The demand for meat packaging is expected to increase enormously, owing to the increase in the production and consumption of meat products. As per the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES), the global meat consumption increased by 58% in a span of 20years in 2018 and reached 360 million tons due to higher poultry consumption and affordability. Moreover, the benefits and functions performed by this packaging, such as longer shelf-life, avoiding contamination, ensuring the freshness, providing product visibility, microbiological and physio-chemical alterations, and resisting grease and odor drives the market growth.
Impact of COVID-19
The COVID-19 outbreak may hinder the growth of the meat packaging market in the near future. The reason for the pandemic being related to the consumption of an animal has hurt the consumer sentiments, which is likely to affect the consumption of the meat negatively. The production of meat is severely affected. Most people across the globe prefer home-cooked and vegetarian food. Furthermore, due to lockdown and social distancing norms, the pandemic is anticipated to cause supply and demand blow in the meat consumption.
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Meat Packaging Market: Segmentation
By Material Types
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* Known and Unknown Adjacencies Influencing the Growth of Market
* Explorable Revenue Sources
* Customer Behaviour Analysis
* Target Partners
* Customized Geographical Data Based on Customers as well as Competitors
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