Fresh Meat Packaging Market: Vacuum Skin Packaging Format to Witness Significant Adoption over the Forecast Period; North America Industry Analysis and Opportunity Assessment 2016 - 2026

  • No. of Pages: 161
  • Published: 2016-05-17
  • Report Code: REP-NA-1517

An Incisive, In-depth Analysis on the North America Fresh Meat Packaging Films Market

This study offers a comprehensive, 360 degree analysis on the North America Fresh Meat Packaging Films market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global North America Fresh Meat Packaging Films market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

Introduction

To provide in-depth insights, a detailed consumer preference analysis was carried out at each level of the value chain, which includes film convertors, packaging equipment manufacturers, meat producers/co-packers and retailers. Some of the key highlights from the analysis include, preferred packaging technologies for different types of meat products, factors impacting purchasing decision of packaging materials and most commonly used layer types.

Market Value and Forecast

The North America fresh meat packaging market has been estimated to be valued at US$ 1,443.1 Mn in 2015 and is expected to expand at a 2.2% CAGR over the forecast period (2016–2026).

Market Dynamics

Growth of the North America fresh meat packaging market is specifically driven by increasing shelf life of meat products, along with the customised films demand from meat producers. Besides, sustainable benefits of flexible films over rigid packaging formats  is further fuelling the market demand for meat packaging market. A key trend defining the market is that of major players focusing towards enhancing their product portfolio and expanding their customer base by entering into strategic mergers and acquisitions. Furthermore, film convertors are also increasingly focused on downgauging and optimisation of packages size to offer eco-friendly and cost-effective solutions to meat producers, co-packers and retailers.

Market Segmentation

Two individual markets, namely North America film and North America fresh meat packaging were collectively considered to arrive at data regarding the North America fresh meat packaging market. North America fresh meat packaging film market is segmented on the basis of packaging format, meat type, packaging material, layer type and country.

Market Segmentation, by Material Type

On the basis of packaging material, the market is segmented into PE, PVC, BOPP, PA, EVOH, PP and others. In terms of value, EVOH segment is anticipated to expand at the highest CAGR during the forecast period.

Market Segmentation by Layer Type

On the basis of layer type, the market is segmented into monolayer, 3-layer, 5-layer, 7-layer and 9-layer.  Among all layer type segments, 7-layer segment is anticipated to exhibit the highest revenue growth, followed by 5-layer segment over the forecast period.

Market Segmentation by Packaging Format

On the basis of packaging format, the market is segmented into MAP, VTP, VSP and others. In terms of value, MAP segment is expected to register a CAGR of 2.6% during the forecast period.

Market Segmentation by Meat Type

On the basis of meat type, the market is segmented into beef, pork, poultry and others. Among all meat types, beef segment is anticipated to remain dominant during the forecast period.

north-america-fresh-meat-packaging-films-market

Key Players

Key players in the North America fresh meat packaging market were identified at each level of the value chain.  At film convertor level, some of the key players are Bemis Company, Inc., Winpak Ltd., Sealed Air Corp. ,Berry Plastic Group, Inc., and Coveris Holdings S.A. At packaging equipment manufacturers level, some of the key players are Multivac Sepp Haggenmüller GmbH & Co.KG, Robert Reiser & Co, Harpak-ULMA Packaging, LLC, ALKAR-RapidPak, Inc., and Sealpac International BV.  At meat producer level major player covered in the report include Tyson Foods, Inc., JBS SA ADR, Cargill Meat Solutions Corporation, National Beef Packing Company, LLC., and Hormel Foods Corporation. At the retailer level, some of the key players identified were Wal-Mart Stores, Inc., The Kroger Co., Costco Wholesale Corporation, Whole Foods Market IP. L.P., and Wegmans Food Markets Inc. At the retailer level, some players are focusing on private label products and regional expansion through setting up new stores. The ‘Competitive Landscape’ is included to provide report audiences with a dashboard view and company share.

In this report, Future Market Insights (FMI) offers a 10-year forecast of the North America fresh meat packaging market between 2016 and 2026. In terms of value, the market is expected to expand at a CAGR of 2.2% over the forecast period. The current study reveals the market trends and market dynamics in North America  that are expected to positively affect the current market environment and future scenario of the North America fresh meat packaging market over the forecast period.

Report Description

This Future Market Insights report inspects the North America fresh meat packaging market for the period 2016–2026. The prime objective of this report is to offer insights into developments in the North America fresh meat packaging market that are gradually helping transform global businesses associated with the same. 

