The global market for Nanotechnology For Food Packaging estimated at USD 13170 Million in 2023 is projected to reach a revised size of USD 23055.03 Million by 2030, growing at a CAGR of 11.85% over the period 2023-2030.
Nanotechnology involves the manipulation of materials at the nanoscale level (i.e., one billionth of a meter), which can result in unique physical and chemical properties that are not found in conventional materials. In the food packaging industry, nanotechnology has been used to create packaging materials that have improved barrier properties, which can help to extend the shelf life of food products. Nanoparticles can also be incorporated into packaging materials to provide antimicrobial or antioxidant properties, which can help to reduce the growth of harmful bacteria or prevent the degradation of food products.
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Leading players involved in the Nanotechnology For Food Packaging Market include:
Amcor (Australia), Tetra Pak (Switzerland), Bemis Company Inc (USA), Sealed Air Corporation (USA), BASF SE (Germany), Dow Chemical Company (USA), DuPont de Nemours Inc (USA), Mitsubishi Gas Chemical Company Inc (Japan), Honeywell International Inc (USA), 3M Company (USA), Crown Holdings Inc (USA), Ball Corporation (USA), Mondi Group (South Africa), Smurfit Kappa Group (Ireland), Uflex Limited (India), Taghleef Industries Group (UAE), Klöckner Pentaplast (Germany), Innovia Films (UK), Toray Industries Inc (Japan)Nanocor Inc(USA) and Major Key Players.
Updated Version 2023 is available our Sample Report May Includes the:
- Scope For 2023
- Brief Introduction to the research report.
- Table of Contents (Scope covered as a part of the study)
- Top players in the market
- Research framework (structure of the report)
- Research methodology adopted by Worldwide Market Reports
Segmentation Analysis of The Global Nanotechnology for Food Packaging Market
Global Nanotechnology for Food Packaging Market segments covers the Product and application. The Active Packaging segment is Anticipated to Dominate the Market Over the Forecast period. Active packaging is a rapidly growing segment of the Nanotechnology for Food Packaging Market and is expected to continue dominating the market in the coming years. Active packaging refers to packaging that contains substances that interact with the food to extend its shelf life or improve its safety and quality.
Segmentation of Nanotechnology for Food Packaging Market:
By Product
- Active Packaging
- Improved Packaging
- Smart Packaging
By Application
- Fruits And Vegetables
- Beverages, Prepared Foods
- Meat Products
- Bakery
- Others
Market Segment by Regions: -
- North America (US, Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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Key Industry Developments in the Global Nanotechnology for Food Packaging Market
In March 2023, Amcor begins a joint research project with Nfinite Nanotechnology. Multinational packaging company Amcor has entered a joint research project agreement with functional nanocoating technology provider Nfinite Nanotechnology. N finite's coating technology will be utilized to enhance Amcor's current recyclable and compostable packaging material. The main goal is to introduce an oxygen barrier that enhances the performance of the packaging, thereby improving its functionality for recyclable and compostable applications.
Reasons to Purchase this Market Report:
- Market forecast analysis through recent trends and SWOT analysis
- Nanotechnology for Food Packaging Market Dynamics Scenarios with Market Growth Opportunities over the Next Year
- Market segmentation analysis, including qualitative and quantitative studies that include economic and non-economic impacts
- Nanotechnology for Food Packaging Market Regional and country-level analysis that integrates demand and supply forces that impact the growth of the market.
- Competitive environment related to the Nanotechnology for Food Packaging market share for key players, along with new projects and strategies that players have adopted over the past five years
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