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The global smart food packaging market is projected to expand at a CAGR of 7.60% from 2025 to 2033, reaching a value of USD 6 million by 2033. The growth of the market is driven by the increasing demand for convenience, extended shelf life, and improved product safety. Moreover, the adoption of smart packaging technologies by food and beverage companies is expected to support the market growth.Active packaging, such as oxygen scavengers and time-temperature indicators, is gaining popularity due to its ability to enhance product freshness and extend shelf life. Controlled packaging, such as vapor phase inhibitors and moisture absorbers, helps protect food from environmental factors. Modified atmosphere packaging, which involves altering the gas composition within the packaging, is effective in maintaining the quality of perishable foods. The market is dominated by plastic materials due to their versatility and cost-effectiveness. Metal, glass, paper, and aluminum are also used for specific applications. Key players in the smart food packaging market include Crown Holdings, Inc., Constar International Inc., Ball Corporation, Bemis Company, Inc., Sysco Corporation, and Filtration Group Corporation. Recent developments include: April 2019: The milk and juice cartons would become digital tools, massive data carriers, and interactive information conduits thanks to a platform Tetra Pak unveiled for linked packaging. If retailers have better access to the supply chain, distributors will be able to follow stock movements and acquire real-time information., February 2019: MGM's division for flexible packaging was purchased by Sealed Air. The well-known packaging business MGM supplies flexible food packaging materials for Southeast Asian consumer packaged goods industries. The acquisition's two main goals are to improve printing and laminating capabilities and to increase its position in the Asia-Pacific region.. Notable trends are: RFID Technology: Tracking and monitoring supply chains and product authenticity
Biosensors: Detecting food spoilage, contamination, and temperature changes
Personalized Nutrition: Packaging customized to individual dietary needs
Data Analytics: Optimizing packaging design and reducing waste
Circular Economy: Focus on end-of-life solutions and sustainable materials.
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Linear Low-Density Polyethylene market size was valued at USD 46.47 Billion in 2024 and is projected to reach USD 64.47 Billion by 2031, growing at a CAGR of 4.61% from 2024 to 2031.
Global Linear Low-Density Polyethylene Market Drivers
1. The packaging industry’s growing demand
The major market for LLDPE is the packaging sector, which mostly uses it to make films, bags, and wraps. The LLDPE market is greatly boosted by the growing need for flexible packaging solutions, which is fueled by the growth of e-commerce and the requirement for effective and protective packaging. The material’s strength, light weight, and durability make it an excellent choice for applications in the consumer goods, pharmaceutical, and food and beverage industries.
2. The Construction Industry’s Growth
In the construction sector, LLDPE is frequently utilized for water pipes, insulation materials, and geomembranes. The need for LLDPE is increased by the expansion of infrastructure and urbanization, especially in emerging economies. Its application in building resilient and long-lasting materials is consistent with the worldwide movement toward resilient and sustainable infrastructure.
3. Developments in Agricultural Uses
Another important industry propelling the LLDPE market is agriculture. The substance is utilized in the creation of mulch films, irrigation pipes, and greenhouse films. The need for high-performance agricultural films has increased because to the increased focus on increasing agricultural productivity and efficiency on a global scale. Because of its flexibility and resilience to UV rays, LLDPE is perfect for these kinds of uses, helping to protect crops and increase output.
4. Innovations in Technology
Technological developments in catalyst development and polymerization methods have produced higher-quality LLDPE with better characteristics. Advancements like LLDPE based on metallocene provide improved mechanical characteristics, clarity, and processability. These developments increase the applications for LLDPE, which propels the market’s expansion.
5. Trends in Sustainability and Environmental Regulations
The market for LLDPE is aided by the material’s recyclability and reduced environmental impact in comparison to other plastics, which are advantageous as environmental concerns and restrictions around plastic use grow. With LLDPE being utilized more frequently in recyclable and reusable packaging formats, the industry is seeing a trend toward sustainable packaging options. Furthermore, by addressing environmental sustainability, developments in bio-based LLDPE and recycling technologies support the growth of this industry.
6. Economic expansion and rising consumer expenditure
Economic expansion has raised consumer spending on electronics, cars, and packaged goods—all of which use LLDPE in one way or another. This is especially true in emerging nations. The growing middle class in nations like China and India fuels the market for LLDPE by increasing demand for robust consumer goods and premium packaging.
