FMI indicates that the sales of antimicrobial packaging ingredients for food packaging have significantly increased, boosting the operations of companies providing these solutions globally. In addition to this, the market expanded substantially between 2018 and 2022, with a remarkable average year-on-year growth rate of 3.1%.
Due to the higher adoption of antimicrobial packaging ingredients for food packaging among consumers and food manufacturers, the overall market value reached US$ 2,694.1 million in 2022. Moreover, the global demand for antimicrobial packaging ingredients for food packaging could reach a market value of US$ 2,810 million in 2023.
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The projected CAGR of 4.3% during the forecast period from 2023 to 2033 offers excellent potential for industries producing antimicrobial packaging ingredients. Continuing this trend, the sales of antimicrobial packaging ingredients for food packaging could reach a sizeable market value of US$ 4,281 million by 2033.
The rising demand for specialist chemicals in the food packaging sector can be blamed for the rise in sales of antimicrobial packaging components. The increased understanding of the significance of food safety and the necessity of extending the shelf life of perishable food products are the main causes.
These ingredients are used to inhibit the growth of hazardous bacteria and germs in packaged goods, which lowers the risk of foodborne diseases and spoilage. So, the demand for antimicrobial packaging components is anticipated to surge in the coming days, especially from the food and beverage industry.
Key Takeaways:
- Over the next ten years, the global market is projected to witness an absolute dollar increment of US$ 1,471 million.
- North America, with a 26% global market share in 2022, demonstrates a persistent need for antimicrobial packaging components in its regional food sector. Among the countries around the world, the United States was figured out to be the leading market for such ingredients in 2022.
- Europe follows North America in the use of antimicrobial packaging ingredients for food packaging. Germany was figured out to be the leading producer and supplier of such ingredients in Europe in the year 2022.
- Since the public’s knowledge of these specialty ingredients has increased, the Asia Pacific region’s global market share has improved to 15% in 2022.
Market Players:
BioCote, Mondi Group, LINPAC Packaging, Amcor Ltd., OPLON, and Sealed Air, amongst others, are some top players in this market. Mentioned leading players providing these ingredients have consolidated the market by creating formulations that meet stringent food safety requirements while assuring optimal performance.
Innovations in antimicrobial treatments that are efficient and safe for interaction with food have been made possible by developments in food packaging technology and materials. It has boosted the trust of food producers, encouraging new players to enter the antimicrobial packaging ingredients market and diversify the market opportunities further.
Recent Developments:
In December 2022, BASF announced the launch of a new line of antimicrobial packaging ingredients intended to satisfy the rising demand for environmentally friendly food packaging. These new chemical ingredients are biodegradable and generated from renewable resources.
In November 2022, DuPont revealed that it had purchased MicroGenics, which created a novel antimicrobial packaging technology. The firm may have access to MicroGenics’ patented antibacterial technology of utilizing naturally occurring bacteria to prevent the formation of dangerous germs.
Consumption of convenient, yet healthy meals is soaring, primarily owing to evolving lifestyle pattern as well as a rise in women workforce. With the world’s population living in urban areas anticipated to increase by 60% in 2030, food wastage is one of the biggest challenges. Studies suggest that 47% of all vegetables & fruit and 12% of animal and meat products are wasted every year, globally. Moreover, the Centers for Disease Control and Prevention (CDC) reveal that about 48 million people in the US develop illness due to consumption of contaminated food items.
Antimicrobial packaging ingredients for food packaging ensure quality and safety of food products alongside prolonged shelf life by inhibiting the growth of microorganisms. The global market for antimicrobial packaging ingredients for food packaging is anticipated to record a robust CAGR during 2020-2030.
Key Developments:
While the market has been commonplace in the food sector, manufacturers are uncovering new revenue streams in the beverage industry, especially in dairy-based beverages and drinks – non-alcoholic, and alcoholic. As the industry switches from traditional plastic packaging to the latest active packaging & coatings, the food industry will work closely with scientific safety analysis to comprehend the potential hazards.
