Cibi e Bevande
Meat Packaging Market Demand Outlook Offers Compelling Insights into Key Factors Driving Sales, Future Market Insights Study
According to the Organization for Economic Co-operation and Development (OECD) and the Food and Agriculture Organization (FAO), the per capita consumption of meat recorded in 2018 was around 34.7 kilograms, and it is estimated to reach 35.1 kilograms retail weight equivalent (r.w.e) by the year 2028. As the consumption of meat is increasing year on year, the market for meat packaging is expected to soar during the assessment period.
North America is dominating the global meat packaging market. Owing to the high consumption of pork, beef, and poultry meat in the region, the sale of meat is expected to surpass a valuation of US$ 1.3 billion by the end of 2021, making the region a center point for the expansion of the market.
The polyethylene segment accounts for the leading meat packaging market share, accounting for over 55% through 2031. Owing to its glossy texture and high durability characteristics, it is a more preferred choice for transparent packaging.
says the FMI analyst.
Key players operating in the meat packaging market are focusing on establishing strategic partnerships and collaborations with other market players to expand to expand their revenue share and global reach. For instance,
Some of the leading companies operating in the meat packaging market profiled by FMI are:
The latest market study on global meat packaging market by Future Market Insights gives a detailed segmentation for the forecast period of 2021-2031. In order to gain a better perspective of the global market potential, its growth, trends, and opportunities, the market is segmented on the basis of:
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