Study #: 4099 | Published: 02/2021 | Pages: 71 | Individual User License: US$ 2,900

Demand for frozen specialty food packaging is forecast to increase 4.0% per year to $3.1 billion in 2024. Sales gains will be driven by:

  • strong consumer demand for convenience-type foods
  • product innovations and a continuously expanding range of healthy and premium options, which tend to use higher value packaging
  • increased at-home meal preparation
  • the use of higher value packaging – including stand-up pouches, susceptor trays, and folding cartons with high-quality graphics – that can help differentiate products
  • expanded availability of products in portion-control sizes, with smaller servings resulting in higher packaging use per product

Frozen Dinners Is the Largest Packaging Application

Frozen dinners will offer the strongest growth opportunities for frozen specialties packaging suppliers, boosted by factors such as:

  • increased at-home meal preparation and the convenience of frozen dinners (though they will continue to face competition from easy-to-prepare fresh meal kits)
  • the improved quality of frozen dinners, specifically a wider range of healthy and clean-label options that appeal to millennials and younger consumers
  • demographic trends, such as growth in older age groups and single-person households that are more intensive users of portioned dinners

Folding Cartons & Trays Remain Leading Packaging Formats

Through 2024, trays and folding cartons will remain the leading packaging types used in frozen specialties applications. Folding cartons are widely used with dinners packaged in trays, tubs, cups, and bowls, where they provide protection and billboard space for demonstrating the appearance of dinner items when heated. Trays are favored in these applications for their structural stability, ovenability and microwavability, and (often) recyclability.

The fastest gains among frozen specialties packaging products are expected for bowls due to the rising popularity of convenient, healthy bowl meals. However, bowls will continue to face competition from pouches, which compete with rigid packaging like bowls on cost and source reduction advantages and benefit from expanding applications for self-venting pouches.

COVID-19 Pandemic Boosts At-Home Cooking & Reliance on Convenience Foods

Increased work-at-home and remote learning activities during the COVID-19 pandemic boosted at-home meal preparation, which, in turn, prompted consumers to stock up on convenient, long-lasting frozen foods. In addition, panic buying and supply chain issues for fresh and shelf-stable foods encouraged increased purchases from the freezer aisle. Heightened sales of frozen specialties and other frozen foods are expected to carry forward – supporting related packaging demand – as consumers become increasingly accustomed to the convenience of frozen foods and as they become more familiar with the quality and variety of frozen dinners, entrées, and other available items.


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Table of Contents

1. Executive Summary

2. About This Report

Report Details

Impact of COVID-19 Pandemic

3. Overview

Historical Market Trends

Demand by Packaging Type

Demand by Material

Pricing Trends

Sustainability Initiatives

Recycling & Recycled Content

Source Reduction (Weight Reduction)

Alternative Materials

4. Applications

Scope & Product Description

Demand by Application

Frozen Dinners

Frozen Pizza

Frozen Breakfast Foods

Frozen Entrées & Side Dishes

Other Frozen Specialty Foods

5. Key Suppliers & Industry Structure

Industry Composition

Key Suppliers

Mergers & Acquisitions

6. Appendix

Scope

Definitions

Freedonia Methodology

Study-Specific Methodology

Sources

Associations & Agencies

Related Studies & Reports

Macroeconomic Assumptions

Economic Environment

Demographics

Consumer Spending


List of Tables

2. About This Report

Table 2-1 | Annual Frozen Specialty Food Packaging Demand by Application, 2019 - 2021 (million dollars)

3. Overview

Table 3-1 | Frozen Specialty Food Packaging Demand, 2009 - 2019 (million dollars)

Table 3-2 | Frozen Specialty Food Packaging Demand by Type, 2009 - 2024 (million dollars)

Table 3-3 | Frozen Specialty Food Packaging Demand by Material, 2009 - 2024 (million dollars)

Table 3-4 | Frozen Food Packaging: Average Prices by Product, 2009 - 2024 (dollars per unit)

4. Applications

Table 4-1 | Frozen Specialty Food Packaging Demand by Application, 2009 - 2024 (million dollars)

Table 4-2 | Frozen Dinner Packaging Demand by Product, 2009 - 2024 (million dollars)

Table 4-3 | Frozen Pizza Packaging Demand by Product, 2009 - 2024 (million dollars)

Table 4-4 | Frozen Breakfast Food Packaging Demand by Product, 2009 - 2024 (million dollars)

Table 4-5 | Frozen Entrée & Side Dish Packaging Demand by Product, 2009 - 2024 (million dollars)

Table 4-6 | Other Frozen Specialty Food Packaging Demand by Product, 2009 - 2024 (million dollars)

5. Key Suppliers & Industry Structure

Table 5-1 | Selected Mergers & Acquisitions

6. Appendix

Table 6-1 | Industry Codes Related to Frozen Food Packaging

Table 6-2 | Relevant HS Codes

Table 6-3 | Macroeconomic Indicators, 2009 - 2024 (billion 2012 dollars)

Table 6-4 | Population & Households, 2009 - 2024 (million persons)

Table 6-5 | Personal Consumption Expenditures, 2009 - 2024 (billion dollars)


List of Figures

1. Executive Summary

Figure 1-1 | US Frozen Specialties Packaging Market Outlook

2. About This Report

Figure 2-1 | Frozen Specialty Food Packaging Value Demand, 2018 - 2024 (percent annual change)

3. Overview

Figure 3-1 | Frozen Specialty Food Packaging Demand, 2009 - 2019 (million dollars)

Figure 3-2 | Frozen Specialty Food Packaging Demand by Type, 2009 - 2024 (million dollars)

Figure 3-3 | Frozen Specialty Food Packaging Demand by Material, 2009 - 2024 (million dollars)

4. Applications

Figure 4-1 | Frozen Specialty Foods: Product Examples

Figure 4-2 | Frozen Specialty Food Packaging Demand by Application, 2009 - 2024 (million dollars)

6. Appendix

Figure 6-1 | Annual Growth in Real GDP, 2000 - 2019, Compared to 1980 - 2005 Average (percent)

Figure 6-2 | Annual Population Growth, 2004 - 2019 (percent)


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