By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Econo Asia™
  • English
    • العربية (Arabic)
    • বাংলাদেশ (Bengali)
    • 简体中文 (Chinese (Simplified))
    • हिन्दी (Hindi)
    • Indonesia (Indonesian)
    • 日本語 (Japanese)
    • Tiếng Việt (Vietnamese)
Submit News
  • Home
  • Economy
  • FinTech
  • Markets
    • Bombay Stock Exchange (BSE)
    • Hong Kong Stock Exchange (SEHK)
    • Korea Exchange (KRX)
    • National Stock Exchange (NSE)
    • Shanghai Stock Exchange (SSE)
    • Shenzhen Stock Exchange (SZSE)
    • Singapore Exchange (SGX)
    • Taiwan Stock Exchange (TWSE)
    • Tehran Stock Exchange (TSE)
    • Tokyo Stock Exchange (TSE)
  • Asia
    AsiaShow More
    JETOUR تكشف عن هندسة GAIA الذكية للطرق الوعرة، وتعرض G700 و G900 في معرض شنغهاي للسيارات
    April 27, 2025
    “JETOUR “تكشف عن منصة هجينة ثورية للطرق الوعرة في معرض شنغهاي الدولي للسيارات
    April 17, 2025
    Arab Newswire on Skills Essential for Media and Communications Professionals in the Middle East and North Africa (MENA) Today
    March 19, 2025
    Study shows walnut-rich breakfast may help to boost your brain power
    March 12, 2025
    تُظهر الدراسة أن وجبة الإفطار الغنية بالجوز من الممكن أن تساعد في تعزيز قوة دماغك
    March 12, 2025
  • Middle East
    Middle EastShow More
    How Health Insurance Promotes Work-Life Balance
    May 13, 2025
    Arab Newswire on The Role of Press Release Distribution in AI Search Engines
    May 5, 2025
    Arab-Sino Leader Mr. Yao Lei Receives the World’s Most Expensive Mocktail at Jimmydixs – Dubai’s Latest Luxury Milestone
    April 16, 2025
    Arab Newswire on Understanding Press Releases in the Life Sciences Industry
    April 14, 2025
    Arab Newswire on Skills Essential for Media and Communications Professionals in the Middle East and North Africa (MENA) Today
    March 19, 2025
  • Press Releases
    Press ReleasesShow More
    Wine Market Poised for Steady Growth with Dominance of Still Wines and Supermarket Channels as per Maximize Research
    May 11, 2025
    Market for Call Center Outsourcing Advances with Inbound Services and Voice Support Leading the Segment Growth as per Maximize Research.
    May 11, 2025
    WealthTech Solutions Market Poised for Significant Growth, Driven by Changing Consumer Preferences and Digital Advancements as per Maximize Research.
    May 11, 2025
    Saffron Market Fueled by Growing Demand for Natural Ingredients and Expanding Applications Across Industries Maximize Research.
    May 10, 2025
    Coin Collection Market Driven by Historical Significance, Investment Appeal, and Digital Accessibility as per Maximize Research
    May 10, 2025
Reading: Smart Food Packaging Market worth $35.69 billion by 2029, at a CAGR of 6.2%
Share
  • About Us
  • Contact Us
Aa
Econo Asia™Econo Asia™
Search
  • English
    • العربية (Arabic)
    • বাংলাদেশ (Bengali)
    • 简体中文 (Chinese (Simplified))
    • हिन्दी (Hindi)
    • Indonesia (Indonesian)
    • 日本語 (Japanese)
    • Tiếng Việt (Vietnamese)
  • Home
  • News
  • Economy
  • FinTech
  • Markets
    • Bombay Stock Exchange (BSE)
    • Hong Kong Stock Exchange (SEHK)
    • Korea Exchange (KRX)
    • National Stock Exchange (NSE)
    • Shanghai Stock Exchange (SSE)
    • Shenzhen Stock Exchange (SZSE)
    • Singapore Exchange (SGX)
    • Taiwan Stock Exchange (TWSE)
    • Tehran Stock Exchange (TSE)
    • Tokyo Stock Exchange (TSE)
  • Asia
  • Middle East
  • Press Releases
  • About Us
  • Contact Us
  • Submit News
Econo Asia™ is part of GroupWeb Media Network. © GroupWeb Media LLC
Econo Asia™ > Blog > News > Press Releases > Smart Food Packaging Market worth $35.69 billion by 2029, at a CAGR of 6.2%
Press Releases

