Product Code: BMIRE00029089
The South & Central America chilled food packaging market is expected to grow from US$ 741.35 million in 2023 to US$ 944.16 million by 2030. It is estimated to grow at a CAGR of 3.5% from 2023 to 2030.
Increasing Focus on Sustainability and Eco-Friendly Packaging Fuel South & Central America Chilled Food Packaging Market
Consumers demand safe and low-processed food; thus, chilled food packaging players are making significant changes in packaging solutions. Also, there are growing environmental concerns.
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. For instance, in March 2023, the Hinojosa Packaging Group launched the Foodservice product line covering a portfolio of recyclable primary packaging under the Beverage, Dairy, and Food Container ranges.
Moreover, research for producing a biodegradable packaging material aims to develop eco-friendly packaging materials with recycling, renewable, reusable, and repurposing properties. Thus, a ban on plastic items and mandates for deploying recyclable packaging solutions are anticipated to offer substantial growth opportunities to the industry players in the South & Central America chilled food packaging market .
South & Central America Chilled Food Packaging Market Overview
The South & Central America chilled food packaging market is segmented into Brazil, Argentina, and the Rest of South & Central America. A growing convenient food sector mainly drives the chilled food packaging market growth in the region. Population growth, healthy eating options, and the demand for food away from home fuel the convenient food sector growth in Brazil. Further, the growing online food delivery sector rapidly contributes to increased restaurant sales. All this boosts the demand for different chilled food packaging products in the region.
South & Central America Chilled Food Packaging Market Revenue and Forecast to 2030 (US$ Million)
South & Central America Chilled Food Packaging Market Segmentation
The South & Central America chilled food packaging market is segmented into material, type, application, and country.
Based on material, the South & Central America chilled food packaging market is segmented into plastic, aluminum, paper and paperboard, and others. The plastic segment held a largest share of the South & Central America chilled food packaging market in 2023.
Based on type, the South & Central America chilled food packaging market is segmented into boxes, tubs and cups, cans, pouches and bags, and others. The pouches and bags segment held the largest share of the South & Central America chilled food packaging market in 2023.
Based on application, the South & Central America chilled food packaging market is segmented into dairy products, meat and poultry, seafood, fruits and vegetables, and others. The meat and poultry segment held the largest share of the South & Central America chilled food packaging market in 2023.
Based on country, the South & Central America chilled food packaging market is segmented into Argentina, Brazil, and the Rest of South & Central America. Brazil dominated the South & Central America chilled food packaging market in 2023.
Mondi Plc, Amcor Plc, Sonoco Products Co, Berry Global Group Inc, WestRock Co, Graphic Packaging Holding Co, Tetra Pak International SA, and Sealed Air Corp are some of the leading companies operating in the South & Central America chilled food packaging market.
Reasons to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America Chilled Food Packaging Market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in South & Central America Chilled Food Packaging Market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth South & Central America Market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
Table Of Contents
1. Introduction
- 1.1 Study Scope
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
- 3.1 Scope of the Study
- 3.2 Research Methodology
- 3.2.1 Data Collection:
- 3.2.2 Primary Interviews:
- 3.2.3 Hypothesis Matriculation:
- 3.2.4 Macro-economic Factor Analysis:
- 3.2.5 Developing Base Number:
- 3.2.6 Data Triangulation:
- 3.2.7 Country Level Data:
- 3.2.8 Assumptions and Limitations:
4. South & Central America chilled food packaging market Landscape
- 4.1 Market Overview
- 4.2 Porter's Five Forces Analysis
- 4.2.1 Threat of New Entrants:
- 4.2.2 Bargaining Power of Buyers:
- 4.2.3 Bargaining Power of Suppliers:
- 4.2.4 Intensity of Competitive Rivalry:
- 4.2.5 Threat of Substitutes:
- 4.3 Ecosystem Analysis
- 4.3.1 Raw Material Suppliers
- 4.3.2 Manufacturers
- 4.3.3 Distributors or Suppliers:
- 4.3.4 End Users
- 4.4 Expert Opinions
5. South & Central America chilled food packaging market - Key Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Expansion of Organized Retail and E-Commerce
- 5.1.2 Increase in Demand for Convenience or Ready- to- Eat Food
- 5.2 Market Restraints
- 5.2.1 Stringent Government Regulations
- 5.3 Market Opportunities
- 5.3.1 Increasing Focus on Sustainability and Eco-Friendly Packaging
- 5.4 Future Trends
- 5.4.1 Advancements in Smart and Active Packaging
- 5.5 Impact Analysis of Drivers and Restraints
