Global Fresh Meat Packaging Market Expected To Expand At A CAGR Of About 5.2% During 2024 – 2032

07-Oct-2024 | Zion Market Research

As per the researchers at Zion Market Research, the valuation of the global fresh meat packaging market in 2023 was approx USD 7.53 Billion and is expected to grow at a CAGR of about 5.2% during the forecast period from 2024 to 2032. Few of the prominent players within the global fresh meat packaging market include Reynolds Group; Sealed Air Corp.; Bemis Co. Inc.; Winpak Ltd.; DuPont; Crown Holdings; Berry Plastic Group; Sealpac International BV; Amcor Ltd.; and Coveris Holdings S.A.; among others.

The companies within the global fresh meat packaging market are primarily focusing on collaborations and product launches. In the past few years, it has been observed that the top players active within the global fresh meat packaging market are concentrated on creating packaging that can lengthen the meat products’ shelf life and enhance food quality & safety. To cite, In July 2019, the next-gen MAPET® II packaging products were launched for the protein sector by Faerch produced completely from recycled materials that are 100% recyclable and can be utilized in fresh meat packaging.Global Fresh Meat Packaging Market Size

Rising Fresh Meat Product Consumption Anticipated To Drive The Global Market Growth

The expansion of the global fresh meat packaging market is expected to be mainly driven by the rising fresh meat product consumption, like beef and pork. The shelf life of fresh meat is limited and needs packaging that offers an appropriate oxygen amount to preserve its color. Appropriate packaging is also vital to keep up the product’s hygiene and freshness. Both of these factors are anticipated to propel the need for fresh meat packaging in the years to come. A noteworthy revolution has been witnessed within the packaging industry on account of consciousness about the destructive impacts of plastic. This, in turn, has lead to increased inclination for reusable and biodegradable materials like biodegradable paper. And these product advances are projected to fuel the growth of the global fresh meat packaging market during the forecast period.

Based On Material, Polyethylene Segment Expected To Grab The Largest Market Share

In 2018, based on material, the biggest share of the global market was grabbed by the polyethylene (PE) segment and is projected to witness a considerable expansion during the forecast period as well. This segmental growth can be attributed to the low production cost and elasticity of PE in comparison to other materials. Further, increasing use of plastic containers in household and industrial applications is anticipated to drive the market growth during the forecast period.

Global Fresh Meat Packaging Market

The Global Market Is Projected To Be Dominated By North America During The Forecast Period

Regionally, in 2018, the global fresh meat packaging market was ruled by North America and is expected to maintain its supremacy during the forecast period. The rising meat product consumption is propelling the market demand from nations such as the US. North America is projected to witness considerable expansion on account of stable increase in R&D spending to offer innovative packaging methods. Also, Asia Pacific is anticipated to exhibit substantial growth rate during the projected period owing to a swift rise in industrialization resulting in elevated purchasing power of customers in this region, this driving market growth.

Browse the full “Global Fresh Meat Packaging Market -By Material (BOPP, PE, EVOP, And Others), By Meat Type (Beef, Pork, Seafoods, And Poultry/Mutton), By Packaging Technology (Vacuum Thermoformed, Modified Atmosphere, And Vacuum Skin), And By Region- Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 – 2032.” Report at https://www.zionmarketresearch.com/report/fresh-meat-packaging-market

The global fresh meat packaging market is segmented as follows:

By Type

  • Beef
  • Poultry/Mutton
  • Pork
  • Seafoods

By Material

  • Polyethylene (PE)
  • Biaxially Oriented Polypropylene Films (BOPP)
  • Evolutionary Operation (EVOP)
  • Others

By Technology

  • Modified Atmosphere Packaging
  • Vacuum Thermoformed
  • Vacuum Skin Packaging

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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