Study: Fresh meat packaging market to reach $2.47B by 2026
The fresh meat packaging market in North America region, for instance, is expected to continue its leading position in the global market.
The global fresh meat packaging market is expected to grow at 2.30% CAGR during 2016-2026 to reach $2.47 billion by 2026, according to a study released by Transparency Market Research, Albany, N.Y. Vacuum skin packaging is expected to drive this growth, and lead the market with a 32% share of the total revenues by 2026.
The market players are witnessing a rise in revenues as in-store promotions and consumer awareness play a bigger role.