Major players in the fresh meat packaging market are E.I. du Pont de Nemours & Co, Bemis Company, Inc., Sealed Air Corp., Crown Holdings, Coveris Holdings S.A., Amcor Plc, Coveris Management GmbH, Crown Holdings Inc., DuPont de Nemours Inc., Kureha Corp., Reynolds Group Holdings Ltd., Winpak Ltd., Sealpac International BV, Dupont, Berry Global, Coveris, Cascades, Constantia, Suedpack, Sonoco Products Co., and Smurfit Kappa.
The global fresh meat packaging market is expected to grow from $2.32 billion in 2020 to $2.50 billion in 2021 at a compound annual growth rate (CAGR) of 7.7%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $3.22 billion in 2025 at a CAGR of 6.5%.
The fresh meat packaging market consists of sales of packaging materials used to preserve fresh meat and forms of fresh meat products.The fresh meat packaging industry includes some traditional packaging solutions including changed atmosphere packaging, vacuum skin packaging, and vacuum thermoformed packaging.
Such packaging solutions provide efficient transport and increase the storage of meat products by ensuring the fresh and timely distribution of meat products.
The main types of packaging formats used in the fresh meat packaging market are modified atmosphere packaging (MAP), vacuum skin packaging (VSP), and vacuum thermoformed packaging (VTP).Modified atmosphere packaging is a packaging system that involves a gaseous atmosphere surrounding the food product at an acceptable level for the preservation of food.
Vacuum skin packaging is the packing process done by loading food and applying a lid over it with a heated and softened upper layer.Vacuum thermoformed packaging is a simplified form of thermoforming using only heat, vacuum, and atmospheric part to form a thermoplastic layer.
The different types of materials used to manufacture packages are PE, PVC, BOPP, PA, EVOH, PP and are used to pack a variety of meats such as beef, pork, and poultry.
The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The growth of fresh meat packaging is limited by the change of customer preferences towards vegan food products due to growing awareness of the health benefits of vegan food.Moreover, according to an NCBI report, intake of red meat has been reported to raise the risk of incident coronary heart disease, stroke, and other illnesses that cause health problems.
Besides, according to a report by science daily, consumption of red meat, processed meat, or poultry may cause a 3-7% higher risk of cardiovascular diseases and a 3% higher risk of all causes of death. The deteriorating health conditions with consumption of meat has turned the customers to vegan option for better health, thereby negatively impacting fresh meat packaging market.
In May 2019, Sealed Air Corporation a packaging company acquired Automated Packaging Systems for a deal amount of $510 million on a cash and debt-free basis.The deal will expand its protective packaging business with complementary solutions and services in the US.
Automated packaging systems provides full flexible packaging systems, including industry-leading equipment, sustainable materials, and technical services.
The increased consumption of meat is contributing to the growth of the fresh meat packaging market.According to estimates from a study by the Australia Department of Agriculture Water and the Environment, meat consumption for 20 years to 2018 grew by 58% crossing 360 million tons.
In 2019, the per capita meat consumption in Spain was 46.2 kilograms, of which chicken was the most consumed fresh meat. The increase in consumption of meat contributed to the growth of the market.
The fresh meat packaging industry has been witnessing a rise in interactive and smart packaging to increase customer satisfaction.Smart packaging improves product’s shelf life, monitor freshness, maintain quality and improve safety and convenience with a transparent view of the product creating a fresh appeal to the consumer’s eye.
The use of modern technologies such as barcodes, radio-frequency identification (RFID) devices, QR codes, near-field communication (NFC) provides meat processing companies with various information including product information and the expiry date.For instance, Foster Farms, a leading poultry firm, has introduced a cooperative and engaging package called DORI.
Using QR code, data such as more than 500 fresh chicken recipes and a guide to terminology for poultry labeling can be accessed by users.
The countries covered in the fresh meat packaging market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Our reports have been used by over 10K customers, including:
As the global chemicals industry is at the onset of the recovery phase, companies are focusing on identifying and monetizing new opportunities in the industry. The majority of the chemical industries are likely to record volume growth of 4% to 8% in the short term, depending on the chemical sub-segment and product portfolio. A large volume...
The contract packaging market registered a CAGR of 15.33%, over the forecast period from 2021 to 2026. Growth in the global contract packaging market is mainly influenced by the changing preferences of manufacturing firms, who usually outsource packing activities to third-party players. This is because manufacturers are increasingly focusing...
Semiconductor Packaging Materials Companies are revising their long-term strategies to emerge stronger in the post-COVID pandemic scenario. After facing series of challenges such as supply chain disruption, demand fluctuations, other pressing concerns during 2020, companies are revising their strategies through modifying the composition of...
The Europe embedded die packaging technology market is expected to grow from US$ 9,686.92 thousand in 2020 to US$ 35,043.61 thousand by 2028; it is estimated to grow at a CAGR of 17.8 % from 2021 to 2028. Escalating demand for miniaturization of electronic devices and the growing trend of the small form factor-based handheld electronic devices...
China Packaging Industry - Market Assessment, Key Trends and Opportunities to 2025
The packaging industry in China is estimated to grow from 936.4 billion units in 2020 to 1,035.5 billion units in 2025, at a CAGR of 2%. Rigid Plastics accounted for the largest share in the packaging industry,...
2021 Animal Food Market - Size, Share, Competition and Forecasts to 2027 Overview: The global Animal Food Market is estimated to generate revenue worth USD 578.2 in 2020, and is expected to grow at 3.44 CAGR during the forecast period of 2021 to 2027, and reach an expected market value of USD 732.7...
275 pages •
By Global Industry Analysts
• Apr 2021
- Global Shrink Film for Beverage Multipacks Market to Reach $2.7 Billion by 2027
- Amid the COVID-19 crisis, the global market for Shrink Film for Beverage Multipacks estimated at US$2.4 Billion in the year 2020, is projected to reach a revised size of US$2.7 Billion by 2027, growing at aCAGR of 2% over...
134 pages •
By Global Industry Analysts
• Apr 2021
- Global Flexible Industrial Packaging Market to Reach $21.5 Billion by 2027
- Amid the COVID-19 crisis, the global market for Flexible Industrial Packaging estimated at US$15.7 Billion in the year 2020, is projected to reach a revised size of US$21.5 Billion by 2027, growing at a CAGR of 4.5% over the analysis...
- Global Wafer-level Packaging Equipment Market to Reach $12.1 Billion by 2027
- Amid the COVID-19 crisis, the global market for Wafer-level Packaging Equipment estimated at US$3.8 Billion in the year 2020, is projected to reach a revised size of US$12.1 Billion by 2027, growing at a CAGR of 18.2% over the...
188 pages •
By Global Industry Analysts
• Apr 2021
- Global Lithography Equipment Market to Reach $542.7 Million by 2027
- Amid the COVID-19 crisis, the global market for Lithography Equipment estimated at US$210.5 Million in the year 2020, is projected to reach a revised size of US$542.7 Million by 2027, growing at a CAGR of 14.5% over the analysis period...
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.