Fresh Meat Packaging Market size is set to increase from USD 3.27 billion to USD 5.49 billion, demonstrating a CAGR of around 4.2% during the forecast period, from 2025 to 2037. In the year 2025, the industry size of fresh meat packaging is assessed at USD 3.38 billion.
Rising R&D of therapeutic vaccines, increasing disease diagnostic modalities, and increasing preference of people for fresh food products owing to increase proper packaging will fuel the market growth. Also, the rising consumption of fresh meat products such as chicken, pork, beef, lamb, turkey, and fish are expected to boost the fresh chicken packaging market size. The U.S household consumption of meat in 2020 rose more than 6% up from 2019.
Reduced transportation cost, the economy of scale, increased shelf life, better inventory, minimization of weight loss due to evaporation, and palatability due to controlled aging are some of the major factors surging the market revenue. Further, rising demand for fresh meat among people will impel the market growth.
Growth Drivers
Challenges
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
4.2% |
Base Year Market Size (2024) |
USD 3.27 billion |
Forecast Year Market Size (2037) |
USD 5.49 billion |
Regional Scope |
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Meat Type (Beef, Pork, Poultry)
The poultry segment is anticipated to hold the largest fresh meat packaging market size by 2037, owing to rising production of poultry, increasing disposable income, rapid urbanization in developing economies, and growing popularity of the protein diet and keto diet. Poultry production and consumption rose to 128 million metric tons in 2021 with an average of 4% increase every year according to the USDA Economic Research Service.
Our in-depth analysis of the global market includes the following segments:
By Packaging |
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By Layer |
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By Packaging Format |
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By Meat Type |
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By Distribution Channel |
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The North America fresh meat packaging market is projected to hold largest revenue share by the end of 2037. Rising adoption of modern advancements, increasing consumption of meat, poultry, and seafood, growing production of fresh meat, elevating the number of manufacturing hubs, and rising small and large scale firms and mergers are augmenting the market growth. More than 50 million chickens are produced, 10 billion broiler chickens hatched in 2020, and in 2021 9.5 billion eggs were bred in the U.S alone.
MULTIVAC Sepp Haggenmüller SE & Co. KG announced that it will exhibit a wide range of integrated processing and packaging solutions at IFFA in Frankfurt in 2022. The presentation includes the processing and packaging of fresh meat in MUTIVAC paperboard, poultry in MAP, portioned products in film pouches, and packaging meat in catering packs with cost-effective and sustainable materials.
U.S Food and Drug Administration declared an investment amount of USD 500 million in American Rescue Plan to develop meat and poultry processing capacity to make the agricultural market more fair, accessible, resilient, and competitive for U.S farmers and ranchers.
Author Credits: Abhishek Anil
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