Smart Food Packaging Market

The smart food packaging market is estimated to be valued at USD 26.42 billion in 2024 and poised to achieve an 6.2% CAGR, reaching USD 35.69 billion by 2029, and is experiencing transformative shifts and innovations. The global smart food packaging market is witnessing a healthy rise due to the demand among consumers for sustainability, convenience, and better food safety. As consumers become increasingly ecologically conscious, they move toward more eco-friendly packaging materials, such as biodegradable, recyclable, and even edible packaging. Moreover, the increase in food ordering through online delivery services as well as e-commerce further creates demands for packaging solutions that ensure food freshness and food safety during transit.

Technological innovations such as temperature sensors, RFID tags, and intelligent packaging that enhance shelf-life and reduce food wastage are shaping the industry. The companies are being compelled to come up with sustainable packaging solutions due to regulatory pressures to reduce plastic use and minimize food waste. Market players are also looking into enhancing consumer engagement through interactive packaging, which promises a very bright future for the smart food packaging market across regions.

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Amcor plc (Switzerland)

Amcor Plc, headquartered in Switzerland, is a global leader in packaging solutions, offering a diverse portfolio of flexible packaging, rigid containers, specialty cartons, closures, and packaging equipment. Serving industries like food, beverages, healthcare, and personal care, Amcor operates across 212 sites in 40 countries, including Europe, North America, and Asia-Pacific. The company emphasizes innovation and sustainability, delivering high-performance, eco-friendly packaging to meet diverse consumer and industrial needs. In August 2024, Amcor launched AmFiber Performance Paper in North America, a curbside-recyclable, high-barrier paper packaging solution. This active packaging innovation offers enhanced barrier properties and easy recyclability, aligning with consumer demand for sustainable packaging while maintaining operational efficiency. Additionally, Amcor's IMPRESSIONS technology, introduced in November 2021, integrates QR codes or logos into closure liners, enabling interactive consumer engagement. These advancements position Amcor as a frontrunner in the smart food packaging market, enhancing functionality, sustainability, and digital connectivity

Sealed Air (US)

Sealed Air Corporation (SEE) is a leading global provider of high-performance packaging solutions, specializing in materials, automation, and services that enhance food safety, protect goods, and optimize packaging processes. Its portfolio includes renowned brands such as CRYOVAC for food packaging, LIQUIBOX® for liquid systems, and BUBBLE WRAP® for cushioning. Serving industries like food, healthcare, e-commerce, and logistics, SEE operates 105 manufacturing facilities in 115 countries across the Americas, EMEA, and APAC. In January 2024, SEE launched the CRYOVAC® compostable overwrap tray in the U.S., revolutionizing smart food packaging. Made from USDA-certified resin, this tray is a sustainable alternative to EPS foam, offering strength, performance, and industrial compostability. Additionally, in October 2022, SEE expanded its presence in Brazil with a facility providing innovative food packaging solutions, enhancing customer collaboration and addressing regional needs. These advancements highlight SEE's commitment to innovation, sustainability, and eco-friendly solutions in the smart food packaging market.

Mondi (UK)

Mondi Limited is a global leader in innovative and sustainable paper and multi-packaging solutions, with operations spanning the entire value chain from wood cultivation to advanced packaging. The company serves diverse markets, including Consumer and Retail, where its Flexible Packaging segment delivers smart food packaging solutions. Mondi focuses on providing recyclable, compostable, and environmentally friendly packaging tailored to customer needs across North America, Europe, Asia, and Africa. In December 2022, Mondi collaborated with FRESH!PACKING to launch the Fresh!Bag, a recyclable kraft paper cooler bag made from renewable materials, addressing the growing demand for sustainable food packaging. Additionally, the company opened FlexStudios in Steinfeld, Germany, a state-of-the-art innovation hub for advancing eco-friendly flexible packaging solutions.

Related Reports:

Smart Food Packaging Market by Type (Active Packaging, Intelligent Packaging, Modified Atmosphere Packaging, Edible Packaging), Application, Functionality, Material and Region - Global Forecast to 2029

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