+1-888-308-5802     
News Contact Us

Nanocellulose Market to Register Exponential Growth from Food & Beverages Application

Author : Rahul Varpe | Published Date : 2019-04-22 

Global Nanocellulose market is driven by its applications in the food & beverage packaging materials, due to its exceptional characteristics which help prevent the food content spoilage and blocks the oxygen entry in it. Moreover, the product is used to substitute polystyrene-based foams and also helps improving the shelf life, thus improving the overall food quality.

An innovative packaging technology well known as “active packaging” integrates the usage of these nanocellulose in packaging materials which aid to regulate the food bacterial external contamination. This technology is fascinating a huge attention in the food packaging industry due to the rising buyer demands for preservative-free and minimum processed eatables. Furthermore, the nanocellulose market will further be augmented by the integration of nanomaterials in food packaging. This will lead to a reduction in food waste as it preserves the freshness of packed food.

Request for a sample copy of this report @ www.gminsights.com/request-sample/detail/2423

The Chinese food & beverage industry has been growing with an average yearly growth rate of 30% between 2009 to 2014. With a turnover of more than USD 440 billion in 2015, it is the second-fastest growing food & beverage industry in the Asia Pacific region and the largest food service industry in the world. This large food & beverage industry and fast growth rate is likely to transform the country into a key nanocellulose market across the globe.

India, with a food & beverage service market of more than USD 30 billion in 2016, will also be an important nanocellulose market. Other Asia Pacific countries such as Japan, South Korea, Indonesia, etc. has also been witnessing steady gains in their food & beverage sectors and is likely to drive demand for nanocellulose materials in coming years.

Paper processing, personal care, composites, paints & coatings, oil & gas, and food & beverages are the major application segments in the global nanocellulose market. Among these food & beverage is a key application segment which will generate revenues close to USD 100 million in 2024. Increasing demand for environment friendly and sustainable packaging materials from the fast-evolving food & beverage industry along with the products usage as a stabilizer, thickener, and flavor carrier in processed food items will lead to a fast growth rate for this application segment during the forecast period.

Make an inquiry before buying this report @ www.gminsights.com/inquiry-before-buying/2423

Nanocrystalline cellulose is an important product segment with a revenue exceeding USD 30 billion in 2016. The growth of this segment's market will be augmented by its eco-friendly and renewable nature. The high chemical reactivity of the surface of nanocrystalline cellulose makes it ideal for various applications. Their high heat stability also allows its usage in high temperature applications. Bacterial nanocellulose segment is likely to witness the highest CAGR of more than 40% during the forecast timeframe and its market will be close to USD 30 million in 2024.

Some of the major players in the nanocellulose market include Melodea Ltd., Nippon Paper Group, Kruger, Daicel FineChem, Innventia, Sappi, American Process Inc., Asahi Kasei Corporation, Stora Enso, CelluComp Ltd., and others.

Nanocellulose Industry, By Application

  • Composites
  • Paper Processing
  • Food & Beverages
  • Paints & Coatings
  • Oil & Gas
  • Personal Care
  • Others

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

Related News

Thermoplastic Elastomers (TPE) Market to gain rapid expansion from construction and automotive sectors over 2019 – 2023

Published Date: 2019-05-24         Author: Rahul Varpe

Asia Pacific thermoplastic elastomers market, worth USD 4 billion 2015, will grow significantly over 2016-2023, subject to the vast number of automotive manufacturing units and the rising number of construction projects in the region. Subject to their superior properties, TPU and TPV products are he... Read More

Asia Pacific Synthetic Paper Market is projected to grow at a CAGR of 7.4% by 2023

Published Date: 2019-05-24         Author: Rahul Varpe

Asia-Pacific has led the global industry as the region is the biggest exporter in the world and has largest packing industry globally. It is projected to record CAGR of 7.4% and touch revenue of $162 million by end of forecast timeline. China and India synthetic paper market share has dominated the ... Read More

Silicone Elastomers Market to growth significantly over 2019 -2024, APAC to emerge as the pioneering regional contenders

Published Date: 2019-05-24         Author: Rahul Varpe

Silicone elastomers market demand, regarding volume and value, portrays the present and future forecasts by the parallel economic and industry outlook. This analysis covers various feature properties including transparent, lightweight, high resistance and thermal stability which make it a preferred ... Read More

© 2019 Fractovia. All Rights Reserved