Global Poultry Packaging Market: Sustained Growth at 4.0% CAGR Envisions a US$ 3.85 Million Milestone by 2033

Introduction:

In a world where convenience and safety are paramount, the Poultry Packaging Market plays a crucial role in ensuring that poultry products reach consumers in the best possible condition. This dynamic industry is constantly evolving to meet the demands of a growing market. In this article, we will delve into the Poultry Packaging Market, exploring its key aspects, innovations, and sustainability initiatives.

Poultry Packaging Overview:

The Poultry Packaging Market is a critical component of the food packaging industry. It encompasses the packaging solutions designed specifically for poultry products, including chicken, turkey, and other avian items. As consumers seek convenient and safe food options, the poultry packaging sector has witnessed significant growth. Let's explore this market in more detail.

In 2023, the global poultry packaging market is on track to achieve a valuation of US$ 2.6 billion, with a promising trajectory ahead. Over the course of the next decade, from 2023 to 2033, this market is anticipated to witness steady growth, driven by a steady 4.0% Compound Annual Growth Rate (CAGR), ultimately culminating in a valuation of US$ 3.85 million.

Get our Sample Report to discover how recent industry developments, like: https://www.futuremarketinsights.com/reports/sample/rep-gb-15449

Poultry Packaging Market Landscape

Berry Global Inc., Amcor PLC, Mondi Group, Smurfit Kappa and International Paper are the key players operating in the global poultry packaging market. Also, some of the noticeable players operating in the poultry packaging are

1. Sealed Air Corporation,
2. ProAmpac LLC,
3. Glenroy, Inc.,
4. Sonoco Products Company,
5. Winpak Limited,
6. Sealpac International bv,
7. Klöckner Pentaplast,
8. Mannok Pack,
9. Orora Packaging Australia Pty Ltd,
10. Visy,
11. Cascades Inc.,
12. ULMA GROUP,
13. Smart Packaging Solutions,
14. VISKOTEEPAK,
15. Safepack and
16. others.

Key Takeaways from Poultry Packaging Market

1. In terms of packaging format, the segment rigid packaging is projected to grow at the rate of 5.6% CAGR between 2022 and 2032.
2. North America is expected to have a high growth owing to increasing demand for nutritional protein rich food and growing consumption of poultry products in the region.
3. Based on distribution channel, the retail store segment is expected to surge at 1.6x the current market value during the forecast period.
4. The U.S. is expected to dominate the global poultry packaging market owing to the presence of leading players in the country
5. India is predicted to lead the growth in South Asia poultry packaging market on the back of growing development in the packaging industry

Widespread Consumption of Poultry Meals to Boost the Market

There is a rise in the demand for healthy diet products as the generation is inclining toward a healthy lifestyle. Poultry provides nutritional food containing high quality protein and it has a low proportion of fat. Various benefits of poultry meat have increased the consumption of the poultry meals such as a balanced diet, reduce risk of diseases and overweight, etc.

Thus, the consumer becoming more cognizant and aware of building a healthy lifestyle to fight against any unforeseen pandemic has increased the consumption of nutritive poultry meals. Hence, widespread consumption of poultry meat across the globe will increase the demand for poultry packaging.

Poultry Packaging Market by Category

By Material:

Plastic
Paper
Molded Pulp

By Packaging Type:

Rigid Packaging
Trays
Bowls
Cans
Boxes
Flexible Packaging
Pouches
Wraps
Bags
Films

By Distribution Channel:

E-commerce
Retail Stores
Convenience Stores

By Region:

North America
Latin America
Europe
South Asia
East Asia
Middle East & Africa
Oceania

Ready to Learn About Our Approach? Explore Our Methodology: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-15449

Frequently Asked Questions (FAQs)

1. What will be the growth of Poultry Packaging Market in the coming years?
2. Who are the key players in the Poultry Packaging Market?
3. What will be the size of Poultry Packaging Market in the foreseeable future?
4. Which end-use type is expected to register significant growth in the Poultry Packaging Market?
5. Which region accounted for the largest share in the Poultry Packaging Market?
6. Who are the target audience in the Poultry Packaging Market?

Find Other Interesting Reports Here:

Growlers Market: https://www.futuremarketinsights.com/reports/growlers-market

Metallized Films Market: https://www.futuremarketinsights.com/reports/metalized-films-market

Palletizers Market: https://www.futuremarketinsights.com/reports/palletizers-market

Contact Us:        

Nandini Singh Sawlani  

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

About Future Market Insights (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 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

This release was published on openPR.