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(Medical-NewsWire.com, June 11, 2018 ) Global controlled intelligent packaging, preservation and shelf-life extension market for food and beverages market was valued at US$ XX Mn in 2017 and expected to grow at XX% Compound Annual Growth Rate (CAGR) over 2018 and 2024
Market Outline: Controlled Intelligent Packaging, Preservation and Shelf-Life Extension Market for Food and Beverages
The packaging of the food and beverages is playing a prominent role in the market. The growing attentiveness among consumers towards ingestion of fresh products which has extended shelf life is compelling the manufacturer in adoption of safe packaging. New technologies are developed in response to the consumer needs which is propelling the manufacturers to adopt the modern techniques of packing, preserving and self-life extension. The packaging plays a key role in the maintenance of the texture and freshness of the product.
Market Dynamics: Controlled Intelligent Packaging, Preservation and Shelf-Life Extension Market for Food and Beverages
Increase in the demand for quality packaged food is the major factor responsible for the growth of the controlled intelligent packaging, preservation and shelf-life extension market. The changing global trends towards frozen products likely to enhance the growth of the market. The awareness among the population about the components in the product and the way of storage of the product is adding fuel to the market revenue growth. Coming to the fruits and vegetable packaging the fresh-cut produce is leading the market. The conventional film packaging is used in case of the prepared salads or lettuce. The modern packing techniques are helping in the extension of shelf life which is a key factor influencing the growth of the controlled intelligent packaging, preservation and shelf-life extension market.
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Market Scope: Controlled Intelligent Packaging, Preservation and Shelf-Life Extension Market for Food and Beverages
Controlled intelligent packaging, preservation and shelf-life extension market for food and beverages is segmented based on the product and applications
Based on the product, the market is segmented into the following:
• Microbial growth indicators
• Physical shock indicators
• Time-temperature indicators
• Gas sensing dyes
• Sensors
Based on the application, the market is segmented into the following:
• Food
o Fruits
o Vegetables
o Meat
o Others
• Beverages
o Fruits juice
o Beer
o Wine
o Others
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Regional Analysis: Controlled Intelligent Packaging, Preservation and Shelf-Life Extension Market for Food and Beverages
Geographically, global controlled intelligent packaging, preservation and shelf-life extension market for food and beverages market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America controlled intelligent packaging, preservation and shelf-life extension market for food and beverages market is growth driven by higher usage of the ready to eat food and beverage products. The developing technology has laid foundation for the innovation of modern techniques that are intended for packaging, preservation and shelf-life. The advent of the modern techniques are attracting the consumers such as intelligent labelling and printing which allows the customer in providing visual information regarding the product, which is likely to enhance the growth of the controlled intelligent packaging, preservation and shelf-life extension market for food and beverages market. However, the limited availability of the packaging materials is likely to hinder the growth of the controlled intelligent packaging, preservation and shelf-life extension market for food and beverages market.
Competition Assessment: Controlled Intelligent Packaging, Preservation and Shelf-Life Extension Market for Food and Beverages
Some of the players in the global controlled intelligent packaging, preservation and shelf-life extension market for food and beverages market include:
• Cargill Inc. (U.S)
• Nestlé (Switzerland)
• DuPont (U.S)
• Tetra Pak (Switzerland)
• International Paper Co (U.S)
• Crown Holdings Inc. (U.S)
• Bemis Company Inc. (U.S)
• Tyson Foods Inc. (U.S)
Notable Market Developments: Controlled Intelligent Packaging, Preservation and Shelf-Life Extension Market for Food and Beverages
• In February 2018, Nestlé Pure Life Purified Water, introduced 700-mL bottle made from 100 percent food-grade recycled plastic, known as rPET
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Key Features of the Report:
• The report covers exhaustive regional information, that includes North America (the USA and Canada), Europe (Germany, France, Italy, UK, Spain, Russia, Poland and Rest of Europe), Asia-Pacific (Japan, China, India, Australia & New Zealand, ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others), South Korea, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentian, Venezula, and Rest of Latin America), and Middle East and Africa (Gulf Cooperation Council (GCC) Countries, Israel, South Africa, and Rest of Middle East and Africa)
• The report provides granular level information about the market size, regional market share, historic market (2013-2017) and forecast (2018-2024)
• The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
• The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
• The report tracks recent innovations, key developments and startup’s details that are actively working in the market
• The report provides a plethora of information about market entry strategies, regulatory framework and reimbursement scenario
• The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Get access to full summary @https://www.precisionbusinessinsights.com/market-reports/controlled-intelligent-packaging-preservation-and-shelf-life-extension-market/
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