Authored By: Sarah
30 Aug 2024

Ambient Food Packaging Market Size to grow by USD 83.5 billion between 2024-2028

Technavio, a leading provider of market research reports, has released its latest study on Ambient Food Packaging Market. This report offers a comprehensive analysis of the current market trends, emerging opportunities, and key challenges. The global packaging industry, specifically ambient food packaging, faces growing concerns regarding the environmental and health implications of traditional materials, particularly plastic. With an estimated 8 million metric tons of plastic waste entering our oceans annually, the contamination of water sources, including tap water in the US, Lebanon, and India, is a pressing issue. This contamination arises from the use of non-biodegradable plastic, derived from crude oil and natural gases, which can leach harmful pollutants into food products if not properly processed before packaging. The need for eco-friendly, biodegradable alternatives to traditional packaging materials is increasingly urgent to mitigate these risks and ensure the safety and sustainability of our food supply.

Key Highlights

Growth Projections

The global ambient food packaging market  size is estimated to grow by USD 83.5 bn from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  6.36% during the forecast period. Demand for long shelf life in packaged food is driving market growth, with a trend towards adoption to ecofriendly packaging  However, high processing requirement in ambient food packaging  poses a challenge.Key market players include Amcor Plc, Ball Corp., Berry Global Inc., DuPont de Nemours Inc., FFP Packaging Ltd., KM Packaging Services Ltd, Marsden Packaging Ltd., Mondi Plc, ProAmpac Holdings Inc., SIG Group AG, and Tetra Laval SA.

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Major Findings

  • The ambient food packaging market is experiencing significant growth due to the increasing demand for extended shelf life in packaged food products. Consumers are seeking convenient and long-lasting solutions for their food needs, particularly in the context of the ongoing pandemic and busy lifestyles. Ambient food packaging, which does not require refrigeration or freezing, offers an attractive solution for both manufacturers and consumers. This trend is expected to continue, driving the growth of the ambient food packaging market in the coming years.

  • The ambient food packaging market is experiencing significant growth due to the increasing trend towards convenience food. Consumers are increasingly seeking out packaged foods that offer long shelf life and ease of use. Ambient food packaging, which allows for the storage of non-refrigerated perishable food items, is particularly well-suited to this trend. This market is poised for continued expansion as the demand for convenient, long-lasting food solutions continues to rise.

  • The ambient food packaging market demands high processing requirements due to the need for preserving food products without the use of refrigeration or freezing. This necessitates the use of advanced materials and technologies to ensure product safety, longevity, and freshness. The market is witnessing significant growth as consumers seek convenient and long-lasting food packaging solutions. Innovations in barrier materials, coatings, and active packaging technologies are driving the market forward.

  • The Ambient Food Packaging Market is subject to the volatility of raw material costs, which can significantly impact market growth. Fluctuations in the prices of materials such as plastics, metals, and paper can lead to increased production costs for manufacturers. These cost variations can result in price instability for consumers and may necessitate adjustments in supply chain strategies to mitigate risks. Proactive measures, such as long-term contracts with suppliers and diversification of raw material sources, can help mitigate the impact of raw material price volatility on the market.

Market Research Overview

The ambient food packaging market encompasses a fragmented industry, with a complex supply chain consisting of various layers. This includes raw material procurement from suppliers of metal, glass, and plastic container raw materials, such as steel, aluminum, tin, borosilicate, neutral glass, soda-lime-silica glass, treated soda-lime glass, de-alkalized soda-lime glass, high-density polyethylene (HDPE), low-density polyethylene (LDPE), polyethylene terephthalate (PET), polypropylene (PP), and polyvinyl chloride (PVC). The research and development of desired packaging solutions, large-scale manufacturing to meet market demands, and distribution through multiple channels to end-users are crucial components of this intricate value chain.

The Ambient Food Packaging Market is experiencing significant growth, fueled by the Demand for long shelf life in packaged food. Businesses are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

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Regional Insights

The Ambient Food Packaging Market is experiencing significant growth due to the increasing demand for convenient and long-lasting food solutions. This sector caters to the needs of consumers seeking extended shelf life and enhanced product preservation. Key trends include the use of advanced materials, such as barrier films and active packaging, to maintain food quality and freshness. Additionally, the market is driven by the rising popularity of ready-to-eat and on-the-go food products, as well as the increasing preference for sustainable and eco-friendly packaging solutions.

Research Analysis Overview

The Ambient Food Packaging Market has witnessed significant growth in recent years due to the increasing demand for convenience foods and on-the-go snacks. Production techniques for ambient food packaging include the use of preservatives, pasteurized packs, and sterilized packs to ensure food safety and product quality. Lightweight packaging, such as flexible and paper-based solutions, have gained popularity due to their reduced shipping cost and lower environmental impact. Refrigeration is not always necessary, as some ambient food packaging uses advanced barrier properties to prevent spoilage. Online shopping and e-commerce have fueled the growth of the ambient food packaging market, particularly in non-refrigerated food categories. However, the challenge of minimizing packaging wastage remains a concern. Sustainable packaging solutions, such as biodegradable plastics and paper-based packaging, are gaining traction. Smart packaging technologies, including sensors, data analytics, and the Internet of Things, are revolutionizing the ambient food packaging industry. These technologies enable real-time monitoring of food freshness, temperature, and other critical factors, ensuring product quality and enhancing consumer confidence. In the bakery sector, rigid packaging and paperboard solutions are commonly used for their ability to maintain product shape and texture. Overall, the ambient food packaging market is expected to continue growing, driven by consumer preferences for convenience, food safety, and sustainability.

About Technavio                                                                        

Technavio is a global market research company offering comprehensive reports and insights on various industries. Our research helps businesses make informed decisions by providing actionable data and trends. Technavio is based on four simple principles: easy-to-access reports, robust industry coverage, a focus on new and emerging technologies, and competitive pricing. We believe in helping companies and executives become better equipped to make faster, sounder, and more effective decisions. Technavio is one of the most influential market research and advisory firms in the world. We work with business and technology leaders to provide cutting-edge market research and insights to companies. 

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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