Nano-enabled
packaging is the next phase of evolution in the packaging industry.
It enhances a product’s shelf life and reduces the risk of
contamination. Nano-enabled packaging is formed using two basic
components: nano-composites and nano-fillers. Nano-composite is a
framework or base where nano-fillers such as metals, metal oxides,
clays, and carbon nano-tubes can be used to fill in the gaps of the
framework. Various nano-fillers have different properties that
enhance packaging materials to give them various functionality such
as oxygen scavenger, ethylene scavenger, and antioxidants. Rising
demand for anti-counterfeit products, prevention of contamination,
and increasing application of nano-enabled packaging are driving the
growth of the nano-enabled packaging market in Canada. However, lack
of information on the impact of nano-materials on food and beverage
products, high cost associated with nano-packaging, and increasing
complexity with developing a customized nano-enabled packaging
products are restraining the growth of the market to a certain
extent.
The
Canada
nano-enabled packaging for food and beverages market
was valued at US$ 350.5 Mn in 2014 and is expected to exhibit a
healthy CAGR through 2022. The Canada nano-enabled packaging for food
and beverages market is segmented on the basis of application and
technology. By application, the market is segmented into bakery
products, meat products, dairy products, fruit and vegetables,
prepared foods, beverages, and others. Of these, prepared food
segment dominated the market in 2014, with over 20% value share.
By
technology, the Canada nano-enabled packaging for food and beverages
market is segmented into controlled, active, and intelligent
packaging. Controlled packaging segment was dominant in 2014 and is
anticipated to remain so during the forecast period.
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Some
major players identified in the Canada nano-enabled packaging for
food and beverages market are 3M Company, Amcor Limited, BASF SE,
Crown Holdings Incorporated, E. I. du Pont de Nemours and Company –
DuPont, Honeywell International, Inc., Bemis Company, Inc., Sealed
Air Corp., Multisorb Technologies, Inc., and AMCOL International
Corporation – Nanocor Inc. Major nano-enabled packaging
manufacturers in the market are currently focusing on strengthening
their partnerships with processed food manufacturers to develop
enhanced products catering to various food and beverage applications.
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