食品用スマートパッケージング市場 – 2029年までの世界予測

Smart Food Packaging Market - Global Forecast to 2029

食品用スマートパッケージング市場 - タイプ(アクティブパッケージング、インテリジェントパッケージング、ガス置換包装、可食包装)、用途、機能性、材料および地域別 - 2029年までの世界予測
Smart Food Packaging Market by Type (Active Packaging, Intelligent Packaging, Modified Atmosphere Packaging, Edible Packaging), Application, Functionality, Material and Region - Global Forecast to 2029

商品番号 : SMB-71683

出版社MarketsandMarkets
出版年月2025年1月
ページ数305
図表数304
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The global smart food packaging market size is estimated to be valued at USD 26.42 billion in 2024 and is projected to reach USD 35.69 billion by 2029 at a CAGR of 6.2%. According to Mondi (UK) 2023 report, the global packaging market is valued at approximately USD 1 trillion annually, with Europe and North America accounting for nearly half of this demand.

世界の食品用スマートパッケージングの市場規模は、2024 年に 264 億 2000 万米ドルと推定され、CAGR 6.2% で 2029 年までに 356 億 9000 万米ドルに達すると予測されています。 Mondi (英国) の 2023 年レポートによると、世界の包装市場は年間約 1 兆米ドルと評価されており、ヨーロッパと北米がこの需要のほぼ半分を占めています。

スマート食品包装市場 - 2029年までの世界予測
smart-food-packaging-market1

Paper-based and plastic-based packaging each comprise about 40% of the global market, while metal and glass constitute the remainder. Consumer applications, such as food, beverages, health care, and cosmetics, account for about 60% of global packaging demand, while industrial and transport uses account for 40%. The growth of the packaging market is estimated to be 2-4% structurally through economic cycles, driven by GDP, changes in consumption trends, and a growing demand for sustainable products and eCommerce expansion.

紙ベースとプラスチックベースのパッケージはそれぞれ世界市場の約 40% を占め、残りは金属とガラスで占められています。食品、飲料、ヘルスケア、化粧品などの消費者向け用途は世界の包装需要の約 60% を占め、産業用および輸送用途は 40% を占めます。パッケージング市場の成長は、GDP、消費傾向の変化、持続可能な製品と電子商取引の拡大による需要の高まりによる景気循環を通じて構造的に2〜4%と推定されています。

This consistent growth of the global packaging market highly drives the smart food packaging industry, which is particularly based on a demand for solutions that support food safety, extended shelf life, and sustainability. Some of the major opportunities in the industry result from the growing need for intelligent and active packaging technologies, Modified Atmosphere Packaging (MAP), nanotechnology, and biodegradable solutions. The complexities of the global food supply chain, increasing urbanization, and a drive to reduce food waste contribute to a high demand for innovative packaging. In addition, the thrust to green packaging solutions in relation to sustainability objectives supports smart packaging adoption globally, hence setting it for strong growth.

Disruptions in Smart Food Packaging Market:

  • Integration of IoT and Smart Sensors: The Internet of Things (IoT) and digital technologies such as QR codes, NFC tags, and RFID sensors enable real-time tracking and traceability and interaction with the consumer, are changing the face of smart food packaging. IoT-enabled smart labels monitor temperature, humidity, and food freshness for safety and reduced food waste. These technologies also involve consumers by providing them with detailed product information and transparency via smartphones. This disruption brings about growth in connected packaging solutions that assist brands to improve customer experience, guarantee quality control, and increase trust in the supply chain.
  • Growth of Biodegradable and Edible Packaging: The growth of biodegradable and edible packaging mirrors the growing demand for sustainable alternatives in the packaging industry. With plastic pollution concerns increasing, these innovations provide an environmentally friendly solution that maintains food safety and prolongs shelf life. Biodegradable packaging is made from natural materials such as seaweed, starch, and proteins and breaks down safely. Edible packaging enhances convenience by providing consumers with the option of having waste-free consumption. This disruptive trend, therefore, aligns with the regulatory pressure and consumer preferences for sustainability, positioning brands to capitalize on growing opportunities in the market for innovation and environmental responsibility.

“Intelligent packaging is expected to have highest CAGR in the packaging type segment throughout the forecast period.”

Rapid expansion in the intelligent packaging market is influenced by advancements in technology, increasing demand from consumers for convenience, and awareness regarding food safety. Some key technologies are sensors, RFID, and temperature indicators. These enable real-time monitoring that ensures freshness and minimizes the risk of spoilage. It caters to the interests of both consumers and businesses, thus promoting market growth furthered by the growing trend of e-commerce and efficient management of the supply chain. The adoption of this product is very high in North America and Europe because of strict food safety norms and demand for sustainable packaging solutions. On the other hand, Asia-Pacific has been growing rapidly because of the rate of urbanization, consumer preference changes, and an increase in retail businesses. Prominent players like Amcor plc (Switzerland), Sealed Air (US), and THE TETRA LAVAL GROUP (Switzerland) have capitalized on these opportunities.

“Plastic holds largest market share by material segment in the smart food packaging market.”

Plastic is the leader of the market in terms of material in the smart food packaging market because of the characteristics such as versatility, low price, and durability. Plastics can be molded into different forms; besides, they are also known for their lightweight properties. In active and intelligent packaging applications, plastics are highly ideal due to these properties. Polyethylene, polypropylene, and PET are used widely due to their barrier properties, with pliable characteristics, preventing any contamination risks and ensuring food safety, and longer shelf life. Advancements in recyclable and biodegradable plastics are gaining momentum along with the increase in environmental concerns, hence driving demand for sustainable packaging solutions. North America and Asia-Pacific are the significant adopters of plastic-based smart packaging, which is further fueling the growth of the market.

“The North America accounts for largest market share in the region in the smart food packaging market.”

The North American smart food packaging market is set to experience growth with increasing factors like food sales and demand for sustainable, convenient, and safe packaging solutions. As reported by the USDA in November 2023, in 2019, the retail food stores in the U.S. sold USD 717 billion of food and nonfood products, with grocery stores selling 92.1% of these. This strong market serves to illustrate the demand for packaging that will serve the needs of large food retailers.

The USDA, in its report of November 2024, further mentioned that agriculture, food, and related industries contributed approximately USD 1.530 trillion in 2023 to the U.S. GDP. This totals 5.6 percent of the economy. This demonstrates the food industry’s importance in the economy and further calls for effective packaging solutions for efficiency and sustainability.

As the North American food sector continues to expand, particularly in grocery and specialty stores, the need for advanced food packaging solutions is expected to rise. Technologies like active packaging, modified atmosphere packaging, and intelligent packaging are meeting consumer demands for extended shelf life, food safety, and traceability. Moreover, heightened awareness around food and plastic waste is creating opportunities for developing more sustainable packaging alternatives. The growth of this market is fueled by technological innovations and a shift in consumer preference toward environmentally friendly packaging options.

スマート食品包装市場 - 2029年までの世界予測 region
smart-food-packaging-market-region1

The break-up of the profile of primary participants in the smart food packaging market:

  • By Company Type: Tier 1 – 55%, Tier 2 – 25%, and Tier 3 – 20%
  • By Designation: Directors – 15%, Managers- 25% and Others – 60%
  • By Region: North America – 40%, Europe – 35%, Asia Pacific – 20%, and Rest of the World – 5%

Prominent companies include Amcor plc (Switzerland), Mondi (UK), Sealed Air (US), Berry Global Inc. (US), Toyo Seikan Group Holdings, Ltd. (Japan), THE TETRA LAVAL GROUP (Switzerland), Crown (US), 3M (US), MITSUBISHI GAS CHEMICAL COMPANY, INC. (Japan), Multisorb (US), Huhtamäki Oyj (Finland), Timestrip UK LTD (UK), Stepac (Israel), Checkpoint Systems, Inc. (US), and Novipax Buyer, LLC (US) among others.

スマート食品包装市場 - 2029年までの世界予測 ecosystem
smart-food-packaging-market-ecosystem

Research Coverage:

This research report categorizes the smart food packaging market by Packaging Type (Active Packaging, Intelligent Packaging, Modified Atmosphere Packaging, Bioactive Packaging and Other Packaging Type), Application (Beverages, Fruits & Vegetables, Meat, Poultry & Seafood, Baked & Confectionary Products, Milk & Dairy Products, Processed Foods and Other Applications), Functionality (Barrier Protection, Moisture and Gas Control, Temperature Regulation, Food Safety Monitoring, Shelf-Life Extension, Consumer Interaction and Engagement and Product Authentication), Material (Plastic, Paper & Paperboard, Metal, Glass and Other Material Types), and Region (North America, Europe, Asia Pacific, South America, and Rest of the World).

