At FMI market research main sources which are considered while preparing a Antimicrobial Packaging Ingredients for Food Packaging Market research report are CEO, vice president, marketing director, technology-innovation director and key executives of companies followed by their contractors-service providers. We interview all major sources to collect and certify qualitative and quantitative information and to determine prospects.
Besides, this Antimicrobial Packaging Ingredients for Food Packaging Market report also includes historic data, present and future market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. The scope of Antimicrobial Packaging Ingredients for Food Packaging Market report involves industry research, customer insights, market sizing and forecast, competitive analysis, market entry strategy, pricing trends, sustainability trends, innovation trends, technology evolution, and distribution channel assessment.
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Consumption of convenient, yet healthy meals is soaring, primarily owing to evolving lifestyle pattern as well as a rise in women workforce. With the world’s population living in urban areas anticipated to increase by 60% in 2030, food wastage is one of the biggest challenges. Studies suggest that 47% of all vegetables & fruit and 12% of animal and meat products are wasted every year, globally. Moreover, the Centers for Disease Control and Prevention (CDC) reveal that about 48 million people in the US develop illness due to consumption of contaminated food items.
Antimicrobial packaging ingredients for food packaging ensure quality and safety of food products alongside prolonged shelf life by inhibiting the growth of microorganisms. The global market for antimicrobial packaging ingredients for food packaging is anticipated to record a robust CAGR during 2020-2030.
Antimicrobial Packaging Ingredients for Food Packaging Market – Key Developments
While the market has been commonplace in the food sector, manufacturers are uncovering new revenue streams in the beverage industry, especially in dairy-based beverages and drinks – non-alcoholic, and alcoholic. As the industry switches from traditional plastic packaging to the latest active packaging & coatings, the food industry will work closely with scientific safety analysis to comprehend the potential hazards.
YPACK has created organic plastic substitute to conventional plastic food packaging technique. The compostable packaging solution is prepared from eco-friendly biopolymer – poly (3-hydroxybutyrate-co-3-hydroxy valerate) (PHBV) – that is derived from micro-cellulose of almond shells and industrial by-products (cheese whey). Biodegradability tests record complete degradation within 3 months.
Moreover, several novel concepts in food packaging are introduced during previous years such as smart antimicrobial coatings. The purpose of smart antimicrobial coatings is to mitigate the growth of microbes, while sensors monitor chemical and physical conditions that reflect or influence the food product quality. These add-ons have positive health, socio-economic, and environmental effects, which will be further augmented by carrying out the smart functions with the help of robust technologies and renewable natural materials.
Antimicrobial Packaging Ingredients for Food Packaging Market – Growth Restraints
Materials used for manufacturing antimicrobial packaging ingredients for food packaging are petroleum-based and, thus, are subject to price volatilities. Given stringent environmental norms, market players are turning to recycling the products after consumption. The process is complex and cost-intensive, thus, hit the profit margins of manufacturers, especially in small- and medium-scale enterprises (SME). To address the situation, market players are testing new avenues to promote their sustainability agenda, for instance, using truly biodegradable alternatives such as biopolymers.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies
Antimicrobial Packaging Ingredients For Food Packaging Market
The global market can be segmented based on the following:
By Agent Type
· Chemical antimicrobial agents:
· benzoic acid
· potassium sorbate
· Natural antimicrobial agents:
By Food Type
· Baby food
· Fresh food
By Packaging Film Type
· Low density polyethylene (LDPE)
· Polypropylene (PP)
· Polyethylene terephthalate (PET)
· Polyethylene (PE).