About Frozen Seafood Packaging
Frozen seafood packaging is packaging employed for frozen seafood to accommodate its texture and store it safely without letting it perish or smell. The frozen food packaging material needs to be strong and flexible to accommodate the changes like moisture content and food weight increment and hence the material should be able to withstand freezing temperatures between zero degrees to -40 degrees. The rising demand for the packaged food causes the frozen seafood packaging industries to innovate and expand.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global market for frozen seafood packaging is fragmented by global key players owing to the packaging needs for the frozen seafood to keep its nutritious content and flavors intact. Although the emerging players should focus upon the R&D in new material and packaging techniques for safer packaging to grab the market share. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Frozen Seafood Packaging market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Robert Mann Packaging Inc (United States), Seafood Packaging Inc. (United States), Covertech Flexible Packaging Inc. (Canada), Plastic Ingenuity Inc. (United States), Golden Eagle Extrusions, Inc. (United States), RM Converters Private Limited (India), Sonoco Products Company (United States), Amcor PLC (Australia), Smurfit Kappa (Ireland) and DS Smith (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are ULMA Packaging (United Kingdom) and FFP Packaging Ltd. (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global Frozen Seafood Packaging market by Type (Flexible Packaging and Rigid Packaging), Application (Raw Seafood and Processed Seafood) and Region.
On the basis of geography, the market of Frozen Seafood Packaging has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Packaging Type, the sub-segment i.e. Plastic Bags & Pouches (polyethylene will boost the Frozen Seafood Packaging market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancements including Improved Packaging Designs, Value-Added Features Including Zippers, Top Notches, and Improved High-Quality Graphics
Market Growth Drivers:
Growth in Demand for Ready-To-Eat and Convenience Food Products and Rise in Demand for Safe Packaging to Prolong Shelf Life of Frozen Food
Challenges:
Deterioration of Sea Food Shelf Life due to Mishandling and Storage Conditions and Depleting Seafood Stocks Due to Rising Levels of Sea Pollution
Restraints:
Volatile Seafood Pricings due to Weather Factor and Perishability and Food contamination due to Microbial Decay
Opportunities:
Growing Demand in Hotel and Catering Industry and Rising Popularity of Supplements and Nutraceuticals
Market Leaders and their expansionary development strategies
In August 2019, Sonoco acquired its complete acquisition of Corenso Holdings America. The acquisition is predicted to enhance the merchandise portfolio of Sonoco in the frozen food packaging sector.
In August 2022, Parkside launched recyclable paper packaging for frozen food. The packaging project, printed using flexo, is a significant milestone for both Iceland in its pursuit of plastic-free packaging and the frozen food sector, as it represents one of the first successful applications of paper flexible packaging for frozen food.
Key Target Audience
Frozen Seafood Packaging Manufacturer, Suppliers/Distributors, Research Institutes, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.