Press release
Fresh Meat Packaging Market Anticipated To Witness Robust Growth, Surpassing $4.26 Billion By 2029
Fresh Meat Packaging
What Is the Current Fresh Meat Packaging Market Size and Its Estimated Growth Rate?
The market size for fresh meat packaging has witnessed a substantial growth over the recent past. Its value is projected to increase from $3.07 billion in 2024 to $3.29 billion in 2025, maintaining a compound annual growth rate (CAGR) of 7.3%. Factors contributing to growth in the historical period include ramped-up investments in new production facilities, a growing fondness for seafood, a rise in preference for eco-friendly and reusable packaging options, and an elevated level of disposable income.
In the forthcoming years, the fresh meat packaging market is predicted to exhibit robust growth, reaching $4.26 billion in 2029 with a compound annual growth rate (CAGR) of 6.7%. Factors anticipated to drive the growth during the projection period comprise increased meat consumption, enhanced governmental investments, as well as a surge in global population. Key trends for the upcoming period include an emphasis on introducing eco-friendly packaging, the development of intelligent packaging, the utilization of ocean-salvaged plastic, and the establishment of partnerships for product enhancement and competitive market positioning.
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How Are Emerging Segments Shaping the Fresh Meat Packaging Market Landscape?
The fresh meat packaging market covered in this report is segmented -
1) By Packaging: Modified Atmosphere packaging (MAP), Vacuum Skin Packaging (VSP), Vacuum Thermoformed Packaging (VTP), Multi-layer Shrinkable Packaging, Other Packaging Formats
2) By Meat Type: Beef, Pork, Poultry and Mutton, Seafood, Other Meat types
3) By Material Type: Polyethylene (PE), Polyvinyl Chloride (PVC), Biaxially Oriented Polypropylene (BOPP), Polyamide (PA), Ethylene Vinyl Alcohol (EVOH), Polypropylene (PP), Other Material Types
Subsegments:
1) By Modified Atmosphere Packaging (MAP): Gas Flushing Systems, Barrier Films
2) By Vacuum Skin Packaging (VSP): Skin-Forming Films, Rigid Trays
3) By Vacuum Thermoformed Packaging (VTP): Thermoformed Trays, Vacuum-Sealed Pouches
4) By Multi-layer Shrinkable Packaging: Shrink Bags, Shrink Films
5) By Other Packaging Formats: Blister Packaging, Resealable Pouches, Foam Trays With Overwrap
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Which Growth Factors Are Influencing Fresh Meat Packaging Market Expansion?
The growth of the fresh meat packaging market is being driven by the increased consumption of meat. Fresh meat not only boosts health but also minimizes the risk of microbial contamination, leading to a rise in demand for its packaging. For example, Dezan Shira & Associates, a professional services company based in China, reported in February 2023 that meat production in China had reached 92.27 million tons in 2022, a 3.8% increase from the previous year. Consequently, the escalating consumption of meat stimulates the expansion of the fresh meat packaging market.
Who Are the Dominant Players Across Different Fresh Meat Packaging Market Segments?
Major companies operating in the fresh meat packaging market include Sealed Air Corp, Amcor Plc, The Smurfit Kappa Group plc, Sonoco Products Company, Crown Holdings, Cascades Inc., Winpak Ltd, Mondi Plc, Bollore Group, Oakdale Meat Co, Yunnan Shennong Meat Food Co Ltd, Zoneco Group, Dalian Hanwei Enterprise Group, Charoen Pokphand Group, SP Group, Ajamco Group, Toppan, ArtPlast Polska Sp. z o.o, Siba International, Doyoo Group, LINPAC Packaging SEALPAC UK & Partners, Multivac UK, PACCOR Packaging GmbH, SIG Combibloc Group, CoCopac Limited, Frigorco Pampeano, Solidus Solutions, ULMA Packaging, Supervac Maschinenbau GmbH, Krehalon, BRF S. A, Noelma, Zeus Petruzalek, Coveris Holdings S.A, La Cooperativa Trento Chaqueña, IGC Engineering Ltd, Compañía Avicola, Atlantis-Pak, LAICOM S.R.L, JBS Foods, Schoeller Allibert AB, Valley Meats, Foster Farms, Conagra Brands Inc, Tyson Fresh Meats Inc, Smithfield Foods Inc, Bemis Company Inc, Berry Plastic Group Inc, National Beef Packing Co LLC, Cargill Inc, Diamond Meat Processing LLC, Ponapack, Qatar Meat Production Company LLC, Amber Packaging Industries LLC, Al Bayader International, Egyptian Meat Processing Co, Kenya Meat Processors Ltd, Quality Meat Packers, Nile union meat company, Gilgal Meat Mart Limited, Irvin & Johnson Ltd, Rainbow Farms Pty Ltd, Astral Foods Ltd, Coveris Rigid Turkey Ambalaj A. S
What Are the Latest Developing Trends in the Fresh Meat Packaging Market?
There has been a surge in the use of interactive and intelligent packaging in the fresh meat packaging industry to boost consumer satisfaction. This smart packaging enhances the product's longevity, keeps an eye on freshness, retains quality, and enhances safety and convenience by offering a clear view of the product, thus presenting a newly appealing look to the consumer. Modern technologies like barcodes, RFID devices, QR and NFC codes endow meat processing companies with a plethora of information, encompassing product details and sell-by date. For instance, a pioneer in the poultry industry, Foster Farms, has debuted an informative and engaging package called DORI. By using QR codes, the user can access data such as over 500 different fresh chicken recipes and a comprehensive glossary of terms for poultry labeling.
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Which Geographic Regions Are Expected to Dominate the Fresh Meat Packaging Market in the Coming Years?
North America was the largest region in the fresh meat packaging market in 2024. The regions covered in the fresh meat packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Fresh Meat Packaging Market?
2. What is the CAGR expected in the Fresh Meat Packaging Market?
3. What Are the Key Innovations Transforming the Fresh Meat Packaging Industry?
4. Which Region Is Leading the Fresh Meat Packaging Market?
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