BIOPLASTIC FOOD PACKAGING MARKET

INTRODUCTION

 In order to create more environmentally friendly food packaging, bioplastics can be utilised in place of traditional petroleum-based plastics.

Bioplastics are materials made from renewable resources and biodegradable polymers, such as PLA, PHA, PBAT, and starch.

Plastic trash is a problem that is smothering the world and damaging the ecosystem. Bioplastic is a biodegradable material that comes from renewable sources and can be utilised to solve this issue.

By transforming the sugar found in plants into plastic, bioplastics are created. In the United States, corn is the source of that sugar. Other nations make use of potatoes, sugar beets, wheat, or sugar cane.

 Because of this, bioplastics are more environmentally friendly and renewable than regular plastics. Bioplastics are a type of plastic that can be produced from natural materials like plant starches and oils.

Since bioplastics are made from plants, less petroleum will likely be used to make plastic as a result.

BIOPLASTIC FOOD PACKAGING MARKET SIZE AND FORECAST

 The global Bioplastic Food packaging market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

BIOPLASTIC FOOD PACKAGING MARKETNEW PRODUCT LAUNCH

ZEROPACK is a project between Bio-on and Rivoira to create bioplastics for food packaging. Rivoira and Bio-on Announce New Company Bioplastics to be Developed by ZEROPACK for Food Packaging A strategic partnership between Bio-on and Rivoira has been announced in order to create innovative materials for packaging fresh produce.

In accordance with the deal, Bio-on will form a new business called ZEROPACK S.p.A., of which Rivoira will purchase 50%.

The alliance intends to address the demand for new eco-sustainable materials, which is constantly rising. Bio-on founded the new business ZEROPACK to capitalise on patents intended to transform the food packaging industry for fruits and vegetables by utilising bioplastics.

The objective is to enable all distributors to provide clients with environmentally friendly and sustainable goods.

ZEROPACK has paid Bio-on an exclusive licence to use the technology for 10 million euros in order to hasten the development of these solutions and fast take the lead in this quickly expanding industry with a high demand for quality.

The technique is based on studies that Bio-on researchers have been doing in Italian and American labs for the past four years in this area of application.

It will aid in containing the new environmental emergency that is being caused by the massive amount of plastic garbage. As is common knowledge, the typical plastics used to package food goods today are inefficient for recycling and frequently contain elements that are highly polluting.

BIOPLASTIC FOOD PACKAGING MARKETCOMPANY PROFILE

• BASF SE.
• Eastman Chemical Company.
• Plantic Technologies.
• Futamura Group.
• NatureWorks LLC.
• Polymateria Ltd.
• TIPA Corp Ltd.
• Biome Bioplastics Limited.

BIOPLASTIC FOOD PACKAGING MARKETTHIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Bioplastic Food packaging are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Bioplastic Food packaging and key vendor selection criteria
3. Where is the Bioplastic Food packaging manufactured? What is the average margin per unit?
4. Market share of Global Bioplastic Food packaging market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Bioplastic Food packaging in-house
6. key predictions for next 5 years in Global Bioplastic Food packaging market
7. Average B-2-B Bioplastic Food packaging market price in all segments
8. Latest trends in Bioplastic Food packaging market, by every market segment
9. The market size (both volume and value) of the Bioplastic Food packaging market in 2024-2030 and every year in between?
10. Production breakup of Bioplastic Food packaging market, by suppliers and their OEM relationship