The North America fresh meat packaging market report begins by defining various categories and their usage in fresh meat packaging. It is followed by market dynamics overview of the North America fresh meat packaging market, which includes FMI analysis of market trends, drivers, restraints and opportunities, regulations, service demand analysis and government initiatives that are affecting growth of the North America fresh meat packaging market. Impact analysis of the key growth drivers and restraints based on the weighted average model has also been included in this report on the fresh meat packaging market in North America, to better equip readers with qualitative and quantitative insights on the ongoing progress of the market and the corresponding latest trends in the market.

The prime factors powering demand for fresh meat packaging in North America are increasing shelf life of meat products, along with increasing demand for customised films from meat producers. Besides, sustainable benefits of flexible films over rigid packaging formats  is further fuelling the market demand for meat packaging market. Apart from the above factors, demographic shifts and increase in global population are among the major factors that could lead to rise in demand for fresh meat packaging in North America in the near future.  

Two individual markets, namely North America fresh meat packaging film and North America fresh meat packaging equipment were collectively considered to arrive at data regarding the North America fresh meat packaging market. North America fresh meat packaging film market is segmented on the basis of packaging format, meat type, packaging material, layer type and country. On the basis of packaging material, the market is segmented into PE, PVC, BOPP, PA, EVOH, PP and others. In terms of value, EVOH segment is anticipated to expand at the highest CAGR during the forecast period. On the basis of layer type, the market is segmented into monolayer, 3-layer, 5-layer, 7-layer and 9-layer.  Among all layer type segments, 7-layer segment is anticipated to exhibit the highest revenue growth, followed by 5-layer segment over the forecast period. On the basis of packaging format, the market is segmented into MAP, VTP, VSP and others. In terms of value, MAP segment is expected to register a CAGR of 2.6% during the forecast period. On the basis of meat type the market is segmented into beef, pork, poultry and others. Among all meat types, beef segment is anticipated to remain dominant during the forecast period.

Further, on the basis of end user segment, the commercial segment dominated the North America fresh meat packaging market in terms of value in 2014, and is expected to remain the most attractive segment, among the rest. The agriculture segment is expected to expand at the highest CAGR over the forecast period.  

The next section of the report highlights the North America fresh meat packaging adoption, by region, and provides the market outlook for 2016–2026. The study investigates the regional trends contributing to growth of the North America fresh meat packaging market globally, as well as analyses the limit to which the drivers are influencing the North America fresh meat packaging market in each region. Main regions assessed in this report include North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East & Africa (MEA).

The above sections, by application type, service, end-user and region, evaluate the present scenario and growth prospects of the North America fresh meat packaging market for 2016–2026. We have considered 2015 as the base year and provided data for the forecast period, i.e., 2016–2016.

The forecast presented here assesses the total revenue by value across the North America fresh meat packaging market. In order to provide an exact forecast, we initiated by sizing up the current market, which forms the basis on how the North America fresh meat packaging market is expected to grow in the future. Given the characteristics of the market, we triangulated the outcome on the basis of three different types of analysis, based on supply side, downstream industry demand and the economic envelope.

In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse the market based on key parameters, such as year-on-year (Y-o-Y) growth rates, to understand the predictability of the North America fresh meat packaging market and to identify the right opportunities across the market.

The North America fresh meat packaging film segments, by packaging format, meat type, packaging material, layer type and country, are analysed in terms of Basis Point Share (BPS) to understand the individual segment’s relative contributions to market growth. This detailed level of information is important for identifying various key trends in the North America fresh meat packaging market.

Another key feature of this report is the analysis of key segments in terms of absolute dollar opportunity. This has been overlooked while forecasting the market. However, absolute dollar opportunity is critical for evaluating the scope of opportunity that a provider can look to achieve, as well as to identify potential resources from a delivery perspective of the North America fresh meat packaging market.

To understand key growth segments in terms of growth and adoption for North America fresh meat packaging globally, Future Market Insights developed the North America fresh meat packaging market ‘Attractiveness Index.’ The resulting index should help providers identify real market opportunities.

In the final section of the report on North America fresh meat packaging, the ‘Competitive Landscape’ is included to provide report audiences with a dashboard view of the companies and their market share, based on categories of providers in the North America fresh meat packaging portfolio and key differentiators. This section is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to a market segment. Report audiences can gain segment-specific service provider insights to identify and evaluate key competitors based on the in-depth assessment of their capabilities and success in the North America fresh meat packaging marketplace.