7. Initiatives by the government and regulatory support
The LLDPE market is supported by government initiatives that assist the growth of infrastructure, efficient agriculture, and environmental sustainability. An climate that is conducive to the adoption of LLDPE is created by incentives and subsidies for the use of high-performance materials in agriculture and construction, as well as by laws that promote recycling and waste reduction.
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This table contains figures on the price movements of a package of goods and services purchased by an average Dutch household. This is called the Consumer Price Index (CPI). The table also shows the derived consumer price index: this is the CPI that removes the impact of changes in the rates of taxes on products (e.g. VAT and excise duties on alcohol and tobacco) and subsidies and of taxes on consumption (e.g. motor vehicle taxes).
In addition, the table shows the monthly and annual changes in the CPI. The annual rate of change in total expenditure is an important indicator of inflation. These figures can be viewed across 337 product groups. There are also 34 aggregations of product groups (special aggregates) in the table. For each product group, you can also find out how much the Dutch consumer spends on it in relation to his total expenditure. This is called the weighting coefficient. The total weighting is 100,000.
Figures of the CPI are published every month. In addition, an annual figure will be published at the end of the year. The CPI of a calendar year is calculated as the average of the 12-month indices of that year.
Data available from: January 1996.
Status of figures: Rapid estimate figures are published immediately at the end of a reporting month or shortly thereafter. The rapid estimate provides figures for the year-on-year and month-on-month changes in the main level of the CPI and a number of special aggregates. These figures are calculated on the basis of incomplete source data. These numbers are not suitable for indexing. Therefore, the rapid estimate does not publish indices. The changes in the rapid estimate are characterised as preliminary.
The rapid estimate is followed by the first publication of all indices and changes for the month under review. These figures are also provisional. A month later, the figures for the same reporting month become final. Differences between provisional and final indices are due to met source data.
Changes compared to the previous version: Data for a new period has been added and/or adjustments have been made.
Changes as of 8 February 2024: From the reporting month of January 2024, a price development will be published for spending category 063000 Hospital services. This new index series is based on December 2023. This means that the index level of 100 corresponds to the price level as measured on December 2023. Previously, an index for the same spending category was also published between 2006 and 2009. That index series had as base year 2006=100, and stopped after December 2009. The current series will start again at 100 as of December 2023.
Changes as of 1 June 2016: Data for the period 1996 to January 2015 have been added for all series. In order to get an overall picture, the existing series have been extended to include the spending categories that have been discontinued for the period 2015.
These are the categories of expenditure: 2006=100: - 011320 Frozen fish - 031100 Clothing fabrics - 031420 Repair and rental services of clothing - 032200 Repair and rental services of shoes - 043210 Plumber services - 043230 Heating maintenance - 043250 Carpentry services - 043290 Ov. maintenance services home - 051300 Repair of furniture and the like - 053190 Other large household appliances - 063000 Hospital services - 091420 Unrecorded data carriers - 094240 Hire of equipment for culture - 096010 Package holidays inland 2000=100: - 134000 Property tax
Because these series do not have a base year 2015=100, the base year 2006=100 or 2000=100 has been used for this purpose. Where there is a different base year, this is explicitly included in the explanatory memorandum.
When will there be new figures? The figures for the rapid estimate shall be published on the last working day of the month to which the figures refer, or shortly thereafter.
The new indices are usually published between the first and second Thursday of the month following the month under review. The indices of the previous reporting month will then become definitive.
All publication times of the CPI are published on the publicatieplanning.
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Surge in the number of millionaires and the emerging middle class will continue to make Brazil a major retail destination Brazilian retail sales to reach BRL2,111 billion by 2019 Food and grocery is expected to remain the largest in sales value terms during the forecast period, growing at a CAGR of 8% Consumers with improved income levels tend to move towards modern grocery retail formats, such as supermarkets, to procure branded food and grocery products The food and grocery category is yet to make a mark in the online space. Packaged food leads as the largest product sold and Drinks is expected to be the most promising market during the forecast period, with a CAGR of 10.3% Read More
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This table contains the European Harmonised Consumer Price Index (HICP) for the Netherlands. This price index shows the price evolution of a package of goods and services compiled according to European directives.
The composition of the package of goods and services makes it possible to compare the price movements of consumer goods and services between EU countries. In addition, the table also contains the HICP-CT. This is the HICP excluding the impact of taxes.
