London, 27 August 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global Nano-enabled Food and Beverage Packaging Market 2014-2018, which is expected to post a CAGR of 10.48 percent during the forecast period of 2013-2018.
Nano-enabled food and beverage packaging products use nano-engineered materials such as nanocoatings and nanocomposite-based packaging films to enhance food safety and quality.
The Global Nano-enabled Food and Beverage Packaging market is expected to witness strong growth because of the increased adoption of nano-enabled packaging technologies to enhance the shelf life of food and maintain the consistency of food.
“The increasing demand for safe and healthy packaged food has led to high adoption of nano-enabled packaging technologies by food and beverage manufacturers,” says Faisal Ghaus, Vice President of TechNavio.
“There is high demand for nanocomposite-based packaging materials for bottled and carbonated beverages. Such packaging materials reduce the leakage of carbon dioxide, thereby enhancing shelf life.”
Key Market Drivers
- Globalization
- Innovation
- Increasing Demand for Packaging for Beverages
Key Market Trends
- Increased Focus on Development of Bionanocomposite-based Products
- Increasing Demand in APAC Region
- Increased Adoption of Nanosensors
Key Market Vendors
- Amcor Ltd.
- Bayer AG
- Danaflex-Nano
- Honeywell International Inc.
- Tetra Pak International SA
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
