Packaging for Ready-to-Eat Poultry to Grow 4.6% Annually
Packaging demand in the ready-to-eat market will be boosted by solid prospects for store-made prepared foods in the retail segment.
CLEVELAND, March 15, 2017 /PRNewswire/ -- Demand for packaging for ready-to-eat poultry applications is projected to climb 4.6% annually to $450 million in 2021. The ready-to-eat market comprises packaging of prepared foods by foodservice operations of supermarkets, convenience stores, mass retailers and other stores (e.g., natural foods stores, club stores) and excludes precooked products from food manufacturers. These and other trends are presented in Poultry Packaging Market in the US, a new study from The Freedonia Group, a Cleveland-based industry research firm.
Packaging demand in the ready-to-eat market will be boosted by solid prospects for store-made prepared foods in the retail segment as consumers continue to seek convenient, affordable meal options that require little or no preparation, often combining a precooked product with home cooked side dishes. This trend will stimulate demand for a variety of packaging products, including domed plastic containers, trays, bags, and foil containers.
The largest share of demand in the ready-to-eat poultry packaging market will be held by plastic containers due to the proliferation of large domed containers for the packaging of rotisserie chicken and roasted turkey breast products. According to analyst Katie Wieser, "Gains will exceed the product average due to the fact that roasted chicken and turkey are some of the most popular products in this segment."
Paper bags and folding cartons, usually with windowed portions, are also used in this segment for the packaging of fried chicken products, while plastic film and trays are used to package a wide range of ready-to-eat entrées including prepared chicken breast products, and smaller portions of roasted and fried chicken.
More information about the study is available at http://www.freedoniagroup.com/industry-study/poultry-packaging-market-in-the-us-3503.htm
About The Freedonia Group – The Freedonia Group, a division of MarketResearch.com, is a leading international industrial research company publishing more than 100 studies annually. Since 1985 we have provided research to customers ranging in size from global conglomerates to one-person consulting firms. More than 90% of the industrial companies in the Fortune 500 use Freedonia Group research to help with their strategic planning. Each study includes product and market analyses and forecasts, in-depth discussions of important industry trends, and market share information. Packaging studies can be purchased at www.freedoniagroup.com and are also available on www.marketresearch.com and www.profound.com.
SOURCE The Freedonia Group