The fresh food packaging market in Norway is expected to reach a projected revenue of US$ 1.3 billion by 2028. A compound annual growth rate of 3.5% is expected of Norway fresh food packaging market from 2021 to 2028.
In terms of revenue, Norway accounted for 0.8% of the global fresh food packaging market in 2020.
Country-wise, China is expected to lead the global market in terms of revenue in 2028.
In Europe, Germany fresh food packaging market is projected to lead the regional market in terms of revenue in 2028.
Denmark is the fastest growing regional market in Europe and is projected to reach USD 0.7 billion by 2028.
Norway is highly dependent on imports to fulfill its demand for fresh fruits and vegetables. However, the COVID-19 pandemic has increased the interest of Norwegians in growing their food, according to the Norwegian farm and garden cooperative. Companies are witnessing substantial growth in the sales of seeds and fertilizers, especially for potatoes, as of June 2020.
This is expected to give higher priorities to the production of grains, fruits, vegetables, and potatoes. As the COVID-19 pandemic significantly affected the imports, the country has realized the need for an increased agricultural output. The country witnessed an increase in food production during the COVID crisis, leading to high demand for packaging products.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Fresh Food Packaging Market Outlook will help companies and investors design strategic landscapes.
Rigid was the largest segment with a revenue share of 50.0% in 2020.
Horizon Databook has segmented the Norway fresh food packaging market based on rigid, flexible covering the revenue growth of each sub-segment from 2017 to 2028.
Norway is highly dependent on imports to fulfill its demand for fresh fruits and vegetables. However, the COVID-19 pandemic has increased the interest of Norwegians in growing their food, according to the Norwegian farm and garden cooperative. Companies are witnessing substantial growth in the sales of seeds and fertilizers, especially for potatoes, as of June 2020.
This is expected to give higher priorities to the production of grains, fruits, vegetables, and potatoes. As the COVID-19 pandemic significantly affected the imports, the country has realized the need for an increased agricultural output. The country witnessed an increase in food production during the COVID crisis, leading to high demand for packaging products.
Norway Fresh Food Packaging Market Type Outlook (Revenue, USD Million , 2017-2028)
Rigid
Flexible
Norway Fresh Food Packaging Market Material Outlook (Revenue, USD Million , 2017-2028)
Plastics
Paper & Paper Board
Bagasse
Polylactic Acid
Others
Norway Fresh Food Packaging Market Application Outlook (Revenue, USD Million , 2017-2028)
Eggs, Meat & Seafood
Fruits & Vegetables
Dairy Products
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Horizon Databook provides a detailed overview of country-level data and insights on the Norway Fresh Food Packaging Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Norway Fresh Food Packaging Market Outlook from 2017 to 2028, including revenue numbers, major trends, and company profiles.