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Global Meat Packaging Market Analysis & Opportunity Outlook 2021

Published On : 11:45 PM, 25th April, 2018 REP-ID-72 Category: Packaging

Meat Packaging is used to wrap meat items with appropriate protective material.   In order to attract consumers, proper freshness of meat is necessary which is possible when the right packaging method is used. Since, meat is a perishable product so, it requires good packaging method for protecting it from spoilage. Meat packaging also gives information about certain important components of food like calories and others with the help of labeling.

Market Segmentation

By Material

The market of global meat packaging is divided on the basis of material as:

  • Plastics
  • Metal
  • Paper Board
  • Aluminum Wraps
  • Others

By Type

  • Rigid
  • Semi-Rigid
  • Flexible

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • ROW

By Distribution Channel

  • Restaurants
  • Hotels
  • Bakery
  • Confectionary

Drivers and Restraints

Increase in consumption of meat, poultry, and seafood coupled with rising urbanization in most of the countries are expected to be the major growth drivers of global meat packaging industry.

However, certain environmental issue related to non-recyclability of plastic meat packaging is believed to hamper the growth of global meat packaging industry over the forecast period i.e. 2015-2021.

Market Size and Forecast

At Present, North America holds the top rank in global meat packaging industry and all the credit can be attributed to spiked meat consumption in the region in recent years. In 2014, revenues from meat consumption in North America amounted to USD 187 Billion.

The demand for meat packaging, seafood and poultry in the U.S. is further expected to bolster to reach USD 9.5 Billion in 2017.

A significant Y-O-Y growth can be seen in the market as USDA confirms their 2016 increase in total red meat and poultry production compared to 2015’s of 2.98 billion pounds, or 3.1 per cent. Further, according to USDA, 2017’s beef production is projected to move up 3.4 per cent compared to 2016's, broiler to be up 2.6 per cent, pork to increase 2.4 per cent, and turkey to increase by be 2.5 per cent.

After North America, Europe has the second biggest market in the global meat packaging industry. Europe meat consumption doubled from 2000 to 2011 and reached 3.6 Million Tonnes in 2012. Meat consumption in Europe is further expected to grow at a burgeoned pace, escalating the demand of meat packaging in the region.

Key Players

The Global Meat Packaging market has major key players as:

  • Amcor Ltd
  • Crown Holdings
  • Dupont
  • Nuconic Packaging Lic.
  • Tetra Pak International S.A.
  • Silgan Holding,
  • Reynolds Group and
  • Toyo Seikan Group Holdings

Scope and Context

Overview of the Parent Market

Analyst View

Market Size and Growth

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Rest of Latin America)
  • Western and Eastern Europe (Germany, Italy, Spain, France, U.K, Benelux, Hungary, Rest Of Western Europe, Russia Poland, Rest of Eastern Europe)
  • Asia-Pacific (China, India, Singapore, Japan, Australia & New Zealand & Rest of Asia)
  • Rest of World

Segmentation

  • By Systems
  • By Consumables
  • By Applications
  • By Geography

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

 

               Key Answers Captured in Report?

Which geography would have better demand for product/services?
What are the strategies adopted by big players in the regional market?
Which country would see the steep rise in CAGR & year-on-year (Y-O-Y) growth?
What is the current & expected market size in next five years?
What is the market feasibility for long term investment?
What opportunity the country would offer for existing and new players in the market?
What is risk involved for suppliers in the geography?
What factors would drive the demand for the product/service in near future?
What is the impact analysis of various factors in the market growth?
What are the recent trends in the regional market and how successful they are?

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