Active And Intelligent Packaging Market Competitive Research And Precise Outlook 2020 To 2025

The Active And Intelligent Packaging Market Perspective, Comprehensive Analysis along with Major Segments and Forecast, 2020-2025. The Active And Intelligent Packaging market report is a valuable source of data for business strategists. The process for developing an updated forecast and creating the market report involves the compilation and analysis of all derivative or application sectors with a country-wise analysis of demand trends, taking into account the economic, political, and legislative environment. We have taken a holistic approach to formulate and develop a clear market model for accurate market numbers. This Active And Intelligent Packaging Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

Top Companies in the Global Active And Intelligent Packaging Market
Sealed Air Corporation (NYSE: SEE), Sonoco Products Company (NYSE: SON), Coveris Holdings SA, Dessicare Inc., Graphic Packaging International LLC, WestRock Company (NYSE: WRK), BASF SE (OTCMKTS: BASFY), Honeywell International Inc. (NYSE: HON), Timestrip UK Ltd, Crown Holdings Inc., Ball Corporation, Amcor plc (NYSE: AMCR) Landec Corporation, among others.

The Active And Intelligent Packaging market was valued at US$ 17.5 Billion in 2019 and is expected to reach a value of US$ 25.16 Billion by 2025, registering a CAGR of 6.78% during the forecast period of 2020-2025

Market Overview:
– Active packaging demand is driven by food processing companies to keep food fresh for a longer period of time, during its duration in the supply chain, to reduce food waste and promote more convenient packaging for consumers.
– With the growing urban population and changing lifestyle trends across the globe, the demand for ready-to-eat, frozen meat, and packaged food are increasing. The supply of frozen foods, meat products, vegetables, and fruits is surpassing boundaries, thus giving regional markets global exposure.

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Market Insights:
Food to Account Significant Share
– Food organizations are increasingly embracing sensory marketing, which is a strategy focused on the engaging of multiple senses in the consumer environment, where not only the color or shape, but texture, sound, and even the smell of a pack can influence consumer’s purchasing decisions.
– For instance, when Nestle launched Maggi Healthy Soups, it used the new and patented ‘granulation-based technology, which retains the freshness of the key ingredients and delivers a multi-sensorial experience.
– The evolution of intelligent packaging systems through the use of sensor technologies, indicators (including freshness, integrity, and time-temperature indicators (TTI)), and radio frequency identification (RFID) has been assessed for potential use in meat and meat products as well.

The United States to Account for Largest Share
– The United States is witnessing a rapid rise in its existing population, primarily due to the work-related migrations into the country. This rising population has directly burdened the food industry and affected the packaging industry. It is home to the busiest markets and forms a major part of the workforce dependent on the frozen foods and packaged food for appetite
– The pharmaceutical industry is a major segment, which has a vital role to play in the active and intelligent packaging market in the United States. The spending on medicines in the country rose from USD 316 billion in 2010 to USD 450 billion in 2016. Also, the country accounts for more than a quarter of the total pharmaceutical industry, which has critical importance for active and intelligent packaging.
– Companies in the country, such as VerifyMe, Inc. entered into a reseller agreement with eAgile. Under this agreement, eAgile will be able to offer its clients VerifyMe’s RainbowSecure Ink Identifier Serialization Technology.

Competitive Landscape
– May 2019 – Amcor Limited and Bemis Company, Inc. announced that regulatory clearance has been received from the US Department of Justice in relation to the combination of the two companies. A condition of this approval is the previously announced sale of certain Amcor assets located in the US to Tekni-Plex, Inc.
– December 2018 – Amcor opened a new home care packaging site in India. As part of a seven-year agreement with Unilever signed in 2017, Amcor, the global packaging leader, made a substantial investment to build and equip the state-of-the-art Bharuch plant, at Gujarat, in the Western region of India

The Active And Intelligent Packaging market can be divided based on product types and its sub-type, major applications and Third Party usage area, and important regions.

This report segments the global Active And Intelligent Packaging Market based on Types are:
Pure Absorbers
Oxygen Scavengers
Microwave Susceptors
Moisture/Humidity Absorbers
Odor Absorbers/Emitters
Anti-Microbiological Packaging
Others

Based on Application, the Global Active And Intelligent Packaging Market is Segmented into:
Frozen Food
Packaged Foods
Dairy Products
Others

Regions Are covered By Active And Intelligent Packaging Market Report 2020 To 2025.

North America, Europe, China, Japan, Southeast Asia, India.
North America (USA, Canada, and Mexico).
Europe (Germany, France, UK, Russia, and Italy).
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia).

The report has 150 tables and figures browse the report description and TOC
https://www.marketinsightsreports.com/reports/01091745139/active-and-intelligent-packaging-market-growth-trends-and-forecast-2020-2025?Mode=46&Source=OP

Significant Features that are under Offering and Key Highlights of the Reports:

-Detailed overview of Active And Intelligent Packaging Market
-Changing Active And Intelligent Packaging market dynamics of the industry
-In-depth market segmentation by Type, Application, etc.
-Historical, current, and projected Active And Intelligent Packaging market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of Active And Intelligent Packaging Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.

Frequently Asked Questions about Active And Intelligent Packaging market:

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All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check with the sales team.

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