Meat, Poultry & Seafood Packaging Demand to Increase 3.5% to $9.2 billion by 2013

PRLog (Press Release) - Jul 03, 2009 -
According to the report “Meat, Poultry & Seafood Packaging: US industry forecasts for 2013 & 2018” available at http://www.reportbuyer.com/go/FED00172.html demand for meat, poultry and seafood packaging is expected to increase 3.5 percent annually to $9.2 billion in 2013. Gains will be driven by an expansion in meat, poultry and seafood production, as well as the continuing shift to case-ready packaging by many retailers as a means to reduce in-store labour costs. Case-ready packaging typically employs higher cost trays and high barrier films, thus boosting value gains. Packaging demand will also be supported by changes in packaging practices, such as the increasing prevalence of meat and poultry items in smaller, more convenient sizes and the expanding range of products that are further processed. These products, which typically use more packaging relative to their volume than larger unprocessed items, will continue to be favoured by consumers looking for foods that are easy and quick to prepare, and easy to store.

Flexible packaging demand will outpace rigid packaging, advancing at a 4.4 percent annual pace to $4 billion in 2013. Growth will be driven by favourable prospects for high barrier film and pouches. High barrier film demand will be aided by the rising percentage of meat in case-ready packaging, which requires value-added materials to extend shelf life and otherwise protect the contents during shipping and handling. Healthy gains for pouches will result from further penetration of retort pouches into traditional can applications, as well as continued inroads by stand-up pouches in frozen meat, poultry and seafood applications due to pouches’ high visual appeal and ability to be displayed vertically in upright freezer cases.

The report “Meat, Poultry & Seafood Packaging: US industry forecasts for 2013 & 2018” is available from Report Buyer at: http://www.reportbuyer.com/industry_manufacturing/packag ...
Report Buyer product ID: FED00172

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