4.11 billion USD Worth expected for MEA Active, Smart and Intelligent Packaging Market by 2021
Regional and country-level analysis and forecasts of the MEA Active, Smart and Intelligent Packaging Market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions those are still untapped
(EMAILWIRE.COM, October 11, 2017 ) According to this report “MEA Active, Smart and Intelligent Packaging Market by Application (Frozen processed food, Chilled processed food, Dried processed food, Dairy, Packaged food, Meat and poultry, Sea food), by Technology (Active Packaging, Modified atmosphere packaging, Intelligent Packaging), and by Region – Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)” published by Market Data Forecast, the MEA Active, Smart and Intelligent Packaging Market was worth USD 2.73 billion in 2016 and estimated to be growing at a CAGR of 8.54%, to reach USD 4.11 billion by 2021.
Browse details of 125 pages research report on MEA Active, Smart and Intelligent Packaging Market @ http://marketdataforecast.com/market-reports/middle-east-and-africa-active-smart-and-intelligent-packaging-market-2379/
Packaging doesn’t just ensure a safe delivery to the final user, but it also has an effect on the way the product is being perceived by the customers from marketing perspective. The food and beverage packaging has changed from old traditional packaging to new and advanced packaging. Traditional packaging concerns itself only with issues pertaining to protection from factors which are external to the packaging, while advanced packaging considers both internal (active packaging) and external (intelligent packaging) interactions with the environment; and it improves the over-all visual appeal of the products also. That is why the manufacturers of food and beverages and packaging manufacturers are trying to find creative ways in which chemical, physical and microbial textures can be changed inside the packaged food.
Technological advancements such as smart packaging, active modified atmosphere packaging and intelligent packaging is now cannibalising traditional methods such as canning. Moreover, smart and active packaging also makes bulk transportation easier. With recent technological advancements, innovative packaging alternatives are now readily available for the manufacturers to improve their consumer strength and capture even more market share. The food industry, which is mostly always on a boom, is the primary driver in the MEA active, smart, and intelligent packaging market. Also, the escalating demand for packaging that can more efficiently control moisture and gas, are some more drivers in the industry.
MEA advanced packaging technology market is showing a high growth due to the mounting demand for convenience food such as ready-to-cook meal, more sustainable packaging and stringent food safety regulations. Food wastage concerns, growing health awareness and manufacturers’ concern for increased shelf life of the food products and supply chain inadequacies are some other factors driving the growth of the market. Additionally, the consumers’ satisfaction level with regards to packaged food, threat of bioterrorism, organized food safety regulations and increased applications in ready-to-eat meals and frozen foods have created a lot of opportunities for advanced packaging technology market.
Avail Sample Market Brochure of the report for more information, Get a Copy @ http://marketdataforecast.com/market-reports/middle-east-and-africa-active-smart-and-intelligent-packaging-market-2379/request-sample
The MEA Active, Smart and Intelligent Packaging Market is segmented on the basis of Application (Packaged food, Dried processed food, Frozen processed food, Dairy, Meat Chilled processed food, poultry and Sea food). Based on Technology, the market is further segmented into Active Packaging, Modified atmosphere packaging and Intelligent Packaging. The Modified atmosphere packaging market accounted for the highest revenue in 2016 while Active and smart packaging technology is projected to grow at the fastest rate. On the basis of geography, the MEA market is analysed under various regions namely South Africa, Israel, Egypt, etc. The Active packaging market held the second highest market share, with a market share of about 30% in MEA.
Some of the major companies dominating the market, by their products and services include M&G USA Corporation, Sysco Corporation Sealed Air Corporation, Eastman Chemical Company, Timestrip PLC and Paksense
Incorporate, Multisorb Technologies, Ball Corporation, Amcor limited.
Inquiry before buying @ http://marketdataforecast.com/market-reports/middle-east-and-africa-active-smart-and-intelligent-packaging-market-2379/inquire
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
Media Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626; Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/
Browse details of 125 pages research report on MEA Active, Smart and Intelligent Packaging Market @ http://marketdataforecast.com/market-reports/middle-east-and-africa-active-smart-and-intelligent-packaging-market-2379/
Packaging doesn’t just ensure a safe delivery to the final user, but it also has an effect on the way the product is being perceived by the customers from marketing perspective. The food and beverage packaging has changed from old traditional packaging to new and advanced packaging. Traditional packaging concerns itself only with issues pertaining to protection from factors which are external to the packaging, while advanced packaging considers both internal (active packaging) and external (intelligent packaging) interactions with the environment; and it improves the over-all visual appeal of the products also. That is why the manufacturers of food and beverages and packaging manufacturers are trying to find creative ways in which chemical, physical and microbial textures can be changed inside the packaged food.
Technological advancements such as smart packaging, active modified atmosphere packaging and intelligent packaging is now cannibalising traditional methods such as canning. Moreover, smart and active packaging also makes bulk transportation easier. With recent technological advancements, innovative packaging alternatives are now readily available for the manufacturers to improve their consumer strength and capture even more market share. The food industry, which is mostly always on a boom, is the primary driver in the MEA active, smart, and intelligent packaging market. Also, the escalating demand for packaging that can more efficiently control moisture and gas, are some more drivers in the industry.
MEA advanced packaging technology market is showing a high growth due to the mounting demand for convenience food such as ready-to-cook meal, more sustainable packaging and stringent food safety regulations. Food wastage concerns, growing health awareness and manufacturers’ concern for increased shelf life of the food products and supply chain inadequacies are some other factors driving the growth of the market. Additionally, the consumers’ satisfaction level with regards to packaged food, threat of bioterrorism, organized food safety regulations and increased applications in ready-to-eat meals and frozen foods have created a lot of opportunities for advanced packaging technology market.
Avail Sample Market Brochure of the report for more information, Get a Copy @ http://marketdataforecast.com/market-reports/middle-east-and-africa-active-smart-and-intelligent-packaging-market-2379/request-sample
The MEA Active, Smart and Intelligent Packaging Market is segmented on the basis of Application (Packaged food, Dried processed food, Frozen processed food, Dairy, Meat Chilled processed food, poultry and Sea food). Based on Technology, the market is further segmented into Active Packaging, Modified atmosphere packaging and Intelligent Packaging. The Modified atmosphere packaging market accounted for the highest revenue in 2016 while Active and smart packaging technology is projected to grow at the fastest rate. On the basis of geography, the MEA market is analysed under various regions namely South Africa, Israel, Egypt, etc. The Active packaging market held the second highest market share, with a market share of about 30% in MEA.
Some of the major companies dominating the market, by their products and services include M&G USA Corporation, Sysco Corporation Sealed Air Corporation, Eastman Chemical Company, Timestrip PLC and Paksense
Incorporate, Multisorb Technologies, Ball Corporation, Amcor limited.
Inquiry before buying @ http://marketdataforecast.com/market-reports/middle-east-and-africa-active-smart-and-intelligent-packaging-market-2379/inquire
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
Media Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626; Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/
Contact Information:
Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results