The frozen food packaging machines market size is projected to be worth US$ 1,638.5 million in 2023. The market is likely to surpass US$ 2,618.6 million by 2033 at a CAGR of 4.8% during the forecast period. With the rise in the demand for frozen foods globally, the growth of frozen food packaging machines is observed. Due to the rise in industrialization, busy lifestyles and the advancement in technologies, the demand of consumers for frozen food is increasing. The rising number of emerging nations is increasing the demand for packaged ready-to-eat products. The companies operating in the market are adopting automated packaging in order to improve the efficiency of the packaging system. With the help of packaging machines, frozen foods can be packed with high precision, high efficiency, low labor cost, and in less time.
Other Drivers Propelling the Demand for Frozen Food Packaging Machines include:
Challenges for Companies /Manufacturers in the Frozen Food Packaging Machines Market:
Opportunities in the Frozen Food Packaging Machines Industry:
Latest Trends in the Frozen Food Packaging Machines Market:
| Attribute | Details |
|---|---|
| Frozen Food Packaging Machines Market Size (2023) | US$ 1,638.5 million |
| Frozen Food Packaging Machines Market Projected Size (2033) | US$ 2,618.6 million |
| Value CAGR (2023 to 2033) | 4.8% |
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From 2018 to 2022, the global Frozen Food Packaging Machines market experienced a CAGR of 2.9%, reaching a market size of US$ 1,563.5 million in 2022.
From 2018 to 2022, with the rise in the e-commerce sector and online grocery stores, the demand for frozen food has increased which drives the market growth. In addition, with the ability to store and preserve frozen foods with enhanced packaging the growth of the frozen food packaging machine can be seen. Substantial demand is witnessed for packaged food, as it is convenient and quick.
Looking ahead, the global frozen food packaging machines industry is expected to rise at a CAGR of 4.8% from 2023 to 2033. During the forecast period, the market size is expected to reach US$ 2,618.6 million.
With the advancement in technology and the rise of e-commerce, the adoption rate of the frozen food is increasing. With the rise in the disposable income of consumers in emerging economies, there is a boost in the growth in the market. The convenience and the availability of ready-to-eat products is uplifting the market. Easy availability of frozen food at various retail outlets is likely to augment the demand frozen food packaging machines market.
East Asia & South Asia region holds the largest market share and dominates the growth of the market with the maximum number of key players in the market. The significant growth of the online grocery is further boosting the growth of the frozen food packaging machines market.
Principal Consultant
| Country | China |
|---|---|
| Market Size (US$ million) by End of Forecast Period (2033) | US$ 209.5 million |
| CAGR % 2023 to End of Forecast (2033) | 6.5% |
The frozen food packaging machines industry in the China is expected to reach a market share of US$ 209.5 million by 2033, expanding at a CAGR of 6.5%. According to Mitsui & Co. Global Strategic Studies Institute (MGSSI), in recent years, with the expansion of supermarket operations, cold chain logistics networks are being developed. Additionally, the Chinese government turned its attention to the development of cold chain logistics in December 2021 when it unveiled its first strategy (14th Five-Year strategy (2021-2025)).
The plan estimates that China's refrigerated and frozen warehouse capacity and refrigerated vehicle fleet size will be 180 million m3 and 287,000 units, respectively, in 2020, two and two and a half times bigger than in 2015. The government also plans to build a nationwide cold chain distribution network and increase the cold chain distribution rates for meat, fruits and vegetables, and marine products to 85%, 30%, and 85%, respectively, by 2025. The prepared food market such as frozen food will continue to grow because of policy encouragement for the development of the cold chain logistics, which are essential to the distribution of prepared foods. Thus, this will have a positive impact on frozen food packaging machines market.
| Country | India |
|---|---|
| Market Size (US$ million) by End of Forecast Period (2033) | US$ 189.4 million |
| CAGR % 2023 to End of Forecast (2033) | 5.8% |
The frozen food packaging machines industry in India is anticipated to reach a market share of US$ 189.4 million, moving at a CAGR of 5.8 % during the forecast period. The rising trend of online grocery shopping is the main factor boosting the growth in the Indian market. In addition, with the rise in consumption of packaged food, the frozen food packaging market is growing in India.
