“Nano-enabled
Packaging Market” : Make intelligent decisions with strategic
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growth opportunities in your market. Refer market research report on
"Nano-enabled
Packaging Market" 2016 To 2023. Nano-enabled packaging
is the fruit of revolution in the packaging industry. Nano-enabled
packaging utilizes nano materials, with diameter less than 100
nanometers, to manufacturing packaging materials. Nano-enabled
packaging is extensively employed in food & beverage and
pharmaceutical packaging and has exhibited strong acceptance in the
market. Nano-enabled packaging provides longer shelf life to
perishable food and beverages. Nano-enabled packaging has been found
to improve attributes such as taste, texture, color and consistency
of the packaged food. It increases absorption and the bio
availability of nutrients in foodstuffs. Among the various nano
particles used in this industry, nanoclay, silver and titanium
nitride have the largest applications. Nanoclay is the most used
material owing to its cheap availability and utility in popular
thermoplastics such as polypropylene, PET, nylon and thermoplastic
polyolefin.
Technology can
broadly classify nano-enabled packaging into active packaging,
controlled release packaging and intelligent packaging. Active
packaging refers to the package having functions other just
protection and containment of the product. Controlled release
packaging, a sub segment of active packaging, enables release of
active compounds at a controlled rate over the period of storage of
the food product in order to maintain its quality and nutrition
quotient. Intelligent packaging has the ability to sense alteration
in packaging environment and communicate the same. It can indicate
the quality of the packaged product through intelligent sensors. By
applications the market can be segmented into pharmaceutical,
beverages, bakery products, meat products, fruits and vegetables and
prepared food.
The nano-enabled
packaging market is driven by the growth in demand for packaged food
products across the world. Nano-enabled packaging provides
significant benefits over conventional packaging techniques and is
hence gaining in acceptance and demand from all end use application
industries. Growth in packaged meat industry has exhibited
exceptional growth over the years and has been the source of one of
the highest demands for nano-enabled packaging. Pharmaceutical
application of nano-enabled packaging is one of the largest
applications of the technology. Over the past few decades, medical
and pharmaceutical advancements have created need of improved
packaging for enhanced protection against external attributes such as
light, moisture and air. Moreover, drug packaging plays a very
important role in the drug delivery process in modern treatments,
thereby increasing the demand for enhanced packaging technologies
such as nano-enabled drug packaging.
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The market has been
further propelled by regulations by government bodies promoting use
of nano-enabled packaging to ensure food safety. For instance FDA
recommends food and beverages packaging by means of nano-enabled
packaging technique. The market has tremendous growth opportunity
especially in emerging markets, where its penetration is low. However
some nanomaterials not compatible with certain food materials and the
manufacturers need to obtain approval from Central Federal Register
(CFR), in the US, for indirect food additives.
Among the different
technologies of active packaging, oxygen scavenger, barrier
packaging and moisture absorbers are the most common technologies
occupying the lion’s share of the market. The nano-enabled
packaging market is led by demand for Japan in Asia. There is high
demand for this packaging technology in North America and the market
has exhibited strong growth. The market in Europe is lukewarm, but is
expected to pick up soon with the introduction of Actipak project.
High opportunity exists in emerging Asian economies such as China and
India, where packaged food and beverage market has been increasing at
a rapid pace.
Some of the Major
Companies involved in the
nano-enabled packaging market are Amcor Limited, Honeywell
International, Inc., BASF SE, Chevron Phillips Chemical Company LLC
and Sonoco Products Company among many others.
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