At 4.0% CAGR, the Middle East & Africa Chilled Food Packaging Market is Projected to be Worth US$ 1,358.80 million by 2030, says Business Market Insights

According to Business Market Insights research, the Middle East & Africa chilled food packaging Market was valued at US$ 1,032.50 million in 2023 and is expected to reach US$ 1,358.80 million by 2030, registering a CAGR of 4.0% from 2023 to 2030. Increasing focus on sustainability and eco-friendly packaging are the critical factors attributed to the growth of Middle East & Africa chilled food packaging market.        

The food and food safety industries are subjected to numerous developments in safe packaging technologies. The constant population growth, the surge in disposable income, and an increase in the working population are creating a need for more packaged and ready-to-cook foods.

Further, eco-friendly packaging helps protect human health and the environment and maintain natural resources. Ideal packaging material should possess recycling properties, serving as a viable solution for ecological issues. Food service packaging companies are seeking ways to recycle as part of their efforts toward finding sustainable food packaging solutions. Adopting sustainable and eco-friendly packaging solutions allows chilled food packaging companies to differentiate themselves in the market. As consumers become more environmentally conscious, they actively seek brands and products aligning with their values. Sustainable packaging options attract eco-conscious consumers and help companies stand out among their competitors.

On the contrary, stringent government regulations hampers the Middle East & Africa chilled food packaging market.  

Based on material, the Middle East & Africa chilled food packaging market is segmented into plastics, aluminium, paper and paperboard, and others. The plastic segment held 68.5% share of Middle East & Africa chilled food packaging market in 2023, amassing US$  707.34 million. It is projected to garner US$ 925.96 million by 2030 to expand at 3.9% CAGR during 2023–2030.

Based on type, the Middle East & Africa chilled food packaging market is segmented into boxes, tubs and cups, cans, pouches and bags, and others. The pouches and bags segment held 34.6% share of Middle East & Africa chilled food packaging market in 2023, amassing US$ 357.12 million. It is projected to garner US$ 506.87 million by 2030 to expand at 5.1% CAGR during 2023–2030.

Based on application, the Middle East & Africa chilled food packaging market is segmented into dairy products, meat and poultry, seafood, fruits and vegetables, and others. The meat and poultry segment held 32.5% share of Middle East & Africa chilled food packaging market in 2023, amassing US$ 335.23 million. It is projected to garner US$ 471.04 million by 2030 to expand at 5.0% CAGR during 2023–2030.

Based on country, the South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa chilled food packaging market has been categorized into the Middle East & Africa. Our regional analysis states that the Rest of Middle East & Africa captured 42.7% share of Middle East & Africa chilled food packaging market in 2023. It was assessed at US$ 441.10 million in 2022 and is likely to hit US$ 554.82 million by 2030, exhibiting a CAGR of 3.3% during the forecast period.      

Key players operating in the Middle East & Africa chilled food packaging market are Amcor Plc, Amerplast Ltd, Berry Global Group Inc, Graphic Packaging Holding Co, Mondi Plc, Sealed Air Corp, Sonoco Products Co, Tetra Pak International SA, and WestRock Co, among others.           

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