The report covers information about the key factors, such as drivers, restraints, opportunities, and challenges impacting the growth of the smart food packaging market. It also provides a detailed analysis of the major players in the market, including their business overview, products offered; key strategies; partnerships, new product launches, expansions, and acquisitions. Competitive benchmarking of upcoming startups in the smart food packaging market is covered in this report.

Reasons to buy this report:

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall smart food packaging market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers (Technological advancements enabling smart features like temperature sensors and freshness indicators, and Rising consumer preference for convenience and extended shelf life of packaged food), restraints (Limited infrastructure for recycling smart packaging materials globally, and Consumer resistance to adopting new packaging solutions due to unfamiliarity), opportunities (Development of biodegradable and edible packaging to replace traditional plastic packaging, Expansion of e-commerce driving demand for smart packaging in food deliveries, and Increasing regulatory pressure encouraging the adoption of sustainable food packaging solutions), and challenges (Ensuring cost-effective production while maintaining high-tech features in smart packaging) influencing the growth of the smart food packaging market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the smart food packaging market.
  • Market Development: Comprehensive information about lucrative markets – the report analyses the smart food packaging market across varied regions.
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the smart food packaging market.

Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading smart food packaging market players such as Amcor plc (Switzerland), Mondi (UK), Sealed Air (US), Berry Global Inc. (US), Toyo Seikan Group Holdings, Ltd. (Japan), THE TETRA LAVAL GROUP (Switzerland), Crown (US), 3M (US), MITSUBISHI GAS CHEMICAL COMPANY, INC. (Japan), Multisorb (US), Huhtamäki Oyj (Finland), Timestrip UK LTD (UK), Stepac (Israel), Checkpoint Systems, Inc. (US), and Novipax Buyer, LLC (US) among others. The report also helps stakeholders understand the smart food packaging market and provides them with information on key market drivers, restraints, challenges, and opportunities.

Table of Contents

1               INTRODUCTION              28

1.1           STUDY OBJECTIVES       28

1.2           MARKET DEFINITION   28

1.3           STUDY SCOPE   29

1.3.1        MARKET SEGMENTATION           29

1.3.2        INCLUSIONS & EXCLUSIONS       30

1.3.3        YEARS CONSIDERED      31

1.4           CURRENCY CONSIDERED            31

1.5           STAKEHOLDERS               32

2               RESEARCH METHODOLOGY       33

2.1           RESEARCH DATA              33

2.1.1        SECONDARY DATA          34

2.1.1.1    Key data from secondary sources       34

2.1.2        PRIMARY DATA 35

2.1.2.1    Key data from primary sources           35

2.1.2.2    Key industry insights           35

2.1.2.3    Breakdown of primary interviews      36

2.2           MARKET SIZE ESTIMATION         36

2.2.1        BOTTOM-UP APPROACH              37

2.2.2        TOP-DOWN APPROACH                38

2.3           DATA TRIANGULATION                39

2.4           RESEARCH ASSUMPTIONS           40

2.5           LIMITATIONS AND RISK ASSESSMENT   40

3               EXECUTIVE SUMMARY  41

4               PREMIUM INSIGHTS       47

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SMART FOOD PACKAGING MARKET       47

4.2           NORTH AMERICA: SMART FOOD PACKAGING MARKET,

BY PACKAGING TYPE AND COUNTRY    48

4.3           SMART FOOD PACKAGING MARKET: REGIONAL SNAPSHOT          49

4.4           SMART FOOD PACKAGING, BY MATERIAL AND REGION                 50

4.5           SMART FOOD PACKAGING MARKET, BY FUNCTIONALITY AND REGION 51

4.6           SMART FOOD PACKAGING MARKET, BY APPLICATION AND REGION     52

5               MARKET OVERVIEW       53

5.1           INTRODUCTION              53

5.2           MACROECONOMIC OUTLOOK  53

5.2.1        RISING REGULATORY PRESSURES AND FOOD SAFETY STANDARDS      53

5.3           MARKET DYNAMICS       56

5.3.1        DRIVERS               56

5.3.1.1    Advancements in IoT and sensor technology  56

5.3.1.2    Blockchain technology revolutionizing food supply chains                 57

5.3.1.3    Companies’ adoption of RFID technology in food safety and supply chain management   58

5.3.1.4    Growing awareness of plastic waste driving demand for biodegradable edible packaging from natural polymers like seaweed and starch      58

