France fresh food packaging market is anticipated to propel at a CAGR of 1.18% throughout the forecast period. The major factors for the growth of the fresh food packaging market in France is majorly attributed to the high production of meat in the country. According to the European Union, France is considered as 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 is significantly driving the requirements of the numerous types of packaging solutions including glass and metal among others. In addition, the country is also considered as the third-largest producer of fish and fishery products in the European Union. Similarly, being one of the biggest aquacultures 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 exporter in the European Union. According to the FAO, France exported seafood with its value around US$ 2.38 billion out of which the major trade was done within Europe only during the year 2016. 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 the 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 the 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 the high use in the seafood industry. By application, the Germany 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 in the market due to the growing seafood processing industry in France.
Prominent key market players in the France fresh food packaging market include Mondi, Coveris, Amcor Plc, Smurfit Kappa and DS Smith among others. These companies hold a noteworthy share in the market on account of their good brand image and product offerings. Major players in the France fresh food packaging market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last two years.
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