Wednesday 28 August 2019

Global Fresh Meat Packaging Market Size, Rising demand, Status with key players & Forecast to 2025

The global fresh meat packaging market size is anticipated to reach USD 2.5 billion by 2025, according to a new report by Radiant Insights, Inc. It is expected to expand at a CAGR of 2.7% during the forecast period. Rising demand for fresh seafood and meat products such as pork and beef coupled with awareness regarding the safety and nutritional value of these products is projected to drive the growth.

Poultry/mutton packaging occupied the maximum market share in 2018. High availability of chicken and mutton products in retail shops has contributed to the growth of this segment. However, beef packaging is expected to witness the fastest CAGR from 2019 to 2025. Beef is one of the excellent sources of protein, which is anticipated to contribute to the rising demand for fresh meat packaging from this segment.

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Fresh Meat Packaging Market

Packaging materials made from polythene occupied the largest market share in 2018. This segment is anticipated to witness the fastest CAGR over the forecast period owing to elasticity and lower production cost of the material. Product innovation using packaging materials like polypropylene is anticipated to propel growth of the fresh meat packaging market during the forecast period.
The Modified Atmosphere Packaging (MAP) was the most prominent technology used for packaging fresh meat in 2018. This chemical-free packaging technology significantly increases the shelf-life of meat, which is expected to drive the growth of the segment during the forecast period.
North America occupied the largest market share in 2018 owing to increased consumption of beef in U.S. According to the National Center for Biotechnology Information (NCBI), the consumption of meat in U.S. is three times more than that of the other countries. This is expected propel the demand for fresh meat packaging. Asia Pacific, on the other hand, is anticipated to witness significant growth, with China being the largest contributor. However, China witnessed a decline in growth for pork meat due to the issues with safety standards, over the past years.

Further key findings from the report suggest:
• In terms of revenue, modified atmosphere packaging segment is anticipated to ascend at the fastest CAGR of over 3% over the forecast period
• PE material led the global market for fresh meat packaging with an overall revenue share of over 48.7% in 2018
• Vacuum skin packaging technology segment was valued at USD 718.1 million in 2018
• North America led the global fresh meat packaging market in 2018 with a revenue share of 36.7%
• The market is highly competitive in nature with the presence of leading players including Amcor Ltd., Winpak Ltd., Sealed Air Corp., Crown Holdings, Reynolds Group, Coveris Holdings S.A., and Sealpac International BV
• Manufacturers focus on innovation, product launches, and capacity expansion To cater to the rising demand

Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/fresh-meat-packaging-market

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR's Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights

Chapter 3. Fresh Meat Packaging Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Sales/Retail Channel Analysis
3.3.2. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Business Environment Analysis
3.5.1. Industry Analysis - Porter's
3.5.1.1. Supplier Power
3.5.1.2. Buyer Power
3.5.1.3. Substitution Threat
3.5.1.4. Threat from New Entrant
3.5.1.5. Competitive Rivalry
3.6. Roadmap of Fresh Meat Packaging Market
3.7. Market Entry Strategies

Chapter 4. Consumer Behavior Analysis
4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Product Adoption
4.4. Observations & Recommendations

Chapter 5. Fresh Meat Packaging Market: By Meat Type Estimates & Trend Analysis
5.1. Meat Type Movement Analysis & Market Share, 2018 & 2025
5.2. Beef
5.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
5.3. Poultry/Mutton
5.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
5.4. Pork
5.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
5.5. Seafood
5.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)

Chapter 6. Fresh Meat Packaging Market: By Material Estimates & Trend Analysis
6.1. Material Movement Analysis & Market Share, 2018 & 2025
6.2. PE
6.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
6.3. BOPP
6.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
6.4. EVOP
6.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
6.5. Others
6.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)

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About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assists and facilitate organizations and individuals procure market research reports, helping them in the decisions making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.


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