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Processing & Packaging Technologies
Processing technology focuses on formulating and knowing how to formulate processed products. Processing is relevant to food, biotechnology, chemical, and agricultural technologies. At the same time, packaging technology focuses on which products can be treated during and after their development to maintain their integrity over time by inhibiting internal degradation and protecting them from external damage.
Improved marketing, enhanced labeling, prolonged shelf-life, and product security against contamination have been the key objectives driving innovation in the processing and packaging industry over the last decade. In addition to these, today market players are increasingly focusing on developing environment friendly-packaging solutions, that can improve packaging efficiency and reduce waste.
We at Meticulous Research® are continuously tracking the Processing & Packaging Technologies ecosystem to identify high-growth areas for players operating in this market and enable them to capitalize on peripheral technologies to ensure sustainable revenue growth over the coming years.
Drivers
Growing use of packaging as a product differentiation tool
Growing trend of contract packaging in the pharmaceuticals industry
Increasing integration of automation technologies for processing & packaging
Rising need for products with longer shelf-life
Growing demand for high-barrier biodegradable packaging
High demand for packaging automation in the logistics industry
Rising demand for customized packaging
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