5.3.2        RESTRAINTS      59

5.3.2.1    Lack of consumer awareness in developing markets       59

5.3.2.2    Consumer privacy concerns                60

5.3.3        OPPORTUNITIES              60

5.3.3.1    Increased demand for cold chain monitoring   60

5.3.3.2    Food authentication and anti-counterfeiting   61

5.3.4        CHALLENGES    62

5.3.4.1    High initial costs  62

5.4           IMPACT OF GEN AI ON SMART FOOD PACKAGING                 63

5.4.1        INTRODUCTION              63

5.4.2        APPLICATIONS OF AI IN SMART PACKAGING     63

6               INDUSTRY TRENDS         64

6.1           INTRODUCTION              64

6.2           VALUE CHAIN   64

6.2.1        RAW MATERIAL SOURCING         64

6.2.2        MANUFACTURING OF PACKAGING COMPONENTS                 64

6.2.3        QUALITY CONTROL AND TESTING         65

6.2.4        PACKAGING ASSEMBLY 65

6.2.5        DISTRIBUTION AND LOGISTICS                65

6.2.6        END-USER INTERACTION AND DISPOSAL            65

6.2.7        DATA INTEGRATION AND ANALYSIS (DIGITAL SUPPLY CHAIN) 65

6.3           SUPPLY CHAIN 66

6.4           TRENDS IMPACTING CUSTOMER BUSINESS        67

6.5           PRICING ANALYSIS          68

6.5.1        AVERAGE SELLING PRICE TREND ANALYSIS       68

6.6           MARKET MAPPING AND ECOSYSTEM OF SMART FOOD PACKAGING       69

6.6.1        DEMAND SIDE  69

6.6.2        SUPPLY SIDE     69

6.7           TRADE DATA     71

6.8           PORTER’S FIVE FORCES ANALYSIS           72

6.8.1        INTENSITY OF COMPETITIVE RIVALRY 73

6.8.2        BARGAINING POWER OF SUPPLIERS       73

6.8.3        BARGAINING POWER OF BUYERS             73

6.8.4        THREAT OF SUBSTITUTES          74

6.8.5        THREAT OF NEW ENTRANTS      74

6.9           TECHNOLOGY ANALYSIS             75

6.9.1        KEY TECHNOLOGY         75

6.9.1.1    Nanotechnology    75

6.9.1.2    Self-healing packaging         75

6.9.2        COMPLEMENTARY TECHNOLOGY           75

6.9.2.1    Augmented reality (AR)      75

6.9.2.2    AI & machine learning         75

6.9.3        ADJACENT TECHNOLOGY           76

6.9.3.1    Recycling & circular economy innovation         76

6.10         PATENT ANALYSIS          76

6.11         TARIFF AND REGULATORY LANDSCAPE               77

6.11.1      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             78

6.11.2      SMART FOOD PACKAGING REGULATIONS IN NORTH AMERICA             80

6.11.2.1  US           80

6.11.2.2  Canada   80

6.11.3      SMART FOOD PACKAGING REGULATIONS IN EUROPEAN UNION          81

6.11.4      SMART FOOD PACKAGING REGULATIONS IN ASIA PACIFIC                81

6.11.4.1  China      81

6.11.4.2  India       82

6.12         CASE STUDIES  83

6.13         KEY CONFERENCES AND EVENTS             84

6.14         KEY STAKEHOLDERS AND BUYING CRITERIA     85

6.14.1      KEY STAKEHOLDERS IN BUYING PROCESS           85

6.14.2      BUYING CRITERIA           86

7               SMART FOOD PACKAGING MARKET, BY APPLICATION                 87

7.1           INTRODUCTION              88

7.2           BEVERAGES        90

7.2.1        IMPROVED QUALITY, FRESHNESS, AND SUSTAINABILITY TO DRIVE MARKET      90

7.3           FRUITS & VEGETABLES 91

7.3.1        ENHANCED FRESHNESS AND REDUCED WASTE TO DRIVE GROWTH               91

7.4           MEAT, POULTRY & SEAFOOD    92

7.4.1        FOOD QUALITY AND SAFETY IN MEAT, POULTRY, AND SEAFOOD MARKETS TO DRIVE GROWTH              92

7.5           BAKED & CONFECTIONERY PRODUCTS                 93

7.5.1        ENHANCED FOOD FRESHNESS AND SHELF-LIFE EXTENSION TO DRIVE MARKET                93

7.6           MILK & DAIRY PRODUCTS           95

7.6.1        ENHANCED FOOD SAFETY AND SUSTAINABILITY TO DRIVE GROWTH               95

7.7           PROCESSED FOODS        96

7.7.1        INCREASED PRODUCTION AND CONSUMPTION OF PROCESSED FOODS TO DRIVE DEMAND              96

7.8           OTHER APPLICATIONS 97

8               SMART FOOD PACKAGING MARKET, BY FUNCTIONALITY             99

8.1           INTRODUCTION              100

8.2           BARRIER PROTECTION 101

8.2.1        ENHANCED FOOD QUALITY AND SAFETY THROUGH ADVANCED BARRIER PROTECTION TO DRIVE DEMAND                 101

8.3           MOISTURE & GAS CONTROL       102

8.3.1        OPTIMIZED FOOD FRESHNESS WITH ADVANCED MOISTURE & GAS CONTROL TO DRIVE GROWTH             102

8.4           TEMPERATURE REGULATION   103

8.4.1        ENHANCED COLD CHAIN EFFICIENCY WITH ADVANCED TEMPERATURE REGULATION TO DRIVE MARKET                 103

8.5           FOOD SAFETY MONITORING     104

8.5.1        ADVANCING FOOD SAFETY WITH REAL-TIME MONITORING TO DRIVE DEMAND          104

8.6           SHELF-LIFE EXTENSION                105

8.6.1        ENHANCED FOOD QUALITY AND REDUCED WASTAGE TO DRIVE MARKET         105

8.7           CONSUMER INTERACTION AND ENGAGEMENT                 106

8.7.1        EVOLVING RETAIL AND CONSUMER EXPERIENCE TO DRIVE RFID AND NFC PACKAGING          106

8.8           PRODUCT AUTHENTICATION   107

8.8.1        ENHANCED PRODUCT INTEGRITY WITH ADVANCED AUTHENTICITY AND TRACEABILITY PACKAGING TECHNOLOGIES TO DRIVE DEMAND     107

9               SMART FOOD PACKAGING MARKET, BY MATERIAL                 109

9.1           INTRODUCTION              110

9.2           PLASTIC               111

9.2.1        COST-EFFECTIVENESS AND EASY AVAILABILITY TO DRIVE MARKET 111

9.3           PAPER & PAPERBOARD 112

9.3.1        ECO-FRIENDLY INNOVATION AND SUSTAINABILITY TO DRIVE GROWTH               112

9.4           METAL 113

9.4.1        DURABILITY AND INNOVATION TO DRIVE GROWTH OF METAL IN SMART FOOD PACKAGING    113

9.5           GLASS   114

9.5.1        PREMIUM LOOK AND NON-REACTIVE NATURE OF GLASS TO DRIVE DEMAND          114

9.6           OTHER MATERIAL TYPES             115

10            SMART FOOD PACKAGING MARKET, BY PACKAGING TYPE     117

10.1         INTRODUCTION              118

10.2         ACTIVE PACKAGING      119

10.2.1      ANTIMICROBIAL AGENTS            121

10.2.1.1  Enhanced food safety and shelf life to drive market        121

10.2.2      GAS SCAVENGERS            121

10.2.2.1  Extended shelf life and quality preservation to drive growth                 121

10.2.3      MOISTURE CONTROL (HUMIDITY REGULATORS) & TEMPERATURE CONTROL PACKAGING 122

10.2.3.1  Enhanced food freshness and sustainability with moisture and temperature control packaging to drive demand             122

10.3         INTELLIGENT PACKAGING         122

10.3.1      INDICATORS AND BIOSENSORS                124

10.3.1.1  Enhanced food safety and freshness with advanced oxygen indicators and sensors in packaging to drive market       124

10.3.2      RFID (RADIO-FREQUENCY IDENTIFICATION) & NFC (NEAR FIELD COMMUNICATION)             125

10.3.2.1  Evolving retail and consumer experience to drive RFID and NFC packaging               125

10.3.3      AUTHENTICATION AND TRACEABILITY TECHNOLOGIES               125

10.3.3.1  Enhanced product integrity with advanced authenticity and traceability packaging technologies to drive demand     125

10.4         MODIFIED ATMOSPHERE PACKAGING (MAP)    126

10.4.1      VACUUM PACKAGING   127

10.4.1.1  Maximizing freshness and efficiency with vacuum packaging for extended shelf life to drive market     127

10.4.2      GAS-FLUSHED PACKAGING         127

10.4.2.1  Flavor, texture, and color enhancing qualities to drive market growth in snacks and meat industry  127

10.5         EDIBLE PACKAGING       128

10.5.1      SUSTAINABILITY AND ECO-FRIENDLY SOLUTIONS TO DRIVE GROWTH               128

10.6         OTHER PACKAGING TYPES         129

11            SMART FOOD PACKAGING MARKET, BY TECHNOLOGY                 131

11.1         INTRODUCTION              131

11.2         RFID & NFC         131

11.2.1      CASE STUDIES OF RFID APPLICATIONS IN FOOD MANUFACTURING INDUSTRY   131

11.3         SENSORS AND BIOSENSORS        132

11.3.1      MONITORING ENVIRONMENTAL CONDITIONS 132

11.3.2      BIOSENSORS FOR QUALITY ASSURANCE               133

11.3.3      GAS SENSORS FOR SPOILAGE DETECTION          133

11.3.4      QUALITY CONTROL AND CONSUMER ENGAGEMENT                 133

11.4         BLOCKCHAIN TECHNOLOGY     134

11.5         INTERNET OF PACKAGING (IOP)              135

11.5.1      INTERNET OF PACKAGING IN FOOD INDUSTRY                 135

11.5.2      BENEFITS OF INTERNET OF PACKAGING              136

11.6         ADVANCED 3D PRINTING            136

11.7         OTHER TECHNOLOGIES               137

12            SMART FOOD PACKAGING MARKET, BY REGION                 139

12.1         INTRODUCTION              140

12.2         NORTH AMERICA             142

12.2.1      US           147

12.2.1.1  Rise in consumption and sales of food products to drive demand                 147

12.2.2      CANADA               148

12.2.2.1  Increased consumption of baked and confectionary products to drive market          148

12.2.3      MEXICO                150

12.2.3.1  Growth of meat and poultry industry to drive market    150

12.3         EUROPE               151

12.3.1      GERMANY           156

12.3.1.1  Increased growth in German food processing industry to drive market    156

12.3.2      UK          157

12.3.2.1  Growth in food industry to drive demand for innovative and sustainable smart packaging solutions               157

12.3.3      FRANCE                158

12.3.3.1  Demand for baked goods to drive market         158

12.3.4      SPAIN    160

12.3.4.1  High growth of food industry to drive market 160

12.3.5      ITALY    161

12.3.5.1  Increased demand and production of processed food to drive market    161

12.3.6      REST OF EUROPE             162

12.4         ASIA PACIFIC     164

12.4.1      CHINA  169

12.4.1.1  Increased import & production of meat & seafood to drive market                 169

12.4.2      INDIA    171

12.4.2.1  Increased trade of food items to drive MAP and active food packaging market 171

12.4.3      JAPAN   172

12.4.3.1  Increased demand from food industry to drive smart food packaging market 172

12.4.4      AUSTRALIA & NEW ZEALAND     173

12.4.4.1  Growth of food industry and sustainability concerns in packaging to drive market      173

12.4.5      REST OF ASIA PACIFIC   175

12.5         SOUTH AMERICA             177

12.5.1      BRAZIL 180

12.5.1.1  Growth of retail food industry to drive market                 180

12.5.2      ARGENTINA       182

12.5.2.1  Increased meat and poultry production to drive smart food packaging market 182

12.5.3      REST OF SOUTH AMERICA           183

12.6         REST OF THE WORLD    185

12.6.1      MIDDLE EAST   188

12.6.1.1  Rising demand for processed foods and meat to drive market                 188

12.6.2      AFRICA 190

12.6.2.1  Increased demand for food and meat to drive market    190

13            COMPETITIVE LANDSCAPE         192

13.1         OVERVIEW          192

13.2         KEY PLAYER STRATEGIES/RIGHT TO WIN            193

13.3         REVENUE ANALYSIS       195

13.4         MARKET SHARE ANALYSIS, 2023                 196

13.4.1      MARKET RANKING ANALYSIS     197

13.5         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023                 199

