Antimicrobial Packaging Market by Base Material (Plastics, Biopolymer, Paperboard, Others), Antimicrobial Agents (Organic acid, Bacteriocins, Others), Technology (Controlled release, Active), Pack Type (Bags, Pouches, Others)- Global Opportunity Analysis and Industry Forecast, 2020 – 2030

Antimicrobial Packaging Market  held USD 9.380 billion in 2020 and is to grow with a CAGR of 5.2% from 2020-2030. The food products' antimicrobial packaging releases certain antimicrobial active agents into the food products that helps inhibit the growth of microorganisms and enhance the product's lifespan. The active agents released, helps the packaged product to retain its quality. It also helps to reduce the use of chemicals in the packaged goods. The antimicrobial packaging has uses in the fields of health care, personal care, food and beverage, agriculture, and dairy. Antimicrobial active packaging technologies are commonly used in the healthcare industry.

Market Dynamics and Factors:

Factors such as growing health consciousness, increasing food waste, high product consumption rate of short shelf-life products, and rising infection or disease across the globe is driving the global consumer demand for antimicrobial packaging items, thus fuelling the growth of global antimicrobial packaging market. In developing and developed regions, the growth of a range of industries such as agriculture, healthcare, consumer goods, food and beverages, personal care, dairy products, and transportation fuels the growth of the global antimicrobial packaging market. In the food industry, antimicrobial packaging is a must because of the increasing rising demand for packaged goods that are new, free of preservatives and least refined. Packaging is important to increase the product life which in turn boosts the demand in antimicrobial packaging market. Demand for a natural source for the manufacture of antimicrobials rather than the synthetic microbial source restrains the development of the demand for antimicrobial packaging and hampering the global antimicrobial packaging market growth.

Market Segmentation:

Depending upon the base material, the global antimicrobial packaging market is segmented into plastics, biopolymer, paperboard, others. On the basis of antimicrobial agents the market is segmented into organic acid, bacteriocins and others. On the basis of pack type, the market is segmented into bags, pouches and others. Geographic bifurcation includes regions comprising North America, Europe, Asia-Pacific, and RoW. The food and beverage industry dominates the global antimicrobial packaging market alongside plastics in the base material industry.

Geographic Analysis:

The antimicrobial packaging products are commonly used in various regions across the globe. Due to the rising population, increasing demand for packaged goods, the Asia Pacific region rules the global  global antimicrobial packaging market  and it is considered a manufacturing hub that helps companies produce low-cost goods. The Asia-Pacific market is experiencing growth because of the region's rising healthcare, food, and beverage industries. Europe is the region expected to fuel the  global antimicrobial packaging market  because of the growing demands in those regions for packaged and fresh goods. As for now, the  global antimicrobial packaging market development, North America and the rest of the world follows Europe.

Competitive Scenario:

The major players of global antimicrobial packaging market  are Dunmore Corporation, BASF SE, Biocote Limited,PolyOne Corporation, The Dow Chemical Company, and Mondi Plc. The other players are include Microban International, Takex Labo Co. Ltd., Oplon Pure Sciences Ltd. and .   Linpac Senior Holdings. The market is expected to witness the entry of new players, especially in the segment of intelligent packaging technology.

Antimicrobial Packaging Market Report Scope