Smart Food Packaging Market worth $35.69 billion by 2029, at a CAGR of 6.2%

NEWSROOM
Last updated: 2025/01/17 at 8:00 AM
By NEWSROOM 8 Min Read
Share
SHARE


 


marketsandmarkets logo

(EMAILWIRE.COM, January 17, 2025 ) The smart food packaging market is estimated at USD 26.42 billion in 2024 and is projected to reach USD 35.69 billion by 2029, at a CAGR of 6.2% from 2024 to 2029. The study “Active Packaging in the Food Industry”, published in October 2024, explores the growing significance of active packaging in response to changing consumer demands and market trends. Unlike traditional packaging, which is designed to be inert, active packaging interacts with the product and its environment to extend shelf life and maintain food quality. This can involve incorporating additives into packaging systems, such as oxygen and ethylene scavengers, antimicrobial agents, antioxidants, and flavor-absorbing or releasing compounds. Intelligent packaging systems, like time-temperature indicators and gas detectors, are also discussed, emphasizing the importance of consumer acceptance for the commercial success of these technologies. The study reviews key mechanisms used in active packaging, including oxygen scavengers, which reduce the presence of oxygen in food packaging by using iron-based or ascorbic acid-based systems. These methods help maintain product freshness by limiting oxidative damage. Carbon dioxide-generating systems are also used to suppress microbial growth, particularly in meat, poultry, fish, and cheese packaging. Furthermore, ethylene scavengers are vital for extending the shelf life of fruits and vegetables by controlling ripening processes.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=103797679&utm_source=emailwire.com&utm_medium=paidpr&utm_campaign=smart-food-packaging-market

Other applications discussed include the use of flavor and odor absorbers/releasers, which enhance the sensory properties of packaged food, and antimicrobial packaging that inhibits microbial growth to ensure food safety. The potential of nanotechnology to develop new and more effective active and intelligent packaging solutions is highlighted, paving the way for further innovations in the food packaging industry. This study underscores the need for advanced packaging technologies to meet consumer demand for fresh, safe, and high-quality food products and their critical role in prolonging shelf life and improving food safety.

The Meat, Poultry & Seafood is the having a largest share within the application sector of the smart food packaging market.

Due to growing global demand, meat, poultry, and seafood accounts for the highest market share of application in the smart food packaging market. Its needs lie in extending shelf life, safety, and traceability. As per data provided by the USDA from October 2024, Brazil dominates global chicken meat exports during 2025 as the production will be 11.8 million tons. Australia’s poultry production will increase by 2 percent to 2.6 million tons, as high global demand is expected. Beef exports from Australia will also reach a record 1.9 million tons in the year, as its demand increases in the US. These trends point towards the increasing international meat trade and export opportunities.

Increased production and exports require more advanced smart packaging technologies, such as modified atmosphere packaging and active packaging, for freshness, less food waste, and greater safety. This will fuel innovation and adoption of smart packaging solutions, especially in global markets like East Asia and North America.

The active packaging segment holds significant market share in the smart food packaging market during the forecasted period 2024-2029.

Active food packaging accounts for a major market share in the smart food packaging industry, which is mainly attributed to the quality improvement, safety, and shelf life that active packaging can offer. Technologies, including oxygen scavengers, moisture absorbers, and antimicrobial agents, respond to some of the most important consumer needs related to freshness and reduction of food waste.

It is primarily gaining adoption across key industries, including meat, poultry, seafood, and dairy, where growing concerns about global food safety and sustainability are driving growth. Additionally, increasing export of perishable food products, particularly in North America, Europe, and Asia-Pacific, further supports the increasing demand for active packaging. As manufacturers look for more innovative ways to meet their regulatory requirements and consumer demands, active packaging will maintain its position in the market.

Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=103797679&utm_source=emailwire.com&utm_medium=paidpr&utm_campaign=smart-food-packaging-market

Based on region, Europe has a significant share in the smart food packaging market.

