Study: Meat, poultry & seafood remain leading food market for converted flexible packaging
Other major markets entail produce, beverages, pet food, dairy products and frozen foods.
Meat, poultry and seafood were among the largest food market for converted flexible packaging in 2018, accounting for 15% of demand, according to “Converted Flexible Packaging," released by The Freedonia Group, Cleveland, Ohio. Other major markets entail produce, beverages, pet food, dairy products and frozen foods.
As well, demand for converted flexible packaging in food applications is projected to increase 3.3% annually to $17 billion in 2023. Meat, poultry, and seafood will remain the leading market, supported by ongoing consumer demand for case-ready fresh meat, pre-seasoned meats and individually wrapped portions. The ongoing conversion from rigid to flexible formats and consumer interest in products packaged for single servings or uses will continue to drive gains.