Food manufacturers across the globe are tapping into the benefits of novel tech-driven packaging systems, increasing the shelf life and safety of food products. The food packaging market is evolving to become interactive, aware, and intelligent, pivoting to what is now called “smart packaging.”
According to Research and Markets, the global food packaging market is expected to reach $562.3 billion by 2030, expanding at a CAGR of 5.5 percent from 2022 to 2030.
A significant reason for this industry’s growth is the increase in food delivery services and the high demand for single-serve and portable food packs.
Food manufacturers are leveraging intelligent packaging by utilizing IoT and big data to establish a dynamic interaction with sensors on the packaging, such as RFID, NFC, Bluetooth, and smart labels. Companies are using these technologies to track and trace packages connected to a network and make informed decisions on-the-fly.
Active packaging is also becoming increasingly popular as it allows customers to gain additional information like nutritional value and monitor the freshness of the product through bar or QR codes. Manufacturers are adopting interactive packaging that improves product safety and security, helping detect counterfeit products or counter shoplifting activity.
This edition of Food and Beverages Tech Review highlights the recent developments in the food packaging arena and insights into how businesses are aligning with these trends to transform legacy practices.
We have curated thought leadership articles from industry experts, including the Security & Safety Director of Confiserie Leonidas and the Global VP of Food Safety at Kerry. We also took a deep dive into the market trends to narrow down the list of companies delivering robust food packaging solutions. Equipped with innovative technological capabilities, companies like WESTERN Innovations Inc, help transform businesses at the cloverleaf of various disruptive technologies.
We hope this edition of Food and Beverages Tech Review on food packaging helps you build the partnership you and your organization need to foster an environment driven by efficient technology
