Meat Poultry and Seafood Packaging Market in the US 2016-2020

Meat Poultry and Seafood Packaging Market in the US 2016-2020

About the Meat, Poultry, and Seafood Packaging Market in the US

Meat, poultry, and seafood are rich in nutrients like proteins, iron, zinc, vitamins B and E, and magnesium. These foods are available in the market in frozen, fresh, ready-to-eat, and processed forms. Proper packaging of these foods is essential to preserve their texture, nutritive quality, and taste. Suppliers of these foods opt for packaging vendors that can provide appealing packaging solutions in terms of color, material, quality, and services.

Technavio’s analysts forecast the meat, poultry, and seafood packaging market in the US to grow at a CAGR of 4.38% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the meat, poultry, and seafood packaging market in the US for 2016-2020. To calculate the market size, the report considers the total revenue generated from the different types of packaging products in specific applications. The market is divided into the following segments based on material:

• Flexible packaging
• Rigid packaging
• Other packaging materials

Technavio's report, Meat Poultry and Seafood Packaging Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

• Ardagh Packaging
• Ball
• Bemis
• Crown Holdings
• International Paper
• Sealed Air

Other prominent vendors

• AEP Industries
• Anchor Packaging
• Berry Plastics
• Bomarko
• Cascades Sonoco
• Coveris
• Dolco Packaging
• Exopack Holding
• Genpack
• Graphic Packaging Holding
• Interflex Group
• Leucadia International
• LINPAC Packaging
• Packaging Corporation of America
• Printpack
• Robbie Manufacturing
• Reynolds Group

Market driver

• Increased consumption of meat
• For a full, detailed list, view our report

Market challenge

• Growing preference for vegan diet
• For a full, detailed list, view our report

Market trend

• Surge in demand for high-barrier packaging
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Press Release

Technavio Announces the Publication of its Research Report – Meat, Poultry, and Seafood Packaging Market in the US 2016-2020

Technavio recognizes the following companies as the key players in the meat, poultry, and seafood packaging market in the US: Ardagh Packaging, Ball, Bemis, Crown Holdings, International Paper, and Sealed Air.

Other Prominent Vendors in the market are: AEP Industries, Anchor Packaging, Berry Plastics, Bomarko, Cascades Sonoco, Coveris, Dolco Packaging, Exopack Holding, Genpak, Graphic Packaging Holding, Interflex Group, International Paper, Leucadia National, LINPAC Packaging, Packaging Corporation of America, Printpack, Robbie Manufacturing, and Reynolds Group.

Commenting on the report, an analyst from Technavio’s team said: “A trend which is boosting market growth is the surge in demand for high barrier packaging. High-barrier packaging has higher performance than other packaging materials such as laminated structures. Specialized coatings coupled with resins are used to develop this form of packaging. Some of the high-barrier plastics used in the development of this type of packaging include biaxially-oriented polyethylene terephthalate (BOPET) and ethylene vinyl alcohol (EVOH). These high-barrier plastics are considered to be premium packaging materials, and are increasingly being used by food and beverage companies. The positioning of these products as premium ones is key to generating interest among high-income end-users.”

According to the report, a key growth driver is the increased consumption of meat. Meats, such as pork, beef, lamb, and mutton, are good sources of protein and constitute a significant portion of the daily diet of most people in the US. Around 6,300 meat and poultry slaughtering and processing plants operate in the country. In addition, the US exported approximately 4 billion metric tons of poultry meat in 2014, valued at $5 billion. The country is the highest source of revenue in the Americas in the meat, poultry, and seafood markets. In 2014, the meat and poultry industry processed 9 billion chickens, 35 million cattle, 260 million turkeys, 2.5 million sheep and lambs, and 125 million hogs.

Further, the report states that one challenge that could restrict market growth is a growing preference for vegan diet.

Companies Mentioned

Ardagh Packaging, Ball, Bemis, Crown Holdings, International Paper, Sealed Air, AEP Industries, Anchor Packaging, Berry Plastics, Bomarko, Cascades Sonoco, Coveris, Dolco Packaging, Exopack Holding, Genpak, Graphic Packaging Holding, Interflex Group, International Paper, Leucadia National, LINPAC Packaging, Packaging Corporation of America, Printpack, Robbie Manufacturing, Reynolds Group.