Categories
Business

Fresh Meat Packaging Market Estimated To Flourish At By 2031

The fresh meat packaging market refers to the industry segment that produces and sells packaging solutions specifically designed for fresh meat products, including beef, pork, lamb, poultry, and seafood. These packaging solutions are designed to extend the shelf life of fresh meat products, maintain their freshness, and protect them from contamination during transport and storage. The global fresh meat packaging market has been growing in recent years, driven by the increasing demand for fresh and minimally processed meat products, as well as the growing awareness of food safety and quality. The global fresh meat packaging market was valued at USD 5.2 billion in 2020 and is projected to reach USD 6.9 billion by 2025, growing at a compound annual growth rate (CAGR) of 5.8% from 2020 to 2025.

The market is characterized by a wide variety of products, ranging from vacuum-sealed bags to modified atmosphere packaging (MAP) and active packaging solutions. The market is also highly competitive, with many established players, such as Sealed Air, Berry Global, and Amcor, competing alongside newer entrants, such as Coveris and Winpak. Factors driving growth in the fresh meat packaging market include the increasing demand for fresh and minimally processed meat products, the growing emphasis on food safety and quality, and the development of new and innovative packaging solutions that cater to the preferences of different types of customers. In addition, the growing demand for convenience and on-the-go meals is also contributing to market growth.

However, the market also faces several challenges, including the increasing pressure to reduce plastic waste and the need to balance affordability with sustainability. In addition, the need to comply with strict food safety and quality standards is also a major concern for companies in the fresh meat packaging market.

Overall, the fresh meat packaging market is expected to continue to grow in the coming years, driven by the increasing demand for fresh and minimally processed meat products and the growing awareness of food safety and quality. Companies that can offer innovative and sustainable packaging solutions are likely to have a competitive advantage in this market.

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Key findings of the Fresh Meat Packaging market study:

  • The report provides a present market outlook on Fresh Meat Packaging. Additionally, the Fresh Meat Packaging market share is anticipated to grow with a CAGR of 4% in the forecast period.
  • Regional breakdown of the Fresh Meat Packaging market based on predefined taxonomy.
  • Innovative manufacturing processes implemented by Fresh Meat Packaging vendors in detail.
  • Region-wise and country-wise fragmentation of the Fresh Meat Packaging market to grasp the revenue, and growth outlook in these areas.
  • Changing preferences among consumers across various regions and countries.
  • Factors (Positive and Negative) impacting the growth of the global Fresh Meat Packaging market.
  • Fresh Meat Packaging price, market share, and Trends forecast for assessment period 2021-2031

Market Segmentation by Category

  • Packaging Type
    • Modified Atmosphere Packaging
    • Vacuum Skin Packaging Stand Up Pouches
    • Vacuum Thermoformed Packaging
    • Others
  • Material
    • Polyethylene (PE) Packaging for Fresh Meat
    • Polypropylene (PP) Packaging for Fresh Meat
    • BOPP Packaging for Fresh Meat
    • EVOH Packaging for Fresh Meat
    • PVC Packaging for Fresh Meat
    • PA Packaging for Fresh Meat
    • Others
  • Meat Type
    • Fresh Beef Packaging
    • Fresh Pork Packaging
    • Fresh Poultry Packaging
    • Fresh Seafood Packaging
    • Others
  • Region
    • North America
    • Latin America
    • Europe
    • Middle East and Africa (MEA)
    • East Asia
    • South Asia
    • Oceania

Competitive Landscape

The Fresh Meat Packaging industry is dominated by some prominent players including

  • Mondi Plc
  • Amcor Plc
  • Berry Global Group Inc.
  • Coveris Holdings SA
  • Winpak Ltd.
  • Sealed Air Corporation
  • Bollore Group
  • Cascades Inc.
  • Amerplast Ltd.
  • R. Faerch Plast A/S

The competition in the sector is driven by key parameters such as product price, targeted customer base, and strategic marketing. Major players in the market focused on the Fresh Meat Packaging market innovation by investing more in research and development. Furthermore, the industry players are focusing on the extensive usage of online distribution channels for enhanced cost-effectiveness. The sustainability in the supply chain is a decisive factor for Fresh Meat Packaging brands leading to an impact on the margin profits of firms.

Report Benefits & Key Questions Answered

  • Fresh Meat Packaging Company & brand share analysis: Company and brand share analysis on Fresh Meat Packaging reveals how much market share is captured by Tier 1, Tier 2, and Tier 3 players
  • Fresh Meat Packaging Historical volume analysis: The industry analysis provides data & insights on historical volume sales of Fresh Meat Packaging
  • Fresh Meat Packaging Category & segment level analysis: Fact.MR’s Fresh Meat Packaging sales outlook offers category and segment level analysis on lucrative and nascent product types. Market players can use this information to identify sales potential and set sales targets at local, country, and regional level.
  • Fresh Meat Packaging Consumption by demographics: The market intelligence study provides consumption by demographics analysis so market players can design their product and marketing strategies on the basis of high-value consumers
  • Post COVID consumer spending on Fresh Meat Packaging: The report includes post COVID consumer spending analysis. This information will help business leads understand the shifts in purchasing power and behavior
  • Manufacturing trend analysis: Vital information on how market players are aligning their manufacturing strategies with respect to evolving consumer sentiments

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Categories
Business

Fresh Meat Packaging Manufacturers Are Subject To Witness Significant Growth During The Forecast Period 2022-2032

Fresh meat packaging manufacturers are subject to witness significant growth owing to increase in adoption of advanced packaging solutions. With rise in requirement for various types of packaging for meat such as beef, pork, poultry, and seafood, the global industry is set to ascend at a steady CAGR over the coming years.

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The latest report by Fact.MR provides a detailed analysis of the industry along with demand-supply curve, growth & restraining factors, and regional trends for the forecast period of 2021 to 2031. As stated in the report, North America and Europe will emerge as leading players, while the market in Asia Pacific will exhibit the fastest growth throughout the forecast period.

 

Key Takeaways from Market Study

 

  • High requirement for modified atmosphere packaging likely to be witnessed
  • Growing preference for Polyethylene (PE) material to boost sales
  • Rise in demand from beef and pork segments to fuel sales
  • The United States to remain a lucrative market for fresh meat packaging
  • Germany to maintain its lead in Europe’s market for fresh meat packaging
  • Asia Pacific to emerge as the fastest-growing market
  • China, the United Kingdom, India, Japan, France, and Canada to maintain positive industry outlook

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Market Segmentation by Category

  • Packaging Type
    • Modified Atmosphere Packaging
    • Vacuum Skin Packaging Stand Up Pouches
    • Vacuum Thermoformed Packaging
    • Others
  • Material
    • Polyethylene (PE) Packaging for Fresh Meat
    • Polypropylene (PP) Packaging for Fresh Meat
    • BOPP Packaging for Fresh Meat
    • EVOH Packaging for Fresh Meat
    • PVC Packaging for Fresh Meat
    • PA Packaging for Fresh Meat
    • Others
  • Meat Type
    • Fresh Beef Packaging
    • Fresh Pork Packaging
    • Fresh Poultry Packaging
    • Fresh Seafood Packaging
    • Others
  • Region
    • North America
    • Latin America
    • Europe
    • Middle East and Africa (MEA)
    • East Asia
    • South Asia
    • Oceania

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