Frozen Food Packaging in The US

Frozen food packaging in the US to grow by 3.7%

Our Bureau, Mumbai, http://www.fnbnews.com/

 

The demand for frozen food packaging in the US is projected to reach 3.7 per cent per year to a huge $6.8 billion industry in 2013.

The growth will be driven by the popularity of convenience-type foods, both among consumers and food-service establishments; the prevalence of microwave ovens; and technological advances in packaging. Revenue growth in the food service industry, which relies heavily on frozen foods, will also bode well for packaging.

Additional factors supporting growth will include greater use of value-added components such as susceptors and the use of high-quality graphics for enhanced visual appeal and to convey a premium image. Preventing the faster growth will be, competition from prepared refrigerated food alternatives that are increasingly available in supermarkets and other retail food stores. These and other trends are presented in Frozen Food Packaging, a new study from The Freedonia Group, Inc., a Cleveland-based industry research firm.

Packaging for frozen specialities and for meat, poultry and seafood are expected to post the fastest gains among major frozen food applications. Demand for frozen specialities packaging is projected to expand 4.4 per cent annually to $2 billion in 2013, propelled by consumer demand for foods offering convenience and value along with quality improvements resulting from packaging innovations.

In addition, solid prospects for frozen dinner packaging will reflect the growing presence of items incorporating premium ingredients and those positioned as being healthier through reduced calories or the presence of whole-grain ingredients. Meat, poultry and seafood applications will be aided by increased production volume, the popularity of products that offer convenience in meal preparation, and the promotion of frozen meat, poultry and seafood as economical protein options. In addition, gains will be helped by continued high-volume requirements in the food service sector.

Rigid packaging, such as boxes, tubs and cups, trays, and foil containers accounts for the majority of frozen food packaging demand and will remain dominant. However, flexible packaging will log faster gains based on advantages of greater cost effectiveness, space savings capability, lighter weight and overall source reduction capabilities. Performance improvements like self-venting films and consumer convenience features such as resealable pouches and bags will also stimulate advances.

 

Claims: 
The copyrights of articles in the website belong to authors. Please inform us if there is any violation of intellectual property and we will delete the articles immediately.