Meat Packaging Industry - Regional Synopsis
APAC Market Statistics
Asia Pacific industry is predicted to hold largest revenue share by 2037, driven by increasing industrialization, rise in disposable income of the population, coupled with growing consumption of beef and pork in the region.Asia Pacific industry is predicted to account for largest revenue share by 2037, driven by increasing industrialization, rise in disposable income of the population, coupled with growing consumption of beef and pork in the region. According to the data given by Organization for Economic Co-operation and Development (OECD), Korea had the highest consumption of pork in 2019, amounting to 31.2 kilograms/capita.
North America Market Analysis
Moreover, the meat packaging market in North America and Europe are expected to hold notable shares in the market owing to the growing demand for meat products and the strong presence of industrial players. In addition to this, the change in lifestyle of urban population is evaluated to increase the utilization of pre-processed and packaged foods, which in turn is assessed to be a major growth driver for the market in these regions.
