Anti-Counterfeiting Packaging Technologies in the Global Pharmaceutical and Food Industries

June 29, 2011

Wellesley, Mass. – In a recent release, ANTI-COUNTERFEITING PACKAGING TECHNOLOGIES IN THE GLOBAL PHARMACEUTICAL AND FOOD INDUSTRIES (FOD042B) from BCC Research (www.bccresearch.com), the global sales of anti-counterfeiting packaging technologies was worth $64 billion in 2010. That value is projected to be $74.2 billion in 2015, after increasing at a five-year compound annual growth rate (CAGR) of 3%.

The global sales of anti-counterfeiting packaging technologies can be broken down into two segments by technology– track and trace technologies, and authentication technologies.

The segment made up of track and trace technologies was valued at $31.7 billion in 2010, and in 2015 should be worth $36.5 billion, yielding a CAGR of 2.9%.

The segment made up authentication technologies was worth $32.4 billion in 2010 and should reach a value of $37.7 billion in 2015, a CAGR of 3.1%.

Global counterfeiting is a growing problem that poses public health and safety concerns for consumers and law enforcement agencies, and also creates financial concerns for legitimate global businesses. Anti-counterfeiting initiatives include the use of technology-based measures, regulatory provisions, secure business practices, consumer awareness and education, and increased global collaborative surveillance by government and non governmental agencies.

In the pharmaceutical and food industries, counterfeiting can cause loss in sales and profits, erosion of brand integrity, and decreased customer loyalty. The counterfeit and pirated goods trade within the industry threatens innovation incentives, competitive business, and employment livelihood. For these reasons and many others, there is an obvious need for anti-counterfeiting measures, and a foreseeable market for anti-counterfeiting packaging technologies over the next five years.

This report will be a great resource for readers who are interested in exploring existing and prospective anti-counterfeiting technologies. Additionally, companies invested in the pharmaceutical and food industries and those contemplating industry participation will find this report beneficial to the decision making process. Others who may find the report useful include brand owners, distributors, developers of secure technologies, and other stake holders in global supply chain management.

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Anti-Counterfeiting Packaging Technologies in the Global Pharmaceutical and Food Industries( FOD042B )
Publish Date: Feb 2011    

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