Frozen Food Packaging Market Growth, Forecast and Value Chain 2017-2027

Introduction:

The growing urbanization and fast paced lifestyle means less time for cooking a traditional home cooked meal. In addition, the number of females going out for jobs has increased the dependency on readymade and convenience food. All these factors have led to the rise in demand for frozen food which further accelerated the growth in frozen food packaging market.

Frozen foods are preferred over fresh foods, as it can be stored for longer periods and also can be prepared in very less time. The packaging for frozen food also increases the shelf life of the product and maintains the nutrition value for the food items. One of the reasons for the growth in the frozen food packaging market is that the packaging has become an important factor in the food industry and the continuous innovation and development in the packaging of food items attracts the customer and hence drives the overall growth in the frozen food market.

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Frozen Food Packaging Market Dynamics:

The most important factor which has accelerated the growth of frozen food packaging market is the growth in the demand for frozen food. The global frozen food market is expected to grow at a CAGR of around 4% during the forecast period of 2016- 2024. Some of the factors which have fueled this growth are dynamic lifestyle, urbanization, changing food habits, increasing disposable income, increase interest in international foods, increase in number of nuclear families and   easy availability of products due to rise in number of retail chains. Furthermore, the increase in investments for innovative packaging and development of new features in the existing products by the vendors drives the growth in the frozen food packaging market. Some of the innovating packaging trends like tear notch, hanging holes, sealable zippers, single serve packaging further drives the demand for frozen food packaging market....