“Global Meat Packaging Market
Analysis & Opportunity Outlook 2021”
The
global meat packaging market is segmented into material such as metal meat packaging, polyethylene (PE),
EVOH (ethylenvinyl alcohol), PA (polyamide), and others out of which, EVOH
(ethylenvinyl alcohol) segment is expected to dominate the overall meat packaging
market and is projected to seize a remarkable CAGR by the end of 2021.
Likely, increase in the demand for food packaging material products on the back
of growing consciousness towards health is predicted to foster the growth of
global meat packaging market. In
addition to this, rising adoption of
fresh meat packaging by online retailers are also projected to propel the
market of meat packaging in near future.
Global meat packaging market is anticipated to showcase a robust CAGR
over the forecast period i.e. 2015-2021. Moreover, the global meat packaging market is anticipated
to account exponential revenue by the end of 2021. Additionally, the market is riding on the back of expanding food
industry along with rising adoption of adoption of innovative packaging.
The modified atmosphere packaging (MAP) segment by technology
is anticipated to grab the biggest market of overall meat packaging. In terms of regional platform, North
America captured the largest market of global meat packaging market in 2014 and is expected to continue its dominance
during the forecast period. Moreover, meat packaging of seafood and poultry in
the U.S. is further expected to reach USD 9.5 Billion by 2017. Moreover, according to United States Department of Agriculture (USDA), by
2017 beef production is projected to accelerate from 3.4% compared to 2016.
Rising Consumer Awareness
Rising health and hygiene
concerns along with rising personal disposable income of consumers are believed
to foster the growth of global meat packaging market. Furthermore, growing
demand for convenience products due to increasing personal disposable income
are some of the major factors likely to foster the demand for meat packaging.
Advancement
in packaging
Growing
population along with advancement in the packaging technology is believed to be
the dynamic factor behind the rapid growth of meat packaging market across the
globe. Moreover, rising disposable income of the population across the globe on
the back of positive GDP figures are increasing the penetration of food packaged
products which in turn believed to flourish the growth of meat
packaging market.
On the contrary, rising
environmental concerns is expected to dampen the growth of meat packaging
market. In addition to this, environmental issues such as
recyclability and sustainability are hindering the demand of meat packaging.
The
report titled “Global Meat Packaging Market Analysis & Opportunity
Outlook 2021” delivers detailed
overview of the global meat packaging market in terms of market segmentation by
type, by technology, by material, by layer
type, by distribution channel and by region.
Further,
for the in-depth analysis, the report encompasses the industry growth drivers,
restraints, supply and demand risk, market attractiveness, BPS analysis and
Porter’s five force model.
This report also provides the
existing competitive scenario of some of the key players of the global meat
packaging market which includes company profiling of Bemis Company,
Inc., Sealed Air Corp., Amcor Ltd, Berry Global, Pactiv, Harpak-ULMA Packaging,
Coveris Holdings S.A, Multivac Sepp Haggenmüller GmbH & Co.KG, Sealpac
International BV, Winpak Ltd. The profiling enfolds key information of
the companies which encompasses business overview, products and services, key
financials and recent news and developments. On the whole, the report depicts
detailed overview of the global meat packaging market that will help industry
consultants, equipment manufacturers, existing players searching for expansion
opportunities, new players searching possibilities and other stakeholders to
align their market centric strategies according to the ongoing and expected trends
in the future.
About Research
Nester
Research Nester is a leading service provider for
strategic market research and consulting. We aim to provide unbiased,
unparalleled market insights and industry analysis to help industries,
conglomerates and executives to take wise decisions for their future marketing
strategy, expansion and investment etc. We believe every business can expand to
its new horizon, provided a right guidance at a right time is available through
strategic minds. Our out of box thinking helps our clients to take wise
decision so as to avoid future uncertainties.
Read more Information: https://www.researchnester.com/reports/-global-meat-packaging-market-analysis-opportunity-outlook-2021/72
Contact for more
Info:
Ajay
Daniel
U.S.
+1 646 586 9123
U.K.
+44 203 608 5919
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