Global Controlled Food Packaging Technology Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2022 –2029 |
Market Size (Base Year) |
USD 13.11 Billion |
Market Size (Forecast Year) |
USD 25.18 Billion |
CAGR |
|
Major Markets Players |
Global Controlled Food Packaging Technology Market, By Material (Metal, Glass and Wood, Paper and Paperboard and Plastics, Others), Equipment (Form-Fill-Seal, Filling and Dosing, Cartooning, Case packaging, Wrapping and Bundling, Labelling and Coding, Inspecting, Detecting, and Check weighing machines and Others), Application (Dairy and Dairy Products, Bakery Products, Confectionery Products, Poultry, Seafood and Meat Products, Convenience Foods, Fruits and vegetables and Others), – Industry Trends and Forecast to 2029
Controlled Food Packaging Technology Market Analysis and Size
The demand for controlled food packaging technology market is expected to increase throughout the forecast period as a result of the rising need for fresh and high-quality food products. In addition, rising automation technology integration, higher demand for ready-to-eat food products, and flexible machinery contribute to the market's expansion.
Data Bridge Market Research analyses that the controlled food packaging technology market was valued at USD 13.11 billion in 2021 and is expected to reach the value of USD 25.18 billion by 2029, at a CAGR of 8.50% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Report Scope and Market Segmentation
Report Metric |
Details |
Forecast Period |
2022 to 2029 |
Base Year |
2021 |
Historic Years |
2020 (Customizable to 2014 - 2019) |
Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered |
Material (Metal, Glass and Wood, Paper and Paperboard and Plastics, Others), Equipment (Form-Fill-Seal, Filling and Dosing, Cartooning, Case packaging, Wrapping and Bundling, Labelling and Coding, Inspecting, Detecting, and Check weighing machines and Others), Application (Dairy and Dairy Products, Bakery Products, Confectionery Products, Poultry, Seafood and Meat Products, Convenience Foods, Fruits and vegetables and Others) |
Countries Covered |
U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Market Players Covered |
Syntegon Technology GmbH (Germany), Coesia S.P.A (Italy), GEA Group Aktiengesellschaft (Germany), MULTIVAC Group (Germany), IMA Group (U.S.), Krones AG (Germany), Tetra Laval Group (Switzerland), OPTIMA Packaging Group GmbH (Germany), ARPAC LLC (U.S.), Ishida Co. Ltd (Japan), Omori Machinery Co. Ltd. (Japan), and TNA Solutions Pty Ltd. (Australia) |
Opportunities |
|
Market Definition
The packaging process is based on the use of equipment and technology to preserve products and keep them fresh for a longer period of time. Transporting and distributing packaged food from one location to another is simpler. Packaging also aids in preventing product contamination and distinguishing between product varieties and brands.
Global Controlled Food Packaging Technology Market Dynamics
Drivers
- Increasing hygiene standards in food and beverage industry
Rising health awareness, consumption of healthy foods, and an increase in hygiene standards are propelling the controlled food packaging technology market forward. A rise in consumer preference for packaged foods and an increase in demand for fresh and high-quality food is expected to drive market growth.
- Continuous product development combined with rising research and development
Adoption of effective and advanced packaging techniques and increased food shelf life are factors driving the growth of the controlled food packaging technology market. Continuous development of packaging designs, as well as increased investment in R&D, all contribute to growth. Plastic pollution has increased environmental awareness among consumers, who are reducing their use of plastic products. Furthermore, strict government regulations are being implemented to eliminate the use of plastics in packaging and replace it with biodegradable packaging.
Opportunities
Due to the food and beverage industry is shifting toward convenient food packaging, the food packaging technology market is expected to benefit significantly. Packaging's emergence as a tool for product differentiation is expected to create untapped opportunities for market participants.
Restraints
The rising development costs of food packaging technology and equipment, as well as the increasing occurrences of counterfeit packaging and ensuring the correct mixture of gases in controlled environment packaging, are the major factors acting as restraints, and will further challenge the controlled food packaging technology market during the forecast period.
This controlled food packaging technology market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the controlled food packaging technology market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Controlled Food Packaging Technology Market
The Covid-19 outbreak did put a halt to the next food packaging technology market. However, the healthcare and food industries continued to thrive and are expected to maintain their winning streaks throughout the forecast period. This could be attributed to increased public awareness of the importance of hygiene, particularly in the post-Covid era. With smart devices incorporated, the next-generation packaging market is expected to experience a positive upscaling during the forecast period.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent developments
- On November 28, 2019, GEA introduced the GEA PowerPak PLUS thermoforming machine and compatible GEA DualSlicer, which help to reduce film waste. Both machines are dependable, simple to use, and provide stable processes.
- On December 16, 2019, ISHIDA introduced autonomous packaging for snack foods, which aids in increasing productivity and product quality.
- on November 13, 2019, Omori Machinery Co., Ltd. acquired 45 percent of Beijing Omori Changkong Packing Machinery Co., Ltd. The company provides packaging machines as well as engineering services.
Global Controlled Food Packaging Technology Market Scope
The controlled food packaging technology market is segmented on the basis of material, equipment and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Equipment
- Form-Fill-Seal
- Filling and Dosing
- Cartoning
- Case packaging
- Wrapping and Bundling
- Labelling and Coding
- Inspecting
- Detecting
- Check weighing machines
- Others
Material
- Metal
- Glass & Wood
- Paper & Paperboard
- Plastics
- Others
Application
- Bakery products
- Confectionery products
- Dairy & Dairy Products
- Poultry
- Seafood
- Meat Products
- Convenience Foods
- Fruits & Vegetables
- Others
Controlled Food Packaging Technology Market Regional Analysis/Insights
The controlled food packaging technology market is analysed and market size insights and trends are provided by country, material, equipment and application as referenced above.
The countries covered in the controlled food packaging technology market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the controlled food packaging technology and equipment market.
North America is expected to be the fastest growing region in terms of food packaging technology and equipment market growth, owing to increased investment in R&D for food processing equipment, continuous technological advancements, and rising consumer awareness about the consumption of healthy food products.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Controlled Food Packaging Technology Market Share Analysis
The controlled food packaging technology market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to controlled food packaging technology market.
Some of the major players operating in the controlled food packaging technology market are:
- Syntegon Technology GmbH (Germany)
- Coesia S.P.A (Italy)
- GEA Group Aktiengesellschaft (Germany)
- MULTIVAC Group (Germany)
- IMA Group (U.S.)
- Krones AG (Germany)
- Tetra Laval Group (Switzerland)
- OPTIMA Packaging Group GmbH (Germany)
- ARPAC LLC (U.S.)
- Ishida Co. Ltd (Japan)
- Omori Machinery Co. Ltd. (Japan)
- TNA Solutions Pty Ltd. (Australia)
SKU-
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.