YPACK has created organic plastic substitute to conventional plastic food packaging technique. The compostable packaging solution is prepared from eco-friendly biopolymer – poly (3-hydroxybutyrate-co-3-hydroxy valerate) (PHBV) – that is derived from micro-cellulose of almond shells and industrial by-products (cheese whey). Biodegradability tests record complete degradation within 3 months.
Moreover, several novel concepts in food packaging are introduced during previous years such as smart antimicrobial coatings. The purpose of smart antimicrobial coatings is to mitigate the growth of microbes, while sensors monitor chemical and physical conditions that reflect or influence the food product quality. These add-ons have positive health, socio-economic, and environmental effects, which will be further augmented by carrying out the smart functions with the help of robust technologies and renewable natural materials.
Growth Restraints:
Materials used for manufacturing antimicrobial packaging ingredients for food packaging are petroleum-based and, thus, are subject to price volatilities. Given stringent environmental norms, market players are turning to recycling the products after consumption. The process is complex and cost-intensive, thus, hit the profit margins of manufacturers, especially in small- and medium-scale enterprises (SME). To address the situation, market players are testing new avenues to promote their sustainability agenda, for instance, using truly biodegradable alternatives such as biopolymers.
Report Highlights:
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies
Antimicrobial Packaging Ingredients For Food Packaging Market
The global market can be segmented based on the following:
By Agent Type
- Chemical antimicrobial agents:
- benzoic acid
- potassium sorbate
- Natural antimicrobial agents:
- Nisin
- Lysozymes
- Lactoperoxidase
By Food Type
- Baby food
- Snacks
- Fresh food
By Packaging Film Type
- Low density polyethylene (LDPE)
- Polypropylene (PP)
- Paperboard
- Polyethylene terephthalate (PET)
- Cellophane
- Polyethylene (PE).
COVID-19 Impact Analysis
While sustainability has been a top priority in the antimicrobial packaging ingredients for food packaging market, the trend, however, has taken a back seat amid the COVID-19 pandemic, owing to heightening hygiene and food safety concerns among consumers. As such, manufacturers are redefining sustainability in tandem with hygiene and consumers’ safety concerns. Choice of materials, packaging designs, or particular feature to ensure minimum probability of virus infection is expected to have a measurable impact on players in the antimicrobial packaging ingredients for food packaging market.
Region-wise Analysis:
While Europe and North America remain the frontrunners in the antimicrobial packaging ingredients for food packaging market, Asia Pacific (APAC) is anticipated to emerge as the most lucrative region in the coming years. Fast-paced lifestyle resulting in surging consumption of convenience food is primarily the market growth in both the developed and developing regions. The US and China lead the global consumption of convenience foods. Furthermore, rising cases of diseases due to consumption of contaminated food products are offering potential growth prospects to market players.
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Competitive Analysis:
The global antimicrobial packaging ingredients for the food packaging market is fairly consolidated, yet will witness sturdy competition over the forecast period owing to evolving consumer demands and surfacing of newer companies. The existence of numerous SME’s and big global organizations will further intensity the market competition.
- Mondi has paired up Werner & Mertz to build up flexible, fully recyclable, stand-up pouches for W&M’s Frosch-brand laundry detergents. The project implemented Cradle to Cradle (C2C) principles to examine every product aspect, from design to optimum end-of-life options, to close the packaging loop.
- Sealed Air Corporation has acquired Automated Packaging Systems Inc. to complement its supply chain, protective packaging solutions, cross-selling prospects, as well as engineering, sustainability, and automation capabilities.
- BioCote,
- Mondi Group,
- LINPAC Packaging,
- Amcor Ltd.,
- OPLON
- Sealed Air.
Region
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
- East Asia (China, Japan, South Korea)
- South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
- Oceania (Australia, New Zealand)
- Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
Author:
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.
Ismail is a regular at industry conferences and expos and has been widely covered in electronic and print media. He is a Speaker at our upcoming Talk show – Rise of the Intelligent Packaging. Ismail has been quoted in leading publications, including the European Pharmaceutical Review and the European Adhesive Tape Association.
About Future Market Insights (FMI)
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