Produce Packaging Market Size & Share | Industry Trends Analysis Report for 2033

ByNiranjan karde

The global produce packaging market is poised to witness robust demand, projected to attain a total valuation of US$ 34,470.9 million in 2023, surging to US$ 44,447.6 million by 2033. Future Market Insights (FMI) forecasts a steady 2.6% Compound Annual Growth Rate (CAGR) in produce packaging sales between 2023 and 2033.

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Several trends are driving the demand for produce packaging, shaping its growth trajectory. A notable trend is the escalating demand for fresh and organic food products. As consumers increasingly prioritize health and environmental concerns, their inclination towards fresh and organic food choices has soared. Consequently, this surge in demand for such products has directly propelled the need for efficient produce packaging solutions, a trend that is expected to perpetuate market growth.

Another significant trend impacting produce packaging sales is the rising preference for meat- and gluten-free food products. The growing adoption of vegetarian, vegan, or specialized diets has led to an increased consumption of fresh produce. This dietary shift, in turn, drives the demand for produce packaging supplies, further contributing to the market’s expansion. As these trends continue to influence consumer choices, the produce packaging market is set to flourish.

Blockchain produce packaging is a key trend that is gaining popularity in the produce packaging market. Blockchain is a way to store data that makes system updates, hacks, and fraud very hard or impossible. Blockchain makes it possible for customers and businesses to track products back to their place of origin. It’s as easy as putting a QR code on a package to get information quickly. This smart feature has increased transparency and quality assurance for customers, which is why many companies have already adopted blockchain for the same reason.

Nestlé, a Swiss food company, put a QR code on each package of the Swedish coffee brand Zogas in 2020. Consumers have access to information about coffee farmers, harvest times, roasting times, and shipping certificates that go back to where the coffee was grown. IBM FoodTrust’s blockchain technology platform is used to do these things. This package’s new idea is likely to appeal to coffee drinkers who care about doing the right thing and who value sustainability.

In November 2021, Graphic Packaging Holding Company, which is a United States-based vertically-integrated provider of sustainable consumer packaging solutions, acquired AR Packaging Group for US$ 1.45 billion. The acquisition is expected to help Graphic Packaging strengthen its position as a provider of sustainable fiber-based packaging alternatives to consumer-packaged goods companies around the world. AR Packaging Group is a company in the United States that makes fiber-based consumer packaging.

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Key segments

Application:

  • Food Grains
  • Vegetables
  • Fruits

End User:

  • Growers/Shippers
  • Re-packers
  • Retail Stores

Packaging Type:

  • Corrugated Boxes
  • Bags & Liners
  • Plastic Containers (Cups, Tubs, Bowls, etc.)
  • Trays
  • Other Packaging (Plastic Film, Molded Pulp Containers, Wooden Crates, etc.)

Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific excluding Japan (APEJ)
  • The Middle East & Africa
  • Japan