The Meat Packaging Market is being driven by Rising awareness of high nutritional value of meat products
The Meat Packaging Market is expected to grow at a CAGR of 5% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 2599.1 million. In the meat packaging industry, the adoption of plastic films is on the rise due to their cost-effective and space-efficient advantages. These films serve as stretch and shrink options for wrapping meat products, thereby enhancing their shelf life. Compared to rigid packaging like clamshells, plastic films reduce manufacturing costs by approximately 45%. Furthermore, the use of plastic films optimizes space utilization in transportation vehicles, thereby decreasing overall logistical expenses.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
207 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5% |
Market growth 2025-2029 |
USD 2599.1 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
4.7 |
Key countries |
China, US, UK, Japan, Canada, South Korea, Germany, Italy, Brazil, and UAE |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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During the assessment period, the meat packaging industry experienced significant growth in sales, driven by the increasing demand for protein-rich packaged food products. The Polyethylene segment dominated the market due to its excellent moisture barrier properties. Shelf life, contamination control, and color and quality were key considerations. Meat products, poultry, and fresh seafood were major applications. Vacuum packaging and cold storage were common practices, while retort packaging ensured safety and extended shelf life. Economic Research Service data indicated continued growth, with materials like biodegradable paper gaining popularity for their sustainability.
The global meat packaging market is a significant segment of the packaged foods and meats industry, focusing on vendors engaged in food processing to ensure food safety and extend product shelf life. According to Technavio's market analysis, the market size is determined by the consolidated revenue generated by these participants. It's important to note that this market excludes manufacturers of food processing equipment and packaged beverages, including alcoholic and non-alcoholic varieties. Key growth drivers for the global packaged foods and meats market include the health benefits linked to the consumption of protein-rich, minimally processed products. These items, such as meat, offer essential nutrients like potassium, dietary fiber, folate, vitamin A, and vitamin C, making them valuable additions to consumers' diets.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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