Eco-friendly Food Packaging Market, By Type (Recycled Content Packaging, Degradable Packaging, and Reusable Packaging), By Application (Food, Bakery & Confectionery, Convenience Food, Meat, Fish, & Poultry, Fruits & Vegetables, Dairy Products, and Other Food Products), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2025

Report Code: PMI426520 | Publish Date: April 2023 | No. of Pages: 143

Global Eco Friendly Food Packaging Market Overview

Eco-friendly products are mainly formed by biological agents such as bacteria and fungi into raw materials. Eco-friendly goods include those that comprises of food waste, paper, fabric and wood. Eco-friendly packaging is usually defined as a means of giving a naturally degradable protection applied majorly for information, identification, presentation, and convenience for products from production to utilization. To qualify as eco-friendly, a product must be biodegradable, compostable, recyclable, or a combination of the three. It must be so without sacrificing any of the food-protection properties that plastic offers.

Global Eco Friendly Food Packaging Market Dynamics

Government initiatives toward eco-friendly packaging

Consumer awareness and stringent government rules about the hazards of using single-use plastic products for food packaging are driving the growth of the eco-friendly food packaging market across the globe. Regulations for single-use plastics are very harsh in the European region. The European region is projected to account significant opportunities for industry expansion, due to favorable government policies adopted by the European Union in stimulating use of eco-friendly food packaging and creating a sustainable environment. Moreover, application of the Horizon 2020 strategy by European Commission has resulted in expanding development of new bio-based products, which is anticipated to have a positive impact on the eco-friendly food packaging market.

Key trends driving growth of the target market

Growth in solid municipal waste, companies are moving toward substitutes, such as starch, seaweed, aluminum cans, paper & paperboards, and other reusable and recyclable products for their food & beverage products. Recycling and reusing of products decreases the generation of waste. Additionally, degradable materials are degraded by micro-organisms present in the soil without destroying nature. Therefore, there demand for such products is high in the global market. Increasing recycling and waste recovery, downsizing or light weighting, rising use of recycled content, growing use of renewably sourced materials, and improvements in packaging and logistical efficiency are some of the key industry trends for the target market.

However, fluctuating price level of raw materials and high production cost can limit growth of the global market. Additionally, factors like stringent recycling proceedings and poor recycling facilities can curb down the potential of the global market.

Global Eco Friendly Food Packaging Market Segmentation

The global eco-friendly food packaging market is segmented based on type, application, and region.

On the basis of type, the global eco-friendly food packaging market is segmented into recycled content packaging, degradable packaging, and reusable packaging. Based on application, the target market is segmented into food, bakery & confectionery, convenience food, meat, fish, & poultry, fruits & vegetables, dairy products, and other food products.

Regional Insights:

On region the global eco-friendly food packaging market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The eco-friendly food packaging market in Asia Pacific is estimated to register the largest growth owing to increasing demand for convenience foods because of busy lifestyles of consumers. Stringent laws and regulations undertaken by governments and governing bodies, as well as a shift in consumer preferences toward eco-friendly and recyclable packaging materials is also driving growth of the target market in this region. The North American region dominates the global eco-friendly packaging market with the maximum share percentage and is projected to maintain its dominance over the forecast period. The region is dominated by the United States in terms of contribution and growth. The increasing demand from the industrial as well as manufacturing sector in this region boosts the market in a positive manner.

Report Scope:

Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2025

Market representation

Revenue in USD Million & CAGR from 2020 – 2025

Market Segmentation

By Type - Recycled Content Packaging, Degradable Packaging, and Reusable Packaging

By Application– Food, Bakery & Confectionery, Convenience Food, Meat, Fish, & Poultry, Fruits & Vegetables, Dairy Products, and Other Food Products

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest application trends and opportunities in each of the sub-segments from 2019 to 2025. For the purpose of this study, has segmented the global eco-friendly food packaging market report based on type, application, and region.