The pouches segment is expected to dominate the frozen food packaging machines industry with a CAGR of 5.4% from 2023 to 2033. This segment captures a significant market share in 2023 due to the high demand ready to eat meals and takeaways. Furthermore, pouches are lighter and take up less space, due to this; the manufacturers can save the transport cost and ship more products. Reusable pouches give consumers the choice to serve only a portion of the contents in the bag at once and store the rest for later, extending the shelf life of the products.
The vacuum packaging machine segment is expected to dominate the frozen food packaging machines industry with a CAGR of 4.8% from 2023 to 2033, due to its high efficiency, and helps to increase the shelf life of the products without having to add preservatives.
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The major key players are focusing on research and development, which can increase the efficiency of the machine. The frozen food packaging machines industry is highly competitive, with many new players entering the market. In such a scenario, key players must adopt effective strategies to stay ahead of the competition.
Key Strategies Adopted by the Players
The major key players are collaborating with each other to gain competitive advantage, and also gain access to advanced technologies.
The major key players are focusing reducing the cost of the production and increase the efficiency and accuracy, which can be affordable for small and medium scale. This can eventually increase the adoption rate of the frozen food packaging machines.
The major key players are investing and expanding their channels into the emerging economies which can help them gain market position. And will help them to increase their customer base.
The market may reach a potential value of US$ 1,638.5 million in 2023.
Through 2033, the market may accelerate progressively at a CAGR of 4.8%.
The estimated value of the global market in 2033 is US$ 2,618.6 million.
India's market is predicted to accelerate at a CAGR of 5.8% by 2033.
The vacuum packing machines segment is poised to dominate the market from 2023 to 2033, scaling at a CAGR of 4.8%.
1. Executive Summary
1.1. Global Market Outlook
1.2. Market Analysis
1.3. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Sustainable Trends
3.3. Technological Trends
3.4. Product Innovation / Development Trends
4. Key Success Factors
4.1. Product Adoption / Usage Analysis
4.2. Product USPs / Features
4.3. Strategic Promotional Strategies
4.4. Go-to-market Strategies
5. Global Market Demand Analysis 2018 to 2022 and Forecast, 2023 to 2033
5.1. Historical Market Volume (Units) Analysis, 2018 to 2022
5.2. Current and Future Market Volume (Units) Projections, 2023 to 2033
5.3. Y-o-Y Growth Trend Analysis
6. Global Market - Pricing Analysis
6.1. Regional Pricing Analysis
6.2. Global Average Pricing Analysis Benchmark
7. Global Market Demand (in Value or Size in US$ Million) Analysis 2018 to 2022 and Forecast, 2023 to 2033
7.1. Historical Market Value (US$ Million) Analysis, 2018 to 2022
7.2. Current and Future Market Value (US$ Million) Projections, 2023 to 2033
7.2.1. Y-o-Y Growth Trend Analysis
7.2.2. Absolute $ Opportunity Analysis
8. Market Background
8.1. Global Packaging Machinery Market Overview
8.2. Forecast Factors - Relevance & Impact
8.3. Value Chain Analysis & Profitability Margin
8.3.1. Exhaustive List of Component Suppliers
8.3.2. Exhaustive List of Distribution Machines/ Converters/Distributors
8.3.3. Exhaustive List of Brand Owners/ Customer Base
8.4. Case-based Scenario – Impact Assessment
8.4.1. Current Statistics
8.4.2. Short-Mid-Long Term Outlook
8.4.3. Likely Rebound
8.5. Market Dynamics
8.5.1. Drivers
8.5.2. Restraints
8.5.3. Opportunity Analysis
8.6. Supply Demand Analysis
8.6.1. Import /Export Analysis
9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Machine Type
