Global Soy-Based Packaging Market 2023-2030

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    GLOBAL SOY-BASED PACKAGING MARKET

     

    INTRODUCTION

     soybeans are crushed to extract the juice that is utilized to create bean curd and soy milk. A porridge-like residue is what is left, and it is typically discarded. it undergoes a fermenting process with the mushy remains. Microbes consume the nutrients, leaving cellulose, a type of fiber, behind.

     

    Since a few years, cellulose-based plastic covers have been available on the market, but  the majority of them are created from wood or specially grown corn.  Soy-based packaging wrap, however, is more sustainable because it is manufactured from a waste product rather than competing with food crops for space.

     

    With this method, it might be possible to reduce both the manufacturing of plastic and the quantity of food waste dumped in landfills.

     

    Another difficulty is biodegradability. Only after prolonged exposure to temperatures above 50 degrees Celsius can some bioplastics completely degrade. There have been worries expressed that bioplastics can contribute to the plastic pollution issue if they are not disposed of in appropriate facilities.

     

    GLOBAL SOY-BASED PACKAGING MARKET SIZE AND FORECAST

     

    infographic: Soy-Based Packaging Market , Soy-Based Packaging Market Size, Soy-Based Packaging Market Trends, Soy-Based Packaging Market Forecast, Soy-Based Packaging Market Risks, Soy-Based Packaging Market Report, Soy-Based Packaging Market Share

     

    The Global Soy-based packaging market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

     

    NEW PRODUCT LAUNCH

    Soy-based packaging, which can be discarded in a landfill or left in nature, is used to make the new packaging. It does not have a white coating that makes the paper difficult to decompose and is 100 percent biodegradable.

     

    In addition, soybean oil, rather than petroleum, is used to make the ink used to print the messages on the packaging. This ink is more environmentally friendly and won’t hurt plants or animals if the packaging is dropped into a river or the ocean.

     

    Volatile Organic Compounds (VOCs), which lessen air pollution and make it simpler to recycle packaging and separate ink from printed matter, are also present in it. Even though the package is free of plastic, the product keeps its weight whether kept in a refrigerator or other high-temperature environment.

     

    Beginning with three SKUs in the beverage line, including Singha Cancollar: size 320 ml., packed in 4 cans; size 320 ml., packed in 6 cans; and including Singha Basket, size 490 ml., packed in 4 cans, Singha introduces new packaging under the name “Singha Sustainable Pack” by switching from using Shrink Film to using 100% biodegradable  Soy-based packaging.

     

    COMPANY PROFILE

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. How many Soy-based packaging are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a Global Soy-based packaging and key vendor selection criteria
    3. Where is the Soy-based packaging manufactured? What is the average margin per unit?
    4. Market share of Global Soy-based packaging market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture Global Soy-based packaging in-house
    6. key predictions for next 5 years in Global Soy-based packaging market
    7. Average B-2-B Soy-based packaging market price in all segments
    8. Latest trends in Soy-based packaging market, by every market segment
    9. The market size (both volume and value) of the Soy-based packaging market in 2023-2030 and every year in between?
    10. Production breakup of Soy-based packaging market, by suppliers and their OEM relationship

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2023-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2023-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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