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.
Global Fresh Meat Packaging Market Size And Drivers:
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 increased consumption of meat is contributing to the growth of the fresh meat packaging market.
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Trends In The Global Fresh Meat Packaging 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.
Global Fresh Meat Packaging Market Segments:
The global fresh meat packaging market is further segmented –
By Packaging Format: Modified Atmosphere Packaging (MAP), Vacuum Skin Packaging (VSP), Vacuum Thermoformed Packaging (VTP), Others
By Meat Type: Beef, Pork, Poultry, Others
By Material Type: PE, PVC, BOPP, PA, EVOH, PP, Others
By Geography: The global fresh meat packaging market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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Fresh Meat Packaging Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides fresh meat packaging market overviews, analyzes and forecasts market size and growth for the global fresh meat packaging market, fresh meat packaging market share, fresh meat packaging market players, fresh meat packaging market segments and geographies, fresh meat packaging market’s leading competitors’ revenues, profiles and market shares. The fresh meat packaging market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
