The
global food
nanotechnology market is expected to grow
at a CAGR of 24.20% during the forecast period. Based on the application, the
global food nanotechnology market has been segmented into food packaging, food
processing, and food testing.
The
food packaging segment occupies the largest share due to the increasing demand
for effective packaging solutions in the F&B industry. Packaging based on
nanotechnology is used in various segments such as bakery, meat, fruits and
vegetables, and other processed food products in the F&B industry.
Nano-enabled food packaging, compared with conventional packaging, can help in
the improvement of plastic material barriers. Nanofood packaging materials help
in improving food longevity, thereby ensuring food safety.
Furthermore,
food nanotechnology ensures food safety and helps in keeping a check on product
counterfeiting. Smart packaging based on food nanotechnology ensures safety and
increases the shelf life of the encased food. These advantages will continue to
boost the demand for food nanotechnology in the food packaging segment, thereby
driving the growth of the global food nanotechnology market during the forecast
period.
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