In addition to these indices, the table contains monthly and year-on-year developments. For each product group you can also find how much the Dutch consumer spends on it in relation to his total expenditure. This is called the weighting coefficient.
Data available from: 2002 to 2015
Status of the figures: The figures in this table are final.
Changes as of 16 June 2016: None, this table has been discontinued.
Changes as of 18 December 2015 The figures for the groups 061100 ‘Self-care medicines, 061200 ‘Other medical products’, 072200 ‘Autofuels’ and 083000 ‘Phone, fax and internet services’ have been updated from June to September 2015. This does not affect the published indices at main level.
Changes as of 10 December 2015 As of 1 October, the national government has adjusted the points system for housing rentals. As a result, the rents of a limited number of homes have fallen, so the average rents also decreased. The effect of this rent decrease on the price indices of rent and imputed rent could not be determined earlier, as the housing corporations only announced the extent of the rent adjustments in November. The figure of the group 04100 ‘Employable rent’ of October 2015 has therefore been adjusted.
In most cases, all the price information requested is known to CBS when the first results are published and no adjustment will take place later. However, sometimes certain price information is not available on time and the outcome can be adjusted later. HICP outcomes can then always be revised at the same time as the CPI outcomes, even if they were not published as provisional in the previous month. CPI results are marked as provisional at first publication, the month on which the figures are final. If the number is provisional, this is indicated by a *.
When are new figures coming? This table is followed by consumer prices; European harmonised price index 2015 = 100. See paragraph 3.
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Shrinkable Lidding Films Market size was valued at USD 2.9 Billion in 2024 and is projected to reach USD 4 .73 Billion by 2031, growing at a CAGR of 5.9 % during the forecast period 2024-2031.
Global Shrinkable Lidding Films Market Drivers
Growing Need for Easy-to-Open Packaging The need for effective packaging solutions has increased due to the development in busy lifestyles and shifting customer tastes towards convenience foods and ready-to-eat meals. Shrinkable lidding films are perfect for a variety of food and beverage goods, including fresh fruit, meat, poultry, fish, and dairy products. Their quick application, resealability, and tamper-evident characteristics make them convenient. There is a growing need for shrinkable lidding films as consumers want for convenience in food packaging.
Preference for Extended Shelf Life and Freshness: By acting as a barrier against moisture, oxygen, light, and microbiological contamination, shrinkable lidding films help preserve the freshness and increase the shelf life of packaged food and beverage goods. These films provide a tight seal around trays, cups, and other containers, keeping food waste and spoilage at bay while maintaining the flavour and quality of the packaged goods. Shrinkable lidding films are becoming more and more popular as a result of consumer preferences for freshness and food safety as well as the need for packaging solutions that extend shelf life and preserve product integrity.
Growth in the Need for Eco-Friendly Packaging Options The need for environmentally friendly packaging options is rising as people become more conscious of sustainability and environmental challenges. A sustainable packaging option that lessens the environmental effect of food packaging waste is provided by shrinkable lidding films comprised of recyclable, biodegradable, or compostable materials. In response to this demand, producers are creating environmentally friendly shrinkable lidding films that satisfy strict sustainability standards, such as decreased carbon footprint, biodegradability, and recyclingability.
Technological Developments in Film Materials and Production Processes: The creation of shrinkable lidding films with improved performance qualities and aesthetic appeal is the result of technological developments in film materials, manufacturing techniques, and printing technologies. The barrier qualities, seal strength, and puncture resistance of shrinkable lidding films are enhanced by new materials such high-barrier polymers, bio-based resins, and multi-layer constructions, guaranteeing product integrity and protection. Vibrant graphics, branding, and product information can be printed on packaging using advanced printing processes, which improves shelf visibility and customer interaction.
Food and Beverage Industry Expansion: The shrinkable lidding films market is made possible by the global food and beverage industry’s growth, which is fueled by factors including urbanisation, population increase, and changing dietary trends. The need for packaging solutions that provide convenience, shelf life extension, and branding opportunities is rising in tandem with food manufacturers’ introduction of new goods and line extensions to satisfy customer demand. Shrinkable lidding films are essential to the packaging of many different food and beverage goods, which promotes their use in a variety of industry sectors.
