India Meat Packaging Market

India Meat Packaging Market Size to Grow at Steady CAGR of 3.7% During 2023–2029

Published | 01 January 2023

India meat packaging market is gaining traction because of the consumers' increased health consciousness and rising demand for packaged meat in urban areas along with rising meat export activity.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects India meat packaging market to grow at a CAGR of 3.7% during the forecast period between 2023 and 2029. The market's expansion is ascribed to rising meat consumption overall in India, because of consumers' increased health consciousness and rising demand for packaged meat in urban areas. The need for meat packaging in India is being fueled by the realization that proper meat packing is very essential to maintaining the food's freshness and nutritional content. Rising meat export activity could drive the market expansion during the forecast period.

India Meat Packaging Market – Overview

The slaughtering, processing, packaging, and distribution of meat from animals such as cattle, pigs, sheep, and other livestock are all handled by the meat-packing business, which is also known as the meat-packing industry or the meat-packing industry. Packaging shields meat and meat products from mechanical, chemical, and biological risks while they are being processed, stored, and distributed. Fresh meat is packaged to keep it safe from infection, postpone decomposition, allow for some enzymatic activity to increase softness, and stop weight loss.

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India Meat Packaging Market – By Packaging Technology

Based on packaging technology, India meat packaging market is segmented into modified atmosphere packaging (MAP), vacuum skin packaging (VSP), vacuum thermoformed packaging (VTP), and others. The modified atmosphere packaging (MAP) technology accounts for the highest market share. Packaging increases the shelf life and keeps the freshness of the meat by manipulating the atmosphere inside the packaging. It also helps in preserving the food nutrients for longer periods as well as improving the packaging style and appearance which attracts consumers.

Impact of COVID-19 on India Meat Packaging Market

India meat packaging market was hit by the COVID–19 outbreak in the country. The production, procurement, and supply of meat were halted during the lockdown period. Even in the post-pandemic period, the demand for meat is slow in the country as consumers are maintaining their distance from meat in fear of zoonotic disease spread. This resulted in a significant slowdown in the growth of meat packaging in the country. However, the market is expected to catch its pace in the forecast period as the demand for sterilized packaging is rising to prevent meat products from contamination.

Competitive Landscape

Major players operating in the India meat packaging market include Venkys India, Uniroyal Marine, Al Aali Exports Pvt. Ltd., Al-Hamd Agro Food Products Pvt. Ltd., and Suzanne’s Foods. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

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The in-depth analysis of the report provides information about growth potential, upcoming trends, and the India Meat Packaging Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the India Meat Packaging Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

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