packaging. According to the U.S. Census Bureau, estimates of U.S. retail and food services sales for July 2023 is about $696.4 billion which is 2.3% from the same period a year ago.  The rising need for ready-to-eat, frozen, and packaged items is driving the rise of the food business, which in turn is boosting demand for folding cartons and corrugated boxes. The food sector is using innovative methods of brand development in the market using paper food packaging.By Raw Material- Segment Analysis

Fresh Source dominated the paper packaging market in 2023. In order to help extend shelf life, improve food quality and safety, give information, and issue warnings about potential hazards, fresh produce packaging trends are increasingly incorporating smart capabilities including sensing, detecting, tracing, recording, and communicating. Absorbers and emitters included in active packaging aid in maintaining food quality and preventing degradation. For instance, the Produce Marketing Association reported that fresh produce sales in the United States climbed by $4.5 billion between January and August 2020 in comparison to the same period in 2019. A survey done in July 2020 revealed that the majority of modern customers liked buying fresh food and were willing to pay more for it. The COVID-19 issue has also increased demand since individuals have attempted to load up as much fresh food as possible for sufficient use, There are numerous points of contact before it reaches the buyer, and there are multiple modes of transportation. 

By Geography - Segment Analysis

The North American region dominates the paper packaging market share with a CAGR of 5.12% during the forecast period (2024-2031). Paper packaging is composed of a variety of paper and paperboard-based techniques, including corrugated cardboard boxes, flexible paper containers, and kraft paper bags. The growth of the paper packaging market is primarily driven by increasing demand for more cost-effective and lightweight packaging solutions, along with the emergence of newer innovative packaging solutions. For instance, according to the Environmental Protection Act (EPA), having created 33.3 million tons of MSW in 2018, or 11.4% of the total, corrugated boxes were the most common type of product that was produced. In total, the generation of paper and paperboard packaging and containers accounted for 41.9 million tons of MSW in 2018, or 14.3% of all generations. The increase in production and government support is also anticipated to drive market growth. The development of the paper packaging market is further enhanced by various significant trends, such as the increasing use of renewable resources and the growing demand for innovative and biodegradable paper packaging materials. 

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Drivers – Paper Packaging Market

• E-Commerce Momentum Driving Paper Packaging Market:

The momentum in the e-commerce industry is a significant driver of growth in the paper packaging market. The rise of online shopping has brought about changes in packaging requirements, preferences, and sustainability considerations. As online shopping expands quickly, e-commerce packaging has gained importance within the packaging business. Due to its durable construction and environmental benefits, rigid packaging, like corrugated packaging, is predicted to rule the market. E-commerce allows businesses to reach a global customers. Paper packaging can often meet international sustainability standards more easily than plastics.

According to a survey by Two Sides conducted in the first quarter of 2020, 57% of the 5,700 Europeans polled preferred that online orders be delivered in paper or cardboard packaging, and 57% made an effort to use less plastic packaging. 70% of respondents said they preferred minimal or no packing, and 38% said they would pay extra for a product if it included in environmentally friendly packaging.

Consumers rank paper and cardboard packaging higher on the sustainability scale for factors including home compostability (72%), environmental friendliness (62%), and recycling ease (57%). 30% of customers believe that Europe has a recycling rate of more than 60%, making paper and cardboard packaging the most recycled material.

• Government Regulation for Reducing Plastics Usage Benefits the Paper Packing Market:

Governments have introduced regulations that mandate higher recycling rates for packaging materials. Paper packaging's recyclability advantage positions it as a favorable option in compliance with these regulations.

Government policy and regulation will continue to be very important in determining the paper packaging market. There are various requirements that must be taken into account, such as The Green Deal, for any business thinking about launching a new e-commerce solution. The plastics packaging tax, which was implemented in January 2021 and is still spreading throughout member states, has the most direct influence on e-commerce packaging in Europe.

Governments often launch public awareness campaigns highlighting the environmental impact of plastic waste. This leads to increased consumer demand for products with paper packaging, seen as an eco-friendlier choice. Many governments have implemented bans or restrictions on single-use plastics, such as plastic bags. These bans create a void that paper packaging can fill, leading to increased demand for paper-based alternatives. For Instance, On January 14, 2022, the Italian Legislative Decree 196/2021 (the "Italian Decree") that implements the Single-Use Plastic Directive ("SUPD") came into effect.

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Challenges – Paper Packaging Market

• Sustainability of Raw Materials is hampering the market:

While paper is often considered an eco-friendlier choice compared to certain plastic materials, there are still sustainability challenges associated with its raw materials. sustainable sourcing of virgin wood fiber is essential to prevent deforestation and habitat loss. 

