According to a recent report by Future Market Insights (FMI), the global meat packaging market is expected to reach 3.5 million tonnes by 2021, growing 1.6 times during the forecast period. Increasing consumption of fresh and processed meat products and developing materials and designs will support long-term growth.
The transparency of the package is very important in terms of product quality. The requirement for transparent and authentic packaging is growing massively, especially in the food and beverage industry.
See-through packaging is achieved using film for superior gloss and excellent transparency. This further lowers the cost of printing and labeling compared to opaque alternatives. Consequently, the application of these packaging solutions is expected to expand meat packaging sales in the near future.
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Various advances in technology and powerful automated production lines have opened up possibilities for the meat packaging business. A recent advance in the industry is high pressure processing (HPP), which does not require heat during packaging of meat products .
It is a post-processing method using pasteurization. In this procedure, the packaged meat product is placed under an enormous level of isostatic pressure. Adopted high pressure processing technology to extend the shelf life of products. This innovative packaging system enables meat producers to help differentiate their products from competing products.
Key highlights of the Meat Packaging Market study:
- Polyethylene (PE) plastics are attracting attention due to their excellent barrier properties. The segment is expected to expand to 1.7 times its present value, increasing the opportunity to approximately $2.5 billion.
- Reformed atmosphere packaging technologies will account for more than 40% of the market share by the end of 2031. Demand for the technology will increase due to its aesthetic appeal and improved shelf life.
- China will account for 42.3% of the East Asian market in 2021, driven by its vast non-vegetarian consumer base.
- Germany and Italy show high growth potential, accounting for over 15% and 13% respectively of the European market, driven by increased export activity.
- The US will account for more than 84% of the North American market due to its large consumer base and the presence of a mature meat processing industry.
Learn more about the Meat Packaging market using figures and data tables along with Table of Contents . Please contact Analyst@ . https://www.futuremarketinsights.com/ask-question/rep-gb-710
Impact of COVID-19 on Meat Packaging Market
Meat packaging is attracting attention due to benefits such as extended shelf life and cost effectiveness. COVID-19 has disrupted several end-use industries as the meat packaging market took a hit in 2019.
The pandemic has also disrupted supply chains and global sales. Most raw materials are procured through imports. Raw material supplies are sent to meat packaging producers and then to merchants in multiple countries for worldwide business and shipping.
However, widespread restrictions caused by the pandemic across manufacturing plants have slowed the meat packaging market in production and adoption.
The food and beverage industry will record impressive growth in the post-pandemic era, which will drive demand for meat packaging in the near future. Frequent investment in R&D is expected to increase sales through 2020.
Meat packaging market landscape
The global meat packaging market is highly segmented in nature. A larger share of the market share is held by domestic and local market participants. Leaders in this field are focusing on expanding their production capacity while investing in technological improvements.
Key players operating in the global meat packaging market are Amcor Plc , Berry Global Inc., Winpak Ltd., Sealed Air Corp., Mondi Group, Amerplast Ltd., Faerch Plast A/S, Bollore Group, Constantia Flexibles Group GmbH . There is. , Sonoco Products Company, Thantawan Industry Plc and Cascades Inc.
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Meat Packaging Market Report
Future Market Insights provides an unbiased analysis of the global Meat Packaging market by analyzing historical demand from 2016-2020 and forecast statistics from 2021-2031 in a new report. This study presents the growth prospects of the meat packaging market by product type ( fresh meat , processed meat, frozen meat), meat type (beef, pork, poultry, seafood, etc), and material (polyethylene, polypropylene , polyvinyl) . Chloride, ethylene vinyl alcohol, other [polyvinylidene chloride, etc.]) and packaging technology (atmospheric reforming, vacuum skin, vacuum thermoforming, other [active packaging, etc.]) are used to produce it across 7 regions.