Food Nanotechnology Market Size, Share, Types, Products, Trends, Growth, Applications and Forecast 2024 to 2032
The Food Nanotechnology Market size was valued at USD 23.26 Billion in 2023 and is projected to reach USD 53.08 Billion by 2032, growing at a CAGR of 9.6% from 2024 to 2032.
The science and technology known as nanotechnology are utilized in the food sector to produce stronger flavors, colors, and barrier qualities, as well as to detect pathogens in packaging. Food nanotechnology was first introduced by Pasteur, who used the pasteurization method to destroy bacteria that cause spoiling (which is measured in nanometers). This was the first step toward better food processing and higher-quality food. This food nanotechnology benefits human health from a fresh and cutting-edge angle. In the food and agriculture sectors, nanotechnology is also utilized to preserve plants, track their growth, get rid of illnesses in plants and animals, increase food output worldwide, improve food quality, and cut down on waste for sustainable intensification. For example, inadequate post-harvest practices, storage, and supply chain transportation facilities result in the annual loss of about 1.3 billion metric tonnes of consumable food, according to the UN Food and Agriculture Organization. Therefore, waste is reduced by the application of nanotechnology, which drives market expansion during the anticipated period.
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