Global Fresh Meat Packaging Market Report Size, Trends & Growth Opportunity, By Packaging Technology (Modified Atmosphere Packaging, Vacuum Thermoformed, Vacuum Skin Packaging), By Material Type (Polyethylene (PE), Biaxially Oriented Polypropylene Films (BOPP), Evolutionary Operation (EVOP), Others), By Meat Type (Beef, Pork, Poultry, Seafood, Others), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) And Forecast Till 2030.
Global Fresh Meat Packaging Market
The Global Fresh Meat Packaging Market is estimated to be USD 2.30 Bn in 2022 and is projected to reach USD 4.22 Bn by 2030, growing at a CAGR of 6.55%.
In the preservation of meat and the extent of the shelf life of meat, Packaging plays an important role. A packaging solution that is used to package and protect fresh meat products is Fresh meat packaging.
Market Drivers
The growing acceptance of new-age packaging materials and techniques is one of the most important driving factors that drive market growth.
Moreover, the Rising demand for flexible packaging in the key packaging of fresh meat is expected to boost the growth of the market.
Also, Nano-particles of copper and silver are making strides in Packaging Technologies like stopping the bacterial and infective deterioration of meat products further propelling the market growth.
Market Restraints
One of the main restraining factors for market growth is unpredictability in the costs of raw packaging materials. Also, high prices linked with advanced packaging will hamper market growth.
Furthermore, rigorous regulations levied by the government on plastic usage will also hinder the market's growth.
Market Segmentation
Fresh Meat Packaging Market is segmented into major 4 categories. Based on Packaging Technology, the market is segmented into Modified Atmosphere Packaging, Vacuum Thermoformed, and Vacuum Skin Packaging. Based on Meat Type, the market is divided into Beef, Pork, Poultry, Seafood, and Others. Based on Material Type, the market is segmented into Polyethylene (PE), Biaxially Oriented Polypropylene Films (BOPP), Evolutionary Operation (EVOP), and Others. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East.
Regional Analysis
Based on region, North America is expected to dominate the market owing to the growing consumption of meat & meat product products is driving the demand from countries such as the U.S.
Asia Pacific is likely to witness the fastest development because of the accessibility of Material Types, speedy growth in industrialization, and increasing urbanization. Also, the development and growth of the food and beverages sector and the increasing disposable income of individuals boost the growth in this region.
Market Key Players
Some of the key players operating in the Global Fresh Meat Packaging Market are Reynolds Group, Coveris Holdings S.A., Sealpac International BV, Smurfit Kappa Group, Bollore Plastic Films Division, Amerplast, Faerch A/S, EasyPak, ULMA Group, Packaging Corporation of America.
Industry development
In 2022, Cargo Tuff LLC introduced cargo tuff airbag compacter. This new launch will aid the company in reducing the usage of used airbags. With this launch, the company is one step ahead of reusability and recycling. This innovation is cost-efficient and also supports the easy deflation of airbags.
In 2021, Signode Industrial Group LLC offered a new Mobile Air Xtreme (Max) Inflatoror portable dunnage airbag inflation.
Global Fresh Meat Packaging Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Fresh Meat Packaging Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Fresh Meat Packaging Market, By Material Type
5.1 Y-o-Y Growth Comparison, By Material Type
5.2 Fresh Meat Packaging Market Share Analysis, By Material Type
5.3 Fresh Meat Packaging Market Size and Forecast, By Material Type
5.3.1 Polyethylene (PE)
5.3.2 Biaxially Oriented Polypropylene Films (BOPP)
5.3.3 Evolutionary Operation (EVOP)
5.3.4 Others
6 Fresh Meat Packaging Market, By Packaging Technology
6.1 Y-o-Y Growth Comparison, By Packaging Technology
6.2 Fresh Meat Packaging Market Share Analysis, By Packaging Technology
6.3 Fresh Meat Packaging Market Size and Forecast, By Packaging Technology
6.3.1 Modified Atmosphere Packaging
6.3.2 Vacuum Thermoformed
6.3.3 Vacuum Skin Packaging
7 Fresh Meat Packaging Market, By Meat Type
7.1 Y-o-Y Growth Comparison, By Meat Type
7.2 Fresh Meat Packaging Market Share Analysis, By Meat Type
7.3 Fresh Meat Packaging Market Size and Forecast, By Meat Type
7.3.1 Beef
7.3.2 Pork
7.3.3 Poultry
7.3.4 Seafood
7.3.5 Others
8 Fresh Meat Packaging Market, By Region
8.1 Fresh Meat Packaging Market Share Analysis, By Region
8.2 Fresh Meat Packaging Market Share Analysis, By Region
8.3 Fresh Meat Packaging Market Size and Forecast, By Region
9 North America Fresh Meat Packaging Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Fresh Meat Packaging Market Share Analysis, By Material Type
9.3 North America Fresh Meat Packaging Market Size and Forecast, By Packaging Technology
9.4 North America Fresh Meat Packaging Market Size and Forecast, By Meat Type
9.5 North America Fresh Meat Packaging Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Fresh Meat Packaging Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Fresh Meat Packaging Market Share Analysis, By Material Type
10.3 Europe Fresh Meat Packaging Market Size and Forecast, By Packaging Technology
10.4 Europe Fresh Meat Packaging Market Size and Forecast, By Meat Type
10.5 Europe Fresh Meat Packaging Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11 Asia Pacific Fresh Meat Packaging Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Fresh Meat Packaging Market Share Analysis, By Material Type
11.3 Asia Pacific Fresh Meat Packaging Market Size and Forecast, By Packaging Technology
11.4 Asia Pacific Fresh Meat Packaging Market Size and Forecast, By Meat Type
11.5 Asia Pacific Fresh Meat Packaging Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Fresh Meat Packaging Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Fresh Meat Packaging Market Share Analysis, By Material Type
12.3 Latin America Fresh Meat Packaging Market Size and Forecast, By Packaging Technology
12.4 Latin America Fresh Meat Packaging Market Size and Forecast, By Meat Type
12.4 Latin America Fresh Meat Packaging Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Fresh Meat Packaging Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Fresh Meat Packaging Market Share Analysis, By Material Type
13.3 Middle East Fresh Meat Packaging Market Size and Forecast, By Packaging Technology
13.4 Middle East Fresh Meat Packaging Market Size and Forecast, By Meat Type
13.5 Middle East Fresh Meat Packaging Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Reynolds Group
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Coveris Holdings S.A.
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 Smrurfit Kappa Group
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Bollore Plastic Films Division
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Amerplast
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Faerch A/S
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 ULMA Group
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 EasyPak
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Packaging Corporation of America
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Sealpac International BV
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
