The nano packaging materials market for food will project a CAGR of 8.50% for the forecast period of 2021-2028. Rising focus on the packaging product innovations and technological advancements by the manufacturers, growth and expansion of packaging industry especially in the developing economies like India and China, surging demand for innovative packaging solutions that are developed with advanced and innovative methods of manufacturing, growing consumption of meat and meat related products and increased personal disposable income are the factors driving the growth of nano packaging materials market for food market.
From the name itself, it is clear that the nano packaging materials, that is with a size of less than 100 nanometers, are used for food packaging materials. The nano packaging materials are used owing to their ability to keep the food products fresh for a longer period of time and improve the shelf life of perishable goods. Also, the packaging materials are widely being used for other applications owing to their safety and traceability.
This nano packaging materials market for food report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market.
Nano Packaging Materials Market for Food Scope and Market Size
Global nano packaging materials market for food is segmented on the basis of technology and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
On the basis of technology, nano packaging materials market for food is segmented into active packaging, intelligent and smart packaging and controlled release packaging.
Based on application, nano packaging materials market for food is segmented into bakery products, meat products, beverages, fruit and vegetables, prepared foods and others.
Asia-Pacific region will dominates the global nano packaging materials market for food during the forecast period owing to the increasing availability of raw materials and growing food processing activities. Asia-Pacific will continue to undergo substantial gains. Ever-rising population base and increased personal disposable income are some important market growth determinants.
The country section of the nano packaging materials market for food report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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The major players covered in the nano packaging materials market for food report:
AVERY DENNISON CORPORATION., 3M, BASF SE, Amcor plc, Honeywell International Inc, Chevron Phillips Chemical Company, Sonoco Products Company, danaflex, Bemis Manufacturing Company, Tetra Pak International S.A., Sealed Air, PPG Industries, Inc., Sidel Group, Dupont., Dow, Dupont Teijin Films U.S. Limited Partnership., Klöckner Pentaplast, Crown, Minerals Technologies Inc., and Multisorb among other global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.