9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Million) and Volume (Units) Analysis By Machine Type, 2018 to 2022
9.3. Current and Future Market Size (US$ Million) and Volume (Units) Analysis and Forecast By Machine Type, 2023 to 2033
9.3.1. Vertical Packaging Machines
9.3.2. Horizontal Packaging Machines
9.3.3. Tray Sealers
9.3.4. Vacuum Packaging Machines
9.3.5. Thermoforming Packaging Machines
9.3.6. Bagging Machines
9.3.7. Cartoning Machines
9.4. Market Attractiveness Analysis By Machine Type
10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Packaging Type
10.1. Introduction/Key Findings
10.2. Historical Market Size (US$ Million) and Volume (Units) Analysis By Machine Type, 2018 to 2022
10.3. Current and Future Market Size (US$ Million) and Volume (Units) Analysis and Forecast By Packaging Type, 2023 to 2033
10.3.1. Rigid
10.3.1.1. Boxes
10.3.1.2. Tubs & Cups
10.3.1.3. Cans
10.3.1.4. Trays
10.3.2. Flexible
10.3.2.1. Pouches
10.3.2.2. Bags
10.3.2.3. Sachets & Flow Packs
10.4. Market Attractiveness Analysis By Packaging Type
11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
11.1. Introduction / Key Findings
11.2. Historical Market Size (US$ Million) and Volume (Units) Analysis By Application, 2018 to 2022
11.3. Current and Future Market Size (US$ Million) and Volume (Units) Analysis and Forecast By Application, 2023 to 2033
11.3.1. Meat, Poultry & Seafood
11.3.2. Fruits & Vegetables
11.3.3. Dairy
11.3.4. Ready-to-Eat
11.3.5. Bakery & Confectionery
11.4. Market Attractiveness Analysis By Application
12. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
12.1. Introduction / Key Findings
12.2. Historical Market Size (US$ Million) and Volume (Units) Analysis By Region, 2018 to 2022
12.3. Current and Future Market Size (US$ Million) and Volume (Units) Analysis and Forecast By Region, 2023 to 2033
12.3.1. North America
12.3.2. Latin America
12.3.3. East Asia
12.3.4. South Asia & Pacific
12.3.5. Western Europe
12.3.6. Eastern Europe
12.3.7. Central Asia
12.3.8. Russia & Belarus
12.3.9. Balkan & Baltic Countries
12.3.10. Middle East and Africa (MEA)
12.4. Market Attractiveness Analysis By Region
13. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
13.1. Introduction / Key Findings
13.2. Historical Market Size (US$ Million) and Volume (Units) Analysis by Market Taxonomy, 2018 to 2022
13.3. Current Market Size (US$ Million) and Volume (Units) Analysis and Forecast by Market Taxonomy, 2023 to 2033
13.3.1. By Region
13.3.1.1. USA
13.3.1.2. Canada
13.3.2. By Machine Type
13.3.3. By Packaging Type
13.3.4. By Application
13.4. Market Attractiveness Analysis
13.4.1. By Region
13.4.2. By Machine Type
13.4.3. By Packaging Type
13.4.4. By Application
14. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
14.1. Introduction / Key Findings
14.2. Historical Market Size (US$ Million) and Volume (Units) Analysis by Market Taxonomy, 2018 to 2022
14.3. Current Market Size (US$ Million) and Volume (Units) Analysis and Forecast by Market Taxonomy, 2023 to 2033
14.3.1. By Region
14.3.1.1. Brazil
14.3.1.2. Mexico
14.3.1.3. Argentina
14.3.1.4. Rest of Latin America
14.3.2. By Machine Type
14.3.3. By Packaging Type
14.3.4. By Application
14.4. Market Attractiveness Analysis
14.4.1. By Region
14.4.2. By Machine Type
14.4.3. By Packaging Type
14.4.4. By Application
15. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
15.1. Introduction / Key Findings
15.2. Historical Market Size (US$ Million) and Volume (Units) Analysis by Market Taxonomy, 2018 to 2022
15.3. Current Market Size (US$ Million) and Volume (Units) Analysis and Forecast by Market Taxonomy, 2023 to 2033
15.3.1. By Region
15.3.1.1. China
15.3.1.2. Japan
15.3.1.3. South Korea
15.3.2. By Machine Type
15.3.3. By Packaging Type
15.3.4. By Application
15.4. Market Attractiveness Analysis
15.4.1. By Region
15.4.2. By Machine Type
15.4.3. By Packaging Type
