Fresh Meat Packaging Market to Witness Steady Growth During the Forecast Period 2016-2026
This Future Market Insights report inspects the North America fresh meat packaging market for the period 2016–2026. The prime objective of this report is to offer insights into developments in the North America fresh meat packaging market that are gradually helping transform global businesses associated with the same.
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The North America fresh meat packaging market report begins by defining various categories and their usage in fresh meat packaging. It is followed by market dynamics overview of the North America fresh meat packaging market, which includes FMI analysis of market trends, drivers, restraints and opportunities, regulations, service demand analysis and government initiatives that are affecting growth of the North America fresh meat packaging market. Impact analysis of the key growth drivers and restraints based on the weighted average model has also been included in this report on the fresh meat packaging market in North America, to better equip readers with qualitative and quantitative insights on the ongoing progress of the market and the corresponding latest trends in the market.
The prime factors powering demand for fresh meat packaging in North America are increasing shelf life of meat products, along with increasing demand for customised films from meat producers. Besides, sustainable benefits of flexible films over rigid packaging formats is further fuelling the market demand for meat packaging market. Apart from the above factors, demographic shifts and increase in global population are among the major factors that could lead to rise in demand for fresh meat packaging in North America in the near future.
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Two individual markets, namely North America fresh meat packaging film and North America fresh meat packaging equipment were collectively considered to arrive at data regarding the North America fresh meat packaging market. North America fresh meat packaging film market is segmented on the basis of packaging format, meat type, packaging material, layer type and country. On the basis of packaging material, the market is segmented into PE, PVC, BOPP, PA, EVOH, PP and others. In terms of value, EVOH segment is anticipated to expand at the highest CAGR during the forecast period. On the basis of layer type, the market is segmented into monolayer, 3-layer, 5-layer, 7-layer and 9-layer. Among all layer type segments, 7-layer segment is anticipated to exhibit the highest revenue growth, followed by 5-layer segment over the forecast period. On the basis of packaging format, the market is segmented into MAP, VTP, VSP and others. In terms of value, MAP segment is expected to register a CAGR of 2.6% during the forecast period. On the basis of meat type the market is segmented into beef, pork, poultry and others. Among all meat types, beef segment is anticipated to remain dominant during the forecast period.
Further, on the basis of end user segment, the commercial segment dominated the North America fresh meat packaging market in terms of value in 2014, and is expected to remain the most attractive segment, among the rest. The agriculture segment is expected to expand at the highest CAGR over the forecast period.
The next section of the report highlights the North America fresh meat packaging adoption, by region, and provides the market outlook for 2016–2026. The study investigates the regional trends contributing to growth of the North America fresh meat packaging market globally, as well as analyses the limit to which the drivers are influencing the North America fresh meat packaging market in each region. Main regions assessed in this report include North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and the Middle East & Africa (MEA).