The poultry packaging market in North America is expected to grow until 2022
A recent research market study released by Technavio, cited by Business Wire, is showing that the market for poultry packaging in North America is expected to grow at a CAGR of close to 6% for the next 5 years.
The market is characterized by smaller households and people with busy schedules that look for convenience in poultry products increasing the demand for microwave safe, flexible packaging options and designs with zippers and small portions.
Also, governmental concerns with respect to growing plastic waste are leading to the development of sustainable packaging solutions, which are degradable, recyclable, or reusable.
Packaging manufacturers are looking at packaging which is eco-friendly and reduces the amount of waste generated. “Poultry packaging films used for packaging whole chickens are now made by utilizing higher abuse-resistant polymers, which prevent tearing and leakage during transportation”, said one analyst with Technavio.
For now, US producers are holding a 71% of the market share in the USA, Mexico and Canada and the increased consumption of poultry products in the region is expected to boost the growth of the market during the next 5 years.
Advances in vacuum packaging and the MAP will also lead to the growth of the market as these technologies help to extend the shelf life of poultry products, mentioned the report.
(Photo source: NNZ)
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