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Antimicrobial Packaging Market to Register a Promising CAGR of 5.1% Due to Rising Awareness About Diseases, States TMR

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News provided by

Transparency Market Research

08 Feb, 2019, 11:30 GMT

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ALBANY, New York, Feb. 8, 2019 /PRNewswire/ -- Transparency Market Research (TMR) notes that the global antimicrobial packaging market is categorized by the presence of several large and small players operating. The rivalry between the players is likely to increase as they aim at offering safe and hygienic packaging for customer desired products.

Among the multiple strategies adopted by players in the global antimicrobial packaging market to stay ahead of competitors, products innovation has paid off the most. The global antimicrobial packaging market is expected to grow steadily due to the existence of large players who are investing in research and development for producing hygienic packaging materials for conserving food. Some of the leading players in the global antimicrobial packaging market are BASF SE, Dow Chemical Company, Takex Labo Co., and Sciessent LLC.

Get PDF Brochure for Research Insights at: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=18434

The TMR report projects the global antimicrobial packaging market to register a promising CAGR of 5.1% from 2016 to 2024. By the end of 2024, the market will be worth US$15.31 Bn, predicts the report.

Out of various materials for antimicrobial packaging, the demand for plastic from various industries is expected to remain high in the next few years as they are effortlessly pliant and provides adequate levels of security and flexibility. Region-wise, Asia Pacific is expected to lead the global antimicrobial packaging market in the coming years. This is attributed to the flourishing retail division and rapid establishment of various industries in the region.

Request a Sample of Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=18434 

Rising Confectionery and Bakery Industry Stoke Demand in Antimicrobial Packaging Market

Antimicrobial packaging helps in releasing active agents present in the food products. This packaging further helps in inhibiting the growth of the microorganisms and thus, enhances the shelf-life of the product. Antimicrobial packaging maintains the food quality for a longer period of time and also helps in reducing the need for additives and preservatives in the food. Growing bakery and confectionery industry, increasing foodborne and waterborne diseases, and rising awareness of food shortage are the factors driving the global antimicrobial packaging market.

Furthermore, several materials are used in antimicrobial packaging such as tin, paperboards, biopolymers, and plastics. Along with materials, various antimicrobial agents are also used in this packaging such as bacteriocins, essential oils, metal ion and oxidizers, organic acids, and enzymes. Apart from all theses, rapidly expanding food and beverages industry, rising demand for life expectancy of food products from food producers, and increasing demand from healthcare industry for protecting medical equipment and tablets against bacteria are also boosting the global antimicrobial packaging market. Along with these, rising FDA approvals for expanding antimicrobial packaging in order to protect food products and wrapping is also fueling the global antimicrobial packaging market.

Request For Discount On This Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=18434 

Synthetic Antimicrobial Agents Hinder Global Antimicrobial Packaging Market

A few challenges hindering the growth of the global antimicrobial packaging market are high cost of packaging, and growing usage of synthetic pathogenic antimicrobial agents in packaging instead of natural sources. Nonetheless, the persistent demand from food and beverages industry is expected to help overcome these challenges in the near future.

The information presented in this review is based on a TMR report, titled "Antimicrobial Packaging Market (Materials - Plastic (PE, PET, PVC, LDPE, HDPE), Biopolymer, Paperboard, Glass, and Tin; Technologies - Controlled Release Packaging and Active Packaging; Antimicrobial Agents - Organic Acid, Bacteriocins, Essential Oils, Enzymes, and Metal Ions and Oxidizers; Packages - Pouches, Bottles & Cans, Carton Packages, Trays, Bags, and Cups and Lids; Applications - Food and Beverage, Personal Care, and Healthcare) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024".

Browse Research Release at https://www.transparencymarketresearch.com/pressrelease/antimicrobial-packaging-market.htm

Global Antimicrobial Packaging has been segmented based on:

Global Antimicrobial Packaging Market, by Material

  • Plastic
  • Polyethylene (PE)
  • Polyethylene Terephthalate (PET)
  • Polyvinyl Chloride (PVC)
  • Low-Density Polyethylene (LDPE)
  • High-Density Polyethylene (HDPE)
  • Biopolymer
  • Paperboard
  • Glass
  • Tin
  • Others

Global Antimicrobial Packaging Market, by Technology

  • Controlled Release Packaging
  • Active Packaging

Global Antimicrobial Packaging Market, by Antimicrobial Agents

  • Organic Acid
  • Bacteriocins
  • Essential Oils
  • Enzymes
  • Metal Ion & Oxidizers
  • Others

Global Antimicrobial Packaging Market, by Package Type

  • Pouches
  • Bottles & Cans
  • Carton Packages
  • Trays
  • Bags
  • Cups & Lids
  • Others

Global Antimicrobial Packaging Market, by Application

  • Food & Beverage
  • Personal Care
  • Healthcare
  • Others

Browse More Packaging Market Research Reports

Popular Research Reports by TMR:

  • Antimicrobial seafood Packaging Market - https://www.transparencymarketresearch.com/antimicrobial-seafood-packaging-market.html
  • Protective Packaging Market - https://www.transparencymarketresearch.com/protective-packaging-market.html 
  • Recyclable Packaging Market - https://www.transparencymarketresearch.com/recyclable-packaging-market.html 

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

Contact
Mr. Rohit Bhisey
Transparency Market Research
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90 State Street,
Suite 700,
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United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
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Research Blog: https://factmrblog.com/

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