The antimicrobial packaging market share was valued at USD 9.3 billion in 2022 and is expected to rise at a compound annual growth rate (CAGR) of 4.85% from 2023 to 2030, when it is expected to reach USD 13.58 billion.
Antimicrobial packaging is a category of packaging that uses antimicrobial chemicals to prevent the growth of bacteria and preserve the safety and quality of items that are packaged. Due to the growing need for packaged food and drinks, increased awareness of food safety, and the need to extend product shelf life, this industry has experienced significant expansion in recent years.
The rising concerns regarding foodborne illnesses and the transmission of pathogens through packaging have led to a surge in the adoption of antimicrobial packaging solutions. These solutions help prevent the growth of bacteria, fungi, and other harmful microorganisms, thereby reducing the risk of contamination and ensuring the freshness and integrity of the packaged goods.
Furthermore, the COVID-19 pandemic has further accelerated the demand for antimicrobial packaging, as consumers have become more conscious about hygiene and safety. The need for effective packaging solutions to protect against the transmission of viruses and bacteria has become paramount, driving the market growth.
In terms of product types, the antimicrobial packaging market encompasses various options such as films, trays, pouches, cartons, and others. Among these, the films segment holds a significant share due to their wide application in the packaging of food, pharmaceuticals, and personal care products. These films are designed to release antimicrobial agents gradually, ensuring long-lasting protection against microbial contamination.
Geographically, North America dominates the antimicrobial packaging market, owing to the stringent regulations and standards regarding food safety and the presence of key market players in the region. However, the Asia Pacific region is expected to witness substantial growth during the forecast period, driven by the increasing population, rising disposable income, and growing awareness about food safety and hygiene.
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KEY MARKET SEGMENTATION
By Raw Material (precursor used)
· Plastic
· Bio-Polymers
· Paperboards
· Polymers
· Others
By Antimicrobial Agent Type
· Organic Acids
· Plant Extracts
· Bacteriocins Enzymes
Others
By Technology
· Active
· Controlled Release
By Application
· Healthcare
· Food Beverages
· Consumer Goods
· Agriculture Products
· Others
Key Players
Some major key playersin the antimicrobial packaging market are The Dow Chemical Company, Biocote Limited, Polyone Corporation, FoodTouch, Microban International, Olpon Pure Sciences Limited, Mondi Plc, Biomaster, Dunmore Corporation, BASF SE, and other players.
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