Global frozen food packaging market 2016-2020
In a new report Technavio's analysts forecast the global frozen food packaging market, to grow at a CAGR of around 5% between 2016 and 2020. Innovative packaging solutions are gaining prominence in the frozen food industry, owing to the rising need to reduce food waste, and increase the shelf life of food products that are sensitive to changes in environmental conditions.
Meat, poultry and seafood is the most popular segment in the market, and is expected to occupy 34% of the overall market share by 2020. People are increasingly preferring packed meat, poultry, and seafood products, owing to the growing trend towards ready-to-eat packaged products (Press Release Technavio, 1 February 2016).
Click here for the press release.
Click here for more information about the report.
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