The global Processed Meat Packaging Market witnessed significant growth in 2020 and is expected to maintain a steady revenue CAGR during the forecast period. The growing consumption of various packaged food and beverage products is driving the market, particularly ready-to-eat food products, which have become increasingly popular due to the fast-paced lifestyle and growing population of salaried workers.
Processed meat packaging refers to the process of putting processed or preserved animal products into containment, such as flexible boxes, which traditionally are made of aluminum foil, polyethylene terephthalate (PET), polymer film-coated material, among other materials, but have evolved over time to bags/sacks made of various thermoplastic films.
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Factors driving the growth of the global process meat packaging market include an increased demand for flavored meat products and a preference for organic processed meat products among consumers. The industry is facing significant constraints due to the negative impact of red and processed meats on human health and increasing consumer gravitation toward plant-based meat products.
Opportunities for players operating in the global process meat packaging market include aligning with trends in minimally processed foods, clean label techniques to enhance product transparency, and the consumer preference for deli or restaurant-prepared meat entrée over pre-packaged processed equivalents.
Major companies profiled in the report include:
Bemis Company Inc., Winpak Ltd., Sealed Air Corp., Berry Plastic Group Inc., Coveris Holdings S.A., Amcor Limited, XtraPlast, Silgan Holdings Inc., DuPont, Crown Holdings, Pactiv, and Optimum Plastics.
Market Segmentation:
- Product type is divided into Modified Atmosphere Packaging (MAP), Vacuum Skin Packaging (VSP), Vacuum Thermoformed Packaging (VTP), and others.
- Application is segmented into Beef, Pork, Poultry, Seafood, and Others.
- Region-wise, the market is segmented into North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Spain, Benelux, Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific), Latin America (Brazil, Rest of Latin America), and Middle East Africa (Saudi Arabia, UAE, South Africa, Rest of Middle East Africa).
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