Strict Standards and Regulations for Food Packaging: The use of compliant packaging solutions, including shrinkable lidding films, is prompted by industry standards and regulatory regulations that control food packaging safety, hygiene, and labelling. The safety and transparency of packaged food items are guaranteed by regulations pertaining to food contact materials, migration limits, and labelling information, which in turn promotes consumer confidence. In order to satisfy the demanding specifications of the food and beverage sector, shrinkable lidding film manufacturers are required to comply with certain rules and guidelines.
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The consumer packaging industry in India is estimated to be valued at US$ 56.2 billion in 2024. It will likely exhibit a steady CAGR of 5.7% during the forecast period, with overall sales of consumer packaging solutions totaling US$ 92.8 billion by 2034.
Attributes | Key Insights |
---|---|
Base Value (2023) | US$ 53.5 billion |
Estimated India Consumer Packaging Industry Size (2024) | US$ 56.2 billion |
Projected India Consumer Packaging Industry Value (2034) | US$ 92.8 billion |
Value CAGR (2024 to 2034) | 5.7% |
Semi-annual Industry Update
Particular | Value CAGR |
---|---|
H1 | 5.8% (2022 to 2032) |
H2 | 5.4% (2022 to 2032) |
H1 | 5.5% (2024 to 2034) |
H2 | 5.9% (2024 to 2034) |
Category-wise Insights
Material Type | Value CAGR |
---|---|
Plastics | 5.8% |
Paper | 5.1% |
Packaging Formats | Value CAGR |
---|---|
Flexible Packaging | 5.3% |
Rigid Packaging | 6.4% |
Scope of India Consumer Packaging Industry Research Report
Attribute | Details |
---|---|
Estimated Industry Value (2024) | US$ 56.2 billion |
Projected Industry Size (2034) | US$ 92.8 billion |
Expected Growth Rate (2024 to 2034) | 5.7% CAGR |
Historical Data | 2019 to 2023 |
Forecast Period | 2024 to 2034 |
Quantitative Units | Revenue in US$ billion, Volume in tons, and CAGR from 2024 to 2034 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered |
|
Key Companies Profiled |
|
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The Brazil plastic caps and closures market, valued at $1.79 billion in 2025, is projected to experience robust growth, driven by the expanding food and beverage sector, particularly bottled water and carbonated soft drinks. The increasing demand for convenient packaging solutions and the rise of e-commerce are further fueling market expansion. A compound annual growth rate (CAGR) of 4.31% from 2025 to 2033 indicates a significant market opportunity. Key segments within this market include polyethylene (PE), polyethylene terephthalate (PET), and polypropylene (PP) resins, with threaded and child-resistant closures holding significant market share. Growth is further segmented by end-use industries, with the food and beverage sector dominating, followed by personal care and cosmetics. Competitive dynamics are shaped by major players like Silgan Holdings Inc., Berry Global Inc., and Amcor Group GmbH, who are strategically investing in innovation and capacity expansion to meet rising demand. While challenges may arise from fluctuating resin prices and environmental concerns surrounding plastic waste, the overall outlook remains positive due to the sustained growth in the targeted end-use sectors and ongoing efforts towards sustainable packaging solutions. The market's future trajectory will be influenced by consumer preferences, government regulations promoting sustainable practices, and advancements in material science. The predicted growth in the Brazilian plastic caps and closures market is significantly influenced by the country's burgeoning middle class, leading to increased consumption of packaged goods. The consistent growth across different resin types (PE, PET, PP) reflects the versatility and suitability of plastic for various applications. Furthermore, the increasing focus on food safety and product integrity drives the demand for child-resistant closures. Growth in the personal care and cosmetics sector also contributes positively to the market. However, the market needs to address the challenges posed by the fluctuating global resin prices and the increasing awareness regarding environmental sustainability. Companies are likely to invest in research and development to develop more sustainable and recyclable materials to mitigate these challenges while maintaining market competitiveness. The continued growth of the beverage industry in Brazil, particularly in ready-to-drink products, promises sustained growth for this market sector. Here's a report description incorporating the provided information, aiming for high search engine visibility and engaging content. Note that I cannot provide actual market size data in millions without access to market research data. You would need to fill in these values from your own research. Brazil Plastic Caps and Closures Market: A Comprehensive Analysis (2019-2033) This comprehensive report offers an in-depth analysis of the dynamic Brazil plastic caps and closures market, providing valuable insights for businesses operating in this crucial sector. Covering the historical period (2019-2024), base year (2025), and forecast period (2025-2033), this study meticulously examines market size (in millions of units), growth drivers, challenges, and emerging trends, providing a 360-degree view of this expanding market. Recent developments include: July 2024: Silgan Holdings Inc., a United States-based company with operations in Brazil, announced the acquisition of Weener Plastics Holdings B.V., a Dutch company specializing in dispensing solutions for personal care, food, beverages, and healthcare. This move is set to bolster Silgan's closures division, broaden its product portfolio, and enhance its foothold in burgeoning consumer markets, thereby solidifying customer ties., January 2024: Valgroup, a Brazil-based plastic manufacturer, announced the acquisition of Mirvi Brasil, a Brazilian caps and closure manufacturer. The acquisition is expected to expand Valgroup's product portfolio in this segment and strengthen its position in the Brazilian market.. Key drivers for this market are: Growing Demand of Caps and Closures in Personal Care and Cosmetics Industry, Rising Food Imports in Brazil. Potential restraints include: Growing Demand of Caps and Closures in Personal Care and Cosmetics Industry, Rising Food Imports in Brazil. Notable trends are: Polyethylene (PE) is Estimated to Have the Largest Market Share.
