Skip to main content

Posts

Showing posts with the label Antimicrobial Packaging Market

Antimicrobial Packaging Market Will Accomplish Outstanding USD 11.92 billion Figure By 2024

  The global AntimicrobialPackaging market is expected to value at USD 11.92 billion by 2024. The antimicrobial packaging industry is subject to witness a substantial growth due to the rising demand for advanced packaging solutions in confectionery and bakery sectors. Antimicrobial type of packaging is gaining popularity in preservative free food products that need minimal processing and are perishable. Increasing level of awareness associated with consumer health and longer shelf life of products are expected to fuel market demand for antimicrobial packaging solutions over the next seven years. Globally, the antimicrobial packaging market is predicted to grow at a CAGR of 5.0% in the forecast period, providing numerous opportunities for market players to invest for research and development in the market. The factors affecting the growth of antimicrobial packaging industry are varying food preferences, enhancements in living status, and rising disposable earnings. Furthermore...