Global Antimicrobial Food Packaging Additives Market – Trends Analysis & Forecasts up to 2022 – Driven by Rapid Growth in Packaged Food & Beverages Industry – Research and Markets
The global market size of antimicrobial food packaging additives was over USD 250 million in 2015 and it is expected to grow at between CAGR of 6.5% and 7.0% over the period of 2016 to 2022. Antimicrobial food packaging additives are antimicrobial agents used in the packaging of food items and materials.
Antimicrobial packaging is one of the rapidly growing forms of active and controlled release packaging in the world market. Antimicrobial additives are enzymes, organic acids and fungicides, which are impregnated into the packaging films to kill the pathogens that affect the food packaged. Globally, the rise in packaged food industry has escalated the commercial applications of antimicrobial additives in food packaging industry.
The global antimicrobial food packaging additives market is expected to be driven by factors such as technological advancements in packaging industries and rapid growth in packaged food and beverages industry. Furthermore, increasing demand for packaging technologies that increase shelf life of the food products is expected to accelerate the growth in the market over the forecast period.