Poultry Packaging Market to Exceed US$ 4 Bn by 2032 as Need

2022-08-20 03:56:15 By : Mr. YE CUI

August 17, 2022 11:30 ET | Source: Future Market Insights Global and Consulting Pvt. Ltd. Future Market Insights Global and Consulting Pvt. Ltd.

Valley Cottage, New York, UNITED STATES

NEWARK, Del, Aug. 17, 2022 (GLOBE NEWSWIRE) -- According to the latest insights by Future Market Insights (FMI), the poultry packaging market is estimated to rise at 5% CAGR between 2022 and 2032. The sales in the market are projected to reach US$ 2.5 Bn by 2022 amid growing consumption of poultry meat across the globe. Poultry packaging is important as it prevents the growth of the microbiological organisms in the food products.

In order to keep the food safe, secure and to extend the shelf life of the products various preservative techniques are used in the packaging industry. In addition, another factor contributing to the growth of poultry packaging is the initiatives from the various governments to increase healthy food products.

The poultry packaging maintains the food nutrition, appearance and aroma, fueling the adoption among end users at a robust pace. In terms of packaging format, rigid poultry packaging is extensively used, as it is preferred by the end users. Hence, manufacturers are focusing on the research and development of packaging techniques so that more convenient and safe packaging can be done for the poultry products.

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Key Takeaways from Poultry Packaging Market

“Need for extended shelf life of the processed and ready to eat meals has increased the demand for active packaging solutions. Hence, key players are extensively investing in research & development for advanced packaging technologies, creating growth opportunities for poultry packaging industry players” – says FMI analyst

Widespread Consumption of Poultry Meals to Boost the Market

There is a rise in the demand for healthy diet products as the generation is inclining toward a healthy lifestyle. Poultry provides nutritional food containing high quality protein and it has a low proportion of fat. Various benefits of poultry meat have increased the consumption of the poultry meals such as a balanced diet, reduce risk of diseases and overweight, etc.

Thus, the consumer becoming more cognizant and aware of building a healthy lifestyle to fight against any unforeseen pandemic has increased the consumption of nutritive poultry meals. Hence, widespread consumption of poultry meat across the globe will increase the demand for poultry packaging.

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Poultry Packaging Market by Category

Berry Global Inc., Amcor PLC, Mondi Group, Smurfit Kappa and International Paper are the key players operating in the global poultry packaging market. Also, some of the noticeable players operating in the poultry packaging are Sealed Air Corporation, ProAmpac LLC, Glenroy, Inc., Sonoco Products Company, Winpak Limited, Sealpac International bv, Klöckner Pentaplast, Mannok Pack, Orora Packaging Australia Pty Ltd, Visy, Cascades Inc., ULMA GROUP, Smart Packaging Solutions, VISKOTEEPAK, Safepack and others.

About the Packaging Division at Future Market Insights

The packaging division at Future Market Insights provides an in-depth historical analysis and projections for the next ten years and covers the competitive landscape through a unique dashboard view. Ranging from packaging materials, packaging machinery to packaging designs & formats, Future Market Insights has an exhaustive database for these industry verticals, serving clients with unique research offerings and strategic recommendations. With a repository of 1,000+ reports, the team has analysed the packaging industry comprehensively in 50+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help.

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    3.3. Macro Factors and Forecast Factors

    3.7. Global Average Pricing Analysis Benchmark

4. Global Poultry Packaging Market Analysis 2015-2021 and Forecast, 2022-2032

    4.1. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis, 2015-2021

    4.2. Current and Future Market Size Value (US$ Mn) & Volume (Units) Projections, 2022-2032

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Download complimentary copy of Future Market Insights White Paper on Intelligent Packaging for Circular Economy published in collaboration with Graham Packaging and Avery Dennison

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years. 

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