Enzymes Market Share, Growth, Statistics, by Application, Production, Revenue & Forecast 2026

 The Enzymes Market Is Anticipated To Reach Over USD 21.76 Billion By 2026 According To A New Report published by Polaris Market Research. In 2019, the carbohydrase segment dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global market revenue during the forecast period.

 

The diverse applications of enzymes in industries such as healthcare, food and beverages, pharmaceutical, personal care, textile, and animal feed among others is expected to support the growth of this market. Other driving factors include introduction of genetically-engineered enzymes, and stringent government regulations regarding use of chemicals. Increasing demand from developing nations, use of enzymes as alternatives for synthetic chemicals, and technological advancements are expected provide numerous growth opportunities to the market players during the forecast period.

 

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 Enzymes are used in a wide range of applications in medical and healthcare sector. Enzymes are used in diagnosis of diseases, drug manufacturing, cleaning wounds, assisting in healing processes, and analytical testing for disease detection among others. In the food industry enzymes are used in fruit juices, alcohol, baked goods, and preserved food among others.

  

North America generated the highest revenue in the market in 2019, and is expected to lead the global market throughout the forecast period. The presence of well-established industries such as healthcare, pharmaceutical, and food & beverages, substantial initiatives in research and development, and favorable government policies drive the market growth. Asia-Pacific is expected to grow at the highest CAGR during the forecast period owing to increasing adoption of enzymes in food and beverages, and consumer goods.

 

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The different applications of enzymes include food and beverages, cosmetics and personal care, textile, animal feed, paper and pulp, medical & pharmaceutical, and others. In 2019, the food and beverage accounted for the highest market share. The increasing need to offer high quality and good tasting processed food has resulted in the growth of enzymes in this sector. Enzymes are used in baked goods for regulating the rate of chemical reactions in baking processes. The rising demand of nutritional diet, and favorable government regulations are expected to support market growth during the forecast period.

 

The well-known companies profiled in the report include AB Enzymes, BBI Enzymes Ltd., Advanced Enzyme Technology Ltd., Roche Holding AG, Sanofi S.A., BASF SE, DuPont, Novus International Inc., Novozymes A/S, Associated British Foods PLC, CHR Hansen Holding A/S, and Danisco A/S among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

 

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Digital Signage Market Overview, Growth Factors, Demand and Trends Forecast to 2026

 According to a new study published by Polaris Market Research the global digital signage market is anticipated to reach USD 34.9 billion by 2026. Digital signage helps the companies to promote their products and services using creative ideas, thus reaching out to a large number of audiences at a single time. Digital signages uses audio visuals, thus eliminating the need for printed materials. They are also used for information sharing with the help of self-service kiosks and information kiosks. Different industry verticals are adopting to this technology, owing to its cost effectiveness and due to the ease of content sharing.

The data on digital signages can be shared simultaneously to different screens installed at different locations, thus reducing the time and cost and helps in providing better control over the data displayed. Due to these advantages, the market for digital signage is projected to gain traction over the forecast period.

Displays play a major role in the overall digital signage market. Display technologies such as LCD, LED and projection are widely used. Currently the market for LCD is high, however with the growing adoption of LED display panels, the market for LED display is anticipated to gain traction during the forecast period. This is majorly due to the flexibility, brightness and clarity which these LED screens provide. There are different types of digital signages which are being used in the market which include transparent LED screens, video walls, video screens digital posters and kiosks.

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The market share for video screens is high, however video walls are estimated to gain a larger market share due to its increasing usage in different industry verticals. These video walls can be used both indoors and outdoors and can be installed and implemented according to the different shapes of the buildings. Kiosks on the other hand are being used widely in educational institutes, offices and malls for self-help and are estimated to gain traction.

Digital signage components which include hardware, software and service are also gaining a good traction in the market. Hardware is one of the crucial component for digital signage, since it is used for displaying the information. This hardware is expensive and majorly include screens, connectivity hardware and sensors. Software on the other hand helps to display and upload the content on these screens and help them to connect with the central servers. The service segment includes installation and maintenance of these hardware and software. It is estimated that the market for hardware would gain a significant traction followed by software and service segment during the forecast period.