13.5.1      STARS   199

13.5.2      EMERGING LEADERS     199

13.5.3      PERVASIVE PLAYERS      199

13.5.4      PARTICIPANTS 199

13.5.5      COMPANY FOOTPRINT: KEY PLAYERS, 2023         201

13.5.5.1  Company footprint               201

13.5.5.2  Regional footprint                 202

13.5.5.3  Type footprint       203

13.5.5.4  Application footprint            204

13.6         COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023        205

13.6.1      PROGRESSIVE COMPANIES         205

13.6.2      RESPONSIVE COMPANIES            205

13.6.3      DYNAMIC COMPANIES  205

13.6.4      STARTING BLOCKS         205

13.6.5      COMPETITIVE BENCHMARKING: START-UPS/SMES, 2023        207

13.6.5.1  Key start-ups/SMEs             207

13.6.5.2  Competitive benchmarking of key start-ups/SMEs        208

13.7         COMPANY VALUATION AND FINANCIAL METRICS                 209

13.8         BRAND/PRODUCT COMPARISON             210

13.9         COMPETITIVE SCENARIO AND TRENDS                212

13.9.1      PRODUCT LAUNCHES AND ENHANCEMENTS    212

13.9.2      DEALS  214

13.9.3      EXPANSIONS     217

14            COMPANY PROFILES      220

14.1         KEY PLAYERS     220

14.1.1      AMCOR PLC        220

14.1.1.1  Business overview 220

14.1.1.2  Products/Solutions/Services offered 221

14.1.1.3  Recent developments           223

14.1.1.3.1                Product launches  223

14.1.1.3.2                Expansions             224

14.1.1.3.3                Deals      225

14.1.1.3.4                Other deals/developments 226

14.1.1.4  MnM view              227

14.1.1.4.1                Right to win           227

14.1.1.4.2                Strategic choices   227

14.1.1.4.3                Weaknesses and competitive threats 227

14.1.2      SEALED AIR        228

14.1.2.1  Business overview 228

14.1.2.2  Products/Solutions/Services offered 229

14.1.2.3  Recent developments           231

14.1.2.3.1                Product launches  231

14.1.2.3.2                Expansions             232

14.1.2.3.3                Deals      232

14.1.2.4  MnM view              233

14.1.2.4.1                Right to win           233

14.1.2.4.2                Strategic choices   234

14.1.2.4.3                Weaknesses and competitive threats 234

14.1.3      BERRY GLOBAL INC.       235

14.1.3.1  Business overview 235

14.1.3.2  Products/Solutions/Services offered 236

14.1.3.3  Recent developments           237

14.1.3.3.1                Expansions             237

14.1.3.3.2                Deals      238

14.1.3.4  MnM view              238

14.1.3.4.1                Right to win           238

14.1.3.4.2                Strategic choices   238

14.1.3.4.3                Weaknesses and competitive threats 238

14.1.4      THE TETRA LAVAL GROUP          239

14.1.4.1  Business overview 239

14.1.4.2  Products/Solutions/Services offered 240

14.1.4.3  Recent developments           241

14.1.4.3.1                Deals      241

14.1.4.4  MnM view              241

14.1.4.4.1                Right to win           241

14.1.4.4.2                Strategic choices   241

14.1.4.4.3                Weaknesses and competitive threats 241

14.1.5      MONDI 242

14.1.5.1  Business overview 242

14.1.5.2  Products/Solutions/Services offered 243

14.1.5.3  Recent developments           246

14.1.5.3.1                Expansions             246

14.1.5.3.2                Deals      246

14.1.5.4  MnM view              247

14.1.5.4.1                Right to win           247

14.1.5.4.2                Strategic choices   247

14.1.5.4.3                Weaknesses and competitive threats 247

14.1.6      TOYO SEIKAN GROUP HOLDINGS, LTD.                248

14.1.6.1  Business overview 248

14.1.6.2  Products/Solutions/Services offered 249

14.1.6.3  MnM view              250

14.1.7      CROWN                 251

14.1.7.1  Business overview 251

14.1.7.2  Products/Solutions/Services offered 252

14.1.7.3  MnM view              253

14.1.8      3M           254

14.1.8.1  Business overview 254

14.1.8.2  Products/Solutions/Services offered 255

14.1.8.3  MnM view              256

14.1.9      MITSUBISHI GAS CHEMICAL COMPANY, INC.     257

14.1.9.1  Business overview 257

14.1.9.2  Products/Solutions/Services offered 258

14.1.9.3  Recent developments           259

14.1.9.3.1                Product launches  259

14.1.9.4  MnM view              259

14.1.10   MULTISORB       260

14.1.10.1                 Business overview 260

14.1.10.2                 Products/Solutions/Services offered 260

14.1.10.3                 MnM view              261

14.1.11   HUHTAMÄKI OYJ             262

14.1.11.1                 Business overview 262

14.1.11.2                 Products/Solutions/Services offered 263

14.1.11.3                 Recent developments           264

14.1.11.3.1             Product launches  264

14.1.11.4                 MnM view              265

14.1.12   STEPAC                 266

14.1.12.1                 Business overview 266

14.1.12.2                 Products/Solutions/Services offered 266

14.1.12.3                 Recent developments           267

14.1.12.3.1             Product launches  267

14.1.12.3.2             Deals      268

14.1.12.4                 MnM view              268

14.1.13   CHECKPOINT SYSTEMS, INC.      269

14.1.13.1                 Business overview 269

14.1.13.2                 Products/Solutions/Services offered 269

14.1.13.3                 Recent developments           270

14.1.13.3.1             Deals      270

14.1.13.4                 MnM view              270

14.1.14   NOVIPAX BUYER, LLC    271

14.1.14.1                 Business overview 271

14.1.14.2                 Products/Solutions/Services offered 271

14.1.14.3                 Recent developments           273

14.1.14.3.1             Product launches  273

14.1.14.3.2             Expansions             273

14.1.14.4                 MnM view              273

14.1.15   TIMESTRIP UK LTD         274

14.1.15.1                 Business overview 274

14.1.15.2                 Products/Solutions/Services offered 274

14.1.15.3                 Recent developments           276

14.1.15.3.1             Product launches  276

14.1.15.3.2             Deals      277

14.1.15.4                 MnM view              277

14.2         OTHER PLAYERS              278

14.2.1      INSIGNIA TECHNOLOGIES LTD.                278

14.2.1.1  Business overview 278

14.2.1.2  Products/Solutions/Services offered 278

14.2.1.3  Recent developments           279

14.2.1.3.1                Product launches  279

14.2.1.4  MnM view              279

14.2.2      VARCODE            280

14.2.2.1  Business overview 280

14.2.2.2  Products/Solutions/Services offered 280

14.2.2.3  Recent developments           281

14.2.2.3.1                Deals      281

14.2.2.4  MnM view              281

14.2.3      TIPA LTD             282

14.2.3.1  Business overview 282

14.2.3.2  Products/Solutions/Services offered 282

14.2.3.3  Recent developments           284

14.2.3.3.1                Product launches  284

14.2.3.3.2                Deals      284

14.2.3.4  MnM view              285

14.2.4      FLEXIBLE PACKAGING SOLUTIONS         286

14.2.4.1  Business overview 286

14.2.4.2  Products/Solutions/Services offered 286

14.2.4.3  Recent developments           287

14.2.4.3.1                Expansions             287

14.2.4.4  MnM view              288

14.2.5      NOTPLA               289

14.2.5.1  Business overview 289

14.2.5.2  Products/Solutions/Services offered 289

14.2.5.3  MnM view              290

14.2.6      VITSAB INTERNATIONAL AB      291

14.2.7      TEMPIX AB          291

14.2.8      BIOWRAP             292

14.2.9      IT’S FRESH LIMITED       292

14.2.10   KELP INDUSTRIES LTD 293

15            ADJACENT & RELATED MARKETS             294

15.1         INTRODUCTION              294

15.2         LIMITATIONS    294

15.3         FOOD PACKAGING FILMS MARKET         294

15.3.1      MARKET DEFINITION   294

15.3.2      MARKET OVERVIEW       294

15.4         FOOD & BEVERAGE METAL CANS MARKET          296

15.4.1      MARKET DEFINITION   296

15.4.2      MARKET OVERVIEW       296

16            APPENDIX           298

16.1         DISCUSSION GUIDE        298

16.2         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                301

16.3         CUSTOMIZATION OPTIONS        303

16.4         RELATED REPORTS         303

16.5         AUTHOR DETAILS           304

LIST OF TABLES

TABLE 1                USD EXCHANGE RATES CONSIDERED, 2020–2023                 32

TABLE 2                SMART FOOD PACKAGING MARKET, 2024 VS. 2029        41

TABLE 3                US FOOD & DRUG ADMINISTRATION (FDA): RECALLS, MARKET WITHDRAWALS, AND SAFETY ALERTS, DECEMBER 2024                54

TABLE 4                BLOCKCHAIN APPLICATIONS IN SUPPLY CHAIN MANAGEMENT 57

TABLE 5                SMART FOOD PACKAGING MARKET: INDICATIVE SELLING PRICE, BY INTELLIGENT PACKAGING, 2020–2022 (USD/PIECE) 68

