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Rise in Demand for Foodstuff Rich in Proteins to Push North America Fresh Meat Packaging Market Attain Healthy Revenue Levels at a CAGR of 3.3% During Forecast Period of 2022-32 – Future Market Insights, Inc.

Thursday, 10 November 2022 08:30 AM

Future Market Insights, Inc.

NEWARK, DE / ACCESSWIRE / November 10, 2022 / North America Fresh Meat Packaging Market stood at US$ 788 Mn in the year 2021 and is expected to witness a CAGR of 3.3% between 2022 and 2032.

Flexible multi-layer packaging are turning out to be popular as they render efficiency in protection of meat from the environmental hazards such as moisture and dust, thereby maintaining the freshness all through. Growing usage of transparent packaging coupled with vacuum equipped technology and modified atmosphere pressure being integrated for increasing meat products' shelf life is expected to bolster the fresh meat packaging products in the forecast period.

Additionally, there is an increasing demand for poultry and beef, which is compelling the players to increase the manufacturing capacity by expansion of operations. Along these lines, Tyson Foods, on April 22, 2021, announced expansion of the poultry plant in ‘Pine Bluff (Arkansas)' with the objective of accelerating the business' long-term growth. The investment was close to US$ 48 Mn.

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Also, introducing recyclable and biodegradable bio-plastics in the form of fresh meat packaging films is bound to be in sync with North America Fresh Meat Packaging Market in the forecast period.

Ethylene-vinyl alcohol polymer acts as a good barrier against oxygen, thereby preserving flavor of the packaged meat. 7 layer packaging makes way for much better shelf life, and does protect dairy products and meat against bacteria. MAP (Modified Atmosphere Packaging) does enhance shelf life on significant grounds as it does maintain color, odor, and flavor by combining gases like nitrogen and carbon dioxide. Microbes can't enter the packaging then. Also, the consumers are inclined toward protein-based diet. Future Market Insights has walked through these facts with future perspectives in its latest market study entitled ‘North America Fresh Meat Packaging Market'. The line of expertise it has includes its analysts and consultants.

Key Takeaways from North America Fresh Meat Packaging Market

  • The US is subject to popularity of poultry meat as it's rich in essential vitamins and lean protein. The US Foreign Agricultural Service has foretold that production on the part of chicken meat would reach ~US$ 21 Mn tons, with 3.3 Mn tons of chicken meat to be exported.
  • Coming to Canada, the government has enacted a resolution for fighting food wastage, which has actually prohibited supermarkets from destroying or throwing the unsold food items with heavy fine to be levied on those who destroy food voluntarily. This law has allowed manufacturers to go for portion size packaging, for the customer to purchase and later use solely required quantity of meat, so that wastage of the meat products could be reduced. Canadian Food Inspection Agency has gone on records to state that the year 2021 alone witnessed 21.7 Mn hogs getting slaughtered in the federally inspected slaughter houses.

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Competitive Landscape

  • Multivac Sepp Haggenmuller GmbH, in April 2021, came up with ‘L 310 full wrap conveyor belt labeler' to enable seafood and fish packaging. The company does offer a broad spectrum of labeling options, right from PP labels to renewable materials paper.
  • Harpak-ULMA, in September 2020, tabled the new-fangled packaging technology as an extension of green packaging initiative. The product would be working toward replacement of non-biodegradable plastic with eco-friendly packaging.

"Fresh meat packaging solutions do help in rendering convenient handling and protection against contamination. This factor is bound to keep the cash registers ringing for North America Fresh Meat Packaging Market", says an analyst from Future Market Insights.

What's more with North America Fresh Meat Packaging Market?

  • The research study is based on packaging format (modified atmospheric packaging, vacuum skin packaging, verteroplasty packaging, and likewise), by material type (polyethylene, polyvinyl chloride, bi-axially oriented polypropylene, polyamide, ethylene-vinyl alcohol copolymer, polypropylene, and likewise), by layer type (monolayer, 3-layer, 5-layer, 7-layer, and 9-layer), and by meat type (beef, pork, poultry, and likewise).

With growing inclination of end-consumers toward fresh and organic meat, North America Fresh Meat Packaging Market is bound to substantiate in the near future.

Key Segments Covered in Fresh meat packaging Market Study

By Packaging Format:

  • Modified Atmospheric Packaging
  • Vacuum Skin Packaging
  • Verteroplasty Packaging
  • Others

By Material Type:

  • Polyethylene
  • Poly vinyl chloride
  • Bi-axially oriented polypropylene
  • Polyamide
  • Ethylene-vinyl alcohol copolymer
  • Polypropylene
  • Others

By Layer Type:

  • Monolayer
  • 3-layer
  • 5-layer
  • 7-layer
  • 9-layer

By Meat Type:

  • Beef
  • Pork
  • Poultry
  • Others

View Full Report @ https://www.futuremarketinsights.com/reports/north-america-fresh-meat-packaging-films-market

Table of Content

1. Executive Summary

2. Assumptions & Acronyms Used

3. Research Methodology

4. Market Overview

4.1. Taxonomy

4.2. Consumer Flexible Plastic Packaging Consumption Overview

4.3. North America Fresh Meat Packaging Market Overview

4.4. North America Packages Sales by Meat Type

4.5. North America Demographics

4.6. Economic Indicators

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About Us :

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

Future Market Insights Inc.  
Christiana Corporate,
200 Continental Drive,
Suite 401, Newark,
Delaware - 19713, USA  
T: +1-845-579-5705  
For Sales Enquiries: [email protected]

SOURCE: Future Market Insights, Inc.

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