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Retail sector is one of the largest adopter of the digital signage technology followed by banking, transportation, government and hospitality industry. This adoption by the retail sector is due to the increasing need and requirement of the retail stores to promote their products, service, offerings in a more attractive way to attract more customers. Along with this sector, the transportation vertical incorporates the use of computerized advertising and screens at airplane terminals, railroad stations, metro platforms, and transport stands. Furthermore, the digital screens are additionally utilized on the streets, over and inside taxis, public transport systems, and on terminals for information sharing as well for advertisements. This increased usage and application in different verticals is boosting the global market for digital signage.

Anti Drone Market Size, Trends, Growth, Opportunities and Worldwide Forecast to 2026

 According to a new study published by Polaris Market Research the worldwide anti-drone market is anticipated to reach over USD 3,064 million by 2026. In 2017, the defense and military segment dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global market revenue during the forecast period.

 

The rising incidences of misuse of drones and growing terrorist activities primarily drive the growth of this market. Smugglers and traffickers are increasingly using drones for malicious and criminal activities, thereby increasing the demand of anti-drones. Other driving factors include technological advancement, and increasing investment in R&D.

 

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There has been an emerging threat from drones to critical infrastructure. A high number of cases of drone overflights at nuclear and power stations have been registered. In 2014, after several cases of overflights of reactors, French authorities invested $1.1 million for detection, identification, and neutralization of small aerial drones.

 

There has been a significant increase in spoofing and cyber-attacks. Spoofing is taking control of a drone by hacking the radio signal and sending commands to the aircraft from another control station. Valuable data can be stolen or deleted through cyber-attacks. Complaints registered against misuse of drones also include snooping, burglary, smuggling contraband into prisons, and mid-air near misses among others. Terrorists have started using drones to gather valuable intelligence on their enemies. All these factors have increased the adoption of anti-drone systems.

 

North America generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period. The driving factors for anti-drone market in North America include increasing number of security breach incidents by unidentified drones and increasing terrorist activities. Recent incidences of riots & civil unrest have increased the demand for anti-drones in this region. North America spends high budgets for military expenditure and for research & development programs, which augment market growth.

 

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The various end-users of anti-drones include defense and military, government, commercial, and others. In 2017, the defense and military sector accounted for the largest share in the global market, and is expected to maintain its lead during the forecast period. The demand for anti-drones in the military sector has increased owing to growing cases of smuggling, trespassing, and spying. Increasing need for border security, and threats from neighboring countries support the adoption of anti-drones.

 

The well-known companies profiled in the report include Saab AB, Thales Group, Raytheon Co., Lockheed Martin Corp. , Dedrone Inc, Droneshield Ltd., Northrop Grumman Corp., Theiss UAV Solutions, LLC, Blighter Surveillance Systems Ltd., Israel Aerospace Industries Ltd.,  among others. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

 

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Virus Filtration Market Analysis, Growth by Top Companies, Trends by Types and Application

 

The global virus filtration market is anticipated to reach USD 6.94 billion by 2026 according to a new research published by Polaris Market Research. The market is anticipated to witness a high growth rate over the forecast years owing to the expanding interest for natural items, for example, immunizations, therapeutic proteins, blood and related blood items, cell and quality treatment, tissue, and undifferentiated cell items is a central point driving industry development.

 

Viruses are minute micro-organisms which are visible under compound microscope. Viruses are transmittable and have capability to replicate themselves inside the living organism’s body. Viruses contaminate all the life forms, such as microbes, animals, and plants, which includes bacteria as well as archaea. Virus Filtration is the important procedure for removal of virus particles. This filtration is an operative virus removal tool for manufacturing biological products with welfare of the modest operability and insignificant harm to the yield. Virus filtration procedure is generally carried out as a final purification step for any manufacture method.

 

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Major biopharmaceuticals and biotechnology companies are indulged in R&D for creating new natural products. Virus filtration is a critical advance in biologics improvement, in this manner, the expanding R&D on biologics is required to drive the market for these items. In 2016, major players in the industry invested millions of dollars in R&D. The expenses were principally embraced to support advancement and efficiency in R&D to develop a practical pipeline of immunizations and treatments with lucrative business openings.

 

Rising prevalence of constant illnesses including malignancy, diabetes, and immune system issue are expected to fuel the market for virus filtration in biologics segment. As per the International Agency for Cancer Research, approximately 14.1 million new disease instances of growth were analyzed worldwide and this number is anticipated to achieve 21.7 million by 2030. Therefore, there is a developing interest for therapeutics biologics for the treatment of such constant ailments, that continuously drive the interest for virus filtration product types for R&D and other applications.