TABLE 6                SMART FOOD PACKAGING MARKET: SUPPLY CHAIN (ECOSYSTEM)     70

TABLE 7                IMPORT DATA OF PLASTIC-BASED PACKAGES, BY COUNTRY, 2021–2023 (IN KGS)             71

TABLE 8                EXPORT DATA OF PLASTIC-BASED PACKAGES, BY COUNTRY, 2021–2023 (IN KGS)             71

TABLE 9                SMART FOOD PACKAGING MARKET: PORTER’S FIVE FORCES ANALYSIS 73

TABLE 10              PATENTS PERTAINING TO SMART FOOD PACKAGING, 2020–2024  77

TABLE 11              NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  78

TABLE 12              EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  79

TABLE 13              ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  79

TABLE 14              CASE STUDY: CRYOVAC SHRINK EQUIPMENT DELIVERS SUPERIOR PERFORMANCE FOR LEADING MEAT PROCESSOR       83

TABLE 15              CASE STUDY: TETRA PAK’S CONNECTED PACKAGE PLATFORM POWERS CONSUMER ENGAGEMENT AND BOOSTS SALES FOR DAIRY PRODUCERS                83

TABLE 16              SMART FOOD PACKAGING MARKET: KEY CONFERENCES AND EVENTS     84

TABLE 17              INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS IN SMART FOOD PACKAGING TYPES (%)           85

TABLE 18              KEY BUYING CRITERIA FOR TOP THREE APPLICATION INDUSTRIES OF SMART FOOD PACKAGING                 86

TABLE 19              SMART FOOD PACKAGING MARKET, BY APPLICATION, 2019–2023 (USD MILLION)              89

TABLE 20              SMART FOOD PACKAGING MARKET, BY APPLICATION, 2024–2029 (USD MILLION)              89

TABLE 21              BEVERAGES: SMART FOOD PACKAGING MARKET, BY REGION,

2019–2023 (USD MILLION)            90

TABLE 22              BEVERAGES: SMART FOOD PACKAGING MARKET, BY REGION,

2024–2029 (USD MILLION)            90

TABLE 23              FRUITS & VEGETABLES: SMART FOOD PACKAGING MARKET, BY REGION,

2019–2023 (USD MILLION)            91

TABLE 24              FRUITS & VEGETABLES: SMART FOOD PACKAGING MARKET, BY REGION,

2024–2029 (USD MILLION)            92

TABLE 25              MEAT, POULTRY & SEAFOOD: SMART FOOD PACKAGING MARKET, BY REGION, 2019–2023 (USD MILLION)                 93

TABLE 26              MEAT, POULTRY & SEAFOOD: SMART FOOD PACKAGING MARKET, BY REGION, 2024–2029 (USD MILLION)                 93

TABLE 27              BAKED & CONFECTIONERY PRODUCTS: SMART FOOD PACKAGING MARKET,

BY REGION, 2019–2023 (USD MILLION)   94

TABLE 28              BAKED & CONFECTIONERY PRODUCTS: SMART FOOD PACKAGING MARKET,

BY REGION, 2024–2029 (USD MILLION)   94

TABLE 29              MILK & DAIRY PRODUCTS: SMART FOOD PACKAGING MARKET, BY REGION,

2019–2023 (USD MILLION)            95

TABLE 30              MILK & DAIRY PRODUCTS: SMART FOOD PACKAGING MARKET, BY REGION,

2024–2029 (USD MILLION)            95

TABLE 31              PROCESSED FOODS: SMART FOOD PACKAGING MARKET, BY REGION,

2019–2023 (USD MILLION)            96

TABLE 32              PROCESSED FOODS: SMART FOOD PACKAGING MARKET, BY REGION,

2024–2029 (USD MILLION)            97

TABLE 33              OTHER APPLICATIONS: SMART FOOD PACKAGING MARKET, BY REGION,

2019–2023 (USD MILLION)            97

TABLE 34              OTHER APPLICATIONS: SMART FOOD PACKAGING MARKET, BY REGION,

2024–2029 (USD MILLION)            98

TABLE 35              SMART FOOD PACKAGING MARKET, BY FUNCTIONALITY,

2019–2023 (USD MILLION)            101

TABLE 36              SMART FOOD PACKAGING MARKET, BY FUNCTIONALITY,

2024–2029 (USD MILLION)            101

TABLE 37              BARRIER PROTECTION: SMART FOOD PACKAGING MARKET, BY REGION,

2019–2023 (USD MILLION)            102

TABLE 38              BARRIER PROTECTION: SMART FOOD PACKAGING MARKET, BY REGION,

2024–2029 (USD MILLION)            102

TABLE 39              MOISTURE & GAS CONTROL: SMART FOOD PACKAGING MARKET, BY REGION, 2019–2023 (USD MILLION)                 103

TABLE 40              MOISTURE & GAS CONTROL: SMART FOOD PACKAGING MARKET, BY REGION, 2024–2029 (USD MILLION)                 103

TABLE 41              TEMPERATURE REGULATION: SMART FOOD PACKAGING MARKET, BY REGION, 2019–2023 (USD MILLION)                 104

TABLE 42              TEMPERATURE REGULATION: SMART FOOD PACKAGING MARKET, BY REGION, 2024–2029 (USD MILLION)                 104

TABLE 43              FOOD SAFETY MONITORING: SMART FOOD PACKAGING MARKET, BY REGION, 2019–2023 (USD MILLION)                 105

TABLE 44              FOOD SAFETY MONITORING: SMART FOOD PACKAGING MARKET, BY REGION, 2024–2029 (USD MILLION)                 105

TABLE 45              SHELF-LIFE EXTENSION: SMART FOOD PACKAGING MARKET, BY REGION,

2019–2023 (USD MILLION)            106

TABLE 46              SHELF-LIFE EXTENSION: SMART FOOD PACKAGING MARKET, BY REGION,

2024–2029 (USD MILLION)            106

TABLE 47              CONSUMER INTERACTION AND ENGAGEMENT: SMART FOOD PACKAGING MARKET, BY REGION, 2019–2023 (USD MILLION) 107

TABLE 48              CONSUMER INTERACTION AND ENGAGEMENT: SMART FOOD PACKAGING MARKET, BY REGION, 2024–2029 (USD MILLION) 107

TABLE 49              PRODUCT AUTHENTICATION: SMART FOOD PACKAGING MARKET, BY REGION, 2019–2023 (USD MILLION)                 108

TABLE 50              PRODUCT AUTHENTICATION: SMART FOOD PACKAGING MARKET, BY REGION, 2024–2029 (USD MILLION)                 108

TABLE 51              SMART FOOD PACKAGING MARKET, BY MATERIAL, 2019–2023 (USD MILLION)    110

TABLE 52              SMART FOOD PACKAGING MARKET, BY MATERIAL, 2024–2029 (USD MILLION)    111

TABLE 53              PLASTIC: SMART FOOD PACKAGING MARKET, BY REGION,

2019–2023 (USD MILLION)            111

TABLE 54              PLASTIC: SMART FOOD PACKAGING MARKET, BY REGION,

2024–2029 (USD MILLION)            112

TABLE 55              PAPER & PAPERBOARD: SMART FOOD PACKAGING MARKET, BY REGION,

2019–2023 (USD MILLION)            112

TABLE 56              PAPER & PAPERBOARD: SMART FOOD PACKAGING MARKET, BY REGION,

2024–2029 (USD MILLION)            113

TABLE 57              METAL: SMART FOOD PACKAGING MARKET, BY REGION,

2019–2023 (USD MILLION)            113

TABLE 58              METAL: SMART FOOD PACKAGING MARKET, BY REGION,

2024–2029 (USD MILLION)            114

TABLE 59              GLASS: SMART FOOD PACKAGING MARKET, BY REGION,

2019–2023 (USD MILLION)            114

TABLE 60              GLASS: SMART FOOD PACKAGING MARKET, BY REGION,

2024–2029 (USD MILLION)            115

TABLE 61              OTHER MATERIAL TYPES: SMART FOOD PACKAGING MARKET, BY REGION,

2019–2023 (USD MILLION)            115

TABLE 62              OTHER MATERIAL TYPES: SMART FOOD PACKAGING MARKET, BY REGION,

2024–2029 (USD MILLION)            116

TABLE 63              SMART FOOD PACKAGING MARKET, BY PACKAGING TYPE,

2019–2023 (USD MILLION)            118

TABLE 64              SMART FOOD PACKAGING MARKET, BY PACKAGING TYPE,

2024–2029 (USD MILLION)            119

TABLE 65              ACTIVE PACKAGING: SMART FOOD PACKAGING MARKET, BY SUB-PACKAGING TYPE, 2019–2023 (USD MILLION) 119

TABLE 66              ACTIVE PACKAGING: SMART FOOD PACKAGING MARKET, BY SUB-PACKAGING TYPE, 2024–2029 (USD MILLION) 120

TABLE 67              ACTIVE PACKAGING: SMART FOOD PACKAGING MARKET, BY REGION,

2019–2023 (USD MILLION)            120

TABLE 68              ACTIVE PACKAGING: SMART FOOD PACKAGING MARKET, BY REGION,

2024–2029 (USD MILLION)            120

TABLE 69              INTELLIGENT PACKAGING: SMART FOOD PACKAGING MARKET, BY SUB-PACKAGING TYPE, 2019–2023 (USD MILLION) 122

