According to Future Market Insights’ latest analysis, the
global meat
packaging market is forecast to progress from US$ 7.4 billion in
2023 to US$ 12.3 billion by 2033. Overall meat packaging
demand is poised to rise at 5.2% CAGR throughout the
assessment period (2023 to 2033).
Burgeoning demand for packaged meat products, increasing
consumption of protein-based foods, and technological improvements for
extending shelf life of meat products are few of the key factors expected to
drive the meat packaging industry swiftly during the projection period.
Shelf life is known to be a crucial parameter among end
users, such as meat producers, co-packers, and retailers, while choosing
packaging films and their respective compatible packaging types. Barrier films
and the adoption of appropriate packaging types such as vacuum and MAP enable
meat producers, co-packers, and retailers to extend the shelf life of meat
products by approximately 12 times. Further, these films also improve the
visual appearance of meat products, and thus in turn attract meat product
buyers.
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The barrier films offer protection of the meat products from
moisture, and dust and maintain freshness for relatively long durations. Such
packaging also prevents this perishable food product from getting stale.
Therefore, a small increment in shelf life goes a long way in retaining the
consumer base and expanding it. This helps in enhancing the market presence.
Thus, growing need for increasing shelf life of meat products will continue to
bolster demand for meat packaging sales during the forecast period.
Various advancements in technology and powerful automated
lines have opened several possibilities for the meat packaging businesses. The
most recent and superior technology is high-pressure processing (HPP), which
does not require heat while packaging meat products. It is a post-processing
method that utilizes cold pasteurization.
During this method, the packed meat products are kept under
a high level of isotactic pressure which eventually increases the shelf-life of
the meat. Numerous retailers and meat yielders can get profit in their
business. This novel packaging system enables producers in contrasting
themselves from their opponents and will play a crucial role in boosting the
global meat packaging industry.
Key Takeaways from Meat Packaging Market
- By
material, polyethylene segment is expected to hold around 56% share
of the worldwide meat packaging industry during the assessment period.
- In
terms of packaging technology, the modified atmosphere packaging
technology segment is set to account for around 42% value
share of the global market by the end of 2033.
- Based
on product type, fresh meat segment is anticipated to hold a market share
of around 50% in the next decade.
- By
meat type, poultry meat segment is expected to reach around US$
4.8 billion by the end of 2033.
- East
Asia meat packaging market is forecast to expand at 5% CAGR through
2033.
- Meat
packaging demand across South Asia is likely to surge at 1% throughout
the assessment period.
- The
USA is forecast to hold around 4% share of the global
meat packaging industry in 2023.
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“Growing demand for hygienic and well-preserved
meat products with a prolonged shelf life is expected to drive the global meat
packaging market swiftly during the projection period,” says an
FMI analyst
Sustainability Offered by Flexible Packaging Formats to
Augment Meat Packaging Market Development
Flexible packaging offers numerous benefits compared to
rigid packaging materials. These benefits include lower energy usage, less raw
material consumption, lower carbon footprint, and relatively lesser waste
production. Lowered environmental impact can be achieved by reducing the
quantity of material used in packaging.
Various stringent policies related to reuse and
recyclability of plastics are being formed by governments worldwide.
Administration of these regulations for improving sustainability is expected to
propel the demand for flexible packaging in the future. This will eventually
boost meat packaging market.
Who is Winning?
Amcor Plc, Berry Global Inc., Winpak Ltd., Sealed Air
Corporation, Mondi Group, Amerplast Ltd., Faerch A/S, Bollore Group, Constantia
Flexibles Group GmbH, Sonoco Products Company, Cascades Inc., ULMA Packaging,
Kendall Packaging Corporation, Specialty Polyfilms, PLASTOPIL, Viskase,
Flavorseal (M&Q Holdings), Uniflex Packaging, Mannok Pack, and Sirane
Limited and others are the top players operating in the global meat packaging
market.
New product launches, mergers, acquisitions, collaborations,
facility expansions, and move toward online sales channels are a few of the
strategies employed by leading meat packaging manufacturers to succeed in this
market space.
Meat Packaging Market Report
Future market insights, in its new report, offers an
unbiased and thorough analysis of the global meat packaging market, analysing
historical demand from 2016 to 2022 and forecast statistics for 2023 to 2033.
The study reveals market growth projections for the meat packaging market based
on the material (polyethylene, polypropylene, polyvinyl chloride, ethylene
vinyl alcohol, and polyamide, and others (polyvinylidene chloride, etc.)),
product type (fresh meat, processed meat, and frozen meat), meat type (beef,
pork, poultry, seafood, and others (lamb, goat, etc.)) and packaging technology
(modified atmosphere, vacuum skin, vacuum thermoformed, and others (active
packaging, etc.)) across several regions.
About the Packaging Division at Future Market Insights
The Packaging division at Future Market Insights provides an
in-depth historical analysis and projections for the next ten years and covers
the competitive landscape through a unique dashboard view. Ranging from
packaging materials, and packaging machinery to packaging designs & formats,
Future Market Insights has an exhaustive database for these industry verticals,
serving clients with unique research offerings and strategic recommendations.
With a repository of 1,000+ reports, the team has analysed the packaging
industry comprehensively in 50+ countries. The team evaluates every node of the
value chain and provides end-to-end research and consulting services; reach out
to explore how we can help.
Meat Packaging Industry Outlook by Category
By Material:
- Polyethylene
(PE)
- Polypropylene
(PP)
- Polyvinyl
Chloride (PVC)
- Ethylene
Vinyl Alcohol (EVOH)
- Polyamide
(PA)
- Others
(Polyvinylidene Chloride (PVDC)
By Product Type:
- Fresh
Meat
- Processed
Meat
- Frozen
Meat
By Meat Type:
- Beef
- Pork
- Poultry
- Seafood
- Others
(Lamb, Goat)
By Packaging Technology:
- Modified
Atmosphere
- Vacuum
Skin
- Vacuum
Thermoformed
- Others
(Active Packaging)
By Region:
- North
America
- Latin
America
- East
Asia
- South
Asia & Pacific
- Western
Europe
- Eastern
Europe
- Central
Asia
- Russia
& Belarus
- Balkan
Countries
- Baltic
Countries
- Middle
East & Africa
About Future Market Insights Inc. (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of
the Stevie Award, and a member of the Greater New York Chamber of Commerce)
offers profound insights into the driving factors that are boosting demand in the
market. FMI stands as the leading global provider of market intelligence,
advisory services, consulting, and events for the Packaging, Food and Beverage,
Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast
team of over 400 analysts worldwide, FMI provides global, regional, and local
expertise on diverse domains and industry trends across more than 110
countries.
Contact Us:
Future Market Insights Inc.
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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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