 

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Biopharmaceuticals are largely gained from human, creatures, and plants and require an examined virus filtration technique to stay away from infection tainting in the generation. Subsequently, the need of this strategy amid the generation of biologics is required to support the market development.

 

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Viscosupplementation Market Share Worldwide Industry Growth, Size, Statistics, Opportunities & Forecast 2026

 

The global viscosupplementation market is estimated to reach USD 6.9 billion by 2026 growing at a CAGR of 8.9% during the forecast period, according to a new study published by Polaris Market Research. The report ‘Viscosupplementation Market Share, Size, Trends & Industry Analysis Report By Product Type (Single injection, Three injection, Five injection); By Application (Knee Osteoarthritis, Hip Osteoarthritis, Hand Osteoarthritis); By Regions, Segment Forecast, 2020 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends.

 

Due to growing geriatric population globally and due to increasing occurrences of osteo arthritis, injuries, gingivitis, & abscess, this market is anticipated to gain traction. According to assessment done by WHO, the population of people who are of the age of 65 g and above globally would increase significantly from 7% in the year 2000 and is estimated to grow to 16% by 2050. This significant growth in the elderly population would result in the increased problems of obesity and osteo arthritis, which would indirectly help this market to gain traction during the forecast period.  Together with expanding choice for minimally intrusive surgical procedures, worldwide rise in the target populace is anticipated to substantially push the need for viscosupplements throughout the forecast duration.

 

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Geographically, North America is estimated to be the largest viscosupplementation market in 2019.  According to Centers for Condition Control as well as Avoidance (CDC) in 2015, over 30 million individuals in the United States experienced osteo arthritis and also around 10% individuals over 55 years endured knee discomfort. These growing numbers are pushing the market growth in this region. Asia Pacific on the other hand is anticipated to be the fastest growing market in 2017 and is estimated to preserve its placement throughout the projection period. This growth rate can be made up by the visibility of a considerable growing base of senior citizens, which is vulnerable to problems such as osteo arthritis as well as rheumatoid joint inflammation. Increasing demand for minimally intrusive treatments is a considerable element adding to the growth rate of Asia Pacific. The Latin American market is anticipated to expand at a rewarding pace in the coming years because of the visibility of high unmet clinical requirements, increasing disposable income and growing awareness among the patients in economies such Brazil and Mexico.

 

Among the viscosupplementation products, three injection products are estimated to be the largest segment of the viscosupplementation market. Affordability and shorter therapy duration are some the major factors which are pushing the growth of this product segment. This is closely followed by the single injection.  

 

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Major companies operating in the market are focusing on incorporating modern technologies to make innovative viscosupplements. For instance, Anika Therapeutics introduced HYAFF, which aids in production of very efficient biocompatible viscosupplements. The FDA authorized hyaluronates presently offered in the viscosupplementation market are Hyalgan (Sanofi), Euflexxa (Ferring Pharmaceuticals, Inc.), Orthovisc (Anika Rehabs), Supartz, Gel-One (Seikagaku Company), Synvisc, Synvisc One (Genzyme) and also Durolane (Q MEDICATION ABDOMINAL). Some of the major players in this market include Seikagaku Corporation, Lifecore Biomedical, LLC, Zimmer Holdings Inc, Bioventus, Ferring B.V., Sanofi, Anika Therapeutics, Inc., and LG Life Sciences Ltd.

 

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Oil Free Air Compressor Market Technological Advancement & Growth Analysis with Forecast to 2026

According to a new study published by Polaris Market Research the global oil free air compressor market is anticipated to reach USD 16.2 billion by 2026. Owing to the growing focus upon energy efficient compressors that provide cost advantage, with lower installation and maintenance costs, the oil free air compressor market is projected to gain traction over the forecast period.

 

Oil free compressors provide high quality and contamination free air for critical environments. Such requirements are majorly in the pharma, healthcare, food & beverage and semiconductor industries. Increasing implementation of these oil free compressors in these industries are pushing the market. Along with this, governments of many countries are coming up with strict regulations and policies on energy conservation and environmental protection which are also anticipated to boost growth in this market. These compressors also provide increased flexibility and can be modified towards end-user requirements for the provision of enhanced service offerings. This is presumed to drive the oil free compressor market over the forecast years. 

