Antimicrobial Packaging to

29 Apr

Sample

Antimicrobial Packaging to Grow with a CAGR of 5.50% over the Forecast Years

  • By admin

  • January, 1970

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. Increasing concerns regarding food wastage are majorly driving the antimicrobial packaging market. Antimicrobial packaging is one of the innovations which suppress 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 life 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.

 

The COVID-19 pandemic has affected nearly every country in the world. The packaging industry has also been negatively affected by the spread of coronavirus. The supply and demand for functional packaging’s such as waterproof, dustproof, and antimicrobial packaging have been muddled during the pandemic. The vendors that supply raw materials such as plastics, resins, and antimicrobial agents are forced to reduce or shut down their production due to government regulations. Moreover, countries including India, China, Taiwan, and Japan are the major producers and suppliers of these raw materials as well as antimicrobial packaging. These countries have gone into a strict lockdown phase during the pandemic. Thus, the production and supply of the raw materials, as well as the finished goods, have declined sharply during the pandemic. Infinium Global Research’s recent report on the “Antimicrobial packaging Market (By Material (Plastics, Biopolymer, Paperboard and Others), By Packaging Type (Pouches, Bags, Carton, and Packages), By Antimicrobial Agents (Organic acid, Bacteriocins, Enzymes, Essential oil, Metal ions & oxidizers, and Others), By End User (Healthcare, Food & Beverages and Personal Care, and Others)): Global Industry Analysis, Trends, Size, Share and Forecasts up to 2026” the reported study estimated the market for antimicrobial packaging will reach up to 12,800 million in 2026, with a Compound Annual Growth Rate of 5.50%, over the forecast period (2020-2026).

 

Download Exclusive Sample Copy of Report:

https://www.infiniumglobalresearch.com/reports/sample-request/1748

 

Plastics Segment to Dominate the Antimicrobial Packaging Market

Plastics are generally used as food packaging, and their demand is continuously rising because of the inherent plastic film properties such as ease of processing, transparency, and flexibility. PVC (Polyvinyl chloride) is the most broadly used plastic product in the world. It is a widespread food packaging material and can be easily utilized to produce materials with antimicrobial properties. PVC films have numerous advantages, including flexibility, toughness, softness, chemical inertness, medium strength, high permeability in inherent performance, ease of heat sealing, and excellent self-cling properties in processing. They are usually mixtures of additives like PVC resin, plasticizers, and other additives, and they exist in oriented and unprinted films.

 

Need Assistance? Send an Enquiry@

 

https://www.infiniumglobalresearch.com/reports/enquiry/1748

 

Asia Pacific Region is the Dominant Region in Antimicrobial Packaging Market

Among the regions, the Asia Pacific region dominated the Antimicrobial Packaging Market in 2019, generating the highest revenue of USD 3,243.4 million in 2019. There is a large potential for growth of the food sector in developing countries. Today, many of the world’s leading food companies including H.J. Heinz, Nestlé, Hershey, Unilever, and Kraft are investing heavily in nanotechnology research and development. With an efficient food distribution system in Japan and an emphasis on food safety and quality of packaging, Japan continues to be an attractive market for exporters of food products and food packaging materials.

 

Companies Operating in Antimicrobial Packaging are Focusing on Strategic Partnerships

Antimicrobials packaging technologies is to significantly reduce the risk of the presence or growth of Listeria in food products. As companies searching for viable options that improve their ability to prevent, control and eliminate undesirable microorganisms through HACCP, GMP, and other food safety programs. Hence, the antimicrobials packaging industry has been vocal in expressing its desire that new intervention strategies receive an expedited regulatory review. The major market players are keen on technological advancements and are making hefty investments in research and development to discover advanced food-grade antimicrobial packaging materials. Furthermore, rising health consciousness among consumers is a key factor encouraging companies to experiment with packaging materials and raise the standards of safety. Moreover, major market players are adopting a merger acquisition strategy to remain competitive in the market. For instance, In October 2020, FERRO-PLAST and SANITIZED AG   partnered for the Sanitized® antimicrobial polymer additives in Italy. This partnership will help the Polymer industry gets an overall package, offering. Apart from these key players operating in the microbial packaging market are DUNMORE, Mondi Group, BASF SE, Microban International Ltd, and Avient Corporation. Companies and demonstrate their strong commitment to investing in antimicrobial packaging related research & science.