Date: 25/05/2011

Nanotech based food and beverage packaging to grow at 13% during 2009-13

As per RNCOS new research report "Nanotechnology Market Forecast to 2013", nanotechnology applications are gradually making inroads in the food and beverage sector to offer their technological advantages. According to RNCOS various applications developed in this area include, increased bioavailability and absorption of nutrients and health supplements, food packaging materials with much improved mechanical, barrier, and antimicrobial properties, and nano-sensors for traceability and monitoring the condition of food during transport and storage. Based on such a wide application in the industry, it is anticipated that the global market for Nano-enabled Food & Beverage packaging will grow at a CAGR of 13% during 2009-2013.

RNCOS study indicates that, Nano packaging in the food & beverages sector is already being used in packaging components in countries, such as the US, Australia, and Japan. However, owing to its advantages in extending shelf life of packaged goods & ensuring microbiological safety, it is anticipated that, the market for nano packaging will witness speedy growth track in the coming years.

For more information visit: http://www.rncos.com/Report/IM185.html