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Packaging helps grow global preservation markets

New BCC Research report forecasts growth around the world as packaging developments preserve foods and beverages.
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FILED IN:  Package Feature  > Shelf life
     

A March 2013 report, “Global Markets For Controlled Intelligent Packaging, Preservation And Shelf-Life Extension For Food and Beverages,” from BCC Research notes, “The flourishing food and beverage industry depends on appropriate preservation and packaging techniques. Food safety is the key aspect that drives this market, and it drives ongoing developments in novel and innovative preservation techniques to be incorporated in everyday food.”

Available in an electronic PDF from for $5,450, the report provides the following information:

• A shift in consumer food preferences, multicultural food habits, globalization factors, the multinational work culture, increased spending capacity, trade regulations and processes, and other factors have forced food processors and manufactures to intensify development of advanced scientific processes in food preservation, packaging, and shelf-extending techniques, as well as presentation elements.

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• Fresh food such as fruits and vegetables are the most important sources of human nutrition, and it is all the more necessary to consume fresh produce to maintain good health in light of today’s stressful and demanding lifestyles. This increasing demand for fresh natural food has led to the development of inventive and natural preservatives by the manufactures. From preservation to advanced packaging, refrigeration or freezing, manufacturers and processors are utilizing all resources to ensure that foods and beverages attain and retain their highest level of taste, freshness, safety, and health to satisfy consumer demand.

• During 2010 through 2012, various companies came forward with innovative packaging products. In the packaging arena, consistent improvements were made through the examined period. Advancements were seen in conventional packaging, like canning and bottling that utilized smart and advanced packaging that modified and controlled atmosphere, and intelligent packaging that utilized quality sensors or interactive packaging techniques.

• There was a boost in the frozen foods market due to the increased consumption of functional and on-the-go food. Complementary to that are the thermally processed foods that require heating of preprocessed foods. Preservation techniques such as encapsulation, irradiation, and others came about. More applications were found due to increased consumer awareness of informed packaging. Collaborative efforts and development of research organizations are adding to further enhancement in preservation techniques.

• The total growth in the global preservation markets (including preservatives, packaging, and other shelf-life extenders) was good during 2010 to 2011, and an estimated compound annual growth rate (CAGR) of 3.3% is forecast for 2012 through 2017.

• Food and beverage packaging was the leader with more than $267.4 billion in revenue in 2011. The increase is anticipated to be at a 2.1% CAGR through 2017. The chilling and heating market occupied the next-highest slot in the global preservation market with a sales figure of nearly $113.9 billion during 2011, rising from about $110.1 billion in 2010. The sales for encapsulation, irradiation, and other preservation techniques were nearly $43.9 billion in 2011, and the CAGR from 2012 through 2017 is expected to be 8.4%, which is promising. Food preservatives accounted for sales of nearly $3 billion during 2011, and the projected market value will be nearly $4.4 billion in 2017, for a five-year CAGR of 6.7%.

The report offers insights regarding the market size, market leaders, product offerings, and elements that affect the market of food and beverage preservatives and shelf-life extenders from the perspective of their applications within the food and beverage, as well as the packaging, industries.

This report encompasses the detailed definitions, production, sales estimations, and markets for various preservatives and extenders; their relevant use in food and beverage products; and the functions of preservatives and extenders that can help processors strategize solutions that best fit the marketing of their products. The report also covers various aspects of market inventions, the challenges, and the future needs of the market. The usage, advantages, and disadvantages of the various types of preservatives, packaging, and extenders also are examined in this report.

A broad analysis of the sales for preservative, packaging, and shelf-life extenders are broken down by the regions such as North America, Europe, and emerging markets. Sales figures are approximated for the five-year period from 2012 through 2017.

BCC Research is a leading publisher of market research reports and technical publications. Forthcoming report information can be found at BCC’s Web site or at BCC Research LLC, 49 Walnut Park, Building 2, Wellesley, MA. Phone: 866.285.7215.

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