The growth of the food and beverage industry in Europe is a major driving force for the smart food packaging market, which is motivated by the increasing demand for advanced packaging solutions that would ensure food safety, traceability, and extended shelf life. According to European Commission data (March 2024), the food and drinks industry generates ~USD 245 billion (€227 billion) in added value and employs 4.6 million people, making it the EU’s largest manufacturing sector in terms of jobs and value. SMEs are over 99% of businesses in this ecosystem. The sector has also recorded a food trade surplus, with exports doubled over the last decade to exceed ~USD 196 billion (€182 billion), contributing a positive balance of nearly ~USD 32 billion (€30 billion). These strong figures, combined with growing trade opportunities and EU Single Market benefits, are driving demand for smart food packaging technologies to support efficient, sustainable, and competitive food supply chains.

The report profiles key players such as Amcor plc (Switzerland), Mondi (UK), Sealed Air (US), Berry Global Inc. (US), Toyo Seikan Group Holdings, Ltd. (Japan), THE TETRA LAVAL GROUP (Switzerland), Crown (US), 3M (US), MITSUBISHI GAS CHEMICAL COMPANY, INC. (Japan), Multisorb (US), Huhtamäki Oyj (Finland), Timestrip UK LTD (UK), Stepac (Israel), Checkpoint Systems, Inc. (US), and Novipax Buyer, LLC (US).

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=103797679&utm_source=emailwire.com&utm_medium=paidpr&utm_campaign=smart-food-packaging-market

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.



Source link

You Might Also Like

Wine Market Poised for Steady Growth with Dominance of Still Wines and Supermarket Channels as per Maximize Research

Market for Call Center Outsourcing Advances with Inbound Services and Voice Support Leading the Segment Growth as per Maximize Research.

WealthTech Solutions Market Poised for Significant Growth, Driven by Changing Consumer Preferences and Digital Advancements as per Maximize Research.

Saffron Market Fueled by Growing Demand for Natural Ingredients and Expanding Applications Across Industries Maximize Research.

Coin Collection Market Driven by Historical Significance, Investment Appeal, and Digital Accessibility as per Maximize Research

NEWSROOM January 17, 2025 January 17, 2025
Share This Article
Facebook Twitter Email Print
Previous Article Bunion Surgery Market worth $606.1 million by 2029
Next Article عائلة GWM Hi4 Tech تتألق في كرنفال الجليد والثلوج للطرق الوعرة

Share Us

- Advertisement -
Ad image

Latest News

How Health Insurance Promotes Work-Life Balance
Middle East
WealthTech Solutions Market Poised for Significant Growth, Driven by Changing Consumer Preferences and Digital Advancements as per Maximize Research.
Press Releases
Market for Call Center Outsourcing Advances with Inbound Services and Voice Support Leading the Segment Growth as per Maximize Research.
Press Releases
Wine Market Poised for Steady Growth with Dominance of Still Wines and Supermarket Channels as per Maximize Research
Press Releases

About Us

Econo Asia™ publishes news on Asia’s econimic outlook with focus on Finance, FinTech and the Stock Market. News is aggregated and pubished as it is available on the web. Econo Asia™ is part of GroupWeb Media Network. Econo Asia™ in association with AsiaNewswire.Net, publishes and distributes press release to media in Asia.

Contact Us

  • WhatsApp: +1 832-716-2363
  • Skype: Groupwebmedia
  • Telegram: @groupwebmedia

Categories

News
Economy
FinTech
Markets
Asia
Middle East
Press Releases

 
 

 

 

Recent News

How Health Insurance Promotes Work-Life Balance
May 13, 2025
WealthTech Solutions Market Poised for Significant Growth, Driven by Changing Consumer Preferences and Digital Advancements as per Maximize Research.
May 11, 2025
Market for Call Center Outsourcing Advances with Inbound Services and Voice Support Leading the Segment Growth as per Maximize Research.
May 11, 2025
  • العربية (Arabic)
  • বাংলাদেশ (Bengali)
  • 简体中文 (Chinese (Simplified))
  • English
  • हिन्दी (Hindi)
  • Indonesia (Indonesian)
  • 日本語 (Japanese)
  • Tiếng Việt (Vietnamese)
Econo Asia™ is part of GroupWeb Media Network. © 2024 GroupWeb Media LLC
  • About Us
  • Contact Us
  • Submit News
Welcome Back!

Sign in to your account

Lost your password?