Jan 29 2011
Research and Markets has announced the addition of the "Global Active & Smart Packaging Market Trends, Forecast & Applications in Food and Beverage Industry" report to their offering.
Active and smart packaging technology for food and beverage market to grow rapidly.
The increasing demand for fresh and quality packaged food, consumer convenience and manufacturers concern for longer shelf life of the food products is driving the market for Global active and smart packaging technology for food and beverage market. The global market for active and smart packaging technology for food and beverage is expected to grow from $15.798 million in 2010 to $23,474 million in 2015, at an estimated CAGR of 8.2% from 2010 to 2015. Modified atmosphere packaging commands the largest share of the overall active and smart packaging technology in terms of value, while smart and intelligent packaging technology is witnessing the fastest growth at an estimated CAGR of 12.1%.
Active and smart packaging technology offers tremendous potential to fulfill the growing demand of food safety in various applications which include dairy products, meat and poultry, ready to eat meal segment. In active packaging, oxygen scavengers and moisture absorbers form the two largest product segments. Both are estimated to grow at a CAGR of 8% and 11.9% respectively.
North America is the major market for active and smart packaging technology because of increasing health awareness among the consumers. Therefore, it holds the largest share (35.1%) of the global active and smart packaging market. Europe forms the second largest market for active and smart packaging technology due to increased demand for sustainable packaging and stringent regulations.
Currently, the market players are focusing on development of new products. Due to this reason, new product development accounted for the highest share of the total competitive developments in the global advanced packaging technology market for food and beverage from June 2008 to September 2010. Maximum developments are seen in oxygen scavenger product segment.
Scope of the report:
This research report categorizes the global market for packaging technology for food and beverages on the basis of applications, technology, and geography; forecasting revenues and analyzing trends in each of the following submarkets:
- On the basis of technology: Active packaging, modified atmosphere and intelligent packaging technology.
- On the basis of applications: Seafood, meat and poultry, soup, dairy products, confectionaries, fruits and vegetables and ready to eat meal segment.
- On the basis of geography: North America, Europe, Asia, RoW
Comprehensive market analysis for the following sectors:
Pharmaceuticals, Medical Devices, Biotechnology, Semiconductor and Electronics, Energy and Power Supplies, Food and Beverages, Chemicals, Advanced Materials, Industrial Automation, and Telecom and IT. We also analyze retailers and super-retailers, technology providers, and research and development (R&D) companies.
Key questions answered:
- Which are the high-growth segments and how is the market segmented in terms of applications and materials?
- What are market estimates and forecasts; which markets are doing well and which are not?
- Where are the gaps and opportunities; what is driving the market?
- Which are the key playing fields? Which are the winning edge imperatives?
- How is the competitive outlook; who are the main players in each of the segments; what are the key selling products; what are their strategic directives, operational strengths and product pipelines? Who is doing what?
Key Topics Covered:
EXECUTIVE SUMMARY
- MARKET OVERVIEW
- MARKET SCENARIO
- EMERGING TECHNOLOGIES
- INTRODUCTION
- SUMMARY
- MARKET OVERVIEW
- ACTIVE & SMART PACKAGING TECHNOLOGIES
- APPLICATIONS
- COMPETITIVE LANDSCAPE
- GEOGRAPHICAL ANALYSIS
- REGULATIONS
- COMPANY PROFILES
Companies Mentioned:
- Amcor Limited
- Ampacet Corporation
- Ball Corporation
- Bemis Company
- Constar International
- Crown Holdings
- Grace Darex Packaging Technologies
- Graham Packaging
- Landec Corporation
- Mitsubishi Gas Chemical Company
- Multisorb Technology
- Paksense
- Paper Pak Industries
- Rexam Plc.
- Sealed Air Corporation
- Sonoco Product Company
- Sysco Corporation (Fresh Point Services)
- Timestrip Plc
- Vip Packaging