TABLE 70              INTELLIGENT PACKAGING: SMART FOOD PACKAGING MARKET, BY SUB-PACKAGING TYPE, 2024–2029 (USD MILLION) 123

TABLE 71              INTELLIGENT PACKAGING: SMART FOOD PACKAGING MARKET, BY REGION,

2019–2023 (USD MILLION)            123

TABLE 72              INTELLIGENT PACKAGING: SMART FOOD PACKAGING MARKET, BY REGION,

2024–2029 (USD MILLION)            123

TABLE 73              MODIFIED ATMOSPHERE PACKAGING: SMART FOOD PACKAGING MARKET,

BY SUB-PACKAGING TYPE, 2019–2023 (USD MILLION)     126

TABLE 74              MODIFIED ATMOSPHERE PACKAGING: SMART FOOD PACKAGING MARKET,

BY SUB-PACKAGING TYPE, 2024–2029 (USD MILLION)     126

TABLE 75              MODIFIED ATMOSPHERE PACKAGING: SMART FOOD PACKAGING MARKET,

BY REGION, 2019–2023 (USD MILLION)   126

TABLE 76              MODIFIED ATMOSPHERE PACKAGING: SMART FOOD PACKAGING MARKET,

BY REGION, 2024–2029 (USD MILLION)   127

TABLE 77              EDIBLE PACKAGING: SMART FOOD PACKAGING MARKET, BY REGION,

2019–2023 (USD MILLION)            128

TABLE 78              EDIBLE PACKAGING: SMART FOOD PACKAGING MARKET, BY REGION,

2024–2029 (USD MILLION)            129

TABLE 79              OTHER PACKAGING TYPES: SMART FOOD PACKAGING MARKET, BY REGION, 2019–2023 (USD MILLION)                 130

TABLE 80              OTHER PACKAGING TYPES: SMART FOOD PACKAGING MARKET, BY REGION, 2024–2029 (USD MILLION)                 130

TABLE 81             SMART FOOD PACKAGING MARKET, BY REGION, 2019–2023 (USD MILLION)            141

TABLE 82             SMART FOOD PACKAGING MARKET, BY REGION, 2024–2029 (USD MILLION)            142

TABLE 83              NORTH AMERICA: SMART FOOD PACKAGING MARKET, BY COUNTRY,

2019–2023 (USD MILLION)            143

TABLE 84              NORTH AMERICA: SMART FOOD PACKAGING MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            144

TABLE 85              NORTH AMERICA: SMART FOOD PACKAGING MARKET, BY PACKAGING TYPE, 2019–2023 (USD MILLION)                 144

TABLE 86              NORTH AMERICA: SMART FOOD PACKAGING MARKET, BY PACKAGING TYPE, 2024–2029 (USD MILLION)                 144

TABLE 87              NORTH AMERICA: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2019–2023 (USD MILLION)            145

TABLE 88              NORTH AMERICA: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            145

TABLE 89              NORTH AMERICA: SMART FOOD PACKAGING MARKET, BY MATERIAL,

2019–2023 (USD MILLION)            146

TABLE 90              NORTH AMERICA: SMART FOOD PACKAGING MARKET, BY MATERIAL,

2024–2029 (USD MILLION)            146

TABLE 91              NORTH AMERICA: SMART FOOD PACKAGING MARKET, BY FUNCTIONALITY,

2019–2023 (USD MILLION)            146

TABLE 92              NORTH AMERICA: SMART FOOD PACKAGING MARKET, BY FUNCTIONALITY,

2024–2029 (USD MILLION)            147

TABLE 93              US: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2019–2023 (USD MILLION)            148

TABLE 94              US: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            148

TABLE 95              CANADA: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2019–2023 (USD MILLION)            149

TABLE 96              CANADA: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            149

TABLE 97              MEXICO: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2019–2023 (USD MILLION)            150

TABLE 98              MEXICO: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            151

TABLE 99              EUROPE: SMART FOOD PACKAGING MARKET, BY COUNTRY,

2019–2023 (USD MILLION)            152

TABLE 100            EUROPE: SMART FOOD PACKAGING MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            152

TABLE 101            EUROPE: SMART FOOD PACKAGING MARKET, BY PACKAGING TYPE,

2019–2023 (USD MILLION)            153

TABLE 102            EUROPE: SMART FOOD PACKAGING MARKET, BY PACKAGING TYPE,

2024–2029 (USD MILLION)            153

TABLE 103            EUROPE: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2019–2023 (USD MILLION)            153

TABLE 104            EUROPE: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            154

TABLE 105            EUROPE: SMART FOOD PACKAGING MARKET, BY MATERIAL,

2019–2023 (USD MILLION)            154

TABLE 106            EUROPE: SMART FOOD PACKAGING MARKET, BY MATERIAL,

2024–2029 (USD MILLION)            154

TABLE 107            EUROPE: SMART FOOD PACKAGING MARKET, BY FUNCTIONALITY,

2019–2023 (USD MILLION)            155

TABLE 108            EUROPE: SMART FOOD PACKAGING MARKET, BY FUNCTIONALITY,

2024–2029 (USD MILLION)            155

TABLE 109            GERMANY: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2019–2023 (USD MILLION)            156

TABLE 110            GERMANY: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            157

TABLE 111            UK: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2019–2023 (USD MILLION)            158

TABLE 112            UK: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            158

TABLE 113            FRANCE: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2019–2023 (USD MILLION)            159

TABLE 114            FRANCE: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            159

TABLE 115            SPAIN: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2019–2023 (USD MILLION)            160

TABLE 116            SPAIN: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            161

TABLE 117            ITALY: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2019–2023 (USD MILLION)            162

TABLE 118            ITALY: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            162

TABLE 119            REST OF EUROPE: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2019–2023 (USD MILLION)            163

TABLE 120            REST OF EUROPE: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            163

TABLE 121            ASIA PACIFIC: SMART FOOD PACKAGING MARKET, BY COUNTRY,

2019–2023 (USD MILLION)            165

TABLE 122            ASIA PACIFIC: SMART FOOD PACKAGING MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            166

TABLE 123            ASIA PACIFIC: SMART FOOD PACKAGING MARKET, BY PACKAGING TYPE,

2019–2023 (USD MILLION)            166

TABLE 124            ASIA PACIFIC: SMART FOOD PACKAGING MARKET, BY PACKAGING TYPE,

2024–2029 (USD MILLION)            166

TABLE 125            ASIA PACIFIC: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2019–2023 (USD MILLION)            167

TABLE 126            ASIA PACIFIC: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            167

TABLE 127            ASIA PACIFIC: SMART FOOD PACKAGING MARKET, BY MATERIAL,

2019–2023 (USD MILLION)            168

TABLE 128            ASIA PACIFIC: SMART FOOD PACKAGING MARKET, BY MATERIAL,

2024–2029 (USD MILLION)            168

TABLE 129            ASIA PACIFIC: SMART FOOD PACKAGING MARKET, BY FUNCTIONALITY,

2019–2023 (USD MILLION)            168

TABLE 130            ASIA PACIFIC: SMART FOOD PACKAGING MARKET, BY FUNCTIONALITY,

2024–2029 (USD MILLION)            169

TABLE 131            CHINA: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2019–2023 (USD MILLION)            170

TABLE 132            CHINA: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            170

TABLE 133            INDIA: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2019–2023 (USD MILLION)            171

TABLE 134            INDIA: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            172

TABLE 135            JAPAN: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2019–2023 (USD MILLION)            173

TABLE 136            JAPAN: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            173

TABLE 137            AUSTRALIA & NEW ZEALAND: SMART FOOD PACKAGING MARKET, BY APPLICATION, 2019–2023 (USD MILLION)            174

TABLE 138            AUSTRALIA & NEW ZEALAND: SMART FOOD PACKAGING MARKET, BY APPLICATION, 2024–2029 (USD MILLION)            175

TABLE 139            REST OF ASIA PACIFIC: SMART FOOD PACKAGING MARKET, BY APPLICATION, 2019–2023 (USD MILLION)            176