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Inspection Machines Market size was valued at 440.72 USD Million in 2024 and is projected to reach 689.3 USD Million by 2031, growing at a CAGR of 5.75% during the forecast period 2024-2031.
Global Inspection Machines Market Drivers
Strict Regulations: In order to guarantee adherence to quality and safety standards, inspection machines are required in a number of industries, including pharmaceuticals, food and beverage, and automotive. These industries are subject to an increasing number of regulations.
Product Recalls are on the rise: Particularly in sectors like pharmaceuticals and automotive, product recalls because of quality problems have increased the demand for inspection machines to find flaws and guarantee product integrity.
Technological Developments: As a result of ongoing improvements in inspection technologies, including automation, machine vision, and artificial intelligence, inspection processes are now more accurate, quick, and efficient, which is fueling market expansion.
Growing Need for Quality Assurance: Manufacturers are being forced to invest in inspection equipment in order to ensure product integrity, safety, and quality throughout the production process due to rising customer awareness and demand for high-quality products.
Expansion of End-use Industries: The need for inspection machines has increased globally as a result of the growth of sectors including pharmaceuticals, food and beverage, automotive, electronics, and packaging as well as the increased focus on quality control.
Cost Reduction and Efficiency Improvement: By avoiding waste, rework, and faults, the adoption of inspection equipment lowers production costs while simultaneously increasing productivity and operating efficiency.
Industry 4.0’s emergence: By integrating IoT (Internet of Things) and big data analytics into inspection machines, Industry 4.0 technologies offer real-time monitoring, predictive maintenance, and data-driven decision-making, which in turn propels market growth.
A Growing Preventive Maintenance Focus: Inspection machines with sophisticated diagnostic capabilities are becoming more and more common as a result of the move towards predictive and preventive maintenance techniques to reduce downtime and improve equipment reliability.
Rapid Industrialization in Developing Countries: The need for inspection machines is being driven by the increasing industrialization of emerging nations, as well as the adoption of automation and quality control methods in industries including consumer goods, automotive, and manufacturing.
Environmental and Safety Concerns: Growing worries about the sustainability of the environment and the safety of products have pushed the use of inspection machines to find faults, pollutants, and non-compliance with regulations, which has fueled market expansion.
Smoothies Market Size 2024-2028
The smoothies market size is forecast to increase by USD 709.6 million at a CAGR of 6.14% between 2023 and 2028. The market is experiencing significant growth due to the increasing trend towards healthier lifestyle choices and health awareness. With the rise of health-conscious diets, smoothies have become a popular alternative to traditional beverages. Fruit-based smoothies, in particular, are gaining popularity as they offer a convenient and nutritious way to consume essential vitamins and minerals. The primary distribution channels for this product category include smoothie bars, restaurants, and food service establishments. The market is witnessing an increase in smoothie outlets and product launches, as well as growing competition from dairy products and nuts. Western dietary patterns are shifting towards more natural and organic options, making smoothies an attractive choice for consumers seeking to improve their well-being.
