The ‘Global Active & Smart Packaging Market Trends, Forecast & Applications in Food and Beverage Industry’ analyzes the advanced packaging market by technology and applications and studies the major market drivers, restraints, and opportunities for the advanced packaging technology market in North America, Europe, Asia and RoW.
Browse market data tables and in-depth TOC on Advanced packaging technology Market: Global Forecast.
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The increasing demand for fresh and quality packaged food, consumer convenience and manufacturers concern for longer shelf life of the food products is driving the market for global advanced packaging technology for food and beverage market. The global market for advanced packaging technology in food and beverages is expected to grow to $23.474 million in 2015, at an estimated CAGR of 8.2% from 2010 to 2015.
Amongst all market segments, modified atmosphere packaging commands the largest share in terms of value, while intelligent packaging leads in terms of growth. Freshness indicators and time temperature indicators are the major product segment in intelligent packaging, which is commanding the largest share due to increased application in packaged food, ready-to-eat meals and frozen food category. In terms of value, the active packaging technology contributes approximately 35% of the global advanced packaging technology.
Scope of the report
This research report categorizes the global market for packaging technology for food and beverages on the basis of applications, technology, and geography; forecasting revenues and analyzing trends in each of the following submarkets:
On the basis of technology:
• Active packaging, modified atmosphere and intelligent packaging technology.
On the basis of applications:
Seafood, meat and poultry, soup, dairy products, confectionaries, fruits and vegetables and ready to eat meal segment.
On the basis of geography:
North America, Europe, Asia, RoW
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