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Description
Controlled Intelligent Packaging, Preservation and Shelf-Life Extension Market size was valued at USD 442.4, It is growing at a CAGR of 4.9% from 2022 to 2028. The global market provides a detailed overview of the global controlled intelligent packaging preservation and shelf-life extension market, and that can be segmented by product and by application. By product, the global controlled intelligent packaging preservation and shelf-life extension market has been segmented into Microbial growth indicators, Physical shock indicators, Time-temperature indicators, Gas sensing dyes, Sensors. The Microbial growth indicators segment in the intelligent packaging preservation and shelf-life extension market is likely to be the largest and fastest-growing segment in terms of type in 2021 and is expected to maintain the trend in the upcoming years due to high demand for microbial contamination free food. It also helps to detect contamination in meats and raw foods which is further boosting the global market growth. Based on the application, the segment has been segregated into Food and Beverages. The Food segment is expected to dominate other segments in the global market. The beverages segment is expected to witness the highest CAGR during the forecast period according to precision business insights. The packaging of the food and beverages is playing a prominent role in the market. The growing awareness 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.
Key Development:
In Jan 2022, Kerry’s launched new solutions that enable clean label preservation with extended shelf-life.
