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Germany Fresh Food Packaging Market Forecast Report 2024-2029, with Profiles of Mondi, DS Smit, Coveris, Smurfit Kappa and Sealed Air


Germany Fresh Food Packaging Market Forecast Report 2024-2029, with Profiles of Mondi, DS Smit, Coveris, Smurfit Kappa and Sealed Air

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German market for fresh packaging

German market for fresh packagingGerman market for fresh packaging

German market for fresh packaging

Dublin, August 14, 2024 (GLOBE NEWSWIRE) — The report “Germany: Fresh Food Packaging Market – Forecasts from 2024 to 2029” has been added to The Offer.

The German fresh food packaging market is expected to grow at a compound annual growth rate (CAGR) of 4.58% and reach a value of USD 453,183 million by 2029 (in 2024, the estimated value was USD 362,321 million).

The German fresh food packaging market is driven by several important factors such as increasing health awareness among consumers, concern about contamination in food and active lifestyles, which will increase the demand for ready-to-eat fresh produce. For example, according to CBI Foreign Ministry, Germany’s dependence on fresh fruits and vegetables is increasing tremendously and the country is the largest importer of vegetables in Europe and the second largest importer of fruit after the Netherlands in 2023. This will likely lead to higher demand for packaged fresh fruit in the German market.

Increasing debates and concerns about plastic packaging pollution are expected to increase the demand for recycled plastic packaging worldwide in the coming years. For example, Mondi, a leading player in the packaging and paper industry, unveiled its two new recyclable packaging products at Anuga FoodTec in Cologne in April 2022. The paper-based tray and the semi-rigid plastic tray are its unique products that offer high-density food protection, reflecting the growing importance of packaging in the fresh produce industry and reducing food waste.

Furthermore, the demand for eco-friendly technologies to provide food of the highest quality of freshness is expected to boost the market growth by the forecast period in various cities of Germany. Moreover, the emphasis on waste reduction in food packaging in other European countries will lead to several innovations in the coming years.

The German fresh food packaging market is expected to grow steadily, owing to the rise in demand for fresh food in the country and growing import of consumer-oriented agricultural products. In addition, strong growth in the food and beverage sector and efforts to promote sustainability of food packaging have paved the way for future market expansion.

Increasing online grocery shopping and e-commerce are expected to drive market growth.

Germany is witnessing a rise in online grocery shopping as well as the grocery delivery industry due to the increasing online population. The online population in Germany is expected to grow manifold, reflecting potential growth prospects in the long run. For example, according to the International Trade Administration, the online population in the country will increase from 62.4 million in 2020 to 68.4 million in 2025. This will lead to an increase in demand for home delivery of packaged food and fresh food and will require additional packaging to survive and handle transportation, which will lead to an increase in demand for fresh food packaging in Germany.

The poultry and meat products segment is expected to drive market growth.

Germany is among the leading milk producing nations, recording a production output of 31.9 million tons in 2022. According to the 2023 annual report of the Federal Association of the German Food and Beverage Industry, milk and dairy products accounted for around 17.1% of the total volume in German food processing in 2022, while meat products accounted for almost 21.5%. The country is experiencing an increase in the consumption trend of milk and dairy products such as cheese and yogurt.

According to the European Dairy Federation, milk supply in Germany increased by 1.5% in 2023, reaching a total of 0.4 million tonnes. In addition, according to the same source, the country also recorded a moderate increase in its cheese consumption. With such growing consumption, the demand for packaging solutions that offer a longer shelf life and preserve overall product quality is also expected to increase.

Furthermore, the country’s strong population growth, growing health awareness, and vegan culture coupled with improving per capita consumption by consumers have paved the way for future market growth. According to the World Bank, the population of Germany in 2022 was 83.797 million, an increase of 0.7%.

The government initiatives in the country are expected to have a positive impact on the market growth. These include various steps to combat the growing waste and environmental problem such as banning single-use plastic. Moreover, significant investment measures to promote the use of sustainable materials, especially in the food and beverage sector for packaging applications, will boost the demand for more packaging supplies in the coming years. Such investments and subsidies have created new growth prospects for the use of sustainable packaging materials in the German food and beverage sector.

Key players:

  • Sealed Air’s core corporate strategy is to create unparalleled packaging solutions for customers through the use of advanced materials, integrated automation, digital solutions and sustainability. In addition, through its sustainable business operations, the company aims to achieve its ambitious goal of achieving carbon neutrality by 2040. This is in line with the successful implementation of the company’s sustainability strategy. The company set a goal of reducing greenhouse gas emissions from its operations by 25% by 2020, but has exceeded its goal, achieving 44% reduction in emissions.

  • Mondi is one of the leading providers of food packaging solutions and offers various paper-based packaging solutions for fresh food for the German market.

  • DS Smith’s specialty packaging solutions for food and beverages focus on improving wellbeing and personal health.

  • Smurfit Kappa is a FTSE 100 company that provides paper-based packaging solutions to the packaging industry. The company is one of the leading providers of corrugated packaging solutions in Europe.

Main features:

Report Attribute

Details

Number of pages

82

Forecast period

2024 – 2029

Estimated market value (USD) in 2024

362.32 million US dollars

Projected market value (USD) until 2029

453.18 million US dollars

Average annual growth rate

4.5%

Regions covered

Germany

Main topics covered:

1. INTRODUCTION

2. RESEARCH METHODOLOGY

3. SUMMARY
3.1 Main results

4. MARKET DYNAMICS
4.1. Market drivers
4.2. Market restrictions
4.3. Porter’s Five Forces Analysis
4.4. Industry value chain analysis
4.5. Analyst view

5. GERMANY FRESH FOOD PACKAGING MARKET BY MATERIAL
5.1. Introduction
5.2. Plastic
5.3. Paper and cardboard
5.4. Glass
5.5. Metal

6. GERMAN MARKET FOR FRESH FOOD PACKAGING BY APPLICATION
6.1. Introduction
6.2. Poultry and meat products
6.3. Dairy products
6.4. Products (vegetables and fruit)
6.5. Seafood
6.6. Miscellaneous

7. COMPETITIVE ENVIRONMENT AND ANALYSIS
7.1. Key players and strategy analysis
7.2. Market share analysis
7.3. Mergers, acquisitions, agreements and cooperations
7.4. Competition Dashboard

8. COMPANY PROFILES

  • Mondi

  • DS Smit

  • Coveris

  • Smurfit-Kappa

  • Sealed air

For more information about this report visit https://www.researchandmarkets.com/r/iuk5f

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