According to the research report titled ‘Global Processed Meat Packaging Market Size study, by Type (Modified Atmosphere Packaging (MAP), Vacuum Skin Packaging (VSP), Vacuum Thermoformed Packaging (VTP), and Others), By Application (Beef, Pork, Poultry, Seafood, and Others), and Regional Forecasts 2020-2027‘, available with Market Study Report, global processed meat packaging market is expected to witness substantial growth during 2020-2027.
 

Rapid urbanization, especially in emerging nations such as Russia, India, Brazil, and China, along with rise in demand for convenient products due to time constraint are the major factors fueling the growth of global processed meat packaging market.
 

Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/2815841/
 

Further, increasing consumption of meat worldwide is encouraging the manufacturers to develop enhanced packaging solutions to maintain freshness and hygiene of the products, thereby contributing to the global processed meat packaging industry outlook. As per the Organization for Economic Co-operation and Development (OECD) and Food and Agriculture Organization (FAO), average meat consumption per individual was 34.4 kilograms in 2019 and is predicted to reach 34.9 kilograms by 2024.
 

According to the American Institute for Packaging & the Environment, about 68% of meat in America was packed in 2017. Adoption of environmentally sustainable packaging strategies is positively impacting the global processed meat packaging market forecast. Citing an instance, several supermarket stores, like Poiesz, EkoPlaza, and others, have begun to use Bio4Pack compostable meat trays as organic meat packages. 
 

In terms of product, global processed meat packaging industry is bifurcated into vacuum thermoformed packaging (VTP), modified atmosphere packaging (MAP), vacuum skin packaging (VSP), and others. Considering the application, the market is divided into seafood, pork, beef, poultry, and others.
 

From a regional frame of reference, worldwide processed meat packaging industry is segmented into Europe, North America, Asia Pacific, Latin America, and rest of the world. North America market is projected to record significant growth during 2020-2027, mainly due to an increase in R&D expenditure to include creative packaging techniques.
 

Major players operating in global processed meat packaging market sphere include Sealed Air Corporation, Viscofan Group, Sonoco Products Company, Berry Global Inc., Crown Holdings Inc. (formerly Crown Cork & Seal Company), Smurfit Kappa Group plc, Winpak Ltd., WestRock Company, and Amcor plc.