A recent report published by
Infinium Global Research on the antimicrobial packaging market provides in-depth
analysis of segments and sub-segments in the global as well as regional
antimicrobial packaging market. The study also highlights the impact of
drivers, restraints, and macro indicators on the global and regional
antimicrobial packaging market over the short term as well as long term. The
report is a comprehensive presentation of trends, forecasts, and dollar values of the global antimicrobial packaging market. According to the report, the global
antimicrobial packaging market is projected to grow at a CAGR of 5.50% over the
forecast period of 2020-2026.
Antimicrobial packaging is majorly
used to control microbial growth in packaged food and other products. Many consumers
demand food products with fewer preservatives. Antimicrobial packaging is the
deliberate incorporation of antimicrobial substances in packaging for release
from the package into the environment surrounding the packaged food. The
antimicrobial packaging system suppresses the activities of microorganisms that
contaminate foods. The antimicrobial activity is basically achieved by adding
antimicrobial agents in the packaging material to prevent the growth of
microbes by extending the lag period and decreasing live counts of
microorganisms by reducing growth rate. The antimicrobial packaging system is
specifically designed to control the microorganisms that adversely affect the
shelf life, quality, and assurance of the safety of the food product. Apart from
food and beverage, antimicrobial packaging has found its application in other
industry verticals including healthcare, personal care, and homecare.
The growing concerns regarding
food wastage are majorly driving the market. A large proportion of food gets
spoiled during the food supply chain, especially before making it to the plate
of final consumers. Antimicrobial packaging is specifically designed to control
the microorganisms that adversely affect the shelf life, quality, and assurance
of the safety of the food product. Moreover, the rise in consumer awareness
about foodborne diseases is augmenting the market growth. Foodborne diseases
are one of the main causes of morbidity and mortality across the world. As the
governments and the people across the world are becoming aware of foodborne
diseases, the adoption of antimicrobial packaging is expected to increase.
However, the negative impact of antimicrobial materials on the environment is
majorly hampering the market growth. A large amount of the wastes and emissions
from antimicrobial packaging harms the environment and the people within it. On
the other hand, the demand for antimicrobial packaging from the healthcare
sector is growing over the forecast period. Several players in the
antimicrobial packaging market are offering products for the healthcare
industry. Development and marketing of such products are anticipated to offer
favorable opportunities for the market players and drive the market further in
the future.
Among the geographies, the Asia Pacific
region is the dominant region in the antimicrobial packaging market. Healthy
packaged food continues to gain popularity in China The government and many
major manufacturers of packaged food are investing in consumer education
campaigns to highlight the importance of healthy eating habits. Europe
accounted for the largest market of food coating ingredients for bakery and
confectionery products. In North America, people are more centric towards
adopting safety packaging to avoid food contaminated with bacteria, viruses,
parasites, or toxins. This provides a growing demand for the microbial
packaging market in North America.
The report on the global antimicrobial
packaging market covers segments such as material, packaging type,
antimicrobial agent, and end user. On the basis of material, the sub-markets
include plastics, biopolymer, paperboard, and others. On the basis of packaging
type, the sub-markets include pouches, bags, carton, and others. On the basis
of antimicrobial agent, the sub-markets include organic acid, bacteriocins,
enzymes, essential oil, metal ions & oxidizers, and others. On the basis of
end user, the sub-markets include healthcare, food & beverages, personal
care, and others.
The report provides profiles of
the companies in the market such as Competitive Scenario, The Dow Chemical
Company, Polyone Corporation, Dunmore Corporation, Microban International,
Takex Labo Co. Ltd., Basf Se, Mondi Plc, Biocote Limited, and Linpac Senior
Holdings.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of the antimicrobial packaging market. Moreover, the study highlights
current market trends and provides forecasts from 2020-2026. We also have
highlighted future trends in the market that will affect the demand during the
forecast period. Moreover, the competitive analysis given in each regional
market brings an insight into the market share of the leading players.
Please Choose One of them.