 

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The rotary screw air compressors held a considerable revenue share in 2017 inferable from their expanded implementation in heavy industrial end-uses and are anticipated to maintain their growth during the forecast period. The centrifugal compressor segment is expected to grow significantly over the forecast years, which is fundamentally attributed to the developing utilization in non-mechanical applications. Air compressors are intensely utilized as a part of manufacturing applications. A huge demand from the food & beverage sector, attributable to the compulsory health and safety mandates, is presumed to drive the oil free air compressors market over the forecast time frame.

 

Europe has the highest market share in 2017 and it is anticipated to lead the market followed by Asia-Pacific and North America. This growth is majorly due to stricter norms and regulations laid down by the government for health safety and environmental safety standards. Increasing industrialization, growing infrastructure and increasing petro-chemical plants and refineries in the developing countries of India and China in the Asia-Pacific region is pushing the market for these oil free compressors in this region.

 

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Key Findings from the study suggest the centrifugal oil free air compressors segment is presumed to witness quick development from 2017 to 2026, which is fundamentally credited to their capacity to diminish carbon impression guaranteeing clean and fresh air supply. Asia Pacific is projected to rise as the fastest developing region with a with a growth rate surpassing North America and Europe during the forecast period. Government activities towards advancement and the ascent in development of environmental laws around the globe has supplemented to the development of the oil free air compressor market. Owing to the qualities such as light-weight and strength the portable oil free air compressors were as a predominant section in 2017, and is foreseen to continue over the coming years. The manufacturing sector accounted for highest market share in 2027.  

 

Blockchain Technology Market Overview, Industry Top Manufactures, Size, Growth rate 2020-2026

 

The Global Blockchain Technology Market Is Anticipated To Reach USD 16.82 Billion By 2026 according to a new study published by Polaris Market Research. Also termed as Distributed Ledger Technology (DLT), blockchain enables secure transaction over a distributed network. Since the transactions are taken place usually over the network, it is difficult to reverse the transaction history. Blockchain also eliminates the need of third-party verifications since the ledgers are shared by all the parties over the distributed network. These are some of the major factors for adoption of blockchain technology.

 

Blockchain technology is currently being adopted majorly by the financial institutions due to its benefits such as reduced infrastructural costs for reconciling statements, data management settlements etc. It has also been proven beneficial to increase the transactional speed by eliminating the need of trusted third party. Bitcoin uses cryptography for securing its ledgers, thus ensures high security platform for the transactions.

 

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Adoption of blockchain is not limited to the financial sector, however it is being implemented across different verticals. For example, with blockchain’s extended support for Internet of Things (IoT), the technology and telecom vertical is implementing blockchain for initiating a better coordination between different devices. This sector is also benefitting from blockchain because of its feature to eliminate the processing fees which gets levied by third parties. Healthcare vertical is also focusing on blockchain for securing its important and sensitive data and documents and for securing its digital assets. 

 

 

The adoption of blockchain can be clearly seen in the North America followed by Europe at a fast pace. However, the market for blockchain is gaining traction in Asia Pacific region owing to the developing economies such as India and China adopting this technology. Countries such as Australia have already adopted this technology and are developing a private blockchain for its stock exchange’s clearing and settlement process.

 

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Key Findings from the study suggest the largest share of this market in 2019 was of North America, as there are a fundamentally high number of ventures adopting the blockchain technology. The technology will have the capacity to help IoT applications in technology and telecom sector along with the enhanced payment solutions. The healthcare segment will adopt this this technology owing to secure their sensitive information. Asia Pacific market is anticipated to grow at a faster pace because of its changing financial framework which drives the demand for secure and low-cost online payment transfers. Speculations have been that more companies would invest in this technology, thus tapping the huge potential in this market. Companies such as Chain Inc., Ripple, Eric Industries, Microsoft, Circle Internet Financial Limited, R3, Samsung, Deloitte, IBM, Deloitte, Linux Foundation, BTL Group, are some of the prominent players in this market.

Paper and Paperboard Packaging Systems Market Comprehensive Analysis, Growth Forecast from 2020 to 2026

 The global Paper and Paperboard Packaging Market is anticipated to reach $413 billion by 2026 according to a new research published by Polaris Market Research. In 2018, the food and beverage segment accounted for the highest Paper and Paperboard Packaging market share in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global Paper and Paperboard Packaging market revenue in 2018.

