Antimicrobial Packaging Market growing at a CAGR of 7.6% from 2024 to 2030

The global antimicrobial packaging market size was valued at USD 11.11 billion in 2023 and is projected to grow at a CAGR of 7.6% from 2024 to 2030. The key growth driving factors for this market are the growing prevalence of food-borne diseases, efforts by key companies to maximize the shelf life of the products, growing urbanization and changing lifestyles. Additionally, innovations in packaging systems for enhanced benefits are also contributing to the rising demand for this industry.

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The rising change in consumer preferences and growing inclination towards choosing minimally processed, chemical-free and fresh food products has developed an upsurge in demand for antimicrobial packaging in recent years. Due to changed lifestyles in urban areas of developed economies, consumers have preferred ready-to-make products associated with their daily share of meals including minced meat, frozen chicken, whole fish fillets, pork plains and more. This has significantly driven the demand for the antimicrobial packaging market.

Increasing demand for baked & confectionery products among consumers in developing regions is expected to aid the market growth for antimicrobial packaging in the next eight years. Moreover, these packaging elements prevent the penetration of undesirable substances such as water vapor and pressurized liquids, which in turn helps to enhance the food quality. The oxygen requirement is very much needed when the packaging is done for food. Mainly, oxygen helps in the prevention of spoilage and pathogenic organisms.

Moreover, the storage temperature also plays an important role in the antimicrobial packaging market. The storage temperature determines the growth of potential microbes. As a result, a properly designed antimicrobial packaging system helps in the elimination of food borne diseases along with medical illnesses under moderate storage temperature and distribution systems.

Product Insights

The plastic-based antimicrobial packaging segment dominated the market and accounted for a share of 59.7% in 2023. This high percentage can be attributed to factors such as low cost, mechanical efficiencies and barrier properties. Additionally, the awareness regarding the use of bioplastics such as poly (butylene succinate), cellulose derivative, and starch is rising due to the compatibility of these materials with antimicrobial components. Some of the commonly used types of antimicrobial plastics are Polypropylene (PP), Polyethylene (PE/HDPE/ LDPE), and Polyvinyl chloride (PVC).

The biopolymers-based antimicrobial packaging segment is expected to experience the fastest CAGR during the forecast period. It serves as a solution for rising environmental issues due to its planet-friendly nature. Additionally, it efficiently protects food products from moisture. Plastic antimicrobial packaging is lightweight and makes food transportation easy. Another factor includes the transparency provided by plastic enables consumers to examine food products before purchase. These factors are expected to generate greater growth for this market in the approaching years.

Antimicrobial Packaging Market Report Scope

Report Attribute

Details

Market size value in 2024

USD 11.78 billion

Revenue forecast in 2030

USD 18.25 billion

Growth rate

CAGR of 7.6 % from 2024 to 2030

Base year for estimation

2023

Historical data

2018 – 2022

Forecast period

2024 – 2030

Quantitative units

Revenue in USD billion, volume in kilo tons and CAGR from 2024 to 2030

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Product, antimicrobial agents, technology, pack, applications, region

Regional scope

North America; Europe; Asia Pacific; Latin America; MEA

Country scope

U.S.; Canada; Mexico; Germany; UK; France; Italy; Spain; China; Japan; India; Australia; South Korea; Thailand; Indonesia; Malaysia; Brazil; Argentina; Saudi Arabia; South Africa

Key companies profiled

BASF SE; Mondi; Dow; Avient Corporation; DUNMORE; BioCote Limited; Linpac Senior Holdings Ltd. (Klöckner Pentaplast); Oplon Pure Sciences Ltd.; Microban International; Takex Labo Co. Ltd.

Customization scope

Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

 

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