One of the primary challenges with paper packaging is the potential for deforestation and habitat destruction. If the demand for paper is not managed sustainably, it can lead to negative impacts on biodiversity, local communities, and the overall health of forests. The paper industry relies on trees as a raw material. Unsustainable logging practices can lead to resource depletion and a loss of biodiversity in forests.

• Limited Shelf Life:

In certain cases, paper packaging might have a shorter shelf life compared to materials with better barrier properties. This can impact the suitability of products with longer shelf lives. Paper packaging may not have the same inherent strength and durability as materials like plastics or metals. Heavy goods require packaging that can withstand the weight and potential impact during transportation and handling. The necessity for paper to package highly heavy goods presents the biggest obstacle for the paper packaging business, which has led to competition from the plastics and metal packaging sectors. In certain cases, consumers might perceive paper packaging for heavy goods as less reliable or protective than alternatives like plastic or metal.

Market Landscape

In 2023, the top ten players in the Paper Packaging market share, accounting for 31.05% of the share. Major players in the paper packaging market are Smurfit Kappa, Napco National Paper Products Company, Billerud, Westrock Company, Georgia Pacific LLC, Pratt Industries Inc., DS Smith Packaging Limited, Stora Enso Oyj, Mondi Group Plc. And Huhtamaki Oyj

Developments:

On June 13, 2023, Amcora, a leader in developing and manufacturing responsible packaging solutions, announced the expansion of its AmFiber™ performance paper packaging line in Europe to include heat seal sachets for dry food and drink applications like instant coffee, dried soups, spices, seasonings, and drink powders.

On April 21, 2022, WestRock Company, a top supplier of unique paper and packaging solutions, partnered with Recipe Unlimited to deploy a line of recyclable paperboard packaging that will keep 31 million plastic bottles out of Canada's landfills each year.

On March 30, 2021, International Paper expanded its capabilities in Madrid and Catalonia, the two major industrial regions in the nation, by purchasing two cutting-edge corrugated box operations in Spain. International Paper's corrugated packaging division in EMEA is a major business unit that provides customers with high-quality packaging options in the industrial, fresh fruit and vegetable, and e-commerce sectors.

#Paper Packaging Market #Paper Packaging Market Share #Paper Packaging Market Size #Paper Packaging Market Forecast #Paper Packaging Market report #Paper Packaging Market Growth

[ananya5400]

At a CAGR of 5.1%, the global frozen foods market is projected to have grown from USD 284.2 billion in 2023 to USD 363.7 billion by 2028.

#frozen foods market #frozen foods #frozen foods market Size #frozen foods market Share #frozen foods market Growth #frozen foods market Trends #frozen foods market Forecast #frozen foods market Analysis #frozen foods market Research Report #frozen foods market Scope #frozen foods market Overview #frozen foods market Outlook

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[businessindustry]

Shrimp Market Survey Insights, Outlook and Forecast 2024-2032

The Reports and Insights, a leading market research company, has recently releases report titled “Shrimp Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2031.” The study provides a detailed analysis of the industry, including the global Shrimp Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the Shrimp Market?

The shrimp market was US$ 27.5 Bn in 2022. Furthermore, the shrimp market to register revenue CAGR of 5.6% over the forecast period and account for market size of US$ 44.9 Bn in 2031.

What are Shrimp?                                                                                                                                                                            

Shrimp are small crustaceans found in marine environments, known for their elongated bodies and swimming ability. They are a popular seafood choice globally, valued for their delicate taste and texture. Shrimp are an essential part of marine ecosystems, serving as prey for various larger species. They inhabit both freshwater and saltwater habitats and are also extensively farmed to meet the high demand for their consumption.

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What are the growth prospects and trends in the Shrimp industry?

The shrimp market growth is driven by various factors and trends. The shrimp market is a key segment of the global seafood industry, propelled by strong consumer demand for shrimp owing to its flavor, flexibility, and perceived health advantages. It encompasses a range of shrimp species, sourced from both wild fisheries and aquaculture, with major producers including China, India, Indonesia, Vietnam, and Ecuador. Shrimp are marketed in diverse forms, including fresh, frozen, and processed products like shrimp paste and sauce. Market dynamics are shaped by factors such as consumer tastes, trade regulations, environmental policies, and disease outbreaks that can affect shrimp stocks and production volumes. Hence, all these factors contribute to shrimp market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

By Type:

Pink

White

Brown

Others

By Form:

Frozen

Canned

By End-user:

Residential

Commercial

By Distribution Channel:

Hypermarkets/Supermarkets

Convenience Stores

Specialty Stores

Online Sales Channels

By Region: 

North America

United States 

Canada 

Europe

Germany 

United Kingdom 

France 

Italy 

Spain 

Russia 

Poland 

Benelux 

Nordic 

Rest of Europe 

Asia Pacific

China 

Japan 

India 

South Korea 

ASEAN 

Australia & New Zealand 

Rest of Asia Pacific 

Latin America

Brazil 

Mexico 

Argentina

Rest of Latin America

Middle East & Africa

Saudi Arabia 

South Africa 

United Arab Emirates 

Israel 

Rest of MEA

Who are the key players operating in the industry?

