Spain Fresh Food Packaging Market - Forecasts from 2021 to 2026

The Spain fresh food packaging market is projected to witness a compound annual growth rate of 2.96% to grow to US$1,225.489 million by 2026, from US$990 million in 2019.

The Spain fresh food packaging market is anticipated to witness a surge in market growth during the forecast period due to the rise in busy lifestyles in urban areas owing to a rise in corporate culture, which is leading to a rise in the purchase of fresh foods online. The increasing urbanization in the country is further supporting the market. As per data from World Bank, the urban population in Spain has increased from 30.938 million in 2000 to 38.265 million in 2020. Furthermore, the rise in the disposable income in the county is further leading to increased consumption and hence boosting the demand for fresh food packaging. According to OECD, Spain witnessed an annual growth rate of 1.7% in its household disposable income in 2019. Moreover, the rising health consciousness among the Spanish population, owing to the increased prevalence of diseases and increased awareness about nutrition, is leading to increased consumption of fresh foods, thus, supplementing demand for packaging solutions.

Some of the major players in Spain providing fresh food packaging are Mondi, DS Smith, Sonoco Products Company, Smurfit Kappa, International Paper, among others. Mondi Group is a market leader which provides corrugated packaging for fresh produce that keeps fruits and vegetables fresh from the farm to store and delivers transport efficiency, shelf-life extension, and promotion. The poultry and meat products segment is projected to have a significant market size due to the country being a considerable consumer of fresh meat traditionally.

Growing health consciousness is expected to contribute significantly towards fresh food packaging in Spain.

The Spain fresh food packaging market is expected to surge in the coming years due to the rise in health consciousness among the Spanish population. The prevalence of diseases is on a rise in Spain, which is leading to an increased number of consumers being health-conscious now and are buying more fresh foods, leading to an increased demand for fresh food packaging in the country. According to the Institute for Health Metrics and Evaluation (IHME), the prevalence of hypertensive heart disease has increased by 48.8% in the country from 2009 to 2019.

Furthermore, during the mentioned time period, the prevalence of colorectal cancer increased by 19.6%, chronic kidney disease by 23.2%, COPD by 18.9%, and ischemic heart disease by 3.8%. This is leading to consumers becoming more aware of what they eat, and hence there is an increased demand for packaging which provides proper and complete information about the food. According to data updated by Spain's Ministry of Agriculture, Fisheries, and Food, in October 2020 the consumption of fresh fruit and vegetables in Spanish households increased by 11% over the same month of last year, totaling 726 million kilos. According to data from the MAPA Food Consumption Panel, in the first ten months of 2020 consumers spent 12,351 million euros (an increase of 20%) purchasing fruits and vegetables. 6,704 million euro corresponded to fruit purchases (an increase of 23%), 4,839 million euro to vegetable purchases (an increase of 16.5%), and 808 million euros to potato purchases (an increase of 17%). The trend in the increased purchase of fresh food is expected to continue and is projected to propel the growth of the fresh food packaging market in Spain during the forecast period.

COVID-19 Insights

The Spain fresh food packaging market witnessed a boom during the year 2020 owing to the COVID-19 pandemic which encouraged the consumption of fresh fruits and vegetables in order to increase immunity. According to a report presented by the Minister of Agriculture, Fisheries and Food, the consumption of fresh fruits and vegetables increased by 10% and 12,5% respectively as compared to the previous year.

The advent of the pandemic significantly impacted the eating habits of the consumers resulting in a drastic shift of newer consumers in the fresh food market. According to a document by one of Spain's largest food cooperatives, ANECOOP, there has been a substantial increase in products perceived as foods that improve the immune system, such as citrus fruits, and certain vegetables. The widespread scare of the disease during the year encouraged the adoption of fresh fruits like Citrus fruits (orange, lemons, mandarins, and grapefruit), exotic fruits (bananas, kiwi, avocado, pineapple, and cherimoya), and fruits of seeds (grapes, apples, and pears). The trend is expected to continue during the forecast period and is expected to fuel the market for fresh food packaging in the coming years.

Market Segmentation:

BY TYPE

• Plastic
• Paper and Board
• Glass
• Metal

BY APPLICATION

• Poultry and Meat Products
• Dairy Products
• Produce (Vegetables and Fruits)
• Sea Food

BY CONSUMPTION

• Domestic Market
• Type
• By Application
• Export Market
• By Type
• By Application