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There was a growing demand for sustainable packaging options, propelled by increasing consumer awareness of environmental issues. Manufacturers and retailers were exploring eco-friendly and recyclable packaging materials to reduce their carbon footprint and meet consumer preferences. Active and intelligent packaging technologies were gaining traction in the fresh meat industry. These packaging solutions help monitor product freshness, quality, and safety by using indicators, sensors, and other functionalities, providing real-time information to consumers.
The beef segment held around 40% share of the fresh meat packaging market in 2022 and is expected to grow at a lucrative pace by 2032, as beef is among the most widely consumed meat products globally.
The market size for fresh meat packaging was reached USD 2.7 billion in 2023 and will reach USD 3.6 billion by 2032, says this GMI report.
Sealed Air Corporation, Amcor Plc, Berry Global Group, Inc., Coveris Holdings S.A., Bemis Company, Inc. (Acquired by Amcor Plc in 2019), Sonoco Products Company, Huhtamaki Oyj, Printpack Inc., Crown Holdings, Inc., Winpak Ltd., and DuPont de Nemours, Inc. (formerly DuPont).
U.S. market for fresh meat packaging accounted for a revenue of USD 0.6 billion in 2022 and is anticipated to expand significantly through 2032, owing to the consumers