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Global Desserts Packaging Market
Market Size in USD Billion
CAGR :
%
USD
631.20 Million
USD
946.88 Million
2021
2029
Forecast Period
2022 –2029
Market Size(Base Year)
USD
631.20 Million
Market Size (Forecast Year)
USD
946.88 Million
CAGR
5.20
%
Major Markets Players
Bayer AG
H.C. Starck GmbH AGC SEIMI CHEMICAL CO.Ltd.
BASF SE
DuPont
Merck & Co.Inc.
Global Desserts Packaging Market, By Material (Paper and Board, Plastic, Glass, Other), Type (Rigid, Semi-Rigid, Flexible), Technology (MAP packaging, skin packaging, others), Application (Dairy, Bakery, Confectionery, Convenience Foods, Other), End User (Foodservice Outlets, Institutional Foodservice Facilities, Online Delivery Portals) – Industry Trends and Forecast to 2029
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Desserts Packaging Market Analysis and Size
Global food market is much expanded when it comes to contributions. A lot of explorations and innovations happened, especially in the packaging formats which has preferred for different type of food products mainly for the packaging of desserts. Desserts packaging market is rising rapidly due to growing disposable income and increasing population. Desserts packaging market has witnessed a healthy growth in current years. Moreover, rapidly growing consumption of desserts expected to be the main driver of the desserts packaging market. Continuously growing adoption of desserts in everyday food consumption, especially in highly populated countries are expected to drive the growth of the dessert packaging market.
Data Bridge Market Research analyses that the desserts packaging market was valued at USD 631.20 million in 2021 and is expected to reach USD 946.88 million by 2029, registering a CAGR of 5.20 % during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Market Definition
Packaging is very important for every food items especially for desserts. It is very important that desserts has to be stored and packed properly in the container, otherwise they will get spoil due to microbial including growth of fungi or bacteria. The protection of desserts from spoilage is just one aspect of packaging and other aspects for the dessert packaging are presentation and attraction. Metal containers, glass jars, plastic bowls, paperboard boxes are majorly used in the packaging of desserts.
Desserts Packaging Market Scope and Segmentation
Report Metric
Details
Forecast Period
2022 to 2029
Base Year
2021
Historic Years
2020 (Customizable to 2014 - 2019)
Quantitative Units
Revenue in USD Million, Volumes in Units, Pricing in USD
Segments Covered
Material (Paper and Board, Plastic, Glass. Other), Type (Rigid, Semi-Rigid, Flexible), Technology (MAP packaging, skin packaging, others), Application (Dairy, Bakery, Confectionery, Convenience Foods, Other), End User (Foodservice Outlets, Institutional Foodservice Facilities, Online Delivery Portals)
Countries Covered
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
Market Players Covered
Bayer AG (Germany), H.C. Starck GmbH (Germany), AGC SEIMI CHEMICAL CO., LTD. (Japan), BASF SE (Germany), DuPont (U.S.), Merck & Co., Inc. (U.S.), Evonik Industries AG (Germany), Sumitomo Chemical Co., Ltd. (Japan), Heliatek GmbH (Germany), Novaled GmbH. (Germany), A.U. Optronics Corp., (Taiwan), Graphic Packaging International, LLC (U.S.), WestRock Company. (U.S.), Smurfit Kappa (Ireland), Krones AG (Germany), Amcor plc (Switzerland), Graham Packaging Company. (U.S.), Sonoco Products Company (U.S.), Parker Hannifin Corp. (U.S.) and Berry Global Inc. (U.S.)
Market Opportunities
Increase in the number of emerging markets
Increasing number of product innovations
Rise in strategic collaborations
Desserts Packaging Market Dynamics
Drivers
Increasing adoption of sustainable packaging to decrease carbon footprints
The growing environmental concern has increase the demand of green packaging for the packaging of desserts among consumers in the majority of countries are expected to drive the growth rate of the desserts packaging market. Moreover, shift of consumer perceptions to sustainable packaging and government pressure drifted them towards environment friendly materials which have fueled the growth of the desserts packaging market.
Rising demand in various applications
The inherent advantages, such as hygiene, quality control, durability and preservation associated with dessert packaging which are used in various applications, including bakery and confectionery, dairy, and others drive the growth of the desserts packaging market.
Furthermore, increasing disposable income and rising urbanization will also drive the growth of the market value. The dessert packaging market is fueled by the expansion of the retail sector and rapidly changing lifestyle of consumers. Growing awareness regarding biodegradable and eco-friendly dessert packaging and surging demand for packaged dessert are expected to boost market's growth rate.
Opportunities
Increasing advancement
Desserts packaging obstructs the entry of oxygen and moisture. The use of advanced packaging technology augment the shelf-life of dessert to a significant extent. Furthermore, increasing advancements in vacuum packaging to protect dessert integrity is the major factor that can open up new avenues for desserts packaging market and create beneficial opportunities for the major market players in the desserts packaging market.
Moreover, the large number of emerging new markets and rise in the strategic collaborations will also act as market drivers which will further boost the valuable opportunities for the growth of the desserts packaging market in upcoming years.
Restraints/ Challenges
High cost associated with raw material
Fluctuating raw material prices and high production costs for the packaging of desserts will restrain the growth of the dessert packaging market.
Furthermore, the lockdowns which has imposed as a result of the COVID-19 pandemic have close down the activities across the economies which is causing significant restraint of the dessert packaging market.
This desserts packaging market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the desserts packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Desserts Packaging Market
The outbreak of covid-19 have been severely shut downthe production of the desserts which has also affected the desert packaging market. The spread of coronavirus has disrupted the supply chain, production, subsequently impacting the revenue for the dessert market. The lack of transportation, disrupted the distribution channel and supply chains of raw material for packaging dessert has created a misbalance between the supply and market demand of dessert globally. But on the other hand, the growing online shopping slowly increase the growth rate of the dessert packaging market.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Global Desserts Packaging Market Scope
The desserts packaging market is segmented on the basis of material, type, technology, application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
The desserts packaging market is analysed and market size insights and trends are provided by country, material, type, technology, application and end user as referenced above.
The countries covered in the desserts packaging market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.
Asia-Pacific dominates the desserts packaging market in terms of market share and revenue. This is due to the rising demand for desserts packaging in this region.
Asia-Pacific region dominates the desserts packaging market, with China leading the way in terms of production and consumption of re-usable desserts packaging. Due of the ease of producing re-usable desserts packaging, China is leading the Asia-Pacific market.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Desserts Packaging Market Share Analysis
The desserts packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to desserts packaging market.
Some of the major players operating in the desserts packaging market are:
Bayer AG (Germany)
H.C. Starck GmbH (Germany)
AGC SEIMI CHEMICAL CO., LTD. (Japan)
BASF SE (Germany)
DuPont (U.S.)
Merck & Co., Inc. (U.S.)
Evonik Industries AG (Germany)
Sumitomo Chemical Co., Ltd. (Japan)
Heliatek GmbH (Germany)
Novaled GmbH. (Germany)
A.U. Optronics Corp., (Taiwan)
Graphic Packaging International, LLC (U.S.)
WestRock Company. (U.S.)
Smurfit Kappa (Ireland)
Krones AG (Germany)
Amcor plc (Switzerland)
Graham Packaging Company. (U.S.)
Sonoco Products Company (U.S.)
Parker Hannifin Corp. (U.S.)
Berry Global Inc. (U.S.)
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Global Desserts Packaging Market, Supply Chain Analysis and Ecosystem Framework
To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Desserts Packaging Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Desserts Packaging Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.
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