 

The significant investments by producers in environmental protection and energy optimization programmes, coupled with initiatives aimed at use of biodegradable packaging solutions and improving logistics and transportation majorly drives the Paper and Paperboard Packaging market growth. The growth in e-commerce, driven by growing broadband internet penetration, use of smartphones and an increasing proportion of technologically inclined consumers would further support the growth of the Paper and Paperboard Packaging market. Increasing demand for sustainable packaging solutions and stringent regulations against use of non-biodegradable packaging materials boosts the Paper and Paperboard Packaging market growth. The growing retail industry, modern retail practices, growing initiatives taken by retailers to improve in-store and distribution efficiencies would increase the trend of Retail-ready packaging during the forecast period. Various brands operating in the Paper and Paperboard Packaging market are adopting smart packaging to enhance shelf appeal and brand exposure. They use specialized grades of highly printable liner boards to enable production of packaging with a strong visual impact. New marketing techniques incorporating smartphone apps and codes are being used to attract consumers, thereby increasing the Paper and Paperboard Packaging market size.

 

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Paper packaging plays a critical role in food and beverage industry for containing, protecting, and preserving food products. Paper packaging provides a simple and economical method for packaging of food products, while also providing product information, and influencing the sale, consumption, use and disposal of products. In April 2018, Tetra Pak launched Tetra Pak Artistry, a new range of new packaging material effects for food and beverage producers.  The effects include Tetra Pak Reflect for incorporating holographic effects onto the package, Tetra Pak Metallized for creating a metallic effect, and Tetra Pak Craft for providing the package with a natural look of bare paperboard with wood fibers. The use of these effects enables brands to attract shoppers’ attention without switching to a new packaging format or investing in new equipment.

 

Asia-Pacific generated the highest Paper and Paperboard Packaging market share in terms of revenue in 2018, and is expected to lead the global Paper and Paperboard Packaging market throughout the forecast period. The growing population, rising disposable incomes, and a transition from traditional markets to the purchasing of packaged consumerist goods, especially in the food segment has accelerated the adoption of Paper and Paperboard Packaging market growth in the region. The food and beverage, and food delivery industry is on a significant rise in the region. The specialized and on-demand O2O (online to offline) delivery market is generating numerous opportunities for the Paper and Paperboard Packaging industry.

 

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The well-known companies profiled in the Paper and Paperboard Packaging report include International Paper Company, Nippon Paper Group Inc., DS Smith Plc, Mondi Group, Georgia-Pacific Corporation, Amcor Limited, WestRock Company, Clearwater Paper Corporation, ITC Limited, Tetra Pak. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

 

Middle East Finished Lubricants Systems Market is Thriving Worldwide By Size, Revenue, Emerging Trends and Top Growing Companies by 2026

 The Middle East finished lubricants market size is projected to reach USD 2.14 billion by 2026 growing at a CAGR of 6.5% during the forecast period, as per a new research report published by Polaris Market Research. The report ‘Middle East Middle East finished lubricants Market Share, Size, Trends, & Industry Analysis Report, [By Type (Metal Working Fluids, Transformer, Gear, Hydraulic & Engine Oils), By Base Oil Source, By Grade, by Application, By End-Use: Segment Forecast, 2018 – 2026’ offers a wide analysis of different types of lubricants in Middle East along with insights related to current and future trends in the market.

 

Growing demand from end-use industries for several wide range of lubricant types for different functionality is the primary factor driving the market. Metal working fluids have experienced the highest demand in the past two years in the region apart from increasing demand for automotive lubricants.

 

Metalworking fluids demand constituted for a substantial share of the industry sales. The metalworking facilities uses lubricants for several different applications, including grinding, stamping and machining. These products also serve as lubricants or coolants, which depends on the application functionality requirement.

 

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Middle East is a lucrative market space for the lubricant suppliers. However, due to the market dominance of the leading industry participants in the country it makes it a highly competitive environment for the new and small-scale players in the industry. Strategic distribution and supply systems play the most crucial part for customer retention and also increasing penetration of target markets.

 

The worldwide supply chains have been facing rising product portfolio and customer complexity lately. Heightening and demand for variety of finished lubricants type from several developing industries in the region have forced the industry participants to focus at unique ways to transform the existing ways to drive efficiencies. And also, to offer lower cost products, quality customer service and overall whilst lowering inventory and working capital.

