Demographics rule when decisions are made about meat, poultry and seafood packaging. Globally a growing world population and higher standards of living in developing regions foster exports and boost volume.
In fact, The Freedonia Group, a Cleveland, Ohio-based market research firm, cites rising export volume along with growth in the foodservice sector and prepared foods as drivers behind a projected 3.8 percent annual growth rate for meat, poultry and seafood packaging to $10.9 billion in 2019. The growth rate will be helped by the shift away from controlling fats and carbs in the diet to emphasizing protein consumption and gluten-free food. Other influencers are a desire for more sustainable packaging and less food waste.