The report covers the major market players including:

Aqua Star Corp.

Avanti Feeds Ltd.

Clearwater Seafoods Inc.

High Liner Foods Inc.

Marine Harvest

Maruha Nichiro Corporation

Nippon Suisan Kaisha

Nordic Seafoods A/S

Surapon Foods

Thai Union Group

View Full Report: https://www.reportsandinsights.com/report/Shrimp-market

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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Flexible Pet Care Packaging Market Forecast 2024-2033

Overview and Scope Flexible pet care packaging are defined as any container or portion of a container whose shape can easily change while filled or while being used for pet care packaging products.

Sizing and Forecast The flexible pet care packaging market size has grown strongly in recent years. It will grow from $8.39 billion in 2023 to $9.12 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to consumer convenience, product differentiation, sustainability concerns, portability and lightweight packaging, resealable features, safety and tamper-resistance..

The flexible pet care packaging market size is expected to see strong growth in the next few years. It will grow to $13 billion in 2028 at a compound annual growth rate (CAGR) of 9.3%. The growth in the forecast period can be attributed to rise in premium pet products, preference for sustainable materials, focus on recyclability, hygiene and freshness preservation, interactive packaging experiences.. Major trends in the forecast period include innovative packaging designs, customization and personalization, digital printing, transparency in labeling, collaborations for innovation, online subscription services, e-commerce packaging solutions..

Segmentation & Regional Insights The flexible pet care packaging market covered in this report is segmented –

1) By Packaging: Cans, Bags and Pouches, Folding Cartons, Tubes, Blister Packs, Plastic Bottles and Jars 2) By Material: Plastic, Paper and Paperboard, Metal, Other Packaging Materials 3) By Application: Dry Food, Wet Food, Frozen 4) By End Use: Cats, Dogs, Birds, Other End Uses

North America was the largest region in the flexible pet care packaging market in 2023. Asia-Pacific is expected to be the fastest-growing region in the flexible pet care packaging market report during the forecast period. The regions covered in the flexible pet care packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Major Driver Impacting Market Growth Rising pet ownership is expected to propel the growth of the flexible pet care packaging market going forward. Pet ownership refers to any individual who has custody of or owns a dog, cat, or other domestic pet. More individuals are adopting dogs as a result of demographic shifts and increased income levels which increases the demand for pet care products and packaging. For instance, according to a 2021–2022 survey conducted by the American Pet Products Association (APPA), a US-based not-for-profit industry association that represents more than 1000 pet product manufacturers, importers of pet products, and suppliers of products for non-pet livestock, in the United States, 69 million households have dogs, compared to 45.3 million households with cats. Therefore, the rising pet ownership in flexible pet care packaging is expected to drive the growth of the flexible pet care packaging market.

Key Industry Players

Major companies operating in the flexible pet care packaging market report are Amcor PLC, Aptar Group Inc., Ardagh Group SA, Coveris Holdings SA, Crown Holdings Inc., Constantia Flexibles Group GmbH, KapStone Paper and Packaging Corporation, Mondi Group PLC, ProAmpac LLC, Sonoco Products Company, Kendall Packaging Corporation, Formell Industries Inc., Ball Corporation, Bemis Company Inc., Berry Plastics Corporation, Gateway Packaging Pty Ltd., Graphic Packaging Holding Company, Greif Inc., Printpack Inc., WestRock Company, American Packaging Corporation, Silgan Holdings Inc., Berlin Packaging LLC, Interflex Group Inc., Reynolds Group Holdings Limited, TCL Packaging Ltd., The InterFlex Group Inc., NNZ Group B.V., Huhtamaki OYJ, Winpak Ltd., Sealed Air Corporation, Smurfit Kappa Group, DS Smith PLC, Scholle Ipn Corporation, Glenroy Inc., Uflex Ltd., Wipak Group, Flextrus AB .

The flexible pet care packaging market report table of contents includes:

1. Executive Summary

2. Flexible Pet Care Packaging Market Characteristics

3. Flexible Pet Care Packaging Market Trends And Strategies

4. Flexible Pet Care Packaging Market — Macro Economic Scenario

5. Global Flexible Pet Care Packaging Market Size and Growth

. . .

31. Global Flexible Pet Care Packaging Market Competitive Benchmarking

32. Global Flexible Pet Care Packaging Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Flexible Pet Care Packaging Market

34. Flexible Pet Care Packaging Market Future Outlook and Potential Analysis

35. Appendix

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