(PRWEB) March 02, 2014
The "Global Active, Smart and Intelligent Packaging Market By Products , Applications, Trends and Forecasts (2010-2015)", analyzes the active and smart packaging market by technology and applications and studies the major market drivers, restraints, and opportunities for the Active and smart packaging technology market in North America, Europe, Asia and ROW.
Browse market data tables and in-depth TOC on Global Active, Smart and Intelligent Packaging Market By Products, Applications, Trends and Forecasts (2010-2015).
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The increasing demand for fresh and quality packaged food, consumer convenience and manufacturers concern for longer shelf life of the food products is driving the market for global active and smart packaging technology for food and beverage market. The global market for active and smart packaging technology in food and beverages is expected to grow to $23.474 million in 2015, at an estimated CAGR of 8.2% from 2010 to 2015.
Amongst all market segments, modified atmosphere packaging commands the largest share in terms of value, while smart and intelligent packaging leads in terms of growth. Freshness indicators and time temperature indicators are the major product segment in smart and intelligent packaging market, which is commanding the largest share due to increased application in packaged food, ready-to-eat meals and frozen food category. In terms of value, the active packaging technology contributes approximately 35% of the global active and smart packaging technology.
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