The increasing focus of the government of Canada to improve the agriculture sector is favoring growth of the Canada nano-enabled packaging for food and beverage market

 

Canada Nano-enabled Packaging for Food and Beverage Market

The growing need for food products with longer shelf-life is driving the growth of the Canada nano-enabled packaging for food and beverage market. Moreover, the rising need for eliminating waste and conventional packaging materials as they are incapable of increasing shelf-life of the food product which leads to food wastage is also fostering the growth of the market. The rising prevalence of various food-borne diseases is creating the need for reducing food contamination especially during transportation is further anticipated to accelerate the growth of Canada nano-enabled packaging for food and beverage market. For instance, Health Canada and the Public Health Agency of Canada estimate that between 11 and 13 million Canadians suffer from illnesses caused by foodborne bacteria every year.

The nano-enabled packaging for the food and beverage industry has been successful in meeting these demands. These new advanced packaging can be customized to meet the needs and requirements of consumers, as well as provide better and effective distribution and packaging systems to the industries. As more companies adopt this novel and advanced technology for their business, increasing demand for nano-enabled packaging for food and beverage is expected in the market.

Growing consumer spending on the packaged food product such as bakery products are again anticipated to stimulate the growth of the market. According to The University of British Columbia, in Canada per capita expenditure on baked goods increased from $146.7 (USD) in 2013 to $153.5 (USD) in 2017. Thus, the growing demand for packaged food is expected to propel market growth.

The increasing focus of the government of Canada to improve the agriculture sector in the country will also favor the growth of the market. For instance, in March 2017, Canadian governments have invested over CAD$17.6 million into 690 projects that are working towards building a more robust, sustainable, and profitable Canadian agriculture sector.

Increasing demand for packaged food or processed food is expected to provide lucrative growth opportunities to the market. For instance, in March 2020, Campbell Soup Company (a U.S.-based food processing company) increased its soup production in response to increasing demand for canned soup in the U.S. However, consumers are avoiding fresh produce products such as dairy and meat, owing to an increased likelihood of multiple human touchpoints before reaching the shelves.


Location: India

Comments

Post a Comment

Popular posts from this blog

Fitness Equipment Market is doing warm-ups to pull growth-rich opportunities from the growing obesity rates accompanied by the sedentary lifestyles

Image
  Fitness equipment is any mechanical device or equipment used in sport or exercise to improve the physical performance or strength of that activity by providing either adjustable or constant levels of force, either of dynamic nature that is immediately available to exert (such as running) or of a static type that requires adjustments (such as a bicycle). Some common types of equipment are treadmills, elliptical machines, step machines, exercise bicycles, recumbent bikes, treadmill monitors, rowing machines, and many more. Fitness equipment is used in gyms and private home fitness facilities as well as public parks and recreational facilities. Fitness equipment for the home is designed to provide low-impact aerobic workouts. Some items are available for rent or sale on the Internet. Rowing machines and exercise bicycles can give an all-over body workout, while Schwinn exercise bicycles can be used to target specific muscles. Fitness equipment for home gyms can be classified into ...
Read more

Pressure Bandages Market : Global Industry Analysis and Opportunity Assessment

Image
  Pressure bandages are clinical gadgets used to ensure and mend a harmed region and to control draining without influencing the ordinary blood dissemination. Pressure bandages include non-follower bandages applied over an entry point or wound and is covered by spongy stretchable cement. They are basically used to pack the dead space at the site of injury or cut and forestall the arrangement of seroma and hematoma. Pressure bandages have wide applications in various clinical regions, for example, leg ulcers, muscular medical procedures, and the executives of persistent just as intense injuries, lymphedema, musculoskeletal wounds, and so forth Various sorts of pressure bandages, for example, low flexibility bandages, versatile bandages, and multicomponent multi-facet pressure bandages are accessible in the market and have explicit applications in various clinical signs. To get most extreme market share, driving organizations in the worldwide pressure bandages market have begun pr...
Read more

Botanical and Plant Derived Drugs Market by Source,Dosage - Global Industry Analysis,Size,Share

Image
The U.S. Food and Drug Administration's (FDA) organic medication pathway is as yet being refined as additional medication competitors keep on entering the clinical improvement pipeline under what many think about a simpler way to commercialization. FDA endorsement, a moderately rigid cycle by worldwide principles, by and large makes the way for endorsement in different nations. Further, the U.S. is viewed as a highest quality level for administrative survey. The worldwide market for organic and plant-determined medications Expected to develop around $39.6 billion by 2022 with a build yearly development rate (CAGR) of 6.1% This report is a scientific business instrument whose basic role is to depict the botanical and plant derived drugs market with the general plant-inferred drug industry as a scenery and the worldwide market for these medications going ahead. For the reasons for this report, botanicals are those medications that are FDA-endorsed under the plant drug pathway,...
Read more