The France fresh food packaging market is anticipated to grow at a CAGR of 0.95% throughout the forecast period. The major factors for the growth of the fresh food packaging market in France are majorly attributed to the high production of meat in the country. According to the European Union, France is considered one of the most important meat producers in the European Union after Poland and the United Kingdom. The country also possesses more than 20% of the livestock population of the European Union. Another factor that is anticipated to boost the growth of this market in the coming years is the growing consumption of fish and the continuously expanding seafood industry of the country. The high consumption of fish and the expansion of the seafood industry are significantly driving the demand for various types of packaging solutions, such as glass and metal. In addition, the country is also considered the third-largest producer of fish and fishery products in the European Union. Similarly, being one of the biggest aquaculture producers in Europe is also anticipated to propel the growth opportunities for the manufacturers to boost their investments in the country and gain a competitive edge in the fresh food packaging market in France.
The country is also an exporter of seafood across the world and one of the major exporters in the European Union. According to the Canadian Trade Commissioner Service, seafood imports totalled 5.7 billion euros in 2020 for 1,176,000 tonnes of product, while exports totalled 1.4 billion euros for 341,000 tonnes. The seafood processing industry of the country is also growing at a decent pace due to the rising seafood consumption across the country as the increasing health concerns of the citizens towards a healthy diet is leading to high consumption, which in turn is anticipated to positively impact the growth of the market throughout the forecast period and beyond.
The France fresh food packaging market has been segmented on the basis of material and application. By material, the market has been segmented as plastic, paper and board, glass, and metal. The metal and glass segments are projected to hold a decent market share due to their high use in the seafood industry. By application, the German fresh food packaging market has been classified into poultry and meat products, dairy products, produce (vegetables and fruits), seafood, and others. The seafood segment is anticipated to hold a noteworthy share of the market due to the growing seafood processing industry in France.
Competitive Insights
Prominent key market players in the France fresh food packaging market include Smurfit Kappa, Mondi, Coveris, Amcor Plc and DS Smith among others. Because of their strong brand image and product offerings, these companies have a sizable market share. Major players in the France fresh food packaging market have been covered along with their relative competitive positions and strategies. The report also discusses recent deals and investments made by various market participants over the last two years.
Recent development and expansions