Meat, Poultry & Seafood Packaging Market Size

Meat, Poultry & Seafood Packaging Market Analysis

The meat, poultry & seafood packaging market is projected to register a CAGR of 4.30% over the forecast period. The growing population is expected to increase the demand for food items, which may, in turn, act as a driver for the meat, poultry & seafood packaging industry during the forecast period.

• The increased need for disposable packaging in the offices and retail sector and the rising investment in the packaging industry by manufacturers and retailers are boosting the meat, poultry & seafood packaging industry.
• Consumer interaction with meat, poultry, and seafood packaging is changing with an increasing focus on sustainability and rigid and flexible packaging solutions, which are being improved daily with new innovative packaging solutions.
• The increasing demand for consumer-friendly packages and enhanced product protection have propelled meat, poultry, and seafood packaging as a viable and cost-effective alternative.
• The rising GDP and population may accelerate market expansion. In addition, the consumer-friendly storage and resealability conditions are contributing to the market's development worldwide.
• However, the risk of contamination of the packaging material may hinder the market's growth. Sometimes, toxic flame retardants, which are made from styrene and benzene, contaminate the food material due to poor packaging or mishandling.
• The threat of bird flu during COVID-19 reduced meat and poultry consumption worldwide. Thus, the market for packaging meat, poultry, and seafood was negatively impacted during the pandemic. Many individuals were forced to reconsider eating meat and going to restaurants due to the threat of virus and bird flu.