Fresh meat packaging segment to see significant growth for the next 3 years
The fresh meat packaging market is to witness steady growth for the next three years, according to a recent market analysis from Market Growth Analysis. Although fresh meat has a shorter shelf life, new technologies design to preserve its freshness, color and hygiene will support the growth in this market segment.
The most important purpose of meat packaging is to resist chemical and physical changes, to present the item to the customer in an attractive way as well as protection against microbes. Research analysts forecast the global fresh meat packaging market to grow at a CAGR of 3.19% during the period 2018-2022.
Reduction in transportation expenditure increased shelf life, improved inventory, minimization of weight loss owing to palatability and evaporation owing to controlled aging are few of the important advantages of efficient fresh meat packaging. Increasing environmental issues related to the injurious effects of packaging wastes and raising awareness related to global warming are propelling the demand and requirement for the development and innovation of recyclable and biodegradable packaging material, for instance, the bio-based polymers which include polyhydroxyalkanoates (PHA). The important aspects fuelling the development of the global fresh meat packaging market comprises growing demand and popularity for meat products such as beef, pork, seafood, and poultry. Urbanization, growing awareness about the benefits of meat packaging, and growing demand for convenience products are several aspects responsible for the growth and expansion of the global fresh meat packaging market.
Technologies such as Modified Atmosphere, Vacuum Skin and Vacuum Thermoformed are expected to dominate the market in the next few years. The regions that will see a steady growth until 2022 are North America, Latin America, Western Europe and Eastern Europe, followed by Asia- Pacific (excluding Japan). Beef, pork and poultry will be the animal proteins that will benefit most from the development of the market.
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