Detailed profiles of service providers are also included in the report to evaluate their long-term and short-term strategies, key offerings and recent developments in the North America fresh meat packaging market. Key players in the North America fresh meat packaging market were identified at each level of the value chain.  At film convertor level, some of the key players are Bemis Company, Inc., Winpak Ltd., Sealed Air Corp. ,Berry Plastic Group, Inc., and Coveris Holdings S.A. At packaging equipment manufacturers level, some of the key players are Multivac Sepp Haggenmüller GmbH & Co.KG, Robert Reiser & Co, Harpak-ULMA Packaging, LLC, ALKAR-RapidPak, Inc., and Sealpac International BV.  At meat producer level major player covered in the report include Tyson Foods, Inc., JBS SA ADR, Cargill Meat Solutions Corporation, National Beef Packing Company, LLC., and Hormel Foods Corporation. At the retailer level, some of the key players identified were Wal-Mart Stores, Inc., The Kroger Co., Costco Wholesale Corporation, Whole Foods Market IP. L.P., and Wegmans Food Markets Inc. At the retailer level, some players are focusing on private label products and regional expansion through setting up new stores. The ‘Competitive Landscape’ is included to provide report audiences with a dashboard view and company share.

Key Segments Covered

  • North America Fresh Meat Packaging Equipment Market
  • North America Fresh Meat Packaging Film Market<
    • By Packaging Format
      • MAP
      • VSP
      • VTP
      • Others
    • By Material Type
      • PE
      • PVC
      • BOPP
      • PA
      • EVOH
      • PP
      • Others
    • By Layer Type
      • Monolayer
      • 3-layer
      • 5-layer
      • 7-layer
      • 9-layer
    • By Meat Type
      • Beef
      • Pork
      • Poultry
      • Others

Key Regions/Countries Covered

  • North America
    • U.S.
    • Canada

Key Companies

  • Film Convertors
    • Bemis Company, Inc.
    • Winpak Ltd.
    • Sealed Air Corp.
    • Berry Plastic Group, Inc.
    • Coveris Holdings S.A
  • Packaging Equipment Manufacturer
    • Multivac Sepp Haggenmüller GmbH & Co.KG
    • Robert Reiser & Co
    • Harpak-ULMA Packaging, LLC
    • ALKAR-RapidPak, Inc.
    • Sealpac International BV
  • Meat Producer
    • Tyson Foods, Inc.
    • JBS SA ADR
    • Cargill Meat Solutions Corporation
    • National Beef Packing Company, LLC.
    • Hormel Foods Corporation
  • Retailer
    • Wal-Mart Stores, Inc.
    • The Kroger Co.
    • Costco Wholesale Corporation
    • Whole Foods Market IP. L.P.
    • Wegmans Food Markets Inc

North America Fresh Meat Packaging Films Market Reports - Table of Contents

North America Fresh Meat Packaging Films Market Reports - List of Tables

Table 1: North America Institutional Meat Packaging Films Market Value (US$ Mn) Forecast, By Packaging Format, 2014–2026

Table 2: North America Institutional Meat Packaging Films Market Volume (tons) Forecast, By Packaging Format, 2014–2026

Table 3: North America Meat Packaging Films Market Value (US$ Mn) Forecast, By Country, 2014–2026

Table 4: North America Meat Packaging Films Market Volume (tonnes) Forecast, By Country, 2014–2026

Table 5: North America Meat Packaging Films Market Value (US$ Mn) Forecast, By Meat Type, 2014–2026

Table 6: North America Meat Packaging Films Market Volume (tonnes) Forecast, By Meat Type, 2014–2026

Table 7: North America Meat Packaging Films Market Value (US$ Mn) Forecast, By Packaging Material, 2014–2026

Table 8: North America Meat Packaging Films Market Volume (tonnes) Forecast, By Packaging Material, 2014–2026

Table 9: North America Meat Packaging Films Market Value (US$ Mn) Forecast, By Layer Type, 2014–2026

Table 10: North America Meat Packaging Films Market Volume (tonnes) Forecast, By Layer Type, 2014–2026

Table 11: North America Meat Packaging Equipment Market Value (US$ Mn) Forecast, 2014–2026

Table 12: North America Meat Packaging Equipment Market Volume (units) Forecast, 2014–2026

