Meat, Poultry, Seafood Packaging Market Research Report -Global Forecast to 2023
Global Meat, Poultry, Seafood Packaging Market Information by Material (Plastic, Paper and Metal), by Type (Rigid Packaging, and Flexible Packaging), by Application (Fresh & Frozen Products, Processed Products, and Ready-to–Eat Products) and Region - Forecast to 2023 Market Scenario On the basis of region, North America region dominates the meat, poultry, seafood packaging market. It accounted for the largest market share of 34.84% in 2016, with a market value of USD 12,270.3 Million and is projected to grow at the highest CAGR of 4.61% during the forecast period. The region is expected to witness the fast growth of meat, poultry and seafood packaging as the people in the region are more inclined towards convenience products. Europe was the second-largest market in 2016, valued at USD 9,739.2 million in 2016; it is projected to grow at a CAGR of 3.89%. The market is growing with the increased adoption of eco-friendly techniques of packaging for food products in Europe. Additionally, the increase in disposable income of people in the region, the rise in demand for convenience food, and growing awareness of packaged food among consumers are also fuelling the growth of the market in the region.
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