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Meat Packaging Market to Reap Excessive Revenues by 2018-2025

Wednesday, May 08, 2019

Press release from the issuing company

Meat packaging market is flourished worldwide due to various factors such as urbanization especially in developing economies such as India, Russia, Brazil and China, increase in demand of convenience products due to the time constraint. However, some of the factors which are restraining the market growth of meat packaging includes environment issues such as recyclability and sustainability coupled with hygienic packaging and rising concern regarding the health.

With various beneficial characteristics of fresh meat packaging, such as low carbon footprint, reduced energy consumption, decreased raw material consumption, and low wastage, this market is likely to continue its growth trajectory over the next few years. Apart from this, the increasing rate of urbanization in emerging regions, such as Asia Pacific and Latin America, is also projected to cause a massive shift towards the preference for packaged food among consumers, further stimulating the market.

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).

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The increasing use of biodegradable packaging techniques is one of the key trends contributing towards the fresh meat packaging market. The growing environmental concerns have compelled the manufacturers to focus on the use of biodegradable films for packaging products. Starch-based plastics are commonly used as biodegradable plastics as they are produced purely from starch or blended starch by adding other biodegradable components, and water as a plasticizer.

North America is the largest market for meat packaging followed by Europe and Asia-Pacific. Asia-Pacific market is anticipated to show a strong growth due to rising personal disposable income coupled with rise in the consumption of beef, pork and other meat products.

Ask Analyst @ https://mindaspiremarketresearch.com/inquire/report/meat-packaging-market 

Competitor Overlook:

Amcor Ltd., Dupont, Bemis Co. Inc., Berry Plastic Group, Winpack Ltd., Sealed Air Corp., Crown Holdings, Reynolds Group, Coveris Holdings S.A., and Sealpac International BV these are some of the key players involved in the business of meat packaging across the world.


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