How has COVID19 Impacted Fresh Meat Packaging Market? Shubham Jamdade
• July 13, 2021
Fresh Meat Packaging Market: Introduction
Transparency Market Research delivers key insights for the fresh meat packaging
market in its published report, which includes global industry analysis, size, share,
growth, trends, and forecast for 2020–2028. In terms of revenue, the global fresh meat
packaging market is projected to expand about 1.4x its current market value by the
end of 2028, owing to the fueled demand for flexible and transparent packaging, which ultimately facilitates the fresh meat packaging market growth. The vacuum skin packaging stand up pouches segment is likely to create an incremental
opportunity of more than US$ 257 Mn between 2020 and 2028.
Fresh meat packaging is gaining significant traction nowadays due to the characteristics such as longer shelf life, cost-effectiveness, and more efficient packaging offering. Many of the retailers and butchers are shifting to use effective barrier or shrink films as a packaging solution, as the films have high tear resistance and high yield. Moreover, moisture-free packaging is the major concern among many end users for ensuring their product safety and shelf life. Machine automation is the new future, which allows vacuum enabled packaging of meat products. This increases speed of packaging and speed ups production activities ensuring maximum productivity of the organization. Therefore, lucrative sales opportunities are expected for fresh meat packaging in near future.
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For better market understanding, research team has considered consumption and sale of fresh meat packaging as per various materials used for manufacturing of fresh meat packaging formats across five regions. End users are more inclined toward ecofriendly materials; therefore, the consumption of non-biodegradable material-based fresh meat packaging is rapidly increasing. As per the TMR analysis, North America
region is anticipated to hold a market share of more than 30% in the global fresh meat
packaging market by 2028. Europe and Asia Pacific are expected to collectively