Increase demand for ready to eat product in the food and
beverages industry has led to increase the demand for the antimicrobial
ingredients. The market players are majorly focusing on delivering high
quality, shelf life of the antimicrobial agent to protect the product from
early spoilage. These factor led to demand for the antimicrobial ingredients
and is expected to impact the growth of the global market positively. According
to Trends Market Research, the global antimicrobial ingredients for food
packaging industry is expected to mark healthy growth over the forecast period,
2021-2028.
Market Dynamics
The growth of the antimicrobial ingredients for food
packaging is expected to be bound to the several macro-economic and micro
economic factors. Growing need of antimicrobial ingredients in the field of
food and beverages industry had led to the upsurge in demand of antimicrobial
ingredients in the food packaging industry, as well as in cosmetic industry.
On the other hand, limited support of the government in
various developed countries is expected to inhibit growth of the antimicrobial
ingredients for food packaging market. Increasing number of working women,
migration of people from rural to urban are the key factor which lead to
upsurge of the demand of the antimicrobial ingredients. Antimicrobial agents
has more opportunity in food and Beverages industry and also in cosmetic
industry for boosting the life of the product. The antimicrobial ingredients
company are investing towards to make the product versatile, which can help to
preserve the shelf life of the product. Comprising to these factor, the
antimicrobial agent predicted to contribute towards the growth during the
forecast period.
Segmentation analysis
The antimicrobial ingredient for food packaging is expected
to be segmented in the terms of region, product type and channel of
distribution type. Among other player, North America and Europe are the
dominating at the global market of the antimicrobial ingredients supplier to
its consumers. Asia pacific will be projected to be the second largest among
the leading market player during the forecast period. However, surge in the
population will lead to the fuel the demand of more quality product of the
antimicrobial ingredients. One of the key factor for increasing demand for the
antimicrobial agent is continuous increasing demand for the packed food.
Further, the continuous increase in population is predicted to contribute
toward the demand and growth of the quality productivity of the antimicrobial
agent. Over the year, R&D segment is expected to meet the demand of the
consumers for the antimicrobial agent for food packaging, bound to these factor
the market will rev up during the forecast period.
Market Players
The key market players in Antimicrobial
ingredients for food packaging markets includes Mondi Group (Austria), BioCote
(U.K.), LINPAC Packaging (England), OPLON (Israel), Amcor Ltd. (Australia) and
Sealed Air (U.S.). A lot of food technology industry are venturing with food
packaging players to launch antimicrobial films in the market. The key focus of
the market player to achieve safety, high quality, long shelf life of the
reducing the growth of the microorganisms in the food product or packaging
material. The global antimicrobial ingredients for food packaging market is
projected to witness growth during the forecast period.
