Innovations in Modified Atmosphere Technology Forms Basis of Smart Packaging for Seafood
The demand for premium quality food products with improved shelf life is on the rise. Likewise, advancements in technology of fresh meat packaging have brought a revolution in the marketing and distribution of food products.
In the seafood packaging landscape, modified atmosphere technology has helped meet consumer demand for fresh and refrigerated seafood with an extended shelf life. Innovations in the modified atmosphere packaging (MAP) landscape have helped stakeholders develop case-ready packaging, where the meat is cut and packaged for transportation, which gives an aesthetic display of the seafood in supermarkets and retail stores.
In the global fresh meat packaging market, innovations in plastic materials and equipment have led to developments in the modified atmosphere packaging landscape. However, there is the need for more advanced technological and logistical solutions for the efficient preservation of raw chilled fresh meat, and also maintaining the quality of meat. Modified atmosphere packaging requires a significant amount of capital investment to maintain fresh food gas grade for packaged meat. With the help of active and intelligent packaging in smart packaging technologies, stakeholders can facilitate companies in efficaciously preserving various seafood products by providing better convenience, containment, and protection from microbial actions.
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Leveraging PE Packaging Solutions with Nanomaterials Technology
Plastic packaging is undergoing many innovations in the fresh meat packaging landscape. Plastic packaging serves as the most resource-efficient solution for stakeholders in helping companies prevent food waste and product waste during transportation.
With the advent of achieving the benchmark of becoming a circular economy, stakeholders are producing plastic packaging made of single layer to ensure the ease of recycling. There has been an increase in the number of packer fillers and mono PET (Polyethylene terephthalate) trays in the fresh meat packaging market. Stakeholders are also manufacturing packaging solutions with the technology of nano-silver particles (AgNPs) that serve as smart packaging solutions and prevent meat spoilage. Other research & development efforts are turning towards PLA (Polylactic Acid) composite films that are weighted with silver-copper nanoparticles and cinnamon essential oil into the polymer matrix with the help of the compression molding technique that prevents the pathogenic and bacteria spoilage of poultry products.
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Sustainable Packaging Serves as Efficient Alternative to Conventional Plastic Packaging
The health kick in consumers has created an undesirable perception for plastic fresh meat packaging. This notion has given rise to sustainable packaging solutions in the fresh meat packaging landscape.
Similarly, stakeholders are developing user-friendly software that facilitate design packaging for a range of meat products. This software is collaborated with modified atmosphere packaging, which helps strike the right balance of gas composition by taking into consideration the permeation of gases through the packaging film, and serves as a sustainable packaging solution.
The fresh meat packaging market is highly fragmented, which is creating opportunities of business for new market players to enter into the landscape. In the sustainable packaging landscape, stakeholders are making use of recycled PET plastic for fresh meat packaging. For instance, in July 2019, Winpak - a leading Canadian manufacturer and distributor of packaging materials, announced the launch of flexible packaging for meatballs that helps save on an average of 30 tons of plastic per annum.
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Analysts’ Viewpoint
Analysts of the fresh meat packaging market study have a positive outlook for the growth of the market for the forecast period of 2019-2027. The fresh meat packaging market is anticipated to grow at a CAGR of 4.5%, and the market is likely to reach a valuation of ~US$ 3 billion by the end of 2027. Flow wraps with MAP and vacuum skin packaging technology are becoming a common practice amongst stakeholders, which have proved to significantly reduce food and product wastage. Active packaging is becoming the new buzzword for efficient seafood product packaging. The new concept of intelligent packaging solutions serves as packaging systems that monitor the condition of packaged food, and provides information about the quality of the food during transportation and storage.
Fresh Meat Packaging Market: Scope of the Study
[225 Pages Report] Transparency Market Research (TMR) started a new study on the global fresh meat packaging market, providing forecast for the period of 2019-2027. In this study, the growth opportunity for the fresh meat packaging market is provided. The report provides valuable insights, which enable readers make winning business decisions for the future growth of their businesses. The report highlights significant factors that are constantly determining the growth of the fresh meat packaging market, untapped opportunities for manufacturers, trends and developments, and other insights across various key segments. Macroeconomic factors that are directly or indirectly affecting the growth of the fresh meat packaging market are also incorporated in the report.
Key Questions Answered
- What will be the market size for fresh meat packaging by 2027?
- Which packaging technology would be the most preferred for fresh meat? What is its projected market size in 2019?
- Which material is the most preferred for fresh meat packaging?
- Which region will remain the most lucrative for the growth of the fresh meat packaging market?
- Who are the major customers for fresh meat packaging?
Key indicators associated with the fresh meat packaging market have been calculated thoroughly in the report. The study enumerates vital market dynamics, such as key drivers, challenges, and trends, along with opportunities in the global fresh meat packaging market. A comprehensive study on the supply chain, which includes raw material suppliers, packaging convertors, and end users, has been incorporated in the global fresh meat packaging market report. Other key aspects laid down in the report include pricing strategy of leading market players, and comparative analysis of raw materials. Furthermore, forecast factors and forecast scenario of the fresh meat packaging market have been covered in the report to understand the future prospects of the market.
A comprehensive evaluation and forecast on the fresh meat packaging market are provided on the basis of material, packaging technology, meat, and region.
Y-o-Y growth comparison, volume and revenue comparison, and market share comparison of various market segments are provided in the report. The fresh meat packaging market is analyzed at both, regional and country levels.
The fresh meat packaging market report delivers an exhaustive assessment on the structure of the fresh meat packaging market, in tandem with a dashboard view of all the leading company profiles in the report. Every company’s share analysis in the fresh meat packaging market has also been presented in the report, apart from the footprint matrix of the profiled market players. The report depicts the presence of fresh meat packaging manufacturers by leveraging an intensity map. The report also highlights the key end users for fresh meat packaging.
Key companies profiled in the fresh meat packaging market report include Amcor plc, Berry Global Inc., Winpak Ltd., Sealed Air Corp., Coveris Holdings S.A., Bolloré Group, Mondi Group, Tetra Pak International S.A., Cascades Inc., Smurfit Kappa Group plc, Amerplast Ltd., and R.Faerch Plast A/S.
Research Methodology
A realistic methodology, along with a holistic approach, makes the base for sharp insights, which are provided in the fresh meat packaging market for the study evaluation period. The TMR report comprises detailed information on the growth prospects of the fresh meat packaging industry, along with riveting insights into the forecast assessment of the market.
Extensive primary and secondary research has been employed to garner keen insights into the forecast study of the fresh meat packaging market. The report on the market has further gone through cross-validation by in-house professionals to make the fresh meat packaging market report one-of-its-kind, with the highest credibility.