# The Nano Enabled Packaging Market To Fathom The Depth Of Innovation
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2021-11-11
Category: Research Reports
Category URL: https://financedigest.com/category/research-reports
Meta Title: Global Market Study on Nano-Enabled Packaging: Intelligent
Meta Description: Discover how nanotechnology is revolutionising food and beverages packaging, with intelligent packaging leading the way. Get insights and analysis.
URL: https://financedigest.com/the-nano-enabled-packaging-market-to-fathom-the-depth-of-innovationhtml

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According to a new market report published by Persistence Market Research “ **Global Market Study on Nano-Enabled Packaging For Food and Beverages: Intelligent Packaging to Witness Highest Growth by 2020**”, the global [nano enabled packaging market](https://www.persistencemarketresearch.com/) for food and beverages industry was worth USD 6.5 billion in 2013 and is expected to grow at a CAGR of 12.7% during 2014 to 2020, to reach an estimated value of USD 15.0 billion in 2020.

The global progress in technologies is making lives simpler and safer. Nanotechnology is one such field which is dynamically progressing and is contributing to the development of several industries, including food and beverages packaging. Nano-enabled packaging gives longer shelf life to food and beverages as compared to traditional plastic packaging. Food and beverages packaging is done through two different [technologies under nano-enabled packaging-active and intelligent](https://www.financedigest.com/thomson-reuters-report-reveals-risk-compliance-staff-expect-to-see-significant-benefits-from-artificial-intelligence-ai-and-distributed-ledger-technologies.html "Thomson Reuters Report Reveals Risk & Compliance Staff Expect to See Significant Benefits from Artificial Intelligence (AI) and Distributed Ledger Technologies") packaging. Active packaging has a comparatively larger [market](https://www.financedigest.com/on-demand-healthcare-to-be-the-new-thing-in-the-cpp-packaging-films-market.html "On-Demand Healthcare To Be The New Thing In The CPP Packaging Films Market") than intelligent packaging.

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Intelligent packaging is [growing at a faster rate](https://www.financedigest.com/specialty-carbon-black-market-is-anticipated-to-grow-at-a-significant-rate-tmr-study.html "Specialty Carbon Black Market is anticipated to Grow at a Significant Rate | TMR Study") as compared to the active packaging. [Customers prefer](https://www.financedigest.com/loyalty-subscription-services-and-the-importance-of-customer-preferences-in-modern-banking.html "Loyalty, Subscription services and the importance of customer preferences in modern banking") traceable food and beverages packaging, since it offers information such as expiry date and best use period, present state of the consumables. The radio frequency identification (RFID) tags [keep customers](https://www.financedigest.com/branching-out-how-banks-can-keep-pace-with-the-evolution-of-customer-experience.html "Branching out: How banks can keep pace with the evolution of customer experience") informed about the state of the food within the packaging. Intelligent packaging is mostly used for fruits and vegetables, meat products, and beverages. Stricter regulations associated with active packaging have been stimulating the use of intelligent packaging in Europe and North America.

Intelligent packaging in the U.S. is [growing mainly due to the increasing](https://www.financedigest.com/growing-burden-of-periodontal-diseases-to-increase-mouthwash-usage.html "Growing Burden of Periodontal Diseases to Increase Mouthwash Usage") demand for fresh fruits and vegetables. Americans are [shifting their breakfast preference from junk foods to fresh alternatives](https://www.financedigest.com/shifting-sands-how-bank-managers-have-joined-the-alternative-finance-boom.html "Shifting sands – how bank managers have joined the alternative finance boom"). The U.S. is one of the largest producers and exporters of cherries globally. With the ease in trade regulations, fruit exports of the U.S. have increased. In September 2011, the U.S. Department of Agriculture (USDA) announced that after ten years of negotiations, U.S. cherries can be exported to Western Australia, one of the most important [markets for cherries](https://www.financedigest.com/cherry-picker-crane-market-2022-scope-of-current-and-future-industry-2031.html "Cherry Picker Crane Market 2022 | Scope of Current and Future Industry 2031"). The increasing demand for intelligent packaging in [international trade](https://www.financedigest.com/managing-trade-credit-and-insurance-in-the-context-of-international-commerce-expansion.html "Managing trade credit and insurance in the context of international commerce expansion ") (especially in fruits) is laying out opportunities for this technology in food packaging.

The Food Safety and Modernization Act (FSMA) proposed by FDA in 2011 is another growth indicator for intelligent packaging wherein the fresh produce, including fruits and vegetables, are required to be scientifically grown, harvested, packaged, and stored. The farm products that [come in the act’s](https://www.financedigest.com/the-glorious-twelfth-what-underwriters-should-be-doing-as-the-insurance-act-comes-into-force.html "The Glorious Twelfth: What Underwriters Should Be Doing As the Insurance Act Comes Into Force") domain are lettuce, spinach, cantaloupe, tomatoes, sprouts, mushrooms, onions, peppers, cabbage, citrus produce, strawberries, and walnuts.

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Nano-enabled packaging finds its application in several industries, including bakery, meat, beverages, fruit and vegetables, prepared foods, and others. The increasing demand for meat products, beverages, vegetables, and prepared foods is expected to drive their respective nano-enabled packaging markets, while the market share of bakery [products is expected to decline](https://www.financedigest.com/roche-flags-2023-earnings-decline-on-slump-in-covid-products.html "Roche flags 2023 earnings decline on slump in COVID products") on account of the rapid growth of other application segments.

Nanotechnology is at a nascent stage and, therefore, usage of nano-enabled packaging is [low in the food and beverages industry](https://www.financedigest.com/high-quality-low-voltage-motors-market-recent-industry-developments-and-growth-strategies-adopted-by-players.html "High Quality Low Voltage Motors Market: Recent Industry Developments and Growth Strategies Adopted by Players"). [Limited numbers of buyers have more leverage to negotiate with nanotechnology companies](https://www.financedigest.com/punter-southall-aspire-makes-strategic-investment-in-digital-executor-company-lexikin-limited.html "Punter Southall Aspire makes strategic investment in digital executor company, Lexikin Limited"). On the other hand, there is a plethora of companies providing nano-enabled packaging [solutions to the food and beverages industry](https://www.financedigest.com/squirro-launches-new-augmented-intelligence-solution-insurance-industry.html "Squirro launches new Augmented Intelligence solution for the Insurance industry").

Nano-enabled [packaging market for food and beverage](https://www.financedigest.com/beverage-packaging-market-estimated-to-expand-at-a-robust-4-1%cagr-by-2027.html "Beverage Packaging Market Estimated to Expand at a Robust 4.1%CAGR By 2027") is very competitive with a large number of players offering an array of patented products. The major [players in this industry](https://www.financedigest.com/catheter-directed-thrombolysis-market-industry-insight-and-growth-strategy-by-business-players-and-forecast-to-2027.html "Catheter-Directed Thrombolysis Market Industry Insight and Growth Strategy by Business Players and Forecast To 2027") include Amcor Limited, Bemis Company, Inc., Chevron Phillips Chemical Company, L.L.C., Klöckner Pentaplast, Sealed Air, and Tetra Pak International S.A.

**For in-depth competitive analysis, buy now@** [**https://www.persistencemarketresearch.com/checkout/2809**](https://www.persistencemarketresearch.com/checkout/2809)

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