Global Nano-Enabled Packaging Market Worth $15.0 Billion in 2020: Persistence Market Research

Nano-enabled packaging involves the use of nanomaterials (NMs), which have external dimensions of less than 100 nanometres (nm). Titanium nitride, silver, and nanoclay are the most commonly used NMs in the food and beverages industry. Nano materials have been exploited world over to be utilized in a wide range of market sectors.

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New York, NY -- (SBWire) -- 04/20/2015 --According to a new market report published by Persistence Market Research "Global Market Study on Nano-Enabled Packaging For Food and Beverages: Intelligent Packaging to Witness Highest Growth by 2020", the global nano enabled packaging market for food and beverages industry was worth USD 6.5 billion in 2013 and is expected to grow at a CAGR of 12.7% during 2014 to 2020, to reach an estimated value of USD 15.0 billion in 2020.

Browse the full Global Market Study on Nano-Enabled Packaging For Food and Beverages: Intelligent Packaging to Witness Highest Growth by 2020 report at http://www.persistencemarketresearch.com/market-research/nano-enabled-packaging-market.asp

Global nano enabled packaging market is growing due to increasing demand for shelf stable packaging. Nano materials have been exploited world over to be utilized in a wide range of market sectors. Food and beverages packaging is one of them to receive its benefits and extend them to the consumers. Growth of several food sectors and increase in food-led export activities are some of the major reasons for the growth of nano enabled packaging in this industry.

Nano-enabled food and beverages packaging has considerably low share (about 3%) in the food and beverages packaging industry. Nanotechnology finds its applications in several industries, including information and communications, cosmetics, textiles, energy, medicine, and food and beverages. Nano-enabled packaging gives longer shelf life to food and beverages as compared to traditional plastic packaging. Barrier coating in the food and beverages industry finds its use commonly in the packaging of snacks, dried food, and beverages. It is the barrier property of the PET bottles that keeps the flavor and fizz of carbonated soft drinks intact by keeping oxygen outside the bottles from coming in contact with the drinks. Nanotechnology-enabled barrier also protects food and beverages from carbon dioxide (CO2), water, vapor, and ultraviolet rays.

There are two sub-technologies used in the nano enabled packaging in food and beverage namely active packaging and intelligent packaging wherein former is the dominant technology segment. By application the market is segmented into five application areas namely bakery, meat products, beverages, fruit and vegetables, prepared foods and others.

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The market for active packaging is growing rapidly due to a shift from customary food packaging to shelf-stable packaging. Different technologies are used in active packaging on the basis of suitability for various food and beverage types. The most common of these is oxygen scavenger in which oxygen in the environment of a food item is absorbed into the package to promote shelf life. Another popular type is controlled release packaging, which is suitable for controlling continuous food degradation reactions, such as microbial growth and lipid oxidation. Asia Pacific is the largest market for active packaging with Japan being the leading country in the region.

Below is the segmentation done by Persistence Market Research for global market study on nano enabled packaging for food and beverages:

1) Market Size and Forecast by Technology

Market Size and Forecast (by value)

Active Packaging
Intelligent Packaging

2) Market Size and Forecast by Application

Market Size and Forecast (by value)

Bakery Products
Meat Products
Beverages
Fruit and Vegetables
Prepared Foods
Others

3) Market Size and Forecast by Region

North America

Market Size and Forecast by technology (by value)
Market Size and Forecast by application (by value)

Europe

France Market Size and Forecast by technology (by value)
Market Size and Forecast by application (by value)

Asia Pacific

Market Size and Forecast by technology (by value)
Market Size and Forecast by application (by value)
Rest of the World (RoW)

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About Persistence Market Research
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.

PMR stands committed to bringing more accuracy and speed to clients' business decisions. From ready-to-purchase market research reports to customized research solutions, PMR's engagement models are highly flexible without compromising on its deep-seated research values.

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Glen Hare
Marketing Head
Persistence Market Research
646-568-7751
http://www.persistencemarketresearch.com/market-research/nano-enabled-packaging-market.asp

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