Global Nanotechnology in Food & Beverage Market Research Report: Forecast (2021-2026)
By Material Type (Silver Nanoparticles, Zinc and Zinc Oxide Nanoparticles, Titanium Dioxide Nanoparticles, Silicon Dioxide Nanoparticles, Others (Protein Nanoparticles, etc.)), By Application (Food & Beverage Processing, Food & Beverage Packaging, Food & Beverage Testing), By Region (North America, South America, Europe, Asia-Pacific, Middle East and Africa), By Country (U.S, Canada, Mexico, Brazil, Germany, France, The U.K, Spain, Italy, Russia, India, Australia, China, South East Asia, Japan, South Africa, GCC), By Competitors (Aquanova AG, Nanopack Inc., Pen Inc., Valentis Nanotech)
Food & Beverages
According to the MarkNtel Advisors' research report, "Global Nanotechnology in Food & Beverage Market Analysis, 2021," the market is likely to grow at a CAGR of more than 10% during 2021-26. The rising concerns regarding microbial food contamination, burgeoning millennial inclination toward processed & packaged food, and surging demand for lightweight & durable materials are crucial factors propelling the market growth. Besides, robust advancements in nanotechnology, significantly rising food export activities across the globe, and burgeoning innovations & advancements in packaging solutions act as growth determinants to the Global Nanotechnology in Food & Beverage Market.
Historical Data: 2016-20
Base Year: 2020
Forecast Period: 2021-26
Middle East & Africa
Food Packaging Projected to Account for the Largest Market Share
Based on the Application, Food Packaging is likely to account for the largest share in the Global Nanotechnology in Food & Beverages industry owing to the rapid growth in the food industry, increasing preferences of customers toward packaged food, and surging developments of new sensing & food packaging solutions by market players. Thus, these are some factors propelling the demand for nanotechnology in food packaging. Moreover, rising environmental concerns toward using biodegradable packaging and burgeoning adoption of nanotechnology to curb the packaging waste associated with processed foods are also driving the Global Nanotechnology in Food & Beverages Market growth, reveals MarkNtel Advisors in their research report, "Global Nanotechnology in Food & Beverage Market Analysis, 2021."
Silver Nanomaterial acquired a considerable market share in the Global Nanotechnology in Food & Beverage market in 2019. The snowballing demand for fresh food, food with high shelf life, and propelling needs for antimicrobial food packaging for protection against foodborne diseases are factors boosting the demand for sliver nanomaterial as they have antimicrobial agents.
North America Held the Highest Market Share
North America held the highest share in the Global Nanotechnology in Food & Beverage market in the previous few years. The US dominated the North American region due to the extensive adoption of nanotechnology in the food industry, rising demand for exotic food, and various supportive regulations by the government to promote nanotechnology in the food industry. Furthermore, increasing demand for nanotechnology for water treatment & purification, escalating demand for processed food due to the surging working populace, and burgeoning investments toward developing nano-enabled packaging solutions are further likely to contribute to the market growth in the forecast period.
Increasing Concern About Microbial Contamination
The increasing incidences of foodborne diseases among people due to food contamination have raised the global problem of public health. Due to this, the need for antimicrobial food packaging is propelling among the industry. However, the burgeoning demand for fresh food and surging consumption of ready-to-eat food augmented the awareness among manufacturers regarding nano-packaging materials, which possess antibacterial properties and are degradable, thereby likely to fuel the market growth.
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.
Key Questions Answered in the Market Research Report:
What are the overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Global Nanotechnology in the Food & Beverage Market?
What are the region-wise industry size, growth drivers, and challenges?
What are the key innovations, opportunities, current & future trends, and regulations in the Global Nanotechnology in Food & Beverage Market?
Who are the key competitors, their key strengths & weakness, and how do they perform in the Global Nanotechnology in Food & Beverage Market based on a competitive benchmarking matrix?
What are the key results derived from the market surveys conducted during the Global Nanotechnology in Food & Beverage Market study?
Market Outlook, Segmentation and Statistics
Impact of COVID-19 on Global Nanotechnology in Food & Beverage Market
Market Size & Analysis
Market Share & Analysis
By Material Types
Zinc and Zinc Oxide Nanoparticles
Titanium Dioxide Nanoparticles
Silicon Dioxide Nanoparticles
Others (Protein Nanoparticles, etc.)
Food & Beverage Processing
Food & Beverage Packaging
Food & Beverage Testing
North America Nanotechnology in Food & Beverage Market Outlook, 2016-2026F (USD Million)
The US Nanotechnology in Food & Beverage Market Outlook, 2016-2026F (USD Million)