Global Fresh Meat Packaging Market Size 2024, Forecast To 2033
11 Mar, 2024
The fresh meat packaging market size has grown strongly in recent years. It will grow from $2.88 billion in 2023 to $3.09 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to increasing investments in new plants, increased popularity of seafood, rising preference for biodegradable and reusable packaging and increased disposable income. The fresh meat packaging market size is expected to see strong growth in the next few years. It will grow to $3.96 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to increasing consumption of meat, rising government investments and a rise in global population. Major trends in the forecast period include focus on launching sustainable packaging, focus on smart packaging, use of prevented ocean plastic, and undergoing partnerships to improve their product offerings and to stay competitive in the market.
Global Fresh Meat Packaging Market Key Driver
The fresh meat packaging market is experiencing growth driven by the increased consumption of meat, attributed to its health benefits and the desire to reduce the risk of microbial contamination. In November 2021, Redefine Meat Ltd. reported that global meat consumption in 2020 was 340 metric tons and is expected to surpass 460–570 metric tons by 2025. The annual meat consumption, around 350 million tons globally in November 2021, is projected to increase by 44% by 2030. This heightened meat consumption is a key factor propelling the growth of the fresh meat packaging market, with market size values for 2023, 2024, and 2028 playing a crucial role in shaping this growth trend.
Get A Free Sample Of The Global Fresh Meat Packaging Market ReportGlobal Fresh Meat Packaging Market Segments
The fresh meat packaging market covered in this report is segmented –
1) By Packaging: Modified Atmosphere packaging (MAP), Vacuum Skin Packaging (VSP), Vacuum Thermoformed Packaging (VTP), Multi-layer Shrinkable Packaging, Other Packaging Formats
2) By Meat Type: Beef, Pork, Poultry and Mutton, Seafood, Other Meat types
3) By Material Type: Polyethylene (PE), Polyvinyl Chloride (PVC), Biaxially Oriented Polypropylene (BOPP), Polyamide (PA), Ethylene Vinyl Alcohol (EVOH), Polypropylene (PP), Other Material Types
By Geography:The regions covered in the fresh meat packaging market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
North America was the largest region in the fresh meat packaging market in 2022. The regions covered in the fresh meat packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major Fresh Meat Packaging Industry Players
Sealed Air Corp, Amcor Plc, The Smurfit Kappa Group plc, Berry Global Inc, Sonoco Products Company, Crown Holdings, Cascades Inc., Winpak Ltd, Mondi Plc, Bollore Group, Alhamd Exports, WH Group Limited, Farm Suzanne Pvt Ltd, Mirha Exports Pvt. Ltd, Al Aali Exports Pvt. Ltd, Razee Impex, Oakdale Meat Co, Yunnan Shennong Meat Food Co Ltd, Zoneco Group, Dalian Hanwei Enterprise Group, Charoen Pokphand Group, SP Group, Ajamco Group, Toppan, ArtPlast Polska Sp. z o.o, Siba International, Doyoo Group, LINPAC Packaging SEALPAC UK & Partners, Multivac UK, PACCOR Packaging GmbH, SIG Combibloc Group, CoCopac Limited, Frigorco Pampeano, Solidus Solutions, ULMA Packaging, Supervac Maschinenbau GmbH, Krehalon, BRF S. A, Noelma, Zeus Petruzalek, Coveris Holdings S.A, La Cooperativa Trento Chaqueña, IGC Engineering Ltd, Compañía Avicola, Atlantis-Pak, LAICOM S.R.L, JBS Foods, Schoeller Allibert AB, Valley Meats, Foster Farms, Conagra Brands Inc, Tyson Fresh Meats Inc, Smithfield Foods Inc, Bemis Company Inc, Berry Plastic Group Inc, National Beef Packing Co LLC, Cargill Inc, Diamond Meat Processing LLC, Ponapack, Qatar Meat Production Company LLC, Amber Packaging Industries LLC, Al Bayader International, Egyptian Meat Processing Co, Kenya Meat Processors Ltd, Quality Meat Packers, Nile union meat company, Gilgal Meat Mart Limited, Irvin & Johnson Ltd, Rainbow Farms Pty Ltd, Astral Foods Ltd, Coveris Rigid Turkey Ambalaj A. S
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Fresh Meat Packaging Market Overview
Fresh Meat packaging facilitates the extension of shelf-life. It provides efficient transport and increases the storage of meat products by ensuring the fresh and timely distribution of meat products.
Fresh Meat Packaging Global Market Report 2023 provides data on the global fresh meat packaging market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The fresh meat packaging market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.