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Antimicrobial Packaging Ingredients for Food Packaging Market Value Projected to Expand by 2025

Thursday, August 08, 2019

Press release from the issuing company

Market Overlook:
The food & beverages segment is projected to be the fastest-growing end-user industry in the next five years as a result of the rising consumer demand for products that are perishable, preservative-free, and minimally processed. Growing demand for quality and safe products increases the consumption of antimicrobial packaging. Furthermore, due to the growth of the antimicrobial packaging industry, technologies such as controlled release packaging and active packaging are extensively used. Controlled release packaging technology is relatively new but is projected to capture the market in future.

Competitor Overlook:

Prominent key players in Antimicrobial Packaging Ingredients for Food Packaging Market are BASF SE (Germany), The Dow Chemical Company (U.S.), Mondi Plc (South Africa), PolyOne Corporation (U.S.), Biocote Limited (U.K.), Dunmore Corporation (U.S.), Linpac Senior Holdings (U.K.), Microban International (U.S.), Oplon Pure Sciences Ltd. (Israel), and Takex Labo Co. Ltd.

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The Main Purpose of this type of packaging is to achieve high quality, safety and long shelf life by reducing or inhibiting the growth of microorganisms, which may be present in the packed food or the packaging material itself. The most desired property of antimicrobial packaging material for food is the controlled release of antimicrobial agent. A rapid or slow release would result in spoilage of packaged food.

The total market size of antimicrobial packaging was calculated based on the percentage split of antimicrobial packaging out of the overall active & intelligent packaging as well as on the percentage spilt of different materials and antimicrobial agents used in manufacturing antimicrobial packaging. The allotment and calculation were done on the basis of extensive primary interviews and secondary research. Primary research involved in this report includes extensive interviews with key people such as CEOs, VPs, directors, and executives. Global antimicrobial packaging market is divided into five key regions, namely North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. Vis-à-vis revenue, Asia Pacific held the leading 33.9% of the market in 2018. The Continuous growth of the region is attributed to rapid economic growth in emerging economies of the region over the past few decades.

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Based on antimicrobial agent, the global antimicrobial packaging market is divided into enzymes, metal ion and oxidizers, bacteriocins, essential oils, organic acids, and others. In terms of package type, the antimicrobial packaging is divided into bottles and cans, trays, bags, pouches, carton packages, cups and lids, and others. Application-wise, food and beverages, personal care, healthcare, and others are key end-use industries of antimicrobial packaging market.

 

 

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