According to the MarkNtel Advisors’ research report, “Global Nanotechnology in Food & Beverage Market Analysis, 2021," the market is likely to attain more than 10% CAGR during 2021-26. The adoption of nanotechnology in the food & beverages industry has grown drastically for various purposes, including disease detection to prevent losses and identify food contamination & adulteration.
The market growth further attributes to the burgeoning use of nanocomposite in bottles to increase the shelf life of carbonated beverages, escalating investments in R&D for inventing & innovating Smart packaging, and rising demand for packaged & processed food.
Key questions answered in the study
Food & Beverage Processing Witnessing Significant Growth
Based on Application, Food & Beverages Processing is witnessing significant growth in the Global Nanotechnology Food & Beverages market. Nanotechnology in food processing, used as food additives and an antimicrobial agent, enhances the durability of packaging material, thereby helping bring down the food wastage, which happens due to microbial infestation, and also accelerate the shelf life of various food products.
"Global Nanotechnology in Food & Beverage Market Analysis, 2021" provides comprehensive, qualitative, and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for Nanotechnology in Food & Beverage Industry providers across the globe. Moreover, the report also encompasses the key strategic imperatives for competitors' success and strategic factorial indexing to measure their capabilities on 16 parameters, which will help companies formulate 'Go to Market' strategies and identify the blue ocean for their offerings.
Asia-Pacific Exhibits Fastest Growth
Asia-Pacific is likely to register the fastest growth in the Global Nanotechnology in Food & Beverage market over the forecast period during 2021-26 due to growing awareness regarding nanotechnology among end-users, increasing demand for good quality food due to rising health concerns, and surging incidences of foodborne diseases in the country. In India, foodborne diseases shall reach around 150-177 million by 2030, thereby driving the growth of the Global Nanotechnology in the Food & Beverage Market in the forecast period, states MarkNtel Advisors in their research report, “Global Nanotechnology in Food & Beverage Market Analysis, 2021."
According to MarkNtel Advisors, the major leading players in the Global Nanotechnology in Food & Beverage market are Aquanova AG, Nanopack Inc., Pen Inc., Valentis Nanotech.