Global Smart Food Packaging Market Size & Share to 2027
Global Smart Food Packaging Market Size, Trends & Growth Opportunity by Technology (Controlled, Active, Intelligent, Aseptic, and Biodegradable), Material (Metal, Glass & Wood, Paper & Paperboard, and Plastics), Application (Dairy Products, Meat & Seafood, Bakery Products, Confectionary Products), Region and Forecast till 2027
Global Smart Food Packaging Market
The smart food packaging is defined as the advanced form of packaging which provides additional functionalities such as freshness monitoring, extended shelf life, and improved safety along with traditional functions like communication, containment, and protection.
Market Drivers
The rise in the use of smart packaging to increase the shelf life and traceability of food products is expected boost the global smart packaging market growth. Furthermore, smart food packaging is widely used for packaging Dairy Products, Meat & Seafood products, Bakery Products, and Confectionary Products will positively influence the market growth over the forecast period. Also, the rise in demand for smart packaging to maintain quality of products will support the market growth during this forecast period. The rise in trade activities related to related to food and beverages, and convenient food item will fuel the market growth. Moreover, growing importance of artificial intelligence, and Internet of things (IoT) to receive information in real time expected to propel the global smart food packaging market
Market Restraints
High cost of smart packaging is expected to hinder the global smart food packaging market growth. Also, some types of smart packaging materials are not recyclable which is expected to hamper the global smart food packaging market growth.
Market Segmentation
The Global Smart Food Packaging Market is segmented into technology such as Controlled Active, Intelligent, Aseptic, and Biodegradable, by material such as Metal, Glass & Wood, Paper & Paperboard, and Plastics. Further, market is segmented into application such as Dairy Products, Meat & Seafood, Bakery Products, and Confectionary Products.
Also, Global Smart Food Packaging Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed into this report such as Robert Bosch, GEA Group, Ishida, Arpac, Smart Food Packaging, Coesia Group, Insignia Technologies, Emerson, and Multivac
Market Taxonomy
By Technology
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