The U.S. Food and Drug Administration (FDA) regulates the packaging and labeling of food. The intent of these regulations is to enhance the safety of food distributed throughout the United States and keep consumers informed about the food they're consuming. The FDA classifies any packaging that comes into direct contact with food as a "food contact substance." It is the responsibility of The Office of Food Additive Safety and The Center for Food Safety and Applied Nutrition (CFSAN) to ensure the safety of these food contact substances. This means packaging materials like plastics, coatings, papers, food colorants, and adhesives must be regulated and deemed safe for use. The Environmental Protection Agency (EPA) requires that antimicrobial technology be built into plastic and textiles used in food packaging to prevent the growth of bacteria, mold, mildew, fungi, discoloration and odor.
The article cited AMA's "Global Barrier Packaging Market Study" explored substantial growth in North America and CAGR of 5.5%. According to the report, High Adoption of Convenient and Sustainable Packaging
is one of the primary growth factors for the market. Growing Development in Large Retail Chains
is also expected to contribute significantly to the Barrier Packaging market. Overall, Food Industry
applications of Barrier Packaging, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Technology, such as Polymer Nanocomposites, is boosting the Barrier Packaging market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Material, such as Polyethylene (PE), is boosting the Barrier Packaging market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Barrier Packaging market identified that the demand is rising in many different parts of the world as "Technological Advancements towards Expansion of Advanced and Nano-Based Barrier Packaging
". Furthermore, some recent industry insights like "On 24th April 2019, Amcor has launched AmLite Ultra Recyclable, its first packaging product made from the company’s revolutionary, more sustainable high-barrier polyolefin film." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Barrier Packaging market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Barrier Packaging market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Barrier Packaging market size is calculated using market estimation process, the Barrier Packaging market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Barrier Packaging market size has been validated using both top-down and bottom-up approaches.