Antimicrobial Packaging Market: Development Trends, Key Manufacturers
Posted by Kishor on January 7th, 2020
Global Antimicrobial Packaging Market: Overview
Globally, growing sensitivity towards food wastage at different levels has increased demand for antimicrobial packaging, as food companies provides food products in different sizes. Antimicrobial packaging also helps in extending shelf life of food products. Moreover, the U.S. FDA has observed growth of antimicrobial agents used in food products. Such organizations recommend higher use of antimicrobial packaging especially in the food and beverages industry.
The global antimicrobial packaging market is characterized on the basis of technology, material, package type, application, and antimicrobial agents. Based on material type, the market is segmented into paperboards, biopolymers, plastics, tin, and other. Among these, plastics are the most liked material and has gained huge popularity. They are flexible, tear-resistance, and effortlessly pliant are the key properties of plastics due to which they are widely used in the global antimicrobial packaging market.
The report elucidated on the key parameters driving growth in the global antimicrobial packaging market. Information presented includes trend and opportunities that is driving the growth in the market. It also includes restraints and challenges that might limit the growth of the antimicrobial packaging. With these insights, key stakeholders in the global antimicrobial packaging market can take well-informed decisions.
Global Antimicrobial Packaging Market: Trends and Opportunities
Rising demand for packaged food is the major factor driving demand in the global antimicrobial packaging market. Antimicrobial packaging helps prevents the growth of microorganisms and ensures the safety of the food products. Products with antimicrobial packaging are preservative free and require minimal processing.
Request PDF Sample for New Trends and Future Scope for this Industry @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=18434
Storage temperature also plays a vital role, as it determines the growth of potential microbes. Therefore, there is a demand for properly designed antimicrobial packaging system that helps in reducing food borne diseases. Moreover, healthcare furnishing manufacturers are introducing innovative products that have effective microbial resistant properties thus, preserving aesthetic value of hospitals. Antimicrobial additives are also used to prevent microbial growth and increase the hygienic factor among patients.
Global Antimicrobial Packaging Market: Geographic Analysis
With respect to geography, the demand for antimicrobial packaging is seen in the Asia Pacific region. In the 2015, Asia Pacific antimicrobial packaging market held 33.3% share in the overall market. High demand for packaged food in developing regions especially among young adults has boosted growth in the global antimicrobial packaging market. In addition, growing prevalence of diseases has also resulted in the regional growth.
India and China are prospective markets in Asia Pacific due to the large number of young population having high demand for packaged food. In fact, players in the global antimicrobial packaging market are investing heavily in these countries have huge growth potential.
Global Antimicrobial Packaging Market: Competitive Landscape
Some of the prominent players operating in the global antimicrobial packaging market are The Dow Chemical Company, LINPAC Senior Holdings Limited, PolyOne Corporation, Mondi plc, BASF SE, Barr Brands International, and BioCote Limited. The presence of large number of players in the market is expected to increase the competition in the global antimicrobial packaging market. Leading players are investing heavily in the developing regions due to the increasing demand for convenience food. In addition, rising health concerns and the urge to know about the details of the food products is also expected to create new growth opportunities for the players.
Like it? Share it!
About the AuthorKishor
Joined: February 12th, 2019
Articles Posted: 1,616
More by this author