The United Kingdom’s fresh food packaging market is anticipated to propel at a CAGR of 2.13% throughout the forecast period.
The market of the United Kingdom is expected to witness such growth in the forecast period, owing to a significant increase in the domestic consumption of food coupled with high exports. According to the United Nations COMTRADE database on international trade, the United Kingdom's exports of vegetable, fruit, and nut food preparations totalled $558.78 million in 2021. Furthermore, where the export of fish and fish preparations increased by 14% during the same period, the exports of bird eggs and other dairy products increased at a significant rate of 28%.
In addition, a significant increase in the exports of fruits and vegetables by value and volume is also anticipated to propel the growth opportunities for the players in the market to invest more in the country and gain a competitive edge in the market. However, the market experienced a significant downturn in 2021 as a result of economic factors such as rising commodity prices, which made certain produce expensive for some people to consume. For example, the value of food, feed, and drink exports fell by £1.2 billion (5.6 per cent) to £20.2 billion in 2021, according to the Department for Environment, Food, and Rural Affairs. Exports of fresh vegetables fell 35% to £73 million, while exports of fresh fruits fell 66% to £63 million. The United Kingdom's market growth can also be attributed to the country's high meat consumption. According to the Food and Agriculture Organization of the United Nations, the average amount of meat consumed per person in the United Kingdom is nearly double the global average, at 220 grams per day versus 117 grams. Red, processed, and white meats are all included. Having said that, the consumer shift to a vegan diet could be one of the major factors hindering the growth of the market in the coming years. This, in turn, is also boosting the domestic production of fruits and vegetables in the country, which is expected to drive the demand for advanced packaging solutions for them and also contribute to the growth of this market over the next five years
The United Kingdom’s 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. By application, the United Kingdom’s fresh food packaging market has been classified into poultry and meat products, dairy products, produce (vegetables and fruits), seafood, and others.
Prominent key market players in the United Kingdom's fresh food packaging market include Amcor Plc, Smurfit Kappa, Mondi, Coveris, 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 United Kingdom’s 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.
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| Growth Rate | CAGR of 2.13% from 2020 to 2027 |
| Base Year | 2020 |
| Forecast Period | 2022–2027 |
| Forecast Unit (Value) | USD Billion |
| Segments Covered | Material, And Application |
| Companies Covered | Mondi, DS Smith, Amcor Plc, Smurfit Kappa, Coveris |
| Customization Scope | Free report customization with purchase |
UK Fresh Food Packaging Market Segmentation