Global Active & Smart Packaging Market for Food and Beverage Industry to be US$ 23,474 M By 2015.


Posted September 2, 2014 by williamfeders

The global market for advanced packaging technology for food and beverage is expected to grow to $23.474 million in 2015, at an estimated CAGR of 8.2% from 2010 to 2015.

 
The ‘Global Active, Smart and Intelligent Packaging Market By Products , Applications ,Trends and Forecasts (2010-2015)’ analyzes the active and smart packaging market by technology and applications and studies the major market drivers, restraints, and opportunities for the Active and smart packaging technology market in North America, Europe, Asia and RoW.
The increasing demand for fresh and quality packaged food, consumer convenience and manufacturers’ concern for longer shelf life of the food products are 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 a 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 a CAGR of 12.1%.

Amongst all market segments, modified atmosphere packaging commands the largest share in terms of value, while smart and intelligent packaging leads in terms of growth. Freshness indicators and time temperature indicators are the major product segment in smart and intelligent packaging market, which is commanding the largest share due to increased application in packaged food, ready-to-eat meals and frozen food category. In terms of value, the active packaging technology contributes approximately 35% of the global active and smart packaging technology.
Scope of the report
This research report categorizes the global market for packaging technology for food and beverage 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, smart and intelligent packaging technology.

On the basis of applications: Seafood, meat and poultry, soup, dairy products, confectionaries, fruits and vegetables and ready to eat meals.

On the basis of geography: North America, Europe, Asia, RoW.

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Issued By william Feders
Website http://www.marketsandmarkets.com/Market-Reports/smart-packaging-324.html
Phone 1-888-6006-441
Business Address 7557 Rambler Road, Suite 727, Dallas, TX 75231
Country United States
Categories Food
Tags applications , forecasts , intelligent packaging market , packaging technology market , products , smart packaging market , trends
Last Updated September 2, 2014