Smart Plant-Based Food Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024
Food packaging is essential for containment of products, preservation and protection, to reduce food spoilage, eliminating the risk of adulteration and present food in a hygienic and aesthetically attractive way. According to the Agriculture and Food Organization, one third of the food in the world is wasted and most of this wasted food is generated by retailers and consumers who follow dates on packages and throw away edible food due to a label. Therefore, a project was initiated in order to develop plant-based bioplastic food packaging which increases the shelf life of food and the researchers also have formulated sensors that notify the consumers and retailers whether the food inside can be consumed or not. Download Research Brochure PDF@ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=14936
Food packaging is essential for containment of products, preservation and protection, to reduce food spoilage, eliminating the risk of adulteration and present food in a hygienic and aesthetically attractive way. According to the Agriculture and Food Organization, one third of the food in the world is wasted and most of this wasted food is generated by retailers and consumers who follow dates on packages and throw away edible food due to a label. Therefore, a project was initiated in order to develop plant-based bioplastic food packaging which increases the shelf life of food and the researchers also have formulated sensors that notify the consumers and retailers whether the food inside can be consumed or not.
Download Research Brochure PDF@ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=14936
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<strong>Smart</strong> <strong>Plant</strong>-<strong>Based</strong> <strong>Food</strong> <strong>Packaging</strong> <strong>Market</strong> -<br />
<strong>Global</strong> <strong>Industry</strong> <strong>Analysis</strong>, <strong>Size</strong>, <strong>Share</strong>, <strong>Growth</strong>,<br />
<strong>Trends</strong> <strong>and</strong> <strong>Forecast</strong> <strong>2016</strong> - <strong>2024</strong><br />
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REPORT DESCRIPTION<br />
<strong>Food</strong> packaging is essential for containment of products, preservation <strong>and</strong> protection, to reduce food spoilage,<br />
eliminating the risk of adulteration <strong>and</strong> present food in a hygienic <strong>and</strong> aesthetically attractive way. According to the<br />
Agriculture <strong>and</strong> <strong>Food</strong> Organization, one third of the food in the world is wasted <strong>and</strong> most of this wasted food is<br />
generated by retailers <strong>and</strong> consumers who follow dates on packages <strong>and</strong> throw away edible food due to a label.<br />
Therefore, a project was initiated in order to develop plant-based bioplastic food packaging which increases the shelf<br />
life of food <strong>and</strong> the researchers also have formulated sensors that notify the consumers <strong>and</strong> retailers whether the<br />
food inside can be consumed or not.<br />
Download Research Brochure PDF@ http://www.transparencymarketresearch.com/sample/sample.php?<br />
flag=B&rep_id=14936<br />
These smart plant-based food packaging not only extend the life of the food product but also eliminates the need for<br />
environment-harming plastic. The smart plant-based food packaging market can be segmented on the basis of<br />
product type, material type <strong>and</strong> as per the region. On the basis of product type, the market is segmented into blow<br />
moulded, pot designed <strong>and</strong> others. On the basis of material type, it is divided into cellulose based film <strong>and</strong> blow<br />
moulded film. On the basis of region, the market is segmented into North America, Europe <strong>and</strong> the emerging<br />
countries of Asia Pacific.<br />
Safety of food products has become a top priority of consumers on a global scale. Increasing awareness among the<br />
consumers regarding the environmental concerns <strong>and</strong> gradual change in buying habits is likely to propel the smart<br />
plant based food packaging market. Biodegradable plant based polymers in plant based food packaging is<br />
manufactured by cultivating carbohydrates via bacteria, while bio plant based polymers are macromolecules derived<br />
from plant residues. This provides the plant based food packaging improved food preservative properties. It is mainly<br />
designed to extend shelf life of the food <strong>and</strong> also to protect the contents from its surroundings. St<strong>and</strong>ard packaging<br />
permits the entry of air which places limitations on shelf life of the food.
There is a lot of opportunity existing in the food packaging market in the developing economies as the food<br />
packaging technology is making huge progress in these regions. North America is leading the food packaging market<br />
followed by Asia Pacific <strong>and</strong> Europe. But somehow the growth rate shown in these regions have subsided<br />
considerably as the market is close to its peak. This growth is however restored by the high growth rate regions of<br />
Asia Pacifica which includes China, India <strong>and</strong> Latin America.<br />
<strong>Smart</strong> plant based food packaging is one of the areas where food packaging companies can emphasize on refining<br />
their practices. Reutilizing in-house <strong>and</strong> using eco-friendly <strong>and</strong>/or recyclable packaging is another step, but making<br />
plant based material <strong>and</strong> packaging means using more biodegradable products. Heinz, Coca-Cola <strong>and</strong> SINTEF are the<br />
major companies participating in the movement towards the use of smart plant based food packaging. Coca-Cola<br />
uses Brazilian sugarcane but is also looking into other plant based materials. Currently all of the company’s bottles<br />
are made of fully recyclable plastic using bio-based products whereas SINTEF is now ready to present the first<br />
demonstration of packaging made from polyactic acid. The company has partnered with other collaborators like<br />
Logoplaste <strong>and</strong> Greek company Agro to develop plant based food packaging. Other food packaging companies need<br />
to find if they can alter their packaging necessities <strong>and</strong> fit plant based packaging material in their budget for which<br />
the USDA has proposed a loan guarantee program which will give these manufacturers easy access to loan <strong>and</strong> also<br />
cheaper interest rates in order to build a new plant.<br />
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