Canada Nano-Enabled Packaging Market for Food & Beverages, 2015 - 2022

Canada Nano-Enabled Packaging Market for Food & Beverages, 2015 2022
Persistence Market Research
Nano-enabled Packaging for Food and
Beverages Market in Canada will reach US$
600 Mn by 2022: Persistence Market
Research
Persistence Market Research
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Canada Nano-Enabled Packaging Market for Food & Beverages, 2015 2022
Persistence Market Research Released New Market Report According to a new market report
published by Persistence Market Research “Nano-enabled Packaging for Food and
Beverages Market: Canada Industry Analysis and Forecast, 2015 - 2022”. The
Canada nano-enabled packaging for food and beverages market is anticipated to expand at
a CAGR of 8.3% during the forecast period owing to various growth factors, regarding which
PMR offers vital insights in detail in this report.
On the basis of application, the market has been segmented into bakery products, prepared
foods, meat products, beverages, dairy products, fruits and vegetables, and others. In terms
of market share, prepared food segment dominated the Canada nano-enabled packaging for
food and beverages market in 2014, with over 20% share. However, the segment is
expected to witness a decline of over 140 BPS by the end of 2022.
On the basis of technology, the nano-enabled packaging for food and beverages market in
Canada has been segmented into controlled, active, and intelligent packaging. Of these,
controlled packaging segment contributed the highest revenue to the Canada nano-enabled
packaging market for food and beverages market in 2014.
The growth of the nano-enabled packaging for food and beverages market in Canada is
mainly driven by rising demand for anti-counterfeit products, prevention of contamination,
and increasing application of nano-enabled packaging. However, lack of information on the
impact of nano-materials on food and beverage products, high cost associated with nanopackaging, and increasing complexity with developing customized nano-enabled packaging
products are restraining the growth of the market to a certain extent.
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Some major players identified in the Canada nano-enabled packaging market for food and
beverages market are 3M Company, Amcor Limited, BASF SE, Crown Holdings Incorporated,
E. I. du Pont de Nemours and Company – DuPont, Honeywell International, Inc., Bemis
Company, Inc., Sealed Air Corp., Multisorb Technologies, Inc., and AMCOL International
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Canada Nano-Enabled Packaging Market for Food & Beverages, 2015 2022
Corporation – Nanocor Inc. Major nano-enabled packaging manufacturers in the market are
currently focusing on strengthening their partnerships with processed food manufacturers to
develop enhanced products catering to various food and beverage applications.
View Detail Report With TOC: http://www.persistencemarketresearch.com/marketresearch/canada-nanoenabled-packaging-food-beverages-market.asp
Market History:
Nano-enabled packaging is the next phase of evolution in the packaging industry. It
enhances a product’s shelf life and reduces the risk of contamination. Nano-enabled
packaging is formed using two basic components: nano-composites and nano-fillers. Nanocomposite is a framework or base where nano-fillers such as metals, metal oxides, clays,
and carbon nano-tubes can be used to fill in the gaps of the framework. Various nano-fillers
have different properties that enhance packaging materials to give them various
functionality such as oxygen scavenger, ethylene scavenger, and antioxidants. Rising
demand for anti-counterfeit products, prevention of contamination, and increasing
application of nano-enabled packaging are driving the growth of the nano-enabled
packaging market in Canada. However, lack of information on the impact of nano-materials
on food and beverage products, high cost associated with nano-packaging, and increasing
complexity with developing a customized nano-enabled packaging products are restraining
the growth of the market to a certain extent.
The Canada nano-enabled packaging for food and beverages market was valued at US$
350.5 Mn in 2014 and is expected to exhibit a healthy CAGR through 2022. The Canada
nano-enabled packaging for food and beverages market is segmented on the basis of
application and technology. By application, the market is segmented into bakery products,
meat products, dairy products, fruit and vegetables, prepared foods, beverages, and others.
Of these, prepared food segment dominated the market in 2014, with over 20% value share.
By technology, the Canada nano-enabled packaging for food and beverages market is
segmented into controlled, active, and intelligent packaging. Controlled packaging segment
was dominant in 2014 and is anticipated to remain so during the forecast period.
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Canada Nano-Enabled Packaging Market for Food & Beverages, 2015 2022
Some major players identified in the Canada nano-enabled packaging for food and
beverages market are 3M Company, Amcor Limited, BASF SE, Crown Holdings Incorporated,
E. I. du Pont de Nemours and Company – DuPont, Honeywell International, Inc., Bemis
Company, Inc., Sealed Air Corp., Multisorb Technologies, Inc., and AMCOL International
Corporation – Nanocor Inc. Major nano-enabled packaging manufacturers in the market are
currently focusing on strengthening their partnerships with processed food manufacturers to
develop enhanced products catering to various food and beverage applications.
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Canada Nano-Enabled Packaging Market for Food & Beverages, 2015 2022
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company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data
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