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The market has witnessed significant growth in recent years, driven by the increasing popularity of healthier meal options and the wellness movement. This trend is evident in various sectors, including cafes, juice bars, and pre-packaged products. Fruits and Vegetables: Fruits and vegetables form the backbone of the smoothie market. Popular choices include strawberries, mango, spinach, kale, banana, and pineapple. These ingredients offer various health benefits, making smoothies an attractive option for those seeking to incorporate more nutrients into their diet.
Smoothie bowls have emerged as a popular trend in the market. These dishes consist of a thick smoothie topped with various fruits, nuts, and seeds. They offer a more substantial meal option, making them a preferred choice for those looking for a filling and nutritious snack or meal replacement. Supplements are increasingly added to smoothies to enhance their nutritional value. Chia seeds and banana boosts are popular choices, providing added fiber, protein, and antioxidants. Cafes and juice bars continue to be key players in the smoothie market. These establishments offer a wide range of smoothie options, catering to various dietary choices and preferences.
Market Segmentation
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
Consumption Pattern
Out of home
At home
Product
Fruit based
Vegetable based
Dairy based
Others
Geography
North America
US
Europe
Germany
UK
APAC
China
India
South America
Middle East and Africa
By Consumption Pattern Insights
The out of home segment is estimated to witness significant growth during the forecast period. Smoothies have gained significant popularity in the market due to their convenience and suitability for active lifestyles. Fruit-based smoothies are particularly favored, with acai bowls and pitaya bowls from brands like Smoothie King being popular choices.
Furthermore, the smoothie market is witnessing steady expansion, driven by the increasing number of exclusive smoothie bars and outlets. Major players are expanding their reach by introducing novel substances and flavors, including tropical options. These strategies aim to cater to diverse consumer preferences and attract a larger customer base. Smoothie cartons are also gaining traction as a convenient and portable option for consumers, further fueling market growth.
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The Out of home segment was valued at USD 1.11 billion in 2018 and showed a gradual increase during the forecast period.
Regional Insights
APAC is estimated to contribute 33% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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In North America, the market for smoothies, which includes fruits, vegetables, and supplements, is experiencing significant growth, with a notable increase in the United States and Canada. This expansion is primarily attributed to the health advantages of smoothies, making them an attractive choice for consumers seeking healthier meal options. The popularity of raw and organic food, particularly among the younger demographic in their 20s and 30s, is fueling the market's growth. Furthermore, the declining preference for traditional juices, such as orange juice, due to their high sugar content, is also contributing to the smoothie market's rise. Leading retailers are offering a variety of smoothie options with additional boosts like Chia Banana Boost and Pean
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The global smart food packaging market is projected to expand at a CAGR of 7.60% from 2025 to 2033, reaching a value of USD 6 million by 2033. The growth of the market is driven by the increasing demand for convenience, extended shelf life, and improved product safety. Moreover, the adoption of smart packaging technologies by food and beverage companies is expected to support the market growth.Active packaging, such as oxygen scavengers and time-temperature indicators, is gaining popularity due to its ability to enhance product freshness and extend shelf life. Controlled packaging, such as vapor phase inhibitors and moisture absorbers, helps protect food from environmental factors. Modified atmosphere packaging, which involves altering the gas composition within the packaging, is effective in maintaining the quality of perishable foods. The market is dominated by plastic materials due to their versatility and cost-effectiveness. Metal, glass, paper, and aluminum are also used for specific applications. Key players in the smart food packaging market include Crown Holdings, Inc., Constar International Inc., Ball Corporation, Bemis Company, Inc., Sysco Corporation, and Filtration Group Corporation. Recent developments include: April 2019: The milk and juice cartons would become digital tools, massive data carriers, and interactive information conduits thanks to a platform Tetra Pak unveiled for linked packaging. If retailers have better access to the supply chain, distributors will be able to follow stock movements and acquire real-time information., February 2019: MGM's division for flexible packaging was purchased by Sealed Air. The well-known packaging business MGM supplies flexible food packaging materials for Southeast Asian consumer packaged goods industries. The acquisition's two main goals are to improve printing and laminating capabilities and to increase its position in the Asia-Pacific region.. Notable trends are: RFID Technology: Tracking and monitoring supply chains and product authenticity
Biosensors: Detecting food spoilage, contamination, and temperature changes
Personalized Nutrition: Packaging customized to individual dietary needs
Data Analytics: Optimizing packaging design and reducing waste
Circular Economy: Focus on end-of-life solutions and sustainable materials.