6. Chilled Food Packaging - South & Central America Market Analysis
- 6.1 South & Central America chilled food packaging market Overview
- 6.2 South & Central America chilled food packaging market -Revenue and Forecast to 2030 (US$ Million)
7. South & Central America chilled food packaging market Analysis - By Material
- 7.1 Overview
- 7.2 South & Central America chilled food packaging market, By Material (2022 and 2030)
- 7.3 Plastic
- 7.3.1 Overview
- 7.3.2 Plastic: South & Central America chilled food packaging market - Revenue and Forecast to 2030 (US$ Million)
- 7.4 Aluminum
- 7.4.1 Overview
- 7.4.2 Aluminum: South & Central America chilled food packaging market - Revenue and Forecast to 2030 (US$ Million)
- 7.5 Paper and Paperboard
- 7.5.1 Overview
- 7.5.2 Paper and Paperboard: South & Central America chilled food packaging market - Revenue and Forecast to 2030 (US$ Million)
- 7.6 Others
- 7.6.1 Overview
- 7.6.2 Others: South & Central America chilled food packaging market - Revenue and Forecast to 2030 (US$ Million)
8. South & Central America chilled food packaging market Analysis - By Type
- 8.1 Overview
- 8.2 South & Central America chilled food packaging market, By Type (2022 and 2030)
- 8.3 Boxes
- 8.3.1 Overview
- 8.3.2 Boxes: South & Central America chilled food packaging market - Revenue and Forecast to 2030 (US$ Million)
- 8.4 Tubs and Cups
- 8.4.1 Overview
- 8.4.2 Tubs and Cups: South & Central America chilled food packaging market - Revenue and Forecast to 2030 (US$ Million)
- 8.5 Cans
- 8.5.1 Overview
- 8.5.2 Cans: South & Central America chilled food packaging market - Revenue and Forecast to 2030 (US$ Million)
- 8.6 Pouches and Bags
- 8.6.1 Overview
- 8.6.2 Pouches and Bags: South & Central America chilled food packaging market - Revenue and Forecast to 2030 (US$ Million)
- 8.7 Others
- 8.7.1 Overview
- 8.7.2 Others: South & Central America chilled food packaging market - Revenue and Forecast to 2030 (US$ Million)
9. South & Central America chilled food packaging market Analysis - By Application
- 9.1 Overview
- 9.2 South & Central America chilled food packaging market, By Application (2022 and 2030)
- 9.3 Dairy Products
- 9.3.1 Overview
- 9.3.2 Dairy Products: South & Central America chilled food packaging market - Revenue and Forecast to 2030 (US$ Million)
- 9.4 Meat and Poultry
- 9.4.1 Overview
- 9.4.2 Meat and Poultry: South & Central America chilled food packaging market - Revenue and Forecast to 2030 (US$ Million)
- 9.5 Seafood
- 9.5.1 Overview
- 9.5.2 Seafood: South & Central America chilled food packaging market - Revenue and Forecast to 2030 (US$ Million)
- 9.6 Fruits and Vegetables
- 9.6.1 Overview
- 9.6.2 Fruits and Vegetables: South & Central America chilled food packaging market - Revenue and Forecast to 2030 (US$ Million)
- 9.7 Others
- 9.7.1 Overview
- 9.7.2 Others: South & Central America chilled food packaging market - Revenue and Forecast to 2030 (US$ Million)
10. South & Central America chilled food packaging market - Country Analysis
- 10.1 Overview
- 10.1.1.1 Brazil: South & Central America chilled food packaging market -Revenue and Forecast to 2030 (US$ Million)
- 10.1.1.1.1 Brazil: South & Central America chilled food packaging market, by Material
- 10.1.1.1.2 Brazil: South & Central America chilled food packaging market, by Type
- 10.1.1.1.3 Brazil: South & Central America chilled food packaging market, by Application
- 10.1.1.2 Argentina: South & Central America chilled food packaging market -Revenue and Forecast to 2030 (US$ Million)
- 10.1.1.2.1 Argentina: South & Central America chilled food packaging market, by Material
- 10.1.1.2.2 Argentina: South & Central America chilled food packaging market, by Type
- 10.1.1.2.3 Argentina: South & Central America chilled food packaging market, by Application
- 10.1.1.3 Rest of South & Central America: South & Central America chilled food packaging market -Revenue and Forecast to 2030 (US$ Million)
- 10.1.1.3.1 Rest of South & Central America: South & Central America chilled food packaging market, by Material
- 10.1.1.3.2 Rest of South & Central America: South & Central America chilled food packaging market, by Type
- 10.1.1.3.3 Rest of South & Central America: South & Central America chilled food packaging market, by Application
11. Industry Landscape
- 11.1 Overview
- 11.2 Market Initiative
- 11.3 New Product Development
- 11.4 Merger and Acquisition
12. Company Profiles
- 12.1 Mondi Plc
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
- 12.2 Amcor Plc
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
- 12.3 Sonoco Products Co
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
- 12.4 Berry Global Group Inc
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
- 12.5 WestRock Co
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
- 12.6 Graphic Packaging Holding Co
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
- 12.7 Tetra Pak International SA
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
- 12.8 Sealed Air Corp
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
13. Appendix
- 13.1 About The Insight Partners
- 13.2 Word Index