 

 

Shell Oman Oil Marketing Company has been the leading lubricant brand selling a wide range of finished lubricants in the region in 2017 and till July 2018 as well. The company’s demand driven planning helped it remain ahead of the competition not only in the Middle East but also in the global lubricant market. The company revealed that in order to overcome the increasing complexity in consumer demand, it makes use of inventory buffers in order to break the bullwhip effect in the supply chain.

 

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As per the cross-industry survey from Terra Technologies (E2open), it showed that as the number of finished lubricants sold upsurges, the overall amount sold remains pretty flat in most industries. Hence, as the sales volume of every product goes down, it can be anticipated that forecasting of SKU levels gets more tougher the wider the product portfolio is.

 

Finished lubricants manufacturers in the region have been very much focused on the base oil grades that are used for formulation of lubricants as industrial consumers have been very specific to their demands for their product characteristics. Grade 2 segment is anticipated to grow at a CAGR of 3.8% from 2018 to 2026 in terms of revenue generated and account for around 36% of expected demand by 2026.  Grade 1 lubricants segment is expected to experience a moderate growth over the forecast period.

 

Middle East finished lubricants market is dominated with sales from the multinational players. To name some of them would include Shell Oman Marketing Company, Al Maha Petroleum Products Marketing Co. S.A.O.C, TOTAL Lubricants, JX Nippon Oil & Energy Middle East & Africa FZE, Oman Oil Marketing Company (Omanoil), ExxonMobil, British Petroleum, and Castrol.

 

Nano-Enabled Packaging Market Analysis by Size, Growth Rate ,Trends by 2026

 The global nano-enabled packaging market is estimated to reach USD 89.0 billion by 2026 growing at a CAGR of 12.7% during the forecast period, according to a new study published by Polaris Market Research. The report ‘Nano-Enabled Packaging Market Share, Size, Trends, & Industry Analysis Report, By Type (Active, Intelligent, Others); By End-User (Food and Beverages, Pharmaceutical, Personal Care, Others); By Regions: Segment Forecast, 2018 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends. In 2017, the food and beverage segment accounted for the highest market share. Asia-Pacific is expected to be the leading contributor to the global market revenue in 2017.

 

The increasing demand for packaged food products, growth in e-commerce, and an increasing proportion of technologically inclined consumers support the market growth. Increasing demand for fresh fruit and vegetables and stringent government regulation to promote the use of Nano-enabled packaging for improved food safety boosts the market growth.

 

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The growing use in the pharmaceutical industry, development of intelligent packaging, and rise in food-led export activities would accelerate the adoption of Nano-enabled packaging solutions during the forecast period. Various brands operating in the packaging market are adopting Nano-Enabled and smart packaging to enhance shelf appeal and brand exposure. New marketing techniques incorporating smartphone apps and codes are being used to attract consumers, thereby increasing the industry size.

 

Use of Nano-enabled packaging is expected to increase significantly during the forecast period. Use of Nanotechnology in food packaging increases the shelf life of food products, minimizes the spoilage, ensures food safety, and repairs the tears in packaging. Nano-enabled packaging solutions are also capable of alerting consumers about the safety of product, and sometimes release preservatives to extend shelf life of food in package.

 

A wide range of nanosensors are used in the food packaging industries, which include electronic noses, array biocensors, nanocantilevers, nanoparticle in solution, and nano-test strips among others. Packaging with nano-sensors is useful to trace the external or internal conditions of food products, pellets and containers throughout the food supply chain.

 

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Asia-Pacific generated the highest market share in terms of revenue in 2017, and is expected to lead the global Nano-Enabled Packaging market throughout the forecast period. The growing population, rising disposable incomes, and a transition from traditional markets to the purchasing of packaged consumer goods, especially in the food and beverage segment has accelerated the market growth in the region. The food and beverage, and food delivery industry is on a significant rise in the region. The increasing demand for fresh fruits and vegetables, and meat products is generating numerous opportunities for the Nano-Enabled Packaging industry.

 

The well-known companies profiled in the report include Amcor Limited, BASF SE, Bemis Company, Inc., Sonoco Products Company, Danaflex Nano LLC, Honeywell International Inc., Tetra Pak International S.A., DuPont Teijin Films, Chevron Phillips Chemical Company LLC, and Klöckner Pentaplast. These companies launch new products and collaborate with other leaders in the industry to innovate and launch new products to meet the increasing needs and requirements of consumers.