Spain Fresh Food Flexible Packaging Market: Market Research by Knowledge Sourcing Intelligence

Spain fresh food flexible packaging market was valued between US$450 million to US$500 million in 2018.  Fresh food flexible packaging means packing of food using damage-resistant flexible packaging solutions in order to protect the food from environmental influencing conditions, physical protection, and maintain the quality of food as per the required standards. In addition, lesser transportation and wastage costs involved with respect to flexible packaging is further expected to drive the demand during the forecast period. The shifting trend towards sustainable packaging solutions in the country along with the burgeoning requirement for improving the shelf life of the products are some of the key factors driving the demand for fresh food flexible packaging solutions during the forecast period.
spain fresh food flexible packaging market: market research by knowledge sourcing intelligence
Spain Fresh Food Flexible Packaging Market Forecast

Spain Fresh Food Flexible Packaging Market by Material Type:
By material type, Spain fresh food flexible packaging market is segmented as paper and paperboard, plastic and aluminum.  Paper and paperboard-based packaging solutions are projected to witness substantial growth during the forecast period on account of the shifting trend towards sustainable packaging solutions in the country. Plastic is projected to hold a noteworthy share in the market due to its high popularity and lower costs in flexible packaging form. However, stringent regulations regarding the use of plastics are projected to restrain its growth during the forecast period. Aluminum is also projected to witness decent growth in the coming years with a noticeable share in the market.
According to the data by the Spanish Ministry of Agriculture, Fisheries, and Food, the production of organic fruits and vegetables in Spain increased from 423,245 metric tons in 2012 to 547,601 metric tons in 2016. In addition, the growing popularity of organic food in the country has also resulted in the development of the country’s first organic fresh food hub, which is projected to open in spring 2020.

Spain Fresh Food Flexible Packaging Market by Application:
Spain fresh food flexible packaging market for poultry and meat products is expected to grow at a CAGR XX%, rising from US$XX million in 2018 to US$XX million in 2024. Spain has one of the most competitive food industries in Europe and is also one of the fastest-growing economies in the EU region making it an important target for big market players. Poultry and meat are one of the fastest-growing segments of the agriculture sector in Spain, the big market players are investing heavily to expand their existing capacities which directly increases the demand for flexible packaging for poultry and meat products thus augmenting the growth of the market. In addition, increasing demand for consumer-friendly products coupled with a growing focus on sustainability and need for extended shelf life is further expected to propel the market growth opportunities for vendors and manufacturers in the coming years.
spain fresh food flexible packaging market: market research by knowledge sourcing intelligence
Spain Fresh Food Flexible Packaging Market Share by Application

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In addition, paper and paperboard material type of packaging is expected to be one of the fastest-growing segments in the region owing to the shifting trend towards sustainable packaging.

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