Enjoy complimentary customisation on priority with our Enterprise License!
Reducing food wastage has become a major concern for most countries. According to the food and agriculture organization of the United Nations, it is estimated that nearly one-third of food produced for human consumption amounting to 1.3 billion tons is wasted annually.
Packed frozen products such as meat, bakery and confectionery products, dairy products, and daily meal products get wasted when packaged products remain unsold over a prolonged period. These wastages pose a significant threat to retailers. To overcome this problem, frozen food packaging vendors have come up with active packaging to maintain quality and increases the shelf life of food products.
In 2014, the bag segment accounted for 24% of the market share. Bags are pre-designed for specific frozen products packaged in them, unlike printed roll stock that are shaped after a product is packaged in it. Bags are available in several forms, including zipped, enclosed, and pre-opened.
The growing popularity of sustainable packaging presents an attractive opportunity for the leading vendors of this market. Over the next four years, significant investments in R&D are anticipated from the leading vendors in this market. Vendors are predicted to invest in R&D to develop packaging materials that have the ability to be recycled and are friction, moisture, and heat-resistant.
Customer convenience is a key factor driving the frozen food packaging market in the US. Working professionals who have busy schedules look for convenience in everyday products, especially food, beverages, and toiletries. Consumers demand ease of use and minimum time and effort to open, carry, and store products. Most frozen food packaging designs, such as zippers, pouring spouts, peel-off lids, and microwavable pouches provide consumers the convenience of disposing products effectively after use. Such packaging designs are produced to meet the growing consumer demand for frozen food products while offering greater convenience and portability. Many packaging companies are planning to devise innovative products. However, most of them are focused on inventing new packaging designs or attempting to redesign existing packaging. Some of the features of the new packaging designs are:
Technavio also offers customization on reports based on specific client requirement.
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
Certified ISO 9001 : 2015
We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.
We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.
Get lifetime access to our
Technavio Insights
Customized Report as per your Business Needs
Let us help you make report more suited to your requirements.
Get the report (PDF) sent to your email within minutes.
