$5.8 Billion Nanotechnology and Food Market to Receive Welcoming Address from Director of Georgia Tech Research Institute
Dr. Cross will be welcoming speakers and delegates from over 10 countries who will be assembling in Atlanta to discuss the latest advances in employing nanotechnologies in the food industry and how to further their commercialization.
According to a recent report by the consulting company Cientifica (www.cientifica), the value of nanotechnologies applied to the food industry has already reached $410 million in 2006 with applications primarily restricted to food packaging for improved gas barrier protection and improved nutraceutical delivery systems.
With the report estimating that the value of these and other applications will reach $5.8 billion by 2012, the assembled participants at the Nano4Food conference, including food industry producers and suppliers, will examine when these applications will become commercially available and if they will be cost effective for their products.
Among the speakers from the food industry will be Vijay K Arora, PhD of Kraft Foods R&D Center and C. Ann Hollingsworth, PhD, President and Principal of Better Built Foods.
The conference will also address concerns that have been raised about the application of nanotechnologies to food products in a special session of the event.
Speakers from the Burdock Group, a leading consulting company to the food industry on the safety assessment of food ingredients, will discuss the safety issue along with a representative from the US Food and Drug Administration (FDA).
The session will also be highlighted by a discussion of liability issues related to the employing of nanoparticles in food stuffs provided by the law firm, Holland + Knight.
The conference is being produced in cooperation with the Food Processing Technology Division at Georgia Tech Research Institute, Economic Department Consulate General of the Netherlands, Wageningen Bionanotechnology Centre for Food and Health Innovations, the Institute of Food Technologists, the US Department of Agriculture CSREES, and Cientifica.
Nano4Food is also supported by sponsors: Holland + Knight, Burdock Group, Netherlands Foreign Investment Agency, Georgia Department of Economic Development, and Rabobank.
To learn more visit: http://www.nanofood.info