North America Fresh Meat Packaging Films Market Reports - List of Figures

Figure 1: North America Meat Packaging Market Value (US$ Mn) Forecast, 2015–2026

Figure 2: North America Meat Packaging Films & Equipment Market Share Split by Packaging Format, 2015

Figure 3: North America Meat Packaging Market Value (US$ Mn), & Y-o-Y Growth (%) Forecast, 2014–2026

Figure 6: North America MAP Packages Sales (units) By Meat Type, 2014

Figure 4: North America Fresh Meat Packages Market Overview, 2014

Figure 5: Tracking Number of Packages in North America, 2014

Figure 6: North America MAP Packages Sales (units) By Meat Type, 2014

Figure 7: North America VSP Packages Sales (units) By Meat Type, 2014

Figure 8: North America VTP Packages Sales (units) By Meat Type, 2014

Figure 9: North America others Packages Sales (units) By Meat Type, 2014

Figure 10: North America GDP vs. North America Meat Packaging Films, Value Y-o-Y Growth Outlook, and 2014–2026

Figure 11: North America Food Service Restaurant vs. North America Meat Films Packaging, Value Y-o-Y Growth Outlook, 2014–2026

Figure 12: North America Population Growth Rate vs. North America Meat Packaging Films Value Y-o-Y Growth Outlook, 2014–2026

Figure 13: North America Convenience Stores Growth Rate vs. North America Meat Packaging Films Value Y-o-Y Growth Outlook, 2014–2026

Figure 14: North America Per Capita Growth Rate vs. North America Meat Packaging Films Value Y-o-Y Growth Outlook, 2014–2026

Figure 15: North America Flexible Packaging Growth Rate vs. North America Meat Packaging Films Value Y-o-Y Growth Outlook, 2014–2026

Figure 16: North America Meat Packaging Films Market Value (US$ Mn) & Volume (‘000 Tonnes) Forecast, 2014–2026

Figure 17: North America Meat Packaging Film Market Absolute $ Opportunity (US$ Mn), 2015–2026

Figure 18: North America Meat Packaging Film Market Revenue Y-o-Y Growth, 2015–2026

Figure 19: North America Meat Packaging Pricing Analysis by Material & Layer Structure, 2014

Figure 20: North America Meat Packaging Films Market BPS Analysis by Packaging Format, 2016 & 2026

Figure 21: North America Meat Packaging Market Revenue Y-o-Y Growth by Packaging Format, 2015–2026

Figure 22: North America Meat Packaging Market Attractiveness, By Packaging Format, 2015–2026

Figure 23: North America Meat Packaging Films Market BPS Analysis by Country, 2016 & 2026

Figure 24: North America Meat Packaging Market Revenue Y-o-Y Growth by Country, 2015–2026

Figure 25: North America Meat Packaging Market Attractiveness, By Country, 2015–2026

Figure 26: North America Meat Packaging Films Market BPS Analysis by Meat Type, 2016 & 2026

Figure 27: North America Meat Packaging Market Revenue Y-o-Y Growth by Meat Type, 2015–2026

Figure 28: North America Meat Packaging Market Attractiveness, By Meat Type, 2015–2026

Figure 29: North America Meat Packaging Films Market BPS Analysis by Packaging Material, 2016 & 2026

Figure 30: North America Meat Packaging Market Revenue Y-o-Y Growth by Packaging Material, 2015–2026

Figure 31: North America Meat Packaging Market Attractiveness, By Packaging Material, 2015–2026

Figure 32: North America Meat Packaging Films Market BPS Analysis by Layer Type, 2016 & 2026

Figure 33: North America Meat Packaging Market Revenue Y-o-Y Growth by Layer Type, 2015–2026

Figure 34: North America Meat Packaging Market Attractiveness, By Layer Type, 2015–2026

Figure 35: North America Meat Packaging Capacity Analysis (Packages/Min) By Equipment, 2014

Figure 36: U.S. Meat Packaging Equipment Install Base by Packaging Format, 2014

Figure 37: Canada Meat Packaging Equipment Install Base by Packaging Format, 2014

Figure 38: U.S. Meat Packaging Equipment Install Base by Source Channel, 2014

Figure 39: Canada Meat Packaging Equipment Install Base by Source Channel, 2014

Figure 40: North America Meat Packaging Equipment Market Volume (Units) Forecast, 2014–2026

Figure 41: North America Meat Packaging Equipment Market Absolute $ Opportunity (US$ ‘000), 2015–2026

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