” Antimicrobial seafood Packaging Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025″ is the latest addition to MarketResearchReports.Biz industry research reports collection.
The main objective of this report is to define, describe, and forecast the global “Antimicrobial seafood Packaging” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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Antimicrobial seafood Packaging Market: Introduction
It is disastrous to know that annually one fourth of the world food supply and approximately 30% of the landed fish go waste due to microbial activity. Antimicrobial packaging presents significant implementation potential in food technology. The polymers doped with antimicrobial agents are used in antimicrobial seafood packaging. The seafood industry still faces the acute lack of sophisticated and efficient antimicrobial technology. Governments and other stakeholders (academic research institutes, private research institutes, etc.) related to food & beverages industry are constantly looking for better ways of seafood packaging, so that the food wastage can be brought down. Antimicrobial packaging includes majorly films and wraps. Major packaging manufacturers across the globe are increasingly focusing on antimicrobial seafood packaging, as it has a significant growth potential over the next decade. Antimicrobial seafood packaging helps in extending the post process shelf-life of seafood. Antimicrobial seafood packaging combined with modified atmosphere packaging or thermal processing, freezing etc. can efficiently help in extending the seafood shelf-life. This combined method can also bring down the cost of antimicrobial agents added in antimicrobial packaging products.
Antimicrobial seafood Packaging: Market Dynamics
Rising worldwide health consciousness and growing consumer demand for high quality, fresh, minimally processed and ready-to-eat (RTE) food products is expected to drive the global antimicrobial seafood packaging market. Improving the food safety is the major challenge for seafood producers. Antimicrobial coatings are applied on plastic (e.g. PP, PET), paper, textile, etc. to protect the seafood such as spawns, salmon, shrimps, and others from microbial biodegradation. Developed economies such as U.S., U.K., France and others have the higher penetration levels of antimicrobial seafood packaging compared to emerging economies. Growing demand for fresh and hygienic seafood in North America and Europe is influencing the demand for antimicrobial seafood packaging market. Government and other food safety concerned regulatory bodies are implementing stringent regulations on antimicrobial agents use as coating (powder or liquid) and packaging materials. This rising regulatory environment is restraining the growth of global antimicrobial seafood packaging market. The penetration is very low in emerging economies due to lack of product/technology awareness and higher technological costs compared to traditional active seafood packaging technologies. Rising disposable income levels, and growing middle class in emerging economies is expected to reverse the trend in emerging economies such as India, Brazil, Mexico, Nigeria, ASEAN countries, and others.
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Antimicrobial seafood Packaging: Market Segmentation
The antimicrobial seafood packaging market is segmented on the basis of product type, application, and packaging substrate and by region. On the basis of product type, the global antimicrobial seafood packaging market is segmented into:
Antimicrobial Powder Sachets
Based on the application, global antimicrobial seafood packaging market is segmented into:
Molluscs (oysters, scallops, cuttlefish etc.)
Crustaceans (Shrimps, Crabs, Lobsters, Krill, etc.,)
Others (Sea Turtles, Star Fish, Sea Cucumbers, Plants etc.)
Based on the packaging substrate global antimicrobial seafood packaging market is segmented into:
Paints & Coatings
Antimicrobial seafood Packaging Market: Regional outlook
Antimicrobial seafood packaging market has been segmented on the basis of region into North America, Latin America Eastern Europe, Western Europe, Asia Pacific Excluding Japan (APEJ), Middle East & Africa (MEA), and Japan. North America along with Western European region is expected to dominate the overall global antimicrobial seafood packaging market. Asia Pacific Excluding Japan and Eastern Europe regions are expected to expand at a highest CAGR during forecast period. Growing middle class, changing lifestyle and increasing disposable income levels are expected to drive the Asia Pacific Excluding Japan antimicrobial seafood packaging market. China, India and ASEAN countries are expected to be the major contributors in Asia Pacific Excluding Japan market.
Antimicrobial seafood Packaging Market: Key players
Some of the players associated with the global antimicrobial seafood packaging market are Sealed Air Corporation, Mondi Group, Reynolds Group, Addmaster (UK) Limited, MicrobanProducts Co. (USA), Rhone-Poulenc (USA), Takex Co., Ltd (Japan), DuPont (USA), Bernard Technologies (USA) and others.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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