- The key vendors in the Meat, Poultry and Seafood Packaging Market in the US 2015-2019 are Ardagh Group SA, Ball Corp., Crown Holdings Inc. and Georgia-Pacific Corp.
London, 24 February 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Meat, Poultry and Seafood Packaging market in the US 2015-2019. The adoption of case-ready packaging is a key trend in this market. It has reduced the expenditure on labor and operations, and increased the shelf life of packaged foods that contain meat, poultry and seafood. An increase in demand for ready-to-eat products is another trend in the market along with the rising consumption of meat products. This trend is driving packaging vendors to develop new packaging materials and types. Overall, the market is expected to grow at a CAGR of 4.70 percent during the forecast period of 2014-2019.
The popular demand for flexible packaging materials such as plastic films and vacuum pouches is seen among consumers and retailers alike. Many retail companies enter into partnerships with these packaging companies to preserve the quality and taste of food products in retails shops and increase the product visibility.
“New developments in the packaging of meat, poultry and seafood is helping customers enormously in determining the quality and freshness of the product,” says Faisal Ghaus, Vice President of TechNavio Research.”
“Also, the F&B sector presents an exciting opportunity in this regard as it requires different and specific types of packaging such as single layer and multilayer films, boxes, and trays to increase shelf life, taste, and quality.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
