The IndustryARCs newly published market research report has estimated that the Mexican processed meat processed cheese flexible packaging market size will reach $561 million by 2023, with its value grow with a CAGR of 5.2% through the forecast period 2018-2023.The aforesaid report is titled as “ [FURL=https://www.industryarc.com/PressRelease/1515/Mexican-Processed-Meat-and-Processed-Cheese-Flexible-Packaging-Market-Research.html] Mexican Processed Meat & Processed Cheese Flexible Packaging Market[/FURL]: By Packaging Type (Vacuum); By Application (Processed Cheese, Processed Meat); By End-User (Meat Processing Organization, Online Retailers, Others) - Forecast (2018 2023).”
Mexican Processed Meat Processed Cheese Flexible Packaging Market: Leading Segments
Vacuum packages dominated the processed meat processed cheese flexible packaging market among stand-up pouches and wicketed bags, with a share of 93.26% in the year 2017. This packaging is preferred as it aids against food spoilage and microorganisms growth. Vaccum packages does not allow atmospheric influences such as fungal growth on the food items, because of its high barrier properties it is majorly utilized in the medical and food & beverage industries. The shelf-life time of these processed products is improved via vaccum packages and it is mainly determined by the structure of the material used in the manufacturing of vaccum packages. Polyamide and polyethylene are the widely used structures for puncture resistance and sealing respectively.
Processed meat is recognized as the fastest growing application of processed meat processed cheese flexible packaging market in Mexico. It is projected to grow with a CAGR of 5.5% during the forecast period 2018-2023. The increasing need for an extensive saleability of processed meat products such as ham, bacon, hot dogs, corned beef jerky, and meat-based sausages is boosting the growth of the flexible packaging market in Mexico.
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[FURL]https://www.industryarc.com/Report/18936/mexican-processed-meat-and-processed-cheese-flexible-packaging-market[/FURL]
Mexican Flexible Packaging Market: Driving Factors
Growing necessity for long shelf-life products combined with the changing lifestyle of people is influencing the growth of the Mexican processed meat processed cheese flexible packaging market.
The increase in internet penetration has impacted the growth in e-commerce and hence is supporting the flexible packaging for food products.
Rise in population on a daily basis coupled with increasing disposable income of people is also driving the revenue of Mexican processed meat processed cheese market.
Mexican Processed Meat Processed Cheese Flexible Packaging Market: Competitive Landscape
Some of the key market share players involved in the Mexican processed meat and processed cheese flexible packaging market are listed as Amcor Limited, Smurfit Kappa Group, Bemis Company, Inc., Sealed Air Corporation, Berry Plastics Corporation, E.I. du Pont de Nemours and Company, and Coveris Group.
About IndustryARC: IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.