Fresh Meat Packaging Market is projected to reach around US$ 2.5 billion by the end of 2027


Posted January 19, 2022 by neha_s

Fresh meat requires highly advanced packaging solutions so as to maintain the color and quality of the meat product.
 
Fresh meat requires highly advanced packaging solutions so as to maintain the color and quality of the meat product. Proper packaging also assists in maintaining freshness and hygiene of the product, in turn, increase the shelf-life of the meat product. Modified atmosphere packaging, vacuum skin packaging, and vacuum thermoformed packaging are some of the common packaging solutions. Case-ready, stretch film packing, thermoforming, and horizontal flow pack meat packaging are some of the other packaging solutions.
The global fresh meat packaging market is projected to reach around US$ 2.5 billion by the end of 2027, in terms of revenue, growing at CAGR of 2.2% during the forecast period (2019-202
Market Opportunities
Rising adoption of biodegradable plastic for the packaging of meat products is expected to offer potential growth opportunities to the market of fresh meat packaging. Charoen Pokphand Foods PCL (CP Foods) has launched sustainable packaging design for fresh chicken, and pork products, to optimize all resources used in food production, reducing waste, especially plastic waste, and promote the use of environmentally friendly materials in accordance with the concept of Circular Economy.

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Market Trends
The increasing trend of launching touch-free packaging by the manufacturer for meat products for people who hate touching raw meat is projected to propel the market growth of fresh meat packaging. For instance, in April 2018, Retail Giant Sainsbury's has introduced 'touch-free' packaging for chicken in a bid to cater to people who hate touching raw meat. Therefore, the advent of such innovative packaging solutions will favor market growth over the forecast period.

Competitive Section:
Amcor Limited, E.I. du Pont de Nemours & Co, Bemis Company, Inc., Berry Plastic Group, Winpack Ltd., Sealed Air Corp., Crown Holdings, Reynolds Group, Coveris Holdings S.A., and Sealpac International BV.

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Last Updated January 19, 2022