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Meat Packaging Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • March 2024
  • Region: Global
  • Lucintel
  • ID: 5984732

Meat Packaging Trends and Forecast

The future of the global meat packaging market looks promising with opportunities in the beef, pork, poultry, and seafood markets. The global meat packaging market is expected to reach an estimated $9.5 billion by 2030 with a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are rising consumption of protein-rich products, increasing emphasis on adopting sustainable packaging solutions, and growing demand for packaged food product.

Meat Packaging by Segment

The study includes a forecast for the global meat packaging by material, product type, meat type, packaging technology, and region.

Meat Packaging Market by Material [Shipment Analysis by Value from 2018 to 2030]:

  • Polyethylene
  • Polypropylene
  • Polyvinyl Chloride
  • Ethylene Vinyl Alcohol
  • Polyamide
  • Others

Meat Packaging Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

  • Fresh Meat
  • Processed Meat
  • Frozen Meat

Meat Packaging Market by Meat Type [Shipment Analysis by Value from 2018 to 2030]:

  • Beef
  • Pork
  • Poultry
  • Seafood
  • Others

Meat Packaging Market by Packaging Technology [Shipment Analysis by Value from 2018 to 2030]:

  • Modified Atmosphere
  • Vacuum Skin
  • Vacuum Thermoformed
  • Others

Meat Packaging Market by Region [Shipment Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Meat Packaging Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies meat packaging companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the meat packaging companies profiled in this report include:
  • Amcor
  • Berry Global
  • Winpak
  • Sealed Air
  • Mondi
  • Amerplast
  • Faerch
  • Bollore
  • Constantia Flexibles
  • Sonoco Products Company

Meat Packaging Market Insights

The report forecasts that polyethylene is expected to witness the highest growth over the forecast period as it provides excellent transparency, gloss, and barrier from moisture.

Within this market, poultry will remain the largest segment due to increasing global consumption of chicken, eggs, and other poultry items.

North America will remain the largest region over the forecast period due to rising consumption of meat products and presence of leading packaging giants in the region.

Features of the Global Meat Packaging Market

- Market Size Estimates: Meat packaging market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Meat packaging market size by various segments, such as by material, product type, meat type, packaging technology, and region in terms of value ($B).
  • Regional Analysis: Meat packaging market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different materials, product types, meat types, packaging technologies, and regions for the meat packaging market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the meat packaging market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the meat packaging market size?
Answer: The global meat packaging market is expected to reach an estimated $9.5 billion by 2030.

Q2. What is the growth forecast for meat packaging market?
Answer: The global meat packaging market is expected to grow with a CAGR of 4.8% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the meat packaging market?
Answer: The major drivers for this market are rising consumption of protein-rich products, increasing emphasis on adopting sustainable packaging solutions and growing demand for packaged food product.

Q4. What are the major segments for meat packaging market?
Answer: The future of the meat packaging market looks promising with opportunities in the beef, pork, poultry, and seafood markets.

Q5. Who are the key meat packaging market companies?
Answer: Some of the key meat packaging companies are as follows:
  • Amcor
  • Berry Global
  • Winpak
  • Sealed Air
  • Mondi
  • Amerplast
  • Faerch
  • Bollore
  • Constantia Flexibles
  • Sonoco Products Company
Q6. Which meat packaging market segment will be the largest in future?
Answer: The report forecasts that polyethylene is expected to witness the highest growth over the forecast period as it provides excellent transparency, gloss, and barrier from moisture.

Q7. In meat packaging market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to rising consumption of meat products and presence of leading packaging giants in the region.

Q.8 Do we receive customization in this report?
Answer: Yes, the publisherl provides 10% customization without any additional cost.

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the meat packaging market by material (polyethylene, polypropylene, polyvinyl chloride, ethylene vinyl alcohol, polyamide, and others), product type (fresh meat, processed meat, and frozen meat), meat type (beef, pork, poultry, seafood, and others), packaging technology (modified atmosphere, vacuum skin, vacuum thermoformed, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Meat Packaging Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Meat Packaging Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Meat Packaging Market by Material
3.3.1: Polyethylene
3.3.2: Polypropylene
3.3.3: Polyvinyl Chloride
3.3.4: Ethylene Vinyl Alcohol
3.3.5: Polyamide
3.3.6: Others
3.4: Global Meat Packaging Market by Product Type
3.4.1: Fresh Meat
3.4.2: Processed Meat
3.4.3: Frozen Meat
3.5: Global Meat Packaging Market by Meat Type
3.5.1: Beef
3.5.2: Pork
3.5.3: Poultry
3.5.4: Seafood
3.5.5: Others
3.6: Global Meat Packaging Market by Packaging Technology
3.6.1: Modified Atmosphere
3.6.2: Vacuum Skin
3.6.3: Vacuum Thermoformed
3.6.4: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Meat Packaging Market by Region
4.2: North American Meat Packaging Market
4.2.1: North American Meat Packaging Market by Material: Polyethylene, Polypropylene, Polyvinyl Chloride, Ethylene Vinyl Alcohol, Polyamide, and Others
4.2.2: North American Meat Packaging Market by Meat Type: Beef, Pork, Poultry, Seafood, and Others
4.3: European Meat Packaging Market
4.3.1: European Meat Packaging Market by Material: Polyethylene, Polypropylene, Polyvinyl Chloride, Ethylene Vinyl Alcohol, Polyamide, and Others
4.3.2: European Meat Packaging Market by Meat Type: Beef, Pork, Poultry, Seafood, and Others
4.4: APAC Meat Packaging Market
4.4.1: APAC Meat Packaging Market by Material: Polyethylene, Polypropylene, Polyvinyl Chloride, Ethylene Vinyl Alcohol, Polyamide, and Others
4.4.2: APAC Meat Packaging Market by Meat Type: Beef, Pork, Poultry, Seafood, and Others
4.5: ROW Meat Packaging Market
4.5.1: ROW Meat Packaging Market by Material: Polyethylene, Polypropylene, Polyvinyl Chloride, Ethylene Vinyl Alcohol, Polyamide, and Others
4.5.2: ROW Meat Packaging Market by Meat Type: Beef, Pork, Poultry, Seafood, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Meat Packaging Market by Material
6.1.2: Growth Opportunities for the Global Meat Packaging Market by Product Type
6.1.3: Growth Opportunities for the Global Meat Packaging Market by Meat Type
6.1.4: Growth Opportunities for the Global Meat Packaging Market by Packaging Technology
6.1.5: Growth Opportunities for the Global Meat Packaging Market by Region
6.2: Emerging Trends in the Global Meat Packaging Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Meat Packaging Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Meat Packaging Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Amcor
7.2: Berry Global
7.3: Winpak
7.4: Sealed Air
7.5: Mondi
7.6: Amerplast
7.7: Faerch
7.8: Bollore
7.9: Constantia Flexibles
7.10: Sonoco Products Company

Companies Mentioned

  • Amcor
  • Berry Global
  • Winpak
  • Sealed Air
  • Mondi
  • Amerplast
  • Faerch
  • Bollore
  • Constantia Flexibles
  • Sonoco Products Company

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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