Global Processed Meat Packaging Market to Grow at 4.8% CAGR, Create US$ 2.4 Billion Incremental Opportunity by 2032

Processed meat packaging refers to the packaging of meat products such as sausages, ham, bacon, and other types of meat that have been processed for consumption. The packaging of processed meat products is essential to preserve their freshness, prevent contamination, and increase their shelf life.

As per the World Health Organization (WHO), children and adults should reduce their daily intake of free sugars to less than 10% of their total energy intake. Further, a reduction to below 5% or roughly 25 grams per day will offer additional health benefits. Thus, similar guidelines and recommendations by government healthcare organizations are anticipated to push sales of small sized packaging of meat and meat products.

The size of the world market for packaged processed meat was estimated to be about US$ 1.4 billion in 2021 and is anticipated to grow at a CAGR of 4.8% from 2022 to 2032. The processed meat packaging industry is anticipated to generate an extra US$ 2.4 billion in potential in 2032 throughout the forecast period.

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Key Companies Profiled

1. Amcor Plc
2. Berry Global Inc.
3. Winpak Ltd.
4. Sealed Air Corp.
5. Mondi Group
6. Amerplast Ltd.
7. Faerch Plast A/S
8. Bollore Group
9. Constantia Flexibles Group GmbH
10. Sonoco Products Company
11. Thantawan Industry Plc

Current Trends in Processed Meat Packaging Market

The processed meat packaging market has seen several trends in recent years, including:

1. Sustainable Packaging- Sustainable packaging has become a growing trend in the processed meat packaging market. With the increasing concern about the environment, consumers are demanding eco-friendly packaging solutions. Manufacturers are using biodegradable and recyclable packaging materials to reduce the carbon footprint and improve sustainability.
2. Convenience Packaging- Convenience packaging is another trend in the processed meat packaging market. Consumers are looking for products that are easy to use, open, and store. Manufacturers are developing innovative packaging solutions such as easy-open and resealable packages to meet the demand for convenience.
3. Smart Packaging- Smart packaging is an emerging trend in the processed meat packaging market. Smart packaging uses sensors and indicators to monitor the quality and freshness of the product. It also helps to track the product during transportation and storage, ensuring that it reaches the consumer in good condition.

How the U.S. Expected to Increase Processed Meat Packaging Sales?
Growing Demand for Fresh Meat Packaging to Support US Growth

1. The North America Meat Institute claims that the meat industry is the greatest segment of American agriculture. The nation generated around US$ 52 billion pounds of meat in 2017. In terms of both demand and market share, the United States leads the world for meat products.
2. The country's market for processed meat packaging is anticipated to grow quickly due to the increased demand for premium, fresh meat products brought on by rising disposable income. The market for processed meat packaging in the United States is consequently expected to grow to US$ 710 million by 2032.

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Processed Meat Packaging Market Outlook by Category

By Product Type:

Trays
Pouches
Cans
Films & Wraps
Others (Containers, Bags, etc.)

By Material:

Plastic
Metal
Paper & Paper Board

By Application:

Beef
Pork
Poultry
Seafood
Others

Growth Opportunities in Processed Meat Packaging Market

The processed meat packaging market offers several growth opportunities for manufacturers and suppliers. Some of the growth opportunities include:

1. Increased Demand for Sustainable Packaging- As consumers become more environmentally conscious, the demand for sustainable packaging is expected to increase. Manufacturers that offer eco-friendly packaging solutions are likely to have a competitive advantage in the market.
2. Growing Demand for Online Food Delivery- The rise in e-commerce and online food delivery services has increased the demand for processed meat packaging. Manufacturers that can provide packaging solutions that meet the specific needs of online food delivery services are likely to see growth in the market.
3. Technological Advancements- Technological advancements in the packaging industry, such as smart packaging and active packaging, offer new growth opportunities for manufacturers. Smart packaging can help to improve product safety and reduce food waste, while active packaging can extend the shelf life of the product.

Find Other Packaging Reports Here:

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Caps and Closures Market: https://www.futuremarketinsights.com/reports/caps-and-closures-market

Billing Paper Market: https://www.futuremarketinsights.com/reports/billing-paper-market

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