The growth of the global fresh fish and seafood packaging market is attributed to the increasing demand for fresh fish and seafood, driven by the growing awareness of the health benefits of these products. In addition, stringent food safety regulations that emphasize product quality and safety, as well as the expansion of international fish and seafood trade, which requires efficient distribution and transportation, are contributing factors.

Wilmington, Delaware, August 16, 2024 (GLOBE NEWSWIRE) – Allied Market Research published a report titled: “Fresh seafood packaging market by Product Type (Rigid Packaging, Flexible Packaging, and Others), Material Type (Plastic, Paper, Metal, and Others), and Application (Fish Packaging, Shrimp Packaging, and Other Seafood Packaging): Global Opportunity Analysis and Industry Forecast, 2024-2033″According to the report, the fresh seafood packaging market was valued at $15.2 billion in 2023 and is estimated to reach $26.4 billion by 2033, growing at a compound annual growth rate of 5.7% between 2024 and 2033.

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Key growth factors

The global fresh fish and seafood packaging market is growing due to the increasing global demand for fresh fish and seafood, driven by increased health awareness and changing dietary habits. This has led to a greater need for packaging solutions designed to preserve the freshness and quality of the fish and seafood. Strict food safety regulations and rising consumer concerns about product safety have necessitated the use of modern packaging technologies such as modified atmosphere packaging and active packaging. In addition, the expansion of international fish trade and the resulting need for efficient distribution channels have increased the demand for packaging that preserves product integrity during long-distance transportation. In addition, sustainability trends and consumer preferences for convenience and portion control have spurred innovations in eco-friendly and user-friendly packaging formats.

Report scope and details:

Segment highlights

The demand for flexible packaging is driven by several factors. Most notably, consumer preferences for convenience, portability and portion control are the reason for the popularity of flexible packaging formats such as pouches and bags. In addition, the light weight of flexible packaging reduces transportation costs and environmental impact compared to rigid alternatives. Manufacturers benefit from the versatility of flexible packaging, which enables innovative designs, customizable shapes and printing options for branding and product differentiation. In addition, advances in packaging materials and technologies offer improved barrier properties that extend shelf life and preserve product freshness.

The story continues

The need for plastic for fresh seafood packaging is driven by its excellent barrier properties that protect seafood from external contaminants, moisture and oxygen, thereby extending its shelf life and preserving its freshness. Plastic packaging is lightweight and durable, making it ideal for transportation, storage and handling throughout the supply chain. In addition, plastic packaging allows for versatile designs and customization, facilitating branding and product differentiation in the competitive seafood packaging market.

The demand for fish packaging in the fresh seafood packaging industry is driven by the need to maintain product quality and safety. Effective packaging protects fish from contamination and physical damage while extending its shelf life through controlled temperature and humidity levels. Consumers are looking for convenient packaging formats for easy handling and portioning, driving demand for ready-to-cook or ready-to-eat fish products. Innovative packaging designs support brand differentiation and attract consumer attention in a competitive market. In addition, sustainable packaging materials and practices are becoming increasingly popular to address environmental concerns. Packaging decisions in the seafood industry are influenced by compliance with food safety regulations and the need for efficient logistics.

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Regional outlook

Asia Pacific is the dominant market for fresh fish and seafood packaging. This is due to the large coastal population with strong traditions of fish consumption, rapid urbanization leading to higher disposable incomes and the presence of large fish producers and exporters including China, Vietnam and India. The region is experiencing growth in the adoption of modern packaging technologies such as modified atmosphere packaging (MAP) and is expected to maintain its global leading position.

Players: –

• Amcor

• DuPont

• Winpack

• Berry Global

• Seled Air

• Coveris

• Cascades

• Kureha

• Smurfit-Kappa

• Crown Packaging

The report offers a detailed analysis of these key players in the global Fresh Seafood Packaging market. These players have adopted different strategies such as new product launch, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain their dominant shares in different regions. The report is of great value as it focuses on the business developments, operating segments, product portfolio, and strategic maneuvers of the market players to offer a comprehensive view of the competitive scenario.

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Recent development:

• In July 2020, Smurfit Kappa introduced an alternative paper-based packaging to replace EPS freezer packaging. Recently, it introduced an innovative and durable solution called Thermo Case, which effectively maintains the freshness of frozen and chilled food throughout the supply chain. Made from a combination of hexacomb and corrugated board materials, this remarkable packaging is 100% paper-based and successfully preserves frozen food such as fish at temperatures equivalent to expanded polystyrene (EPS) packaging.

• In February 2019, ULMA Packaging plans to test new packaging systems to help the industry reduce packaging waste. Innovative packaging machines are designed to minimize packaging size and waste, and enable biodegradable and recyclable products.

Trend reports from the industry:

Fresh Produce Packaging Market Size, Share Analysis and Industry Forecast, 2023-2032

Cold Food Packaging Market Analysis and Industry Forecast, 2024-2033

Biodegradable Food Packaging Market Analysis and Growth Forecast, 2023-2033

Flexible Food Packaging Market Size, Share and Industry Forecast, 2023-2034

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Allied Market Research (AMR) is a full-service market research and business consulting arm of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides unmatched quality “Market Research Reports” and “Business Intelligence Solutions” to global corporations as well as medium and small businesses. AMR has a targeted approach to provide its clients with business insights and consulting to help them make strategic business decisions and achieve sustainable growth in their respective market space.

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