Poultry Packaging Market to Grow at a CAGR of 4.48% During 2024-2032

The global poultry packaging market size was valued at USD 3.97 billion in 2023. The market is projected to be worth USD 4.12 billion in 2024 and reach USD 5.85 billion by 2032, exhibiting a CAGR of 4.48% during the forecast period.
Poultry packaging refers to a packaging technique utilized to pack poultry products and safeguard them from biological, chemical, and physical damage. The factor driving the market expansion is the rising demand for poultry meat globally.

The market witnessed negative growth during the COVID-19 pandemic due to the increased disruptions in the feed supply chain and related lockdowns imposed.
Fortune Business Insights™ mentions this in a report titled, "Poultry Packaging Market, 2024-2032."

𝐆𝐞𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/poultry-packaging-market-110134

𝐋𝐢𝐬𝐭 𝐨𝐟 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐏𝐫𝐞𝐬𝐞𝐧𝐭 𝐢𝐧 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
▶ Berry Global, Inc. (U.S.)
▶ Sealed Air (U.S.)
▶ ProAmpac LLC (U.S.)
▶ Amcor PLC (Switzerland)
▶ Tekni-Plex Consumer Products (U.S.)
▶ Hartmann (Denmark)
▶ CKF Inc. (Canada)
▶ Mondi Group (U.K.)
▶ Cascades Inc. (Canada)
▶ Huhtamaki Oyj (Finland)
▶ Winpak Limited (Canada)
▶ Sealpac International bv (Germany)
▶ Klöckner Pentaplast (Luxembourg)
▶ Smurfit Kappa (Ireland)
▶ Mannok Pack (Ireland)

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬
𝐒𝐮𝐫𝐠𝐢𝐧𝐠 𝐔𝐭𝐢𝐥𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐏𝐥𝐚𝐬𝐭𝐢𝐜𝐬 𝐭𝐨 𝐁𝐨𝐨𝐬𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐆𝐫𝐨𝐰𝐭𝐡
By material, the market is divided into plastic, paper & paperboard, and molded fiber. The plastic segment is projected to dominate the market during the estimated period owing to the increasing use of plastic material to package poultry products due to its oxygen-barrier properties.

𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐔𝐬𝐞 𝐨𝐟 𝐌𝐨𝐝𝐢𝐟𝐢𝐞𝐝 𝐀𝐭𝐦𝐨𝐬𝐩𝐡𝐞𝐫𝐞 𝐏𝐚𝐜𝐤𝐚𝐠𝐢𝐧𝐠 𝐭𝐨 𝐏𝐫𝐨𝐩𝐞𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐄𝐱𝐩𝐚𝐧𝐬𝐢𝐨𝐧
Based on packaging technique, the market is segmented into modified atmosphere packaging, vacuum packaging, and shrink packaging. The modified atmosphere packaging dominates the market due to the increase use of modified atmosphere packaging as it provides extended shelf life further maintaining the quality and freshness of poultry products.

𝐏𝐫𝐨𝐭𝐞𝐜𝐭𝐢𝐯𝐞 𝐁𝐚𝐫𝐫𝐢𝐞𝐫 𝐎𝐟𝐟𝐞𝐫𝐞𝐝 𝐁𝐲 𝐓𝐫𝐚𝐲𝐬 𝐭𝐨 𝐀𝐮𝐠𝐦𝐞𝐧𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐆𝐫𝐨𝐰𝐭𝐡
On the basis of product type, the market is classified into trays, films & wraps, bags & pouches, boxes & cartons, and others. The trays segment account for the dominant poultry packaging market share owing to protective barrier offered by trays to the poultry products, further reducing the cross-contamination risk during transit and storage.
Geographically, the market is studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

𝑮𝒆𝒕 𝒂 𝑸𝒖𝒐𝒕𝒆: https://www.fortunebusinessinsights.com/enquiry/get-a-quote/poultry-packaging-market-110134

𝐑𝐞𝐩𝐨𝐫𝐭 𝐂𝐨𝐯𝐞𝐫𝐚𝐠𝐞
The report provides major growth drivers, restraining factors, opportunities, and potential challenges for the market. It offers comprehensive insights into regional developments, a list of major industry players, key strategies adopted by market players to boost virtual reality (VR) in gaming market share and the latest industry developments, including product launches, partnerships, mergers, and acquisitions.

𝐃𝐫𝐢𝐯𝐞𝐫𝐬 & 𝐑𝐞𝐬𝐭𝐫𝐚𝐢𝐧𝐭𝐬
𝐁𝐮𝐫𝐠𝐞𝐨𝐧𝐢𝐧𝐠 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐎𝐧-𝐓𝐡𝐞-𝐆𝐨 𝐌𝐞𝐚𝐥𝐬 𝐭𝐨 𝐏𝐫𝐨𝐩𝐞𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐄𝐱𝐩𝐚𝐧𝐬𝐢𝐨𝐧

The poultry packaging market growth is increasing due to the rising demand for the on-the-go and ready-to-eat meals that offer better nutrition and are healthy. The increasing demand for poultry products from the health-conscious consumers owing to the high protein content is also enhancing the companies to launch new products.

However, the growing risk of the bacterial growth in the packaged poultry products may hamper the market expansion.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬
𝐍𝐨𝐫𝐭𝐡 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐢𝐬 𝐃𝐨𝐦𝐢𝐧𝐚𝐭𝐢𝐧𝐠 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐮𝐞 𝐭𝐨 𝐏𝐫𝐞𝐬𝐞𝐧𝐜𝐞 𝐨𝐟 𝐌𝐚𝐣𝐨𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬

North America the leading region in the market. The growth is attributed to the presence of major market players in the poultry packaging industry.
Asia Pacific is second-leading region in the market and is projected to witness substantial growth during the forecast period owing to the burgeoning new technologies utilization that favors the long-term market conditions in different countries of the Asia Pacific.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞

Key Players are Offering Innovative Packaging Solutions to Drive Market Growth
In terms of the competitive landscape, the key players in the market are offering innovative packaging solutions and are also expanding their customer base across different regions to dominate the market. Some of the leading market players are Amcor and ProAmpac.

𝐊𝐞𝐲 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭

April 2022 - Hartmann India Ltd. launched new egg trays, HIL-Large and HIL-Medium. The company used an existing new product as a base to develop these trays as it is better suited for the growing needs of India.

𝑹𝒆𝒂𝒅 𝑴𝒐𝒓𝒆 𝑰𝒏𝒇𝒐𝒓𝒎𝒂𝒕𝒊𝒐𝒏 https://www.fortunebusinessinsights.com/poultry-packaging-market-110134

𝑹𝒆𝒍𝒂𝒕𝒆𝒅 𝑹𝒆𝒑𝒐𝒓𝒕𝒔 -
Seafood Packaging Market: https://www.fortunebusinessinsights.com/seafood-packaging-market-103399

Cold Chain Packaging Market: https://www.fortunebusinessinsights.com/cold-chain-packaging-market-102829

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This release was published on openPR.