15.4.4. By Application
16. South Asia & Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033
16.1. Introduction / Key Findings
16.2. Historical Market Size (US$ Million) and Volume (Units) Analysis by Market Taxonomy, 2018 to 2022
16.3. Current Market Size (US$ Million) and Volume (Units) Analysis and Forecast by Market Taxonomy, 2023 to 2033
16.3.1. By Region
16.3.1.1. India
16.3.1.2. ASEAN
16.3.1.3. Australia & New Zealand
16.3.2. By Machine Type
16.3.3. By Packaging Type
16.3.4. By Application
16.4. Market Attractiveness Analysis
16.4.1. By Region
16.4.2. By Machine Type
16.4.3. By Packaging Type
16.4.4. By Application
17. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
17.1. Introduction / Key Findings
17.2. Historical Market Size (US$ million) and Volume (Units) Analysis by Market Taxonomy, 2018 to 2022
17.3. Current Market Size (US$ million) and Volume (Units) Analysis and Forecast by Market Taxonomy, 2023 to 2033
17.3.1. By Region
17.3.1.1. Germany
17.3.1.2. France
17.3.1.3. Spain
17.3.1.4. Italy
17.3.1.5. United Kingdom
17.3.1.6. BENELUX
17.3.1.7. Nordics
17.3.1.8. Rest of Western Europe
17.3.2. By Machine Type
17.3.3. By Packaging Type
17.3.4. By Application
17.4. Market Attractiveness Analysis
17.4.1. By Region
17.4.2. By Machine Type
17.4.3. By Packaging Type
17.4.4. By Application
18. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
18.1. Introduction / Key Findings
18.2. Historical Market Size (US$ million) and Volume (Units) Analysis by Market Taxonomy, 2018 to 2022
18.3. Current Market Size (US$ million) and Volume (Units) Analysis and Forecast by Market Taxonomy, 2023 to 2033
18.3.1. By Region
18.3.1.1. Poland
18.3.1.2. Hungary
18.3.1.3. Austria
18.3.1.4. Czech Republic
18.3.1.5. Rest of Eastern Europe
18.3.2. By Machine Type
18.3.3. By Packaging Type
18.3.4. By Application
18.4. Market Attractiveness Analysis
18.4.1. By Region
18.4.2. By Machine Type
18.4.3. By Packaging Type
18.4.4. By Application
19. Central Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
19.1. Introduction / Key Findings
19.2. Historical Market Size (US$ million) and Volume (Units) Analysis by Market Taxonomy, 2018 to 2022
19.3. Current Market Size (US$ million) and Volume (Units) Analysis and Forecast by Market Taxonomy, 2023 to 2033
19.3.1. By Region
19.3.1.1. Kazakhstan
19.3.1.2. Kyrgyzstan
19.3.1.3. Tajikistan
19.3.1.4. Turkmenistan
19.3.1.5. Uzbekistan
19.3.2. By Machine Type
19.3.3. By Packaging Type
19.3.4. By Application
19.4. Market Attractiveness Analysis
19.4.1. By Region
19.4.2. By Machine Type
19.4.3. By Packaging Type
19.4.4. By Application
20. Russia & Belarus Market Analysis 2018 to 2022 and Forecast 2023 to 2033
20.1. Introduction / Key Findings
20.2. Historical Market Size (US$ million) and Volume (Units) Analysis by Market Taxonomy, 2018 to 2022
20.3. Current Market Size (US$ million) and Volume (Units) Analysis and Forecast by Market Taxonomy, 2023 to 2033
20.3.1. By Region
20.3.1.1. Russia
20.3.1.2. Belarus
20.3.2. By Machine Type
20.3.3. By Packaging Type
20.3.4. By Application
20.4. Market Attractiveness Analysis
20.4.1. By Region
20.4.2. By Machine Type
20.4.3. By Packaging Type
20.4.4. By Application
21. Balkan & Baltic Countries Market Analysis 2018 to 2022 and Forecast 2023 to 2033
21.1. Introduction / Key Findings
21.2. Historical Market Size (US$ million) and Volume (Units) Analysis by Market Taxonomy, 2018 to 2022
21.3. Current Market Size (US$ million) and Volume (Units) Analysis and Forecast by Market Taxonomy, 2023 to 2033
21.3.1. By Region
21.3.1.1. Romania
21.3.1.2. Greece
21.3.1.3. Bulgaria
21.3.2. By Machine Type
21.3.3. By Packaging Type
21.3.4. By Application
21.4. Market Attractiveness Analysis
21.4.1. By Region
21.4.2. By Machine Type
21.4.3. By Packaging Type
21.4.4. By Application
22. Middle East & Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
22.1. Introduction / Key Findings
