About Meat Packaging
Demand for meat packaging is projected to witness single-digit growth during the forecast period. This growth is attributed to the increased production of meat in the global market. The packaging is anything that is used to contain, handle, protect, and deliver raw material and processed goods. Interest for meat packaging is anticipated to observe single-digit development during the gauge time frame. This development is credited to the expanded creation of meat in the worldwide market. The packaging is anything which is utilized to contain, handle, ensure, and convey crude material and prepared products.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
The big multinational companies in this category are investing heavily in the expansion development of product portfolio in meat packaging material in order to maintain a position in the packaging market. The companies are also focusing on mergers and acquisitions as strategies to enhance their production facilities and expand their global presence. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Meat Packaging market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Dupont (United States), Amcor Ltd. (Australia), Berry Plastic Group (United States), Bemis Co. Inc. (United States), Sealed Air Corp. (United States), Winpack Ltd. (Canada), Reynolds Group (Auckland), Crown Holdings (United States), Sealpac International BV (Netherlands) and Coveris Holdings S.A. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Meat Packaging market by Type (Flexible Plastic Meat Packaging, Rigid Plastic Meat Packaging, Metal Meat Packaging and Others), Application (Fresh Meat Packaging and Processed Meat Packaging) and Region.
On the basis of geography, the market of Meat Packaging has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Technology, the sub-segment i.e. Modified Atmosphere Packaging (MAP) will boost the Meat Packaging market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material Type, the sub-segment i.e. Polyethylene (PE) will boost the Meat Packaging market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Meat Type, the sub-segment i.e. Beef will boost the Meat Packaging market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The increasing trend of launching touch-free packaging by the manufacturer for meat products for people who hate touching raw meat
Market Growth Drivers:
Increased Consumption of Pork and Beef and Interesting urbanization especially in developing economies
Challenges:
The rising concern regarding the health
Restraints:
The concern regarding environmental issues such as recyclability and sustainability coupled with hygienic packaging
Opportunities:
Rising adoption of biodegradable plastic for the packaging of meat products and High adoption of Nano packaging
Key Target Audience
Government Agencies, Commercial Research & Development Institutions, Government Organizations, Research Organizations, and Consulting Firms, Trade Associations and Industry Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.