Poultry Packaging Market Trends and Forecast
The future of the global poultry packaging market looks promising with opportunities in the chicken, layer chicken, and turkey markets. The global poultry packaging market is expected to reach an estimated $3.1 billion by 2030 with a CAGR of 4.1% from 2024 to 2030. The major drivers for this market are rising consumption for poultry products, growing demand for convenient and portioned packaging formats for poultry items, and shift towards eco-friendly & recyclable poultry packaging materials.
• Lucintel forecasts that flexible poultry packaging is expected to witness the higher growth over the forecast period.
• Within this market, chicken is expected to witness the highest growth.
• APAC is expected to witness highest growth over the forecast period.
United States: Tyson Foods introduced new eco-friendly packaging for poultry products, aligning with government sustainability goals and consumer demand for environmentally responsible packaging.
Brazil: JBS S.A. set targets to improve poultry packaging efficiency and reduce plastic use, in line with government initiatives promoting sustainable packaging practices.
China: Shuanghui Group implemented innovative packaging designs for poultry, meeting government standards for food safety and enhancing product appeal in the market.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Poultry Packaging by Segment
The study includes a forecast for the global poultry packaging by type, application, and region.
Poultry Packaging Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Flexible Poultry Packaging
• Rigid Poultry Packaging
Poultry Packaging Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Chicken
• Layer Chicken
• Turkey
• Others
Poultry Packaging Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Poultry Packaging Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies poultry packaging companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the poultry packaging companies profiled in this report include-
• Amcor
• Mondi Group
• Sealed Air
• Sonoco Products
• Ampac Holding
• Berry Global
• DowDuPont
Recent Development in the Poultry Packaging Market
Tyson Foods: Tyson Foods has introduced a new initiative focusing on sustainable poultry packaging. The company aims to reduce its environmental impact by incorporating eco-friendly packaging materials and implementing efficient packaging designs. This initiative reflects TysonÄX%$%Xs commitment to sustainability and aligns with growing consumer preferences for environmentally responsible packaging solutions in the poultry industry.
JBS S.A.: JBS S.A., a major player in the poultry market, has announced a strategic initiative to improve poultry packaging efficiency and reduce plastic usage. The companyÄX%$%Xs goal is to optimize packaging processes and explore alternative materials that are more sustainable and environmentally friendly. JBS S.A.ÄX%$%Xs initiative demonstrates its proactive approach towards addressing sustainability challenges in the poultry packaging sector.
Shuanghui Group: Shuanghui Group, a prominent poultry producer in China, has implemented innovative packaging designs for its poultry products. These designs focus on enhancing product freshness, safety, and appeal while meeting stringent government standards for food safety and packaging regulations. Shuanghui GroupÄX%$%Xs initiative reflects a broader trend in the industry towards adopting advanced packaging solutions to ensure product quality and consumer satisfaction.
Cargill: Cargill has launched a comprehensive initiative aimed at enhancing poultry packaging efficiency and sustainability. The company is investing in research and development to create packaging solutions that minimize waste, improve shelf life, and reduce environmental impact. CargillÄX%$%Xs initiative underscores its commitment to responsible packaging practices and meeting the evolving needs of the global poultry market.
Features of the Global Poultry Packaging Market
Market Size Estimates: Poultry packaging market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Poultry packaging market size by type, application, and region in terms of value ($B).
Regional Analysis: Poultry packaging market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the poultry packaging market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the poultry packaging market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the poultry packaging market size?
Answer: The global poultry packaging market is expected to reach an estimated $3.1 billion by 2030.
Q2. What is the growth forecast for poultry packaging market?
Answer: The global poultry packaging market is expected to grow with a CAGR of 4.1% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the poultry packaging market?
Answer: The major drivers for this market are rising consumption for poultry products, growing demand for convenient and portioned packaging formats for poultry items, and shift towards eco-friendly & recyclable poultry packaging materials.
Q4. What are the major segments for poultry packaging market?
Answer: The future of the poultry packaging market looks promising with opportunities in the chicken, layer chicken, and turkey markets.
Q5. Who are the key poultry packaging market companies?
Answer: Some of the key poultry packaging companies are as follows:
• Amcor
• Mondi Group
• Sealed Air
• Sonoco Products
• Ampac Holding
• Berry Global
• DowDuPont
Q6. Which poultry packaging market segment will be the largest in future?
Answer: Lucintel forecasts that flexible poultry packaging is expected to witness the higher growth over the forecast period.
Q7. In poultry packaging market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the poultry packaging market by type (flexible poultry packaging and rigid poultry packaging), application (chicken, layer chicken, turkey, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Poultry Packaging Market Market, Poultry Packaging Market Market Size, Poultry Packaging Market Market Growth, Poultry Packaging Market Market Analysis, Poultry Packaging Market Market Report, Poultry Packaging Market Market Share, Poultry Packaging Market Market Trends, Poultry Packaging Market Market Forecast, Poultry Packaging Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.