Transparency Market Research

Antimicrobial Packaging Market - Growth Attributed to Food-Beverages Packaging Sector Expansion

Antimicrobial Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

 

Albany, NY -- (SBWIRE) -- 03/28/2018 -- The ability of top products from the global antimicrobial packaging market are completely capable of providing stored food and beverage contents with a well-extended shelf life. This forms the leading driver for the market currently. The global antimicrobial packaging market is also expected to be augmented by the increased demand shown by consumers resulting from a greater awareness on health issues that come with improper storage and use of wrong storage materials.

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The overall demand for antimicrobial packaging has also benefitted from a globally increasing consumption rate of processed foods. However, the global antimicrobial packaging market is governed by extremely strict regulations that vary between regions, making it difficult for newer players to keep implementing the varied safety standards.

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From a geographical perspective, the global antimicrobial packaging market can be segmented into the key regions of North America, Asia Pacific, Europe, The Middle East and Africa, and Latin America. Among these, the global antimicrobial packaging market was led by Asia Pacific in 2015, with a share of 33.3% in its value.

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Based on materials, the global antimicrobial packaging market can be segmented into tin, paperboards, biopolymers, plastics, and other minority materials. Among these, plastics have long been popular as antimicrobial packaging materials due to their physical, mechanical, and chemical superiority over other options currently available.