Oxygen Barrier Films and Coatings For Dry Food Market Introduction 

Oxygen barrier films and coatings for dry food are materials that are used to protect dry food products from oxygen exposure. Dry food products are highly susceptible to oxygen, which can cause spoilage and reduce the shelf life of the product. Oxygen barrier films and coatings for dry food are designed to prevent this from happening by providing a protective barrier that prevents oxygen from reaching the food. These materials are commonly used in the packaging of dry food products such as cereals, snacks, and baked goods. They are available in a variety of formats, including films, coatings, laminates, and pouches. The use of oxygen barrier films and coatings for dry food is becoming increasingly popular due to their effectiveness in maintaining the quality and freshness of dry food products over an extended period of time.

Oxygen Barrier Films and Coatings For Dry Food Market Size

As of 2021, the global market size for oxygen barrier films and coatings for dry food was valued at approximately USD 1.8 billion. The market is expected to grow at a CAGR of around 5% from 2022 to 2030.

Oxygen Barrier Films and Coatings For Dry Food Market Share

As per the latest available data, the global oxygen barrier films and coatings market for dry food was valued at USD 1.8 billion in 2020. However, regional market shares may vary.

Oxygen Barrier Films and Coatings For Dry Food Market Trends

The following are some trends observed in the oxygen barrier films and coatings for dry food market:

Increasing demand for sustainable and eco-friendly packaging solutions: With growing environmental concerns, there is a rising demand for packaging solutions that are eco-friendly, biodegradable, and recyclable. Oxygen barrier films and coatings made from bio-based materials such as PLA, PHA, and starch are gaining popularity as sustainable alternatives to traditional packaging materials.Focus on extending shelf life: The use of oxygen barrier films and coatings for dry food packaging is aimed at extending the shelf life of the products. Manufacturers are developing films and coatings that provide superior barrier properties to protect food products from oxygen, moisture, and other external factors that can cause spoilage and degradation.Adoption of nanotechnology: The use of nanotechnology in the development of oxygen barrier films and coatings is a growing trend in the market. Nanotechnology allows for the development of materials with unique properties that offer improved barrier properties and greater shelf life for food products.Rising demand for convenience foods: Convenience foods, such as ready-to-eat meals and snacks, are gaining popularity among consumers due to their ease of preparation and consumption. Oxygen barrier films and coatings for dry food packaging play a crucial role in ensuring the safety and shelf life of these products, making them a critical component of the convenience food industry.Increasing adoption of flexible packaging: Flexible packaging is gaining popularity over rigid packaging due to its lightweight, cost-effectiveness, and convenience. Oxygen barrier films and coatings for dry food packaging are widely used in flexible packaging applications due to their ability to provide excellent barrier properties while maintaining flexibility and durability.

Oxygen Barrier Films and Coatings For Dry Food Market Driving Factors

The driving factors for the Oxygen Barrier Films and Coatings for Dry Food Market are:

Increasing Demand for Packaged Food: The increasing demand for packaged food due to the busy lifestyle of people has increased the demand for oxygen barrier films and coatings for dry food. This is because these films and coatings help in increasing the shelf life of the food products by preventing the entry of oxygen.

Growing Need for Food Preservation: Oxygen barrier films and coatings help in preserving the quality and freshness of the food products by preventing the growth of microorganisms. The growing need for food preservation is thus driving the demand for these films and coatings.

Technological Advancements: The development of new and advanced technologies for the production of oxygen barrier films and coatings is driving the market growth. The use of nanotechnology and biodegradable materials in the production of these films and coatings is further fueling the demand.

Environmental Concerns: The increasing environmental concerns have led to a shift towards sustainable packaging solutions. Oxygen barrier films and coatings made from biodegradable and compostable materials are eco-friendly and are thus gaining popularity among consumers and manufacturers.

Increased Focus on Product Quality and Safety: The increasing focus on product quality and safety has led to the adoption of oxygen barrier films and coatings for dry food products. These films and coatings help in maintaining the quality and safety of the food products by preventing contamination and oxidation.

Oxygen Barrier Films and Coatings For Dry Food Market Regional Analysis

The global oxygen barrier films and coatings for dry food market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.North America and Europe are expected to dominate the market owing to the high demand for packaged dry food products and the presence of major players in the region. The Asia Pacific region is expected to grow significantly due to the increase in urbanization, growth in the food industry, and rise in disposable income of consumers in developing countries like China and India.Latin America and the Middle East & Africa are also expected to experience moderate growth due to the increasing demand for packaged food products and growing consumer awareness about food quality and safety.

Oxygen Barrier Films and Coatings For Dry Food Market Forecasts 2030 

The global market for oxygen barrier films and coatings for dry food is expected to grow from USD 1.4 billion in 2020 to USD 2.1 billion by 2030, at a compound annual growth rate (CAGR) of 4.2% during the forecast period. The growth is attributed to the increasing demand for convenience food, changing lifestyle patterns, and the need for extended shelf-life of dry food products.Furthermore, the report also highlights that the Asia Pacific region is expected to witness the highest growth during the forecast period, owing to the increasing population, rising disposable income, and changing food preferences in the region. The demand for oxygen barrier films and coatings for dry food is expected to increase in countries like China, India, Japan, and South Korea.However, the market is also expected to face challenges such as fluctuating raw material prices, increasing competition, and stringent regulations related to food packaging. Therefore, companies in this market are focusing on product innovation and developing sustainable packaging solutions to gain a competitive edge.Overall, the market for oxygen barrier films and coatings for dry food is expected to experience moderate growth during the forecast period, with the Asia Pacific region driving the growth.

Oxygen Barrier Films and Coatings For Dry Food Market Key Industry Players

Some of the key industry players in the oxygen barrier films and coatings for dry food market include Amcor Limited, Bemis Company, Inc., Mondi Group, Sealed Air Corporation, Coveris Holdings S.A., Winpak Ltd., Uflex Ltd., Cosmo Films Limited, Toray Plastics (America), Inc., and Berry Global, Inc.