Meat Packaging Market sales are projected to surpass a valuation of US$ 12.3 billion by 2033

According to Future Market Insights’ latest analysis, the global meat packaging market is forecast to progress from US$ 7.4 billion in 2023 to US$ 12.3 billion by 2033. Overall meat packaging demand is poised to rise at 5.2% CAGR throughout the assessment period (2023 to 2033).

Burgeoning demand for packaged meat products, increasing consumption of protein-based foods, and technological improvements for extending shelf life of meat products are few of the key factors expected to drive the meat packaging industry swiftly during the projection period.

Shelf life is known to be a crucial parameter among end users, such as meat producers, co-packers, and retailers, while choosing packaging films and their respective compatible packaging types. Barrier films and the adoption of appropriate packaging types such as vacuum and MAP enable meat producers, co-packers, and retailers to extend the shelf life of meat products by approximately 12 times. Further, these films also improve the visual appearance of meat products, and thus in turn attract meat product buyers.

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The barrier films offer protection of the meat products from moisture, and dust and maintain freshness for relatively long durations. Such packaging also prevents this perishable food product from getting stale. Therefore, a small increment in shelf life goes a long way in retaining the consumer base and expanding it. This helps in enhancing the market presence. Thus, growing need for increasing shelf life of meat products will continue to bolster demand for meat packaging sales during the forecast period.

Various advancements in technology and powerful automated lines have opened several possibilities for the meat packaging businesses. The most recent and superior technology is high-pressure processing (HPP), which does not require heat while packaging meat products. It is a post-processing method that utilizes cold pasteurization.

During this method, the packed meat products are kept under a high level of isotactic pressure which eventually increases the shelf-life of the meat. Numerous retailers and meat yielders can get profit in their business. This novel packaging system enables producers in contrasting themselves from their opponents and will play a crucial role in boosting the global meat packaging industry.

Key Takeaways from Meat Packaging Market

• By material, polyethylene segment is expected to hold around 56% share of the worldwide meat packaging industry during the assessment period.
• In terms of packaging technology, the modified atmosphere packaging technology segment is set to account for around 42% value share of the global market by the end of 2033.
• Based on product type, fresh meat segment is anticipated to hold a market share of around 50% in the next decade.
• By meat type, poultry meat segment is expected to reach around US$ 4.8 billion by the end of 2033.
• East Asia meat packaging market is forecast to expand at 5.5% CAGR through 2033.
• Meat packaging demand across South Asia is likely to surge at 6.1% throughout the assessment period.
• The USA is forecast to hold around 17.4% share of the global meat packaging industry in 2023.

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 “Growing demand for hygienic and well-preserved meat products with a prolonged shelf life is expected to drive the global meat packaging market swiftly during the projection period,” says an FMI analyst

Sustainability Offered by Flexible Packaging Formats to Augment Meat Packaging Market Development

Flexible packaging offers numerous benefits compared to rigid packaging materials. These benefits include lower energy usage, less raw material consumption, lower carbon footprint, and relatively lesser waste production. Lowered environmental impact can be achieved by reducing the quantity of material used in packaging.

Various stringent policies related to reuse and recyclability of plastics are being formed by governments worldwide. Administration of these regulations for improving sustainability is expected to propel the demand for flexible packaging in the future. This will eventually boost meat packaging market.

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Meat Packaging Market Landscape

The global meat packaging market is highly fragmented in nature. A larger portion of market share is held by domestic and local market players. Leading players in the sector are focusing on the expansion of production capacity, in addition to investing in tech improvements.

Some of the key players operating in the global meat packaging market are

• Amcor Plc,
• Berry Global Inc.,
• Winpak Ltd.,
• Sealed Air Corp.,
• Mondi Group,
• Amerplast Ltd.,
• Faerch Plast A/S,
• Bollore Group,
• Constantia Flexibles Group GmbH,
• Sonoco Products Company,
• Thantawan Industry Plc and
• Cascades Inc.

Meat Packaging Market by Category

By Material Type:

• Polyethylene (PE)
• Polypropylene (PP)
• Polyvinyl Chloride (PVC)
• Ethylene Vinyl Alcohol (EVOH)
• Polyamide (PA)
• Others

By Product Type:

• Fresh Meat
• Processed Meat
• Frozen Meat

By Meat Type:

• Beef
• Pork
• Poultry
• Seafood
• Others

By Packaging Technology:

• Modified Atmosphere
• Vacuum Skin
• Vacuum Thermoformed
• Others

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East and Africa (MEA)

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