TABLE 140            REST OF ASIA PACIFIC: SMART FOOD PACKAGING MARKET, BY APPLICATION, 2024–2029 (USD MILLION)            176

TABLE 141            SOUTH AMERICA: SMART FOOD PACKAGING MARKET, BY COUNTRY,

2019–2023 (USD MILLION)            177

TABLE 142            SOUTH AMERICA: SMART FOOD PACKAGING MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            177

TABLE 143            SOUTH AMERICA: SMART FOOD PACKAGING MARKET, BY PACKAGING TYPE, 2019–2023 (USD MILLION)                 178

TABLE 144            SOUTH AMERICA: SMART FOOD PACKAGING MARKET, BY PACKAGING TYPE, 2024–2029 (USD MILLION)                 178

TABLE 145            SOUTH AMERICA: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2019–2023 (USD MILLION)            178

TABLE 146            SOUTH AMERICA: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            179

TABLE 147            SOUTH AMERICA: SMART FOOD PACKAGING MARKET, BY MATERIAL,

2019–2023 (USD MILLION)            179

TABLE 148            SOUTH AMERICA: SMART FOOD PACKAGING MARKET, BY MATERIAL,

2024–2029 (USD MILLION)            179

TABLE 149            SOUTH AMERICA: SMART FOOD PACKAGING MARKET, BY FUNCTIONALITY,

2019–2023 (USD MILLION)            180

TABLE 150            SOUTH AMERICA: SMART FOOD PACKAGING MARKET, BY FUNCTIONALITY,

2024–2029 (USD MILLION)            180

TABLE 151            BRAZIL: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2019–2023 (USD MILLION)            181

TABLE 152            BRAZIL: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            181

TABLE 153            ARGENTINA: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2019–2023 (USD MILLION)            182

TABLE 154            ARGENTINA: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            183

TABLE 155            REST OF SOUTH AMERICA: SMART FOOD PACKAGING MARKET, BY APPLICATION, 2019–2023 (USD MILLION)            184

TABLE 156            REST OF SOUTH AMERICA: SMART FOOD PACKAGING MARKET, BY APPLICATION, 2024–2029 (USD MILLION)            184

TABLE 157            REST OF THE WORLD: SMART FOOD PACKAGING MARKET, BY REGION,

2019–2023 (USD MILLION)            185

TABLE 158            REST OF THE WORLD: SMART FOOD PACKAGING MARKET, BY REGION,

2024–2029 (USD MILLION)            185

TABLE 159            REST OF THE WORLD: SMART FOOD PACKAGING MARKET, BY PACKAGING TYPE, 2019–2023 (USD MILLION)            186

TABLE 160            REST OF THE WORLD: SMART FOOD PACKAGING MARKET, BY PACKAGING TYPE, 2024–2029 (USD MILLION)            186

TABLE 161            REST OF THE WORLD: SMART FOOD PACKAGING MARKET, BY APPLICATION, 2019–2023 (USD MILLION)            186

TABLE 162            REST OF THE WORLD: SMART FOOD PACKAGING MARKET, BY APPLICATION, 2024–2029 (USD MILLION)            187

TABLE 163            REST OF THE WORLD: SMART FOOD PACKAGING MARKET, BY MATERIAL,

2019–2023 (USD MILLION)            187

TABLE 164            REST OF THE WORLD: SMART FOOD PACKAGING MARKET, BY MATERIAL,

2024–2029 (USD MILLION)            187

TABLE 165            REST OF THE WORLD: SMART FOOD PACKAGING MARKET, BY FUNCTIONALITY, 2019–2023 (USD MILLION)            188

TABLE 166            REST OF THE WORLD: SMART FOOD PACKAGING MARKET, BY FUNCTIONALITY, 2024–2029 (USD MILLION)            188

TABLE 167            MIDDLE EAST: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2019–2023 (USD MILLION)            189

TABLE 168            MIDDLE EAST: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            189

TABLE 169            AFRICA: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2019–2023 (USD MILLION)            190

TABLE 170            AFRICA: SMART FOOD PACKAGING MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            191

TABLE 171            OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN SMART FOOD PACKAGING MARKET               193

TABLE 172            SMART FOOD PACKAGING MARKET: DEGREE OF COMPETITION           196

TABLE 173            SMART FOOD PACKAGING MARKET: REGIONAL FOOTPRINT       202

TABLE 174            SMART FOOD PACKAGING MARKET: TYPE FOOTPRINT       203

TABLE 175            SMART FOOD PACKAGING MARKET: APPLICATION FOOTPRINT         204

TABLE 176            SMART FOOD PACKAGING MARKET: KEY START-UPS/SMES            207

TABLE 177            SMART FOOD PACKAGING MARKET: COMPETITIVE BENCHMARKING OF

KEY START-UPS/SMES, 2023         208

TABLE 178            SMART FOOD PACKAGING MARKET: PRODUCT LAUNCHES AND ENHANCEMENTS, JANUARY 2020–AUGUST 2024                 212

TABLE 179            SMART FOOD PACKAGING MARKET: DEALS, JANUARY 2020–OCTOBER 2024   214

TABLE 180            SMART FOOD PACKAGING MARKET: EXPANSIONS,

MARCH 2020–NOVEMBER 2024   217

TABLE 181            AMCOR PLC: COMPANY OVERVIEW        220

TABLE 182            AMCOR PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED    221

TABLE 183            AMCOR PLC: PRODUCT LAUNCHES        223

TABLE 184            AMCOR PLC: EXPANSIONS           224

TABLE 185            AMCOR PLC: DEALS        225

TABLE 186            AMCOR PLC: OTHER DEALS/DEVELOPMENTS                 226

TABLE 187            SEALED AIR: COMPANY OVERVIEW         228

TABLE 188            SEALED AIR: PRODUCTS/SOLUTIONS/SERVICES OFFERED             229

TABLE 189            SEALED AIR: PRODUCT LAUNCHES         231

TABLE 190            SEALED AIR: EXPANSIONS           232

TABLE 191            SEALED AIR: DEALS        232

TABLE 192            BERRY GLOBAL INC.: COMPANY OVERVIEW                 235

TABLE 193            BERRY GLOBAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    236

TABLE 194            BERRY GLOBAL INC.: EXPANSIONS          237

TABLE 195            BERRY GLOBAL INC.: DEALS       238

TABLE 196            THE TETRA LAVAL GROUP: COMPANY OVERVIEW          239

TABLE 197            THE TETRA LAVAL GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED    240

TABLE 198            THE TETRA LAVAL GROUP: DEALS          241

TABLE 199            MONDI: COMPANY OVERVIEW 242

TABLE 200            MONDI: PRODUCTS/SOLUTIONS/SERVICES OFFERED             243

TABLE 201            MONDI: EXPANSIONS    246

TABLE 202            MONDI: DEALS 246

TABLE 203            TOYO SEIKAN GROUP HOLDINGS, LTD.: COMPANY OVERVIEW   248

TABLE 204            TOYO SEIKAN GROUP HOLDINGS, LTD.:

PRODUCTS/SOLUTIONS/SERVICES OFFERED    249

TABLE 205            CROWN: COMPANY OVERVIEW 251

TABLE 206            CROWN: PRODUCTS/SOLUTIONS/SERVICES OFFERED             252

TABLE 207            3M: COMPANY OVERVIEW           254

TABLE 208            3M: PRODUCTS/SOLUTIONS/SERVICES OFFERED             255

TABLE 209            MITSUBISHI GAS CHEMICAL COMPANY, INC.: COMPANY OVERVIEW   257

TABLE 210            MITSUBISHI GAS CHEMICAL COMPANY, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    258

TABLE 211            MITSUBISHI GAS CHEMICAL COMPANY, INC.: PRODUCT LAUNCHES   259

TABLE 212            MULTISORB: COMPANY OVERVIEW        260

TABLE 213            MULTISORB: PRODUCTS/SOLUTIONS/SERVICES OFFERED    260

TABLE 214            HUHTAMÄKI OYJ: COMPANY OVERVIEW                 262

TABLE 215            HUHTAMÄKI OYJ: PRODUCTS/SOLUTIONS/SERVICES OFFERED    263

TABLE 216            HUHTAMÄKI OYJ: PRODUCT LAUNCHES                 264

TABLE 217            STEPAC: COMPANY OVERVIEW 266

TABLE 218            STEPAC: PRODUCTS/SOLUTIONS/SERVICES OFFERED             266

TABLE 219            STEPAC: PRODUCT LAUNCHES 267

TABLE 220            STEPAC: DEALS 268

TABLE 221            CHECKPOINT SYSTEMS, INC.: COMPANY OVERVIEW          269

TABLE 222            CHECKPOINT SYSTEMS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    269

