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Food And Beverages Nano-Enabled Packaging Market By Type (Active Packaging, Intelligent Packaging, Controlled Packaging), By Application (Fruits And Vegetables, Beverages, Prepared Foods, Meat Products, Bakery Products) - Growth, Future Prospects And Competitive Analysis, 2016 - 2023

This report, titled "Food and Beverages Nano-enabled Packaging Market: Growth, Future Prospects, and Competitive Analysis, 2016–2023," offers strategic insights into the trends in the food and beverage nano-enabled packaging market, along with the market's size and forecast for the duration of 2013–2023. The said research study incorporates an in-depth analysis of multiple market segments based on type, application, and geographical distribution.

Nanotechnology is having an impact on the overall food and beverage industry. Extensive research and development have led to the development of nanotech food packaging solutions. With the help of nanotechnology, companies are keen on developing solutions that offer delayed oxidation, convenience, and controlled microbial growth, ensuring minimal change in the transparency, density, and processing characteristics of the particular product.

There has been an increased inclination among packaging manufacturers to offer efficient packaging solutions to food and beverage manufacturers in order to achieve extended shelf-life, reduced costs, texture, flavor, and balanced nutritional aspects in the final product. This is intended to mitigate the growing demand for convenient and healthy food and beverage products among consumers.

Based on type, the global food and beverage nano-enabled packaging market is categorized into active packaging, intelligent packaging, and controlled packaging. On the basis of applications, the global food and beverage nano-enabled packaging market is segmented into fruits and vegetables, beverages, prepared foods, meat products, bakery products, and others. The market size and forecast for all the segments considered are presented in this report for the period 2013–2023, along with their respective CAGRs for the forecast period 2016–2023 in terms of value).

In terms of geographical distribution, the global food and beverage nano-enabled packaging market is studied for five major regions, namely, North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Market size and forecasts for each regional and country-level market are included in the report for the considered periods.

To further elucidate, the geographical distribution of the global food and beverage nano-enabled packaging market is described as follows:

  • North America
  • U.S.
  • Canada
  • Europe
  • U.K.
  • Germany
  • Rest of Europe
  • Asia-Pacific
  • Japan
  • China
  • Asia-Pacific region
  • Middle East and Africa
  • Latin America 

Along with the quantitative information sets, this report also provides qualitative information, such as market dynamics and an executive summary, for the global food and beverage nano-enabled packaging market. The report also includes tools to help readers with competitive mappings, such as competition assessment and appealing investment propositions. This study concludes with a company profile section. This section includes major information about the key companies engaged in the development of nano-enabled packaging for food and beverages.

Based on type, the global food and beverage nano-enabled packaging market is segmented as follows:

  • Active Packaging
  • Intelligent Packaging
  • Controlled Packaging

Varied nano-enabled packaging types used in the food and beverage industry include active packaging, intelligent packaging, and controlled packaging. Of these, the active packaging segment dominated the market in terms of revenue contribution, accounting for around 60% of the total food and beverage nano-enabled packaging market in 2015. Increasing demand for fresh vegetables and fruits among consumers has resulted in the adoption of active packaging as a packaging type among food and beverage manufacturers. However, the intelligent packaging segment is anticipated to record the highest CAGR throughout the forecast period.

The controlled packaging segment is predicted to record steady growth in the foreseeable future. Since this packaging offers only one benefit, i.e., freshness, its adoption among manufacturers is gradually decreasing, which is restraining the market's growth. However, the other types, intelligent and active packaging, offer collective benefits such as improved food quality and better color, taste, and texture of the packaged food. Apart from these benefits, active and intelligent packaging offer protection from contamination and proper storage of the particular product, ensuring nutrition and quality maintenance.

This has resulted in the utilization of these types of packaging among food and beverage manufacturers, thus propelling the food and beverage nano-enabled packaging market's growth in recent years.

On the basis of application, the food and beverage nano-enabled packaging market is categorized into the following:

  • Fruits and vegetables
  • Beverages
  • Prepared Foods
  • Meat Products
  • Bakery Products
  • Others

Among the aforementioned applications, the beverages segment held the largest market share in 2015 and is expected to maintain its dominance throughout the forecast period. Owing to the demand for better and enhanced color, flavor, taste, and consistency of the product in terms of availability of nutritional content, absorption, and other supplements' presence in beverages, the market is expected to record a significant contribution from the beverages segment. Furthermore, the demand for packaging with a barrier, mechanical, and antimicrobial properties is increasing, which is expected to increase the adoption of nanotechnology among food and beverage manufacturers, thereby driving the growth of the food and beverage nano-enabled packaging market.

Fruits and vegetables are anticipated to record the highest CAGR during the forecast period. Since there is an increasing demand for fresh fruits and vegetables among people of all age groups and these products are susceptible to environmental influences, demand for nanotechnology is anticipated to grow significantly in the segment. Furthermore, the packaged food products and meat products segments are expected to witness significant growth during the forecast period. This is attributed to the growing consumption of these products coupled with increasing shelf-life, which is gaining importance among food and beverage manufacturers, especially in the Asia Pacific region, where the food and beverage industry is a major contributor to the overall economy.

For the purpose of this study, the global food and beverage nano-enabled packaging market is categorized into three segments:

  • North America
  • Europe
  • Asia Pacific
  • Latin America (LATAM)
  • Middle East and Africa (MEA)

The packaging industry is highly influenced by regional trends, and the market varies accordingly. In 2015, Asia Pacific and North America were the two largest regional markets for nanotechnology-enhanced food and beverage packaging. Strong research and development by companies support the growth of nano-enabled packaging for food and beverages in North America.

In addition, acts related to food safety and modernization by the Food and Drug Administration (FDA) in the U.S. bolster the food and beverage nano-enabled packaging market's growth in the country. Moreover, shifting food preferences among Americans towards fresh food products is expected to fuel the demand for intelligent packaging in the country. India and China are potential markets for the food and beverage nano-enabled packaging market in the Asia Pacific.

Increased consumption of beverages and meat products, especially in China and India, fuels the food and beverage nano-enabled packaging market's growth in the region. Also, companies are keen on investing in research and development for the development of advanced packaging technologies. Latin America is anticipated to serve as a potential market for the food and beverage nano-enabled packaging market. Brazil and Argentina serve as key markets, owing to increasing health consciousness among consumers coupled with demand for efficient packaging solutions among manufacturers in the countries.

Frequently Asked Questions:

The market for Food And Beverages Nano-Enabled Packaging Market is expected to reach Us$ 31.2 Bn By 2023.

The Food And Beverages Nano-Enabled Packaging Market is expected to see significant CAGR growth over the coming years, at 5.6%.

The report is forecasted from 2016-2023.

The base year of this report is 2015.

E. I. du Pont de Nemours and Company, Bemis Company, Inc., Crown Holdings Incorporated, Honeywell International, Inc., Tetra Pak International S.A. are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Dec 2016
Category:  Food & Beverage
Report ID:   58294
Report Format:   PDF
Pages:   120
Rating:    4.4 (65)
Delivery Time: 24 Hours to 48 Hours   
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