Anti-Counterfeiting Packaging Technologies in the Global Pharmaceutical and Food Industries
Global sales of anti-counterfeiting packaging technologies to the drug and food industries amounted to $59 billion in 2009 and are projected to reach $74.2 billion in 2015, a compound annual growth rate (CAGR) of 3% from 2010 to 2015. North America is projected to account for 59.8% of global sales, making it the largest market for anti-counterfeiting packaging technologies in 2015.
This study is about applications of anti-counterfeiting packaging technologies in the global pharmaceutical and food industries. It particularly focuses on authentication and track and trace packaging technologies. This report covers the role of U.S. and foreign manufacturers and regulatory agencies in the market for anti-counterfeiting technologies. Practically all drug and food products go through multiple distribution channels from the original manufacturers until they reach the final consumers. Consequently, the supply chain is integral to the application of anti-counterfeiting packaging technologies. Recognizing that it is impossible to capture the diversity of the global drug and food supply chains in detail, the report uses the U.S. drug and food marketing systems to illustrate the roles of key players (for example, manufacturers, wholesalers, retailers) in the supply chain. Additionally, this report recognizes and highlights the growing role of the Internet in the global supply chain.
Market projections of global sales of authentication and track and trace packaging technologies to the drug and food industries are developed through 2015. Excluded are the usage and sales of these technologies in other consumer packaged goods sectors. Investment in research and development are important to the ongoing innovations in packaging technologies. This report compiles recent patents awarded for innovations in the categories of technologies included in this report. Profiles of major manufacturers and suppliers of authentication and track and trace packaging technologies are included.
Rachel Agheyisi works as a freelance research analyst for BCC Research. Her professional experience includes more than 20 years in academia and business consulting. She holds a Ph.D. in Economics from McMaster University in Canada.
U.S. sales of anti-counterfeiting packaging technologies to the drug and food industries amounted to almost $34.2 billion in 2006. Sales are projected to reach $43 billion in 2012, representing a compound annual growth rate (CAGR) of 3.2% over the 2007 to 2012 period.
U.S. sales of authentication packaging technologies to the drug and food industries amounted to almost $10.3 billion in 2006. Sales are projected to grow at a CAGR of 6.0% over the 2007 to 2012 period, to reach $16.9 billion.
U.S. sales of track and trace packaging technologies to the drug and food industries amounted to $23.9 billion in 2006. Sales are projected to grow at a CAGR of 1.6% over the 2007 to 2012 period, to reach $26.1 billion.