22.2. Historical Market Size (US$ million) and Volume (Units) Analysis by Market Taxonomy, 2018 to 2022
22.3. Current Market Size (US$ million) and Volume (Units) Analysis and Forecast by Market Taxonomy, 2023 to 2033
22.3.1. By Region
22.3.1.1. GCC Countries
22.3.1.2. Turkey
22.3.1.3. Northern Africa
22.3.1.4. South Africa
22.3.1.5. Israel
22.3.2. By Machine Type
22.3.3. By Packaging Type
22.3.4. By Application
22.4. Market Attractiveness Analysis
22.4.1. By Region
22.4.2. By Machine Type
22.4.3. By Packaging Type
22.4.4. By Application
23. Region wise Market Analysis 2023 & 2033
23.1. USA Market Analysis
23.1.1. By Machine Type
23.1.2. By Packaging Type
23.1.3. By Application
23.2. Canada Market Analysis
23.2.1. By Machine Type
23.2.2. By Packaging Type
23.2.3. By Application
23.3. Brazil Market Analysis
23.3.1. By Machine Type
23.3.2. By Packaging Type
23.3.3. By Application
23.4. Mexico Market Analysis
23.4.1. By Machine Type
23.4.2. By Packaging Type
23.4.3. By Application
23.5. Germany Market Analysis
23.5.1. By Machine Type
23.5.2. By Packaging Type
23.5.3. By Application
23.6. UK Market Analysis
23.6.1. By Machine Type
23.6.2. By Packaging Type
23.6.3. By Application
23.7. Spain Market Analysis
23.7.1. By Machine Type
23.7.2. By Packaging Type
23.7.3. By Application
23.8. France Market Analysis
23.8.1. By Machine Type
23.8.2. By Packaging Type
23.8.3. By Application
23.9. Italy Market Analysis
23.9.1. By Machine Type
23.9.2. By Packaging Type
23.9.3. By Application
23.10. Russia Market Analysis
23.10.1. By Machine Type
23.10.2. By Packaging Type
23.10.3. By Application
23.11. China Market Analysis
23.11.1. By Machine Type
23.11.2. By Packaging Type
23.11.3. By Application
23.12. Japan Market Analysis
23.12.1. By Machine Type
23.12.2. By Packaging Type
23.12.3. By Application
23.13. India Market Analysis
23.13.1. By Machine Type
23.13.2. By Packaging Type
23.13.3. By Application
23.14. GCC Countries Market Analysis
23.14.1. By Machine Type
23.14.2. By Packaging Type
23.14.3. By Application
23.15. Australia Market Analysis
23.15.1. By Machine Type
23.15.2. By Packaging Type
23.15.3. By Application
24. Market Structure Analysis
24.1. Market Analysis by Tier of Companies
24.2. Market Share Analysis of Top Players
24.3. Market Presence Analysis
25. Competition Analysis
25.1. Competition Dashboard
25.2. Competition Benchmarking
25.3. Competition Deep Dive
25.3.1. Multivac
25.3.1.1. Overview
25.3.1.2. Product Portfolio
25.3.1.3. Profitability by Market Segments (Automation/Product/Region)
25.3.1.4. Sales Footprint
25.3.1.5. Strategy Overview
25.3.2. Ricciarelli SpA
25.3.2.1. Overview
25.3.2.2. Product Portfolio
25.3.2.3. Profitability by Market Segments (Automation/Product/Region)
25.3.2.4. Sales Footprint
25.3.2.5. Strategy Overview
25.3.3. AMAC Technologies
25.3.3.1. Overview
25.3.3.2. Product Portfolio
25.3.3.3. Profitability by Market Segments (Automation/Product/Region)
25.3.3.4. Sales Footprint
25.3.3.5. Strategy Overview
25.3.4. Syntegon
25.3.4.1. Overview
25.3.4.2. Product Portfolio
25.3.4.3. Profitability by Market Segments (Automation/Product/Region)
25.3.4.4. Sales Footprint
25.3.4.5. Strategy Overview
25.3.5. ULMA Packaging
25.3.5.1. Overview
25.3.5.2. Product Portfolio
25.3.5.3. Profitability by Market Segments (Automation/Product/Region)
25.3.5.4. Sales Footprint
25.3.5.5. Strategy Overview
25.3.6. WEIGHPACK
25.3.6.1. Overview
25.3.6.2. Product Portfolio
25.3.6.3. Profitability by Market Segments (Automation/Product/Region)
25.3.6.4. Sales Footprint
25.3.6.5. Strategy Overview
25.3.7. PAXIOM
25.3.7.1. Overview
25.3.7.2. Product Portfolio
25.3.7.3. Profitability by Market Segments (Automation/Product/Region)
25.3.7.4. Sales Footprint
25.3.7.5. Strategy Overview
26. Assumptions and Acronyms Used
27. Research Methodology
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Frozen Food Packaging Machines Market
