Meat Poultry And Seafood Packaging Market Analysis

The global meat, poultry and seafood packaging market can be segmented on the basis of product type, raw material type, technology type and application type. On the basis of product type, the global meat, poultry and seafood packaging market can be segmented into rigid packaging and flexible packaging, wherein, flexible packaging is expected to grow faster than rigid packaging solution due to easy handling and carrying solution along with less required material for manufacture. Rigid packaging is further segmented into corrugated box, trays, folding carton, cans, container, sleeve & others, and flexible packaging is further segmented into plastic films, bags, pouches and others, wherein, trays is expected to grow exponentially in the global meat, poultry and seafood packaging market over the forecast period, as microwaveable tray are heat resistant and can be used safely in microwave ovens, provide maximum convenience for consumer who are able to re-heat the product in its packaging. On the basis of raw material type, the global meat, poultry and seafood packaging market can be segmented into plastic, paper and metal. On the basis of technology type, the global meat, poultry and seafood packaging market can be segmented into modified atmosphere packaging, case ready packaging, vacuum packaging, active & intelligent packaging and retort packaging, wherein, modified atmosphere packaging is expected to account for significant market value and volume share, as the air is removed from the packaging chamber and replaced with a different mixture of gases specifically formulated to preserve the food from inside. On the basis of application type, the global meat, poultry and seafood packaging can be segmented into fresh & frozen, processed and ready to eat food, wherein, ready to eat food is expected to grow significantly during the forecast period to increasing usage of convenient products.

Meat, Poultry and Seafood Packaging Market - Market Dynamics:

One of the significant factors contributing towards the growth of global meat, poultry and seafood packaging market is the government initiative to increase healthy eating results in rising healthy eating trends which have risen the demand for meat, fish and seafood production. Adding to this, the growing demand for small size and single portion item is expected to drive the growth of the global meat, poultry and seafood packaging market. Moreover the ever growing retail sector coupled with rising disposable income among individual is considered as another factor towards the growth of the global meat, poultry and seafood packaging market. In addition to this, manufacturer and retailers had witness a shift towards case ready packaging as it reduces the cost of labor and increase protection due to the usage of high barrier films which is expected to drive the growth of the global meat, poultry and seafood packaging market. Furthermore, the growing population and rising GDP along with improved living standard and growing demand for ready to eat meals in emerging economies is expected to drive the growth of the global meat, poultry and seafood packaging. The advantageous feature of providing longer shelf life of the product and user friendly solution in terms of storage and reseal ability is expected to fuel the demand for the global meat, poultry, and seafood packaging market. However, the consumer and the manufacturer of growing economies are still inclined towards fresh food product, is expected to hinder the growth of the global meat, poultry and seafood packaging.

Meat, Poultry and Seafood Packaging Market - Regional Outlook:

Geographically, the meat, poultry and seafood packaging can be segmented into North America, Latin America, Europe, Asia Pacific (APAC) and Middle East & Africa (MEA). The growth of the global meat, poultry and seafood packaging is expected to witness a growing CAGR over the forecast period of 2016-2024. North America is expected to witness a fast paced growth of meat, poultry and seafood packaging as North Americans are inclined towards convenience products. Moreover, the emerging economies such as China and India is expected to heavily contribute to the growth of the global meat, poultry and seafood packaging market due to rising disposable income and eating healthy trend. Therefore, the Asia-Pacific region is expected to gain higher market value share in the global meat, poultry and seafood packaging.

Meat, Poultry and Seafood Packaging Market - Major Players:

Some of the major players identified in the global meat, poultry and seafood packaging are Bemis Company Inc., AEP Industries Inc., DuPont (EI) de Nemours, Smurfit Kappa Group, Visy Industries Holdings Pty Ltd, Tri-Mach Group Inc., Printpack, Inc., Orora Packaging Australia Pty Ltd, ABBE CORRUGATED PTY. LTD and Cambridge Packing Company.

This research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically-supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, product type, material type, and end-use. 

The report is a compilation of first-hand information, qualitative, and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. 

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Future Market Insights.