The global fresh meat packaging market revenue is expected to expand at a lucrative CAGR over the forecast period. Growing demand for meat products such as pork, beef, poultry, and seafood, and prevention from contamination are some of the factors driving the market towards growth.
The global fresh meat packaging market report has been segmented on the basis of material, meat type, technology, and region.
On the basis of material, the target market is segmented into paper, plastic and metal sheet. Growth of plastic can be attributed to various factors such as average gain associated with the material over metals such as aluminum in terms of cost, weight and corrosion resistance.
On the basis of meat type, it is segmented into pork, beef, poultry and seafood.
Modified atmosphere packaging (MAP), vacuum skin packaging (VSP), and vacuum thermoformed packaging (VTP) are the key technology types used in fresh meat packaging. Among these, VSP technology segment enjoys a significantly high popularity among consumers.
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Based on the region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is fastest growing region, owing to rampant product innovation, resulting from extensive research and development activities such as vacuum packaging and modified atmosphere packaging. Rapid growth of the market is attributed with the increasing meat consumption in this region, with China being the major contributor for market growth. According to the Organization for Economic Co-operation and Development (OECD), China is the major producer of pork meat, accounting for around 31.3 kg/capita pork meat in 2016, followed by poultry and beef.
Key players operating in the global fresh meat packaging market include Bemis Company, Inc., Nuconic Packaging Llc, Winpak Ltd., Crown Holdings, Tetra Pak International S.A., Sealed Air Corp., Berry Plastic Group Inc., Coveris Holdings S.A., Silgan Holdings Inc., Toyo Seikan Group Holdings and Others.