International

Ready-to-eat segment is boosting the growth in fresh meat packaging market

Packaging

The global fresh meat packaging market is expected to reach $2.47billion by 2026, with vacuum skin packaging accounting for 32% market share.

Posted on Mar 21 ,14:05

Ready-to-eat segment is boosting the growth in fresh meat packaging market

Research and advisory services Transparency Market Research predict a 2.30% compound annual growth rate (CAGR) for the fresh meat packaging sector thanks to the expansion of the ready-to-eat segment of food.
In 2015, the global fresh meat packaging market was estimated at $1.92 billion and its value could increase to $2.47 billion by 2026. Vacuum skin packaging is expected to control this growth and lead the market with a 32% share of the overall revenues by the end of 2026.
North America is the region that is to show support for this packaging segment as ready-to-cook chicken products are growing due to the affordability of the meat and beef is expected to follow. Also, this is the region expected to account for 36% of the overall revenue during the forecast period, according to the analysis.

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

EU

EU pork exports in China to rise, driving prices up

EU pork exports are seen reaching 2.92 million tonnes in 2019, up 9% from 2.68 million last year,...


Read more Read more
Ukraine

Ukraine opens a new market for egg exports

Ukrainian poultry sector has a new market for egg exports, as the government has concluded the ne...


Read more Read more
Japan

Australian beef sector is defending its market share in Japan

With just a year ahead of Tokyo Olympics Games, Meat and Livestock Australia (MLA) is taking step...


Read more Read more
Websolutions by Angular Software and SpiderClass