Global Antimicrobial Food Packaging Additives Market: Trends Analysis and Forecasts up to 2022

Published - Jan 2017 | Category - Food & Beverages | No. of Pages - 100+ | Published By - Infinium Global Research

Report Highlights

The global market size of antimicrobial food packaging additives was over USD 250 million in 2015 and it is expected to grow at between CAGR of 6.5% and 7.0% over the period of 2016 to 2022. Antimicrobial food packaging additives are antimicrobial agents used in the packaging of food items and materials. Antimicrobial packaging is one of the rapidly growing forms of active and controlled release packaging in the world market. Antimicrobial additives are enzymes, organic acids and fungicides, which are impregnated into the packaging films to kill the pathogens that affect the food packaged. Globally, the rise in packaged food industry has escalated the commercial applications of antimicrobial additives in food packaging industry.
The global antimicrobial food packaging additives market is expected to be driven by factors such as technological advancements in packaging industries and rapid growth in packaged food and beverages industry. Furthermore, increasing demand for packaging technologies that increase shelf life of the food products is expected to accelerate the growth in the market over the forecast period. One of the key restraining factors that is likely to have impact on the growth of the market is fluctuating prices of raw materials. Moreover, lack of awareness about antimicrobial additives is likely to create more challenges over the forecast period, as health conscious consumers are likely to misinterpret antimicrobial additives as food additives that are harmful to human health. Going forward, the growing packaging industry in emerging markets of Asia-Pacific and Latin America are expected to pose more opportunities for the players in the antimicrobial food packaging additives over the forecast period.

Segments Covered
The report on antimicrobial food packaging additives market segment the global market on the basis of types of additives, packaging types and end-use applications. On the basis of types of additives the market is segmented as organic acids, enzymes, fungicides, essential oils and others. The packaging types included in the report are low density polyethylene, polypropylene, paperboard, polyethylene terephthalate, cellophane, polyethylene, and others. The report further covers end user segments such as, baby food, fresh food and beverages, snacks and others.

Geographic coverage
The report on global antimicrobial food packaging additives market covers the analysis of key geographies such as North America, Europe, Asia-Pacific, and Rest of the world. Among the geographies North America accounted for the largest market size in 2015, while Asia-Pacific is expected to grow at the highest CAGR over the forecast period. North America was closely followed by Asia-Pacific due to strong presence of packaged food industry in China, India and Japan among others.

Report Highlights:
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand of antimicrobial food packaging additives in the world market as well as in the regions. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on 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 value chain analysis of antimicrobial food packaging additives market. Moreover, the study highlights current market trends and provides forecast from 2016 to 2022. We also have highlighted future trends in the antimicrobial food packaging additives market that will impact the demand during the forecast period.
 

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