Smart Food Packaging Market by Type (Active Packaging, Controlled Packaging, Modified Atmosphere Packaging, Others), by Material (Plastic, Metal, Glass, Paper, Aluminium, and Plastic), by Europe (Germany, France, Italy, Spain, United Kingdom, Netherlands, Rest of Europe), by North America (United States, Canada, Mexico, Rest of North America), by Middle East & Africa (UAE, South Africa, Saudi Arabia, Rest of MEA), by Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), by South America (Brazil, Argentina, Rest of South America) Forecast 2024-2032
The smart food packaging market is anticipated to grow at a CAGR of 5.3% during the forecast period, reaching a market size of USD 42.5 billion by 2027. The market growth is attributed to factors such as increasing demand for fresh food packaging, expanding need to reduce food wastage, and rising adoption of convenience packaging. Smart food packaging means innovative packaging technology that has capabilities to track and inform consumers or retailers the status of food it holds. Some of its uses include prolongation of the shelf life, measuring freshness, providing quality data, and even improving food safety levels. There are two primary types: While the active packaging is in direct contact with the food and interacts with it in its purpose of enhancing some of the qualities of the food, the intelligent packaging gives information about the state of the food. Subsystems can encompass sensors, display units, and other electronics integrated into the car’s framework. The advantages are known to comprise the following, the food will not go to waste, food safety is boosted, and consumers enjoy the convenience of easy access to their food stuff. Current trends that have been evident in the market include the need to adopt biodegradable and eco-friendly polymers, incorporating IoT for real-time tracking and control, and the use of nanotechnology in improving the properties of the material.
Type:
Material:
Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 5.3% from 2018-2032 |
Segmentation |
|
Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 5.3% from 2018-2032 |
Segmentation |
|
Note* : In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
Office no. A 5010, fifth floor, Solitaire Business Hub, Near Phoenix mall, Pune, Maharashtra 411014
Craig Francis
Business Development Head
+44 1223 92 666
sales@advancemarketanalytics.com
get latest updates and offers.