Overview:
With growing economy, usage of packaging is increasing broadly across different sectors of consumer sectors such as cosmetics, healthcare, and consumer goods. However, packaging industry is directly dependent on raw material providers in order to maintain effective supply and demand. Rising meat consumption is fuelling the demand for meat packaging techniques among the food product manufacturers. Thus, serving the purpose of packaging that includes no spoilage of food, perfect final product condition and availability of information related to nutritional aspects related to any product. Moreover, packaging is an important aspect of food and beverage industry coupled with food safety as a key concern among food and beverage product manufacturers.
Increasing trend towards flourishing small households, growing health awareness among consumers, surge in brand differentiation, new product development and increasing awareness related to environmental concerns are few factors driving the demand for new and advanced packaging material for food products among the food product manufacturers. In addition, meat packaging is witnessing technological advancements, which is further bolstering the meat packaging market growth across the globe. In addition, easy availability of raw materials primarily in Asia Pacific acts as a growth driver for meat packaging market. This is attributed to increased meat consumption in Asia Pacific. Overall packaging industry is fragmented, however large packaging manufacturers account for around 70 percent of the total market share. Also, food manufacturers are focused on developing innovative packaging designs, strengthening their product offerings and expanding their presence in order to capitalize rising consumption of meat products among the consumers.
The global meat packaging market is segmented on the following bases:
Key Players Identified for Meat Packaging Market Include but are Not Limited to:
Amcor Ltd., Tetra Pak International S.A., Crown Holdings, Silgan Holdings, Inc., DuPont, Nuconic Packaging LLC, Toyo Seikan Group Holdings, Ltd. and Reynolds Group.
This report offers: