Global Antimicrobial Packaging Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2026
MarketResearch.biz delivers in-depth insights on the global antimicrobial packaging market in its upcoming report titled, “Global Antimicrobial Packaging Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2026”. The global antimicrobial packaging market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2026. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2026. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global antimicrobial packaging market report has been segmented on the basis of base material, antimicrobial agents, end-use industry, and region.
Antimicrobial packaging products provide shield and help to enhance the shelf-life of product, which helps to offer better quality food products. Antimicrobial packaging material includes paper and board, metal, or plastic, glass, for applications in products such as convenience foods, dairy, confectionery, bakery, fruits, meat, vegetables, and sauces. Global market revenue for antimicrobial packaging is estimated to grow steadily, as various manufacturing facilities are being manufactured to meet requirements of appropriate antimicrobial packaging standards in developing as well as developed countries.
Increasing utilization of convenience foods globally is estimated to drive growth of the antimicrobial packaging market over the forecast period. Packaged food features such as easy opening, portability, and easy disposability is resulting in acceptance of antimicrobial packaging methods. This is another major factor estimated to drive growth of the global antimicrobial packaging market. The antimicrobial packaging increases shelf life of products with a purified environment which limits growth of microorganisms that are responsible for decay and spoilage of perishable food products.
Increasing customer awareness regarding food spoilage due to constantly changing climatic conditions and rising preference for ready-to-eat products due to round-the-clock working hours and hectic lifestyle are expected to fuel growth of the market in next five years. Safety of food products is a main priority of manufacturers across the globe and it is estimated to boost growth of the global antimicrobial packaging market. Increasing government regulations by regulatory authorities including US Department of Agriculture, US FDA, Food Safety Initiative, and European Food Safety Authority, that ensures prevention and safety of food products from any contamination, is an another additional factor projected to fuel growth of the global antimicrobial packaging market.
Target audience for the global antimicrobial packaging market include industry associations, antimicrobial packaging producers, antimicrobial packaging traders, antimicrobial packaging suppliers, and antimicrobial packaging distributors, government and research organizations, industrial and association bodies, raw material suppliers, distributors, and others.
Asia Pacific antimicrobial packaging market is estimated to account for major share in terms of revenue in the global antimicrobial packaging market. Asia Pacific antimicrobial packaging market is also estimated to witness fastest growth in terms of revenue in next five years, owing to increasing consumption of ready-to-eat food products, fast food, and availability of packaged foods at economic prices in the countries in region.
Global Antimicrobial Packaging Market Segmentation:
Segmentation by base material:
- Paper & paperboard
- Others (aluminum foil, non-woven fabrics, and glass)
Segmentation by antimicrobial agents:
- Organic acid
- Essential oil
- Metal ions & oxidizers
- Others (gas, fungicides, natural extract, and antibiotics)
Segmentation by end-use industry:
- Food & beverages
- Personal care
- Others (consumer goods and agricultural products)
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- BASF SE
- The DOW Chemical Company
- Biocote Limited
- Mondi PLC
- Linpac Senior Holdings Limited
- Polyone Corporation
- Oplon Pure Science Ltd.
- Dunmore Corporation
- Takex Labo Co. Ltd.
- Microban International
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