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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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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