Increasing demand for packaging in confectionery and bakery sectors can drive market growth. Antimicrobial packaging can prevent microbial growth by releasing active agents into foods and thereby increase its shelf life. These agents play a major role in maintaining food quality and minimizing the need for preservatives.
The Global Antimicrobial Packaging Market is projected to reach a valuation of USD 11.92 billion by 2024, according to a report by Grand View Research, Inc.
Antimicrobial packaging releases active agents into food products which help to inhibit the growth of microorganisms and increase the shelf life. These releasing compounds maintain the food quality and reduce the need for preservatives and additives.
Antimicrobial active packaging is widely used in healthcare applications. These elements are specifically used to protect the plastic products, tablets and medical equipment against bacteria & fungal growth. Antimicrobial preservatives such as ethanol, phenol, cresol, parabens and bronopol can be added to pharmaceutical products to protect against microbial contamination.
However, antimicrobial agents derived from synthetic pathogenic sources are not found to satisfy consumers as they demand products extracted from natural sources. Such a factor is expected to hinder the overall market growth over the next eight years.
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Top Players of Antimicrobial Packaging Market:
Key companies operating in the global market include Mondi Plc, BASF SE, Dow Chemicals, Dunmore Corporation, PolyOne Corporation, Linpac Senior Holdings, Bicote Corporation and Microban International. Agion Colorcon, a pharmaceutical company, is using a new antimicrobial product Agion Technologies, in their product line named No-Tox AM.
Market Segmentation of Antimicrobial Packaging Market:
The Global Antimicrobial Packaging Market segmented on the basis of Base Material, Antimicrobial Agents, Technology, Pack Type, Application and Region.
By Base Material:
Plastics
Biopolymers
Paperboard
By Antimicrobial Agents:
Organic Acid
Bacteriocins
By Technology:
Active
Controlled release
By Types:
Carton Packages
Pouches
By Application:
Food & Beverage
Healthcare
Personal Care
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