Ambient Food Packaging Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Ambient Food Packaging Market
The ambient food packaging market size was valued at USD 78.26 billion in 2023, and the market is now projected to grow from USD 81.54 billion in 2024 to USD 122.15 billion by 2032, exhibiting a CAGR of 5.18% during the forecast period of 2024-2032.
The COVID-19 pandemic brought on a surge in call for packaged and processed ingredients, mainly ambient products no longer wanting refrigeration, because of heightened meals safety worries. Despite sizeable poor affects, the meals enterprise confronted combined fortunes at some stage in the crisis, navigating each demanding situations and possibilities.
The ambient meals packaging market is experiencing increase pushed by way of the demand for convenience food, catering to trendy lifestyles and on-the-move consumption alternatives. Consumers, mainly in city regions, are searching for without problems on hand snacks, meals, and liquids that do not require refrigeration. Ambient packaging gives a handy answer, presenting prepared-to-consume alternatives that can be stored at room temperature, aligning with the fashion of on-the-cross intake.
The integration of clever packaging technology is riding market growth by enhancing the functionality and protection of non-refrigerated food products. Leveraging IoT, sensors, and records analytics, these improvements display parameters like temperature and humidity in real-time, making sure most excellent situations for product excellent. Smart packaging enables improved inventory control, quality manage, and reduced meals waste, reaping rewards both customers and manufacturers.
Comprehensive Analysis of Ambient Food Packaging Market
The ambient food packaging market growth is rising at an exponential rate due to its market segmentation. This market growth successfully offers a detailed local exam considering the dominant deliver and demand forces that impact the industry. These segmentations are methodically segregated by material analysis, by product type analysis, by application analysis. By material analysis includes, plastic, paper & paperboard, glass, and others. By product type analysis incudes, flexible packaging products and rigid packaging products. By application analysis incudes, sauces & condiments, bakery & confectionery, pet food, fruits & vegetables, and others.
The Asia Pacific region lead the ambient food packaging market share by benefitting a market size of USD 30.57 billion in 2023 due to increased disposable income and converting life.
The pinnacle players inside the market play an important position within the enterprise assuring marketplace increase and placing market standards. These players include, Huhtamaki Oyj, Tetra Pak, Mondi, Constantia Flexibles, Amcor Limited, DuPont, Ampac Packaging, SIG Group AG, Berry Global Inc., KM Packaging, Crown Holdings Inc., Sealed Air, Clondalkin Group, Sonoco, Coveris Group, Stora Enso, O-I Packaging Solutions, Silgan Holdings Inc., COEXPAN, WINPAK LTD these market players provide a level-playing competitive landscape.
In August 2023, Amcor has brought AmFiber™ high-barrier performance paper packaging in North America, combining recyclability with barrier homes for emblem and product requirements.
Segmentation Table
Attribute Details
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 5.18% from 2024 to 2032
Unit Value (USD Billion)
Segmentation By Material
Plastic
Paper & Paperboard
Glass
Others
By Product Type
Flexible Packaging Products
- Bags & Pouches
- Films & Wraps
- Sachets & Stick Packs
- Others
Rigid Packaging Products
- Boxes & Containers
- Bottles & Jars
- Others
By Application
Sauces & Condiments
Bakery & Confectionery
Pet Food
Fruits & Vegetables
Others
By Region
North America (By Material, Product Type, Application, and Country)
- U.S. (By Material)
- Canada (By Material)
Europe (By Material, Product Type, By Application, and Country)
- Germany (By Material)
- U.K. (By Material)
- France (By Material)
- Spain (By Material)
- Italy (By Material)
- Russia (By Material)
- Poland (By Material)
- Romania (By Material)
- Rest of Europe (By Material)
Asia Pacific (By Material, Product Type, Application, and Country)
- China (By Material)
- India (By Material)
- Japan(By Material)
- Australia (By Material)
- Southeast Asia (By Material)
- Rest of the Asia Pacific (By Material)
Latin America (By Material, Product Type, Application, and Country)
- Brazil (By Material)
- Mexico (By Material)
- Argentina (By Material)
- Rest of Latin America (By Material)
Middle East & Africa (By Material, Product Type, Application, and Country)
- Saudi Arabia (By Material)
- U.A.E. (By Material)
- Oman (By Material)
- South Africa (By Material)
- Rest of the Middle East & Africa (By Material)
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