The report is designed to provide a holistic view of the Packaging Additives Market . It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; revenue, demands, and supply data (as applicable). Regional estimates and forecasts & trend analysis for eac country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Luxemburg, Rest of Europe, Japan, China, South Korea, India, Australia And New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America UAE, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa, etc.), and region (North America, Europe, Asia-Pacific, Middle East and Africa (MEA), and Latin America) are also available in the study. The impact of the COVID-19, and also forecasts its recovery post-COVID-19.

Data Bridge Market Research analyses that the packaging additives market, which was USD  552.34 million in 2022, would rocket up to USD  786.68  million by 2030 and is expected to undergo a CAGR of 4.52% during the forecast period. 

Top Companies in the Packaging Additives Market

Akzo Nobel N.V. (The Netherlands), ALTANA AG (Germany), Arkema (France), BASF SE (Germany), Verdict Media Limited (U.K.), Avient Corporation (U.S.), Flint Group (Luxembourg), Henkel AG & Co. KGaA (Germany), HuberGroup India Private Limited (India), The Lubrizol Corporation (U.S.), PPG Industries, Inc. (U.S.), Sun Chemical (U.S.), The Sherwin-Williams Company. (U.S.), and Wacker Chemie AG (Germany), among others

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This report segments the Packaging Additives Market are:
Additive Type

  • Antimicrobial Agents

  • Anti-Fog Agents

  • Antistatic Additives

  • Clarifying Agents

  • Oxygen Scavengers

  • UV Stabilizers

  • Others.

Packaging Type

  • Rigid

  • Flexible

  • Others

Substrate

  • Plastics

  • Metals

  • Paper & Paperboards

  • Others

Application

  • Food Applications

  • Fresh Food

  • Chilled Food

  • Frozen Food

  • Dairy Products

  • Baked Goods

  • Snack Foods

  • Confectionery

  • Dried Foods

  • Other Human Food

  • Pet Food

  • Beverages

  • Cold Beverages

  • Hot Beverages

  • Pharmaceuticals & Health Care

  • Cosmetic & Personal Care

  • Others

Drivers

  • Increase in demand for packaged food products

Food that has been prepared in advance and packed to extend its shelf life is referred to as packaged food. The majority of packaged foods are considered convenience foods and are manufactured commercially before being distributed for consumer consumption. The idea of packaged food came about as a consequence of factors including simplicity in handling, preparation, and protection from outside meddling. Foods in packages are easy to handle, prepare, and consume. They are becoming more and more popular since urban inhabitants find them to be so useful in both developed and developing nations. Large consumer goods companies are increasing the number of packaged food launches as they attempt to take advantage of the growing demand for ready-to-cook meals, snacks, edible oils, pulses, and juices in light of the shift in consumer preference from unbranded to branded products since the pandemic's outbreak. A significant factor projected to drive the Packaging Additives Market during the forecast period is an increase in demand for packaged food items as a result of changing consumer lifestyles.

  • Increased demands for excellent antimicrobial properties in various food products

These days, the food industry's top rising concerns are food preservation, quality control, and safety. It is clear that as time goes on, people will continue to want natural food items that adhere to strict safety standards in order to avoid infectious illnesses spread through food. In order to effectively impregnate the antimicrobial into the food packaging film material and then deliver it over the specified period of time to kill the pathogenic microorganisms affecting food products, antimicrobial packaging, which is thought to be a subset of active packaging and controlled release packaging, is one such promising technology. This increases the shelf life of food products by many folds.  

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A reliablePackaging Additives Market survey report is designed with the scrupulous market analysis carried out by a team of industry experts, dynamic analysts, skillful forecasters and well-informed researchers. And not to mention, the report is amazingly characterized by using several charts, graphs, and tables depending on the extent of data and information involved. What is more, influencing factors such as market drivers, market restraints and competitive analysis is studied with the SWOT analysis which is the most established tool when it comes to generate market research report. Businesses can achieve complete knowhow of general market conditions and tendencies with the information and data covered in the winningPackaging Additives Market report.

Significant Features that are under Offering and Key Highlights of the

Reports:

-Detailed overview of Packaging Additives Market
-Changing the Packaging Additives Market dynamics of the industry
-In-depth market segmentation by Type, Application, etc.
-Historical, current, and projected Packaging Additives Market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape ofPackaging Additives Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.

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