Global Eco-friendly Food Packaging Market, By Type:

  • Recycled content packaging
  • Degradable packaging
  • Reusable packaging

Global Eco-friendly Food Packaging Market, By Application:

  • Food
  • Bakery & Confectionery
  • Convenience Food
  • Meat, Fish, and Poultry
  • Fruits & Vegetables
  • Dairy Products
  • Other Food Products
    • Beverages
    • Alcoholic Beverages
    • Non-Alcoholic Beverages

 Global Eco-friendly Food Packaging Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global Eco Friendly Food Packaging Market Key Players

The key players operating the global eco-friendly food packaging market includes Bemis Company, Inc., Amcor Limited, Mondi Plc, Sealed Air Corporation , Ball Corporation , Tetra Laval International S.A., BASF SE, Mondi Plc., WestRock Company, and Sonoco Products Company. Manufacturing packaging companies such as Mondi, Amcor, DuPoint, Tetra Lava, and Sealed Air procure raw materials to manufacture finished products. These products are then transported to end-use industries through various distribution channels, including wholesalers, vendors, and distributors. In some cases, manufacturing companies have formed strategic partnerships and direct alliances with application industries. For instance on January 2020, Evergreen Packaging, an innovative leader in plant-based packaging solutions, declared a partnership that brings together its fully renewable ice cream board, Stanpac Packaging and Oatly Non-dairy Frozen Dessert to offer a package that meets Oatly’s focus on environmental sustainability and responsibility.

Global Eco Friendly Food Packaging Market Company Profile

  • Bemis Company, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Amcor Limited
  • Mondi Plc
  • Tetra Laval International S.A.
  • BASF SE
  • Mondi Plc.
  • WestRock Company
  • Sonoco Products Company
  • Sealed Air Corporation
  • Ball Corporation

 “*” marked represents similar segmentation in other categories in the respective section

Global Eco Friendly Food Packaging Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Eco-friendly Food Packaging Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Type
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Global Eco-friendly Food Packaging Market, By Type, 2020 – 2025, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2025
      • Y-o-Y Growth Analysis (%), 2020 – 2025
      • Segment Trends
    • Recycled Content Packaging
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2025
    • Degradable Packaging
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2025
    • Reusable Packaging
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2025
  6. Global Eco-friendly Food Packaging Market, By Application, 2020 – 2025, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2025
      • Y-o-Y Growth Analysis (%), 2020 – 2025
      • Segment Trends
    • Food
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2025
    • Bakery & Confectionery
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2025
    • Convenience Food
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2025
    • Meat, Fish, & Poultry
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2025
    • Fruits & Vegetables
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2025
    • Dairy Products
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2025
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2025
  7. Global Eco-friendly Food Packaging Market, By Region, 2020 – 2025, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2025
      • Y-o-Y Growth Analysis (%), 2020 – 2025
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2025
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2025
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2025
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2025
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2025
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2025
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2025
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2025
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2025
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2025
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2025
      • Market Size  and Forecast (US$ Mn), By Country, 2020 – 2025
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2025
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2025
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2025
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  9. Company Profiles
      • Bemis Company, Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
        • Business Strategies
      • Amcor Limited
      • Mondi Plc
      • Tetra Laval International S.A.
      • BASF SE
      • Mondi Plc.
      • WestRock Company
      • Sonoco Products Company
      • Sealed Air Corporation
      • Ball Corporation
  10. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The eco-friendly food packaging market is segmented into type, application, and region.

Factors driving market growth include increasing consumer awareness of environmental issues, regulatory support for sustainable packaging, and the adoption of eco-friendly materials in the food industry.

Global restraints may involve the higher cost of eco-friendly materials, challenges in preserving food freshness, and the need for improved recycling infrastructure.

The report covers North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is estimated to witness a significantly high revenue share over the forecast period.

The key players operating the global eco-friendly food packaging market includes Bemis Company, Inc., Amcor Limited, Mondi Plc, Sealed Air Corporation , Ball Corporation , Tetra Laval International S.A., BASF SE, Mondi Plc., WestRock Company, and Sonoco Products Company. Manufacturing packaging companies such as Mondi, Amcor, DuPoint, Tetra Lava, and Sealed Air procure raw materials to manufacture finished products.