Seafood Packaging Market Growth Drivers and Challenges:
Growth Drivers
- Awareness Regarding Health Benefits of Seafood - As per research, seafood provided up to 75% of n-3 PUFAs, 18% of Vitamin D, 19% Vitamin B12, 6% of niacin, and 4% of Vitamin B6 required by the human body.
- Increasing Demand for Ready-to-Eat Meals – The massive growth in the ready-to-eat food is expected to surge the demand for seafood packaging. ready-to-eat food industry valued at USD 160 million in 2021.
- Advancement in Packaging Technologies – The demand for packaging, especially flexible packaging is estimated to touch USD from 200 to 220 billion by the end of 2022.
- Growing Emphasis on Fish and Agriculture Cultivation in both Developing and Developed countries- According to the UN food and agriculture organization (FAO), 87.5 million tons of aquatic animals were used as human food, as of 2020.Aquatic food production is forecasted to increase by 15% by 2030.
Challenges
- Increasing Incidence of Food Contamination - Growing regions that are contaminated with human sewage potentially led to the contamination of seafood by pathogens that possess a human source. Calicivirus, hepatitis A virus, and Salmonella type all were responsible for outbreaks of sickness linked to seafood and linked to contaminated waters. About 1.4 million illnesses attributed to foodborne illness are caused by salmonella each year in the United States.
- Unregulated Processed Products
- Unhygienic Handling Disrupts the Packaging
Seafood Packaging Market Size and Forecast:
|
Base Year |
2024 |
|
Forecast Year |
2025-2034 |
|
CAGR |
5.5% |
|
Base Year Market Size (2024) |
USD 16.93 billion |
|
Forecast Year Market Size (2034) |
USD 28.92 billion |
|
Regional Scope |
|
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of seafood packaging is estimated at USD 17.72 billion.
Seafood Packaging Market size was valued at USD 16.93 billion in 2024 and is likely to cross USD 28.92 billion by 2034, registering more than 5.5% CAGR during the forecast period i.e., between 2025-2034.
Asia Pacific is expected to dominate largest industry share by 2034.
The key market players include DS Smith, ULMA Packaging Inc, Printpack pvt ltd, Amcor plc, Winpak ltd., FFP Packaging ltd., Smurfit Kappa Group plc, Crown, Sealed Air Corporation, Silgan Holdings Inc.