TABLE 223            CHECKPOINT SYSTEMS, INC.: DEALS      270

TABLE 224            NOVIPAX BUYER, LLC: COMPANY OVERVIEW                 271

TABLE 225            NOVIPAX BUYER, LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED    271

TABLE 226            NOVIPAX BUYER, LLC: PRODUCT LAUNCHES                 273

TABLE 227            NOVIPAX BUYER, LLC: EXPANSIONS       273

TABLE 228            TIMESTRIP UK LTD: COMPANY OVERVIEW                 274

TABLE 229            TIMESTRIP UK LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED    274

TABLE 230            TIMESTRIP UK LTD: PRODUCT LAUNCHES                 276

TABLE 231            TIMESTRIP UK LTD: DEALS         277

TABLE 232            INSIGNIA TECHNOLOGIES LTD.: COMPANY OVERVIEW          278

TABLE 233            INSIGNIA TECHNOLOGIES LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    278

TABLE 234            INSIGNIA TECHNOLOGIES LTD.: PRODUCT LAUNCHES          279

TABLE 235            VARCODE: COMPANY OVERVIEW             280

TABLE 236            VARCODE: PRODUCTS/SOLUTIONS/SERVICES OFFERED             280

TABLE 237            VARCODE: DEALS            281

TABLE 238            TIPA LTD: COMPANY OVERVIEW              282

TABLE 239            TIPA LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED             282

TABLE 240            TIPA LTD: PRODUCT LAUNCHES              284

TABLE 241            TIPA LTD: DEALS             284

TABLE 242            FLEXIBLE PACKAGING SOLUTIONS: COMPANY OVERVIEW          286

TABLE 243            FLEXIBLE PACKAGING SOLUTIONS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    286

TABLE 244            FLEXIBLE PACKAGING SOLUTIONS: EXPANSIONS     287

TABLE 245            NOTPLA: COMPANY OVERVIEW                289

TABLE 246            NOTPLA: PRODUCTS/SOLUTIONS/SERVICES OFFERED             289

TABLE 247            ADJACENT MARKETS     294

TABLE 248            FOOD PACKAGING FILMS MARKET, BY TYPE, 2020–2027 (USD MILLION)            295

TABLE 249            FOOD PACKAGING FILMS MARKET, BY TYPE, 2020–2027 (KILOTONS)  295

TABLE 250            FOOD & BEVERAGE METAL CANS MARKET, BY FABRICATION TYPE,

2020–2023 (USD BILLION)             297

TABLE 251            FOOD & BEVERAGE METAL CANS MARKET, BY FABRICATION TYPE,

2024–2029 (USD BILLION)             297

LIST OF FIGURES

FIGURE 1              MARKET SEGMENTATION           29

FIGURE 2              SMART FOOD PACKAGING MARKET: RESEARCH DESIGN                33

FIGURE 3              BREAKDOWN OF PRIMARY INTERVIEWS:

BY COMPANY TYPE, DESIGNATION, AND REGION            36

FIGURE 4              MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE)—COLLECTIVE SHARE OF KEY PLAYERS              37

FIGURE 5              MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE)—COLLECTIVE REVENUE OF ALL PRODUCTS         37

FIGURE 6              MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 (DEMAND SIDE)—PRODUCTS SOLD            38

FIGURE 7              MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 4–TOP-DOWN APPROACH   38

FIGURE 8              DATA TRIANGULATION METHODOLOGY                 39

FIGURE 9              SMART FOOD PACKAGING MARKET, BY PACKAGING TYPE,

2024 VS. 2029 (USD MILLION)      42

FIGURE 10            SMART FOOD PACKAGING MARKET, BY MATERIAL, 2024 VS. 2029 (USD MILLION)              43

FIGURE 11            SMART FOOD PACKAGING MARKET, BY FUNCTIONALITY,

2024 VS. 2029 (USD MILLION)      44

FIGURE 12            SMART FOOD PACKAGING MARKET, BY APPLICATION,

2024 VS. 2029 (USD MILLION)      45

FIGURE 13            SMART FOOD PACKAGING MARKET SHARE, BY REGION, 2024     46

FIGURE 14            INCREASE IN DEMAND FOR ENHANCED FOOD SAFETY, EXTENDED SHELF LIFE, AND SUSTAINABLE PACKAGING SOLUTIONS              47

FIGURE 15            US AND ACTIVE PACKAGING TO ACCOUNT FOR LARGEST SHARES IN 2024             48

FIGURE 16            US TO ACCOUNT FOR LARGEST SHARE IN 2024                 49

FIGURE 17            PLASTIC PACKAGING MATERIAL TO DOMINATE SMART FOOD PACKAGING MARKET DURING FORECAST PERIOD         50

FIGURE 18            BARRIER PROTECTION TO DOMINATE SMART FOOD PACKAGING MARKET DURING FORECAST PERIOD                 51

FIGURE 19            PROCESSED FOOD PRODUCTS TO LEAD MARKET DURING FORECAST PERIOD    52

FIGURE 20            MARKET DYNAMICS: SMART FOOD PACKAGING MARKET               56

FIGURE 21            VALUE CHAIN ANALYSIS OF SMART FOOD PACKAGING MARKET    66

FIGURE 22            SUPPLY CHAIN ANALYSIS OF SMART FOOD PACKAGING MARKET    67

FIGURE 23            REVENUE SHIFT FOR SMART FOOD PACKAGING MARKET               67

FIGURE 24            SMART FOOD PACKAGING: MARKET MAP                 69

FIGURE 25            SMART FOOD PACKAGING MARKET: PORTER’S FIVE FORCES ANALYSIS 74

FIGURE 26            NUMBER OF PATENTS GRANTED BETWEEN 2014 AND 2024    76

FIGURE 27            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS IN

SMART FOOD PACKAGING TYPES            85

FIGURE 28            KEY BUYING CRITERIA FOR TOP THREE APPLICATION INDUSTRIES OF

SMART FOOD PACKAGING          86

FIGURE 29            SMART FOOD PACKAGING MARKET, BY APPLICATION,

2024 VS. 2029 (USD MILLION)      88

FIGURE 30            SMART FOOD PACKAGING MARKET, BY FUNCTIONALITY,

2024 VS. 2029 (USD MILLION)      100

FIGURE 31            SMART FOOD PACKAGING MARKET, BY MATERIAL, 2024 VS. 2029 (USD MILLION)              110

FIGURE 32            SMART FOOD PACKAGING MARKET, BY PACKAGING TYPE,

2024 VS. 2029 (USD MILLION)      118

FIGURE 33            JAPAN TO BE FASTEST-GROWING MARKET IN SMART

FOOD PACKAGING DURING FORECAST PERIOD               141

FIGURE 34            NORTH AMERICA: SMART FOOD PACKAGING MARKET SNAPSHOT       143

FIGURE 35            ASIA PACIFIC: SMART FOOD PACKAGING MARKET SNAPSHOT       165

FIGURE 36            TOP FIVE PLAYERS DOMINATE MARKET, 2021–2023 (USD BILLION)        195

FIGURE 37            RANKING OF TOP FIVE PLAYERS IN SMART FOOD PACKAGING MARKET, 2023            197

FIGURE 38            SMART FOOD PACKAGING MARKET:

COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023  200

FIGURE 39            SMART FOOD PACKAGING MARKET: COMPANY FOOTPRINT       201

FIGURE 40            SMART FOOD PACKAGING MARKET:

COMPANY EVALUATION MATRIX (START-UPS/SMES), 2023                 206

FIGURE 41            COMPANY VALUATION OF FEW MAJOR PLAYERS (USD BILLION)               209

FIGURE 42            EV/EBITDA OF KEY COMPANIES               209

FIGURE 43            BRAND/PRODUCT COMPARISON             210

FIGURE 44            AMCOR PLC: COMPANY SNAPSHOT        221

FIGURE 45            SEALED AIR: COMPANY SNAPSHOT         229

FIGURE 46            BERRY GLOBAL INC.: COMPANY SNAPSHOT                 236

FIGURE 47            THE TETRA LAVAL GROUP: COMPANY SNAPSHOT          240

FIGURE 48            MONDI: COMPANY SNAPSHOT 243

FIGURE 49            TOYO SEIKAN GROUP HOLDINGS, LTD.: COMPANY SNAPSHOT   249

FIGURE 50            CROWN: COMPANY SNAPSHOT 252

FIGURE 51            3M: COMPANY SNAPSHOT           255

FIGURE 52            MITSUBISHI GAS CHEMICAL COMPANY, INC.: COMPANY SNAPSHOT   258

FIGURE 53            HUHTAMÄKI OYJ: COMPANY SNAPSHOT                 263